gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d52f34d417f3569c
Response Measures
None
Description
Article states the bank is closed and a receiver is making dividend payments.
Events (2)
1.January 4, 1930Receivership
Newspaper Excerpt
Payment of a dividend of 10 per cent to depositors of the closed Citizens Bank of Walhalla ... has been announced by L. R. Baird, receiver. C. W. Conroy ... is making the payments.
Source
newspapers
2.January 4, 1930Suspension
Cause
Government Action
Cause Details
Bank was closed and placed in receivership; receiver announced dividend payments.
Newspaper Excerpt
Payment of a dividend of 10 per cent to depositors of the closed Citizens bank of Walhalla, Pembina county, has been announced by L. R. Baird, receiver.
Source
newspapers
Newspaper Articles (2)
1.January 4, 1930The Bismarck TribuneBismarck, Mandan, ND
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Article Text
WALHALLA BANK PAYS Payment of a dividend of 10 per cent to depositors of the closed Citizens bank of Walhalla, Pembina county, has been announced by L. R. Baird. receiver. C. W. Conroy, district manager at Devils Lake, is making the payments.
2.January 4, 1930The Bismarck TribuneBismarck, Mandan, ND
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Article Text
10 Per Cent Dividend Is Given Depositors Of Bank at Walhalla Payment of a dividend of 10 per cent to depositors of the closed Citizens Bank of Walhalla, Pembina county, has been announced by L. R. Baird, receiver. C. W. Conroy, district manager at Devils Lake, is making the payments.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.