First State Bank (Litchville, ND)

Episode Information

Episode UID
77022671526
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7702267 routing
Routing Number
77-0226
Start Date
February 2, 1927
Location
Litchville, North Dakota (46.654, -98.194)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
da2b37b60b7e9204

Response Measures

None

Description

Bank is under state bank receiver and paying dividends to creditors.

Events (2)
1. February 2, 1927 Receivership
Newspaper Excerpt
Ten per cent dividends will be paid to creditors ... it was announced today at the office of L. R. Baird, state bank receiver. ... to creditors of the ... First State Bank of Litchville.
Source
newspapers
2. February 2, 1927 Suspension
Cause
Government Action
Cause Details
Placed in receivership by the state bank receiver; paying dividends to creditors.
Newspaper Excerpt
Ten per cent dividends will be paid to creditors of three banks in the Lisbon district ... to creditors of the Merchants State Bank of Fingal, First State Bank of Litchville and Fort Ransom State Bank, Fort Ransom.
Source
newspapers

Newspaper Articles (2)
1. February 2, 1927 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, February 2, 1927

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Article Text

Three Closed Banks to Pay Dividends Ten per cent dividends will be paid to creditors of three banks in the Lisbon district, it was announced today at the office of L. R. Baird, state bank receiver. The dividends will be paid through the office of District Manager A. E. Jones at Lisbon, to creditors of the Merchants State Bank of Fingal, First State Bank of Litchville and Fort Ransom State Bank, Fort Ransom.

2. February 2, 1927 The Bismarck Tribune Bismarck, ND
Article from The Bismarck Tribune, February 2, 1927

Click image to open full size in new tab

Article Text

Three Closed Banks to Pay Dividends Ten per cent dividends will be paid creditors of three banks in the Lisbon district, it announced today the office of R. Baird, state receiver. The dividends will be paid through the office of District Manager Jones at Lisbon, to creditors the State Bank Fingal, First State Bank Litchville Fort Ransom State Bank, Fort Ransom.