First State Bank (Litchville, ND)

Episode Information

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

Metadata

Episode ID
Bank ID
City ID
381029921
Model
gpt-5-mini
Short Digest

Notes

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

Events (2)
1. 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
2. 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

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

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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.