Farmers Bank of Mckenzie County

Episode Information

Episode UID: 77054071562
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7705407 routing
Routing Number: 77-0540
Start Date: February 5, 1930
Location: Charlson, North Dakota (48.060, -102.871)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: bd7880693e373229

Response Measures

None

Events (1)

1. February 5, 1930 Receivership

Newspaper Excerpt: Depositors of the closed Farmers Bank of McKenzie County, Charlson, are being paid a 10 per cent dividend, bringing total dividends paid by this bank to 20 per cent, L. R. Baird, receiver, announced today.
Source: newspapers

Newspaper Articles (1)

1. February 5, 1930 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, February 5, 1930

Click image to open full size in new tab

Article Text

CHARLSON BANK PAYS Depositors of the closed Farmers Bank of McKenzie County, Charlson, are being paid a 10 per cent dividend, bringing total dividends paid by this bank to 20 per cent, L. R. Baird, receiver, announced today. Payment is being made through J. P. Reeve, district manager for the receiver at Burlington.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

Flag Article for Review

Flag Episode for Review