Bank of Sanborn (Sanborn, ND)

Episode Information

Episode UID
77080271457
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7708027 routing
Routing Number
77-0802
Start Date
May 5, 1921
Location
Sanborn, North Dakota (46.942, -98.224)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
505898e56ca93bb5

Response Measures

None

Description

Receiver in charge and reorganization underway; appears to be closed and in receivership.

Events (2)
1. May 5, 1921 Receivership
Newspaper Excerpt
A receiver is in charge and is making collections. F. E. Stephen, vice president, is in communication with state authorities relative to the opening of the institution.
Source
newspapers
2. May 5, 1921 Suspension
Cause
Government Action
Cause Details
Receiver placed in charge and bank closed for reorganization under state supervision.
Newspaper Excerpt
Reorganization of the Bank of Sanborn is under way. A receiver is in charge and is making collections.
Source
newspapers

Newspaper Articles (2)
1. May 5, 1921 Grand Forks Herald Grand Forks, ND
Article from Grand Forks Herald, May 5, 1921

Click image to open full size in new tab

Article Text

BANK AT SANBORN BEING REORGANIZED Sanborn. N. D.. May 5.-Reorganization of the Bank of Sanborn is under way. A receiver is in charge and is making collections. F. E. Stephen. vice president. is in communication with state authorities relative to the opening of the institution.

2. May 11, 1921 The Devils Lake World Devils Lake, ND
Article from The Devils Lake World, May 11, 1921

Click image to open full size in new tab

Article Text

Bank Reorganizes Sanborn, N. D.,-Reorganization of the Bank of Sanborn is under way. A receiver is in charge and is making collections. F. E. Stephen, vice president, is in communication with state authorities relative to the opening of the institution.