gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a94ce453ce7ba783
Response Measures
None
Events (1)
1.January 12, 1929Receivership
Newspaper Excerpt
dividends to depositors of closed state banks... the Farmers State Bank Mapes
Source
newspapers
Newspaper Articles (2)
1.January 12, 1929Morning PioneerMandan, ND
Click image to open full size in new tab
Article Text
DIVIDENDS FOR OF FOUR N. D. BANKS
Bismarck, Jan. Payment four dividends to deposiof closed state banks was announced today by the state bank receiver closed banks here. All be paid through office W. Conroy, district manager for the receiver Devils The dividends 10 per cent depositors the State Bank, the Farmers State Bank Mapes, the Farmers State Bank of Emerado, and the Karnak State Bank.
2.January 14, 1929Morning PioneerMandan, ND
Click image to open full size in new tab
Article Text
DIVIDENDS FOR OF FOUR N. D. BANKS
Bismarck, Payment four to deposiclosed state ced today by the state bank closed banks here. All will be paid through office W. Conroy, district manager for the receiver Devils Lake The dividends 10 per cent depositors of the State Bank, the Farmers State Bank Mapes, the Farmers Bank of Emerado, and the Karnak State Bank
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.