Bank declared insolvent and receiver (L. R. Baird) appointed
Newspaper Excerpt
Notice is hereby given by the undersigned, L. R. Baird, of Bismarck, North Dakota, as Receiver of the Menoken Farmers State Bank of Menoken, North Dakota, to the creditors of said insolvent bank
Source
newspapers
same day
2.February 20, 1924Receivership
Newspaper Excerpt
Notice is hereby given by the undersigned, L. R. Baird ... as Receiver of the Menoken Farmers State Bank of Menoken, North Dakota
Source
newspapers
+4 months
3.June 30, 1924Other
Newspaper Excerpt
The Depositors Guaranty Fund is now paying a ten per cent dividend on guaranteed deposits in banks officially closed between January 1st and June 30th, inclusive, 1924: the only bank in Burleigh County included in this list is: MENOKEN FARMERS STATE BANK;
Source
newspapers
Newspaper Articles (10)
1.February 21, 1924The Bismarck TribuneBismarck, Mandan, ND
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Article Text
Menoken, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, of Bismarck, North Dakota, as Receiver of the Menoken Farmers State Bank of Menoken, North Dakota, to the creditors of said insolvent bank and to all persons having claims against
2.February 28, 1924The Bismarck TribuneBismarck, Mandan, ND
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Article Text
"NOTICE TO CREDITORS In the Matter of the Insolvency of the Menoken Farmers State Bank of Menoken, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, of Bismarck, North Dakota, as Receiver of the Menoken Farmers State Bank of Menoken, North Dakota, to the creditors of said insolvent bank and to all persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers, with the undersigned receiver at his office at Bismarck, within four months after the first publication of this notice. If said claims are not so filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent hank." Dated February 20th, 1924. L. R. BAIRD, Receiver. First publication on 21st day of February, 1924. 2-21-28-3-6-13
3.March 5, 1925The Bismarck TribuneBismarck, Mandan, ND
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Article Text
GOOD PROGRESS IN FEBRUARY JURY CALENDAR Disposition of cases heard since February 27 in the February term of the District Court which opened February 17, with Judge Jansonius presiding, is as follows: Charles Rigler vs. Henry Streiff of Chicago, an action to recover for the substitution of cheaper furs for the original ones sent by Mr. Rigler to Mr. Streiff. Verdict given in favor of Mr. Rigler for $197.78. J. P. Wagner vs. Anton Silbernagel, a promissory note suit; won by default. L. R. Baird, receiver of Menoken Farmers State Bank, vs. C. D. King, suit on promissory stock note. Jury found for the defendant. Francis Jaszkowiak vs. Albert Schneider, a suit for money loaned by Mr. Jaszkowiak to Mr. Schneider, and also for breach of contract. The jury found for the plaintiff on the money loan and against him on the breach of contract. Francis Jaszkowiak vs. Martin Nel-
4.July 11, 1927The Bismarck TribuneBismarck, Mandan, ND
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Article Text
NOTICE TO DEPOSITORS IN CLOSED BANKS. The Depositors Guaranty Fund is now paying a ten per cent dividend on guaranteed deposits in banks officially closed between January 1st and June 30th, inclusive, 1924: the only bank in Burleigh County included in this list is: MENOKEN FARMERS STATE BANK; claims of depositors must be allowed by\the receiver before they can be considered by the Commission: this notice is pursuant to Section 21, Chapter 200, Session Laws 1923. Forms and instructions for preparation of claims of depositors against the Depositors Guaranty Fund will be found at every State bank. Bismarek. June 30, 1937. DEPOSITORS GUARANTY FUND COMMISSION. 7/11-18
5.July 18, 1927The Bismarck TribuneBismarck, Mandan, ND
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Article Text
# NOTICE TO DEPOSITORS IN CLOSED BANKS.
The Depositors Guaranty Fund is now paying a ten per cent dividend on guaranteed deposits in banks officially closed between January 1st and June 30th, inclusive, 1924; the only bank in Burleigh County included in this list is:
MENOKEN FARMERS STATE BANK;
claims of depositors must be allowed by the receiver before they can be considered by the Commission; this notice is pursuant to Section 21, Chapter 200, Session Laws 1923. Forms and instructions for preparation of claims of depositors against the Depositors Guaranty Fund will be found at every State bank.
Bismarck. June 30, 1927.
DEPOSITORS GUARANTY FUND COMMISSION.
7/11-12
6.July 23, 1927Morning PioneerMandan, ND
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DIVIDENDS FOR DEPOSITORS IN 3 CLOSED BANKS
(By The Associated Press) Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank receiver.
A ten per cent dividend to creditors of the Menoken Farmers Bank will be paid by P A O'Keefe, district manager, at Bismarck. A previous dividend of twenty per cent already has been paid. A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe and a fiften per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, dis trict manager at Devils Lake.
7.July 23, 1927Morning PioneerMandan, ND
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Article Text
DIVIDENDS FOR DEPOSITORS IN 3 CLOSED BANKS
(By The Associated Press). Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank re ceiver. A ten per cent dividend to creditors of the Menoken Farmers' Bank will be paid by P. A. O'Keefe, district manager, at Bismarck. A previous dividend of twenty per cent already has been paid A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe and a fiften per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, district manager at Devils Lake.
8.July 23, 1927The Bismarck TribuneBismarck, Mandan, ND
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Article Text
Creditors of Shut Banks Get Money Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank receiver. A ten per cent dividend to creditors of the Menoken Farmers' Bank will be paid "by P. A. O'Keefe, district manager at Bismarck. A previous dividend of 20 per cent already has been paid. A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe, and a 15 per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, district manager at Devils Lake.
9.July 24, 1927Grand Forks HeraldGrand Forks, ND
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Three Closed Banks Will Pay Dividends
Bismarck, July 23. (AP) payment creditors three today by L. R. Baird, state bank reper cent dividend to crediof the Menoken Farmers bank tors be paid O'Keefe, trict manager at Bismarck. predividend twenty per cent already been first of per cent will to creditors of the State be paid Bank Bowman also by 15 cent divident will be and per to of the Farmers State bank of Hoople by W. Condistrict manager at Devils Lake
10.July 29, 1927Mandan PioneerMandan, ND
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DIVIDENDS FOR DEPOSITORS IN 3 BANKS
(By Associated Press) Dividend payments to creditors of three closed banks were announced today by R. Baird, state bank receiver ten per cent dividend to credit tors of the Menoken Farmers' Bank be paid by O'Keefe, district manager at Bismarck. previous dividend twenty per cent already has been paid first dividend of 10 per cent will be paid to creditors of Bank Bowman, also by O'Keefe and fiften cent dividend will be paid creditors of the Farmers State Bank of Hoople by Conroy, dis. trict manager at Devils Lake.
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.
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Menoken Farmers State Bank · Episode ID 77103371490