8377. First State Bank (Bowlus, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 24, 1914
Location
Bowlus, Minnesota (45.819, -94.409)

Metadata

Model
gpt-5-mini
Short Digest
7c30ffc6bf0c772d

Response Measures

None

Description

Articles (Little Falls Herald, 1914-04-24) state the bank is defunct and has a receiver who announces a final dividend. No run or temporary suspension is mentioned explicitly; the presence of a receiver and final dividend indicates permanent closure, so classify as suspension_closure.

Events (2)
1. April 24, 1914 Other
Newspaper Excerpt
Final dividend of 10 per cent announced, making total of 85 per cent paid to creditors.
Source
newspapers
2. April 24, 1914 Receivership
Newspaper Excerpt
Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid. The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.
Source
newspapers

Newspaper Articles (2)
1. April 24, 1914 Little Falls Herald Little Falls, MN
Article from Little Falls Herald, April 24, 1914

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Article Text

WILL PAY FINAL DIVIDEND Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid. The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.

2. April 24, 1914 Little Falls Herald Little Falls, MN
Article from Little Falls Herald, April 24, 1914

Click image to open full size in new tab

Article Text

WILL PAY FINAL DIVIDEND Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid. The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.