Gilman State Bank (Gilman, MT)

Episode Information

Episode UID
93016071487
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9301607 routing
Routing Number
93-0160
Start Date
November 30, 1923
Location
Gilman, Montana (47.509, -112.365)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
95a573890965dee0

Response Measures

None

Description

Articles state the bank suspended payments and a receiver was appointed; criminal charges against officials allege accepting deposits while insolvent.

Events (4)
1. November 30, 1923 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent; closed and suspended payments on November 30.
Newspaper Excerpt
The bank closed its doors and suspended all payments on November 30.
Source
newspapers
2. December 19, 1923 Receivership
Newspaper Excerpt
George W. Bonine of Augusta, was appointed receiver of the Gilman State bank, by Judge W. H. Poorman in proceedings started yesterday in the district court.
Source
newspapers
3. March 13, 1924 Receivership
Newspaper Excerpt
Malcolm Chisholm of Augusta, receiver of the People's bank of Augusta and the Gilman State bank, died of pneumonia... Ursula Mannix has been appointed by Judge W. H. Poorman to succeed to the receivership.
Source
newspapers
4. April 8, 1924 Receivership
Newspaper Excerpt
George H. Minson of Great Falls has been appointed by Judge W. H. Poorman ... to be receiver of the Gilman State bank, at Gilman, succeeding Miss Ursula Mannix.
Source
newspapers

Newspaper Articles (8)
1. December 19, 1923 The Independent-Record Helena, MT
Article from The Independent-Record, December 19, 1923

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Article Text

GEORGE W. BONINE BANK'S RECEIVER HE IS TO TAKE CHARGE IN GILMAN George W. Bonine of Augusta, was appointed receiver of the Gilman State bank, by Judge W. H. Poorman in proceedings started yesterday in the district court. The petition was filed by Attorney General Wellington D. Rankin. The receiver's bond was fixed at $25,000. Bank Closed on Nov. 30 The bank closed its doors and suspended all payments on November 30. Bonine, who has been in charge of the bank since it closed, will be paid a salary of $150 a month in the receivership, which, with free rental, will mean a liquidation of the bank's affairs at the minimum of expense, Judge Poorman pointed out.

2. March 4, 1924 The Independent-Record Helena, MT
Article from The Independent-Record, March 4, 1924

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Article Text

ELMER E. DAWSON TAKEN IN SEATTLE Seattle, March 3—Elmer E. Dawson, formerly a banker in Montana, was arrested here today on telegraphic request. Dawson, who was cashier of the State Bank of Belt, in Montana, has been living here with his wife and two children and working as a bookkeeper. He is a son-in-law of A. L. Bradley, arrested in Seattle last week with C. W. Tewell, on charges caused by failure of the Gilman (Mont.) State bank. Dawson declared he never had any connection with the Gilman institution. Dawson was placed under $9,000 bail. He said that the Belt institution had been wrecked by a run that resulted from failure of the Miners State Bank of Coulee, nearby, and that he came here last June. He said that he had visited Great Falls, Mont., since then as a witness in proceedings resulting from the closing of the Belt bank, and that he could not imagine what had been found to cause his arrest. It was also announced by the authorities here word had been received from Olympia, Washington, that Governor Louis F. Hart had honored the requisition of Governor Joseph M. Dixon of Montana for the extradition of A. L. Bradley and C. W. Tewell, former officials of the defunct Gilman State bank, of Gilman, Mont., who were arrested in Seattle last week. Hearing on habeas corpus proceedings begun by their attorney here is scheduled for tomorrow. Dawson is a stepson of A. L. Bradley, authorities stated. Bradley and Tewell were president and cashier respectively of the Gilman State bank. They are accused of accepting deposits after they knew the bank was insolvent. Great Falls, March 3—A telegram from L. B. Lockhart, from Los Angeles, where he was arrested on a grand jury indictment from here Saturday, states that he will arrive here Wednesday for arraignment. Lockhart was vice president of the Miners State Bank of Sand Coulee and president of the State Bank of Belt, both closed institutions.

3. March 4, 1924 The Independent-Record Helena, MT
Article from The Independent-Record, March 4, 1924

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Article Text

ELMER E. DAWSON TAKEN IN SEATTLE Seattle, March 3—Elmer E. Dawson, formerly a banker in Montana, was arrested here today on telegraphic request. Dawson, who was cashier of the State Bank of Belt, in Montana, has been living here with his wife and two children and working as a bookkeeper. He is a son-in-law of A. L. Bradley, arrested in Seattle last week with C. W. Tewell, on charges caused by failure of the Gilman (Mont.) State bank. Dawson declared he never had any connection with the Gilman institution. Dawson was placed under $9,000 bail. He said that the Belt institution had been wrecked by a run that resulted from failure of the Miners State Bank of Coulee, nearby, and that he came here last June. He said that he had visited Great Falls, Mont., since then as a witness in proceedings resulting from the closing of the Belt bank, and that he could not imagine what had been found to cause his arrest. It was also announced by the authorities here word had been received from Olympia, Washington, that Governor Louis F. Hart had honored the requisition of Governor Joseph M. Dixon of Montana for the extradition of A. L. Bradley and C. W. Tewell, former officials of the defunct Gilman State bank, of Gilman, Mont., who were arrested in Seattle last week. Hearing on habeas corpus proceedings begun by their attorney here is scheduled for tomorrow. Dawson is a stepson of A. L. Bradley, authorities stated. Bradley and Tewell were president and cashier respectively of the Gilman State bank. They are accused of accepting deposits after they knew the bank was insolvent. Great Falls, March 3—A telegram from L. B. Lockhart, from Los Angeles, where he was arrested on a grand jury indictment from here Saturday, states that he will arrive here Wednesday for arraignment. Lockhart was vice president of the Miners State Bank of Sand Coulee, and president of the State Bank of Belt, both closed institutions.

4. March 12, 1924 The Butte Daily Post Butte, MT
Article from The Butte Daily Post, March 12, 1924

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Article Text

BANK RECEIVER DIES; WOMAN IS GIVEN POST HELENA.—Malcolm Chisholm of Augusta, receiver of the People's bank of Augusta and the Gilman State bank, died Sunday night of pneumonia and complications. Ursula Mannix was appointed Monday by Judge W. H. Poorman to succeed to the receivership. She was Mr. Chisholm's chief clerk. Her bond was fixed at $25,000. Mr. Chisholm was about 45 years of age, and for years was identified with the banking and livestock interests in the north end of Lewis and Clark county.

5. March 14, 1924 The Billings Gazette Billings, MT
Article from The Billings Gazette, March 14, 1924

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Article Text

WOMAN BANK RECEIVER. Helena, March 13.—(Special)—Malcolm Chisholm of Augusta, receiver of the People's bank of Augusta and the Gilman State bank, died of pneumonia and complications. Ursula Mannix has been appointed by Judge W. H. Poorman to succeed to the receivership. She was Mr. Chisholm's chief clerk. **

6. March 18, 1924 Midland Empire News Billings, MT
Article from Midland Empire News, March 18, 1924

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Article Text

WOMAN BANK RECEIVER. Helena, March 13.—(Special)—Malcolm Chisholm of Augusta, receiver of the People's bank of Augusta and the Gilman State bank, died of pneumonia and complications. Ursula Mannix has been appointed by Judge W. H. Poorman to succeed to the receivership. She was Mr. Chisholm's chief clerk.

7. April 9, 1924 Great Falls Tribune Great Falls, MT
Article from Great Falls Tribune, April 9, 1924

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Article Text

G. H. Minson of Falls Named Bank Receiver (Tribune's Helena Bureau) Helena, April 8.—George H. Minson of Great Falls has been appointed by Judge W. H. Poorman of the district court of Lewis and Clark county to be receiver of the Gilman State bank, at Gilman, succeeding Miss Ursula Mannix of Augusta, who has been acting as receiver of the Gilman bank and of the People's State bank of Augusta since the death of Malcolm Chisholm, the first receiver. Miss Mannix retains control of the Augusta bank. The action of the court was taken upon the petition of creditors of the institution, who believed the affairs of the two banks could be better conducted separately.

8. April 9, 1924 Great Falls Tribune Great Falls, MT
Article from Great Falls Tribune, April 9, 1924

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Article Text

(Tribune's Helena Bureau) Helena, April 8.—George H. Minson of Great Falls has been appointed by Judge W. H. Poorman of the district court of Lewis and Clark county to be receiver of the Gilman State bank, at Gilman, succeeding Miss Ursula Mannix of Augusta, who has been acting as receiver of the Gilman bank and of the People's State bank of Augusta since the death of Malcolm Chisholm, the first receiver. Miss Mannix retains control of the Augusta bank. The action of the court was taken upon the petition of creditors of the institution, who believed the affairs of the two banks could be better conducted separately.