Farmers State Bank (Cut Bank, MT)

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Receiver Quits Job To Take Post With War Finance Board Special to The Tribune. Cut Bank, Oct. 31.-H. A. Norman, receiver of the Farmers State bank here. has resigned to accept a position with the war finance corporation at Minneapolis. He will report for his new post November 6th. D. J. Hilger, who is now receiver for the Stockmen's State bank at Browning will probably be appointed to take charge here, the two banks to be consolidated thus eliminating the expense of one receiver. Judge Greene, who is now holding court at Cut Bank, will undoubtedly confirm the change.

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Robertson Receiver of Bank at Cut Bank Special to The Tribune. Cut Bank. Nov. 7.G. M. Robertson is the new receiver for the Farmers State bank here. He succeeds H. A. Norman, who resigned to accept a place with the war finance corporation at Minneapolis. D. J. Hilger, who expected to consolidate the bank here with the Stockman's State bank at Browning as receiver for both, did not accept, hence the appointment of Robertson. Robertson, who is also the local representative of the federal reserve bank, took charge Saturday. Norman left for his new place Saturday.

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Plaintiff

Charles I. Snow. VS. Ferdinand Koehler and Mary Koehler, his wife, Petters and company, a corporation. G. M. Robertson, Receiver of the Farmers State Bank of Cut Bank, Montana, a corporation, Plaintiff. To be sold at Sheriff's Sale on the 20th day of August A. D. 1923, at 3 o'clock p. m.. at the front door of the Court House in the City of Shelby, in the said County of Toole, the following property: The Lots One (1), Two (2), Three (3) Four (4). the Southeast quarter of the Northwest quarter (SE1/NW) Southwest Quarter of the Northeast (SW1/NE%), Southeast quarter of the Northeast quarter (SE/NE%) of Section One (1) Township thirty-five North (35 N), Range four (4) West of Montana Principal Meridian, containing 280 acres. more or less according to the Government Survey thereof, situated in Toole County, Montana. Dated this 21st day of July, A. D. 1923. H. E. BENJAMIN, Sheriff. By W. B. MARTIN, Under Sheriff. Dillovon & Moore, Attorneys for Plaintiff. July 29-Aug.-16.

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Plaintiff

Charles I. Snow. VS, Ferdinand Koehler and Mary Koehler, his wife, Petters and company, a corporation. G. M. Robertson, Receiver of the Farmers State Bank of Cut Bank, Montana, a corporation, Defendants. To be sold at Sheriff's Sale on the 20th day of August A. D. 1923, at 3 o'clock p. m., at the front door of the Court House in the City of Shelby, in the said County of Toole, the following property: The Lots One (1), Two (2), Three (3) Four (4). the Southeast quarter of the Northwest quarter (SE½NW) Southwest Quarter of the Northeast Southeast quarter of the Northeast quarter (SE%NE%) of Section One (1) Township thirty-five North (35 N), Range four (4) West of Montana Principal Meridian, containing 280 acres. more or less according to the Government Survey thereof, situated in Toole County, Montana. Dated this 21st day of July, A. D. 1923. H. E. BENJAMIN, Sheriff. By W B. MARTIN, Under Sheriff. Dillovon & Moore, Attorneys for Plaintiff. July 29-Aug.-16.

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NOTICE OF SHERIFF'S SALE

IN THE DISTRICT COURT OF THE NINETEENTH JUDICIAL DISTRICT OF THE STATE OF MONTANA IN AND FOR THE COUNTY OF TOOLE

Leon M. Bolter Company, a corporation, formerly Bankers Holding and Investment Company, a corporation, Plaintiff.

-vs.-

Lewis E. Strayer and Jennie Strayer, husband and wife, G. M. Robertson, receiver of Farmers State Bank of Cut Bank, Montana, a corporation, Gordon Campbell, Toole County, Montana, a Political subdivision, Defendants.

To be Sold at Sheriff's Sale on the 20th day of October, A. D. 1923, at 3 o'clock p. m., at the front door of the Court House in the City of Shelby, in the said County of Toole, the following property: The South Half (S½) of Section numbered Twenty-one (Sec. 21) in Township numbered Thirty-four North (Twp. 34 N.) and Range numbered Four West (R 4 W.) of the Montana Meridian, containing 320 acres, more or less, according to the Government survey thereof.

Dated this 24th day of September, A. D., 1923.

H. E. BENJAMIN, Sheriff. By W. B. MARTIN, Under Sheriff. Henderson & Knaack, Attorneys for Plaintiff, Shelby, Montana. Sept. 27-Oct. 18.

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SHERIFF'S SALE In the District Court of the Nineteenth Judicial District of the State of Montana, In and For the County of Glacier.

Capital Trust & Savings Bank, a corporation, Plaintiff, versus Roland S. Hanson, Ivadell Hanson, his wife, G. M. Robertson, as Receiver of The Farmers State Bank of Cut Bank, a banking corporation, Glacier County, a corporate body politic, McNamer Realty Company, a corpora

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Robertson Resigns as Receiver At the session of district court last week G. M. Robertson. for several years receiver of the Farmers State Bank of Cut Bank, presented his resignation to Judge Greene and the judge appointed E. Verne Day, receiver of the Glacier County State Bank as receiver of the Farmers State. Mr. Day will receive no extra compensation in connection with the new duties.

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SHERIFF'S SALE

In the District Court of the Nineteenth Judicial District of the State of Montana, in and for the County of Toole. Mary J. Morrow Plaintiff.

-VS.-

Samuel S. Strayer and Elsie M. Strayer, his wife, Barnes Brothers Incorporated, a corporation, E. V. Day, as Receiver of the Farmers State Bank of Cut Bank, a corporation, D. A. Knechtel, A. H. Newberry and L. W. King Defendants. To be sold at Sheriff's Sale on the 21st day of January A. D., 1927, at 2 o'clock P. M., at the Front Door of the Court House in the City of Shelby, in the said County of Toole, the following property: The West One Half (W½) of Section (15) in Township Thirty Four (34), Range Four (4) West, containing 320 acres, more or less, according to the Government Survey thereof, together with all and singular the tenements, hereditaments, and appurtenances thereunto belonging or in any wise appertaining. Dated this 28th day of December A. D., 1926.

T. H. DALEY, Sheriff. W. B. Martin, Under Sheriff. Maddox & Church, Attorneys for Plaintiff. (34-4)

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OIL WILL PAY

(Continued From Page One) burse the stockholders of the bank—plus a profit, in Cut Bank oil field.

This became known with the completion of the No. 3 well on the Coover lease, which belongs to the Farmers State Bank of Cut Bank, defunct. When the bank failed, stockholders were called upon to pay double the amount of their stock. One stockholder deeded 160 acres of farm land, in NE¼ 17-33-5W, in lieu of cash.

When oil development came, Coover, receiver of the bank, leased to Nadeau Brothers. They have completed three wells. The first, completed December 12, 1935, had an initial of 42 barrels, the second 100 barrels and the third will be 150 barrels or better.

The accumulation of six months is enough to pay a 30 per cent dividend to depositors. It will not be long, with the added production of the No. 3, before the depositors will be paid out 100%. The bank has 12% landowner's royalty, having given the former owner of the farm one half of one percent in settlement of a controversy over title.