Farmers State Bank (Havre, MT)

Episode Information

Episode Type
Suspension → Closure
Start Date
January 1, 1921*
Location
Havre, Montana (48.550, -109.684)
Bank Type
state
Routing Number
93-0267

Metadata

Episode ID
Bank ID
City ID
300772203
Model
gpt-5-mini
Short Digest

Notes

Sources state the bank closed in 1921 and remained in receivership for years.

Events (7)
1. January 1, 1921* Suspension
Cause
Government Action
Cause Details
Bank closed and placed in receivership by authorities following failure/insolvency
Newspaper Excerpt
the institution closed in 1921
Source
newspapers
2. January 1, 1921* Receivership
Newspaper Excerpt
O. G. Skylstead, receiver of the Farmers State Bank of Havre (since its closing).
Source
newspapers
3. January 29, 1924 Other
Newspaper Excerpt
O. G. Skystead, as receiver of the Farmers State Bank of Havre (court opinion affirming receiver actions).
Source
newspapers
4. May 4, 1925 Other
Newspaper Excerpt
To be sold at Sheriff's Sale on the 4th day of May A. D., 1925 ... O. G. Skylstead, as Receiver Thereof
Source
newspapers
5. August 21, 1925 Other
Newspaper Excerpt
To be sold at Sheriff's Sale on the 21st day of August A. D. 1925 ... 0 G. Skylstead, Receiver of the Farmers State Bank of Havre
Source
newspapers
6. December 4, 1925 Receivership
Newspaper Excerpt
C. Erskine was appointed Farmers State bank receiver ... to fill the vacancy caused by the resignation of Skylstead.
Source
newspapers
7. August 27, 1926 Other
Newspaper Excerpt
HAVRE BANK PAYS $20,000.00 DIVIDEND ... paid to the creditors of the Farmers State Bank of Havre, according to C. W. Erskine, receiver.
Source
newspapers

Newspaper Articles (10)
1. January 30, 1924 Great Falls Tribune Great Falls, MT
Article from Great Falls Tribune, January 30, 1924

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Article Text

(Tribune's Helena Bureau) Helena, Jan. 29.—In an opinion handed down Tuesday the supreme court affirms the judgment of the district court of Liberty county in the appeal case of Harvey D. Price and wife against O. G. Skystead, as receiver of the Farmers State Bank of Havre. The action was instituted to remove a cloud from the title to real property in Liberty county, which had been foreclosed under a mortgage given to the Havre bank, afterward assigned to a Spokane bank, in whose name the foreclosure proceedings were originally instituted, and which subsequently retransferred its interests to the Havre bank.

2. March 5, 1925 The Hill County Sunday Journal Havre, MT
Article from The Hill County Sunday Journal, March 5, 1925

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Article Text

ALIAS SUMMONS Eighteenth the In Judicial the County State Hill tana, in and Plaintiff, Harrington, Bank her corporation Farmers State Receiver Kaasa Havre Bank of Havre: of Havre, corpora Montana Ings The State of above named each of them summoned to answer You this action the in office the filed which Court, of you each county one of reside and wherein you and your plaintiff's attorney upon after the service of the day servyour default, for the by. object of and That entitled lien of certain the June 6th, made, defendants delivered and Bank In by mesne assigned herein office of the in the Hill County on June Book and gages, on page of the equity of any inthem, estate in upon said terest or from to the following of of Range (33) Thirty Fifteen three East Montana MeriHill County, Montana, less, ac. 160 more taining the cording thereof; with appurtenances all the hereditaments belonging in anythereunto wise and the Seal hand Witness Court this 7th day said GEO. W. Clerk (Seal) McKenzie, Attorneys for & Plaintiff, Kenzie Great Falls, Montana.

3. March 12, 1925 The Havre Daily News Havre, MT
Article from The Havre Daily News, March 12, 1925

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Article Text

ALIAS SUMMONS In the District Court the Judicial District of the and for the County of Hill. (The Holger Jacobsen, Mary H. Mills, (for. and HolFarmers State Bank Receiver the Farmers State Bank of The State of GreetIngs the Above Named Defendants, and to Each of Them: You are to answer the in this which filed in the office of the Clerk of this

4. April 17, 1925 The Box Elder Valley Press Box Elder, MT
Article from The Box Elder Valley Press, April 17, 1925

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Article Text

NO. 11297 SHERIFF'S SALE In the District Court of the Eigheenth Judicial District of the State of Montana, in and for the County of Hill. Clementine Siebold. Plaintiff, VS. Clara Duval, Joseph Edward Duval, armers State Bank of Havre, a cororation, and 0. G. Skylstead, as Receiver Thereof, Joseph Gussen hoven, and St. Anthony & Dakota Company, a corporation, Defendants. To be sold at Sheriff's Sale on the 4th day of May A. D., 1925, at 10 o'clock A. M., at the Front Door of the Court House, Havre, Montana, in the said County of Hill, the following property, north half of the Southwest quarter (N½ SW of Section four (4), North half of Southeast of Section five (5), Township thirty three (33) North, Range sixteen (16) East, Montana Meridian, in Hill County, Montana. Dated this 30th day of March, A. D., 1925. R. C. TIMMONS. Sheriff of Hill County. By E. C. Liggett, Under Sheriff A. F. Lamey, Havre, Mont. Attorney for Plaintiff. Apr. 3-10-17

5. May 1, 1925 The Box Elder Valley Press Box Elder, MT
Article from The Box Elder Valley Press, May 1, 1925

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Article Text

NO. 11297 SHERIFF'S SALE In the District Court of the Eigh eenth Judicial District of the State of Montana, in and for the County of Hill. Clementine Siebold, Plaintiff, VS. Clara Duval, Joseph Edward Duval armers State Bank of Havre, a cororation, and O. G. Skyistead, Receiver Thereof, Joseph Gussen hoven, and St. Anthony & Dakota Company, a corporation, Defendants. To be sold at Sheriff's Sale on the 4th day of May A. D., 1925, at 10 o'clock A. M., at the Front Door 0. the Court House, Havre, Montana, in the said County of Hill. the follow ing property, to-wit north half of the Southwest quarter SW of Section four Nort of half of Southeast Section five (5), Township thirty three (33) North, Range sixteen (16) East. Montana Meridian, in County, Montana. Hill Dated this 30th day of March. A D., 1925. R. C. TIMMONS Sheriff of Hill County By E. C. Liggett, Under Sheriff. AtA. F. Lamey, Havre, Mont. torney for Plaintiff. Apr. 3-10-17

6. May 14, 1925 Livingston Enterprise Livingston, MT
Article from Livingston Enterprise, May 14, 1925

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Article Text

ASKS COURT TO SELL ASSETS OF BANK FOR RECEIVER IS COSTLY HAVRE-The district court is asked to immediately-order O. G. Skylstead, receiver of the Farmer's state bank here, to sell the assets of the institution and close up the receivership,

7. May 15, 1925 The Producers News Plentywood, MT
Article from The Producers News, May 15, 1925

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Article Text

ASK COURT TO END RECEIVERSHIP OF FARMERS BANK Havre, Mont.-The district court is asked to immediately order O. G. Skystead, receiver of the Farmers State bank to sell the assets of that institution and close up the receivership, in a petition filed by the Fidelity and Deposit company of Maryland and the Maryland Casualty company of Baltimore, two of the bank's creditors. Hearing on the petition has been set for May 13. In the petition it is alleged that according to a report of the state examiner assets of the bank are worth approximately $25,772.38 of which sum about $12,000 is in cash. It is claimed that the cast of ad-

8. August 28, 1925 The Box Elder Valley Press Box Elder, MT
Article from The Box Elder Valley Press, August 28, 1925

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Article Text

NO. 11661 SHERIFF'S SALT In the District Court of the Eigh teenth Judicial District of the Stat of Montana, in and for the County of Hill. The Federal Land Bank of Spo B. Harrington, sometimes written Frances B. Harrington, and Francis B. Harrington, being one and the same person, and Harry Harring ton, wife and husband Cottonwood National Farm Loan Association, corporation, 0 G. Skylstead, Receiver of the Farmers State Bank of Havre, Montana, corporation; Havre Commercial Company, corporation and Sarah F. Kuchenski (formerly Sarah F Harrington, the same person as S. Harrington Dafendants. To be sold at Sheriff's Sale on the 21st day of August A. D. 1925 B 10 o'clock M. at the Front Door 01 the Court House, Havre, Montana, in the said County of Hill, the fol lowing property, to-wit: South east quarter of Section fifteen (15) Township Thirty three (33) North, Range Fifteen (15) East of the Montana Principal Meridian Dated this 20th day of July, A D., 1925. R. C. TIMMONS Sheriff of Hill County By E C. Liggett, Under Sheriff Max P. Kuhr. Havre, Mont. Atorney for Hiaintiff July 24-31-Aug.

9. December 4, 1925 The Hill County Sunday Journal Havre, MT
Article from The Hill County Sunday Journal, December 4, 1925

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Article Text

ERSKINE NEW RECEIVER FARMERS STATE BANK C. Erskine was appointed Farmers State bank the ceiver of the the week Judge C. A. Rose first of by to fill the caused by the resvacancy ignation of Skylstead. receiver of Mr. Skylstead had been since its closing. Mr. institution Erskine has his office in the same building that was formerly used as Havre National bank.

10. August 27, 1926 The Producers News Plentywood, MT
Article from The Producers News, August 27, 1926

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Article Text

HAVRE BANK PAYS $20,000.00 DIVIDEND An eight percent dividend, totalling $20,000, has been paid to the creditors of the Farmers State Bank of Havre, according to C. W. Erskine, receiver. This will be the second payment since the institution closed in 1921. It is understood a number of the bank's former depositors are farmers.