East Helena State Bank (East Helena, MT)

Episode Information

Episode Type
Suspension → Closure
Start Date
January 25, 1935
Location
East Helena, Montana (46.590, -111.916)
Bank Type
state
Routing Number
93-0380

Metadata

Episode ID
Bank ID
City ID
300800739
Model
gpt-5-mini
Short Digest

Notes

Articles refer to a liquidating agent and court-approved compromises, indicating the bank is in liquidation with a receiver.

Events (1)
1. January 25, 1935 Receivership
Newspaper Excerpt
hearing in district court on the petition of S. L. Kleve, liquidating agent.
Source
newspapers

Newspaper Articles (3)
1. January 25, 1935 The Independent-Record Helena, MT

Article Text

COMPROMISE ORDERS SIGNED BY PADBURY FOR BANK RECEIVER

Three claims against stockholders and borrowers of the East Helena State bank were settled when compromise offers were approved yesterday by Judge George W. Padbury, Jr., after a hearing in district court on the petition of S. L. Kleve, liquidating agent.

S. J. Maronich settled a $1,000 stockholder liability claim upon which $425 had been paid by paying $400 for the balance due. N. Maronich, who had a $2,000 liability upon which he had paid $625, settled the remaining $1,375 for $1,000.

A note given the bank by Matt Solich for $150 was settled by a compromise offer of payment of $120 representing the borrower's balance on deposit at the bank. It was stated that compromise settlements netted the liquidating agent more than would result from suits for the full amounts.

2. January 25, 1935 The Independent-Record Helena, MT

Article Text

Three claims against stockholders and borrowers of the East Helena State bank were settled when compromise offers were approved yesterday by Judge George W. Padbury, Jr., after a hearing in district court on the petition of S. L. Kleve, liquidating agent.

S. J. Maronich settled a $1,000 stockholder liability claim upon which $425 had been paid by paying $400 for the balance due. N. Maronich, who had a $2,000 liability upon which he had paid $625, settled the remaining $1,375 for $1,000.

3. January 25, 1935 The Independent-Record Helena, MT

Article Text

Three claims against stockholders and borrowers of the East Helena State bank were settled when compromise offers were approved yesterday by Judge George W. Padbury, Jr., after a hearing in district court on the petition of S. L. Kleve, liquidating agent.

S. J. Maronich settled a $1,000 stockholder liability claim upon which $425 had been paid by paying $400 for the balance due. N. Maronich, who had a $2,000 liability upon which he had paid $625, settled the remaining $1,375 for $1,000.

A note given the bank by Matt Solich for $150 was settled by a compromise offer of payment of $120 representing the borrower's balance on deposit at the bank. It was stated that compromise settlements netted the liquidating agent more than would result from suits for the full amounts.