Security State Bank (Wolf Point, MT)

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e. SECURITY STATE S. t, 1, BANK SUSPENDS S y y CAUSE, DEPLETED RESERVEOFFICIALS DECLARE ALL DEPOSITS SAFE 1 Friday morning, Dec. 7, the Secura ity State Bank did not open its doors I for business, A notice posted on the 1 door said "This bank closed. DeS pleted reserve." The closing was through the voluntary action of the board of directors and the State banking department was notified. Deputy M. T. Masselt, from the state examiner's office, is now in charge. Switzer's Statement Vice-president J. B. Sitzwer, the officer in direct charge of the bank, was interviewed concerning the condition of the bank and the plans for handling its affairs in the present emergency. He stated emphatically that the affairs of the bank were in good shape and that the assets could easily take care of the deposits. He stated that the bank owes the Federal Reserve about $10,000 and that half of the amount is in sight and he did not contemplate much difficulty in raising the other $5,000. The bank's trouble came about through the Federad Reserve, when the Reserve bank charged off several thousand dollars of the Security State's paper and took the amount out of the bank's cash reserve, which W put the reserve below the requirement. Depositors Not to Lose p Mr. Switzer stated that after the tl Federal Reserve bank's account had C bee nbalanced the future of the Security Bank would be largely in the of hands of the depositors. He was re anxious, he said, for the adoption of th the plan that would cause the least ag expense. Whether the bank resumes or goes into liquidation will be largely determined by the wish of the depositors. He wishes to give assurance that the bank's assets are in such shape that depositors can be raid in full. and that no one will lose except through the inconvenience of the suspension. At the time of the suspension the bank's loans N were $143,000 and its deposits $127,000. County Funds Safe The funds of Roosevelt County, deposited in the bank, are absolutely th safe. They are fully protected by sp personal bonds and County Treas- ea urer Kellogg is holding warrants for of ve almost the amount on deposit as adtal ditional collateral. Cd

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2 BANKS GO FLOOEY IN ROOSEVELT COUNTY LAST WEEK

The Security State Bank of Wolf Point and the First National Bank of Poplar were two Roosevelt county banks which closed their doors during the last two weeks. The cause is attributed to the impending financial debacle brought on by the deflation policy of the Federal Reserve Bank.

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SWITZER IS RECEIVER SECURITY STATE BANK The appointment of a receiver for the Security State Bank of this city which suspended business December 7, 1923, through action of the directors, was before Judge Comer of the district court this week. Information is received this afternoon that the court has named J. B. Switzer, former president of the bank, for the receivership. A large majority of the depositors had signed a petition asking the appointment of Mr. Switzer, and the court. it is stated, took the position that he could not refuse their request in the case of a bank in the good condition of this one. J. H. Coffey and a Glasgow man were also considered for the position. A number of those interested in the bank, or the appointment, and several attorneys were present at the very interesting hearing.

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OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. PRISCILLA RAND HOWE, Plaintiff.

vs.

STEVE J. McALEER, AND MARIE MCALEER, husband and wife, ENGEL J. TWETE, a single man, W. E. McGARRY, C. D. ALDERMAN AND J. B. SWITZER, Receiver of THE SECURITY STATE BANK OF WOLF POINT, a corporation, Defendants

THE STATE OF MONTANA SENDS GREETINGS TO THE ABOVE NAMED DEFENDANTS:

You are hereby summoned to answer the complaint in this action which is filed in the office of the Clerk of this Court, a copy of which is herewith served upon you. and to file your answer and serve a copy thereof upon the plaintiff's attorney within twenty days after the service of this Summons, exclusive of the day of service and in case of your failure to appear or answer, Judgment will be taken against you, by default, for the relief demanded in the complaint.

This action is brought to obtain a decree of this court for the foreclosure of that certain mortgage made, executed and delivered by the defendants, Steve J. McAleer and Marie McAleer, on the 2nd day of August 1920 to The Security State Bank of Wolf Point, and later assigned to the above named plaintiff, upon the following described land: North Half of the Northeast Quarter, the North Half of the Northwest Quarter of Section Twenty-six; East Half of the Northeast Quarter and the East Half of the Southeast Quarter of Section Twenty-seven in Township Twenty-four North of Range Fortysix East, McCone County, Montana, to secure the payment of a certain promissory note of even date therewith in the sum of $1000.00 with interest and which note and mortgage by assignment and endorsement, are now owned and held by the plaintiff; and to recover by said decree the amount due the plaintiff under said mortgage together with the taxes, costs and disbursements incurred herein, including a reasonable attorney fee, and to foreclose all right, title, estate

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Legal Notices

NOTICE OF SHERIFF'S SALE In the District Court for the Twentieth Judicial District for the State of Montana, in and for the County of Roosevelt.

J. B. Switzer, as Receiver of the Security State Bank of Wolf Point, Montana, (a corporation), Plaintiff vs. Walter Reichert, Jemima Reichert and The Commercial State Bank of Carrington, North Dakota, (a corporation), Defendants

To be sold at Sheriff's Sale on the 14th day of June, 1924, at the hour of two o'clock P. M., of said day, at the front door of the CourtHouse at Poplar, Roosevelt County, Montana, the following described real estate, situated in Roosevelt county, Montana,—

The north half (N½) of Section Eighteen (18), Township Thirty-one (31) North of Range Forty-six (46) East Montana Meridian, containing 320 acres more or less, according to the Government Survey thereof, together with all the tenements, hereditaments and appurtenances thereunto belonging or in any wise appertaining.

Dated this 17th day of May, 1924. J. H. ANDERSON, Sheriff, By Chas. Council, Under Sheriff. H. A. Schoening Wolf Point, Montana. Plaintiff's Attorney 14-15-16-17

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NOTICE OF SHERIFF'S SALE

IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. PRISCILLA RAND HOWE, Plaintiff,

vs. STEVE J. McALEER, and MARIE MCALEER, husband and wife, ENGEL J. TWETE, a single man, W. E. McGARRY, C. D. ALDERMAN, and J. B. SWITZER, Receiver of THE SECURITY STATE BANK, of WOLF POINT, a corporation, Defendants.

TO BE SOLD AT SHERIFF'S SALE, at the front door of the Court House in the town of Circle, McCone County, Montana, on the 4th day of September, 1924, at 2 o'clock P. M., of said day, all the right, title and interest of the above named defen- dants in and to the following de- scribed real property situated in McCone County, Montana, to-wit: The North Half (N½) of the Northeast Quarter (NE¼), The North Half of the Northwest Quarter (N½NW¼) of Section Twenty-six (26), and the East Half (E½) of the Northeast Quarter (NE¼), and the East Half (E½) of the Southeast Quarter (SE¼) of Section Twen- ty-seven (27) Township Twenty- four (24), North of Range Forty- six (46) East, Montana Meridian. Dated at Circle, Montana, this 4th day of August, 1924.

FLOYD DAVIS, Sheriff of. McCone County, Montana. By Otto A. King, Under Sheriff.. W. C. HUSBAND, Attorney for Plaintiff, Harlowton, Montana. First publication August 8th, 1924.

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NOTICE OF SHERIFF'S SALE

IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. PRISCILLA RAND HOWE, Plaintiff,

vs.

STEVE J. McALEER, and MARIE MCALEER, husband and wife, ENGEL J. TWETE, a single man, W. E. MCGARRY, C. D. ALDERMAN, and J. B. SWITZER, Receiver of THE SECURITY STATE BANK, of WOLF POINT, a corporation, Defendants.

TO BE SOLD AT SHERIFF'S SALE, at the front door of the Court House in the town of Circle, McCone County, Montana, on the 4th day of September, 1924, at 2 o'clock P. M., of said day, all the right, title and interest of the above named defendants in and to the following described real property situated in McCone County, Montana, to-wit: The North Half (N½) of the Northeast Quarter (NE¼), The North Half of the Northwest Quarter (N½NW¼) of Section Twenty-six (26), and the East Half (E½) of the Northeast Quarter (NE¼), and the East Half (E½) of the Southeast Quarter (SE¼) of Section Twenty-seven (27) Township Twenty-four (24), North of Range Forty-six (46) East, Montana Meridian. Dated at Circle, Montana, this 4th day of August, 1924.

FLOYD DAVIS, Sheriff of. McCone County, Montana. By Otto A. King, Under Sheriff..

W. C. HUSBAND, Attorney for Plaintiff, Harlowton, Montana. First publication August 8th, 1924.

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NOTICE OF SHERIFF SALE

In the District Court of the Twen- tieth Judicial District of the State of Montana, in and for the County of Roosevelt. H. C. Skarie, as Receiver of the Security State Bank of Wolf Point, Montana, a corporation, Plaintiff,

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Dated June 3rd, 1925. GEORGE H. FLINT, Administrator of the Estate of Clarence B. Hall, deceased. Marron & Foor, Attorneys for the Estate, Wolf Point, Montana. 16-4

NOTICE OF SHERIFF SALE

In the District Court of the Twentieth Judicial District of the State of Montana, in and for the County of Roosevelt. H. C. Skarie, as Receiver of the Security State Bank of Wolf Point, Montana, a corporation, Plaintiff,

vs.

Cyrus Johnson and Emma M. Johnson, Husband and wife, Defendants. To be sold at Sheriff's Sale on Saturday, the 26th day of June, A. D. 1926, at two o'clock p. m., of said day, in front of the Roosevelt County Court House in the City of Wolf Point, Roosevelt County, Montana, the following described premises situated in the City of Wolf Point, Roosevelt County, Montana, and particularly described as follows: The East Thirty-five (35) Feet of Lot Fifteen (15) in Block Seven (7) of the Original Townsite of Wolf Point, Montana, together with all tenements, hereditaments and appurtenances thereunto belonging or appertaining, or so much thereof as may be necessary to satisfy a judgment in the above entitled action, together with interest and cost of sale.

Dated at Wolf Point, Montana, this 26th day of May, 1926.

J. H. ANDERSON, Sheriff of Roosevelt County, Montana. By Chas. Council, Under Sheriff. 16-4t

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LEGAL NOTICES

NOTICE OF APPLICATION FOR TAX DEED

To Ida Muller, The Security State Bank of Wolf Point, a corporation, H. C. Skarie, Receiver of the Security State Bank of Wolf Point, a corporation, Bankers Mortgage and Cattle Loan Co., a corporation, Union Mortgage Loan Co., a corporation, Federal Reserve Bank of Minneapolis, a corporation, Edgar Erickson: You and each of you will please take notice that on the 21st day of January, 1921, the following described premises, to-wit: S.E. ¼ S. ½ S.W. ¼ Section 33, Twp. 29 N. R. 47, E. M. M., were sold to Roosevelt county, Montana, for the 1921 taxes, levied and assessed against the said land, amounting to the sum of $241.04, on the day of sale; and on the 12th day of September, 1924 the undersigned, of Wilmington, Deleware paid the said taxes for the year 1921, on said premises, and received from Roosevelt county, Montana, an assignment of tax sale certificate; that subsequent to said 12th day of September, 1924, to-wit, on the 25th day of October, 1927, said undersigned, this applicant, paid the taxes on said land for the years 1922, 1923, 1924, 1925, 1926, and 1927, amounting to the sum of $526.77, and that on the 25th day of October, 1927, the undersigned will apply to the county treasurer of Roosevelt county, Montana for a tax deed to the said premises.

Dated: October 25, 1927. ANNA ALMORAS Applicant

J. K. Bramble, Attorney for Applicant Havre, Montana 37-2t

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NOTICE OF APPLICATION FOR TAX DEED

To Ida Muller, The Security State Bank of Wolf Point, a corporation, H. C. Skarie, Receiver of the Security State Bank of Wolf Point, a corporation, Bankers Mortgage and Cattle Loan Co., a corporation, Union Mortgage Loan Co., a corporation, Federal Reserve Bank of Minneapolis, a corporation, Edgar Erickson: You and each of you will please take notice that on the 21st day of January, 1921, the following described premises, to-wit: S.E. ¼ S. ½ S.W. ¼ Section 33, Twp. 29 N. R. 47, E. M. M., were sold to Roosevelt county, Montana for the 1921 taxes, levied and assessed against the said land, amounting to the sum of $241.04, on the day of sale; and on the 12th day of September, 1924 the undersigned, of Wilmington, Deleware paid the said taxes for the year 1921, on said premises, and received from Roosevelt county, Montana, an assignment of tax sale certificate; that subsequent to said 12th day of September, 1924, to-wit, on the 25th day of October, 1927, said undersigned, this applicant, paid the taxes on said land for the years 1922, 1923, 1924, 1925, 1926, and 1927, amounting to the sum of $526.77, and that on the 25th day of October, 1927, the undersigned will apply to the county treasurer of Roosevelt county, Montana for a tax deed to the said premises.

Dated: October 25, 1927.

ANNA ALMORAS Applicant

J. K. Bramble, Attorney for Applicant Havre, Montana

37-2t

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NOTICE OF APPLICATION FOR TAX DEED

To Ida Muller, The Security State Bank of Wolf Point, a corporation, H. C. Skarie, Receiver of the Security State Bank of Wolf Point, a corporation, Bankers Mortgage and Cattle Loan Co., a corporation, Union Mortgage Loan Co., a corporation, Federal Reserve Bank of Minneapolis, a corporation, Edgar Erickson:

You and each of you will please take notice that on the 21st day of January, 1922, the following described premises, to-wit: SE¼, S½ SW¼ Section 33, Twp. 29 N.R. 47 E.M.M., were sold to Roosevelt County, Montana, for the 1921 taxes, levied and assessed against the said land, amounting to the sum of $174.67, on the day of sale; and on the 12th day of September, 1924, the undersigned, of Wilmington, Deleware paid the said taxes for the year 1921, on said premises, and received from Roosevelt County, Montana, an assignment of tax sale certificate; that subsequent to said 12th day of September, 1924, to wit, on the 14th day of September, 1927, said undersigned, this applicant, paid the taxes on said land for the years 1922, 1923, 1924, 1925, 1926, and 1927, amounting to the sum of $526.77; and that on the 26th day of December, 1927, the undersigned will apply to the county treasurer of Roosevelt county, Montana, for a tax deed to the said premises.

Dated November 9, 1927. ANNA ALMARAS, Applicant

J. K. BRAMBLE, Attorney for Applicant Havre, Montana 40-2t

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NOTICE OF APPLICATION FOR TAX DEED

To Ida Muller, The Security State Bank of Wolf Point, a corporation, H. C. Skarie, Receiver of the Security State Bank of Wolf Point, a corporation, Bankers Mortgage and Cattle Loan Co., a corporation, Union Mortgage Loan Co., a corporation, Federal Reserve Bank of Minneapolis, a corporation, Edgar Erickson:

You and each of you will please take notice that on the 21st day of January, 1922, the following described premises, to-wit: SE¼, S½ SW¼ Section 33, Twp. 29 N.R. 47 E.M.M., were sold to Roosevelt County, Montana, for the 1921 taxes, levied and assessed against the said land, amounting to the sum of $174.67, on the day of sale; and on the 12th day of September, 1924, the undersigned, of Wilmington, Deleware paid the said taxes for the year 1921, on said premises, and received from Roosevelt County, Montana, an assignment of tax sale certificate; that subsequent to said 12th day of September, 1924, to wit, on the 14th day of September, 1927, said undersigned, this applicant, paid the taxes on said land for the years 1922, 1923, 1924, 1925, 1926, and 1927, amounting to the sum of $526.77; and that on the 26th day of December, 1927, the undersigned will apply to the county treasurer of Roosevelt county, Montana, for a tax deed to the said premises.

Dated November 9, 1927. ANNA ALMARAS, Applicant

J. K. BRAMBLE, Attorney for Applicant Havre, Montana 40-2t