Bank of Rugby (Rugby, ND)

Episode Information

Episode Type
Suspension → Closure
Start Date
June 30, 1911
Location
Rugby, North Dakota (48.369, -99.996)
Bank Type
state

Metadata

Episode ID
Bank ID
City ID
381031031
Model
gpt-5-mini
Short Digest

Notes

Articles refer to the banks of Rugby being in receivership but do not name the specific bank.

Events (1)
1. June 30, 1911 Receivership
Newspaper Excerpt
the receivers of the banks of Rugby and Barton will bring suit against former treasurer Peterson to recover $4,700
Source
newspapers

Newspaper Articles (2)
1. June 30, 1911 The Fargo Forum and Daily Republican Fargo, ND
Article from The Fargo Forum and Daily Republican, June 30, 1911

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Article Text

PETERSON TO BE SUED BY BANKS Rugby, N. D., June 30.-It is stated here that the receivers of the banks of Rugby and Barton. will bring suit against Former Treasurer Peterson to recover $4,700 which he is alleged to have received from Andy Jones. In the report of the legislative investigating committee, made public yesterday, the committee stated that Peterson received a bonus of $4,700 for allowing excess vouchers to remain in the Rugby and Barton banks. It is this sum that the receivers hope to recover.

2. July 1, 1911 Bismarck Daily Tribune Bismarck, ND
Article from Bismarck Daily Tribune, July 1, 1911

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Article Text

PETERSON TO BE SUED BY BANKS? RUGBY, N. D., July 1-It is stated here that the receivers of the banks of Rugby and Barton will bring suit against former treasurer Peterson to recover $4,700 which he is alleged to have received from Andy Jones. In the report of the legislative investigating committee, made public yesterday, the committee stated that Peterson received a bonus of $4,700 for allowing excess vouchers to remain in the Rugby and Barton banks. It is this sum that the receivers hope to recover.