9503. First State Bank (Bowlus, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
*
Location
Bowlus, Minnesota (45.819, -94.409)

Metadata

Model
gpt-5-mini
Short Digest
888a47c0

Response Measures

None

Description

Articles (duplicate) state the First State Bank of Bowlus is defunct and a receiver (Attorney Rosenmeier) has been appointed; final dividend announced. No mention of a depositor run. Therefore this is a suspension leading to permanent closure/receivership.

Events (3)
1. * Other
Newspaper Excerpt
The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.
Source
newspapers
2. * Receivership
Newspaper Excerpt
Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid.
Source
newspapers
3. * Suspension
Cause Details
Bank has become defunct and placed in receivership (insolvency/closure); article does not describe a run or specific cause leading to suspension.
Newspaper Excerpt
Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus
Source
newspapers

Newspaper Articles (2)
1. April 24, 1914 Little Falls Herald Little Falls, MN
Article from Little Falls Herald, April 24, 1914

Click image to open full size in new tab

Article Text

WILL PAY FINAL DIVIDEND Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid. The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.

2. April 24, 1914 Little Falls Herald Little Falls, MN
Article from Little Falls Herald, April 24, 1914

Click image to open full size in new tab

Article Text

WILL PAY FINAL DIVIDEND Attorney Rosenmeier, receiver for the defunct First State Bank of Bowlus, has announced a final dividend of 10 per cent to the creditors, the payment of which will make a total of 85 per cent paid. The receiver has filed his final account in the matter and it will come up for hearing in this city before Judge Roeser on Tuesday, April 28.