Markville State Bank - Markville, MN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 31, 1931
Location: Markville, Minnesota (46.092, -92.331)

Metadata

Model: gpt-5-mini
Short Digest: 7fa8adff

Response Measures

None

Description

Article (Dec 31, 1931) states the Markville State Bank is closed and mentions a receiver collecting funds for a preferential claim. No mention of a run or reopening; cause of suspension/closure not provided in the text.

Events (2)

1. December 31, 1931 Receivership

Newspaper Excerpt: RECEIVER GETS $529 FROM CLOSED MARKVILLE BANK Michael B. Hurley, receiver for the Markville Co-Operative Association ... received $529 ... from the closed Markville State Bank. The money was in that institution on special deposit.
Source: newspapers

2. * Suspension

Cause Details: Article states the bank was closed but gives no reason or trigger for the suspension/closure.
Newspaper Excerpt: closed Markville State Bank
Source: newspapers

Newspaper Articles (1)

1. December 31, 1931 Askov American Askov, MN

Article from Askov American, December 31, 1931

Click image to open full size in new tab

Article Text

RECEIVER GETS $529 FROM CLOSED MARKVILLE BANK Michael B. Hurley, receiver for the Markville Co-Operative Association a defunct general merchandise store at Markville, received a ruling from the Minnesota supreme court recently which entitled him to receive $529 in favor of his client as a preferred claim from the closed Markville State Bank. The money was in that institution on special deposit.