9901. National Bank (Anaconda, MT)

View Charter #12542 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
12542
Charter Number
12542
Start Date
May 10, 1934
Location
Anaconda, Montana (46.129, -112.942)

Metadata

Model
gpt-5-mini
Short Digest
6cff956be808eb0b

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-12-05
Date receivership terminated
1940-01-25
Share of assets assessed as good
36.5%
Share of assets assessed as doubtful
41.7%
Share of assets assessed as worthless
21.8%

Description

Articles show the National Bank of Anaconda was in receivership (Edgar Andrieux as receiver), paying dividends in 1934 and a final dividend in 1938, and receiver-initiated sheriff's sales in 1939. There is no mention of a depositor run; the bank appears to have been closed and in liquidation under a receiver, so classified as a suspension followed by closure (receivership). Dates given reflect newspaper publication dates that report the receivership and dividends.

Events (5)
1. May 24, 1924 Chartered
Source
historical_nic
2. December 5, 1933 Receivership
Source
historical_nic
3. May 10, 1934 Receivership
Newspaper Excerpt
Anaconda, May 10-(UP)-Depositors of the National Bank of Anaconda will receive a 43 per cent dividend, it was disclosed here through the bank's receiver, Edgar Andrieux.
Source
newspapers
4. September 24, 1938 Other
Newspaper Excerpt
Edgar Andrieux, receiver of the National Bank of Anaconda, announces the fourth and final dividend of four percent, making a total of 100 percent paid upon the claims of depositors of this bank.
Source
newspapers
5. March 16, 1939 Other
Newspaper Excerpt
EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff ... To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939...
Source
newspapers

Newspaper Articles (7)
1. July 7, 1928 The Billings Gazette Billings, MT
Article from The Billings Gazette, July 7, 1928

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Article Text

Suit Against Bank Receiver Is Heard The case of the National Bank of Anaagainst J. Henry Nibbe as receiver for Yegen bankers was tried in district court before Judge O. God. dard Tuesday afternoon. Testimony of both plaintiff and defendant witnesses for the was taken under was taken and case the The sale of advisement by local business property by the piece of claims the plaintiff receiver and the were based on promissory volved. of John W. Tolman against The cases M. T. Polich and of Finnegan against F. John W. Swanson were dismissed and M. son prejudice to the plaintiff settled with of counsel for the pracipe

2. May 11, 1934 The Harlem News Harlem, MT
Article from The Harlem News, May 11, 1934

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Article Text

ANACONDANS GET DIVIDEND Anaconda, May 10-(UP)-Depositors of the National Bank of Anaconda will woon receive a 43 per cent dividend, it was disclosed here through the bank's receiver, Edgar Andrieux. The checks have been made out and sent to the comptroller of currency at Washington for signature and upon return here will be distributed. New Tally cards-Floral designs. Just the thing for the season's parties. 10c -Adv. per dozen at The News.

3. September 24, 1938 Montana Oil and Mining Journal Great Falls, Billings, MT
Article from Montana Oil and Mining Journal, September 24, 1938

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Article Text

ANACONDA-Edgar Andrieux, receiver of the National Bank of Anaconda, announces the fourth and final dividend of four percent, making a total of 100 percent paid upon the claims of depositors of this bank. Checks for the remittance have been sent to Washington, D. C., for auditing, and upon their return they will be handed over to all who have filed claims.

4. March 16, 1939 Montana Labor News Butte, MT
Article from Montana Labor News, March 16, 1939

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Article Text

# LEGAL NOTICES No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.-4T.

5. March 23, 1939 Montana Labor News Butte, MT
Article from Montana Labor News, March 23, 1939

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Article Text

LEGAL NOTICES No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.-4T.

6. March 30, 1939 Montana Labor News Butte, MT
Article from Montana Labor News, March 30, 1939

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Article Text

No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.4T.

7. April 6, 1939 Montana Labor News Butte, MT
Article from Montana Labor News, April 6, 1939

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Article Text

No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.4T.