Baker State Bank - Baker, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 3, 1929
Location: Baker, Montana (46.367, -104.285)

Metadata

Model: gpt-5-mini
Short Digest: 0d8c3d793803ed47

Response Measures

None

Description

Article (The Billings Gazette, 1929-04-03) states the Baker State Bank is in receivership (L. E. Rushton, receiver) and is mailing out a dividend. No mention of a depositor run; receiver indicates the bank had been closed/placed in receivership and is being wound up, so classified as suspension leading to closure.

Events (1)

1. April 3, 1929 Receivership

Newspaper Excerpt: A dividend of per cent paid by the Baker State bank is now being mailed out to certificate holders by L. E. Rushton receiver. This dividend brings the total amount to 82 per cent and another payment ... before the receivership is ended later in the year.
Source: newspapers

Newspaper Articles (1)

1. April 3, 1929 The Billings Gazette Billings, MT

Article from The Billings Gazette, April 3, 1929

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Article Text

Yellowstone County's Infectious Diseases For March Totals 18 With only 18 disease cases reported for March in Yellowstone county the month's shows an unusual amount of good health among county citizens The report was for publication Tuesday by Dr. Eri M. Farr county health officer Scarlet fever topped the list of diseases with five cases while chicken pox was three diphtheria two mumps two measles one and whooping cough one Other diseases were four In quarantining cases and following rumors of infectious diseases 29 investigations were made during the month FARMERS NION FORMED Sidney April Special) The farm. ers of this community met Monday and organized the Farmers union with the tentative plan of immediately embarking into the retail distribution of oil. After organizing the following were elected: For term John Peterson of Crane and Ernest or Sidney For the two-year term Ralph Blair of Mount Pleasant and Joe Brock way of Fairview and for the one-year term E. A. Watts of Fairview BAKER BANK PAYS Baker. April dividend of per cent paid by the Baker State bank is now being mailed out to certificate holders by L. E. Rushton receiver This dividend brings the total amount to 82 per cent and another payment which will bring the total to between 85 and 90 per cent is expected to be made before the receivership is ended later in the year