9933. Stockmens State Bank (Browning, MT)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
February 20, 1922
Location
Browning, Montana (48.557, -113.013)

Metadata

Model
gpt-5-mini
Short Digest
cb8e202a39ed4257

Response Measures

None

Description

Articles state the Stockmen's State Bank of Browning was closed and a receiver (W. Hilger) was appointed Feb 20, 1922 after reorganization plans were found impracticable. No run is mentioned; the bank remained in receivership (closure) as of later 1922 when the receiver was being reassigned/consolidated with another bank's receivership.

Events (3)

1. February 20, 1922 Receivership
Newspaper Excerpt
Hilger Appointed Receiver of Closed Bank at Browning ... Judge Greene appointed W. Hilger as receiver ... Mr. Hilger has been in charge of the bank's affairs, under the direction of the state superintendent of banks for several months.
Source
newspapers
2. February 20, 1922 Suspension
Cause
Government Action
Cause Details
Directors found reorganization impracticable and asked for appointment of a receiver; judge appointed receiver.
Newspaper Excerpt
The plans for reorganization of the Stockmen's State Bank of Browning have been found impracticable by the directors who decided to ask for the appointment of a receiver some time ago.
Source
newspapers
3. November 1, 1922 Other
Newspaper Excerpt
D. J. Hilger, who is now receiver for the Stockmen's State bank at Browning will probably be appointed to take charge here, the two banks to be consolidated thus eliminating the expense of one receiver.
Source
newspapers

Newspaper Articles (2)

Article from Great Falls Tribune, February 21, 1922

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Article Text

Hilger Appointed Receiver of Closed Bank at Browning Special to The Tribune. Browning, Feb. 20.-The plans for reorganization of the Stockmen's State Bank of Browning have been found impracticable by the directors who decided to ask for the appointment of a receiver some time ago. While setting his spring docket at Cut Bank, this week, Judge Greene appointed W. Hilger as receiver and Verne E. Robinson of Cut Bank as attorney for the bank. Mr. Hilger has been in charge of the bank's affairs, under the direction of the state superintendent of banks for several months.


Article from Great Falls Tribune, November 1, 1922

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Article Text

Receiver Quits Job To Take Post With War Finance Board Special to The Tribune. Cut Bank, Oct. 31.-H. A. Norman, receiver of the Farmers State bank here. has resigned to accept a position with the war finance corporation at Minneapolis. He will report for his new post November 6th. D. J. Hilger, who is now receiver for the Stockmen's State bank at Browning will probably be appointed to take charge here, the two banks to be consolidated thus eliminating the expense of one receiver. Judge Greene, who is now holding court at Cut Bank, will undoubtedly confirm the change.