Newspaper articles (Jan 18, 1930) report the State Bank of Abercrombie as a closed bank with the state receiver paying dividends to depositors. No run or reopening is described; receiver administering dividends indicates permanent closure/receivership.
Events (1)
1.January 18, 1930Receivership
Newspaper Excerpt
Closed Bank Receiver Announces Dividends ... Ten per cent dividends were paid to depositors of the State bank of Abercrombie ... Payments were made by O. Engen, district manager for the receiver at Fargo.
Closed Bank Receiver Announces Dividends
-Payment of dividends to depositors in three closed North Dakota banks was announced today by the state bank receiver Ten per cent dividends were paid to depositors of the State bank of Abercrombie and the Luvern State bank. and 20 per cent on the State bank of Page All payments were made by O. Engen, district manager for the receiver at Fargo.
2.January 18, 1930The ForumFargo, ND
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Article Text
Depositors of Three Banks Get Payments closed North banks today the state receiver. Ten dividends paid to of the State Bank Abercrombie and the Luthe ments district manager for the receiver at Fargo.
