Farmers & Merchants Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 1, 1927*
Location: Manitou, North Dakota (48.331, -102.637)

Metadata

Model: gpt-5-mini
Short Digest: 0d747634

Response Measures

None

Description

Article (Sep 22, 1927) states the bank was closed in July 1927 and placed under the jurisdiction of the district receiver. No run is reported; the bank is closed and a receiver is assigned. OCR corrected Maniton/Maintou to Manitou (Mountrail County).

Events (2)

1. July 1, 1927* Receivership

Newspaper Excerpt: ...has been under the jurisdiction of Mr. Reeve's office. ... former president of the bank and now in the employment of Mr. Reeve.
Source: newspapers

2. July 1, 1927* Suspension

Cause: Government Action
Cause Details: Bank was closed and placed under the jurisdiction of the district receiver (receiver-appointed closing).
Newspaper Excerpt: The bank was closed last July, Mr. Reeve said ... and since that time has been under the jurisdiction of Mr. Reeve's office.
Source: newspapers

Newspaper Articles (1)

1. September 22, 1927 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, September 22, 1927

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Article Text

ROBBERS BLOW OPEN SAFE OF CLOSED BANK Either Unaware That Maniton Bank Was Closed, or Were Seeking Experience Minot, N. D., Sept. 22.-(A)) Yeggs who blew open a safe in the closed Farmers and Merchants bank at Manitou, in Mountrail county, either were unaware of the fact that the institution was closed, or were seeking experience in using explosives, in the belief of J. P. Reeve, district receiver of closed banks with headquarters at Burlington. The bank was closed last July, Mr. Reeve said in Minot today, and since that time has been under the jurisdiction of Mr. Reeve's office. All the yeggs got was old records of the bank, according to the district receiver, who was informed of the robbery by B. W. Taylor of Stanley, former president of the bank and now in the employment of Mr. Reeve. In addition to the attempted bank burglary the cracksmen also stole an automobile from a garage in Maintou it is reported.