12426. Farmers State Bank (Mapes, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1929*
Location
Mapes, North Dakota (48.031, -98.227)

Metadata

Model
gpt-5-mini
Short Digest
b8574a5c

Response Measures

None

Description

Articles (Jan 1929) report dividends being paid to depositors of closed state banks through the state bank receiver, indicating the Farmers State Bank of Mapes had been closed and placed in receivership. No run or depositor panic is described; closure appears to be by state receiver. Dates taken from the newspaper reports (January 1929).

Events (2)
1. January 1, 1929* Suspension
Cause
Government Action
Cause Details
Placed in receivership by the state bank receiver; payments to depositors arranged through receiver.
Newspaper Excerpt
Payment ... to depositors of closed state banks was announced today by the state bank receiver ... The dividends 10 per cent depositors the State Bank, the Farmers State Bank Mapes ...
Source
newspapers
2. January 12, 1929 Receivership
Newspaper Excerpt
Payment ... to depositors of closed state banks was announced today by the state bank receiver ... All will be paid through office W. Conroy, district manager for the receiver Devils Lake ... dividends 10 per cent depositors of the State Bank, the Farmers State Bank Mapes ...
Source
newspapers

Newspaper Articles (2)
1. January 12, 1929 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 12, 1929

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Article Text

DIVIDENDS FOR OF FOUR N. D. BANKS Bismarck, Jan. Payment four dividends to deposiof closed state banks was announced today by the state bank receiver closed banks here. All be paid through office W. Conroy, district manager for the receiver Devils The dividends 10 per cent depositors the State Bank, the Farmers State Bank Mapes, the Farmers State Bank of Emerado, and the Karnak State Bank.

2. January 14, 1929 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 14, 1929

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Article Text

DIVIDENDS FOR OF FOUR N. D. BANKS Bismarck, Payment four to deposiclosed state ced today by the state bank closed banks here. All will be paid through office W. Conroy, district manager for the receiver Devils Lake The dividends 10 per cent depositors of the State Bank, the Farmers State Bank Mapes, the Farmers Bank of Emerado, and the Karnak State Bank