Articles (dated 1926-01-09) report the Farmers State Bank of Noonan is in the hands of a state receiver and that checks (a first dividend) are being sent to creditors. No mention of a depositor run or reopening; bank is in receivership (closure).
Events (2)
1.January 9, 1926Receivership
Newspaper Excerpt
are being through the office district for the ceiver... Baird, receiver, said. This first dividend to paid to bank and totals about ... Checks for 30 of the liabilities the Farmers State bank of Noonan are being the bank receivers of are being made through the office ... manager for the receiver ... This the first to paid to of the Noonan bank and totals about ... Checks for cent of the bilities Farmers State Bank Noonan were being sent out creditors today the state receiver's office. are being through the office district for the ceiver Burlington, all inquiries be addressed him, Baird, receiver, said. This first dividend to paid to bank and totals about be paid later Baird
Source
newspapers
2.January 9, 1926Suspension
Cause
Government Action
Cause Details
Bank placed in the hands of a state receiver; state receiver administering dividends to creditors.
Newspaper Excerpt
Checks for ... the Farmers State Bank Noonan were being sent out creditors today the state receiver's office.
Noonan Bank Creditors Are Receiving Checks
N. Checks for 30 of the liabilities the Farmers State bank of Noonare being the bank receivers of are being made through the office J. manager for the receiver at concerning should be L. said. This the first to paid to of the Noonan bank and totals about
2.January 9, 1926The Bismarck TribuneBismarck, ND
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Article Text
of Noonan Bank to Get Dividends
Checks for cent of the bilities Farmers State Bank Noonan were being sent out creditors today the state receiver's office. are being through the office district for the ceiver Burlington, all inquiries be addressed him, Baird, receiver, said. This first dividend to paid to bank and totals about be paid later Baird
Sand Hutton, Workshire, has three railroad and four trains