Timmer State Bank - Timmer, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 29, 1926
Location: Timmer, North Dakota (46.371, -101.018)

Metadata

Model: gpt-5-mini
Short Digest: 27753c1a

Response Measures

None

Description

Article (Bismarck Tribune, 1926-01-29) reports Timmer State Bank as one of Four Closed Banks and that a 10% dividend to depositors has just been paid through the district manager and L. R. Baird, receiver of closed banks. This indicates the bank was closed and in receivership (no run is mentioned).

Events (3)

1. January 29, 1926 Other

Newspaper Excerpt: Payment of a 10 per cent dividend to the depositors of the Timmer State bank ... has just been made through E. S. De Laney, district manager, of Bismarck.
Source: newspapers

2. January 29, 1926 Receivership

Newspaper Excerpt: Payment of a 10 per cent dividend to the depositors of the Timmer State bank at Timmer has just been made ... according to an announcement made today by L. R. Baird, receiver of closed banks.
Source: newspapers

3. * Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership (receiver L. R. Baird handling payments).
Newspaper Excerpt: Four Closed Banks... the Timmer State bank at Timmer has just been made... according to an announcement made today by L. R. Baird, receiver of closed banks.
Source: newspapers

Newspaper Articles (1)

1. January 29, 1926 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 29, 1926

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Article Text

Four Closed Banks Paying Dividends Payment of a 10 per cent dividend to the depositors of the Timmer State bank at Timmer has just been made through E. S. De Laney, district manager, of Bismarck, according to an announcement made today by L. R. Baird, receiver of closed banks. Payment of a 10 per cent dividend