Brotherhood Labor Bank (Whitefish, MT)

Episode Information

Episode UID
364938191527
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
36493819 hash
Start Date
March 8, 1927
Location
Whitefish, Montana (48.411, -114.338)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
bcd8e00fbc76ea8e

Response Measures

None

Description

No contemporary account of a depositor run was found; multiple items show the bank was defunct and in receivership.

Events (3)

1. March 8, 1927 Suspension
Cause Details
Bank already closed and in receivership by this date; receiver pursuing claims against city and others.
Newspaper Excerpt
Closed Bank Wants Money Request for payment of principal several city warrants and interest ... was made by Oscar W. Dwyer receiver of the Brotherhood Labor Bank
Source
newspapers
2. April 24, 1929 Receivership
Newspaper Excerpt
APPOINTED RECEIVER ... J. D. Neville has been appointed receiver for the Brotherhood-Labor bank, succeeding Oscar Wolfe of Eureka who resigned.
Source
newspapers
3. August 1, 1929 Other
Newspaper Excerpt
J. D. Neville, receiver of the defunct Brotherhood Labor bank at Whitefish states that it is quite probable he will be able to pay another 10 per cent dividend ... To date 40 per cent has been paid the depositors in dividends.
Source
newspapers

Newspaper Articles (8)

Article from The Whitefish Pilot, March 8, 1927

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Article Text

Councilmen For School Play Ground Several Protests Voiced Against Closing Street; Bank Receiver Makes Claim Against City for Warrants Railway street between Spokane and Kalispell avenues was ordered last night by unanimous vote of members of the city council present at the regular meeting. Alderman Alexander was absent. This action was taken over the protest of several owners of proon Kalispell between Railway perty First streets who contended that building fence to enclose the proposed athletic field, public playground and park would detract from the value of their property. Three owners on street property who had signed the asking for closing of that thoroughfare asked that their names be withdrawn as favoring the project. Frank ano, Henry Schneider, Wm. Arthurs, Tony Christian, Wm. Madden and others spoke in opposition to closing of the street. W. W. Taylor and H. Jennings, members of the school board, and Superintendent Hinderman spoke in favor of it. City Attorney Neville informed the council that the opposition to building fence around the field of concern to the council. no That if the council granted the tition, that would be matter for to take with the property owners up school board the He ador vised also that First street, which said should also be one speaker measure of safety for the closed as smaller children, could probably to vehicular travel between closed Spokane and Kalispell avenues by action of the The fence which the school board to build will be six feet proposes the east side of the encloshigh on and will be well constructed ure, neatly painted. Grandstands and be erected on the west side of will the field. One dollar year rental will be paid the city for use of this street. and the lease may be cancelled on 30 days' notice. Closed Bank Wants Money Request for payment of principal several city warrants and interest on issued in 1924 to L. Hughes and was made by Oscar W. Dwyer receiver of the Brotherhood Wolf, This matter was referrLabor Bank the members of the finance to committee for investigation and recommendation. Members of this committee Aldermen Williamson, are Jones and Alexander. Mayor Poorbaugh explained this claim as having originated at the city had two chiefs of time when attorneys. Salaries police and two R. Frederick and were paid to Hughes as city attorney and to Knapp and Dwyer as chief of police. An injunction was served on the treasurer to stop payment on warissued to Hughes and Dwyer rants that the council had on the ground not approved their appointments by the mayor. In the meantime the bank had cashed the warrants. Sissel to Make Changes Request made of the council by Sissel for building permit was carried until the next meeting over Mr. Sissel stated that he for action. expected to make extensive alterations on his theatre building, beginabout May He will build ning but cement foundation new roof, under the walls, apply stucco to the sides of the walls and build marquee if granted permission by the council to do so. The proposed new construction will fire-proof matter was carried material. The the council could be asover that sured that construction of the marquee, which is intended be hung from the building, extending to the edge of the sidewalk at the front of theatre, does not conflict with the provisions of the building ordinance. Want Street Drainage Aldermen Jones, Akey and Willseveral spots in iamson reported their wards as needing additonal drainage. Places mentioned were Spo kane at Fifth, Columbia at Fourth. and Second street between Park and Somers. Street Commissioner Russell was directed to make investigation and to do what he could to remthe situation. edy Peter Arena Gets Permit Peter Arena was granted permission to build 12x14 garage on his at the corner of Baker property enue and Railway street. City Clerk Horn reported that he been advised by the county had treasurer that special lighting assessment against the property of McKeen in Park Addition had been stricken from the tax rolls. He also reported receipt of warranty deed for the Woods property at the south end of Central avenue. The city paid $200 for this strip of land that the street along the river could be made safe for public travel. Application of Thomas Fitch for appointment as caretaker of the parks during the summer season was referred to Alderman Williamson, who is chairman of the park committee. This application was endorsin writing by number of Whitefish residents. Renewal of the surety bond of John Parkins as an electrical workwas accepted by the council. Monthly reports of the city health officer, police magistrate and city treasurer were accepted. Bayha Renders Report Water Commissioner Bayha rendered his annual report, which shows the water department to be functioning profit. Mr. Bayha announced that water charges would be reduced another five percent beginning Auril This reduction will make total of 20 percent since he took charge of the Mr. Bayha said. The reduction will be in the form of cash discount to consumers who pay their water ac+ counts before the 10th of each month, and will be addition to the 10 percent discount now being allowed. No charge will be made for water for sprinkling purposes during the coming summer. Mr. Bayha considers this as meaning an additional five percent reduction to consumers: His full report will printin Friday's Pilot.


Article from The Chinook Opinion, April 11, 1929

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Article Text

In the District Court of the Eighteenth Judicial District of the State of Montana, in and for the County of Blaine In the Matter of the Estate of Albert Summers, deceased. NOTICE TO CREDITORS Notice is hereby given by the undersigned Administrator of the Estate of Albert Summers, deceased, to the creditors and to all persons having claims against the said deceased, to exhibit them with the necessary vouchers within four (4) months after the first publication of this notice to the said Administrator at his office in Chinook, Montana, in the County of Blaine. Dated this 29th day of March, 1921 FRANK D. OVESEN, Administrator. First publication April 4, 1929. Harry L. Burns, Attorney for Estate. In the District Court of the Eighteent Judicial District of the State of Mon tana, in and for the County of Blain Oscar F. Wolf as Receiver of the Brotherhood Bank of Whitefist Montana, a corporation, Plaintiff, Rosie L. Grim and Thos. Grim, I fendants. Notice of Sheriff's Sale of Real Pro erty on Foreclosure of Mortgage. Notice is hereby given, that unds and by virture of an order of and decree of foreclosure issue out of the District Court of. Eighteenth Judicial District of State of Montana, in and for County of Blaine, on the 4th day March, 1929, in the above entitled tion, wherein the plaintiff, Oscar Wolf as Receiver of the Brotherho Labor Bank of Whitefish, Montana corporation, above named, obtaine judgment and decree against Rosie Grim and Thos. Grim, which said cree was on the 4th day of Mar 1929, duly filed in the office of Clerk of Court above entitled: By which said order of sale,


Article from The Havre Daily News, April 24, 1929

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Article Text

Bank Receiver Is Given Judgment Special to The Daily News WHITEFISH, April the action brought by Oscar Wolfe, receiver for the Brotherhood-Labor bank to enforce the statutory provisions as to the liability of stockholders against A. J. Beaumeister of Rexford and John F. Maas, Emil Lee and W. Shoaf of Whitefish, judgment was rendered against them on the par value of their stock. According to theibank records, Beaumeister is the owner of 15 Emil Lee and J. M. Shoaf the owner of 24 shares each. The defense entered alleged that the defendants were in fact, only trustees of the stock, and it had been assigned to them by Henry Good for sale purposes. and that Good was the actual owner. Judge Winston of Anaconda who presided in lien of Judge Pomeroy of Kalispell held that the official records of the corporation as to ownership could not be disputed. and the records of the tbank showed the defendants as the owners. He further stated that any complaint against Good would have to be adjusted in some other manner, rather than in this case. The defendants have preserved their right to appeal to the supreme court.


Article from The Havre Daily News, April 24, 1929

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Article Text

APPOINTED RECEIVER Special to The Daily News WHITEFISH, April ney J. D. Neville has been appointed received for the BrotherhoodLabor bank, succeeding Oscar Wolfe of Eureka who resigned. Mr. acted as attorney for Receiver Wolfe and is thoroughly familiar with the bank affairs.


Article from Western News and the Libby Times, April 25, 1929

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Article Text

pects to establish a representative at Eureka and will carry weekly a large amount of Eureka news under a Eureka department. Mr. Wolf has resigned as receiver of the defunct Brotherhood bank at Whitefish and says he will be able to close up the Eureka bank receivership in a short time. Mr. and Mrs. Wolf have been prominent residents of Eureka for a num. ber of years, where Mr. Wolf has always taken a leading part in the business affairs of the city, having hold the office of mayor a number of terms. He is an able newspaper man and will give Mettaline Falls a paper of which it can be proud. Mrs. Wolf has been prominent socially at Eureka and will find a ready place in the life of the new community. Metalline Falls is lately enjoying a fine growth. A number of mining properties nearby are being developed in a substantial way and recently announcement has been made that the owners of the Trail, B. C., smelter will build a smelter at Mettaline Falls. It is expected that the town will soon grow to from three to four thousand people.


Article from The Daily Inter Lake, July 9, 1929

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Article Text

BANK RECEIVER BRINGS SUIT TO COLLECT NOTE J. D. Neville of Whitefish, as receiver of the dรฉfunct BrotherhoodLabor bank of that city. has filed suit against George T. Noble, Marian Noble, and Mary Noble to enforce col- Work." June 3, 1926. The complaint states that $242.73 was paid on the principal on September 7. 1926, and the receiver asks judgment for $1,917.27, plus $705 taxes paid; the cost of obtaining an abstract of title, interest and attorney's fees.


Article from Western News and the Libby Times, August 1, 1929

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Article Text

Local Briefs Mr. and Mrs. Charles Henderson were Libby visitors Monday. Mr. and Mrs. Fred Cloutier were in Spokane over the week-end and drove home a new Auburn Eight sedan. Emil Tellefsen and family were registered at the Hotel Libbv Sunday, registering as from Oslo, Norway. W. C. Fewkes and daughter Mildred of Rexford were transacting business in the county seat Monday. Mr. Fewkes is a merchant of Rexford. Rummage Sale, corner 6th and Minnesota Ave., Tuesday, Wednesday, Thursday, August 6-7-8, opposite E. E. Corbett's place.-Mrs. Lewis J. 1t Flotten. W. N. Curtis and sons, Paul and John, accompanied by Lloyd Burpee and Tracey Mosier, motored to Eureka Sunday to take in the ball game there between the Pirates of Libby and the Eureka team. Mrs. Ruth Kain came over from Libby to visit her aunt, Mrs. Julia Hand. Her husband is working with the U. S. Geological Survey and temnorarily located in Libby.-Kalispell Times. WANTED-Zonolite shares. Cash will be paid for a few hundred shares in Zonolite company if price reasonable. Address Postoffice Box 16, Libby, quoting number of shares and 7-8 prices. Mrs. Jack Hafstead of Spokane arrived the latter part of the week for 1 visit with her parents, Mr. and Mrs. H. A. Hough. She was accompanied by her sister, Miss Pauline Hough, who had been visiting in the city with her. J. D. Neville, receiver of the defunct Brotherhood Labor bank at Whitefish states that it is quite probable he will be able to pay another 10 per cent dividend some in Septemer. To date 40 per cent has been paid 0 the depositors in dividends. Mr. and Mrs. Ned Joughin and laughter Virginia motored into Spotane Sunday returning Monday, Mr. oughin looking after a shipment of logs while there. It will be rememered that Monday was a warm day, and they report that the trip home was the hottest they had ever made yer the Spokane-Libby route. Fred Heuck, accompanied by his brother Roy, drove into Libby the irst of the week from his home at Boise, Ida. He visited here with his daughter, Jean Heuck, and at the home of his mother-in-law, Mrs. Wiliam Erdman. He is well pleased with his new home at Boise and says that usiness conditions in the Idaho capial are always good. It is in an irriated section and the drv weather, of ourse, does not affect them adversely, e said.


Article from Great Falls Tribune, November 24, 1930

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Whitefish Council Refuses Proposal of Bank Receiver Special to The Tribune. Nov. Neville, attorney and receiver for Brotherhood Labor bank, is seeking to collect on city warrants issued in 1924 to Attorney L. Hughes and accrued interest of percent. His