gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
baa23bd966a72c4f
Response Measures
None
Description
No newspaper accounts describe a depositor run; receiver appointed and bank assets being administered and foreclosed.
Events (2)
1.July 26, 1926Receivership
Newspaper Excerpt
Notice is hereby given by the undersigned, L. R. Baird ... as Receiver of the Farmers and Merchants State Bank, Driscoll, North Dakota
Source
newspapers
2.June 28, 1928Other
Newspaper Excerpt
Notice of mortgage foreclosure sale ... will be foreclosed by sale ... at the hour of two o'clock p. m., on the 28th day of June, A. D. 1928
Source
newspapers
Newspaper Articles (10)
1.July 27, 1926The Bismarck TribuneBismarck, Mandan, ND
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Article Text
NOTICE TO CREDITORS In the, matter of the Insolvency of the Farmers and Merchants State bank, Driscoll, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, Bismarck, North Dakota, as Receiver on the Farmers and Merchants State Bank, Driscoll, North Dakota, to the creditors of said insolvent bank and to all persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers, with the undersigned receiver at his office at Bismarck, within four months after. the first publication of this notice. If said claims are not SC filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July S6, 1926. L. R. BAIRD, Receiver. First publication on the 27th day of July, 1926. 7-27 8-3-10-17
2.August 3, 1926The Bismarck TribuneBismarck, Mandan, ND
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Article Text
NOTICE TO CREDITORS in the matter of the insolvenev of the Farmers and Merchants State bank. Driscoll. North Dakota. Notice is hereby given by the undersigned, 1. R. Baird, Bismarck, North Dakota. as Receiver of the Parmers and Merchants State Bank, Driscoll. North Dakota, to the creditors of said insolvent bank and to all: persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers. with the undersigned recelver at his office at Bismarck. within four months after the first publication of this notice. If said claims are not so' filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July 26. 1926. L. R. BAIRD. Receiver. First publication on the 27th day of July, 1926. 7-27 8-3-10-17
3.August 10, 1926The Bismarck TribuneBismarck, Mandan, ND
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Article Text
NOTICE TO CREDITORS In the matter of the Insolvency of the Farmers and Merchants State bank, Driscoll, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, Bismarck, North Dakota, as Receiver of the Farmers and Merchants State Bank, Driscoll, North Dakota, to the creditors of said insolvent bank and to all persons having claims against said Insolvent bank to exhibit them and file them with the necessary vouchers, with the undersigned reçeiver at his office at Bismarck, within four months after the first publication of this notice. If said claims are not so filed, they will be burred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July 26, 1926. L. It: BAIRD, Receiver. First publication on\the 27th day of July, 1926. 7-27 8-3-10-17
4.August 17, 1926The Bismarck TribuneBismarck, Mandan, ND
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Article Text
NOTICE TO CREDITORS In the matter of the insolvency of the Farmers and Merchants State bank, Driscoll, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, Hismarck, North Dakota, as Receiver of the Farmers and Merchants State Bank, Driscoll, North Dakota, to the creditors of said insolvent bank and to all persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers, with the undersigned receiver at his office at Bismarck, within four months after the first publication of this notice. If said claims are not so filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July 26, 1926. L. R. BAIRD, Receiver. First publication on the 27th day of July, 1926. 7-27 8-3-10-17
5.January 7, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
cording to the U.S. Government Survey thereof. There will be due upon such mortgage at the date of sale the sum of Two Thousand Six Hundred and Sixty-three and 33/100ths Dollars ($2663.33). together with the legal fees and costs of foreclosure. Dated January 5, 1928. L. R. BAIRD as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck. North Dakota. Jan. 7-14-21-28 Feb. 4-11 The 10th is the last day of discount on Gas bills.
6.January 28, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
the Fifth Principal Meridian, on. taining 320 acres more or less ac. cording to the U. S. Government Survey thereof. There will be due upon such mortgage at the date of sale the sum of Two Thousand Six Hundred and Sixty-three and 33/100ths Dollars ($2663.33). together with the legal fees and costs of foreclosure. Dated January 5, 1928. L. R. BAILD as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck, North Dakota. Jan. 7-14-21-28 Feb. 4-11
7.February 4, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
which will be sold to satisfy the same are described as follows, to-wit: The East one-half (E½) of section twentye-eight (28) township one hundred thirty-nine (139) north of range seventy-five (75) west of the Fifth Principal Meridian, ontaining 320 acres more or less according to the, U. S. Government Survey thereof. There will be due upon such mortgage at the date of sale the sum of Two Thousand Six Hundred and Sixty-three and 33/100ths Dollars ($2663.33). together with the legal fees and costs of foreclosure. Dated January 5, 1928. L. R. BAIRD as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck, North Dakota. Jan. 7-14-21-28 Feb. 4-11
8.June 6, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
DEFENDANT IS WINNER IN 1ST CASE ON TRIAL Jury Finds in Favor of M. Syverson in Suit Brought to Enforce Payment of Note A verdict in favor of the defendant was returned late yesterday in the first civil case to be tried at the spring jury term of Burleigh county district court which opened here yesterday mor ing. The case was that of L. R. Baird as receiver of the Farmers & Merchants State bank, Drisccoll, vs. M. Syverson and was a suit to enforce payment of a note which the defendant had in the bank when it closed. Syverson claimed he had a deposit in the bank which would offset the amount of the note. This forenoon the court was occupied with the case of L. R. Baird as receiver of the Driscoll State bank vs. Chris Junkert. This is also an action to enforce payment of a note but the defendant claims the note has already been paid through collections made on collateral deposited with it. The case went to the jury about noon.
9.June 19, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
enty-three and 75/100ths Dollars ($2773.75). together with the legal costs and fees of foreclosure. Dated May 21, 1928. L. R. Baird as Receiver of Farmers & Merchants State Bank of Driscoll, Bismarck, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck, N. Dak. 5/22-29-6/5-12-19-20 Pictures hung above eye-level should slope slightly forward.
10.June 19, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
# NOTICE OF MORTGAGE FORE-
# CLOSURE SALE.
Notice is hereby given that that certain mortgage executed and delivered by J. C. Hallum, mortgagor, to L. R. Baird; as Receiver of Farmers & Merchants State Bank of Driscoll, North Dakota, mortgagee, dated the 31st day of August, 1926, and filed for record in the office of the register of deeds of the County of Burleigh in the State of North Dakota, on the 4th day of September, 1926, and duly recorded in Book 184 of Mortgages on page 132, will be foreclosed by sale of the premises in such mortgage and hereinafter described at the front door of the Court House at Bismarck, in the County of Burleigh, and State of North Dakota at the hour of two o'clock p. m., on the 28th day of June, A. D. 1928, to satisfy the amount due upon such mortgage on the day of sale. The premises described in such
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
