Merchants State Bank (Werner, ND)

Episode Information

Episode UID
77085871483
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7708587 routing
Routing Number
77-0858
Start Date
July 1, 1923*
Location
Werner, North Dakota (47.361, -102.457)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9c066ffd5d73324f

Response Measures

None

Description

Listed among closed banks failing between July and Sept 1923; receiver L. R. Baird is named in 1924 court notices.

Events (2)
1. July 1, 1923* Suspension
Cause
Government Action
Cause Details
Bank listed as a closed/failed institution (failed between July 1 and Sept 30, 1923) leading to closure and subsequent receivership
Newspaper Excerpt
Merchants State Bank, Werner listed among 23 closed banks which failed between July first and Sept. 30, 1923
Source
newspapers
2. February 20, 1924 Receivership
Newspaper Excerpt
L. R. Baird, as Receiver of Merchants State Bank, Werner, North Dakota ... Dated February 20, 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Dakota
Source
newspapers

Newspaper Articles (8)
1. March 25, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, March 25, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Merchants State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck, Burleigh County, North Dakota, within thirty days after the service of this summons upon you. exclusive of the day of service and in case of your failure to so appear and answer judgment will be taken against you by default for the relief demander in the complaint. Dated February 20, 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Da kota 3-25-4-1-8-15-22-29

2. April 1, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 1, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Merchants State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck, Burleigh County, North Dakota, within thirty days after the service of this summons upon you, exclusive of the day of service and in case of your faiture to so appear and answer judgment will be taken against you by default for the relief demanded in the complaint. Dated February 20, 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Da kota 3-25--4-1-8-15-22-29

3. April 8, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 8, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court; Fourth Judicial District. L. R. Baird, as Receiver of Merchants State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck, Burleigh County, North Dakota, within thirty days after the service of this summons upon you. exelusive of the day of service and in case of your failure to so appear and answer judgment will be taken against you by default for the relief demanded in the complaint. Dated February 20, 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Dakota 3-25-4-1-8-15-22-29

4. April 15, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 15, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Merchants State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck, Burleigh County, North Dakota, within thirty days after the service of this summons upon you, exclusive of the day of service and in case of your failure to so appear and answer judgment will be taken against you by default for the relief demanded in the complaint. Dated February 20, 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Dakota 3-25-4-1-8-15-22-29

5. April 22, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 22, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Mercharits State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck. Burleigh County, North Dakota, within thirty days after the service of this summons upon you, exclusive of the day of service and in case of your failure to so appear and answer judgment will be taken against you by default for the relief demanded in the complaint. Dated February 20, 1924 ZUGER & TILLOTSON, . Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Dakota 3-25-4-1-8-15-22-29

6. April 29, 1924 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 29, 1924

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Article Text

SUMMONS STATE OF NORTH DAKOTA, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird. as Receiver of Merchants State Bank, Werner, North Dakota, a corporation, Plaintiff, vs. Malvin Torgerson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned and required to answer the complaint of the plaintiff in this action, a copy of which is hereto annexed and herewith served upon you, and to serve a copy of your answer upon the subscribers at their office in the city of Bismarck, Burleigh County, North Dakota, within thirty days after the service of this summons upon you, exclusive of the day of service and in case of your failure to so appear and answer judgment will be taken against you by default for the relief demanded in the complaint. Dated February 20. 1924 ZUGER & TILLOTSON, Attorneys for Plaintiff, Office and post office address: Webb Block, Bismarck, North Dakota 3-25-4-1-8-15-22-29

7. July 20, 1925 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, July 20, 1925

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CLOSED BANK DEPOSITORS TO GET DIVIDENDS More Than $100,000 Will Be Paid by State Guaranty Fund Commission READY IN THIRTY DAYS All Claims of Less Than Twelve Dollars to Be Settled in Full Dividends estimated in excess of $100,000 will be paid to depositors of 23 closed banks which failed between July first and Sept. 30, 1923, it was announced by the guaranty fund commission in a statement issued today. The guaranty fund commission at its recent session here voted dividends to be assigned to Class "B" institutions. The return will amount to ten per cent upon guaranteed deposits. Ready in 30 Days "The guaranty fund commission will be ready to commence consideration and payment upon these claims in about thirty days from date, as a number of the banks have not been completely audited, but will probably be finished by that time," it was stated by F. W. Cathro. Announcement will be made to the newspapers in the towns where the closed banks are situated or in county official papers shortly, and depositors will all be notified by the commission in excess of acceptance of their deposits and will be required to send in their Receiver's Certificates after notification, and a form of verification of claims in excess of $100, no special verification being required for claims of less than $100, under the rule of the commission. Notice to Depositors Persons whose claims have been held rejected as not eligible to guaranty will receive registered notice at their last known postoffice address. Claims against these banks, the commission announce, can be handled with more expedition and less trouble if persons having claims against the banks will simply await the time when notice is received by them. Inquiries made and letters written regarding whether or not their claims will be considered, simply serves to slow up the work of the commission. All claims of less than $12.00 will be paid in full and dividend checks will be drawn for amounts of not less than $10.00, excepting in cases where claims are less than that amount. By so doing, it is estimated that probably one-half of the claims included in Class "B" banks will be eliminated, thus saving the large amount of work and a considerable amount of money in administration cost and expense. Class "B" Banks Following banks are designated in Class "B" division: Farmers Bank of Fessenden; Hurdsfield State Bank; Hickson State Bank; Farmers & Merchants Bank, New Rockford; American State Bank, Sanish; Scand. American State Bank, Van Hook; Citizens State Bank, Tagus; Farmers State Bank, Sanish; Blaisdell State Bank; American State Bank, Burlington; Farmers Bank, Ray; Farmers Bank, Dunn Center; State Bank of Oriska; Farmers Bank, Hazen; Horace State Bank; First State Bank, Dawson; First State Bank, Dunn Center; Farmers & Merchants Bank, Leeds; Farmers State Bank, Neche; Farmers & Merchants Bank, Overly; First State Bank, Epping; Merchants State Bank, Werner; Bottineau County Bank, Bottineau.

8. December 2, 1926 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, December 2, 1926

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Rellin Welch vs. James Swanick and Ethel Swanick. Farmers State bank of Baldwin vs. MerlyWhite. COURT L. R. Baird, receiver of Peoples State bank of Grand Forks, vs. Tom Bowen by Mann and Mrs. Tom Mann. in 1931. itey, State for E. C. Ruble vs. Equity at charge Grain & Mercantile company, and it Since Northern Trust company. to a in State ex rel W., E. McCurdy vs. was transJas. H. Litt. with the Mary Kraft vs. Joseph Coghlan and S. Nuessle Edna K. Coghian. to accept J. G. Spitser vs. Burleigh County stipulation State Bank. Florence M. Little vs. Ole G. HagCounty strom. Burleigh L. R. Baird, receiver State Bank of terms, veral Henzel, vs. L. O. Anderson, P. J. to returned Farr, Minnie Farr. et al. this of year Fred A. Bobb VS. Jacob Jangula. acated Judge Heinrich Schats and Christine the case Schatz vs. Karl Klein. for county Federal Intermediate Credit Bank Judge Coffey of St. Paul vs. Grand Lindsey. and hear L. R. Baird, receiver of Dunseith seen. State bank, vs. M. J. Anderson, G. R. nine cases, Conoby, P. M. Conoby, et al. the baland Remington Typewriter company vs. the DecemWalter McMahon. of majority City National Bank of Bismarck enfor are vs. W. S. Malard. although First National Bank of Wilton vs. driving Farmers Union Elevator & Mercandeoxicated, tile company, V. L. Anderson, J. M. slander, Thompson, J. T. Hilsdorf, Albin having Hedstrem, J. E. Ecklund. threatening Catherine McDonald vs. John A. McDonald. number L. R. Baird, receiver of Security stinued from State Bank of Karlsruhe, vs. Frank the balance Boechler, John Bossert, et al. Harry Wetzel vs. Martin Tollefcalendar son. Maggie Ensz vs. Peter Ensz, Jr. State vs. Northern Packing comoperating pany. ntoxicated. Sheridan County State Bank of enFinstad, McClusky vs. J. C. Tees. Fred Grady vs. Everett Porter. L. R. Baird, receiver of Farmers engaging Bank of Bergen, vs. Martin Asplund and Emma Vibeto. maliNils Lovin vs. A. M. Brandt. M. M. Ruder vs. 0. C. Ellington and Homer and Mrs. O. C. Ellingson. Lola Markley vs. First Guaranty in engaging Bank. Charles B. Rosen and Isham Hall removvs. John Hare. Elizabeth H. Thompson vs. R. Jolargrand seph Fairchild. C. A. Finch Lumber company vs. a driving J. A. Raswick. oxicated. Mrs. Margarette Lattimorelle vs. Harry Schonert. Maryland Casualty company vs. C. robbery. C. Hibbs. threatenFred Nelson vs. Joseph McClusky. Chas. J. Fisk vs. Interstate Transb driving portation company. oxicated. J. W. Burch vs. E. Slovrap and E. engagA. Slovrap. Sam Skrupnuk vs. E. G. Patterson. engaging New Civil/Cages L. R. Baird, receiver of Bismarck barMurphy, Bank, vs. E. T. Burke. L. R. Baird, receiver of Farmers engaging State bank of Grenora, vs. E. N. Fuller, A. C. Scott, et al. slander of First National Bank of Washburn vs. Baldwin school district No. 29 in in engaging Burleigh county. Henry Verthein vs. Russell Bryan. desertion Eliza Dixon vs. Burleigh county. and wife First National Bank of Bismarck vs. Jacob Siirtola, Kustaa Lehto and engagAnton W. Lepisto. Geo. Payseno VE. Hudson Insurkeeping ance company. nuisance. Burdella B. Helgeson vs. August in engaging Westerman. Jacob Spitzer vs. George E. Beatty. assault and Wojciech Partyka and Stanley Moisa vs. George E. Beatty. in engaging D. J. Minogue vs. Frank L. Hubbard. threatenA. M. Thune vs. H. E. Wildfang. Valentine Steiner vs. Paul Willmaliciousman. Roy George vs. Lizzie George. having L. R. Baird, receiver of Merchants State Bank of Werner, vs. L. C. deserhis Hulett, Glen Hulett and D. A. Huwife lett. J. H. Schriver vs. L. C. Hulett, larceny. Glen Hulett and D. A. Hulett. vs. Robert Herman Laskin vs. Todd Land comtraffic ordipany and C. B. Little. E. C. Ruble vs. A. H. Meland. working Edith Spitzer vs. C. W. Spitzer. a week days L. R. Baird, receiver of Hansboro a day. State bank vs. Towner County Land John Giese, and Loan company, Charles E. Blackorby, et al. Ira Taylor, Company A. vs. Edmond A. Hughes, mureffrey, et al. Vivian Finlayson VS. H. M. Bryan, tinued et al. Worden Cammack Piano company vs. P. W. State Bank Chubb. Anna J. Freed vs. Grand Lodge ะ›. company O.-U. W. W. W. Kimball company vs. Zakkie Hall. Thomas Asar and P. W. Chubb. vs. Regan Yellow Cab company vs. CorwinKnutson. Churchill Motors, Inc. Dakota P. W. *Chubb vs. Cammack Piano Bureau. company, et al. Driscoll Consolidated school distriet No. 36 vs. Farmers & MerFarmers chants State Bank of Driscoll, et al. company. North Ethel Westbrook vs. Henry C. Dakota Westbrook. Bureau. L. J. Wehe vs. C. W. Snyder, et al. Beyer. of Rese Siegel va. Insurance company Security of North America. and Page John E. Karpen vs. Albert Beck. Mercantile George Christo vs. W. A. Kern. F. H. Carpenter Lumber company of vs. A. Bougas and D. Bougas. Citizens M. E. L. R. Baird, receiver of Farmers Serr. First of Bank of Garrison, vs. John J. Behles,