Baker State Bank (Baker, MT)

Episode Information

Episode UID
93016171490
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
9301617 routing
Routing Number
93-0161
Start Date
February 8, 1924
Location
Baker, Montana (46.367, -104.285)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6085dedd5f2700c8

Response Measures

None

Events (4)

1. February 8, 1924 Other
Newspaper Excerpt
The change became effective Tuesday ... The Baker State Bank, as the new institution will be called, will own the combined resources of the three banks.
Source
newspapers
2. December 3, 1925 Suspension
Cause Details
Articles do not state reason for suspension; bank was placed in receivership and paying dividends.
Newspaper Excerpt
C. J. Russell, receiver for the Baker State bank, is now paying out checks on a 15 per cent dividend.
Source
newspapers
3. April 14, 1927 Other
Newspaper Excerpt
Receiver of Baker State Bank, State Banking corporation; ... To Be Sold At Sheriff's Sale, on the 16th day of April A. D. 1927 ... C. J. Russell, as the Receiver of Baker State Bank a State Banking corporation; ... Sheriff's Sale announced relating to receiver proceedings.
Source
newspapers
4. April 3, 1929 Other
Newspaper Excerpt
The Baker State bank is now being mailed out to certificate holders by L. E. Rushton receiver This dividend brings the total amount to 82 per cent ...
Source
newspapers

Newspaper Articles (5)

Article from Baker Sentinel, February 8, 1924

Click image to open full size in new tab

Article Text

CONSOLIDATION OF THE BAKER BANKS The merging of the three Baker banks in to one, The Baker State, has met with the general approval of the entire community as far as we are able to learn, from talking to the people generally. This consolidation shows the good judgment of the financiers of the three banks who are the custodians of the people's money. They got together, gave and took, and have made one mighty strong institution of the three banks. The Baker State Bank, as the new institution will be called, will own the combined resources of the three banks and will be enabled to render better service to the community than could be done by the three institutions separately. The change became effective Tuesday and at a meeting Monday evening the following directors and officers for the new Baker State Bank were elected: L. Price, Chairman of the Board. R. F. Smith, President W. W. Brant, First Vice-president, F. R. Savage, Second vice-president Thos. Forde, Cashier, R. L. Smith, Ass't Cashier, R. E. Morris, E. V. Trout and R. S. Johnson, directors. All of the above gentlemen, with the exception of Mr. Savage, are representative citizens of the city of Baker with the best interests of the community which they serve at heart. They are keen business men of sound judgment and make an ideal group to look after the banking interests of this community. Mr. Savage is a resident of Miles City but has interests in this city and is a big booster for Eastern Montana.


Article from The Montana Record-Herald, February 13, 1924

Click image to open full size in new tab

Article Text

New Baker Bank Selects Officers Special to The Record-Herald. BAKER, Feb. 13.β€”Officers of the new Baker State bank recently organized through the merger of the three institutions here, were selected at a meeting held last night. They are: L. Price, chairman of the board. R. F. Smith, president. W. W. Brant, first vice president. F. R. Savage, second vice president. Thomas Forde, cashier. R. L. Smith, assistant cashier. R. E. Morris, E. V. Trout and R. S. Johnson, directors. All of the above gentlemen, with the exception of Mr. Savage, are representative citizens of the city of Baker with the best interests of the community which they serve at heart. They are keen business men of sound judgment and make an ideal group to look after the banking interests of this community. Mr. Savage is a resident of Miles City but has interests in this city and is a big booster for eastern Montana.


Article from Belt Valley Times, December 3, 1925

Click image to open full size in new tab

Article Text

Treasure State Tabloids The recently completed handsome and spacious new home of the Butte Lodge of Elks was formally dedicated November 21st. At its last regular meeting the Glendive city council voted to buy the east half of block 43 in Prospect Heights as an addition to Lloyd park. This gives a desirable addition to the beautiful park around the swimming pool. Three hearses abreast bore the bodles of Mrs. Ottilia Schmidt and her two daughters, Mrs. Madeline Borrelli and Miss Bertha Schmldt, victims of a tragic shooting at Butte, to their graves. Mrs. Borrelli shot and killed Mrs. Schmidt, her mother, and Bertha Schmidt, her sister, and then killed herself at the family home. At Granite park in the wilds of Glacier National park the summer tourists have fed so much chocolate candy to the black bears that the animals got into the habit of staging a comeback for more goodies by climbing onto the roofs in the dead of night. In order to keep the beggars from disturbing the sleep of the tourists, the roofs of the chalets were spiked with inverted nails. Dillings policemen set a high mark in crime detection for ambitious sleuths when they arrested Frank Haskins, a school janitor, on a charge of stealing 75,000 cigarets from a wholesale house and recovered all of the plunder before the victimized firm had discovered its loss. Haskins, it is said by the police, confessed the burglary and aided them in recovering the loot, theft of which started several weeks ago. Margaret McIntyre, 11-year-old member of the Scobey 4-H clothing club, was awarded highest honors in Daniels county when clothing club articles were judged at County Agent A. W. Warden's office. By winning the first place in the county, Miss McIntyre is awarded a one-year scholarship in any institution of the University of Montana. The scholarship will be available at any time the recipient is ready to go to college. C. J. Russell, receiver for the Baker State bank, is now paying out checks on a 15 per cent dividend. This makes a total of 45 per cent paid by this institution and Mr. Russell states there will be more in the future. The largest check is that of Fallon county, amounting to $5,981.35, and the smallest is for 2 cents. The total amount of this dividend is $33,957.75, which is divided among 473 creditors. Miles City, Mont.-Ed Robbins, of the Coalwood neighborhood, spent much of his time this summer raising a flock of fancy turkeys for the Thanksgiving market. The birds were all fat and in fine condition when Robbins came to the city to have a tooth pulled. He returned home in the evening and found that someone had driven to his home in a truck and had stolen more than $100 worth of the birds. c The Rev. Arthur D. Sloate, superintendent of the Yellowstone district for b the Montana Children's Home society, fi has returned to Billings after visiting the northern part of the state for two b weeks, Mr. Sloate says that the work of the society is going along better a than ever before in every part of the state and that during the past year it placed 282 children in homes, besides aiding 62 other children by helping the parent to keep them. More than 2,800 children have been received as wards of this society Mr. Sloate said, and placed in homes.


Article from The Baker Sentinel, April 14, 1927

Click image to open full size in new tab

Article Text

as W. W. Brant: Curtis M. Shreve: Midland Coal & Lumber Company, a corporation: The First National Bank of Baker National Banking corporation, and John A. Sanderson. as of Receiver of The First National Bank Baker, National Banking cor poration, Baker State Bank, State Banking corporation and C. J. Russell, as the Receiver of Baker State Bank a State Banking corporation; James Pepper; J. W. Brant; Dave Lunder and Grace Lunder, his wife; Harry Lunder, and Ella Lunder, his gold wife his alter wife. Mangold and Olga ManTo Be Sold At Sheriff's Sale, on the 16th day of April A. D. 1927 at the hour of 2:00 o'clock P. M. at the front door of the Court House of Fallon County, at Baker Montana, the following described Real Estate: North Half (N1-2) and the Southeast Quarter (SE1-4), of Section Twenty nine (29), and the West Half W1-2) and the North Half (N1-2) of the North-east (NE14). of Section Thirty two (32), all in Township Five, (5) North. Range Fifty-nine (59), East, Montana Principal Meridian; containing eight hundred eight hundred eighty acres, more or less according thereof. to the Government survey together with all and singular the tenements, hereditaments and appurtenances thereto belongng or in anyway appertaining thereto. Dated at Baker, Montana, this 21st day of March A D. 1927. C. E. By W. B. Frankland, Burrell, Deputy Sheriff. Sheriff. Al Hansen, Attorney for Plaintiff. f. M. 24 A. 14


Article from The Billings Gazette, April 3, 1929

Click image to open full size in new tab

Article Text

Yellowstone County's Infectious Diseases For March Totals 18 With only 18 disease cases reported for March in Yellowstone county the month's shows an unusual amount of good health among county citizens The report was for publication Tuesday by Dr. Eri M. Farr county health officer Scarlet fever topped the list of diseases with five cases while chicken pox was three diphtheria two mumps two measles one and whooping cough one Other diseases were four In quarantining cases and following rumors of infectious diseases 29 investigations were made during the month FARMERS NION FORMED Sidney April Special) The farm. ers of this community met Monday and organized the Farmers union with the tentative plan of immediately embarking into the retail distribution of oil. After organizing the following were elected: For term John Peterson of Crane and Ernest or Sidney For the two-year term Ralph Blair of Mount Pleasant and Joe Brock way of Fairview and for the one-year term E. A. Watts of Fairview BAKER BANK PAYS Baker. April dividend of per cent paid by the Baker State bank is now being mailed out to certificate holders by L. E. Rushton receiver This dividend brings the total amount to 82 per cent and another payment which will bring the total to between 85 and 90 per cent is expected to be made before the receivership is ended later in the year