Farmers State Bank (Medicine Lake, MT)

Episode Information

Episode UID
93026271487
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
9302627 routing
Routing Number
93-0262
Start Date
November 28, 1923
Location
Medicine Lake, Montana (48.501, -104.505)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f9372348636a4eb8

Response Measures

None

Events (2)

1. November 28, 1923 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank suspended active business for re-adjustment and 'voluntarily closed' about a month later according to reports.
Newspaper Excerpt
Last Wednesday the Farmers State Bank suspended active business for the purpose of re-adjustment of some of its affairs and other matters pertaining thereto.
Source
newspapers
2. December 21, 1923 Receivership
Newspaper Excerpt
S.O. Swenson Appointed Receiver of Lake Bank ... S. O. Swenson had received the appointment as receiver of the Farmers State Bank at Medicine Lake which was voluntarily closed about a month ago.
Source
newspapers

Newspaper Articles (11)

Article from Daniels County Leader, November 29, 1923

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Article Text

FARMERS STATE BANK AT MED. LAKE CLOSED Last Wednesday the Farmers State Bank suspended active business for the purpose of re-adjustment of some of its affairs and other matters pertaining thereto. It will probably take a few days before matters will be completed for the resumption of business. This is not an unusual occurrence with banks and other business concerns, when a re-adjustment of business affairs in detail is deemed necessary.β€”Medicine Lake Wave.


Article from The Producers News, December 21, 1923

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Article Text

S.O. Swenson Appointed Receiver of Lake Bank Word reached this office the * first of the week that S. O. Swen* son had received the appointment as receiver of the Farmers State * Bank at Medicine Lake which * was voluntarily closed about a * month ago. Mr. Swenson has been employed in the bank for a num* ber of years and is familiar with the local conditions.


Article from The Producers News, December 12, 1924

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Article Text

Mark Olson acting receiver of the Farmers' State Bank of Medicine Lake, made a few minutes stop in Antelope on Wednesday evening.


Article from The Producers News, May 22, 1925

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Article Text

RODERICK McGREGOR, Plaintiff, vs. HENRY SIMONSEN, a single man, and FARMERS STATE BANK, Medicine Lake, Montana, a corporation, and M. M. Olson, Receiver of said bank, Defendants. To be sold at Sheriff's Sale, on the 13th day of June, 1925, at 2 P. M., at the front door at the Court House in the Town of Plentywood, County of Sheridan, State of Montana, to the highest and best bidder for cash in hand, the following described property, to-wit: The southeast quarter, and Lots One (1) and Two (2) and the South-half of the Northeast quarter of Section Five (5) in Township Thirty-two (32) North, of Range Fifty-eight (58) East,


Article from The Producers News, March 12, 1926

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Article Text

THE SUPREME LODGE OF THE SONS OF NORWAY, a corporation, Plaintiff, vs. JACOB BERG, EMMA BERG, his wife, FARMERS STATE BANK, a corpora- tion, of Medicine Lake, Montana, and M. M. OLSON, as Receiver of Farm- ers State Bank, a corporation, of Medicine Lake, Montana, Defendants. To be sold at Sheriff's Sale, on the 3rd day of April, 1926, at the hour of Two (2) o'clock P. M., of said day, at the front door of the Sheridan County Court House, in the City of Plentywood,


Article from The Producers News, March 19, 1926

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Article Text

JACOB BERG, EMMA BERG, his wife, FARMERS STATE BANK, a corpora- tion, of Medicine Lake, Montana, and M. M. OLSON, as Receiver of Farm- ers State Bank, a corporation, of Medicine Lake, Montana, Defendants. To be sold at Sheriff's Sale, on the 3rd day of April, 1926, at the hour of Two (2) o'clock P. M., of said day, at the front door of the Sheridan County Court House, in the City of Plentywood,


Article from The Producers News, May 27, 1927

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Article Text

CHARLES FJERESTAD, Plaintiff, versus CHRISTIAN SAMUEL IBSEN and SEVERINE IBSEN, his wife, H. G. SCHREIBER, PATHMANN SCHREIBER MERCANTILE COMPANY, a corporation, SHERIDAN COUNTY, State of Montana, a body corporate and Politic, FARMERS STATE BANK, a corporation, of Medicine Lake, Montana, and FRED IBSEN, Receiver of said Bank, STATE BANK OF GRENORA, a corporation, and L. R. BAIRD, Receiver of said Bank, STATE BOARD OF HAIL INSURANCE, and E. K. BOWMAN, its Chairman and A. H. Bowman, W. E. Harmon, P. J. Anderson and B. J. Anderson, Members of said State Board of Hail Insurance, Defendants.


Article from The Producers News, June 3, 1927

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Article Text

CHARLES FJERESTAD, Plaintiff, versus CHRISTIAN SAMUEL IBSEN and SEVERINE IBSEN, his wife, H. PATHMANN G. SCHREIBER, SCHREIBER MERCANTILE COMPANY, a corporation, SHERIDAN COUNTY, State of Montana, a body corporate and Politic, FARMERS STATE BANK, a corporation, of Medicine Lake, Montana, and FRED IBSEN, Receiver of said Bank, STATE BANK OF GRE= NORA, a corporation, and L. R. BAIRD, Receiver of said Bank, STATE BOARD OF HAIL INSURANCE, and E. K. BOWMAN, its Chairman and A. H. Bowman, W. E. Harmon, P. J. Anderson and B. J. Anderson, Members of said State Board of Hail Insurance, Defendants.


Article from The Producers News, June 10, 1927

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Article Text

CHARLES FJERESTAD, Plaintiff, versus CHRISTIAN SAMUEL IBSEN and SEVERINE IBSEN, his wife, H. G. SCHREIBER, PATHMANN SCHREIBER MERCANTILE COMPANY, a corporation, SHERIDAN COUNTY, State of Montana, a body corporate and Politic, FARMERS STATE BANK, a corporation, of Medicine Lake, Montana, and FRED IBSEN, Receiver of said Bank, STATE BANK OF GRENORA, a corporation, and L. R. BAIRD, Receiver of said Bank, STATE BOARD OF HAIL INSURANCE, and E. K. BOWMAN, its Chairman and A. H. Bowman, W. E. Harmon, P. J. Anderson and B. J. Anderson, Members of said State Board of Hail Insurance, Defendants.


Article from The Producers News, October 28, 1927

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Article Text

GEORGE FORTUNE, Plaintiff, versus FERDINAND HUETH and AUG- USTE HUETH, his wife; FARM- ERS STATE BANK, MEDICINE LAKE, MONTANA, a corporation; and Fred Ibsen, receiver thereof; MIDLAND NATIONAL BANK, MINNEAPOLIS, a corporation, and W. S DAVIDSON, Defendants. TO BE SOLD AT SHERIFF'S SALE on the 12th day of November,


Article from Plentywood Herald, August 8, 1929

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Article Text

NORTHWESTERN STATE BANK, GRENORA, NORTH DAKOTA, A Banking Corporation, Plaintiff, Verses CHRIST IBSEN and SEVERINE IB- SEN, his wife; MRS. OSCAR BER- GAN; HAROLD BORG; FARM- ERS STATE BANK OF MED- ICINE LAKE, an insolvent bank- ing corporation, and FRED IB- SEN, the receiver thereof; PATH- MAN-SCHREIBER MERCANTILE COMPANY, a corporation, and H. G. SCHREIBER, agent thereof; STATE BANK OF GRENORA