Farmers State Bank (Havre, MT)

Episode Information

Episode UID
93026771453
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9302677 routing
Routing Number
93-0267
Start Date
January 1, 1921*
Location
Havre, Montana (48.550, -109.684)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
13082dcd7e78d8d5

Response Measures

None

Description

Articles state the bank closed in 1921 and was administered by a receiver through at least 1926.

Events (5)
1. January 1, 1921* Suspension
Cause Details
Bank closed in 1921 and placed in receivership; specific trigger not stated in these articles.
Newspaper Excerpt
This will be the second payment since the institution closed in 1921.
Source
newspapers
2. January 29, 1924 Other
Newspaper Excerpt
the supreme court affirms the judgment ... against O. G. Skystead, as receiver of the Farmers State Bank of Havre.
Source
newspapers
3. May 13, 1925 Other
Newspaper Excerpt
petition filed by the Fidelity and Deposit company ... Hearing on the petition has been set for May 13 to order O. G. Skystead ... to sell the assets of that institution and close up the receivership.
Source
newspapers
4. December 1, 1925 Other
Newspaper Excerpt
Skylstead's resignation was effective December 1. Erskine ... appointed ... receiver of the Farmers State bank of Havre.
Source
newspapers
5. August 27, 1926 Other
Newspaper Excerpt
An eight percent dividend, totalling $20,000, has been paid to the creditors of the Farmers State Bank of Havre ... second payment since the institution closed in 1921.
Source
newspapers

Newspaper Articles (10)
1. January 30, 1924 Great Falls Tribune Great Falls, MT
Article from Great Falls Tribune, January 30, 1924

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Article Text

(Tribune's Helena Bureau) Helena, Jan. 29.—In an opinion handed down Tuesday the supreme court affirms the judgment of the district court of Liberty county in the appeal case of Harvey D. Price and wife against O. G. Skystead, as receiver of the Farmers State Bank of Havre. The action was instituted to remove a cloud from the title to real property in Liberty county, which had been foreclosed under a mortgage given to the Havre bank, afterward assigned to a Spokane bank, in whose name the foreclosure proceedings were originally instituted, and which subsequently retransferred its interests to the Havre bank.

2. May 29, 1924 The Hi-Line Weekly Hingham, MT
Article from The Hi-Line Weekly, May 29, 1924

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Article Text

No. 10532 Sheriff's Sale In the District Court of the Eighteenth Judicial District of the State of Montana, in and for the County of Hill. Katherine Guenser, Plaintiff, VS. Otto Anderson, also known as Otto B. Anderson, Farmers State Bank of Havre, a corporation, O. G. Skylstead, Receiver of the Farmers State Bank

3. March 12, 1925 The Havre Daily News Havre, MT
Article from The Havre Daily News, March 12, 1925

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Article Text

ALIAS SUMMONS In the District Court the Judicial District of the and for the County of Hill. (The Holger Jacobsen, Mary H. Mills, (for. and HolFarmers State Bank Receiver the Farmers State Bank of The State of GreetIngs the Above Named Defendants, and to Each of Them: You are to answer the in this which filed in the office of the Clerk of this

4. May 1, 1925 The Box Elder Valley Press Box Elder, MT
Article from The Box Elder Valley Press, May 1, 1925

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Article Text

NO. 11312 In the District Court of the Eight teenth Judicial District of the State of Montana, in and for the County of Hill. B. Harrington, H. E Harrington her husband, Farmers State Bank 01 lavre, corporation, O. G Skylstead, Receiver of Farmers State Bank of Havre, 1. Kaasa, Havre ommercial Company, of Havre, To be sold at Sheriff's Sale on the th day of May A D., 1925 at 10 "clock A. M., at the Front Door of he Court House, Havre, Montana, in the said County of Hill, the following property, to-wit quar er (NW of Section Fourteen 14), in Township Thirty Three (33) Torth, of Range Fifteen (15) East 1 Montana Meridian, in Hill CounMontana, together with all the heredi aments and appurtenaces hereu to belonging or in anywise ining Dated this 2nd day of April, A. D. 1925. R. C. TIMMONS, Sheriff of Hill County By E. Liggett, Under Sheriff Lamey Havre, Mont. At Grney for Plaintiff Apr. 10-17-24

5. May 14, 1925 Livingston Enterprise Livingston, MT
Article from Livingston Enterprise, May 14, 1925

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Article Text

ASKS COURT TO SELL ASSETS OF BANK FOR RECEIVER IS COSTLY HAVRE-The district court is asked to immediately-order O. G. Skylstead, receiver of the Farmer's state bank here, to sell the assets of the institution and close up the receivership,

6. May 15, 1925 The Producers News Plentywood, MT
Article from The Producers News, May 15, 1925

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Article Text

ASK COURT TO END RECEIVERSHIP OF FARMERS BANK Havre, Mont.-The district court is asked to immediately order O. G. Skystead, receiver of the Farmers State bank to sell the assets of that institution and close up the receivership, in a petition filed by the Fidelity and Deposit company of Maryland and the Maryland Casualty company of Baltimore, two of the bank's creditors. Hearing on the petition has been set for May 13. In the petition it is alleged that according to a report of the state examiner assets of the bank are worth approximately $25,772.38 of which sum about $12,000 is in cash. It is claimed that the cast of ad-

7. December 4, 1925 The Hill County Sunday Journal Havre, MT
Article from The Hill County Sunday Journal, December 4, 1925

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Article Text

ERSKINE NEW RECEIVER FARMERS STATE BANK C. Erskine was appointed Farmers State bank the ceiver of the the week Judge C. A. Rose first of by to fill the caused by the resvacancy ignation of Skylstead. receiver of Mr. Skylstead had been since its closing. Mr. institution Erskine has his office in the same building that was formerly used as Havre National bank.

8. December 7, 1925 Great Falls Tribune Great Falls, MT
Article from Great Falls Tribune, December 7, 1925

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Article Text

NAME BANK RECEIVER Special to The Tribune. Havre.—C. W. Erskine of Havre has been appointed by Judge Charles A. Rose of the district court to succeed O. G. Skylstead as receiver of the Farmers State bank of Havre. Skylstead's resignation was effective December 1. Erskine is also receiver of defunct state banks at Gildford and Rudyard.

9. August 27, 1926 The Producers News Plentywood, MT
Article from The Producers News, August 27, 1926

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Article Text

HAVRE BANK PAYS $20,000.00 DIVIDEND An eight percent dividend, totalling $20,000, has been paid to the creditors of the Farmers State Bank of Havre, according to C. W. Erskine, receiver. This will be the second payment since the institution closed in 1921. It is understood a number of the bank's former depositors are farmers.

10. March 10, 1927 The Chester Reporter Chester, MT
Article from The Chester Reporter, March 10, 1927

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Article Text

SHERIFF'S SALE IN THE DISTRICT COURT OF THE DISTRICT AND THE FOR THE COUNTY OF LIBER First Trust and Savings Bank, corporation, Plaintiff her Jacob Maria Fullmer. Farmers State and Bank Havre, State the Farmers Receiver of Havre. of corporation, Defenlants. the Sheriff's on sold at be 1927 February. day door the the front M. in in the town courthouse followthe the County situated Liberty more particularly state follows, to-wit: two (2) Half of South towship thirty Meridian. seven acres more containing 320 Dated this 14th day of January. D. 1927. Sheriff. DODDS KEITH. for Paintiff. D. J. Attorney