Sheridan County State Bank (Plentywood, MT)

Episode Information

Episode Type
Suspension → Closure
Start Date
April 12, 1924
Location
Plentywood, Montana (48.775, -104.562)
Bank Type
state
Routing Number
93-0275

Metadata

Notes

Receivership and asset sales are repeatedly reported and the bank is described as insolvent.

Events (3)

1. April 12, 1924 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank described as insolvent/went broke and closed, leading to appointment of a receiver.
Newspaper Excerpt
OSCAR GULLICKSON, Receiver for Sheridan County State Bank, a corporation
Source
newspapers
2. April 12, 1924 Receivership
Newspaper Excerpt
OSCAR GULLICKSON, Receiver for Sheridan County State Bank, a corporation, ... Dated at Plentywood, Montana, April 12, 1924.
Source
newspapers
3. March 1, 1925* Other
Newspaper Excerpt
The receiver of the Sheridan County State Bank will accept written offers to purchase the Sheridan County State Bank building and real estate ... O. S. GULLICKSON, Receiver.
Source
newspapers

Newspaper Articles (10)

Article from The Producers News, May 2, 1924

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Article Text

FRED STREICH, Plaintiff, versus JOHN E. ZEMPEL, LIZZIE ZEMPEL his wife, SHERIDAN COUNTY STATE BANK, a corporation, OSCAR GULLICKSON, Receiver for Sheridan County State Bank, a corporation, T. L. BEISEKER, JOHN W. SHELBY and SHERIDAN COUNTY LAND COMPANY, a corporation, Defendants.

To be sold at Sheriff's Sale, on the 10th day of May, 1924, at 2 P. M. of said day at the front door of the County Court House in the town or Plentywood, Sheridan County. State of Montana, to the highest and best bidder for cash in hand, the following described real property, situated in Sheridan County. Montana, to-wit:

The South Half (S½) of Section One (Sec. 1), Township thirty-seven (Twp. 37) North of Range Fifty-two (Rge. 52) east of the Montana Meridian, Montana, together with all and singular belonging or in anywise appertaining.

Dated at Plentywood, Montana, April 12, 1924.

RODNEY SALISBURY, Sheriff of Sheridan County, Mont. By A. E. ALDRICH, Under-Sheriff.


Article from The Producers News, May 30, 1924

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Article Text

FIRST STATE BANK OF MERIDEN, MINNESOTA, a corporation, Plaintiff, versus JOHN KELLER and PAULINE KELLER, his wife, DAVID W. KELLY, TESSIE C. KELLY, JOHN W. SHELBY, SHERIDAN COUNTY STATE BANK OF PLENTYWOOD, MONTANA, a corporation; OSCAR S. GULLICKSON, as Receiver of Sheridan County State Bank, a corporation; T. L. BEISEKER, SECURITY STATE BANK OF OUTLOOK, a corporation, DEWEY KELLER, THE FIRST NATIONAL BANK OF RAYMOND, MONTANA, a corporation, E. K. BOWMAN, P. J. ANDERSON, O. H. JUNOD, A. H. STAFFORD and CHESTER C. DAVIS, comprising and acting as The State Board of Hail Insurance of the State of Montana, and SHERIDAN COUNTY, MONTANA, a Body Politic. Defendants.

TO BE SOLD AT SHERIFF'S SALE, to the highest bidder for cash, on the 14th day of June, A. D. 1924, at the hour of 2 o'clock in the afternoon of said day, at the front door of the Court house, in the Town of Plentywood, Sheridan County, Montana, the following described real estate, to-wit:

The Northeast Quarter (NE¼) and the South Half of the Northwest Quarter (S½ NW¼) and the Northeast Quarter of the Northwest Quarter (NE¼ NW ¼) and the Northeast Quarter of the Southeast Quarter (NE¼ SE¼) of Section Eleven (Sec. 11) in Township Thirty-six (Twp. 36) North of Range Fifty-


Article from The Producers News, June 13, 1924

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Article Text

FIRST STATE BANK OF MERIDEN, MINNESOTA, a corporation, Plaintiff,

versus

JOHN KELLER and PAULINE KELLER, his wife, DAVID W. KELLY, TESSIE C. KELLY, JOHN W. SHELBY, SHERIDAN COUNTY STATE BANK OF PLENTYWOOD, MONTANA, a corporation; OSCAR S. GULLICKSON, as Receiver of Sheridan County State Bank, a corporation; T. L. BEISEKER, SECURITY STATE BANK OF OUTLOOK, a corporation, DEWEY KELLER, THE FIRST NATIONAL BANK OF RAYMOND, MONTANA, a corporation, E. K. BOWMAN, P. J. ANDERSON, O. H. JUNOD, A. H. STAFFORD and CHESTER C. DAVIS, comprising and acting as The State Board of Hail Insurance of the State of Montana, and SHERIDAN COUNTY, MONTANA, a Body Politic. Defendants.

TO BE SOLD AT SHERIFF'S SALE, to the highest bidder for cash, on the 14th day of June, A. D. 1924, at the hour of 2 o'clock in the afternoon of said day, at the front door of the Court house, in the Town of Plentywood, Sheridan County, Montana, the following described real estate, to-wit:

The Northeast Quarter (NE¼) and the South Half of the Northwest Quarter (S½ NW¼) and the Northeast Quarter of the Northwest Quarter (NE¼ NW ¼) and the Northeast Quarter of the Southeast Quarter (NE¼ SE¼) of Section Eleven (Sec. 11) in Township Thirty-six (Twp. 36) North of Range Fifty-


Article from The Producers News, March 20, 1925

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Article Text

REPORT

By the county treasurer of Sheridan county, Montana, upon execution of the instructions of the county commissioners of Sheridan county, as directed in resolution recorded in commissioners minutes book 4, page 264, as resolved at their regular meeting February 3, 1925.

To the Honorable Board of County Commissioners of Sheridan county, and O. S. Gullickson, receiver, Sheridan County State Bank, Plentywood, Montana. Dear Sirs:

Pursuant to resolu ion of the Honorable Board of County Commissioners referred to above, I beg to report as to the disposition made and cedits entered in the above matter, as follows:

County Treasurer's account with Sheridan County State Bank at the time of closing of said bank $ 7,170.53 Interest on said account from July 1,1923 up to date at the rate of 2½ per cent per annum 423.75


Article from The Producers News, April 3, 1925

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Article Text

FOR SALE

The receiver of the Sheridan County State Bank will accept written offers to purchase the Sheridan County State Bank building and real estate upon which it is situate in Plentywood, Montana, until the 30th day of March 1925.

All of the furniture and fixtures in said bank are also for sale. O. S. GULLICKSON, Receiver.


Article from The Producers News, July 10, 1925

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Article Text

GLADYS FREUDENBERG, Plaintiff,

versus

CARL TRUMBLE, H. P. FOSTER, administrator of the estate of Dora E. Trumble, deceased; RICHARD GRAYSON, JOHN GRAYSON, Sheridan County State Bank, a corporation; OSCAR GULLICKSON, receiver for Sheridan County State Bank, a Corporation; GYDA THOMPSON, as Administratrix of the estate of A. T. THOMPSON, deceased; FIRST NATIONAL BANK OF PLENTYWOOD, a corporation; H. A. STREETER, Receiver of The First National Bank of Plentywood, a corporation; JULIA NORTON, formerly JULIA JACOBSON KEATS; PAUL BABCOCK and CLIMO R. ELLERY, Defendants.

To be sold at Sheriff's Sale on the 25th day of July, A. D. 1925, at 2 o'clock P. M. of said day at the front door of the County Court House in the town of Plentywood, Sheridan County, Montana, to the highest and best bidder for cash in hand, the following described real property, situated in Sheridan County, Montana, to-wit:

The Northwest quarter (NW¼) of Section Five (5) and the Northeast Quarter of the Northeast Quarter (NE¼NE¼) of Section Six (6) Township Thirty-three (33) and the East half of the Southeast quarter (E½SE¼) of Section Thirty-one (31) Township Thirty-four (34) North of Range Fifty-six (56) East of the Montana Meridian, Montana. Dated at Plentywood, Montana this 1st day of July A. D. 1925.

Rodney Salisbury, Sheriff of Sheridan County, Montana. Publish July 3-10-17 & 24


Article from The Producers News, August 7, 1925

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Article Text

Gullickson Gets New Job
With Continental Oil Co.

Oscar Gullickson, well known ex-banker of Plentywood, was appointed to the position formerly held with the Continental Oil Company by Mr. Lindsay, who is now active head of the Farmers Penn Co. Mr. Gullickson was appointed to the position during the recent undercover visit here of Mr. Landsrud, general division manager of the Continental Oil Company, who is considerably concerned about the inroads the Westland Oil Company is making in this portion of his territory.

Mr. Gullickson will not take up the active duties of his position for some weeks yet. His accounts as receiver of the defunct Sheridan County Bank are being audited and as soon as this work is done he will start on the road in this territory, it is said.

Mr. Gullickson was cashier of the Sheridan County Bank which went broke. He was appointed receiver of the defunct bank by Judge Comer, but was recently removed from that position when the receivership of two closed Plentywood banks were con-solidated.


Article from The Producers News, September 11, 1925

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Article Text

Sheridan County State Bank, a corporation, acting by and through Fred Ibsen, Receiver of said bank, Plaintiff.


Article from The Producers News, February 19, 1926

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Article Text

CARL ZIEGLER, Sr., Plaintiff, vs. REBECCA CROUSE, a widow; JOHN W. SHELBY and ..SHELBY, his wife, if any; WELLS COUNTY STATE BANK OF FESSENDEN, N. NORTH DAKOTA, a banking corpor- ation; SHERIDAN COUNTY STATE BANK OF PLENTYWOOD, MON- tana, a banking corporation; FRED IBSEN, Receiver of Sheridan County State Bank, a corporation, Defend- ants.


Article from The Producers News, December 2, 1927

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Article Text

FRED IBSEN, receiver of SHERIDAN COUNTY STATE BANK, an insolvent banking corporation, PLAINTIFF,