gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e43bb994cf187d3f
Response Measures
None
Description
Assets taken over by another bank and a liquidating agent named, indicating permanent transfer/closure.
Events (1)
1.March 12, 1925Suspension
Cause
Voluntary Liquidation
Cause Details
Assets taken over by Miners and Merchants Bank and a liquidating agent (Dundas) named to collect accounts; indicates merger/transfer and winding up of First National's affairs
Newspaper Excerpt
Assets of the First National bank of Musselshell have been taken over by the Miners and Merchants bank of Roundup
Source
newspapers
Newspaper Articles (8)
1.March 12, 1925The Kevin ReviewKevin, MT
Click image to open full size in new tab
Article Text
Bank Merger Completed Assets the First National bank of have been taken Musselshell and Merchants bank of the Miners the transaction being Roundup, recently. The Musselshell pleted carried deposits. Dundas, cashier of the Musselbecomes assistant cashshell bank, Miners and Merchants and the act liquidating agent in will also of accounts in the collecting the bank. Baker will National First an assistant cashier remain also miners and Merchants.
Bank Merger Completed Assets of the First National bank of Musselshell have been taken Miners and Merchants bank the the transaction being Roundup, recently. The Musselshell pleted stitution carried $100,000 in deposits. Dundas, cashier of the Musselshell bank, becomes an assistant the Miners and Merchants and will also act liquidating agent collecting accounts due in the the National bank. Baker will First remain an assistant cashier the miners and Merchants.
3.March 12, 1925The Shelby PromoterShelby, MT
Click image to open full size in new tab
Article Text
Bank Merger Completed Assets the First National bank of Musselshell been the Miners and Merchants bank Roundup, the transaction being pleted The stitution carried $100,000 deposits. Dundas, cashier the Musselshell bank, becomes assistant cashthe Miners Merchants and will also liquidating agent the collecting accounts the First National bank. Baker remain assistant cashier the miners and Merchants.
Bank Merger Completed Assets of the First National bank of Musselshell have been taken the Miners and Merchants bank of Roundup, the transaction being comrecently. The Musselshell pleted stitution carried in deposits. Dundas, cashier of the Musselshell bank, becomes an assistant cashof the Miners and Merchants and will also act liquidating agent in the collecting of accounts due in the First National bank. Baker will also remain assistant cashier the miners and
5.March 13, 1925Plevna HeraldPlevna, MT
Click image to open full size in new tab
Article Text
Bank Merger Completed Assets of the First National bank of Musselshell have been taken over by the Miners and Merchants bank Roundup, the transaction being comrecently. The Musselshell pleted stitution carried $100,000 in deposits. Dundas, cashier of the Musselshell bank, becomes assistant cashier the Miners and Merchants and will also act as liquidating agent in the collecting of accounts due in the First National bank. Baker will also remain as an assistant cashier with the miners and Merchants.
6.March 13, 1925Dillon TribuneDillon, MT
Click image to open full size in new tab
Article Text
Bank Merger Completed Assets of the First National bank of Musselshell have been taken over by the Miners and Merchants bank of Roundup, the transaction heing recently. The Musselshell pleted stitution carried $100,000 In deposits. D. Dundas, cashier of the Musselshell bank, becomes an assistant cashler of the Miners and Merchants and will also as liquidating agent in collecting of accounts due, In the Baker will First National bank. remain an assistant cashier also as with the miners and Merchants.
Merger Completed Assets First National bank of Musselshell been taken over the Miners and Merchants bank the being pleted The Musselshell incarried Dundas, cashier of the Musselshell becomes assistant cashthe Miners Merchants and will also liquidating agent the collecting in the First National bank. Baker also assistant eashier the miners and Merchants.
8.March 20, 1925The Powder River County ExaminerBroadus, MT
Click image to open full size in new tab
Article Text
Bank Merger Completed Assets of the First National bank of Musselshell have been taken over by the Miners and Merchants Roundup, the transaction being pleted recently. The Musselshell In stitution carried $100,000 In deposits. Dundas, cashier of the Musselshell bank, becomes an assistant cashthe Miners and Merchants and will also act as liquidating agent in the collecting of the First National bank. Baker will remain as an assistant cashier the miners and Merchants.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.