Gilman (Mont.) State Bank Records,

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1 Gilman (Mont.) State Bank Records, Overview of the Collection Creator Gilman (Mont.) State Bank Title Gilman (Mont.) State Bank Records Dates (inclusive) Quantity 20.0 linear feet, (27 archival boxes, 3 oversize boxes, and 10 oversize volumes) Collection Number Mss 009 Summary Gilman was a small town located near Great Falls, Montana. This collection contains correspondence, financial, legal, and organizational papers generated by Gilman State Bank officials during its years of operation and the period of receivership following closure. The collection presents an insightful record of the successes, challenges, and (often) failure encountered by Montana's rural financial institutions during the first quarter of the twentieth century. Repository University of Montana, Mansfield Library, Archives and Special Collections Archives and Special Collections Maureen and Mike Mansfield Library University of Montana 32 Campus Dr. # Missoula, MT Telephone: Fax: library.archives@umontana.edu Access Restrictions Researchers must use collection in accordance with the policies of Archives and Special Collections, the Maureen and Mike Mansfield Library, and The University of Montana--Missoula. Languages Sponsor English Funding for creating this finding aid was provided through a grant awarded by the National Historic Publications and Records Commission. Funding for encoding this finding aid was provided through a grant awarded by the National Endowment for the Humanities. Historical Note Gilman State Bank was founded in 1910 in Gilman, Montana, about one mile from Augusta, Montana. The Great Northern Railway founded Gilman to be a center for homesteaders who had moved to central Montana to farm. Among the directors of the bank were A. L. Bradley, President; E. D. Boone, 1

2 Vice-President; R. Percy Abbey; C. W. Tewell; Harry Lord; Oliver Bernier; M. M. Connor; Grand B. Christian; and Alex Chisholm. The town reached its peak in a few years with a population of about However, difficult conditions in the early 1920s meant that the bank did not prosper; it had made agricultural loans to farmers who could not repay them. The bank continued in operation until Thanksgiving eve, 1923, when it closed its doors and went into receivership. Soon after, the town ceased to exist as its occupants moved away, taking most of the buildings to Augusta. Content Description This collection contains correspondence, financial, legal, and organizational papers generated by Gilman State Bank officials during its years of operation and the period of receivership following closure. Collection materials predominantly consist of correspondence, presenting nearly all of the correspondence records kept by the bank during its existence. Condition reports and tax records are nearly complete; however, significant gaps occur in the other financial sequences as well as the legal and organizational records. Most of the correspondence is concerned with banking matters, but there is reference to general economic and political activities in the area. Numerous eastern and central Montana financial institutions closed during the 1920s amid a prolonged drought, banking trade instability after the homesteading boom, and profound national economic changes following World War I. The Gilman State Bank records present an insightful record of the successes, challenges, and (often) failure encountered by Montana's rural financial institutions during the first quarter of the twentieth century. Additionally, this collection preserves significant documentation of what is now a Montana ghost town. Use of the Collection Restrictions on Use Researchers are responsible for using in accordance with 17 U.S.C. and any other applicable statutes. Copyright not transferred to The University of Montana. Preferred Citation [Name of document], Gilman (Mont.) State Bank Records, Archives and Special Collections, Maureen and Mike Mansfield Library, The University of Montana Missoula. Administrative Information Arrangement The collection is arranged in four series: Series I: General Correspondence, linear feet, Series II: Financial Records, 3.75 linear feet and 10 oversize volumes, Series III: Legal Documents, 4 folders,

3 Series IV: Organization, 0.5 linear feet, Custodial History The bank records were abandoned for many years in what remained of Gilman. Through a tip from Hugh Galusha, President of the Federal Reserve Bank of Minneapolis, Dr. K. Ross Toole located the records. Mr. and Mrs. Albert Orcutt and other area residents provided background on the records and the history of the town. Acquisition Information Acquired by the Archives in Processing Note The actions of the original processers are unknown. In 2004, the collection was re-described. Detailed Description of the Collection Series I: Correspondence, linear feet This series contains incoming and outgoing correspondence, primarily documenting business transactions and operations but also periodically reference social, economic, and political developments in the area. These records provide details about the breadth of economic activities along the Rocky Mountain Front Range in the early twentieth century and reveal the institutional network for banking operations prior to New Deal-era regulations. Box/Folder 1/1 American National Bank /2 A /3 Barnard, George D. and Company /4 Beach, A.W /5 Bradstreet Company /6 B /7 Carter, Thomas H

4 1/8 Cascade Bank /9 Cascade County, Clerk and Recorder /10 Citizens State Bank, Choteau /11 Citizens State Bank, Hamilton /12 Conrad Trust and Savings Bank /13 Thomas Cruse Savings Bank /14 C /15 Louis F. Dow Company /16 D /17 E /18 First National Bank, Chicago /19 First National Bank, Minneapolis /20 First National Bank, Valier /21 First State Bank, Cascade /22 First State Bank, Stanford /23 Furman, J /24 F /25 Great Falls Land and Irrigation Company /26 Great Falls National Bank /27 Great Northern Railway /28 Green, James A

5 1/29 G /30 H /31 I /32 J /33 K /34 Lanstrom, O /35 Lewis and Clark County, Clerk and Recorder /36 Lewis and Clark County, Treasurer /37 L /38 Montana, State Bank Examiner /39 Montana Abstract Company /40 Montana Bankers Association /41 M /42 National Bank of Montana /43 National Surety Company /44 N /45 O /46 P /47 R /48 Security State Bank, Judith Gap /49 S

6 1/50 T /51 Union Bank and Trust Company /52 United States, Department of Agriculture /53 United States Fidelity and Guarantee Company /54 U /1 American National Bank /2 A /3 Beach, A.W /4 B /5 Carter, Thomas H /6 Cascade County, Clerk and Recorder /7 Cascade Bank /8 Citizens State Bank, Choteau /9 Conrad Trust and Savings Bank /10 C /11 D /12 E /13 First State Bank, Cascade /14 Furman, J.C /15 F /16 Great Falls National Bank

7 2/17 Great Falls National Bank /18 Great Northern Railway /19 G /20 H /1 J /2 K /3 Lewis and Clark County, Clerk and Recorder /4 Lewis and Clark County, County Commissioners /5 Lewis and Clark County, Treasurer /6 Lord, Harry /7 L /8 Merchants National Bank, Billings /9 Montana, Bureau of Agriculture and Labor /10 Montana, Bureau of Agriculture and Labor, Treasurer /11 Montana Audit Company /12 Montana Life Insurance Company /13 Montana Mercantile Company, Dillon /14 Murphy, Homer /15 M /16 National Bank of Montana /17 National Surety Company

8 3/18 Northern Pacific Railway /19 N /20 O /21 R /22 S /23 Teton County, Clerk and Recorder /24 T /25 Union Bank and Trust Company /26 United States, Department of Interior, Reclamation /27 United States Fidelity and Guarantee Company /28 U /29 W /30 American National Bank /31 A /32 George D. Barnard and Company /33 Beach, A.W /34 B /1 Cascade County, Clerk and Recorder /2 Citizens State Bank, Choteau /3 Conrad Trust and Savings Bank /4 C

9 4/5 D /6 E /7 First National Bank, Cando, North Dakota /8 First National Bank, Minneapolis /9 First State Bank, Cascade /10 Furman, J.C /11 F /12 Great Falls National Bank /13 Great Northern Railway /14 G /15 H /16 J /17 K /18 Lewis and Clark County Clerk and Recorder /19 Lord, Harry /20 L /21 Montana Carey Land Board Act /22 Montana Abstract Company /23 Montana Audit Company /24 Montana Fire Insurance Company /25 Mott, LeRoy

10 4/26 Murphy, Homer G /27 Mc /28 M /1 Northern Pacific Railway /2 N /3 O /4 R /5 S /6 Teton County, Clerk and Recorder /7 United States, Department of Interior, Reclamation /8 V /9 Wimmer, S.H /10 W /11 Y /12 American Brewing Company /13 George D. Barnard and Company /14 B /15 C /16 E /17 F /18 H

11 5/19 K /20 Montana Fire Insurance Company /21 M /22 P /23 R /24 State Life Insurance Company /25 United States Fidelity and Guarantee Company /26 W /27 Wells-Dickey Company /28 Willets and Scriver /29 Wimmer, S.H /30 W /31 A /32 C /33 E /34 F /35 L /36 Montana Fire Insurance Company /37 M /38 N /39 S

12 5/40 United States, Land Office /41 Wells-Dickey Company /42 Wimmer, S.H /43 W /1 C /2 G /3 Lewis and Clark County, Clerk and Recorder /4 L /5 R /6 S /7 Teton County, Clerk and Recorder /8 Y /9 B /10 C /11 Great Northern Railway /12 H /13 J /14 K /15 Lewis and Clark County, Clerk and Recorder /16 L /17 Montana State Bank Examiner

13 6/18 Montana Fire Insurance Company /19 M /20 O /21 P /22 S /23 Teton County, Clerk and Recorder /24 U /25 W /26 Y /27 Z /28 B /29 Cascade County, Clerk and Recorder /30 C /31 D /32 F /33 H /34 Lewis and Clark County, Clerk and Recorder /35 Montana Fire Insurance Company /36 M /37 Northern Pacific Railway /38 N

14 6/39 Peters and Smith /40 P /41 R /42 S /43 Teton County, Clerk and Recorder /44 U /45 V /46 Wells-Dickey Company /47 Wimmer, S.H /48 W /49 Abbey, Richard P /50 A /51 Bradstreet Company /52 B /1 Cascade County, Clerk and Recorder /2 Citizens State Bank /3 Commercial National Bank /4 Conrad Trust and Savings Bank /5 C /6 D /7 E

15 7/8 Federal Reserve Bank /9 First National Bank, Cando /10 First National Bank, Great Falls /11 First National Bank, St. Paul /12 F /13 Great Falls National Bank /14 Great Northern Railway /15 G /1 Henningsen Land Company /2 H /3 I /4 J /5 K /6 Lewis and Clark County, Clerk and Recorder /7 Lewis and Clark County, County Commissioners /8 Lewis and Clark County, Treasurer /9 L /10 Montana, State Bank Examiner /11 Montana, State Bank Examiner /12 Montana, Land Department /13 Montana, Secretary of State

16 8/14 Montana, Treasurer /15 Montana Fire Insurance Company /16 Mc /17 M /18 National Bank of Montana /19 Northern Pacific -Railway /20 N /21 O /22 P /1 Rocky Mountain Elevator Company /2 Rocky Mountain Fire Insurance Company /3 Rogers-Templeton Lumber Company /4 R /5 State Life Insurance Company /6 Sun River Valley State Bank /7 Swanberg and Thomas /8 S /9 Teton County, Clerk and Recorder /10 T /11 Union Bank and Trust Company /12 United States, Land Office

17 9/13 United States, Treasury Department /14 United States Fidelity and Guarantee Company /15 U /16 V /17 Wells-Dickey Company /18 W /19 Y /20 Z /21 Abbey, Richard P /22 American National Bank /23 A /24 George D. Barnard and Company /25 Bradstreet Company /26 B /1 Bradstreet Company /2 Commercial National Bank /3 Conrad Trust and Savings Bank /4 C /5 D /6 E /7 Federal Reserve Bank

18 10/8 First National Bank, Cando /9 First National Bank, Great Falls /10 First National Bank, St. Paul /11 F /12 Great Falls Building and Loan Association /13 Great Falls National Bank /14 G /15 Henningsen Land Company /16 H /1 I /2 J /3 K /4 Lewis and Clark County, Clerk and Recorder /5 Lewis and Clark County, Treasurer /6 L /7 Montana, State Bank Examiner /8 Montana, Treasurer /9 Montana Fire Insurance Company /10 Mc /11 M /12 National Bank of Montana

19 11/13 Northern Pacific Railway /14 N /15 O /16 Peters and Smith /17 P /18 Rocky Mountain Elevator Company /19 Rocky Mountain Fire Insurance Company /20 Rogers-Templeton Lumber Company /21 R /22 State Life Insurance Company /23 Sun River Valley State Bank /24 Swanberg and Thomas /25 S /1 Teton County, Clerk and Recorder /2 T /3 Union Bank and Trust Company /4 United States, Department of Agriculture, Forest Service /5 United States, Land Office /6 United States Fidelity and Guarantee Company /7 U /8 V

20 12/9 Wells-Dickey Company /10 W /11 Y /12 Abbey, Richard F /13 American National Bank /14 A /15 Bradstreet Company /16 B /17 Cascade County Clerk and Recorder /18 Commercial National Bank /19 Conrad Trust and Savings Bank /20 C /1 D /2 E /3 Federal Reserve Bank /4 First National Bank, Cando /5 First National Bank, Great Falls /6 First National Bank, St. Paul /7 First National Bank, Valler /8 F /9 Great Northern Railway

21 13/10 G /11 Henningsen Land Company /12 H /13 I /14 J /15 K /16 Lewis and Clark County, Clerk and Recorder /17 Lewis and Clark County, County Commissioners /18 Lewis and Clark County, Treasurer /19 L /1 Montana, State Bank Examiner /2 Montana, Treasurer /3 Montana Fire Insurance Company /4 Montana Life Insurance Company /5 Mc /6 M /7 Northern Pacific Railway /8 Northwestern National Bank /9 N /10 O /11 Peters and Smith

22 14/12 P /13 Rocky Mountain Elevator Company /14 Rocky Mountain Fire Insurance Company /15 R /16 State Life Insurance Company /17 Sun River Valley State Bank /18 S /19 Teton County, Clerk and Recorder /20 T /1 Union Bank and Trust Company /2 United States, Land Office /3 United States, Treasury Department /4 United States Fidelity and Guarantee Company /5 U /6 V /7 Wells-Dickey Company /8 W /9 Y /10 Abbey, R.P /11 American National Bank /12 A

23 15/13 B /14 Cascade County, Clerk and Recorder /15 Citizens State Bank, Choteau /16 Commercial National Bank /17 Conrad Trust and Savings Bank /18 C /19 Dixon, Joseph M /20 D /21 E /1 Federal Reserve Bank /2 First National Bank, Cando /3 First National Bank, Great Falls /4 First National Bank, St. Paul /5 F /6 Great Falls Building and Loan /7 G /8 Henningsen Land Company /9 H /10 I /11 J /12 K

24 16/13 Lewis and Clark County, Clerk and Recorder /14 Lewis and Clark County, County Commissioners /15 Lewis and Clark County, Treasurer /16 L /17 Montana, State Bank Examiner /18 Montana, Treasurer /19 Montana Bankers Association /20 Montana Life Insurance Company /21 Mc /22 M /1 National Bank of Montana /2 Northwestern National Bank /3 N /4 O /5 Peters and Smith /6 P /7 Rocky Mountain Elevator Company /8 Rocky Mountain Fire Insurance Company /9 R /10 State Life Insurance Company /11 S

25 17/12 Teton County, Clerk and Recorder /13 T /14 Union Bank and Trust Company /15 United States, Department of Agriculture Forest Service /16 United States, Land Office /17 United States, Treasury Department /18 United States Fidelity and Guarantee Company /19 U /20 V /1 War Finance Corporation /2 Wells-Dickey Company /3 W /4 Y /5 Abbey, R.P /6 A /7 B /8 Cascade County, Clerk and Recorder /9 Citizens State Bank /10 Conrad Trust and Savings Bank /11 C /12 D

26 18/13 E /14 Federal Reserve Bank /15 First National Bank, Cando /16 First National Bank, Great Falls /17 First National Bank, St. Paul /18 First State Bank, Cascade /19 F /1 Great Falls Building and Loan Association /2 Great Falls National Bank /3 Great Northern Railway /4 G /5 H /6 I /7 J /8 K /9 Lewis and Clark County, Clerk and Recorder /10 Lewis and Clark County, Treasurer /11 L /12 Montana, State Bank Examiner /13 Montana, Treasurer /14 Montana Bankers Association

27 19/15 Montana Life Insurance Company /16 Mc /17 M /18 National Bank of Montana /19 Northwestern National Bank /20 N /21 O /22 Peters and Smith /23 P /24 Rocky Mountain Elevator Company /25 Rocky Mountain Fire Insurance Company /26 R /1 State Life Insurance Company /2 Sun River Valley State Bank /3 S /4 Teton County, Clerk and Recorder /5 T /6 Union Bank and Trust Company /7 United States Land Office /8 United states Fidelity and Guarantee Company /9 U

28 20/10 V /11 War Finance Corporation /12 Wells-Dickey Company /13 W /14 Y /15 Z /16 A /17 B /18 Citizens State Bank /19 Commercial National Bank /20 Conrad Trust and Savings Bank /21 C /1 D /2 E /3 Federal Reserve Bank /4 First National Bank Great Falls /5 F /6 Great Falls National Bank /7 H /8 Lewis and Clark County, Clerk and Recorder /9 Lewis and Clark County, Treasurer

29 21/10 L /11 Mc /12 M /13 National Bank of Montana /14 National Surety Company /15 Northwestern National Bank /16 N /17 O /18 Peters and Smith /19 P /20 Rocky Mountain Fire Insurance Company /21 R /22 S /23 Union Bank and Trust Company /24 United States, Land Office /25 U /26 V /27 War Finance Corporation /1 Wells-Dickey Company /2 W /3 A

30 22/4 B /5 Cascade County, Clerk and Recorder /6 Commercial National Bank /7 C /8 F /9 G /10 H /11 I /12 J /13 Lewis and Clark County, Treasurer /14 L /15 Montana State Bank Examiner /16 Mc /17 M /18 Northwestern National Bank /19 O /20 Peters and Smith /21 P /22 Rocky Mountain Fire Insurance Company /23 R /24 S

31 22/25 T /26 United States, Treasury /27 United States Fidelity and Guarantee Company /28 U /29 War Finance Corporation /30 W /31 Y /32 Abbey, R.P /33 A /34 B /35 Cascade County, Clerk and Recorder /36 C /37 E /8 Federal Reserve Bank /39 First National Bank, Great Falls /40 First National Bank, St. Paul /41 F /42 G /43 H /44 I /45 J

32 22/46 K /47 Lewis and Clark County, Clerk and Recorder /48 Lewis and Clark County, Treasurer /49 L /50 Montana, State Bank Examiner /51 M /52 Northwestern National Bank /53 N /54 O /55 P /56 Rocky Mountain Fire Insurance Company /57 State Life Insurance Company /58 S /59 Teton County, Clerk and Recorder /60 T /61 United States, Treasury /62 United States Fidelity and Guarantee Company /63 U /64 War Finance Corporation /1 A /2 Bradley, A.L

33 23/3 B /4 C /5 D /6 First National Bank, Great Falls /7 F /8 Great Falls Building and Loan /9 G /10 H /11 Lewis and Clark County, Treasurer /12 M /13 National Surety Company /14 P /15 S /16 Teton County, Clerk and Recorder /17 V /18 War Finance Corporation 1926 Series II: Financial Records, linear feet and 10 oversize volumes This series contains financial records generated by the Gilman State Bank. This series includes a complete sequence of condition reports from the institution's opening through closure of public operations and a nearly complete sequence of federal and state tax statements. Also included are incomplete daily and individual account ledgers, insurance policy registers, World War I national finance program documents, real estate loan records, and receivership records. Volume 16 is an unidentified activity ledger. It appears to be a record of oil leases the bank held in collateral. These materials provide insights into the bank's daily operations and role within the Montana's Rocky Mountain Front Range economy. 33

34 Box/Folder 23/19 Condition Report /20 Condition Report /21 Condition Report /22 Condition Report /23 Condition Report /24 Condition Report /25 Condition Report /26 Condition Report /27 Condition Report /28 Condition Report /1 Condition Report 1920 Volume 24/2 Condition Report 1921 Box/Folder 24/3 Condition Report /4 Condition Report /5 Federal Income Tax Return /6 Federal Income Tax Return /7 Federal Income Tax Return /8 Montana State Income Tax Return

35 24/9 War Finance Corporation /1 Receipt Books /2 Receivership Records /3 Receivership Records 1924 Volume 1 General Ledger Daily Statement Book Daily Statement Book Reconcilement of Accounts, Correspondent Banks Register of Drafts, Notes, Certification of Department Cash Book Depositors Ledger Depositors Ledger Depositors Ledger Box-volume OS27/10 Insurance Policy Register, Liverpool and London and Globe OS27/11 Insurance Policy Register, Springfield Fire and Marine OS28/12 Insurance Policy Register, Rocky Mountain Fire OS28/13 Insurance Policy Register, Montana Fire OS29/ Insurance Policy Register, Connecticut Fire 35

36 OS29/15 Insurance Policy Register, Fireman's Fund Volume 16 Ledger Box/Folder 30/1 Record of Real Estate Loans /2 Agreements for Purchase of Liberty Bonds Series III: Legal Documents, folders This series contains legal documents involving the Gilman State Bank, particularly records regarding property holdings and loan foreclosures. Box/Folder 25/4 Court Papers 1922 and undated 25/5 Indemnity Bond /6 Oil, Gas, Mineral Leases /7 Titles and Contracts Series IV: Organization, linear feet This series contains organizational papers generated or collected by officers of the Gilman State Bank. Series materials include information on leadership, meeting minutes, stock disclosures, insurance records, operating forms, building plans, and a file of publications (guides and listings) delivered to the bank as a correspondent within a larger network of banking institutions. Box/Folder 36

37 25/8 List of Directors and Officers /9 Oath of Directors /10 Certificate of Earnings, Dividends and Surplus /11 Proxies /12 Minutes September /13 Minutes Book /1 Bank Insurance /2 Blank Forms undated 26/3 Building Plans /4 Certificates /5 Correspondent Banks /6 Legislative /7 Fireman's Fund Insurance Names and Subjects Subject Terms : Banks and banking--montana--gilman Geographical Names : Gilman (Mont.)--Economic conditions Gilman (Mont.)--Politics and government Finding aid prepared by Jodi Allison-Bunnell and Jack Rowan (2004) 2004 This work is licensed under a Creative Commons Attribution 4.0 International License: Creative Commons Licenses in Archives West: 37

38 38

John S. Owen Company Records,

John S. Owen Company Records, 1875-1955 Summary Information Title: John S. Owen Company Records Inclusive Dates: 1875-1955 Creator: John S. Owen Company Call Number: Eau Claire Mss E Quantity: 204.3 c.f.