17550. Hughes County Bank (Blunt, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 16, 1917
Location
Blunt, South Dakota (44.512, -99.992)

Metadata

Model
gpt-5-mini
Short Digest
389fb3367a6ab9ea

Response Measures

None

Description

Articles (Nov 1917) state the Hughes County Bank of Blunt was under suspension and that the Public Examiner (John Hirning) was in charge and ordered sale of bank real estate by court order dated November 16, 1917. This indicates a government examiners' intervention and asset liquidation consistent with permanent closure/receivership. No article describes a depositor run.

Events (3)
1. November 16, 1917 Suspension
Cause
Government Action
Cause Details
Court order placing the bank under suspension and Public Examiner John Hirning placed in charge; assets ordered sold.
Newspaper Excerpt
in pursuance of an order of the Circuit Court of Hughes County, made on the 16th day of November, 1917... In the matter of the suspension of the Hughes County Bank of Blunt, S. D., a Banking Corporation.
Source
newspapers
2. November 17, 1917 Receivership
Newspaper Excerpt
the undersigned, John Hirning, as Public Examiner of the State of South Dakota in charge of the above named bank, will sell on competitive bids... Dated this 17th day of November, 1917. JOHN HIRNING, Public Examiner.
Source
newspapers
3. December 31, 1917 Other
Newspaper Excerpt
Sealed bids will be received not later than the 31st day of December, 1917, at the office of the Department of Banking and Finance at Pierre, South Dakota, and that said real property will be sold for cash... certified check or draft equal to ten per cent... must accompany each bid.
Source
newspapers

Newspaper Articles (2)
1. November 22, 1917 Pierre Weekly Free Press Pierre, SD
Article from Pierre Weekly Free Press, November 22, 1917

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Article Text

Notice of Sale of Real Estate. State of South Dakota In Circuit Court Sixth Judicial Circuit County of Hughes In the matter of the suspension of the Hughes County Bank of Notice of Sale of Real Blunt, S. D., a Banking Corporation. Estate. Notice is hereby given that in pursuance of an order of the Circuit Court of Hughes County. made on the 16th day of November, 1917, the undersigned, John Hirning. as Public Examiner of the State of South Dakota in charge of the above named bank, will sell on competitive bids to the highest bidder for cash, the following described real property: The South half (1/2) of Section Fifteen (15), Township One Hundred Thirteen (113). Range Seventy-six (76). and the Southeast quarter (1/2). of Section Two (2), Township One Hundred Thirteen (113), Range Seventy-five (75). Sully County, South Dakota. The Northwest quarter of Section Fifteen (15). Township One Hundred Twelve, Range Seventysix (76). Hughes County, South Dakota. Sealed bids will be received not later than the 31st day of December. 1917, at the office of the Banking and Finance at Pierre, South Dakota, and that said real property will be sold for cash to be paid on the execution and delivery of a conveyance to said property, and the right to reject any and all bids is reserved: no sale will be completed nor conveyance delivered without the approval of the court. Notice is further given that a certified check or draft equal to ten per cent of the whole amount thereof, must accompany each bid. and rejected bids with their certified checks will returned to the respective bidders immediately upon the rejection of such bids, Dated this 17th day of November. 1917. HIRNING,

2. November 29, 1917 Pierre Weekly Free Press Pierre, SD
Article from Pierre Weekly Free Press, November 29, 1917

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Article Text

Notice of Sale of Real Estate. In Circuit Court State of South Dakota } County of Hughes Sixth Judicial Circuit In the matter of the suspension of the Hughes County Bank of Notice of Sale of Real Blunt. S. D., a Banking Corporation. Estate. Notice is hereby given that in pursuance of an order of the Circuit Court of Hughes County. made on the 16th day of November, 1917. the undersigned, John Hirning. as Public Examiner of the State of South Dakota in charge of the above named bank. will sell on competitive bids to the highest bidder for cash, the following described real property: The South half (1/2) of Section Fifteen (15), Township One Hundred Thirteen (113). Range Seventy-six (76), and the Southeast quarter (1/4), of Section Two (2), Township One Hundred Thirteen (113). Range Seventy-five (75), Sully County, South Dakota. The Northwest quarter of Section Fifteen (15). Township One Hundred Twelve, Range Seventysix (76). Hughes County, South Dakota. Sealed bids will be received not later than the 31st day of December, 1917, at the office of the Department of Banking and Finance at Pierre, South Dakota, and that said real property will be sold for cash to be paid on the execution and delivery of a conveyance to said property, and the right to reject any and all bids is reserved; no sale will be completed conveyance delivered without the approval of the court. Notice is further given that a certified check or draft equal to ten per cent of the whole amount thereof, must accompany each bid and rejected bids with their certified checks will be returned to the respective bidders immediately upon the rejection of such bids. Dated this 17th day of November, 1917. JOHN HIRNING, Public Examiner.