Articles (duplicate) report Harney Peak Bank suspended at Hill City and moved to Keystone, opening there as the Keystone Bank on Jan 1, 1900. No run is mentioned; suspension was a relocation due to insufficient local business after the railroad made Keystone the terminus (local economic reason).
Events (2)
1.January 1, 1900Other
Newspaper Excerpt
moved to Keystone, where it opened its doors to the public under the name of the Keystone bank on the first inst.
Source
newspapers
2.January 1, 1900*Suspension
Cause
Local Shock
Cause Details
Directors moved bank because railroad (B. & M.) made Keystone the terminus and there was not enough business to support a bank at Hill City and Keystone.
Newspaper Excerpt
The Harney Peak bank at Hill City suspended business last Saturday and moved to Keystone, where it opened its doors to the public under the name of the Keystone bank on the first inst.
The Harney Peak bank at Hill City suspended business last Saturday and moved to Keystone, where it opened its doors to the public under the name of the Keystone bank on the first inst. The reason given for its removal is that there is not enough business to support a bank at Hill City and one at Keystone. The building of the B. & M. to the laiter place made it necessary for the directors to choose between the two places. and as Keystone will be the terminus of the road it was thought best to make the change.
The Harney Peak bank at Hill City suspended business last Saturday and moved to Keystone, where it opened its doors to the public under the name of the Keystone bank on the first inst. The reason given for its removal is that there is not enough business to support a bank at Hill City and one at Keystone. The building of the B. & M. to the latter place made it necessary for the directors to choose between the ta a places, and as Keystone will be the terminus of the road it was thought best to make the change.
