The Harney Peak Bank at Hill City suspended operations and was relocated to Keystone, reopening under the name Keystone Bank. Suspension appears voluntary for business reasons (insufficient business at Hill City and railroad terminus at Keystone), not due to a run or government action.
Events (2)
1.December 30, 1899Suspension
Cause Details
Directors suspended Hill City operations because insufficient business at Hill City after B. & M. railroad built to Keystone; decided to relocate.
Newspaper Excerpt
The Harney Peak bank at Hill City suspended business last Saturday and moved to Keystone
Source
newspapers
2.January 1, 1900Reopening
Newspaper Excerpt
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.
