Sioux Falls National Bank - Sioux Falls, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2823
Charter Number: 2823
Start Date: June 11, 1887
Location: Sioux Falls, South Dakota (43.550, -96.700)

Metadata

Model: gpt-5-mini
Short Digest: d0b0fdd0a766b947

Response Measures

None

Receivership Details

Depositor recovery rate: 50.0%
Date receivership started: 1924-01-24
Date receivership terminated: 1934-08-10
OCC cause of failure: Run
Share of assets assessed as good: 59.2%
Share of assets assessed as doubtful: 25.3%
Share of assets assessed as worthless: 15.5%

Description

Article is a list of Supreme Court decisions (Press and Daily Dakotaian, 1887-06-11) which includes a case naming Leglie Thompson, receiver of the J. National bank of Sioux Falls (OCR garbled). This indicates the Sioux Falls National Bank had a receiver appointed (closure/receivership). No mention of a depositor run or reopening in the provided text. OCR corrected J. National bank to Sioux Falls National Bank in context.

Events (3)

1. November 23, 1882 Chartered

Source: historical_nic

2. June 11, 1887 Receivership

Newspaper Excerpt: Leglie Thompson, receiver of Da- the J. National bank of Sioux Falls, ... vs. John MoKee. Reversed, ... permitted evidence ... permitting evidence to explain and contradict the endorsement ... (Supreme Court decisions listing).
Source: newspapers

3. January 24, 1924 Receivership

Source: historical_nic

Newspaper Articles (1)

1. June 11, 1887 Press and Daily Dakotaian Yankton, SD

Article from Press and Daily Dakotaian, June 11, 1887

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Article Text

SUPREME COURT DECISIONS. Reversals at the Late Yankton Term r And the Reasons for Such Reversals Information e term of the _Previous At the May supreme Elaborated were court 0 of Dakota the following causes the versed by the court. The action of court is these causes has been previously a given and the reasons for these rever- the sale in the new feature we present to public. We copy from the authorized report of the court: Caroline Voikman, respondent, VS. St. Paul, Minneapolis & railway company, The Omaha Chicago, appellant the eviReversed upon the ground that dence does not make a case of gross negligence, against the defendant, upon which the plaintiff was entitled to re cover, and the court showid have granted the the motion to direct a vordiot for defendant. All justices concurring Biddena Elliott, widow of John Elli ott, deceased, respondent, VS. The Ohioa- comMilwaukee & St. Paul railway the pany, go, appellant. Reversed upon ground that the negligence complained deof was that of a 00 employee of the ceased, and the court erred in refusing All to direct a verdiot for the defendant. justices concurring Pierre water works Co., appellant, VS. Hnghes county, Dakota, respondent. court Reversed, upon the ground that lay erred in holding that no appeal from the decision of the board of county of commissioners when sitting as board equalization. All justices concurring except Justice Thomas, not sitting, Nathan Mysick, respondent, VS Rose Bill and W. W. Bill, appellants. Reyersed, A. on the ground that the court erred in not holding that the premises in controversy were not a homestead. Justice All justices concurring, except Francis, dissenting, and Justice Thomas, not sitting. Leglie Thompson, receiver of Da- the J. National bank of Sioux Falls, kota, First appellant, vs. John MoKee, respondent. Reversed, upon the ground parol that the court erred in permitting evidence to explain and contradiot the endorsement of the defendant upon negotiable paper, and in refusing All to direct a verdiot for the plaintiff. justice concurring except Justice Francie, diesenting. A. A, Polk, appellant, vs. Minnehaha upon county, respondent. Reversed, holdthe ground that the court erred in that the incoming board of commis- of the sioners ing had power to fix the salary district attorney after his qualification and his term of office had commenced All the justicies concurring except Justice Palmer, dissenting. Thomas Purcell, respondent, VS. R, Booth, appellans. Reversed, upon disthe O. ground that the court erred in missing the appeal, and not entertaining jurisdiction of the case upon the justice pleadand record sent up from the of ings the peace. All of the justices con- not carring, except Justice Thomas sitting Bamuel A. Sawyer, Daniel L. Wallace Herman Miller, partners as Sawyer, James and Wallace & Oo.. respondent, VS. the Rector, appellant. Reversed, bankrupt- upon ground that the discharge in be eolwas conclusive and could not erred t laterally cy attached, and the court All the not finding for defendant. Justice justices in concurring except Thomas, not Hitting. Samuel Karr, respondent, VB, Chicago r & Northwestern railway company, apd pellant. Reversed, upon the ground the that the court erred in dismissing entertain d the appeal, and in declining to determine jurisdiction of the case and to record questions of law apparent of r the and raised by the appeal. All justices h concurring Charles W. Buttz, respondent, VS. e is Joseph L. Cotton, appellant. Reversed evidence the ground that the parole sustain a if upon agreement relied upon to of that specific performance. was not charsatisfactory and conclusive of equity 'B clear, that will warrant a court nor e acter granting the relief prayed for; e in there any such part performance statute as was the case out of the would frauds. take All the justices ooncurring and a of Justice Palmer, dissenting, been of e Justice except MoConnell, having xdid not in the case. at counsel, N. Sohuster, A. Sohuster, J. M Is A. and E. H. Parton, 00 partners VB at Blackmore N. Schuster & Co. appellant, e as Knat A. Thompson and O. T. Thompson reoo-partners as K. Thompson the & Co, h. at spondents. Reversed npon evidence ground the court erred in allowing by rea le that injury to defendant's business permitting is of son of attachments and in set 10 bond in attachment to be in up which as on the claim to the main claim justicer e counter attachment was issued. All no e nconcurring the except Justice Thomas in he sitting. E, Wood, respondent, 78. The county board en B. county commissioners of Cass the on of Dakota, appellant. Reversed, the on intro that the court erred in justice on ground duction of the evidence. All ed concurring.