20251. Hughes County Bank (Blunt, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1915*
Location
Blunt, South Dakota (44.512, -99.992)

Metadata

Model
gpt-5-mini
Short Digest
8d615efe

Response Measures

None

Description

Contemporary articles (Jan–Feb 1915) report the Hughes County Bank of Blunt 'suspension' and refer to a receiver (J. L. Lockhart/Leckhart). No article describes a depositor run or a reopening; a receiver was in place, indicating permanent closure/receivership. Cause of suspension is not given in the clippings, so classified as unknown/other.

Events (2)

1. January 1, 1915* Suspension
Cause Details
Newspapers report the bank 'suspended' but give no specific cause or trigger in the provided excerpts.
Newspaper Excerpt
Owing to the suspension of the Hughes County Bank of Blunt which is largely owned by his brother Mr Waite decided to tender his resignation
Source
newspapers
2. January 14, 1915 Receivership
Newspaper Excerpt
J. L. Lockhart, receiver Hughes County Bank at Blunt, was at that place Tuesday.
Source
newspapers

Newspaper Articles (3)

Article from The Miller Press, January 7, 1915

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Article Text

Announcement Mr E. F. Waite has retired from the Presidency of the Hand County State Bank of Miller. Owing to the suspension of the Hughes County Bank of Blunt which is largely owned by his brother Mr Waite decided to tender his resignation in order that the Hand County State Bank of Miller will not be in any manner affected by any personal matter in which Waite Bros. may be concerned. There is absolutely no connection or business relation existing between the Hand County State Bank of Miller and the Hughes County Bank of Blunt. Mr W J. Halbower has been elected to fill the office of President, J T. McCullen Vice President, G E. Richardson will continue as Cashier and J M. Williams as Ass't. Cashier. The bank is in first class condition having a combined capital, surplus and undivided profit of over $50,000 and at the close of business January 2nd over 49 per cent cash reserve on hand being nearly 2½ times the regular reserve required by the banking law. We especially invite your attention to the regular called report by the Public Examiner under date of Dec. 31st as appears in this issue. Hand County State Bank.


Article from Pierre Weekly Free Press, January 14, 1915

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Article Text

For Sale-Golden Laced Wy Cockerels.-772 Euclid Ave. tisement. P. W. Dougherty, state r commissioner, is spending a fe in Aberdeen. Mrs. T. B. Roberts, jr., was to the hospital Tuesday, and ported quite ill. Miss Buth Brink left Mone Chicago, where she will at school for nurses. Mrs. L. L. Stephens enterta number of ladies at bridge at he Tuesday afternoon. J. L. Lockhart, receiver Hughes County Bank at Blur far that place Tuesday. Miss Arvilla Edgar entertain Queen Esther society at the home Monday evening. Mrs. E. E. Paddock was r from the hospital Tuesday and I her home at Carpenter. Wm. Habel came up from Tuesday and will remain in Pier til the close of the session. Mr. and Mrs. C. H. Barber e from Fielder Monday for a days' visit with friends. J. E. Payne of Vermillion, of B. S. Payne, was an arriva day for a short stay in Pierre. Mr. and Mrs. Louis Greeno rived last week from Montar visit at the Greenough home. T. W. Gillis arrived last wee Osage. Iowa, for a visit w brother, E. J. Gillis and fami John Hirning and son retur their home at Faulkton Tuesda spending several days in the cit Mr. and Mrs. J. J. Murphy tained the legislative delegatic Turner county at dinner Sund Mrs. Chas. L. Hyde and Mrs Dudley entertained the lady of the St. Charles Saturday afte Miss Clara Farmer has acc position as stenographer in ti engrossing and enrolling depa Mrs. Smith-Campbell left Sa for her home at Dell Rapids, several days' visit at the Robinson home. Mrs. B. A, Cummins enterta dozen friends at her home Satur ternoon, the guests of honor Miss Elizabeth Albert of Milv and Mrs. Frank Glasner. January daily this week di fine balmy weather, with the 1 sufficiently high in the scale to a midwinter thaw. More m snow is reported on country road A special election will be Stanley county on Jan. 26 at time officers and the county 8 the two new counties will be 8 Stanley county was divide three counties at the Novembe tion. The jack rabbits are SO t the vicinity of Pierre that mu age is being done to the alfalf Hunting parties have been or and hundreds of the anima been killed, but the rabbits n rapidly. Onida Watchman: A daugh born to Mr. and Mrs. M. B. Ha the Otis E. French home S morning. Mother and daugh doing nicely and Manley came Pierre for a day to become ace 8 with the new arrival. Huronite, 8: Seventeen b were shipped through here thi ing from Ft. Pierre to John R of Spirit Lake, Iowa. The over the C. & N. W. by way CT ton. Train Baggageman F. of Wessington being in charg consignment. "-Bob Evans, 72 years old, v given a 5 year term in the pe ary at Sioux Falls, is to be on account of failing health. is favorably known in Pierre


Article from Pierre Weekly Free Press, February 4, 1915

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Article Text

Judge J. H. McCoy spent the first of the week at Aberdeen. Attorney I. A. Churchill of Huron, is in the city on legal business. Mrs. Frank Chladek of Redfield is a guest at the Chas. Rohrer home. Wm. Atherton came up from Huron Tuesday on a short business trip. J. 1. O'Donnell, deputy state auditor, spent Sunday at his home in Onida. Mrs. T. F. Riggs underwent an operation for appendicitis at the hospital Tuesday. Mrs. J. P. Erickson entertained the Baptist Aid society at her home yesterday afternoon. Mrs. M. W. Case left Friday for her home at Omaha, following a visit with relatives here. Miss Lucy Schwem returned Monday to Deadwood, after a week's visit with friends here. Mr. and Mrs. L. A. Munson have gone to Minneapolis and St. Paul for a several days' visit. B. A. Cummins returned Monday from a several days visit in Chicago and the Twin Cities. The Highmore and l'ierre basket ball teams will play at the high school tomorrow night. Mrs. Thor Soleglad entertained the choir of the Lutheran church at her home Friday evening. A. W. Ewert, John Davy and N. B. Gearhart went to Sioux City Monday on a short business trip. The Ladies Aid society of the Evangelical church met this afternoon at the John Robinson home. Miss Gladys Platts entertained the members of her Sunday School class at her home Monday evening. Mrs. J. I. Dalton left Saturday for her home at Sioux Falls, after a few days visit with Pierre friends. J. L. Leckhart, receiver of the Hughes County Bank at Blunt, spent Sunday with homefolks in Pierre. Mrs. J. H. McCoy entertained a company of ladies Tuesday in honor of her guest, Mrs. J. L. Brown of Aberdeen. Mr. Magness of St. Lawrence, father of Representative B. F. Magness, died at his home at that place last week. Miss Esther Arp was hostess to the stenographers of the house of representatives at the Kenney apartments at the St. Charles Tuesday evening. Mr. and Mrs. Ole Dahl have rented the Westlund residence near the capitol and will continue the keeping of boarders and roomers at that popular home. Arthur Brown and wife of Wasta, have been placed under arrest by O. K. Stablein, state insurance commissioner, charged with being responsible for the fire at that place last July. I. M. Dotson, undertaker, went to Blunt yesterday to take charge of the remains of Mr. Reid, who died at that place of heart trouble. The remains were shipped to Ohio for interment. Dupree News: Miss Irene Ewing, who is employed as a trained nurse in one of the Aberdeen hospitals, came in Monday night on a visit to her mother, Mrs. Louise Muth, and other relatives and friends. The Moochers, a newly organized club of young men, have opened up club rooms in the Hyde block and are furnishing up their quarters with up-to-date fixtures, having already made the purchase of a pool table. ### Pierre Lodge A. F. & A. M. Pierre Lodge A. F. & A. M. will hold a smoker at their hall in Temple Court Saturday evening. A large number of visiting Masons from over the state will be in attendance and the local members are planning an elaborate social affair. Willard Flanders who was found guilty by a jury in the court at Sheridan of the murder of his wife and Sam Schultz, near Hulett, last July, was sentenced January 20th, by Judge Parmalee to be hanged at sunrise on May 7th. Flanders did not show the slightest sign of emotion when sentence was pronounced. Motion for a new trial was overruled. The Belle Fourche alfalfa meal mill is grinding now. Because of the continued cold weather the demand for meal has not been very brisk. But with the coming of fair weather the plant will now be busy till early in the summer. The manage-