Harding County Bank - Buffalo, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 8, 1931
Location: Buffalo, South Dakota (45.584, -103.546)

Metadata

Model: gpt-5-mini
Short Digest: 2b55da27

Response Measures

None

Description

Article states the Harding County Bank suspended Oct 8, 1931 and later paid dividends to creditors, indicating it remained closed and in receivership/liquidation. No run is mentioned. Cause classified as government action because the state banking department announced the suspension and handled dividends.

Events (2)

1. October 8, 1931 Suspension

Cause: Government Action
Cause Details: Bank suspended Oct 8, 1931; suspension announced by the state banking department.
Newspaper Excerpt: the state banking department announced. The bank suspended Oct. 8, 1931.
Source: newspapers

2. December 2, 1932 Receivership

Newspaper Excerpt: second dividend of 10 per cent, amounting to approximately $12,000, has been paid creditors of the Harding County bank of Buffalo, the state banking department announced. The bank suspended Oct. 8, 1931. (published Dec. 13, 1932 referring to Dec. 2 dividend payment). }
Source: newspapers

Newspaper Articles (1)

1. December 13, 1932 Deadwood Pioneer-Times Deadwood, SD

Article from Deadwood Pioneer-Times, December 13, 1932

Click image to open full size in new tab

Article Text

METAL MARKET Bar silver, 25%c. Tin, spot and nearby, 22.70; future, 22.80. Lead, spot, New York, 3.00. DIVIDEND AT BUFFALO PIERRE, Dec. second dividend of 10 per cent, amounting to approximately $12,000, has been paid creditors of the Harding County bank of Buffalo, the state banking department announced. The bank suspended Oct. 8, 1931. RUSSIA AND CHINA TOGETHER GENEVA, Dec. 12.-(P)-Re-establishment of normal diplomatic relations China and Russia, announced here today, was hailed in international quarters as an event having significant bearing of efforts to settle the Chinese-Japanese conflict.