20302. Black Hills Trust & Savings Bank (Deadwood, SD)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
savings bank
Start Date
January 9, 1924
Location
Deadwood, South Dakota (44.377, -103.730)

Metadata

Model
gpt-5-mini
Short Digest
b89095c9

Response Measures

None

Description

Article states James Valley Bank closed here Jan. 9 and depositors met later to organize a new bank to take over its affairs and open without loss to depositors. No explicit run is described; sequence indicates a suspension/closure followed by plans to reopen as a new bank, so classified as suspension_reopening. Cause of suspension not specified in the text.

Events (2)

1. January 9, 1924 Suspension
Cause Details
Article only reports the bank closed here Jan. 9; no explicit cause (no run or reason) is given.
Newspaper Excerpt
Plans looking towards the organization of a new bank to take over the affairs of the James Valley Bank closed here Jan. 9, were taken when the depositors met.
Source
newspapers
2. February 22, 1924 Other
Newspaper Excerpt
Plans looking towards the organization of a new bank to take over the affairs of the James Valley Bank closed here Jan. 9, were taken when the depositors met, went over the situation and were advised how a new bank could be opened without loss to them.
Source
newspapers

Newspaper Articles (2)

Article from The Mellette County Pioneer, February 22, 1924

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Article Text

brought about earlier than if only one pool were operated. The winter pool, therefore, will close receipts of wheat on March 1 and the wheat received after March 1 will be placed a summer pool to be closed in July. Pierre.-County auditors over the state are reporting freak answers sent back on the registration cards sent out to voters who are required under the law to register their party affiliations before the primary election. Apparently a few voters look upon this as an attempt to interfere with their poliical rights, and SO state on the cards returned, while the main complaint is that only a small percentage make any return at all. Yankton.-Gov. R. A. Nestos, of North Dakota, one of the leading Laitheran laymen of the northwest, will be a headline speaker at the South Dakota Luther League convention to be held in Yankton, June 12 to 15, by delegates from over the district which comprises Wyoming, Nebraska, Colorado and South Dakota. Sioux Falls.-One of the first seaplanes to be received in this section now is in the possession of Mundale, Tennant and Dow, Sioux Falls aviators, who expect to operate it for passenger flights ,during the coming season, at one of the summer resorts near here. The plane is a Boeing model, three-passenger ship. De Smet.- A program is arranged for the two day meeting for Kingsbury county people to be held here during balanced agriculture week, March 3 to 9. In connection with the two-day session March 3 to 4, there will be a crops show, with a premium list provided for by the business men of this city. Piedmont.-Piedmont is rapidly becoming a shipping point of considerable importance. During the month of January, approximately 175 carloads of freight were shipped in and out over its two railroads. This freight consisted mainly of logs, lumber, livestock, hay and grain, lime and plaster. Pierre.-The state game department estimates that there are now about two thousand elk in the Black Hills from the herds started several years ago. In the state park 50 head were located 10 years ago, and this herd is estimated to have grown to about eight hundred. Pierre.-Paid hail insurance losses for 1923 total $1,341,132, involving 10,752 adjusted claims with an average cost of $3.42 for each adjustment, according to a preliminary report complete up to February 1, announced by D. E. Walker, deputy hail insurance commissioner. Huron.-Plans looking towards the organization of a new bank to take over the affairs of the James Valley Bank closed here Jan. 9, were taken when the depositors met. went over the situation and were advised how a new bank could be opened without loss to them. Vermillion.-A "Sterling for senator" club is being formed among students of the university who favor Senator Sterling's candidacy for renomination to the United States senate. The club will be directly connected with the state headquarters at Huron. Parker.-The city water supply is running short, and the council is having the wells on the court house hill cleaned out, with hope that more water will appear. It is feared that deeper wells will have to be dug before an adequate supply can be found. Groton.-Records of the Milwaukee railroad here show that during the past 12 months about 300 carloads of cattle and hogs went to the markets from Groton. Livestock shipments out of Groton at this time are exceedingly heavy. Redfield.-Fire caused by the explosion of an alcohol stove which ignited a large can of alcohol, gutted the drug store of Schmidt and Curtis here. The Redfield fire department controlled the blaze in a few minutes. Pierre.-Outside of the rural credits bonds, which are not a tax against the people of the state, but are secured by real estate mortgages, of the per capita of indebtedness South Dakota is $22.27. Pierre.-Senator Norbeck has introduced bills in congress for the construction of bridges over the Missouri river at Pierre and Forest City. Deadwood.-The Black Hills Trust and Savings bank of this place, which voluntarily closed its doors, hopes to reorganize soon. Pierre.-The State Rural Credits board has sold $3,000,000 worth of credits. rural


Article from The Miller Press, February 28, 1924

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Article Text

wheat on March 1 and the wheat re ceived after March 1 will be place in a summer pool to be closed in July Pierre.-County auditors over the state are reporting freak answers sent back on the registration card sent out to voters who are required under the law to register their part affiliations before the primary elec tion. Apparently a few voters lool upon this as an attempt to interfer with their polical rights, and se state on the "ards returned, while the main complaint is that only a smal percentage make any return at all. Yankton.-Gov. R. A. Nestos, o North Dakota, one of the leading Lutheran laymen of the northwest will be a headline speaker at the South Dakota Luther League con vention to be held in Yankton, Jun 12 to 15, by delegates from over th district which comprises Wyoming Nebraska, Colorado and South Da kota. Sioux Falls.-One of the first sea planes to be received in this section now is in the possession of Mundale Tennant and Dow, Sioux' Falls avia tors, who expect to operate it fo passenger flights during the coming season, at one of the summer resort near here. The plane is a Boeing model, three-passenger ship. De Smet.- A program is arrange for the two day meeting for Kings bury county people to be held her during balanced agriculture week March 3 to 9. In connection with the two-day session March 3 to 4, there will be a crops show, with a premium 1' provided for by the business mer of this city. a..-Piedmont is rapidly be coming a shipping point of consider able importance. During the month o January, approximately 175 carload of freight were shipped in and ou over its two railroads This freigh consisted mainly of logs, lumber, live stock, hay and grain, lime and plaster Pierre-The state game depart ment estimates that there are nov about two thousand elk in the Black Hills from the herds started severa years ago. In the state park 50 hea were located 10 years ago, and thi herd is estimated to have grown t about eight hundred. Pierre.-Paid hail insurance losse for 1923 total $1,341,132, involving 10,752 adjusted claims with an aver age cost of $3.42 for each adjustment according to a preliminary repor complete up to February 1, announce by D. E. Walker, deputy hail insur ance commissioner. Huron.-Plans looking towards th organization of a new bank to tak over the affairs of the James Valle Bank closed here Jan. 9, were take when the depositors met, went ove the situation and were advised how a new bank could be opened withou loss to them. Vermillion.-A "Sterling for sens tor" club is being formed amon students of the university who favo Senator Sterling's candidacy for re nomination to the United State senate. The club will be directly con nected with the state headquarter at Huron. Parker.-The city water supply i running short, and the council is hav ing the wells on the court house hil cleaned out, with hope that more water will appear. It is feared tha deeper wells will have to be dug be fore an adequate supply can be found Groton.-Records of the Milwauke railroad here show that during the past 12 months about 300 carloads o cattle and hogs went to the market rom Groton. Livestock shipment out of Groton at this time are exceed ngly heavy. Redfield-Fire caused by the ex plosion of an alcohol stove whi I gnited a large can of alcohol, gutte the drug store of Schmidt and Curti here. The Redfield fire department controlled the blaze in a few minutes Pierre.-Outside of the rura redits bonds, which are not a tax against the people of the state, but are secured by real estate mortgages the per capita of indebtedness o South Dakota is $22.27. Pierre.-Senator Norbeck has intro luced bills in congress for the con struction of bridges over the Missour iver at Pierre and Forest City. Deadwood-The Black Hills Trus and Savings bank of this place, which voluntarily closed its doors, hopes to soon reorganize