Hill City Bank - Hill City, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 24, 1891
Location: Hill City, South Dakota (43.932, -103.575)

Metadata

Model: gpt-5-mini
Short Digest: f7f9beaf

Response Measures

None

Description

Article (published 1891-04-24) reports Hill City (SD) Bank closed after its cashier, Charles G. Lincoln, mysteriously disappeared and a defalcation is indicated. No run is reported; bank closure appears linked to bank-specific embezzlement/theft. Amount unknown; no later reopening or receiver mentioned in the article.

Events (1)

1. April 24, 1891 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Cashier Charles G. Lincoln mysteriously disappeared; apparent defalcation/embezzlement led to bank closure.
Newspaper Excerpt: CHARLES G. LINCOLN, cashier of the Hill City (South Dakota) Bank, has mysteriously disappeared. The bank is closed and there is no clew to the whereabouts of the cashier. The amount of the defalcation is unknown.
Source: newspapers

Newspaper Articles (1)

1. April 24, 1891 Fisherman & Farmer Elizabeth City, Edenton, NC

Article from Fisherman & Farmer, April 24, 1891

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Article Text

South and West. GENERAL ALBERT PIKE, Grand Commander of the Scottish Rite Masonry of the Southern Jurisdiction and the Chief of the Royal Order of Scotland for this country, died at the home of the Supreme Council of the order, Washington, where he had lived several years. He was born in Boston, Mass., in 1809. O'MALLEY the detective accused of bribery in the Hennessy trial, surrendered to the New Orleans authorities. ERNEST FORBES, the eighteen-year-old colored lad who assaulted Bertha Phipps last November in Anne Arundel County, Md., was hanged at Annapolis. DAVID TAYLOR, Assistant Justice of the Wisconsin Supreme Court, died suddenly at supper table in Milwaukee, aged seventy-one. The cause was heart disease. SNOW fell all over North Alabama a few daysago. The fall was slight, but it was the first April snow in that State in over forty years. THE men employed in the Holmes Mine at Candelaria, Nev, have suffered terribly from the grip. Out of 600 men employed in and about the mine more than 400 have been prostrated and 100 have died. Work in the mine had to be abandoned. CORALSVILLE DAM, several miles above Iowa City, Icwa, burst from the immense pressure of water and a flood swept down the valley, causing considerable damage on its way. A warning was sent down in advance of the flood and all people living in the lowlands fled to higher ground. TWO-THIRDS of the town of Gretna has been submerged by water from the Ames Crevasse. A hastily constructed levee had been built with the view of protecting the town from overflow, but it could not stand the pressure of water against it. THE death rate the first week in April was the highest ever known in Chicago, being 41.60 per 1000 per annum. The deaths numbered 960, of which 509 were from throat and lung diseases. BEEBE, a small town thirty miles east of Little Rock, Ark., was almost swept away by flames. Loss, $55,000. ESCAPING gas from a receiver in the gas works caught fire from the engine room, and in a few moments the finely equipped works of the St. Augustine (Fla.) Gaslight Company were nothing but ruins. THE United States steamship San Francisco sailed from San Francisco Cal., for Chili. CHARLES G. LINCOLN, cashier of the Hill City (South Dakota) Bank, has mysteriously disappeared. The bank is closed and there is no clew to the whereabouts of the cashier. The amount of the defalcation is unknown.