20381. Kendall Banking Company (Howard, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 27, 1894
Location
Howard, South Dakota (44.011, -97.527)

Metadata

Model
gpt-5-mini
Short Digest
6f62ea98

Response Measures

None

Description

Multiple contemporaneous newspaper reports (Nov 27–28, 1894) state the Kendall Banking Company at Howard, S.D. closed its doors and that the state examiner was investigating. No articles mention a depositor run or later reopening; this appears to be a suspension leading to permanent closure.

Events (1)

1. November 27, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed its doors and state examiner was investigating its affairs; county and school funds of $40,000 held there, suggesting bank-specific insolvency/trouble rather than a rumor-driven run.
Newspaper Excerpt
HOWARD, S. D., Nov. 27.-The Kendall Banking Company closed Its doors to-day. The State examiner is looking into its affairs.
Source
newspapers

Newspaper Articles (4)

Article from The Indianapolis Journal, November 28, 1894

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Article Text

World's Cycling Records Reduced. DENVER, Col., Nov. 27.-Bicyclist J. D. Parks, of this city, in an official trial, has reduced the world's class A record for one mile, standing start, unpaced, from 2:22 to 2:19 4-5. In doing this he also made world's records for two-thirds and three-quarters of a mile. Business Embarrassments. GRAND ISLAND, Neb., Nov. 27.-The Security National Bank closed its doors today. It is reported not to be so much of a failure as a disagreement between the officers of the bank. It has a capital stock of $200,000. The deposits are about $50,000, of which $20,000 are county funds. United States Senator George Vest, of Missouri, is largely interested. A. S. Vest is cashier. H. W. Palmer, county treasurer, is president. VICKSBURG, Miss., Nov. 27.-The firm of Switzer, Newwitter & Co., one of the largest dry goods houses in the State, made an assignment to-day to D. J. Shlenker, trustee, and closed its doors. Liabilities, $148,000; assets considerably in excess of liabilities; preferred creditors, $45,000. HOWARD, S. D., Nov. 27.-The Kendall Banking Company closed Its doors to-day. The State examiner is looking into its affairs. The individual deposits are not large, but the county and school funds held in the bank amount to $40,000. COLUMBUS, O., Nov. 27.-The advertising agency of R. L. Watkins, of this city, went into the hands of a receiver, Tod E. Galloway, to-day. CINCINNATI, Nov. 27.-Joseph Wachtel, job printer, assigned to-day, to Frank Seinsheimer. Assets, $10,000; liabilities, $30,000.


Article from Richmond Dispatch, November 28, 1894

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Article Text

Telegraphic Ticks. A brief but violent shock of earthquake was felt in the Tyrol yesterday. The Kendall Banking Company, Howard, S. D., closed Its doors yesterday. Gardner was given the fight at Buffalo with Solly Smith on a foul in the fifth *Yound. For the third week of November the inSouthern railway earned $413,291, an crease of $24,886. The business part of Athens, Ala., was almost destroyed by fire yesterday morning. Loss, $150,000. The big clothing store of A. Nathan, by Great Falls, Mont., was destroyed fire yesterday. Loss probably $200,000. J. M. Johnson was yesterday appointed postmaster at Sophia, Randolph county, N. C., vice S. W. Kivett, Jr., removed. The post-office at Derr. Lincoln county, N. C., has been ordered removed one and a quarter miles west of the old location. Messrs. Switzer, Newitter & Co., of Vicksburg, one of the largest dry -goods houses in Mississippi, assigned Monday. Liabilities nearly $150,000. Surgeon-General Wyman, of the MarineHospital Service, has received information of Rio that cholera prevails in the States Janeiro and Sao Paulo, Brazil. The Cologne Gazette publishes a dispatch from Kiel stating that the Brazilian Government has ordered the construction in Germany of four cruisers. The executive council of the McCarthyite wing of the Irish Parliamentary party have agreed that any men differing from the policy of the party shall be asked to resign. Adolphus Duncan (colored) was convicted in Atlanta yesterday of criminal assault on a white woman, the penalty for which is death, and will be sentenced to hang early in January. A royal decree has been issued at Madrid abolishing public executions, the decree, it is said, being due to the public exposure of the body of Anarchist Salvator Franch, recently executed in BarceIona. A violent shock of earthquake, having motions both undulatory and vertical, was felt at Brosta, Italy, yesterday morning, the shock being followed by rumbling sounds similar to those heard at Bologna and Verona. The New York Court of Appeals yesterday, in the case of the people against John Y. McKane, appellant, affirmed the judgment of conviction for felony rendered in the Court of Oyer and Terminer of Kings county. All the executive departments at Washington will be closed at noon to-day, in order to give the clerks an opportunity to prepare to observe Thanksgiving-Day to-morrow, on which day the departments will be closed. The Security National Bank, of Grand Island, Neb., went into voluntary liquidation yesterday, and the Citizens' State Bank, of the same place, did likewise, the object, it is understood, being the organization of a new bank. Ex-Governor Oden Bowle, of Maryland, was stricken with paralysis at his country house, at Bowie Station, Prince George's county, Monday night, and last night he was reported as resting easily, and in no immediate danger of dissolution. Senator Bradley, of the Lexow Committee, says that he will, at the next session of the Legislature, have the Lexow Committee authorized to go to Brooklyn, and make an investigation there similar to the one made in New York city. The Central News of London has received a dtspatch denying the report of the foundering of the Italian torpedocruiser Monzambano, the facts being that the vessel went ashore and sustained some damage, but was subsequently floated and towed to Venice. A conference of free-silver leaders from all parts of the country is being held at St. Louis, among the champions of the white metal present being General A. J. Warner, Congressman Bryan, H. E. Taubeneck. General Weaver, and Congressman R. P. Bland. A fire started at 2:45 A. M. yesterday in Webb's Hotel, Lyndonville, Vt. which, before it was extinguished, had wiped out the entire business portion of the village, except J. L. Watchis's grocery and Dodge & Watson's furniture store. Loss probably $200,000; insurance, $130,000. The Department of State is still without Information of the alleged Armenian massacres in Turkey, and in the absence of despatches on the subject from Minister Terrell, is disposed to consider the accounts received by Armenians in this country as highly exaggerated. The Cabinet meeting was postponed for the third time yesterday, owing to the absence of the President, whose physician says that while Mr. Cleveland is much better, his rheumatic foot worries him considerably, and It is more prudent that he should remain at Woodley. The New York Herald's special cable from Buenos Ayres says General Avery, representing the Atlanta (Ga.) Exposition, has arrived there from Rio, and says the Brazilian Government has promised an exhibit, and that he was received with the utmost courtesy by all classes in Rio. E. c Hastings, a milkman who lived 307 at Flournoy street, Chicago, shot the and latkilled E. P. Hilliard, a lawyer, in


Article from The Diamond Drill, December 1, 1894

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Article Text

LATER. OWING to the hard times receipts from stamps, stamped envelopes and postal cards fell off over $2,000,000 during the year. PRINCESS BIRMARCK, wife of the exchancellor of Germany, died at Varzin. She had been ailing for some time. JUDGE DALLAS, of Philadelphia, decided that the Reading railroad receivers had the right to discharge an employe who belonged to a brotherhood. THE Security national bank of Grand Island, Neb., was forced to suspend. LAWYER EDWARD P. HILLIARD was shot and killed at his desk in Chicago by Henry C. Hastings, who claimed he had been defrauded of his property. DROUGHT had dried up everything in Oklahoma and prairie fires were doing much damage. IN his annual report Superintendent Brooks says the foreign mail service has attained a high degree of perfection. THE clothing store of A. Nathan was destroyed by fire at Great Falls, Mont., the damage being $200,000. THE Missouri, Kansas & Texas Railway company has put additional armed guards on its express cars on its line going through Indian territory. THE Kendall Banking company at Howard, S. D., closed its doors. JAMES DYAN, John Jones and Henry Taylor were fatally injured by an explosion of gas in the Jack Oak coal mines near Albia, Ia. AMBROSE WOODS, a farmer, and his wife were killed by the cars at Carey, O. GEORGE BARKER, a landscape and scenic photographer of world-wide reputation, died at his home in Niagara Falls, aged 50 years. THE Shelley hoop and stave factory at Holgate, O., was burned down by employes who went on a strike. THE business part of the town of Athena, Ala., was almost totally destroyed by fire, the loss being $150,000. ALMOST the entire business portion of Lyndonville. Vt., was swept by fire, the loss being $200,000. DIRECTOR OF THE MINT PRESTON in his annual report says the gold coinage of the fiscal year ended June 30 last was $99,474,912, the largest ever executed. The silver coinage was $6,977,296. The estimated metallie stock of coin and bullion in the United States was: Gold, $627,293,201; silver, $624,347,757. a total of $1,251,640,958. The net gold exports for the fiscal year were $4,172,665, against $86,892,275 in 1898. The net exports of silver were $81,041,359, against $7,653,831 for the previous year.


Article from River Falls Journal, December 6, 1894

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burg, Miss., failed for $148,000. EMPLOYES who went on a strike burned the Shelley hoopand stave factory, at Holgate, O. AT Carey, O., Ambrose Woods, a farmer, and his wife were killed by the cars. IN Oklahoma drought had dried up everything and prairie fires were do. ing much damage. A. NATHAN'S clothing store was destroyed by fire at Great Falls, Mont., the damage being $200,000. AT Howard, S. D., the Kendall Banking company closed its doors. IN Chicago Lawyer Edward P. Hilliard was shot and killed at his desk by Henry C. Hastings, who claimed he had been defrauded of his property. ON its line running through Indian territory the Missouri, Kansas & Texas Railroad company is put additional armed guards on its xpress cars. FROM the Cherokee legislature a strong delegation will go to Washington to oppose any statehood measure. THE legislature of Alabama reelected John T. Morgan (dem.) as United States senator Warren Reese (pop.) will contest the seat. IN the Bradshaw mountains in Arizona the most wonderful village of cliff dwellers extant was discovered. UNDER masouie auspices the corner stone of a new $100,000 courthouse at Winamac, Ind., was laid. ARMED men went into a faro bank at Baker City, Ore., and took all the money on hand, about $1,160. FLAMES destroyed the business part of the town of Athena, Ala., the loss being $150,000. THE supreme court of Indiana decided the fee and salary law unconstitutional as applied to county treasurers. AT Palerm, Ark., Mrs. W. K. Walters locked her three children in the house and returned to find them all burned to death. FIRE destroyed the business portion of Murdock, Minn. SOME 1,800 feet of the water front of Tacoma slipped into Puget sound, killing two persons. FIRE destroyed the Lozier bicycle factory at Toledo, O., where, 25,000 machines were being constructed, the loss being $500,000.. FLAMES nearly wiped out Metamora, a village in Ohio, seven stores, a church and several residences being destroyed. THE James Lick monument at San Francisco, completed at a cost of $100,000, was unveiled. IN a fire at St. Louis Mrs. Jacob Schoppenhelm and her two children were burned to death. IN the Indian territory the Missouri Pacific abandoned night trains because of the prevailing terrorism. AUGUST MILLER and wife, living near Gettysburg, S. D., were away when their home was burned, together with their three children. AT the age of 78 years ex-Gov- Joseph E. Brown died in Atlanta. He was the war governor of Georgia, was chief justice of the supreme court, and since the war was a United States senator. FRANK SMITH returned to St. Louis, Mo., after a mysterious absence of three years, and found his wife married to James Burns. IN southern Illinois rain broke a drought of two months and benefited growing wheat crops. IN Chicago the Great Western Electrical Supply Manufacturing company failed with liabilities of $300,000 and assets of $700,000. THREE-CARD monte men swindled Henry Stunkle, probably the wealthiest farmer near Wichita, Kan., out of $5,000. IN Arkansas the first rain for four months fell, putting out the forest fires which had done great damage. CAPT. KOLB (pop.) and Col. Oates (dem.) both took the oath of office as governor of Alabama. THE legislature of Wisconsiu will be asked to pass a law compelling saloons to be closed on Memorial day. FOREIGN IGENCE