20455. Plankinton bank (Plankinton, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 29, 1894
Location
Plankinton, South Dakota (43.716, -98.485)

Metadata

Model
gpt-5-mini
Short Digest
d05daa56

Response Measures

None

Description

Articles (both dated 1894-09-29) refer to the Plankinton bank as 'defunct' and that its accounts are being gone over by an expert accountant for use in an upcoming trial on the part of the state. There is no mention of a depositor run; the bank appears closed and involved in state/legal proceedings, consistent with a suspension leading to permanent closure/receivership. Bank type not specified in text.

Events (2)

1. September 29, 1894 Other
Newspaper Excerpt
The accounts of the defunct Plankinton bank are being gone over this week by an expert accountant for the purpose of using his report in the coming trial at Alexandria on the part of the state. (coverage in multiple newspapers.)
Source
newspapers
2. September 29, 1894 Suspension
Cause
Government Action
Cause Details
Bank described as 'defunct' and accounts are being examined for use in a state trial, indicating closure associated with government/legal action.
Newspaper Excerpt
The accounts of the defunct Plankinton bank are being gone over this week by an expert accountant for the purpose of using his report in the coming trial at Alexandria on the part of the state.
Source
newspapers

Newspaper Articles (2)

Article from Custer Weekly Chronicle, September 29, 1894

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Article Text

DAKOTA. An interesting divorce case was heard before a jury at Parker. The plain. tiff was Station Agent Phinney of Harley, who asked for a divorce from his wife on the ground that she had been cruel to him and that he was afraid to live with her. Mrs. Phinney said the cause of the disturbance was Miss Conklin, pretty assistant of Phinney's in his office. Mrs. Phinney said she came into the office suddenly one day and found the pretty office girl sitting in her husband's lap. She then insisted that her husband discharge the girl. This he refused to do, and out of his relations to the other woman grew the family troubles. The jury was out about an hour and, when it returned a verdict in favor of the defense. A syndicate is being formed at Grand Forks to dispose of the thousands of tons of straw in the valley to farmers of South Dakota, Iowa and Nebraska. whose stock is liable to suffer for want of food during the coming winter. It is estimated that throughout the Red river valley 500,000 tons of straw will be burned during the next sixty days unless some other disposition can be made of it. The scheme is to get this vast quantity under control of one body of men as near as possible and allow the farmers from the drouth stricken states to ship it to their homes or drive their stock here to feed. The Guild hall. belonging to Christ church, Yankton, was almost entirely destroyed by fire. The second floor was occupied by Rev. Wyatt Hamath as a parsonage. The fire originated from the explosion of a gasoline stove in the Kitchen and spread so rapidly and so fiercely that nothing was saved. Mr. Hamath was quite severely burned about the face and hands while endeavoring to check the flames. A remarkable break of nature is presented in a Siberian crabapple tree growing in Dr. Harding's orchard on Ingleside, seldom. if ever, known to occur, says the Black Hills Times. The tree has been a prolific bearer for several years past, but this season it is trying to surpass all previous records by bringing forth two crops. Fully developed fruit and blossoms are now to be seen on the same tree. Many farmers in the central portion of the state have within the past year expended from $400 to $800 on small artesian wells on their farms for the purpose of irrigation. In several instances their additional crop yield has more than paid the cost this year alone when compared with their neighbors where they depended on rainfall. Plowing by steam has become a reality in Codington county. On one farm may be seen two sets of gang plows attached to , threshing engine and by this method twenty-five acres are easily turned over in Asp B u The accounts of the defunct Plankinton bank are being gone over this week by an expert accountant for the purpose of using his report in the coming trial at AlexanIria on the part of the state. The Pierre Daily Capital, now run independently, nails the name of J. A. Ward o the mast head. but continues the republican ticket without break except the governor. Diphtheria has broken out in Canton and other parts of Lincoln county, particcularly in Highland township. in a very malignant form. As yet no deaths have occurred. Charles A. Ryan of Charles Mix county has been bound over at Chamberlain to appear before the next term of the United States court on the charge of countereiting. In Sully county farmers and others hoot horses when they are found trespassng on farm lands. Horses are a drug on he market and it does not pay to herd hem. I. H. Hall, a farmer of Garden Prairie, ost his house and contents by fire caused y a gasoline stove last week. A subscripfor raised 0008 and ion


Article from The Kimball Graphic, September 29, 1894

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Article Text

that he was afraid to live with her. Mrs. Phinney said the cause of the disturbance was Miss Conklin, pretty assistant of Phinney's in his office. Mrs. Phinney said she came into the office suddenly one day and found the pretty office girl sitting in her husband's lap. She then insisted that her husband discharge the girl. This he refused to do, and out of his relations to the other woman grew the family troubles. The jury was out about an hour and, when it returned a verdict in favor of the defense A syndicate is being formed at Grand Forks to dispose of the thousands of tons of straw in the valley to farmers of South Dakota, Iowa and Nebraska, whose stock is liable to suffer for want of food during the coming winter. It is estimated that throughout the Red river valley 500,000 tons of straw will be burned during the next sixty days unless some other disposition can be made of it. The scheme is to get this vast quantity under control of one body of men as near as possible and allow the farmers from the drouth stricken states to ship it to their homes or drive their stock here to feed. The Guild hall, belonging to Christ church, Yankton, was almost entirely destroyed by fire. The second floor was occupied by Rev. Wyatt Hamath as a parsonage. The fire originated from the explosion of a gasoline stove in the kitchen and spread so rapidly and so fiercely that nothing was saved. Mr. Hamath was quite severely burned about the face and hands while endeavoring to check the flames. A remarkable break of nature is presented in a Siberian crabapple tree growing in Dr. Harding's orchard on Ingleside, seldom, if ever, known to occur, says the Black Hills Times. The tree has been a prolific bearer for several years past, but this season it is trying to surpass all previous records by bringing forth two crops. Fully developed fruit and blossoms are now to be seen on the same tree. Many farmers in the central portion of the state have within the past year expended from $400 to $800 on small artesian wells on their farms for the purpose of irrigation. In several instances their additional crop yield has more than paid the cost this year alone when compared with their neighbors where they depended on rainfall. Plowing by steam has become a reality in Codington county. On one farm may be seen two sets of gang plows attached to a threshing engine and by this method twenty five acres are easily turned over in in day The accounts of the defunct Plankinton bank are being gone over this week by an expert accountant for the purpose of using his report in the coming trial at Alexandria on the part of the state. The Pierre Daily Capital, now run independently, nails the name of J. A. Ward to the mast head, but continues the republican ticket without break except the governor. Diphtheria has broken out in Canton and other parts of Lincoln county, particcularly in Highland township, in a very malignant form. As yet no deaths have occurred. Charles A. Ryan of Charles Mix county has been bound over at Chamberlain to appear before the next term of the United States court on the charge of counterfeiting. In Sully county farmers and others shoot horses when they are found trespassing on farm lands. Horses are a drug on the market and it does not pay to herd them. I. H. Hall, a farmer of Garden Prairie, lost his house and contents by fire caused by a gasoline stove last week. A subscription was taken up and $200 raised for hima It Is said that in Yankton county the young lady teachers are vigorously protesting against married ladies as teachers in the public schools. School Superintendent Lange of McCook county received a beautiful silver water set from the teachers attending the late institute of that county. The first artesian well in the ceded Sioux lands west of the Missouri has been struck on the farm of G. S. Grant in Lyman county. The Clay County Fair association feels gratified at the success of the recent fair, both financially and otherwise. The annual meeting of the South Dakota Educational association will be held in Huron in December. Buildings for a cheese factory will be erected at Hitchcock, Beadle county, this fall. A farmer named Ritchiein Hand county struck a flow of gas while sinking n well. A new school for Indian children is being erected at Forest City. The Congregational church at Hudson is without a pastor. Cantonites want their city divided into wards. The brevity of insect life is illustrated in the case of those insects that molest and ruin the mushroom. The latter, whose life is measured by hours. is often ruined by an insect who deposits eggs that hatch out grubs while the mushroom is still apparently in the full vigor of youth. Before the mushroom has reached the tottering age of forty-eight hours the grubs may develop into the full blown insects. The pope has an egg which he rsceived from an English lady on Easter. The shell is made of ivory, its lining is of white satin and the yolk is a golden case containing a large ruby set in diamond the whole is worth upwards of $10,000. In Russia the bishops are beginning to have their miters made of aluminum. This takes n load off their heads, as the ordinary miter weighs five or six pounds, and a metal one only one pound or so. In the Sandwich islands the apple has become wild and forests of trees of many neres are found in various parts of the country. They extend from the level of thesea far up into the mountain side.