20466. First National Bank (Rapid City, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3237
Charter Number
3237
Start Date
December 1, 1897*
Location
Rapid City, South Dakota (44.081, -103.231)

Metadata

Model
gpt-5-mini
Short Digest
66369ca9

Response Measures

None

Description

Newspaper excerpts state a receiver closed up the affairs of the First National Bank of Rapid City and that the receiver's business was finished months later. No run or depositor panic is mentioned — event is a suspension/closure with a receiver.

Events (2)

1. December 1, 1897* Suspension
Cause
Government Action
Cause Details
A receiver (McKinley) was handling and closed up the affairs of the bank, indicating an official receivership/closure by authority rather than a depositor run.
Newspaper Excerpt
Receiver McKinley returned evening from Rapid City, and on nesday closed up the affairs of First National bank. He expects wind up the affairs of the Rapid bank about the first of January.
Source
newspapers
2. April 8, 1898 Receivership
Newspaper Excerpt
T. E. Mackinlay came down from Rapid City Saturday night, having practically finished up his business as receiver of the First National bank of that city. He left last night for Chicago.: Mr. McKinley has not definite ly decided ... (article noting receiver finished affairs). (Note: snippet repeats the article line noting the receiver finished his business.)
Source
newspapers

Newspaper Articles (2)

Article from Hot Springs Weekly Star, December 17, 1897

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Article Text

day. Ge). Cassel went to Whitewood Tue store. Fire engines for sale at Cook's Mrs. Dr. Adams moved into Lampe hall Monday. Five cent Flugkreisel and Archim des at Cook's drug store. Miss Nellie Mower is now managir the telephone central office. Toys of all kinds, dolls of every sha and make, at Cook's drug store. Vic Peterson has the thanks of STAR family for a nice piece of veniso FOR SALE-A few choice son. Plymouth Rock roosters. N.S. Miss Ray Williams has gone to wood father. to spend the winter with Elegant office rooms for rent in Minnekahta block. Inquire of E. Kelly, receiver. One of True Parson's little boys off a wagon Monday and the passed over hisleg, breaking two Rev. A. A. Brown returned Frid from his trip to Seuttle, where he ited his son. He enjoyed himself there very much and thinks that wonderful country. The Eastern Star initiated Mrs. W. Butler and Mrs. J. H. Long the mysteries of the order Tuesd evening, after which the usual able refreshments were served. Mrs. J. C. Bean suffered a rela] the fore part of ths week. from her cent siege of typhoid fever, and been quite sick at the home of daughter, Mrs. W. L. Judkins. The county commissioners will in regular session on Jan. 3rd, the old board will close the of the year, after which D. G. ize. will qualify and the new board Wood you doubt that we wood wood that wood be wood? Well, wood, and it wood be dry wood wood be pleased to get you for a customer. we wood. Transfer, Feed Fuel Co. Receiver McKinley returned evening from Rapid City, and on nesday closed up the affairs of First National bank. He expects wind up the affairs of the Rapid bank about the first of January. Sheriff Eastman returned from his visit to his parents at I berlain, where he went after taking prisoners to Sioux Falls. It is the visit he has made to his parents fourteen years and he therefore splendid visit. John W. Fuson, who resides Buffalo Gap, and is quite well 9 in the southern Hills, was with paralysis of the left side last 4 Thursday, and for a time his life I despaired of. At last reports he improving nicely. John Shortel, one of the pioneers Hot Springs, and a jolly good I was an arrival Sunday from Chadr coming up to make his many friend brief visit. He has been absent almost two years and everybody pleased to see him. The various rooms of the school are making preparations for ercises appropriate to the occasion 9 the last day of the term, Friday, public 24th. cember The


Article from Hot Springs Weekly Star, April 8, 1898

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Article Text

Bring your job work to the STAR. Dr. Howell is down from Deadwood. There will be eleven graduates from the high school this spring. Fresh fish every week at Fargo's. The county commissioners were in session Monday, Tuesday and Wednesday. Santa Bona at Cook's drug store. Mrs. D. L. Burke has rented her ranch south of town to Marv. Parsons for a term of years. The Buffalo Gap Lumber Co. handles lumber, sash, doors. glass, paints and all kinds of building materials; also grain. hay, flour, feed and Sheridanan Victor coal. Phone No 11. tf We have heard about winter lingering in the lap of spring-and now we know she does such mean things once in while. More new wall paper. with wide and narrow border, at Cook's dru store. Comfort Bates returned last week from Oreville where he was in the employ of Captain Marsh. Comfort is engaged here as formerly The best 5 c. cigar is found at Cook's drug store. A. J. Smith of Ragged Top. who has been spending a good part of the winwent to the upper Sunter here, business. Hills day morning to attend to Fargo gives away decorated crockery. Mrs. A. R Anderson is mourning the death of her older brother in by Ohio, tuwhose death was brought on a mor in the head, brought on by lagrippe. Friend, why don't you quit fooling now and do your business with the Far go Mercantile C. It pays big. I have tried it. F. T. Benson does not expect to return to Hot Springs as operator for the B. & M., but will be the relief agent for the Hills division of that road during the summer. FOR SALE.--Good heavy team, five and old. Branded reverse P. W. Hot J. nine years JOYCE, Springs, S.D. Mrs. Palmiter and her daughter, Miss Alta, of Fairburn, who have been sick for some time, have decided to remove to California and will shortly leave for that state. Fargo makes a specialty of special orders in anything, in any line. Dr. J.B. Ellis, who has been visiting this city for the past month and incidentally practicing his profession of dentistry, has returned to his home at in Maquoketa, Ia., much benefited health and having thoroughly enjoyed himself here. Martin Richardson, the Soldiers Home teamster who had his ankle crushed in a runaway some time since, along nicely. is getting He without will not have effective use of his foot a brace as it becamenecessary to remove a part of the ankle bone which had become splintered. Ernest W. Julian of Chadron, ac. by F. J. office train companied dispatcher's Byington of that of city the came in "Sunday morning and spent the day in the city. Ernest is now the business manager of the Chadron ron Journal and says things are com. ing his way in chunks. C.A. Martin of Columbus, Neb., who has been in the Hills on business a of weeks, the latter of which he in Hot Springs, left for spent couple his home his Tuesday evening. He 'enjoyed short stay here 80 well that he will make arrangements to spend a few weeks of the summer in this city. Those who attended Miss Druse's opening more than pleased Easter were millinery with this the week large and beautiful display of new spring styles. The windows and interior of the store were nicely decorated with the new goods and wreathes and festoons of flowers and ribbons. Ballard's Horehound Syrup is the best known remedy for consumption, coughs, colds, and all throat and chest troubles. Every bottle is guaranteed It is the best remedy for children. 25c. and 50c. EMIL HARGENS. T. E. Mackinlay came down from Rapid City Saturday night, having practically finished up his business as receiver of the First National bank of that city. He left last night for Chi cago. Mr. McKinley has not definite ly decided as to his immediate plans. but has his eye open for anything in business way which will bring him and his family to Hot Springs again. There is no remedy equal to Herbine for the cure of constipation. sick head-