Commercial & Savings Bank - Sioux Falls, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: August 8, 1932
Location: Sioux Falls, South Dakota (43.550, -96.700)

Metadata

Model: gpt-5-mini
Short Digest: ed70f77a

Response Measures

None

Description

Article (Aug 8, 1932) describes the state bank superintendent petitioning to sell properties of the 'defunct Commercial & Savings [Bank]' in Sioux Falls, indicating the bank had been closed and placed under superintendent/receiver control. No run or reopening is mentioned. Classified as suspension_closure (suspension followed by permanent closure/receivership).

Events (2)

1. August 8, 1932 Other

Newspaper Excerpt: Judge John T. Medin has signed Monday, August 22 as the date for an circuit fixing Monday, 22 the hearing on the petition.
Source: newspapers

2. * Receivership

Newspaper Excerpt: petition by E. Ruden, state bank superintendent, for the sale certain properties to the defunct Commercial & Savings Sioux Falls.
Source: newspapers

Newspaper Articles (1)

1. August 8, 1932 Argus-Leader Sioux Falls, SD

Article from Argus-Leader, August 8, 1932

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Article Text

Petition for Land Sale Filed in Court Tract Northwest of Humboldt Included in Petition of Bank Superintendent A 160-acre tract of farm land in Clear Lake township, located about five mile northwest of Humboldt figures in petition by E. Ruden. state bank superintendent, for the sale certain properties to the defunct Commercial & Savings Sioux Falls. Judge John T. Medin has signed Monday, August 22 as the date for an circuit fixing Monday, 22 the hearing on the petition. The Minnehaha county tract described the southeast quarter of section township range 52. The superintendent also petitions for right to sell other property of the bank. including tract of land in Hidalgo county Texas, land in Burleigh North Dakota, and also land Miner. Beadle and Kingsbury couhties in this state.