Meade County Bank - Sturgis, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 14, 1897
Location: Sturgis, South Dakota (44.410, -103.509)

Metadata

Model: gpt-5-mini
Short Digest: b5f64e30

Response Measures

None

Description

Article (Hot Springs Weekly Star, Jan 22, 1897) reports the First National Bank of Sturgis' cashier H. E. Perkins issued an open letter (Jan 14) announcing the bank's retirement from business; the institution was absorbed by the Meade County Bank and operations continued at the old stand. No run is described; this appears to be a voluntary winding-up/absorption.

Events (1)

1. January 14, 1897 Suspension

Cause: Voluntary Liquidation
Cause Details: Cashier issued open letter announcing retirement from business; bank absorbed by Meade County Bank and replaced at the same location.
Newspaper Excerpt: H. E. Perkins, the cashier of the First National bank of Sturgis, issued an open letter Jan. 14th. announcing its retirement from business. The institution has been absorbed by the Meade County bank which begins business under very favorable conditions the First National's old stand.
Source: newspapers

Newspaper Articles (1)

1. January 22, 1897 Hot Springs Weekly Star Hot Springs, SD

Article from Hot Springs Weekly Star, January 22, 1897

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Article Text

the result of a smart push for the sale of town lots. Lots are being sold for high prices without the shadow of a title, patent not yet having been applied for. Elegant office rooms for rent in the Minnekahta block. Inquire of E. S. Kelly, receiver. Hot Springs is having a characteristic scolding match over the electric light and power problem. The mayor roasts the council in a three-column proclamation and everybody accuses somebody else of standing in with somebody to swindle the city. Those fellows should be able to see that they are killing their town by their fool quarrels.-Sturgis Record. Go to Pike's studio for platino photos -the latest and finest thing out. H. E. Perkins, the cashier of the First National bank of Sturgis, issued an open letter Jan. 14th. announcing its retirement from business. The institution has been absorbed by the Meade County bank which begins business under very favorable conditions the First National's old stand. James Halley, the president of the Bank of Hot Springs, will be cashier. Go to Wm. Franklin's, opposite the Gillespie, for a nobby hair cut or a smooth shave. The Ragged Top country is a sure thing, so far as newspapers are concerned. Two journals have started out to grow up with the region, the Ragged Top Shaft and the Balmoral Advertiser. Herbert Bottenberg is the guiding genius of the Shaft and Warren & Sharpe the promulgators of the Advertiser's destiny. Here's to you, fellows, in the name of the craft for good fortune. We handle Rock Springs and Glen rock coal. Hesnard's Dray line. The Ladie Aid society of the Baptist church met at the pleasant home of Mrs. J.J. McCurdy on Wednesday afternoon. The ladies who were so fortunate as to be present, twelve in number, were delightfully surprised by being served with a delicious luncheon. This is a new departure in meetings of this society and the innovation was greatly enjoyed by those present. The Buffalo Gap Lumber Co. handles lumber, sash, doors, glass, paints and all kinds of building materials: also grain, hay, flour, feed and Sheridan and tf Victor coal. Phone No. 11. The ladies of the Baptist church will serve dinner at the Minnelusa hotel on Saturday (tomorrow) noon for which the small sum of ten cents will be d charged. This is cheaper than one can eat at home and the probabilities are the meal will be as good as or better than one will find at home. It is unnecessary for the STAR to expatiate upon the excellence of these ten cent dinners. Those who have tried them know that they are all right. All are d welcome. Best coal in the market at Hesnard's J. C. Jones of Whitewood, who has been for the past few weeks in the Soldier's Home at Hot Springs, was in Deadwood Saturday. He speaks very highly of the home and its management. He obtained great relief from his rhuematism while there. The baths in connection with the Home are g fully as efficient as any in the famous health resort. There are now 150 veta erans in the Home and nearly every g one of them is pleased with the surroundings. Of course, among such a 3 number, there are a few cranks who make life a weary burden to those who associate with them, and as a rule they y are left severely alone.-Deadwood a Times. g it Carpet and rug weaving done neatly, and quickly by Mrs. S. F. Coleman 36 College hill. Prof. Don C. Hall, the renowned g hypnotist, mesmerist, mind-reader and magnetic healer, assisted by Miss Carrie Crocker and Dr. H. M. Carson, in the most sensational scientific lectures