Western Bank & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: March 9, 1896
Location: Sturgis, South Dakota (44.410, -103.509)

Metadata

Model: gpt-5-mini
Short Digest: 88b4bde8

Response Measures

None

Description

Article identifies P. E. Sparks as receiver of Western Bank and Trust Company (Sturgis). The text does not mention a run or an explicit prior suspension; however assignment of a receiver implies the bank was closed/failed. I classify this as suspension_closure because the bank is in receivership (permanent closure) with no run reported.

Events (1)

1. March 9, 1896 Receivership

Newspaper Excerpt: P. E. Sparks, receiver of Western Bank and Trust company - the Sturgis creamery company, Meade county; motion to dismiss appeal denied without prejudice.
Source: newspapers

Newspaper Articles (1)

1. March 14, 1896 The Kimball Graphic Kimball, SD

Article from The Kimball Graphic, March 14, 1896

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Article Text

Supreme Court Decisions. Pierre, S. D., March 9.-The supreme court has handed down decisions in the following cases: Iowa Investment company vs John Shepard, Kingsbury county: affirmed. P. E. Sparks, receiver of Western Bank and Trust company - the Sturgis creamery company, Meade county; motion to dismiss appeal denied without prejudice. Shickee, Harrison and Howard Iron company vs the city of Rapid City, Pennington county; motion to dismiss appeal denied without prejudice.