Woonsocket State Bank - Woonsocket, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 9, 1891
Location: Woonsocket, South Dakota (44.054, -98.276)

Metadata

Model: gpt-5-mini
Short Digest: 60dbf40a

Response Measures

None

Description

Article (The Kimball Graphic, 1891-01-09) states the Woonsocket bank failure seems to have been a total one with $20,000 gone. No run is described and no specific cause is given in the text; the bank appears to have failed/closed. I therefore classify this as a suspension leading to permanent closure/receivership. OCR of 'Woousocket' corrected to 'Woonsocket'.

Events (1)

1. January 9, 1891 Receivership

Newspaper Excerpt: The Woousocket bank failure seems to have been a total one. $20,000 gone where the woodbine twineth-of which $8,000 was county funds.
Source: newspapers

Newspaper Articles (1)

1. January 9, 1891 The Kimball Graphic Kimball, SD

Article from The Kimball Graphic, January 9, 1891

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Article Text

Mr. and Mrs. A. E. Roberts were in Chamberlain Sunday night. D. W. Butler will leave for a business trip south and west next week. Smuggler, the great trotting stallion, is dead. He was 24 years of age. L. D. Wait and Peter Smith went up to Gann Valley Thursday night. Dance. J. W. Calta has closed out his business in Castalia and gone to Lakefield, Minn. Mrs. O. B. Orcutt is in town, called by the illness of her mother, Mrs. John Barret. Mitchell's new artesian well is down 600 feet with the same flow as the old well. Pat Brady and Miss Annie Malcrone were married in Chamberlain on the 27th ulto. G, W. Sowers was up from Sioux City Monday. Both he and J. B. Ryan live in Morning Side. Thor Satrang has disposed of his stock of goods in Pukwana, and is to move to Inwood, Iowa. Mr. and Mrs. A. E. Roberts expect to leave next week for Osage, Iowa, to re- main until spring. L. D. Bardin is buying horses for the Eastern markets. He will leave about the first of March. Mr. Burn Pinney, of Iowa City, Ia., has been visiting his sister, Mr. V. A. Boyd, the past week. Charley Hooper has pulled out of the White Lake Times and H. C. Morrill is now running the paper alone. Say, my friend, don't borrow this paper. Subscribe for it and thus make two souls happy-yours and the publisher's. A dispatch from J. W. Cone Wednesday morning stated that he was elected chief clerk of the house by three majority. Eastern parties are buying up large tracts of land in Beadle and adjoining counties and stocking them with sheep. L. D. Bardin has bought A. C. Whitbeck's carriage horse. He also boguht a very fine horse of Cornelius Miller this week. Capt. W. V. Lucas came home from the Hot Spring to settle with the commis- sioners. He started back Tuesday morn- ing. W. L. Thorndyke has favored us with late copies of Denver papers showing the rapid development of this wonderful western city. Springfield-this state-has a new ar- tesian well-and a gusher. It throws a solid 8-inch stream 10 feet high. It is 600 feet deep. The Woousocket bank failure seems to have been a total one. $20,000 gone where the woodbine twineth-of which $8,000 was county funds. The woman whose husband had been "roasted" in the newspapers was not far out of the way when she remarked that her goose was cooked. Mrs. W. L. Thorndyke will dispose of numerous articles of household furniture at auction on Saturday, the 17th inst. For particulars see bills. Sir William Richard's nimble hounds ran down a big wolf Sunday. The wolf measured over 5 feet from the tip of his nose to the end of his tail. A murky sky and a dense fog shut out the sun Monday-something very un- usual in this country where the sun shines eight days every week. "A winter fog will kill a dog" is an old saying. But notwithstanding, Monday's fog didn't seem to harm man or beast- though it was decidedly chilly. The OddFellows had a banquet at the Kimball House Monday evening. Mess. Morrell, Lovinger, Brown, Packard, Kep- ler were guests from White Lake. Hereafter, until further notice, J. A. Glass will not open his barber shop on Sundays. His numerous patrons will please govern themselves accordingly. I. A. Weeks has been appointed Deputy County Auditor. If you happen to kill a wolf you can make your affidavit be- fore him as well as before Anditor Ryan. Notwithstanding the pleasant weather of the past two months the hens stand around all day idle. A man who can make hens lay to order never need hunt for a job. If every winter was like this truly this would be an ideal sheep country. There has not been to exceed ten days the past fall or winter in which sheep could not run out and pick their living on the range. An agricultural exchange says to "treat the hogs the best you know how." This advice may be all right, but when a fellow moves away owing four year's subscription you wouldn't feel like using him well, would you? The reason the man who minds the other man's business doesn't get rich, is because the other man whose business he minds isn't generally grateful enough to be reciprocal and mind the business of the man who minds his business. See? A Mitchell genius claims to have a machine in his mind he hasn't made it yet-that will knock the spots off any and all other artesian well drilling out- fits. The papers down there say that a company is to be organized to manufac- ture the new machine in Mitchell. Ground corn $1.00-at the Mill.