Stock Yards Bank - South St Paul, MN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 4, 1897
Location: South St Paul, Minnesota (44.893, -93.035)

Metadata

Model: gpt-5-mini
Short Digest: ffbbb2b3

Response Measures

None

Description

All articles report that Judge W. H. Sullivan (or M. H. / William H. Sullivan in OCR variants) is receiver of the Stock Yards/Stockyards Bank at South St. Paul and has declared dividends. This indicates the bank was placed in receivership (closed) and is liquidating; no run is described in the articles. OCR shows minor variations in the receiver's initials and the bank name spacing; corrected to Stock Yards Bank and Judge W. H. Sullivan in notes.

Events (2)

1. August 4, 1897 Other

Newspaper Excerpt: It is expected that another dividend will be made about Nov. 1, and eventually the creditors will receive, if not quite dollar for dollar, nearly all, upon their claims.
Source: newspapers

2. August 4, 1897 Receivership

Newspaper Excerpt: Judge M. H. Sullivan, receiver of the Stockyards bank, at South St. Paul, has declared a second dividend of 17 per cent, making a total of 55 to date.
Source: newspapers

Newspaper Articles (4)

1. August 5, 1897 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, August 5, 1897

Click image to open full size in new tab

Article Text

Another South St. Paul Dividend. Special to the Globe. HASTINGS, Minn., Aug. 4.-Judge M. H. Sullivan, receiver of the Stockyards bank, at South St. Paul, has declared a second dividend of 17 per cent, making a total of 55 to date. It is expected that another dividend will be made about Nov. 1, and eventually the creditors will receive, if not quite dollar for dollar, nearly all, upon their claims.

2. August 6, 1897 Little Falls Weekly Transcript Little Falls, MN

Article from Little Falls Weekly Transcript, August 6, 1897

Click image to open full size in new tab

Article Text

AN ALABAMA COLONY. Quite a Number of Iowa Families Will Try Their Luck South. BELLE PLAINE, Ia., Aug. 5.-A number of Iowa families have secured a concession of 6,000 acres of land in Shelby county, Ala., 30 miles south of Birmingham. The tract is to be laid out on the colony plan, but each colonist will own his own property. The tract of land is in the great fruit and dairy belt of the state and is admirably located. Each colonist will get a 30-acre home for about $350. Another South St. Paul Dividend. HASTINGS, Minn., Aug. 5.-Judge M. H. Sullivan, receiver of the Stockyards bank at South St. Paul has declared a dividend of 17 per cent, making a total of 55 to date. It is expected that another dividend will be made about Nov. 1, and eventually the creditors will receive, if not quite dollar for dollar, nearly all upon their claims.

3. August 6, 1897 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, August 6, 1897

Click image to open full size in new tab

Article Text

Another South St. Paul Dividend. HASTINGS, Minn., Aug. 6.-Judge M. H. Sullivan, receiver of the Stockyards bank at South St. Paul has declared a dividend of 17 per cent, making a total of 55 to date. It is expected that another dividend will be made about Nov., 1, and eventually the creditors will receive, if not quite dollar for dollar, nearly all upon their claims.

4. August 12, 1897 Courier Democrat Langdon, ND

Article from Courier Democrat, August 12, 1897

Click image to open full size in new tab

Article Text

Dividends to Creditors. Hastings, Minn., Aug. T.-Judge William H. Sullivan, receiver of the Stock Yards bank at South St. Paul, has declared a second dividend of 17 per cent, making a total of 55 to date. It is expected that another will be declared about Nov. 1, and eventually the creditors will receive nearly all of their claims.