20305. Black Hills Trust & Savings Bank (Deadwood, SD)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
November 29, 1930
Location
Deadwood, South Dakota (44.377, -103.730)

Metadata

Model
gpt-5-mini
Short Digest
5a202915

Response Measures

None

Description

Legal notice (Nov 29, 1930) states the Black Hills Trust Savings Bank was suspended by the South Dakota Superintendent of Banks. Subsequent article (Mar 3, 1931) refers to the closed institution paying a dividend, indicating the bank remained closed and was in liquidation/administration rather than reopening. No explicit bank run is described in the provided articles.

Events (2)

1. November 29, 1930 Suspension
Cause
Government Action
Cause Details
Suspended by the Superintendent of Banks of South Dakota (official regulatory action).
Newspaper Excerpt
FRED SMITH as Superintendent of Banks of the State of South Dakota, charge of THE BLACK HILLS TRUST SAVINGS BANK, suspended; THE BLACK HILLS TRUST SAVINGS BANK, Corporation, suspended,
Source
newspapers
2. March 3, 1931 Other
Newspaper Excerpt
Deadwood, dividend announced by the state department the Black Trust Savings closed institution Deadwood. dividend paid.... This brings the total up to ...
Source
newspapers

Newspaper Articles (2)

Article from News Letter Journal, December 25, 1930

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Article Text

LEGAL NOTICES PUBLICATION OF SUMMONS IN DISTRICT COURT, WESTON COUNTY, WYOMING. FRED SMITH as Superintendent of Banks of the State of South Dakota, charge of THE BLACK HILLS TRUST SAVINGS BANK, suspended; THE BLACK HILLS TRUST SAVINGS BANK, Corporation, suspended, Plaintiffs, MERCHANTS BANK, Wyoming ration, MER JERRY R. HALL, JOHN ANDERSON, CHESTER R. ANDERSON, FLORENCE ANDERSON, CHARLES FIANDT, JESSIE FIANDT, NATIONAL AND LIVESTOCK COMPANY LAND LIVESTOCK COMPANY, MARY ANDERSON, ANDERSON, JOHN MRS. WARNER, ZIE BETH BETH WARNER, ED GALLAGHER, MARY ELWIN ROY TOWNSEND, ROY TOWNSEND, SEND, SWARTWONT GENEVIEVE SWARTWONT, NATIONAL LAND AND LIVECOMPANY, DORA UNITED STATES NA TIONAL BANK OF OMAHA, Corporation, Omaha, Nebr., TRUST Corporation, Cheyenne, ANNETTE RISPIN, H. ALLEN RISPIN, first name unknown, BAIRD, first name John, Pomona, Calif., BURT ROGERS, Deadwood, So. Dak., BAIRD SECURITY COMPANY, CorporaCARPENTER, PHINE CARPENTER, LEONA S. CARPENTER, D. S. WILSON, first and real name DANIEL ARNO WILSON, HARRY CLINE, SAMUEL W. WESLEY DUMM, SLIMMER, first and real name unknown, and THOMAS, first and real name unknown, doing business under the firm name style of SLIMMER AND THOMAS, BANKSON, first and real name unknown, Defendants. Take notice that plaintiffs filed petition against you November 29, 1930, quiet title against you on Section Section Sec. 11; E½S½ Sec. 12; Section 13; tion 14, all in Township 48 North, Range 63 West of the 6th M., containing 1800 acres, more or less, together with the improvements thereon; and unless you answer said petition on or before January 24, 1931, judgement will be rendered against you according to the prayer thereof. Dated November 29, 1930. (SEAL) Ruth M. Crowell, Clerk Dist. Court. Preston McAvoy, Atty. Dec. Jan. 1,


Article from The Sioux City Journal, March 3, 1931

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Article Text

BRYANT LAYS PLANS TO CREAMERY Bryant, D.-Special: Several been here discuss project establishing co-operative creamery in Bryant prospects said bright. held, which expected final action be Bryant the center of rich section. Closed Bank to Reopen Freeman, The Merchants bank, which has for busiThe takes per cent of deposits and all public ing total deposits of stock surplus $44,000 distributed the munity. Gering, Unruh. Hofer, Fred Stolp, Edward Gross Wollmann. old comprises the dent: John Gross, president; Wollmann, Henry Gross, assistant cashier. Face Auto Theft Charge Falls, Special: Charged with stealing automoIllinois, Archie Lowe and Hood, of Mattoon, arrested and held Illinois officers. The sheriff at Sullivan, Sheriff here that the men were Falls, taken custody. Both men have extradition. Postmaster Iroquois, D.-Special: Arthur received his for term as postmaster missions terms the signatures Presidents Harding, Coolidge and Hoover. also the holder of commission second the which signed President during world war. On Trail of Burglar Kennebec, Sheriff Kennebec, he identity of who recently the poolhall operated by Austin at $250 worth and thinks will be able make arrest. This the third time this hall had robbed in year, the loss each time quite heavy. Bank Pays Second Dividend Deadwood, dividend nounced by the state partment the Black Trust Savings closed institution Deadwood. dividend paid. similar per early month. the first December 1924. This brings the total up to cent. Car Alfalfa Seed Shipped Rapid City, carload alfalfa valued at $4,500, shipped to St. Louis to tributed among drouth stricken farmers. This by the federal feed and seed relief fund. will be shipments sweet alfalfa and other grass this section stricken sections the south. Postmaster Rapid City HooMonday sent the senate the nomination William Wicky Rapid City,