gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0a0dc1a7a24e21a1
Response Measures
None
Events (3)
1.November 21, 1899Run
Cause
Bank Specific Adverse Info
Cause Details
Defalcation/embezzlement by County Treasurer A. (or Petter/ Peterson) precipitated heavy withdrawals
Measures
None reported besides continued withdrawals; ultimately bank closed
Newspaper Excerpt
the defalcation of Treasurer Peterson precipitated a run which lasted a day and a half
Source
newspapers
2.November 22, 1899Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed after run caused by treasurer's defalcation; assets/liabilities reported and closure announced
Newspaper Excerpt
the Yankton Savings Bank closed its doors at 2 o'clock this afternoon
Source
newspapers
3.November 29, 1899Receivership
Newspaper Excerpt
E. G. Edgerton has been appointed receiver for the Yankton Savings bank which failed last week. The probabilities are the bank will pay all liabilities in full. (Nov. 29 report.)
Source
newspapers
Newspaper Articles (20)
1.November 23, 1899The Indianapolis JournalIndianapolis, IN
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Article Text
Savings Bank Closed. YANKTON, S. D., Nov. 22.-The Yankton Savings Bank closed its doors this afternoon. The defalcation of Treasurer Peterson precipitated a run which lasted a day and a half. There is some prospect that the institution will be able to resume.
2.November 23, 1899Daily Inter MountainButte, MT
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Article Text
Minneapolis, Minn., Nov. 22.-A special from Yankton, S. D., to the Journal says the Yankton Savings bank closed its doors at 2 o'clock this afternoon. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run which has been in progress a day and a half.
3.November 23, 1899The Topeka State JournalTopeka, KS
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Article Text
Yankton Bank Closes. Minneapolis, Minn., Nov. 23.-A special from Yankton, S. D., to the Journal says that the Yankton Savings bank closed its doors at 2 o'clock yesterday afternoon. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run.
4.November 23, 1899The Morning AstorianAstoria, OR
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Article Text
BANK CLOSED. MINNEAPOLIS, Minn., Nov. 22-A special from Yankton, South Dakota, to the Journal says the Yankton Savings bank closed its doors this afternoon. The defalcation of treasurer Peterson, who was known to be a very heavy depositor. caused a run which has been in progress a day and a half.
5.November 25, 1899Spirit of the AgeWoodstock, VT
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Article Text
Small Shortage as Shortages Go. Minneapolis, Nov. 23.-A special from Yankton, S. D., says that the Yankton Savings bank closed yesterday. The defalcation of Treasurer Peterson precipitated a run. Peterson's shortage is placed at $14,000.
6.November 25, 1899Chicago EagleChicago, IL
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Article Text
Bank Succumbs to a Run. With assets amounting to $30,000 and liabilities $20,000, the Yankton, S. D Savings Bang was forced to close its doors after a three days' run occasioned by the defalcation of County Treasurer A. Peterson, who was known to deal extensively with that bank.
7.November 30, 1899Iron County RegisterIronton, MO
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Article Text
The Yankton (S. D.) Savings bank closed its doors on the 22d. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run which had been in progress a day and a half when the bank closed. There is some prespect tha+ the institution will be able to resume.
8.November 30, 1899Eagle River ReviewEagle River, WI
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Article Text
Bank Succumbs to a Run. With assets amounting to $30,000 and liabilities $20,000, the Yankton, S. D Savings Bang was forced to close its doors after a three days' run occasioned by the defalcation of County Treasurer A. Peterson, who was known to deal extensively with that bank.
And Here's Another. YANKTON, S. D., Nov. 27.-Excitement runs high as a result of the defalcation of County Treasurer Petterson and the failure of the Yankton Savings Bank. The county commissioners examined the treas-
A Savings Bank Closes Its Doors. Minneapolis, Minn., Nov. 23.-A special from Yankton, S. D., to the Journal says that the Yankton savings bank closed its doors at two o'clock yesterday afternoon. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run which has been in progress a day and a half. There is some prospect that the institution will be able to resume.
11.December 1, 1899The Forrest City TimesForrest City, AR
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Article Text
The Yankton (S. D.) Savings bank closed its doors on the 22d. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run which had been in progress a day and a half when the bank closed. There is some prespect that the institution will be able to resume.
12.December 1, 1899The Black Hills UnionRapid City, SD
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Article Text
Yankton county went republican, if we remember correctly. Now the treasurer of that county has "gone republican," too, and the county is now just $30,000 shy. The defalcation caused a run on the Yankton Savings Bank and busted the institution. Everything seems to be strongly republican over that way.
13.December 2, 1899The Cape Girardeau DemocratCape Girardeau, MO
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Article Text
The Yankton (S. D.) Savings bank closed its doors on the 22d. The defalcation of Treasurer Peterson, who was known to be a heavy depositor, precipitated a run which had been in progress a day and a half when the bank closed. There is some prespect tha+ the institution will be able to resume.
14.December 2, 1899The Kimball GraphicKimball, SD
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Article Text
Yankton Bank Receiver Appointed Yankton, S. D., Nov. 29.-E. G. Edgerton has been appointed receiver for the Yankton Savings bank which failed last week. The probabilities are that the bank will pay all liabilities in full. The county commissioners have offered $200 reward for the apprehension of A. W. Petterson, defaulting treasurer. No trace of him bas yet been found.
15.December 2, 1899The Grenada SentinelGrenada, MS
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Article Text
The Yankton (S. D.) Savings bank closed its doors on the 22d. The defalcation of Treasurer Peterson, who was known to be a heavy depositor. precipitated a run which had been in progress a day and a half when the bank closed. There is some prespect that the institution will be able to resume.
16.December 2, 1899The Saint Paul GlobeSaint Paul, MN
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Article Text
SOUTH DAKOTA. Britton: South Dakota is enjoying a season of unrivaled weather. The temperature is mild. ranging up to 60 degrees at noon, the sun cloudless and the air clear and balmy. Some plowing is still in progress. Tyndall: Peter Engberg. one of the old settlers in this part of the state, committed suicide Saturday night by hanging himself in his room. Yankton: E. G. Edgerton has been appointed receiver for the Yankton savings bank. The probabilities are the bank will pay all liabilities in full. Flandreau: The total amount of mail shipped from the Flandreau postoffice during the month of October was 2,692 pounds. Yankton: Jack Keating has broken the record for corn husking. He husked and put into the crib 2,220 bushels of corn for Edward Gleason, and he averaged 80 bushels per day.
17.December 24, 1899The SunNew York, NY
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Article Text
DEFAULTER COMMITS SUICIDE. A. W. Peterson of Yankton. S. D., Jumps From a Ferryboat at St. Louis. Sr. LOUIS, Dec. 23.-The body of A. W. Peterson of Yankton. S. D., is at the morgue. He jumped from the ferryboat Alonzo Church while crossing the Mississippi this morning. A dispatch from Yankton states that Peterson was an embezzler and had fled from that city on Nov. 16. which would furnish an incentive for suicide. He was observed by deckhands to make the plunge. As soon as the body reappeared it was grappled and dragged ashore. but life was extinct. From papers in his pockets he was easily identified. The theory advanced by the police is that Peterson dreaded arrest and determined to kill himself. SIOUX CITY, Iowa, Dec. 23.-A. W. Peterson. the Treasurer of Yankton county. S. D., was short $15,000 in his accounts as results of his defalcation. The Yankton Savings Bank was compelled to close its doors and is in a receiver's hands. Peterson gave a bill of sale of his harness business previous to leaving. He boarded the train, ostensibly for Gayville. S. D. without overcoat or satchel. but came to Sloux City and here all trace of him was lost. He leaves a wife and several children.
18.July 19, 1900Reporter and FarmerWebster, SD
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Article Text
DAKOTA REPORTS. Compiler Tilton of Vermillion Adds to Their Value. Horace G. Tilton of Vermillion has brought out a second supplement to his index digest of the reported decisions of the supreme courts of Dakota Territory and of North and South Dakota, covering all opinions filed up to April 1, 1900. With this supplement he has included a table of all the cases digested in the series. and binds the original diegst and two supplements in one convenient volume of about 1,100 pages. Peter Honnenger of Romona met with a peculiar accident. He occasionally walks in his sleep, and, on the night in question got out of bed and must have made the movement with considerable force, for he went through a large glass and then ran some distance before he was noticed and finally caught by Robert Sullivan. He was still asleep when caught, though his ankle was 80 badly cut by the broken glass as to require several stitches. Receiver Edgerton, of the Yankton Savings Bank, which was wrecked last December by the defalcation of County Treasurer Pederson, has declared a 20 per cent payment. As all the real estate of the bank is still unsold, the defunct bank bids fair to make at least a 50 per cent payment to all creditors.
19.July 19, 1900The Pioneer PressMiller, SD
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Article Text
DAKOTA REPORTS. Compiler Tilton of Vermillion Adds to Their Value. Horace G. Tilton of Vermillion has brought out a second supplement to his index digest of the reported decisions of the supreme courts of Dakota Territory and of North and South Dakota, covering all opinions filed up to April 1, 1900. With this supplement he has included a table of all the cases digested in the series, and binds the original diegst and two supplements in one convenient volume of about 1,100 pages. Peter Honnenger of Romona met with a peculiar accident. He occasionally walks in his sleep, and, on the night in question got out of bed and must have made the movement with considerable force, for he went through a large glass and then ran some distance before he was noticed and finally caught by Robert Sullivan. He was still asleep when caught. though his ankle was SO badly cut by the broken glass as to require several stitches. Receiver Edgerton, of the Yankton Savings Bank, which was wrecked last December by the defalcation of County Treasurer Pederson, has declared a 20 per cent payment. As all the real estate of the bank is still unsold, the defunct bank bids fair to make at least a 50 per cent payment to all creditors.
20.February 11, 1927The Sioux City JournalSioux City, IA
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Article Text
TRAVELING MAN SMOTHERED TO DEATH BY PILLOW
Faith, S. D., Feb. 10.-Special: W. Bartlett. young man represent ing the Standard Oil company, of Omaha, Neb., was found dead in bed here the hotels. smothered to death by his pillow.
Women Engage Speakers.
Sioux Falls. S. D., Feb. ).-Special: An address by woman lawyer of national will be feature of the annual convention of the South Dakota Business Professional Women's association to be held in Sloux Falls in June. The speaker will be Lena Madesin Phillips. New York lawyer and president of the national association of business and professional women. Another speaker will be Dr. Irene Smedley, former president of the Sigux Falls branch of business and professional women, returned medical missionary from India.
Bank Receiver Named. Yankton, S. D., Feb. By order of the circuit court, Frick, Yankton banker, has been named receiver of the accounts the old Yankton Savings bank which closed in sauce 1899. Mr. Frick will audit the accounts of the trusteeship which was created and distribute the assets of the closed bank. E. Edgerton, pioneer Yanktonian, now from the state, has had charge of the company business, which includes cash as HEINZ COOKED SPAGHETTI sets, as receiver appointed by the HEINZ APPLE BUTTER court.
Rush Sugar Factory Work. Belle Fourche, S. D., Feb. clal: Work at the sugar refinery is progressing rapidly. Two small build ings which are being used temporarily
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.