Bank of South Dakota (Madison, SD)

Episode Information

Episode UID
9153127191081
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
915312719 hash
Start Date
January 11, 1890
Location
Madison, South Dakota (44.006, -97.114)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
82d9a255d622a80e

Response Measures

None

Events (2)

1. January 11, 1890 Receivership
Newspaper Excerpt
The Bank of South Dakota has assigned to M. W. Daly. The assignee is engaged in looking over the books, which are in bad shape.
Source
newspapers
2. January 11, 1890 Suspension
Cause Details
Bank assigned to an assignee (M. W. Daly) indicating insolvency and suspension of operations.
Newspaper Excerpt
The Bank of South Dakota has assigned to M. W. Daly.
Source
newspapers

Newspaper Articles (12)

Article from Alexandria Gazette, January 11, 1890

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Article Text

Assignment. MADISON, S. D., Jan. 11 -The Bank of South Dakota has assigned. The assets are claimed to be $150,000; liabilities unknown. The assignment of the bank forced the La Belle Horse Importing Company to assign yesterday. The ranche's assets are about $150,000, mostly in land and horses. Liabilities about $60,000.


Article from The Helena Independent, January 12, 1890

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Article Text

Hard Times in South Dakota. MADESON, S. D., Jan. 11.-The bank of South Dakota has assigned to M. W. Daly. Assets $150,000; liabilities unknown. The assignment of the bank forced the Labelle Ranch Horse Importing company to assion yesterday. The ranch assets are $150,000, mostly in land and horses: liabilities $60,000.


Article from The Cheyenne Daily Leader, January 12, 1890

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Article Text

Two Assignments. MADISON, S. D., Jan. 11.-The bank of South Dakota has assigned to M. W. Daly; assets $150,000; liabilities un known. The assignment of the bank forced the LaBelle Ranch Horse Importing company to assign yesterday. The rauch assets are $150,000, mostly in land and horses; liabilities $60,000.


Article from St. Paul Daily Globe, January 12, 1890

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Article Text

Heavy Failures in South Dakota. MADISON, S. D., Jan. 11.-The Bank of South Dakota assigned Thursday. The assets are claimed to be $150,000; liabilities not given. The assignee is engaged in looking over the books. which are in bad shape. The assignsurped ment of the bank forced the La Belle


Article from Richmond Dispatch, January 12, 1890

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Article Text

A Bank Assigns. (By telegraph to the Dispatch.] MADISON, S. D., January 11.-The Bank of South Dakota has assigned to M. W. Daly. The assets are claimed to be $150,000; liabilities unknown. The assignee is engaged in looking over the books, which are in a bad shape. The assignment of the bank forced the La Belle Ranche Horse Importing Company to assign yesterday, as the ranche and bank were closely connected. George L. Wright, late secretary and treasurer, is theassignee. Theranche's assets are about $150,000, mostly in lands and horses. Liabilities about $60,000.


Article from Los Angeles Daily Herald, January 12, 1890

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Article Text

South Dakota Failures. MADISON, S. D, January 11.-The Bank of South Dakota has assigned to M. W. Daly. Assets, $150,000; liabilities, unknown. The assignment of the bank forced the LaSalle Ranch and Horse Importing Company to assign yesterday. The ranch assets are $150,000, mostly in lands and horses; liabilities, $60,000.


Article from The Anaconda Standard, January 12, 1890

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Article Text

Collaps of a South Dakota Bank. MADISON, S. D., Jan. 11.-The Bank of South Dakota has assigned to M. W. Daly. Assets, $150,000; liabilities, unknown. The assignment of the bank forced the La Belle Ranch Horse Importing company to assign yesterday. The ranch's assets are $150,000;. mostly in horses and land. Its liabilities are $60,000.


Article from The Salt Lake Herald, January 12, 1890

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Article Text

Bank of South Dakota Assigns. MADISON, S.D., Jan. 11.-The Bank of South Dakota has assigned to M. W. Daly. Assets $150,000; liabilities unknown. The assignment of the bank forced the Labelle Ranch Horse Importing company to assign yesterday. The ranch sssets are $150,000, mostly in land and horses. Liabilities, $60,000.


Article from Santa Fe Daily New Mexican, January 13, 1890

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Article Text

Dako a Failures. MADISON, S. Dak., Jan. 13.-The bank of >outh Dakota has assigned to M. W. Daly. Assets $150,000; liabilities unknown. The assignment of the bank forced the Laballe Ranch & Horse Importing company, to assign yesterdav. The Ranch's assets are $150,000, mo-tlv in land and horses. Liabilities $60,000.


Article from Iowa County Democrat, January 24, 1890

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Article Text

FIRES AND CASUALTIES THE Bank of South Dakota, located at Madison, S. D., has assigned. The assets are said to be $150,000; liabilities unknown. EDWARD AND MICHAEL GALLAGHER and their sister, Mrs. Kate Stockhouse,


Article from Middlebury Register, January 2, 1891

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Article Text

7. Great storm in Great Britain. ASSIGNMENTS AND SUSPENSIONS. The most important assignments and suspensions of the year are mentioned below: JANUARY. Bank of South Dakota and La Belle Ranch Horse Importing Co., Madison, S. D.; L. H. Stone, horses, San Francisco; A. W. Morris & Co., cordage, Montreal; John B. Lalande, cotton factor, New Orleans: Central Wagon Co., Lan sing, Mich. FEBRUARY. A. G. Leonard & Co., Chicago, boots and shoes MARCH. Atlantic Fire Insurance Co., Providence, R I.; R. R. Donnelly & Son, printers, Chicago; Monroe Eckstein & Leopold Wortheimer, N Y.; Belloc Bros., private bankers, San Francisco; John F. Plummer & Co., dry goods commission merchants, New York: J. S. Murphy & Co., lumber, Montreal. APRIL Manhattan Bank of Manhattan, Kan.: Merchants and Traders' Produce Exchange, Nashville, Tenn.: Louis Francke & Co., silk importers, New York; Carl Spengler, liquors, Kansas City, Mo.; Bank of America, Philadelphia, Pa. MAY. Gloucester City National Bank, Gloucester. N. J.; Fechheimer, Rau & Co., New York: Fidelity Surety, Trust and Safe Deposit Co., Camden, N. J.; Port Norris (N. J.) Bank; Merchants' Bank, Pleasantville, N. J.; Merchants' Bank, Atlantic City, N. J.; Doran & Wright, brokers, New York and elsewhere; Smith, Wade & Co., lumber, Quebec. JUNE. Bank of Hartford, Hartford, Wis JULY. J. E Tygert & Co., fertilizers. Philadelphia SEPTEMBER. Hixie & Meller, lumber, Ontigo, Wis : Potter Lovell & Co., publishers, Boston; Sawyer, Wallace & Co, commission merchants, New York; Jackson Woolen Mills, Jackson, Tenn. Bank of Madison, Jackson, Tenn. OCTOBER. Forestal Bros, contractors, St. Paul: F H. Hagerty & Co, bankers, Aberdeen, S. D.; Curry & Hosmer, hardware, Boston: Isaac L. Falk & Co., clothing, New York; Isidore Rosenthal, coats, New York: Leopold Bros. & Co. clothiers, Chicago NOVEMBER. Packing and Refrigerator Co., Kansas City: Barker Bros. & Co., bankers, Philadelphia: U 8. Rolling Stock Co., Ohio, Illinois and Alabama: Thomas Faweett & Co. coal dealers, Pittsburg: Richard H. Allen & Co., bankers and merchants, New York: Thomas Hallen & Co., tankers and merchants, Memphis: Ore gon Improvement Co., New York: Bell & Eysier, backers, Duluth, Minn.; B K. Jamison & Co. bankers, Philadelphia; Walker & Sons, importers New York: Decker Howell & Co., New York DECEMBER. Rittenhouse Manufacturing Co., Passaic, N. J.; Delamater & Co, Meadville, Pa.: V.A. Meyer & Co., cotton, New Orleans; liabilities $2,000,000, nominal assets $3,000,000


Article from Herald and News, January 8, 1891

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Article Text

ASSIGNMENTS AND SUSPENSIONS. The most important assignments and suspensions of the year are mentioned below: JANUARY. Bank of South Dakota and La Belle Ranch Horse Importing Co., Madison, S. D.: L. H Stone, horses, San Francisco: A. W. Morris & Co., cordage, Montreal: John B. Lalande, cotton factor, New Orleans: Central Wagon Co., Lan sing, Mich. FEBRUARY. A. G. Leonard & Co., Chicago, boots and shoes MARCH Atlantic Fire Insurance Co., Providence, R. L; R. R. Donnelly & Son, printers, Chicago: Monroe Eckstein & Leopold Wortheimer, N. Y.; Belloc Bros., private bankers, San Francisco; John F. Plummer & Co., dry goods commission merchants, New York: J. S. Murphy & Co., lumber, Montreal. APRIL Manhattan Bank of Manhattan, Kan.: Merchants and Traders' Produce Exchange, Nashville, Tenn.: Louis Francke & Co., silk importers, New York: Carl Speagler, liquors, Kansas City, Mo.: Bank of America, Philadelphia, Pa. MAY Gloucester City National Bank. Gloucester. N. J.; Fechheimer, Rau & Co., New York: Fidelity Surety, Trust and Safe Deposit Co., Caniden, N. J.; Port Norris (N J.) Bank; Merchants' Bank, Pleasantville, N. J.; Merchants' Bank, Atlantic City, N. J.; Doran & Wright, brokers, New York and elsewhere; Smith, Wade & Co., lumber. Quebec. JUNE. Bank of Hartford. Hartford. Wis JULY. J. E. Tygert & Co., fertilizers, Philadelphia SEPTEMBER. Hixie & MeHer, lumber, Ontigo. Wis.: Potter. Lovell & Co., publishers, Boston; Sawyer, Wallace & Co, commission merchants, New York; Jackson Woolen Mills, Jackson, Tenn.: Bank of Madison, Jackson. Tenn. OCTOBER Forestal Bros, contractors, St. Paul: F. H. Hagerty & Co., bankers, Aberdeen, S. D.: Curry & Hosmer, hardware, Boston; Isaac L. Falk & Co., clothing, New York; Isidore Rosenthal, coats, New York: Leopold Bros. & Co. clothiers, Chicago NOVEMBER. Packing and Refrigerator Co., Kansas City; Barker Bros. & Co., bankers, Philadelphia; U. S. Rolling Stock Co., Ohio, Illinois and Alabama: Thomas Faweett & Co, coal dealers, Pittsburg: Richard H. Allen & Co., bankers and merchants, New York; Thomas Hallen & Co., bankers and merchants, Memphis: Oregon Improvement Co., New York: Bell & Eyeler, bankers, Duluth, Minn.; B. K. Jamison & Co. bankers, Philadelphia; Walker & Sons, importers, New York; Decker Howell & Co., New York. DECEMBER. Rittenhouse Manufacturing Co, Passaic, N. J.; Delamater & Co, Meadville, Pa.: V. A. Meyer & Co., cotton, New Orleans; liabilities $2,000.000, nominal assets $8,000,000. Thousands of men and women in the United States recall their membership in the Greek letter fraternities as one of the most enjoyable and profitable features of their college life. Longafter the last traces of memory of the Greek conjugation have vanished, after the Odes of Horace and the swinging lines of the AEneid have faded into the irrevocable past; after all mathematics but the rule of three has lapsed into the secret recesses of the mind; after the finer classifications of the "genus" and "species" have given place to such everyday terms as "mud cat" or "dog fennel;" after all these and a hundred other once important departments of learning have been forgotten, still the recollections of the fraternity, the jolly meetings in the old hall, the exclusive pienics and parties: the dinners, cheap but seasoned with wit and warm geniality; the solemn advice to the erring brother, the sitting up at nights with the unfortunate of the number who fell sick, the anxiety to outdo all rival fraternities in securing good men who entered college, the throb of pride when one of "our boys" won a prize or some special college honor-these things remain as vividand fresh in the memory as though commencement day were only yesterday. -Indianapolis News.