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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Apr 12, 1901
Page
1
Mitchell's 1900 building boom, spurred by renter to owner shifts, boosted real estate prices. Central Dakota location with Milwaukee and Northwestern rail connections supports rapid growth and a strong educational system led by Dakota University. Expansion plans include a new $35,000 university building, eight churches, and expanded water and street mains.
The city reports hundreds of thousands spent on new houses and business blocks in 1900. Many homes feature sewer, water, baths, and heating upgrades. The list details numerous new houses, offices, stores, and equipment, plus additional barns and expansions by several residents and firms.
Builders and property owners in Mitchell invest heavily in 1960 with cement sidewalks and gutters up and down Main Street. New structures include a 130 by 64 foot lumber shed at Fullerton Lumber Co and several residences by Wells, Smith, and others. A city hall project and a $35,000 Dakota University building set to begin foundation work, signaling a year of expanding development beyond 1960 levels.
Mitchell shows a strong farming base with diversification and higher creamery patronage. Farmers have improved finances through cattle investments and population growth, while many Iowa families buy land and move in, swelling the farming community with forty new families this season.
A new resident moved into county farmland this spring, settling on a series of farm properties. The development marks a shift in local land use as residents integrate with agricultural zones.
The register of deeds tallies twelve months of land transfers in the county, detailing monthly acres and dollar values. From April to March, total activity rises from 3,600 to 14,280 acres, with values ranging from about 30,930 to 170,800 dollars, signaling strong land market appreciation.
One of Mitchell's successes, the corn palace showcased eastern visitors the state's agricultural prowess last September. The exhibit cleared all debt, returned $400 to subscribers, and proved the state's potential. Plans suggest a repeat event this year to fulfill its outreach purpose.
Sioux Falls dispatch reports that the high court's decision puts four Republicans and one fusionist on the state charity board. Warden Bowler and Dr Ross lose posts as reform plans take effect. O. S. Swenson slated as warden, L. G. Mead to return to the Yankton asylum. Debates linger on the reform school and deaf mute school leadership.
Eight mutual insurance firms operate under state law in South Dakota. Five joined to raise rates from 10 to 30 percent, excluding Chamberlain and Mitchell. Since then fire has focused on Mitchell and Chamberlain as others push to curb drift to the higher rate firms, fueling a merry war.
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