A bank in Denmark, Kansas was establilshed in 1917. The Lincoln State Bank at the county seawt town sponosored the bank, half of the stockholders were local citizens and half were from Lincoln, Kansas. The only manager of the bank was Boyd Gilkeson. Local people were proud to have a bank of their own and on the first day of business a sum of $3200 was deposited in the bank. Not much lending business was done through the institution, it was used primarily as a depository and outlet for change.
On August 10, 1932 a bank robbery occurred at the Denmark Bank. Two bank robbers demanded the money, now seemingly small sum of $68.00, from Mr. Gilkeson, and then fled in their car. From there they went west and north, where they parked and hid in the Dora Anderson driveway until a vehicle coming fom the other direction had passed. From the Denmark area, the pair apparently drove to Lincoln, Kansas. There they robbed the Lincoln Bank. They tried to escape down the Quartzite road and were stopped by the law enforcement authorities. The two admitted to having robbed the Denmark Bank, Lincoln Bank and in addition the Glen Elder Bank.
The Depression years were difficult for the Denmark Bank, and the institution began losing local stockholders in the 1930's. With thue local income plummeting, the town barely retained hold on their local bank through the decade. The Depression years had hit the Denmark Bank hard and it was voted to close the the bank. in 1941.
The owner of the bank has given authorization to acces the property to search for the cache.
Parking is available.