Singapore, Michigan

Singapore, perhaps Michigan's most famous ghost town, is one of the casualties of the four great fires (Chicago, Holland, Peshtigo, and Manistee) that ravaged the northern midwest on October 8, 1871. Its ruins now lie buried beneath the sand dunes of the Lake Michigan shoreline at the mouth of the Kalamazoo River in Saugatuck Township, near the cities of Saugatuck and Douglas in Allegan County.

Singapore, Michigan, was founded in 1836 by New York land speculator Oshea Wilder, who was hoping to build a port town to rival Chicago and Milwaukee. At its height, the town boasted of three mills, two hotels, several general stores, a renowned bank, and was home to Michigan's first schoolhouse. In total, the town consisted of 23 buildings and two sawmills.

In 1838, two banks were established in Allegan County: the Bank of Allegan and the Bank of Singapore. Both were "of the famous wildcat species".

By 1838, over $50,000 in Singapore Bank notes had been placed in circulation. Shortly after the Civil War, Singapore was involved in a bank scandal. State banks were required to maintain enough hard currency on hand to cover at least 1/3 of the banknotes that were circulating, and neither Singapore nor Allegan was at that level.

From time to time collectors come across Singapore Bank notes used by the Singapore Bank. There are a few known full sheets of the bank notes before they were cut into individual notes, sometimes signed and sometimes unsigned by the bank president or authorized personnel at the time.

The 40-Day Blizzard of 1842 might very well have wiped out the people of Singapore, had it not been for the shipwreck of the Milwaukie just off her shore. The food with which that ship was stocked nourished the people of Singapore until the blizzard blew over.

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