10335. Kansas City National Bank of Commerce (Kansas City, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Start Date
December 1, 1907*
Location
Kansas City, Missouri (39.100, -94.579)

Metadata

Model
gpt-5-mini
Short Digest
2e396295

Response Measures

None

Description

Articles (Dec 1907–Feb 1908) state the Kansas City National Bank of Commerce recently suspended and is being reorganized, and later that it failed during the recent stringency and is now in the hands of receivers. No explicit contemporaneous run on this specific bank is described in the provided snippets, so I classify this as a suspension followed by closure/receivership. Dates are approximate based on publication dates and wording.

Events (2)
1. December 1, 1907* Suspension
Cause
Macro News
Cause Details
Suspension occurred in context of the recent nationwide banking stringency/panic (1907 financial panic) that led to failures and reorganizations.
Newspaper Excerpt
assume the presidency of the Kansas City National Bank of Commerce, which recently suspended and is now being reorganized.
Source
newspapers
2. February 12, 1908 Receivership
Newspaper Excerpt
The Kansas City National Bank of Commerce... failed during the recent stringency and is now in the hands of receivers.
Source
newspapers

Newspaper Articles (10)
1. December 18, 1907 The Cairo Bulletin Cairo, IL
Article from The Cairo Bulletin, December 18, 1907

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Article Text

LESLIE M. SHAW BANK PRESIDENT ASKED TO BECOME HEAD OF IMPORTANT KANSAS CITY IN. STITUTION-HAS NOT DECIDED TO ACCEPT. New York, Dec. 17.-Leslie M. Shaw, former secretary of the treasury, now president of the Carnegie Trust company, said today that he had been approached by friends from Kansas City with suggestions that he assome the presidency of the Kansas City National Bank of Commerce, which recently suspended and is now being reorganized. Shaw said no formal offer had been made and that he had not indicated to his friends whether he would accept the position. He would not commit himself on the mat ter at this time, he said.

2. December 19, 1907 Ottumwa Tri-Weekly Courier Ottumwa, IA
Article from Ottumwa Tri-Weekly Courier, December 19, 1907

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Article Text

Shaw to Head Kansas City Bank. New York. Dec. 18.-Leslie M. Shaw. former secretary of the treasury. but now president of the Carnegie Trust company. said yesterday that he ha been approached by friends from Kansas City with the suggestion that he assume the presidency of the Kansas City National Bank of Commerce. which recently suspended and is now being reorganized Mr. Shaw said that no formal offer had been made and that he had not indicated to his friends whether he would accent the position. He would not commit himself on the matter at this time.

3. December 19, 1907 The Vinita Daily Chieftain Vinita, OK
Article from The Vinita Daily Chieftain, December 19, 1907

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Article Text

H C Miller made a business trip to Miami last night. Mr. and Mrs. J. D. Ralston, of Lenapah are here visiting Mrs A Pfannkuche. Claude A inderson won one of the fine bridles that was riffied ef yesterday evening. J. L. Bumgarner is building him a store room just south of shotel. Mr. Bumgarder is getting a big country trade and would no doubt do a good grocery business. The Republican State Com mittee has endorsed Wm. H. Taft for their next Presidental candidate. Dr. O. Bagby and W. E. Halsell went to Rolla, Mo., last night to attend the funeral of L. T. Parker. W. J. Wade returned on the flyer to South McAlister this morning after a visit of several days with his boys, Sank and Will. Charley Burgess, ex-Deputy U. S. Clerk, of Pryor Creek and defeated candidate for County Recorder of Mayes County, is here today visiting C. A. Davidson and other friends. Both houses of the state legislature have passed a resolution authorizing Governor Haskell to pardon all persons under indictment for bootlegging and for misdemeanors committed prior to statehood. At Kiefer the gas service is so uncertain as to render it unsafe. At time the pressure is enormous and a touch of a match nearly blows the stove up, while at other times it is impossible to get enough heat or light Leslie M. Shaw, formerly secretary of the treasury, who is now president of the Carnegie Trust Company, said today that he had been approached by friends from Kansas City with the suggestion that he assume the presidency of the Kansas City National Bank of Commerce, which recently suspended and is now being recrganzed. A crowd of young ladies consisting of ten in number got off the Katy Flyer here this morning. They were Oklahoma girls and had been attending the Cattey College, at Nevada, Mo., and were on their way home to spend the holidays. They lived at Tulsa, Sapulpa, Red Fork and Chel sea. They seemed glad to put their feet on Oklahoma soil once more. Long live the college girls of our new tate. A colored woman walked into the Postoffice at Henryetta, made out a money order application for $10 and laid down eight cents to pay for the order. When the postmaster said it would take $10 more she said: "Oh, I thought a money order for $10 only cost eight cents, that is what it says on the back of the application, and if I have to pay $10 I won't get the order, as I only have 8 cents." The editor of the exchange remarks; 'You have heard of men with a 'past, We have several of them on our subscription list, and if they will call and pay up we will blot it out and it shall be remembered against them no more forever."

4. December 19, 1907 The Daily Sentinel Grand Junction, CO
Article from The Daily Sentinel, December 19, 1907

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Article Text

A STARTLING CHARGE IS MADE A Most Interesting Statement by One of the Oldest Papers of Missouri, Published at the Old Home of . President Woods, of the Kansas City National Bank of Commerce, Regarding Failure of the Big Institution-Did Diabolical Plan Bring About the Ruin? PERHAPS NOTHING PUBLISHED ON THE FAILURE OF THE BIG KANSAS CITY BANK IN THIS PART OF THE COUNTRY HAS GIVEN AS MUCH "INSIDE" LIGHT ON THE MATTER AS THE FOLLOWING STATEMENT FROM THE PARIS, MO., MERCURY, PARIS BEING ONE OF THE STAID OLD TOWNS NOT FAR FROM KANSAS CITY. PRESIDENT WOODS OF THE DEFUNCT BANK, FOR A LONG TIME RESIDED IN PARIS. THE MERCURY IS ONE OF THE OLDEST PAPERS IN AMERICA, HAVING BEEN PUBLISHED CONTINUOUSLY FOR 70 YEARS.

5. December 19, 1907 Iowa County Democrat Mineral Point, WI
Article from Iowa County Democrat, December 19, 1907

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Article Text

SHAW MAY GO WEST. Former Secretary of Treasury Sought by Kansas City Bank. New York, Dec. 18.-Leslie M. Shaw, former secretary of the treasury, now president of the Carnegie Trust company, said yesterday that he had been approached by friends from Kansas City with a suggestion that he assume the presidency of the Kansas City National Bank of Commerce, which recently suspended and is now being reorganized. Shaw said no formal offer had been made and that he had not indicated to his friends whether he would accept the position. He would not commit himself on the matter at this time, he said.

6. December 19, 1907 The Daily Sentinel Grand Junction, CO
Article from The Daily Sentinel, December 19, 1907

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Article Text

A STARTLING CHARGE IS MADE A Most Interesting Statement by One of the Oldest Papers of Missouri, Published at the Old Home of President Woods, of the Kansas City National Bank of Commerce, Regarding Failure of the Big Institution-Did Diabolical Plan Bring About the Ruin? PERHAPS NOTHING PUBLISHED ON THE FAILURE OF THE BIG KANSAS CITY BANK IN THIS PART OF THE COUNTRY HAS GIVEN AS MUCH "INSIDE" LIGHT ON THE MATTER AS THE FOLLOWING STATEMENT FROM THE PARIS, MO., MERCURY, PARIS BEING ONE OF THE STAID OLD TOWNS NOT FAR FROM KANSAS CITY. PRESIDENT WOODS OF THE DEFUNCT BANK, FOR A LONG TIME RESIDED IN PARIS. THE MERCURY IS ONE OF THE OLDEST PAPERS IN AMERICA, HAVING BEEN PUBLISHED CONTINUOUSLY FOR 70 YEARS.

7. December 25, 1907 Vernon County Censor Viroqua, WI
Article from Vernon County Censor, December 25, 1907

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Article Text

SHAW MAY GO WEST. Former Secretary of Treasury Sought by Kansas City Bank. New York, Dec. 18.-Leslie M. Shaw, former secretary of the treasury, now president of the Carnegie Trust company said yesterday that he had been approached by friends from Kansas City with a suggestion that he assume the presidency of the Kansas City National Bank of Commerce, which recently suspended and is now being reorganized. Shaw said no formal offer had been made and that he had not indicated to his friends whether he would accept the position. He would not commit himself on the matter at this time, he said.

8. February 12, 1908 The Washington Herald Washington, DC
Article from The Washington Herald, February 12, 1908

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Article Text

# RIDGELY DENIES REPORT. Not Offered Presidency of Kansas City Bank of Commerce, A report that W. B. Ridgely, Comptroller of the Currency, had been offered the presidency of the Kansas City National Bank of Commerce, at a salary of $25,000 a year, were denied by Mr. Ridgely last night. The Kansas City National Bank of Commerce, until a few months ago the largest bank west of St. Louis, failed during the recent stringency and is now in the hands of receivers. In denying the report of having been offered the position, and of having accepted it, Mr. Ridgely explained that it would be impossible for him to take the position until the bank's affairs should be settled, even had he so desired. Until the institution is out of the hands of the receivers no change can be made in the officers.

9. February 12, 1908 The Detroit Times Detroit, MI
Article from The Detroit Times, February 12, 1908

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Article Text

# Ridgely Denies Report. WASHINGTON, Feb. 12.-The report that W. B. Ridgely, comptroller of the currency, had been offered the presidency of the Kansas City National Bank of Commerce, at a salary of $25,000 a year, is denied by Mr. Ridgely. The Kansas City National Bank of Commerce, until a few months ago the largest bank west of St. Louis, failed during the recent stringency and is now in the hands of receivers.

10. February 13, 1908 The Pensacola Journal Pensacola, FL
Article from The Pensacola Journal, February 13, 1908

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Article Text

# DENIED BY # MR. RIDGELY Comptroller Says He Will Not Be at Head of Kansas City Bank. Special to The Journal. Washington, Feb. 12.-The report that W. B. Ridgely, comptroler of the currency, had been offered the presi-dency of the Kansas City National Bank of Commerce at a salary of $25,000 a year, is denied by Mr. Ridgely. The Kansas City National Bank of Commerce, until a few months, the largest bank west of St. Louis, failed during the recent stringency and is now in the hands of receivers.