Waverly Bank - Waverly, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 22, 1908
Location: Waverly, Missouri (39.209, -93.518)

Metadata

Model: gpt-5-mini
Short Digest: 2fe1eddd

Response Measures

None

Description

Article (1908-08-22) reports a receiver (Charles Lyons) and a verdict against directors related to a defaulting cashier (E. H. Lewis). Indicates the bank was in default/receivership and that the verdict would enable the Waverly Bank to pay depositors in full. No run is described; the bank is in receivership/closed.

Events (1)

1. August 22, 1908 Receivership

Newspaper Excerpt: Charles Lyons, Receiver, Got a Big Verdict Against John E. Corder Et Al. ... This amount, it is understood, with the $10,000 judgment against the National Surety company, would enable the Waverly Bank to pay off its depositors in full.
Source: newspapers

Newspaper Articles (1)

1. August 22, 1908 The Lexington Intelligencer Lexington, MO

Article from The Lexington Intelligencer, August 22, 1908

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Article Text

Charles Lyons, Receiver, Got a Big Verdict Against John E. Corder Et Al. AMOUNT WAS $18,955.90 Defendants Were Directors of the DeDefault Waverly Bank-No Verdict In the Ashworth Divorce Suit. Tuesday morning the circuit court disposed of the case of Ida Aultschaeffel VS. Frederick Starke. Judgment was found for the plaintiff for $155.00. The case of Charles Lyons, receiver, vs. John E. Corder et al was finished Tuesday and the jury after being out a short time returned a verdict for the plaintiff for $18,955.90. This amount. it is understood, with the $10,000, judgment against the National Surety company, would enable the Waverly Bank to pay off its depositors in full. The verdict was given on the ground that the directors had not exercised due diligence in watching E. H. Lewis, the defaulting cashier. The First National Bank of Plattsburg in its case against Bessie M. Fry et al was allowed until 10 days after adjournment to file appeal bond of $25,000. t Thomas Hardin received a divorce g from Belle Hardin. The evidence in the divorce suit of Ida Ashworth vs. R. W. Ashworth was heard and the court took the matter under advisement until the next term. The defendant was aly lowed permission to visit the child twice a month under proper cong ditions. This case attracted a good deal of attention and a number of is Dover people were here as witnesses and spectato 18. is In the circuit court Wednesday the 7case of John D. Forrester vs. Board of Regents of Normal School District n No. 2 was continued generally by n consent. Divorces were granted in the cases d of Jane Bell vs. Jas. Bell and Gere trude Hawkins vs. Andrew Hawkins. Lelia W. Gordon received a ded cree against Freeman F. Alford et al. t Wm. Aull received a decree fagainst the unknown heirs of Alvin M. Chadwick. ed Thursday was given over mostly e to routine business and the jury was dismissed for the term. h Friday the writ of mandamus in the suit of Fritz Langkrahr against h the county court, to test the legality a of the local option election in High ginsville, was quashed by motion of defendant's attorney. The case will ed come up again in the September S, term at Higginsville. in