Whipple Loan & Trust Company (Kansas City, MO)

Episode Information

Episode UID
125481491169
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
12548149 hash
Start Date
May 28, 1897
Location
Kansas City, Missouri (39.100, -94.579)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
444bd909bd012877

Response Measures

None

Events (1)
1. May 28, 1897 Receivership
Newspaper Excerpt
The Whipple Loan & Trust Co. failed Thursday. Clarence Palmer was appointed receiver by Judge Philips.
Source
newspapers

Newspaper Articles (3)
1. June 2, 1897 The Leader Brookhaven, MS
Article from The Leader, June 2, 1897

Click image to open full size in new tab

Article Text

Whipple Loan Company Fails. KANSAS CITY, Mo., May 28.-The Whipple Loan & Trust Co. failed Thursday. Clarence Palmer was appointed receiver by Judge Philips. The appointment of a receiver was asked by John W. Hammond, of Chicago, a stockholder in the company to the amount of $10,000. A. A. Whipple, president of the company, stated that the direct cause of the failure was pressure brought to bear by eastern parties, whose money the loan and trust company had put out on guarantee bonds.

2. June 3, 1897 Barton County Democrat Great Bend, KS
Article from Barton County Democrat, June 3, 1897

Click image to open full size in new tab

Article Text

Whipple Loan Company Fails. KANSAS CITY, Mo., May 28.-The Whipple Loan & Trust Co. failed Thursday. Clarence Palmer was appointed receiver by Judge Philips. The appointment of a receiver was asked by John W. Hammond, of Chicago, a stockholder in the company to the amount of $10,000. A. A. Whipple, president of the company, stated that the direct cause of the failure was pressure brought to bear by eastern parties, whose money the loan and trust company had put out on guarantee bonds.

3. June 3, 1897 Abilene Weekly Reflector Abilene, KS
Article from Abilene Weekly Reflector, June 3, 1897

Click image to open full size in new tab

Article Text

Whipple Loan Company Fails. KANSAS CITY, Mo., May 28.-The Whipple Loan & Trust Co. failed Thursday. Clarence Palmer was appointed receiver by Judge Philips. The appointment of a receiver was asked by John W. Hammond, of Chicago, a stockholder in the company to the amount of $10,000. A. A. Whipple, president of the company, stated that the direct cause of the failure was pressure brought to bear by eastern parties, whose money the loan and trust company had put out on guarantee bonds.