13757. Citizens State Bank (York, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 26, 1889
Location
York, Nebraska (40.868, -97.592)

Metadata

Model
gpt-5-mini
Short Digest
fa8c810f

Response Measures

None

Description

Multiple contemporaneous dispatches (Nov 26–27, 1889) report the Citizens State Bank of York, Neb., suspended/failed following the financial failure of its president/cashier (variously OCR'd as J.S. McConapy / McConaphy / McConaghy / J.F. McConaughey). No article describes a depositor run or later reopening; reports call it a failure/suspension and mention a branch at Benedict also failed. I correct OCR variants of the officer's name in this note but do not invent a definitive spelling.

Events (1)

1. November 26, 1889 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension/failure triggered by financial failure of the bank's leading officer (president/cashier) who also ran a large general store; store closed and bank suspended soon after.
Newspaper Excerpt
Meager details have been received here of the failure of the Citizens' State Bank, of York. The failure seems to have been due to the financial difficulties of J. S. McConapy, the president, who also runs a large general store there. The store was closed up early in the forenoon, and was immediately followed by the suspension of the bank.
Source
newspapers

Newspaper Articles (10)

Article from The Indianapolis Journal, November 27, 1889

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Article Text

Business Embarrassments. LOUISVILLE, Ky., Nov. 26.-McLeod & Anderson, tobacco warehousemen, failed here to-day. The firm consists of Dr. George W. McLeod and James A. Anderson, both of Versailles. They assign all property belonging to them not subject to homestead exemption. This includes a $60,000 blue-grass farm near Versailles and a tobacco warehouse at Sulphur, Ky., together with tobacco, etc., in their ware house here. Assets and liabilities largebut not definitely known. OMAHA, Neb., Nov. 26.-Meager details have been received here of the failure of the Citizens' State Bank, of York. The failure seems to have been due to the financial difficulties of J. S. McConapy, the president, who also runs a large general store there. The store was closed up early in the forenoon, and was immediately followed by the suspension of the bank. A branch bank at Benedict is also said to have failed. NEW YORK, Nov. 26.-On the ground that fraud upon creditors is about to be attempted, judgments in the sum of $10,990 wree to-day granted against Srauss & Sons, tailors' trimmings, New York and San Francisco. Creditors of M. Brown & Co., shirt manu* facturers, have decided to take 30 cents on the dollar. Liabilities, $90,000. A son and partner gambled the firm to ruin.


Article from Rock Island Daily Argus, November 27, 1889

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Article Text

Failure of a Nebraska Bank, OMAHA, Neb., Nov. 27.-Meagre details have been received here of the failure of the Citizens' State bank, of York. The failure seems to have been due to the financial difficulties of J.S. McConaphy, the president, who also runs a large general store there. The store was closed up early in the forenoon, and was immediately followed by the suspension of the bank. A branch bank at Bene dict is also said to have failed.


Article from Chicago Eagle, November 30, 1889

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Article Text

NEBRASKA BANK FAILURE. A State Institution at York Compelled to Suspend. -An Omaha dispatch says: Meager details have been received here of the failure of the Citizens' State Bank, of York, Neb. The failure seems to be due to the financial difficulties of J.S. McConaghy, the President, who also runs à large general store there. The store was closed first, and this was immediately followed by the suspension of the bank. A branch bank at Benedict is also said to have failed.


Article from Mower County Transcript, December 4, 1889

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Epitome of the Week. INTERESTING NEWS COMPILATION. DOMESTIC. IN the two weeks ended on the 25th over one thousand hogs had died of cholera near Seymour, Ind., and many more were affected. ISADOR H. SULTZBACH, a retail clothing dealer at Philadelphia, failed on the 25th for $150,000. THE report on the 25th of Mr. Lacey, the Comptroller of the Currency, showed that there were in existence 3,319 National banks, the largest number since the inauguration of the system. The aggregate capital was $620,174,365. The amount of circulation outstanding was $203,663,732, of which $132,883,334 was secured by United States bonds, and the remainder, $72,379,396, was represented by the deposit of lawful money in the Treasury. Within the year forty-one banks went into voluntary liquidation and only two failed. WELLINGTON HART, of North Smithfield, and R. A. Smith, of Mohegan,wellknown Rhode Island farmers, each over sixty years of age, drove into a pond on the 25th and were drowned. A CYCLONE swept through Beaufort County, S. C., on the 25th, causing terrible destruction. At Campbell's Creek several houses were blown down, and Dick Phillips (colored) and his five children were killed and several other persons were badly hurt. A FIRE on the 25th at Edwardsville, Ill., destroyed Kehlor Brothers' mill, elevator and warehouse and other buildings. Loss, $300,000. AT Manti, Utah, on the 25th Parlane McFarlane shot and killed F. G. Hansen and W. G. Golding. The trouble arose over a game of pool. AT Pittsburgh, Pa., on the 25th the Pennsylvania Wool-growers' Association passed resolutions against any modification of the tariff. ARGUMENTS in the matter of admitting Mormons to citizenship were finished at Salt Lake City on the 25th, and the court reserved its decision. HETTIE BUTLER (colored) seventy-six years old, of Indianapolis, Ind., was burned to death on the 26th, her clothes cathing fire from a pipe she was smoking. Two MEN were killed and another fatally injured by the explosion of a boiler on the 26th at the steel works at Duquesne, Pa. McLEoD & ANDERSON, tobacco warehousemen at Louisville, Ky., failed on the 26th for $100,000. A STEAMER which left Port-au-Prince November 20 and arrived at New York on the 26th reported that five thousand Haytians had risen in revolt against President Hippolyte. A FIRE on the 26th at Leechburg, Pa., destroyed twenty-five buildings. Loss, $100,000. ON a wager of ten dollars "Dublin Dan" ate eight and one-half pies on the 26th at Pontiac, Ill., in eighteen minutes, and Patsey Riley ate thirty hardboiled eggs in fifteen minutes. Six horses were cremated in Knorr & Weisenberger's livery-stable at St. Louis on the 26th. AN express train on the Topeka & Santa Fe road was held up and robbed of $30,000 by fifteen masked men on the night of the 26th at Berwyne, Ind. T. THE last of the North Pacific whaling fleet arrived in San Francisco on the 26th. The catch this year was the poorest in ten years, and comprised 12,000 barrels of oil and 217,000 pounds of bone, THE steamer Santiago, valued at $500,000, was burned off Nantucket, Mass., on the 26th. No lives were lost. A. J. GERSTEL, a Peoria (Ill.) tobacco dealer, was on the 26th charged with defrauding creditors out of $40,000. He had fled. THOMAS DAVIDSON, a wealthy farmer, aged seventy-five years, who lived alone at a farm near Arcola, Ind., was found dead in his stable on the 26th. He was murdered. ADVICES of the 26th say that Hans Jacob Olson, of Preston, Wis., a troublesome character. was taken from his home by masked men and lynched because he refused to leave town. THE Citizens' State Bank of York, Neb., suspended on the 26th. THE National Silver convention met at St. Louis on the 26th with 350 delegates present from all parts of the country. PHILIP HOFFMAN, an aged citizen residing in Ohio Falls, Ind., was choked to death on the 26th on a piece of beefsteak he was trying to masticate. THE efforts of the prosecution in the Cronin trial in Chicago on the 26th were directed toward breaking down the alibis of Beggs, Burke and O'Sullivan. A number of witnesses testified in contradiction of statements made by previous witnesses for the defense. A FRENCH milliner of New York City was on the 26th made to pay a $1,000 fine for having imported a French wom an to work in her shop. IN Jersey City, N. J., Grand Army of the Republic posts were on the 26th raising funds to secure National flags for the twenty-one public-schools of the city.


Article from The Iowa Plain Dealer, December 5, 1889

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Article Text

WEST AND SOUTH. ON the 25th the bodies of two more victims of the flood were found at Johnstown, Pa. OVER one thousand hogs died of cholera near Seymour, Ind., in the two weeks ended on the 25th, and many more were affected. Ar Salt Lake City arguments in the matter of admitting Mormons to citizenship were finished on the 25th, and the court reserved its decision. DISPATCHES of the 26th say that Hans Jacob Olson, of Preston, Wis., a troublesome character, was taken from his home by masked men and lynched because he refused to leave town. IN the Cronin trial in Chicago on the 26th the efforts of the prosecution were directed toward breaking down the alibis of Beggs, Burke and O'Sullivan. A number of witnesses testified in contradiction of statements made by previous witnesses for the defense. Ox the 26th the Citizens' State Bank of York, Neb., suspended. ON the Topeka & Santa Fe road an express car was robbed of $30,000 by tifteen masked men on the night of the 26th at Berwyne, Ind. T. THE North Pacific whaling fleet arrived in San Francisco on the 26th. The catch this year was the poorest in ten years, and comprised 12,000 barrels of oil and 217,000 pounds of bone. THE death of John B. Emery, the oldest Grand Past Master of the 1.0.0. F. of the United States, occurred in Baltimore on the 23th, aged eighty-three years. THE failure of McLeod & Anderson, tobacco warehousemen at Louisville, Ky., occurred on the 25th for $100,000. A. J. GERSTEL, of Peoria, III., tobacco dealer, was on the 26th charged with defrauding creditors out of $40,000. He had fled. THOMAS DAVIDSON, a wealthy farmer, aged seventy-five years, who lived alone at a farm near Arcola. III., was found murdered in his stable on the 26th. AT St. Louis on the 26th the National Silver convention met with 850 delegates present from all parts of the country. FIRE nearly destroyed the town of Wesley, Ia., on the 27th. THE death of Peyton Wilkes, aged one hundred years. occurred at Greenville, Ore.. on the 27th. ON the 28th the National Silver convention closed its sessions at St. Louis. It adopted a platform calling for the free and unlimited coinage of standard silver dollars to be legal tender for all debts. OFFICERS on the 28th arrested nine men at Berwin and Ardmore, Ind. T., for the recent Santa Fe train robbery. ON the 28th Rev. Erdman Delorme, a minister of the German Reformed church, committed suicide at Hunting


Article from The Worthington Advance, December 5, 1889

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WEST AND SOUTH. AT Canton, O., James H. Carney, ar employe of the Kinsely iron works, was accidentally shut in an oven of the works, and when found on the 25th he was completely baked. FIRE on the 25th at Edwardsville, Ill., destroyed Kehlor Brothers' mill, elevator and warehouse and other buildings. Loss, $300,000. DISPATCHES of the 25th say that the two bandits who recently robbed the express car on a train in the Choctaw Nation, Ind. T., secured between $40,000 and $50,000. WHAT was alleged to be a fraud involving $900,000 was said to have been developed in the Fredericksen Land Company on the 25th at Chicago, hundreds of persons, both rich and poor, being the victims. IN the Cronin murder trial in Chicago, the defendants after introducing two or three witnesses on the 25th to strengthen their alibis for Kunze and O'Sullivan, closed their side of the case, and the State began at once to offer its rebuttal testimony. IT was said on the 23th that Abram H. Lichty, administrator for several large estates at Mount Carroll, III., and guardian for a number of heirs, was a defaulter for from $20,000 to $50,000. OVER one thousand hogs died of cholera near Seymour, Ind., in the two weeks ended on the 25th, and many more were affected. AT Salt Lake City arguments in the matter of admitting Mormons to citizenship were finished on the 25th, and the court reserved its decision. DISPATCHES of the 26th say that Hans Jacob Olson, of Preston, Wis., a troublesome character, was taken from his home by masked men and lynched because he refused to leave town. IN the Cronin trial in Chicago on the 26th the efforts of the prosecution were directed toward breaking down the alibis of Beggs, Burke and O'Sullivan. A number of witnesses testified in contradiction of statements made by previous witnesses for the defense. ON the 26th the Citizens' State Bank of York, Neb., suspended. ON the Topeka & Santa Fe road an express car was robbed of $30,000 by fifteen masked men on the night of the 26th at Berwyne, Ind. T. THE North Pacific whaling fleet arrived in San Francisco on the 26th. The catch this year was theopoorest in ten years, and comprised 12,000 barrels of oil and 217,000 pounds of bone. THE death of John B. Emery, the oldest Grand Past Master of the I. O. O. F. of the United States, occurred in Baltimore on the 25th, aged eighty-three years. THE failure of McLeod & Anderson, tobacco warehousemen at Louisville, Ky., occurred on the 25th for $100,000. A. J. GERSTEL, of Peoria, III., tobacco dealer, was on the 26th charged with defrauding creditors out of $40,000. He had fled. THOMAS DAVIDSON, a wealthy farmer, aged seventy-five years, who lived alone at a farm near Arcola. Ill., was found murdered in his stable on the 26th. AT St. Louis on the 26th the National Silver convention met with 350 delegates present from all parts of the country.


Article from The Emporia Weekly News, December 5, 1889

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Nebraska Bank Fatiure, OMAHA, Neb., Nov. 27.-R. G. Dun's mercantile agency yesterday received a telegram from York saying that the Citizens' State Bank at that place had failed. The immediate Cause of the suspension was the failure of J. F. McConaughey, the cashier, who also runs a large general store at York. The store closed its doors and this-was immediately followed by the failure of the bank. A branch bank at Benedict, in the same county, is also said to have gone under. Details are not yet received.


Article from River Falls Journal, December 5, 1889

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WEST AND SOUTH. DISPATCHES of the 26th say that Hans Jacob Olson, of Preston, Wis., a troublesome character. was taken from his home by masked men and lynched because he refused to leave town. IN the Cronin trial in Chicago on the 26th the efforts of the prosecution were directed toward breaking down the alibis of Beggs, Burke and O'Sullivan. A number of witnesses testified in contradiction of statements made by previous witnesses for the defense. ON the 26th the Citizens' State Bank of York, Neb., suspended. ON the Topeka & Santa Fe road an express car was robbed of $30,000 by fifteen masked men on the night of the 26th at Berwyne, Ind. T. THE North Pacific whaling fleet arrived in San Francisco on the 26th. The catch this year was theopoorest in ten years, and comprised 12,000 barrels of oil and 217,000 pounds of bone. THE death of John B. Emery, the oldest Grand Past Master of the I. O. O. F. of the United States, occurred in Baltimore on the 25th, aged eighty-three years.' THE failure of McLeod & Anderson, tobacco warehousemen at Louisville, Ky., occurred on the 25th for $100,000. A. J. GERSTEL, of Peoria. III., tobacco dealer, was on the 26thcharged with defrauding creditors out of $40,000. He had fled. THOMAS DAVIDSON, a wealthy farmer, aged seventy-five years, who lived alone at a farm near Arcola. Ill., was found murdered in his stable on the 26th. AT St. Louis on the 26th the National Silver convention met with 350 delegates present from all parts of the country. FIRE nearly destroyed the town of Wesley, Ia., on the 27th. THE death of Peyton Wilkes, aged one hundred years, occurred at Greenville, Ore.. on the 27th. ON the 28th the National Silver convention closed its sessions at St. Louis. It adopted a platform calling for the free and unlimited coinage of standard silver dollars to be legal tender for all debts. OFFICERS on the 28th arrested nine men at Berwin and Ardmore, Ind. T., for the recent Santa Fe train robbery. ON the 28th Rev. Erdman Delorme, a minister of the German Reformed church, committed suicide at Huntington, Ind., while insane by shooting himself. AT Cleveland, O., the National Dairy and Food Commissioners' Association of the United States was organized on the 27th, its object being to promote purity in articles of human food and drink. THIRTY Mexican herders and five American cowboys perished in the recent Colorado blizzard. IN his annual message to the Legislature on the 27th the Governor of South Carolina recommended separate accommodations on railroads for whites and blacks. AT Caredo, O.,a train ran intoa wash-


Article from Barton County Democrat, December 5, 1889

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Nebraska Bank Failure. OMAHA, Neb., Nov. 27.-R. G. Dun's mercantile agency yesterday received a telegram from York saying that the Citizens' State Bank at that place had failed. The immediate cause of the suspension was the failure of J. F. McConaughey, the cashier, who also runs a large general store at York. The store closed its doors and this was immediately followed by the failure of the bank. A branch bank at Benedict, in the same county, is also said to have gone under. Details are not yet received.


Article from The Jasper Weekly Courier, December 6, 1889

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directed toward breaking down the alibis of Beggs, Burke and O'Sullivan. A number of witnesses testified in contradiction of statements made by previous witnesses for the defense. THE Citizens State Bank of York, Neb., suspended on the 26th. A FRENCH milliner of New York City was on the 26th made to pay a $1,000 fine for having imported a French woman to work in her shop. IN Jersey City, N. J., Grand Army of the Republic posts were on the 26th raising funds to secure National flags for the twenty-one public schools of the city.