15676. Farmers State Bank (Lahoma, OK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1923*
Location
Lahoma, Oklahoma (36.388, -98.090)

Metadata

Model
gpt-5-mini
Short Digest
51d1b01eb7ac3c73

Response Measures

None

Description

Articles refer to the failure of the Farmers State Bank at Lahoma in 1923 and subsequent criminal prosecution of a banker (Conneway/Connoway) for conduct connected with the bank's failure. There is no mention of a depositor run or a later reopening; the bank appears to have failed and entered receivership. OCR variations of the banker’s name appear in articles (Conneway / Connoway) — both refer to the same individual implicated in the 1923 failure.

Events (3)
1. January 1, 1923* Receivership
Newspaper Excerpt
failure of the Farmers State Bank at Lahoma in 1923. Security State bank receiver paying a ten percent dividend to depositors today. That makes 35 per cent. (context mentions receivership and liquidation activity following failures).
Source
newspapers
2. January 1, 1923* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed in 1923; later criminal charges arising from the failure (receiving deposits in an insolvent bank, indirect loans, willful misapplication of bank funds).
Newspaper Excerpt
failure of the Farmers State bank of Lahoma in 1923.
Source
newspapers
3. February 20, 1925 Other
Newspaper Excerpt
W. J. Conneway, former Guthrie banker, will be tried in Enid next week, on charges growing out of the failure of the Farmers State bank of Lahoma. I. T. McIntrish, prosecutor for the state banking department will try Connoway on three separate and distinct charges, the receiving of deposits in an insolvent bank, indirect loans, and willful misapplication of the bank's funds.
Source
newspapers

Newspaper Articles (5)
1. February 20, 1925 The Guthrie Daily Leader Guthrie, OK
Article from The Guthrie Daily Leader, February 20, 1925

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Article Text

LOCAL AND PERSONAL C. M. Stout, of Atchison, Kan., is in the city. F. W. Lintz has returned from Ft Worth. City hall flag at half mast out of respect to the late C. M. Barnes, forIner mayor. Bart Barnes, son of the late Gov. Parnes, resigned five years ago. He is n/c/w a broker connected with Kidder, Peabody & Co., New York. Rumor that Gresham mill is to be sold ond dismantled. Bath house will need enuch repairing before it is entirely habitable. E. A. Hudson, late of Bartlesville, manager for the Thompson-Parker Lumber company, has moved his family to the Luther West home on East Cleveland avenue. R. L. Gray, dealer in second hand goods has bought the Pabst building formerly occupied by Rates cafe at the corner of Oklahoma and Second streets. Contracts for grading and bridging for the ten mile Division road, Guthrie to Edmend, will be let by the state highway commission Tuesday. Logan board will be present. Plans are being drawn by an Oklahoma City architect for a new interurban station here. Quite a number of Oklahoma City people will attend the funeral of the late C. M. Barnes, Saturday. A. E. Axtell. who has conducted a job printing office KD West Oklahoma avenue for thirty years has sold his plant to Chas. S. Hall. Axtell intends to take long rest. Federal Judge Cotteral rapped dry law enforcement methods a hard one Thursday, when he ruled that officers cannot make a purchase of Hquor and then arrest the salesman. Oklahoma university is confident of a $500,000 stadium. according to the report of Bernice Owen, Dr. J. S. Isuchanan and Errett Newby, who are looking for an architect to furnish a design. $415,888 has been pledged up to the present date. John A. Simpson, president of the Farmers Union. announces good work on the part of boys' and girls' farm clubs over the state, will be rewarded annually by trophy cups. Sh cups lave been ordered by the union and will be awarded to the state champions and the district leaders. W. J. Conneway, former Guthrie banker. will be tried in Enid next week, on charges growing out of the failure of the Farmens State bank of Lahoma. I. T. (MeIntrish, prosecutor for the state banking department will try Connoway on thre separate and distinct charges. the receiving of deposits in an insolvent bank. indirect loans, and willful misapplication of the banks, funds. Mrs. Helen Walford. who lived in Guthrie at one time. together with her 17-months-cld baby, were severely burned, by an explosion. in Oklahoma City Wednesday. Many radio fans In Guthrie heard "The Voice of Oklahoma." broadcasted from Bristow. by the Cushing junior chamber of aommerce. last 23. Management Mrs. John Peeler. Another March day with high wind from south. Rain probibly tonight. Dinner by P. T. A. women, Saturday noon, 50c. Building opposite That chap who prophesied the end of civilization may be right. He didn't say which end. Joe Ehort, Osage Indian is here today from Pawhuska. He recently gave $50,000 to an orphan's home in Kansas. Short is,said to be worth a million and he didn't get it all from the government. After receiving his first annual payment several years ego he went to Pennsylvania and bought land near Pittsburgh. says he made 375 per cent on his initial investment. A benkruptcy petition filed by Lymon Gray, in federal court Thursday lists debts of $216 and assets of $600 Cooked food sale at the J. C. shades in Lints's greatest silk sale Penney store Saturday, by Division beginning Wednesday. No. 3, Presbyterian Social Circle. Old-fashioned saying: "It wouldn't county attorney is in Washington, do to tell in mixed company." D. C. He will be private secretary Herbert Spencer will be a candidate for re-election of public safety, Greatest silk sale in Lintz's hishe said today. His petition is being tory begins next Wednesday. Supreme values will mark Lintz's greatest silk sale beginning Wednesday. Dinner by P. T. A. women, Saturday noon, 50c. Building opposite There is one woman on the state board of affairs. She is Mrs. P. S. Nagle of Kingfisher. Twenty-nine Logan county men are confined in the state penitentiary on McAlester, serving time for different crimes. Mildred Jamison, Pawnee girl was in Guthrie today looking for Herbert Hyde, former assistant left home after a quarrel with her father and it is thought she came to Guthrie. No trace of her could to Senator Pine after March 4. be found here. A recent check-up of former Guthrie people now living in California A barber of Montreal Canada, announces himself as "H. Johnst one. Amos Ewing was oil inspector of the territory under the Barnes adHair Dresser, Facial Operator, Cranministration. Ewing and Barnes fum Manipulator and Abridger, were close friends. Haircutting and Shaving with An.bidexvtrous Facility." Funeral services for the late Gov. Geo, Washington cut down the cherry tree. In commemoration of his birthday, we are offering you full pound box of Maxixe Chocolate Covered Cherries for 59 cents Saturday and Sunday, Feb. 31 and 22nd.-Gray's Drug store. Come and be a child again with the "Children in Fairyland." Christian church, Feb. 23. The bath house is open and the business (8 good, according to Manager Garscia. New spring silks by the hundreds of yards in the greatest silk sale in Lintz's history beginning Wednesday. Dinner by P. T. A. women, Saturday noon, 50c. Building opposite All new spring shades including the high colors as well as staple The rush is on at the county treasurer's office. Taxes being paid rapidly. County Assesser Humphrey and his assistants are Heting property in the county at present. The offices here are closed. See Lintz's windows tomorr night for displays of those beautiful spring silks in Lintz's greatest silk her mother. She says her mother placed the number at 175, C, M. Barnes will be held Saturday afternoon at 2 c'olock at the Episcopal church. The body will crrive over the Santa Fe Saturday morning. Advertising pays. Try it out and be convinced. Leader classified brings results: Taxpayers complain of higher taxes this year compared with last. Tom Taylor, city patrolman will be a candidate for the officer of Commissioner of Public Safety. Security State bank receiver pay ing a ten percent dividend to depositors today. That makes 35 per cent. Leader Classified Ads Get Results.

2. February 5, 1927 The Oklahoma News Oklahoma City, OK
Article from The Oklahoma News, February 5, 1927

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Article Text

JOHNSTON SAYS NAMES STUDIED Governor Intimates Action Next Monday DEFENDS CRIME BUREAU Wants Board Strengthened for More Work Governor Johnston intimated urday to newspape: men that on Monday or Tuesday he will send to the Senate new list of highway missioners, chosen from 50 on which he has been holding court of inquiry. He also defended the naming of Lowther as for liquidating agents of the banking departas the interest of in failed the his he Explained his for an of the J. to for of the state in failure the Farmers State Bank at Lahoma in Declared refutation of reports that he has not withdrawn Pat Murphy for member the State Industrial been by Senator John A. Goodall that Murphy cannot be Expressed the that the State Investigation should be continued, but be used solely for crime and Promised that will have message the legislature, early next dealing. as promised the he criminal and possibly discussing conservation and some other Said that his two appointees the special Supreme Court will be Monday Tuesday Withholds Names Johnston did not give tion as the names submit to the Senate for highway commissioners. He did even say that he will new names like the old Dutch justice explained. said 'I'll this advisement Monday and then I'll decide for the The governor went on to explain that has been holding court of inquiry on about 50 that to him, and that many of them are still under advisethe with the governor big from headed by Fred Merto urge the claims of Ray Weeks SalThe gave the reporters the that the when will his own. regard. less the He declared he does not consider nctual experience in highway construetion is to highway comand quoted highway engineer as that the chief requisites are good business judgment and of men. Outlines Qualifications In Johnston's the chief essentials, in the order of sobriety "at least few grains of common He stressed and said would like he get five who are "teetotalers. As to Lowery, he confirmed made the by Commissioner O. B. Mothwho declared the appointment did reported in the morning Job. for pet the but out plan had in mind for In past It has been the of to name attorney which the bank is located (Turn Page

3. February 5, 1927 The Cushing Daily Citizen Cushing, OK
Article from The Cushing Daily Citizen, February 5, 1927

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GOVERNOR BREAKS SILENCE TODAY TALK REPORTER Says Will Send Names To Senate Monday Or Tuesday; Likely Former Date DEFENDS APPOINTMENTS Another Message To Legislature Early Next Week; Pat Murphy Still In Ring OKLAHOMA CITY, Feb. Governor Johnston, in the course of long and frank conversation with reporters today: Intimated that on Monday or Tuesday he will send to the senate rew list of highway chosen from some fifty names on which he has been holding an court of inquiry. Defended the naming of Lowther as attorney for liquidation agents of the banking department move in the interests of depositors in failed banks. Explained his reason; for seeking investigation of the conviction R. Conneway, sentenced to two years for violation of the state banking in connection with the failure of the Farmers State bank at Lahoma in 1923. Declared, in refutation of reports, that he not withdrawn the name of Pat Murphy, for member of the state industrial commission. Expressed the opinion that the state bureau of investigation should be contiuued, but be used sölely for crime investigation, and not for espionage, as he charged had been done in the past. Promised that he will have message for the legislature early next week probably dealing, as he promised the senate he would, with new criminal code, and possibly discussing also conservation and some other matters. Said that his two new appointees to the special supreme court will be announced Monday or Tuesday.

4. February 5, 1927 Sapulpa Herald Sapulpa, OK
Article from Sapulpa Herald, February 5, 1927

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VERNOR ON NEW LIST Expresses Opinion That State Bureau of Investigation Should be Continued. OKLAHOMA CITY. Feb. 5.-Governor Johnston in the course of long and frank conversation with reporters today Intimated that on Monday or Tuesday he will send to the senate list of highway commissioners chosen from some 50 names on which he has been holding court of inquiry. Lowe Defended Defended the of naming E. Lowe the for liquidating agents of the banking department move the interest of depositors in failed banks Explained his reasons for seeking an investigation of the conviction sentenced to two years for violation of the state banking act in connection with the failof the Farmers State Bank at Lahoma in 1923. Declared in refutation of reports that he withdrawn the name Pat Murphy for member of the state industrial nor been advised Senator John Goodall, that Murphy cannot be conExpressed the opinion that the bureau of investigation should be continued, but be used solely for crime investigations and not for espionage, in the past. Message Promised that he will have mesfor the legislature early next week, dealing. as he promised, the senate he would. with new criminal code, and possibly discussing also conservation and some Said that his two new appointees the special supreme court will announced Monday or Tuesday. Johnston did not give any indication as to the names he will submit to the senate for highway commissioners. He did not even say definitely that he will submit new names To Take Case Under Advisement the old Dutch justice of peace," he explained. He said, "I'll take the case under advisement until Monday and then I'll decide for the plaintiff.' The governor went on to explain that has been holding court inquiry on about 50 names that have been submitted to him that many of them are still under advisement.

5. February 6, 1927 The Lawton Constitution Lawton, OK
Article from The Lawton Constitution, February 6, 1927

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JOHNSTON MAY SEND SENATE Governor Promises Message Next Week Dealing With Criminal Code. OKLAHOMA Feb. Governor Johnston's statement Saturday that he had been court of inquiry some 50 appointees to the state highway and his statement would probably send munication to the senate the of week, is generally taken that he of five But whether that peace between the the senate remains termediaries have range slate that ceptable to the and governor senate. But there has as yet to indicate they been Johnston names mitted him, but the posted incline the idea the next list goes to the will be composed not exclusively, of Henry Johnston men. It practically certainty will have member of the old commission, though friends of Roy Johnson entirely abandoned legislative eventful The one. undoubtedly have at more, lists of And final action on the of Murphy and Hugh Howard industrial and fire marshal respectively. Monday morning the on revenue and taxation will be launched the most bitter fight expected before the legislathis year when the open hearon the Nance corporation tax bill will be begun. James Nance, vice chairman of committee, claims to enough strength to report out there strong being organized the on floor. OKLAHOMA CITY. Feb. Governor Johnston, in the course long and frank conversation with reporters today: Intimated that Monday Tuesday will send to the new list highway missioners, chosen from which has been court Defended the naming Lowther for attorney liquidating agents of the banking department move in the interests depositors in failed banks. Explained his reasons for seeking investigation of the of R. J. Conneway, tenced to two years for violation the state banking in nection with the failure. of Faimers' State bank Lahoma 1923. Declared, in refutation of ports, that he has not withdrawn the of Pat for Murphy member the state industrial commision, nor been advised by SenJohn A. Goodall that Murphy cannot be confirmed. Expressed the opinion that the state bureau for crime investigaand not for espionage, as the Promised that he will have message for the legislature early See Page Three, No.