First National Bank - Kansas, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 11598
Charter Number: 11598
Start Date: March 1, 1933*
Location: Kansas, Ohio (41.245, -83.285)

Metadata

Model: gpt-5-mini
Short Digest: 86228123

Response Measures

None

Receivership Details

Depositor recovery rate: 100.0%
Date receivership started: 1933-09-13
Date receivership terminated: 1937-03-13
Share of assets assessed as good: 71.6%
Share of assets assessed as doubtful: 26.6%
Share of assets assessed as worthless: 1.8%

Description

Article reports the First National Bank of Kansas, Ohio suspended business March 1933 and a receiver was appointed to liquidate the institution in September 1933. No explicit run is mentioned; the bank went into suspension and liquidation/receivership. The receiver later sued stockholders for double liability.

Events (4)

1. February 13, 1920 Chartered

Source: historical_nic

2. March 1, 1933* Suspension

Cause Details: Article states the bank suspended business in March 1933 but gives no specific cause (no run or government action specified).
Newspaper Excerpt: The bank suspended business March 1933
Source: newspapers

3. September 1, 1933* Receivership

Newspaper Excerpt: the receiver, Charles LaNier, receiver of the banking institution. The bank suspended business March 1933 the was appointed to liquidate the institution September 1933.
Source: newspapers

4. September 13, 1933 Receivership

Source: historical_nic

Newspaper Articles (1)

1. March 23, 1934 The News-Messenger Fremont, OH

Article from The News-Messenger, March 23, 1934

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Article Text

Sandusky County Court News SUIT SEEKS TO HAVE ABOWD LEASE VOIDED, PROPERTY SOLD Suit to sell real estate to pay legacies, forfeiture and cancellation lease, and judgment against Charles Abowd Albert Abowd the $1,297.37 with interest was filed common pleas court Friday by B. B. Smith, adthe estate the late W. B. Heim. addition to Charles Albert Abowd Abowd's Cafe, Inc., there 45 defendants listed. The administrator says that the personal estate the decedent wholly insufficient to pay the legacies and bequests of the Heim will and that necessary to sell inlots 116 Fremont. This estate now under year lease Charles and Albert Abowd, the lease being entered between the Abowds May 30, Terms of the $2,400 year for the first five years; $2,100 year for the next five for the next five: and $1,800 for the next five years. The Abowds were also pay taxes. The says that the taxes have not been paid and that no rental has been paid since the the widow, Mrs. Clara Heim, who died No. 1933. The also claims he notified by registered mail the Abowds that unless of the by March 1934, steps would taken forfeit, and avoid the lease. He asks that the buildings and real be to the and that the sold of the W. Heim The for judgment against Charles and Albert Abowd for $597.33 for taxes and $700 for rent due and unpaid for December, and March at the rate of $175 month RECEIVER SUES Suit to collect double liability from five Sandusky county residents who stockholders in the First National Bank of Kansas, Ohio. which being liquidated, was filed in common pleas court here Thursday afternoon by Charles LaNier, receiver of the banking institution. The bank suspended business March 1933 the was appointed to liquidate the institution September 1933. had capital stock $25,000 in 250 shares. Those named in the petition, and the amounts claimed ceiver, Clyde Rex, $100; Ray LeRoy Michael, $200: Weaver. $200; Helen Weav$100, and Walter Kirwin, $500. JURY HEARS CASE Only eight persons on the jury which was seated to hear dence in the personal of Lester Reich against Held of Fremont, which started in compleas court late Thursday Attorneys for plaintiff and defendant agreed submit the case eight jurors. The suit based accident several ago on U. way west The jurors the are Jacob Mutchler, Bauman, Blanche Fabing, Richard Becher, Grant Ethel Snyder, Ed Joseph and Gladys Rogers. ASKS DISTRIBUTION Distribution of the of the estate of the late Louis Quinn requested application filed in probate Friday by Henry G. Stahl. administrator. de bonis The administrator reported that the cash on hand that the amount of preferred claims is $1,200.51, leaving balance of $11,760.94 for distribution among ers in the county Friday that deadthe general This line for listing of will exproperty mean dividend of 38.32 percent, pire March There will be the administrator said, there are extension granted. Although listgeneral claims totaling $30,691.38. ing must be done by March ten The that $1,184.21 additional days are granted to pay be paid to the clerk of court the taxes. Only two fifths of those await action: that $599.80 who should file returns have be paid the Liberty Banking Com- peared listed their property for pany one claim $2,339.99 taxation, the auditor declared. another; that $7,580.87 be paid the Third National Exchange Bank RECEIVED JUDGMENT Sandusky: and that $56.70 go to the Mrs. Lelia Johnston received Castalia judgment against the City Judge Robert Gabel also Fremont Thursday Judge Irvproved $375 for ing Norwalk, overtorney fees for Stahl. Stahl ruled motion for new trial of her Stahl, reported detail damage against the city. connection the estate Judge Carpenter heard the February 18, 1933 to April 1934. by request Judge W. MAY TAKE ROAD The highway will take the road south of Gibsonthe village with Highway into the state system, the residents of the road will agree guarantee 60-foot declared at hearing city hall at Thursday The state wants the portion the complete State High way 300, which would connect with Highway 20. Some the state taking the road, but may be was stated. The present not feet, state highway officials say. SUIT TO FORECLOSE The Kentucky Joint Stock Land Bank of Lexington, Ky., filed suit Friday against Joseph and Loretta Shiets. suit based $3,000 given August 1925, secured land in Rice township. note was due in semi-annual payments $99.69 each, the latter of which have not paid, the bank claims. asks for judgment in the amount and for which paid. The Ochs Motor Car Company also asked set up its claims against the premises. TAX RECEIPTS MOUNT The total collection real tate taxes during the December period mounted Herman Kowalk, county treasurer, revealed Friday. More than $2,200 was paid in Thursday Indications that the total will reach $500,000 before all the books are closed, the treasurer declared. Collection personalty taxes was not high Thursday, only being reported. Of this $208.91 general and $340.79 was classified. ASKS $738.30 JUDGMENT Suit have judgment for $600 account which theiy claim to hold against Mrs. Anna Weller. was filed Friday by Ochs Brothers Company of Fremont. The plaintiff claims the amount due for neral services. Interest from May 1930, would the $738.30, the plaintiff declares. for which judgment sought. VERDICT FOR DOCTOR Dr. Charles Wehr, of Bellevue, received verdict for against Charles Headings, also Bellevue, common pleas court late Thursday afternoon. Dr. Wehr had for $200 bill which he claimed hold against the defendant for treatment the defendant's 1929. The verdict unanimous, ALLOWS MOTION After motion to that effect had been filed by the defendant, Judge W. Overmyer Friday ordered the plaintiff make an additional $25 deposit for costs the case Clinton Crinion against K. Frank. DIVORCE DISMISSED The divorce case Mrs. Bernice Schlegel against Burton Schlegel was settled and dismissed in common pleas court Friday the parties were given permission withdraw their pleadings. REPORTS SALE MADE W. Hiller, administrator the estate of the late Samuel Berton Williams, reported in probate court Friday has sold personal of the estate for $609.54, all cash receipts. APPROVED REPORT Report of the Vickery, Dr. Hartman and R. Callaghan, in the partition