Kennan State Bank - Kennan, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 8, 1927
Location: Kennan, Wisconsin (45.531, -90.587)

Metadata

Model: gpt-5-mini
Short Digest: 039a59b4

Response Measures

None

Description

Article reports the bank had closed earlier in the year and a receiver was appointed; receiver is now making a payment to depositors. No run is mentioned. Classified as suspension leading to closure/receivership.

Events (2)

1. September 8, 1927 Receivership

Newspaper Excerpt: Checks amounting per cent of their deposits ... representing the first payment since the bank closed its doors this year. The payment made Prehn, receiver the bank had approved Judge Risjord.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank closed earlier in the year and placed in receivership (receiver approved by judge).
Newspaper Excerpt: first payment since the bank closed its doors this year.
Source: newspapers

Newspaper Articles (1)

1. September 8, 1927 Wisconsin State Journal Madison, WI

Article from Wisconsin State Journal, September 8, 1927

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Article Text

Bank Receiver Pays Half to Depositors Wis. (LP) Checks amounting per cent of their deposits the hands depositors the Kennan State bank day. representing the first payment since the bank closed its doors this year. The payment made Prehn. receiver the bank had approved Judge Risjord. JESSE MELOY STRICKEN Jesse Meloy, proprietor the Washington billiard parlor, 117 East avenue, was taken local hospital today following sudden attack of illness His condition noon today was said be not critical.