Wichita National Bank (Wichita, KS)

View Charter #2786 on SPMC View balance sheet

Episode Information

Episode UID
278601136
Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
27860 national
Charter Number
2786
Start Date
August 1, 1894
Location
Wichita, Kansas (37.692, -97.338)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e13b72d8dcdedccf

Response Measures

Partial suspension, Full suspension, Books examined

Other: Comptroller of the Currency took charge (regulatory takeover) and the receiver was appointed; depositors were asked to accept time certificates (extension) to enable resumption.

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1894-09-05
Date receivership terminated
1898-02-28
OCC cause of failure
Losses
Share of assets assessed as good
12.0%
Share of assets assessed as doubtful
75.1%
Share of assets assessed as worthless
12.9%

Description

Bank suspended after a depositor run tied to failure of a local bank and derogatory statements; resumption attempted but ultimately placed in receivership.

Events (7)
1. September 29, 1882 Chartered
Source
historical_nic
2. August 1, 1894 Run
Cause
Local Banks
Cause Details
Quiet run and heavy withdrawals followed the earlier failure of the State National Bank and circulating derogatory statements about the bank.
Measures
Officers solicited depositor agreements and prepared time certificates to extend claims; sought support from correspondent banks and comptroller.
Newspaper Excerpt
The failure of the Wichita National bank is directly due to a quiet run begun upon the bank in common with other Wichita banks immediately after the failure of the State National bank last May.
Source
newspapers
3. August 13, 1894 Suspension
Cause
Local Banks
Cause Details
Heavy drain/withdrawals (a run) precipitated suspension; articles also cite derogatory statements and bad paper but emphasize withdrawals following other local bank failures.
Newspaper Excerpt
The Wichita National bank ... went into the hands of the Comptroller of the currency this morning. ... Irresponsible people have been attacking the stability of the institution for three weeks and there has been a constant and heavy drain on us during that time.
Source
newspapers
4. August 18, 1894 Other
Newspaper Excerpt
The proposition is to issue certificates to the depositors bearing 4 per cent interest... It is expected that the bank will be open for actual general business by September 1.
Source
newspapers
5. September 1, 1894 Reopening
Newspaper Excerpt
Arrangements have been completed with the depositors ... the bank will reopen its doors for business on September 1. The comptroller ... has been fully satisfied by Examiner Ewing's statement of the solvency of the institution under the proposed arrangements.
Source
newspapers
6. September 5, 1894 Receivership
Source
historical_nic
7. January 4, 1895 Receivership
Newspaper Excerpt
The Wichita National bank has given up hope of resumption and has gone into the hands of a permanent receiver.
Source
newspapers

Newspaper Articles (22)
1. August 13, 1894 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, August 13, 1894

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HEAVY BANK FAILURE The Wichita National Bank Closes Its Doors. Failure Due to Derogatory Statements MADEABOUTTHE BANK The Bank Was Capitalized at $300,000. Its Failure Causes Much Excitement at Wichita. WICHITA, Kan., Aug. 13.--The Wichita National bank, the oldest banking institution in the southwest, went into the hands of the comptroller of the currency this morning. Their lastreport, made in July, showed only $26,000 in specie on hand. It is said the bank holds considerable bad paper. County commissioners have $14,000 in tho bank. The deposits amounted to about $260,000. The capital stock and surplus aggregates $300,000. President M. W. Levy is in Kansas City, having gone there last night to see if arrangements could be made to tide over the trouble. The closed doors this morning told the story of his failure to secure help. Cashier Walker said: "Irresponsible people have been attacking the stability of the institution for three weeks and there has been a constant and heavy drain on us during that time. "The county commissioners among others listened to the stories afloat and checked out $46,000 without giving us any notice. I believe the suspension is only temporary and even if the bank is closed for good, we can pay all our debts if we collect thirty-five cents on the dollar of what is due us." The excitement about town is very great but it is believed that all of the other banks are prepared to protect themselves.

2. August 13, 1894 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, August 13, 1894

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Suspended Bank. Wichita, Kas., Aug. 13.-The Wichita National bank, the oldest banking instilution in the southwest, went into the hands of the comptroller of the currency this morning. The deposits amounted to above $260,000; capital stock and surplus aggregated $300,000; President W. W. Levy is in Kansas City having gone there last night to see if an arrangement could not be made to tide over the difficulty and to-day the closed doors told the story of his failure. The cashier said: "Ibelieve the suspension will only be temporary and even if the bank is closed for good we can pay all our debts if we collect 35 cents on the dollar of what is due us."

3. August 14, 1894 The Times Richmond, VA
Article from The Times, August 14, 1894

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National Bank Suspentis WICHITA, KANS. Aug. 13.-The - Wichita National Bank, the oldest banking institution in the Southwest, went into the hands of the Comptroller of Currency this morning. Their last report, made in July, showed only $26,000 in specie on hand. It is said the bank holds considerable bad paper. The county commissioners have $14,000 in the bank. The direct cause of the suspension is not given out and figures are unobtainable at the present hour. The president is M. Levy and cashier C. A. Walker.

4. August 14, 1894 The Morning News Savannah, GA
Article from The Morning News, August 14, 1894

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GONE WITH A CRASH. A Kansas Bank Passes Into the Controller's Hands. Wichita, Kan., Aug. 13.-The Wichita National bank, the oldest banking institution in the southwest, went into the hands of the controller of the currency this morning. The bank's last report, made in July, showed only $26,000 specie on hand. It is said the bank holds considerable bad paper. The county commissioners have $14,000 in the bank. The direct cause of the suspension is not given out, and figures are unobtainable at the present hour. The president is M. Levy and cashier A. C. Walker.

5. August 14, 1894 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, August 14, 1894

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NEWS OF KANSAS. Particulars in Regard to the Wichita Bank Failure. Haskell Indians to Go Into Camp at Bismarck. OTHER STATE NEWS. A Farmer Nominated forCounty Attorney by Chase Populists. WICHITA, Aug. 14-The failure of the Wichita National bank is directly due to a qulet run begun upon the bank in common with other Wichita banks immediately after the failure of the State National bank last May. The deposits which at one time amounted to $1,700,000 have steadily decreased for the past six years until at the close of business last Saturday night they amounted to only $140,000. Mr. C. A. Walker, the cashier of the bank, said: "The action of the board of county commissioners together with 100 able bodied liars, is responsible for the notice upon our door. "We have opened our doors every morning for 22 years and now our epitaph can be written in these few words, 'talked to death." Mr. Walker said that the poor crop prospect and general depression of values in consequence had seriously affected the banking interest throughout the entire west, but he expressed himself as of the opinion that the other banks in this city were in good shape to withstand a run. The general opinion seems to be that the blow will be very hard on Wichita. Many small merchants will be greatly embarrassed and the result cannot be estimated. The effect will be equally disastrous in the smaller towns in the southwest that had exchange deposited here. Some of these will be closed in consequence.

6. August 16, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, August 16, 1894

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WASHINGTON, Aug. 15.-Never before in the case of a Kansas bank failure has there been such a scramble for the receivership, as that now in progress over the Wichita National bank. This is in the face of the fact, too, that no receiver is likely to be appointed. There is a disposition at the office of the comntroller of the currency to allow the bank to resume business, provided the management is able to comply with the usual conditions. It was stated today that a comparison of the statements offered for May 4 and July 18 show that the decrease in deposits had probably caused the break, and, this being the situation, it is looked upon as being favorable for the resumption of business. But this fact does not appear to be known in Kansas, for the wires are kept busy with ap lications for the receivership. Senator Martin of Kansas says he has received a large number of applications from men from one end of the state to the other. The first applicatfon received at the office of the comptroller of the currency was C. G. Crandle of Medicine Lopge. An. other man who wants the place is George W. Robinson of Winfield. John Eaton of the same town has also expressed the same desire. George Pitts of Wellington was one of the first to have his application on file. The last one to apply today was David Dale of Wichita and if any receiver, is appointed, it is said his chances are good. Bank Examiner Ewing of Kansas has been sent to Wichita to look after the bank and until he reports the condition of the bank at the time of suspension it will not be decided whether a receiver will be appointed or not.

7. August 17, 1894 The Goodland Republic Goodland, KS
Article from The Goodland Republic, August 17, 1894

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BIG BANK FAILURE. The Wichita National Forced to Close Its Doors. WICHITA, Kan., Aug. 14.-The Wichita National bank, the oldest in Southwest Kansas, failed to open its doors this morning and a notice was posted up that the comptroller had taken charge at the close of business Saturday. The deposits amounted to about $260,000 and the capital stock and surplus aggregate $300,000. President M. W. Levy is in Kansas Ctiy, having gone there last night tq see if arrangements could not b1 made to tide over the trouble, but the closed doors this morning told th story of his failure to secure help. C. A. Walker, cashier of the bank, says: "The responsibility for the suspension can be charged to the county commissioners and a hundred able-bodied liars who have talked the bank to death. Irresponsible people have been attacking the stability of the institution for three weeks, and there has been a constant and heavy drain on us during that time. The county commissioners, among others, list ned to the stories afloat and checked out $46,000 without giving us any notice. I believe the suspension is only temporary, and even if the bank is closed for good we can pay all our debts if we collect thirty-five cents on the dollar of what is due us." The demands on the other banks will probably be heavy, but it is believed that all of them are prepared to protect themselves, for all have been reorganized since the boom and their condition is first class. The small depositors have, however, taken fright.

8. August 19, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, August 19, 1894

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From the Mt. Hope Menton. A Wichita woman says she has looked under the bed fora man every night for twentyseven years and has never found one, till one night the burglars really did come and she found her husband under it. From the Ponco City Courier. Mrs. Lease has written a book with the surgestive caption: "A Compound Man." Mr. Lease is a Wichita druggist, and she wishes to advertise his business. Prescrip. tions carefully compounded! From the Alva Republican. Wichita ways was a hog. She now claims that her old Bill Mathewson was the original "Buffalo Bill." We think that "Tariff Bill" takes the title. It has buffaloed more people than either Mathewson or Cody, From the Topeka Capital. A Vichita girl named Miss Lelia Hardin Bugg has written a novel which sails under the title of ' Orchids." More, it has been published. Still more. it is strictly in the literary swim because sociology is the underlying theme. From the Ha stead Independent. The Wichita National bank, the pride of the people of that town, was forced tosuspend Monday. Halstead parties carried a line of deposits there. It is said that depositors can be paid in full and that the bank will open up again in a few weeks. From the Et Dorado Republican. M. W. Levy's Wichita National bank failed to open Its doors Mon ay morning and is In the hands of the government. This Is one of the oldest national banks in the state. Mr. Levy, the president, is one of the best all around men in Kansas and everybody will be sorry that he is in trouble. From the Clay Center Times. The First National bank, of Wichita, closed its doors Monday. It was one of the oldest banks in the Arkansas valley. M. W. Levy, its president, was treasurer of the old North and South railroad which was never built, but which finally because the Rock Island as constructed through this county. From the Pembody Graphic. A man was found sitting on the steps of the Sedgwick block in Wichita last week entirely bereft of reason. The only way to account for his insanity is that he is some mesmerist who hypnotized the public mind of the Peerless Princess some years ago and then at this late day sought to break the spell. From the Arkansas City Travier. The reason assigned by the officers of the Wichita National bank for the failure of that institution, which has long been regarded us one of the strongest banks in the southwest. shou cause men to stop and think of the great damage that can be done any line of business by lying and slander. This community has suffered sorely by open and unfounded charges. By an investigation of the local situation we learn that none of the ba ks of this city will be affected in the least by the failure reported above. From the Klowa Review. The Wichita National bank closed Its doors Monday. For some time certain parties have been lying about It and finally started a run. For twent wo years the n lehita National has stood like a wall of granite for Wichita and her interests and was one of the soundest moneyed institutions in the world. It would have been better for all concerned if they had stood by the bank and not forced it to the wall. Fools with money should keep it out of the banks If they listen to reports started by men who have no money. We hope the suspension is only temporary. From the Eureka Messenger. The Wichita Nat onal bank. of Wichita. Kansas, was talked to death recently People began to whisper that the bank was not in good conditio and a report of that kind travels night and day. The Wichita National had $600,000 of deposits but they melted gradually away under the influence of bad talk, until last Monday morning. the bank was compelled to close for lack of ready cash although its asset* greatly exceed the Habilities. Th re ought to be a law to punish the busybodies whose wagging tongues wreek important Institutions and bring distress to hundreds of persons.

9. August 19, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, August 19, 1894

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ment. The initiatory steps were taken yesterday towards the resumption of business at the Wichita National bank which suspended last Monday. The largest of the depositors, men with cool heads, business ability and above all, men who have an abiding faith in the ability of the bank to pay dollar for dollar and have large assets left, met day before resterday to talk over the situation, and It was the unanimous sentiment that the assets were sound and adequate enough to pay everybody and put the old institution 20 its feet again. They accordingly went to see the officers of the bank and asked them to take steps to resume business. This movement was also assented to and encouraged by the representative of the comptroller of the currency, who, after examination of the books, found the bank to be in splendid condition. With all this encouragement Edward Vail started out yesterday morning to talk with as many creditors as he could find on the subject, After interviewing forty of the heaviest depositors he had not met with a single object ion to the proposition; on the contrary, all of them were heartily in favor of it and he 80 reported to those who, with bim, first conceived the idea of resumption. These gentlemen reported the state of public feeling to the repre sentatives of the bank so favorably that Mr. Walker immedia had printed the following circular whish will be sent at once, with the proposition, to the depositors WICHITA, Kan., Aug. 18, 1894. To the Depositors of the Wichita National Bank: In contemplation of the resumption of this bank, we find it necessary to ask you to grant us the extension in accordance with the terms of the agreement enclosed, in order that we may be enabled to meet any requirement imposed by the honorable comptroller of the currency. We believe that it is your desire that we resume, but we will not be able to do SO unless we ave your co-operation. We will be pleased to have you sign and return the agreement at yourearliest convenience. Very respectfully, WICHITA NATIONAL BANK, By C. A. Walker, Cashier. The proposition is to issue certificates to the depositors bearing 4 per cent interest. These will be time certificates, 10 per cent of the amount of which will be paid every ninety days until all is paid. The bank will be open tomorrow mornIng at the usual hour for receiving signatures to these propositions for those who live in the city, and it is expected that the bank will be open for actual general business bv September 1. Mr. Vail, who was the most prominent factor in bringing about this happy condition of affairs, is one of the largest depositors. He was happy yesterday over the results achieved and he thinks it will be a sure go. "That bank," said Mr. Vail to & reporter, "is good for every dollar it owes and will pay up, under the present arrangement, not only every cent of its indebtedness, but will pay interest on top of it. I was delighted today with the reception I met from depositors. The nnanimous sentiment was, 'let us resume.' "What shall first be done "The first thing to be done is for depositors to sign the propositions. When all this is done the books will be balanced and the dep given 4 per cent bearing time certificates in ten equal issues, each amounting 10 10 per cent of the amount of the deposits. This will facilitate the settlement of all claims without expense. If 21 receiver were appointed he would naturally get the place as a political plum, and I need not tell you that the old officers of the bank could not only realize on the documents much faster than a receiver could, but it will be done without the expense of receivers and attorneys." "Will the corresponding banks agree to the proposition?" "They will be the first to do so, and not only that, but they will accept the same terms with the smallest depositor. All the corresponding banks know that the assets of the Wichita National are good for every dollar they owe. It is expected that the bank will do much better than even the terms of the proposition indicate. It owns at least $75,000 worth of standard property in Wienita. This will probably be syndicated and its value turned into the bank which. in itself, will go a long ways towards adjusting all claims. I am in hopes that every depositor will consent to the proposition This is no ordinary bank failure, and it is for the interest of the town and the depositors, as well as a justice to the bank itself, that business be resumed." Another gentleman said a settlement of the affairs of the bank on the basis proposed will be a great thing for the business interests of the city. These time deposits, bearing 88 they will 4 per cent interest, will be all thesame as cash and will pass current as such. They will be based on the security of the assets, and if that security was not good the comtroller of the

10. August 20, 1894 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, August 20, 1894

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BANK WILL REOPEN SOON. The Suspended Wichita National to Resume Business on September 1. WICHITA, Aug. 20.-Arrangements have been completed with the depositors and creditors of therecently closed Wichita National bank, whereby, it is authoritively stated, the bank will reopen its doors for business on September 1. The comptroller, it is said, has been fully satisfied by Examiner Ewing's statement of the solvency of the institution under the proposed arrangements.

11. August 21, 1894 Pine Bluff Daily Graphic Pine Bluff, AR
Article from Pine Bluff Daily Graphic, August 21, 1894

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Able to Resume Business, WICHITA, Kan.. Aug. 21.-The directors of the lately suspended Wichita National bank announced that they have been able to make such arrangements with their depositors as will enable them to reopen the institution Sept. 1. Bank Examiner Ewing has satisfied himself of the ability of the bank to meets its obligations handsuccessfully resame business.

12. August 25, 1894 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, August 25, 1894

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Real estate owners and residents of the Eighteenth ward have secured injunctions against the establishment of the proposed smallpox cams by Milwaukee. John Quincy Adams, prominent in Massachusetts politics and two of whose ancestors were presidents of the United States, is dead. Attorney General O'Connor has been authorized to bring suit for recovery of the millions expended by Wisconsin for defense of the general government during the war. President Crawford has called a meeting of the Illinois Miners' union to adjust the conflicting scales in the various districts. The government crop bulletin says corn has been irretrievably injured by drouth in Nebraska, Iowa, South Dakota and Kansas. A site for the smallpox camp at Milwaukee has been selected. The disease has spread from the south side to other sections of the city. At Shencerport, N. Y., fire broke out in a residence and three sleeping boys were burned to death. Passage of the tariff bill by the house created great activity in the whiskey trade. In one hour in Louisville 170,000 gallons were withdrawn from bond. Violent storms swept western states doing great damage to crops and property. A number of people were killed. Wichita national bank, the oldest in southwestern Kansas, has suspended. Deposits on July 18 amounted to $300,000. Deserted by her husband and fearing starvation, Mrs. Adolph Max, of Lyons, Iowa, drowned herself and her two young children. A settlement of the elevator row has been reached at Chicago, the Board of Trade passing the amendment reducing second storage rates to 1/4c.

13. August 30, 1894 The Farmers' Union Memphis, MO
Article from The Farmers' Union, August 30, 1894

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NATIONAL LEAGUE. Per Per W. L. cent. W. L. cent. .510 66 34 .16 Pittsburgs.51 49 Boston .633 55 46 .453 Chicago Baltimore..62 36 55 .444 Cincinnati.44 .624 New York. 63 38 60 .42 St. Louis .412 .563 42 Phil'delp'ia54 .327 Washingt'n33 68 .516 44 Cievelands.53 Louisville..32 .820 .615 68 48 Brooklyns..51 WESTERN LEAGUE. Per Per W. L. cent. W. L. cent. 51 .480 .602 39 Indi'n'p'lis.47 Sioux City.59 .469 52 43 .006 Grd Rapids46 Kansas C'y56 .559 52 Detroits .429 42 56 41 Toledo .552 Milwaukee.32 43 210 62 Minne'p'lis53 FINANCIAL AND INDUSTRIAL -Some of the lines in the east-bound pool, which have fallen behind their agreed percentages. are evening up by shading rates on high-class traffic. -Both east and west-bound shipments are now heavier than last year, and it is believed. notwithstanding poor crops, will so continue. -A consolidation of the various organizations of railroad men is advocated by President Debs of the A. R. U., who offers to resign If the officers of other orders will do likewise. -The Wichita National Bank will reopen its doors. -Five thousand hungry and determined Poles and Bohemians gathered at the Rock Island crossing and Archer avenue. Chicago, Tuesday morning and demanded work. "Give us work or bread!" was their cry. and armed with picks and shovels they looked as If they would fight for the privilege of working. Superintendent Drake. who has charge of the preliminary work for the elevation of the track, said he needed but a fe v men and could do nothing for the crowd which had gathered, He telephoned for the police and Lieutenant Barrett with twenty-five police came hurriedly to the rescue. The police charged the crowd and drove it back without violence. The men were nearly all ignorant and could not understand that the railroad company had no work for them. -Vessel-men are trying hard to force an advance in grain freights. One lot of 40,000 bushels of wheat was on the Chicago market without takers at 1½ cents for Buffalo. A large carrier is being held for 1½ cents on corn. but without takers. -The Nonpareil Printing and Publishinz Company, at Council Bluffs. has been placed In the hands of a receiver. -The Western Electric Company. of Baltimore, has sold its plant and patents to the Fort Wayne Electric Company. -The Purcell Envelope Company. which has the contract for supplying the Federal Government with $3,000,000 worth of stamped envelopes, has decided to abandon Albany and manufacture at Holyoke, Mass. -After an/idleness of over a year. the Thomas furnace at Niles. Ohio, one of the largest iron concerns in the Mahoning Valley, will resume operations -The Wagner Palace Car Company filed in the New York Railroad Commissioner's office their annual report. which shows gross earnings of $4,263,259.06; expenses, 823. 702 15.

14. August 31, 1894 The Kinsley Graphic Kinsley, KS
Article from The Kinsley Graphic, August 31, 1894

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KANSAS STATE NEWS. The Wichita national bank Which closed its doors in NW weeks since, will reopen for business about Septemher 1. The governor has appointed delegates to the national irrigation convention that meets in Denver September 3. Mad dogs have bitten a number of cattle in the vicinity of Winfield lately, many of them having died of hydrophobia. It is stated that the Russian thistle has gained a foothold in Logan, Hamilton, Barton, Wallace Rawlins, Decatur. Norten, Phillips, Smith, Riley and Jefferson counties. E. N. Morrill, republican candidate for governor, has written a letter in which he declares that he is in favor of the free coinage of the silver product of tbs United States at 16 to 1. Two enterprising boys at Hutchinson, aged 0 and 10 years, lately stole two horses and bridles and saddles from neighbors and were preparing to "make the run" for Oklahoma, but were run in by an officer. Wesley Best, once a prominent stockman of Chautauqua county, has been arrested on the charge of being implicated in the Frazer murder four years ago, for which five other parties are already under arrest. The other day Mrs. Mary Jonnson, who runs a small truck farm near Leavenworth, shot and killed Patrick Donohue, a member of the soldiers' home, who was trespassing on her premises. She was arrested. To reduce expenses, it is announced that the Atchison, Topeka & Santa Fe will discontinue one of its daily passenger trains between St. Joseph and Topeka, and also one freight train between the points mentioned. Mrs. Lew Sturdivant, who resides near Rossville; shot Frank Maxwell, a neighbor in the shoulder with a revolver the other night, inflicting a dangerous wound. Mrs. Sturdivant charged that Maxwell insulted her, which he denied. The barn of E. H. Vanhusen, 13 miles southwest of Lawrence, was destroyed by an incendiary fire the other morning. Six horses, a large amount of grain and a number of farming implements were burned. Loss, estimated at $6,000. The other night two brothers, Clay and Emmett Sparks, living 3 miles south of Sawyer, Pratt county, while engaged in a game of cards, had some disagreement which resulted in Clay shooting Emmett, killing him almost instantly. The board of pardons has recommended an unconditional pardon to James Rose, of Ellsworth county, who is in the penitentiary under sentence of death for the murder of Andrew Ware and son in 1881. Late developments lead to the almost certainty that Rose is innocent of the deed. J. K. P. Barker, a Wyandotte county farmer and fruit grower, refused an offer of $1,800 for the cropof his orchard of 300 Ben Davis apple trees. He says that the apple buyers are beginning to realize that the eastern apple crop is short this year. Wyandotte county has the finest apple crop in its history. The large barn belonging to Col. W. M. Nace, near Lecompton, was destroyed by an incendiary fire the other night. The barn contained 2,000 bushels of corn, several hundred bushels of other grain and forty or fifty tons of hay, all destroyed. Mr. Nace is one of the most posperous farmers of Douglas county. Acting under an opinion from the attorney-general that no bank can lawfully invest its funds in the stocks of other banks or corporation, the state bank commissioner has called for an itimized list of such investments and of loans secured by such stock. He also advises banks earrying their own stock as assets to dispose of such at once. William Williams, 87 years of age, who had been living in Virginia, visited his sons who reside near Winfield, the other day. One of the sons went to meet him but by some means missed him add returned home. The old man started to walk the distance and the next night his body was found in a wheat field. He had died from the effects of the heat. Gov. Lewelling recently received a letter from a man named Baker, of Orange, N. J., who wished the governor to create the office of weather adjuster and appoint him (Baker) to fill it. He proposed to manufacture any kind of weather needed, and as he is at present out of a job he is willing to bring all these blessings to the people of Kansas for $100 per month. The general grand chapter of the Royal Arch Masons of the United States convened at Masonic temple in Topeka on the 22d. Deputy and Acting General High Priest George L. McCahan, of Baltimore, Md., presiding. The visitors were welcomed by a number of speakers, among them Grand Master Clark, to which Reuben C. Lemmon, of Toledo, O., responded. The will of the late Gov. Robinson has been admitted to probate in Douglas county. All his property is bequeathed to his wife during her life time and at her death it goes to the university of Kansas. About $15,000 left to nieces and nephews also reverts to the university at their death. The estate is estimated at $200,000, and the endowment will be the largest the university ever had. H Brehm one of the most

15. September 25, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, September 25, 1894

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The Wichita National bank will undoubtedly resume within a few days. The grounds given for this joyous announcenent are that the depositors of the bank have at last taken a sensible view of the matter and have signed the contracts as prepared by the bank in a rapid manner within the last few days. In fact since the EAGLE made the announcement of the victory of the bank in the United States court by which they were given a verdict for $24,000 that had beretofore been placed among the doubtful assets of that institution the depositors have come forward, and signed the contracts. Mr. Walker was seen yesterday and said: "Yes I am glad to say that there remains less than 15 per cent. of the depositors who have not signed, and I can but believe they will see their interest and all will sign within a few days. The policy of the bank is well known-that all shall be treated alike. We will not make preferred creditors of any one, but if we resume will be able to meet every obligation before it becomes due. On the other hand they can realize that should a receiver be appointed that a large portion of the cash now on hand would be used as fees for the receiver and attorney. Besides this we are in position, if we resume, to make collections much more rapidly than a new man. Our assets are ample to meet every demand if our friends will give us au op. portunity. I am glad to sav that since the announcement in the EAGLE of our victory in the United States courts. that many who have heretofore held out have come forward and signed. It shows that our customers have confidence in our integrity when 85 per cent of them have come forward, without solicitation, and accepted the plan as prepared by the comptroller of currency. I believe that the few who remain will see that our offer is the only one we could bonestly make, that is to treat all alike, and as soon as it is permitted we will resume. Of course those who hold out as yet, are but small depositors, and the aggregate would be a small load on us to remove, but they can readily see that this would give them an undue advantage over those who have proven to be our friends, and the officials of this bank never have nor never will sacrifice their friends. The instructions of the department at Washington are explicit and will be adhered to strictly. Every depositor will be treated alike. This bank did not receive a dollar on deposit after the cash funds were drawn out until but a small margin over the reserve required by law to be kept on hand, and the officers in charge were notified that aid could not be secured. Let those who are still holding out consult not our interest, but their own, and the resumption of the Wichita National bank will occur in a few days. Yes I believe all will sign in a few days." China has 200 miles of railway; the United States 176,461. American railways last year carried 19,348 121 pound cans of Dr. Price's Cream Baking Powder.

16. December 21, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, December 21, 1894

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I will pay cash for claims against the Wichita National bank. Parties holding receivers' certificates call on me. 15-tf EDWARD VAIL.

17. January 4, 1895 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, January 4, 1895

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Wichita National Won't Resume. WICHITA, Jan. 4.-The Wichita National bank has given up hope of resumption and has gone into the hands of a permanent receiver. The Sedgwick County bank has leased the corner formerly occupied by the Wichita bank and will move in tomorrow.

18. January 17, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 17, 1895

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MISCELLANEOUS. TREASURY department, office of the Comptroller Currency, Washington, D. C., January 16, 18%.-Notice is hereby given to all persons who may have claims against "The Wichita National bank of Wichita." Kansas, the same must be presented to W. N. Ewing, receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. James H. Eckels, comptroller of the curd53. rency. A CASH BUYER for a nice cottage and 50 ft of ground between Douglas ave and Tenth st., on Lawrence, Topeka or Emporia.. Come quick. Burwell, Kerfoot & d52 3t*. Zimmerman. RINTING OFFICE FOR `ALE. A COMPLETE P newspaper office with brevier, nonpareil, long primer, and advertising type sufficient for a six column quarto all home print, two imposing stones gaileys, galley stand. dump, cases, chases, mailer and type, lamps table chairs and a lot of cuts, can be had at a bargain. Address E. L. M care of the 48 If EAGLE. FOR RENT-A first-class furnished hotel in a booming city. Call at office of d50 6t*. H. G. Lee, 220 E. Douglas. ASQUE SUITS FOR RENT-FACES AT wholesale. Mary E. Palmer, 210 N Main, M with MANDOLINS OF 405 E Douglas. 150tt

19. January 17, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 17, 1895

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HE HOLDS HIS PLACE. Major Ewing Will Continue to Fill Position of Bank Receiver, Wichita National. Major Ewing returned from Washington yesterday. The receivership of the Wichita National bank has been finally settled by the decision of the comptroler of the currency which allows Major Ewing to continue in that capacity. It was decided that it was not necessary for Major Ewing to resign as bank examiner and he will hold both positions. This decision was arrived at because of the large number of the depositors in the suspended Wichita National who sent in requests that Major Ewing be left in charge.

20. May 18, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, May 18, 1895

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GET THIRTY PER CENT. eceiver of Wichita National Declares a Dividend to Depositors. Major Ewing receiver of the Wichita National bank has received orders from the comptroller of the curency to declare a dividend of 30 per cent in deposits and in accordance with the order the receiver has issued the following circular letter: To Creditors of the Wichita National Bank: A dividend of 30 per cent having been declared by the comptroller of the currency, the same will be paid to the creditors of the bank upon presentation of receiver's certificates at the office of the receiver at the southeast corner of Main street and Douglas avenue. For the convenience of the creditors, those whose names are included in lists from A to L, inclusive, will be paid on Tuesday the 21st. inst. and those on lists rom M to Z on Wednesday the 22d Creditors not presenting certificates on the days mentioned will be paid at any time thereafter. W. N. EWING, Receiver. The depositors in the suspended Wich Ita National have been expecting a dividend but few of them expected it to be as large as 30 per cent. This is certainly a good showing considering the short time allowed to make collections. It is reported that some of the deposItors sold their claims for 50 per cent and some of them will now more than likely conclude that the men who bought them are the lucky parties. - Major Ewing has lost no time in working for the interest the depositors and it is understood that he has made several settlements in the way of clearing up titles to real estate on which the bank had claims that will very materially enhance the value of the bank's assets. Major Ewing occupied the position of United States bank examiner before he was appointed receiver of the Wichita National and was thoroughly posted in regard to the standing of the bank and he has claimed from the start that with proper management the Wichita National could be made to pay nearly if not quite 100 per cent on all claims against it. The money to be paid out to depositors in this first payment of dividend will amount to something over $65,000 and will be a help to the community as the principal part of the claims are held by home people.

21. August 23, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, August 23, 1895

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MARRIED AT ARKSAS CITY. Walter Wilcox Joins the Benedicts and Gets a Fair Bride. Mr. Walter E. Wilcox, well known in this city, being connected with the Wichita National bank after it went in- to the hands of a receiver, and Miss Emma Earlougher were married at Ar- kansas City, Wednesday evening, and of the event the Traveler speaks as fol- lows: "Last evening at Trinity church at 8 o'clock by Arch-Deacon C. T. Brady, Mr. Walter E. Wilcox was married to Miss Emma Earlougher. The wedding was a fashionable one, most of the elite of the city being present, and Trinity church was fairly crowded. For the oc- casion the church was beautifully deco- rated with flowers and was a veritable fairyland. Precisely at 8 o'clock Mr. W. A. Stevens commenced the playing of the wedding march and at the prop- er moment the bridal party marched in and took their positions in front of the officiating minister. Little Miss Helen Topliff, of this city, and Adaline Kee- baugh of St. Louis, strewed the path way with flowers and they did it to per- fection. Mr. Julius F. Behrend was groomsman and Miss Katherine Ear- lougher, sister of the bride, was brides- maid. In pronouncing the marriage nuptials, the beautiful and impressive double ring ceremony was observed and in a few moments Walter E. Wilcox and Miss Emma Earlougher were pro- nounced man and wife, after which the bridal party repaired from the church to the home of the bride on West Fifth avenue where an elegant reception was tendered to some fifty of the most inti- mates friends, who offered their heart- iest well wishes for future hapiness. The occasion was an extremely joyous one and pleasant memories of it will al- ways be retained by those who partici- pated. The banquet served was de- licious beyond comparison and the evening was happily spent in the pres- ence of Mr. and Mrs. Wilcox. It was at a late hour that the guests departed after again extending congratulations. The groom wore the usual dress suit and the bride was exquisitely attired in a white dress of rich materials with or- naments appropriate for the occasion. The groom is an Englishman by birth but years ago he located here and has since proven himself to be a model gen- tleman and citizen in every respect. He is now a trusted and valued employe of the Home National bank. The bride is the daughter of Mrs. Earlougher, who has resided here for many years with her happy family. None are more respected or admired. The bride her- self is one of the rarest jewels that can be found in society's cluster and possesses the many womanly traits that go to make a man a good wife and a happy home. She is handsome and attractive, possesses an even and lov- ing disposition, very modest in her de- meanor and a lady of many fine attain- ments. She has shown herself to be a lovable daughter and will make the same kind of a wife. Mr. and Mrs. Wil- cox possess the firm friendship of all ac- quaintances and the very large number of costly wdding gifts which they re- ceived fully attest this. No couple wedded in this city ever displayed a larger and richer list of presents than Mr. and Mrs. Wilcox. A couple so hap- pily mated can not refrain from having a bright future. To Mr. and Mrs. Wil- cox the Traveler offers its most hearty congratulations, wishing them joys un- limited. This morning they left for a three weeks' sojourn in Colorado where they will visit Denver and other cities. Upon their return they will reside in elegantly furnished rooms over the Farmers' National bank." "THE curious thing about my business," said the mosquito, alighting softly upon the nose of the sleeping victim, "is that it's more fun to go to work than it is to stay to hun." HE'D witnessed baseball, and was sane! Seen football teams kick off: But died from softening of the brain Brought on by games of golf. -N. Y. Sun.

22. September 27, 1896 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, September 27, 1896

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WILLPAY DIVIDEND CHECKS HERE FOR WICHITA NATIONAL BANK DEPOSITORS. There Will be Paid Out Tomorrow by Receiver and Twenty-Five Thousand Dellars Will Go Into Immediate Circulation in This City-Ten Per Cent is the Dividend Declared-Receiver Also Completed Settlement With Niederlander by Which All His Property was Cleared of Encumbrance and Turned In, Yesterday Major Ewing, receiver for the Wichita National bank, received a great big pile of checks from the treasury department. The checks were sent him to pay the dividend recently declared for the depositors. The checks will be paid out tomororw by Major Ewing and the money will go into circulation imemdiately and,w ith the enormous amount of money left here during the state fair, will go a long ways towards giving a better tone to business. To be sure the dividends, on the aggregate will not amount to more than $25,000% but that amount of money, as it changes hands eight or ten times, will add quite a good deal to the life of trade. It is money that will be brought into circulation without exchanging any thing for it; it will be that much added to the capital of the city. It will be a dollar and a quarter per capita and that after all is no small thing. Major Ewing was feeling good last night, not alone over the dividend but over the fact, as well, that he had secured a complete and satisfactory settlement of the Neidelander obligations to the bank. This is a matter that gave Major Ewing a great deal of concern, and he worked very hard and very long to bring about an amicable settlement which, at last, was consummated out of court. The receiver, by the settlement, -gets all of Mr. Neiderlander's property in Wichlita, including a farm and the old and new Neiderlander residences. He not only got them, but Mr. Neiderlander first paid off the mortgages and other liens and when the bank got them it got them with a good title and bur 8 dened in no way whatever. The property in its original value was about three times more than the debt but of course is values have shrunk a great deal. A conservative stimate at this time puts the actual value of the property epual to the amount of the debt. At any rate, Major Ewing is well satisfied with the 3 settlement.