Hutchinson National Bank (Hutchinson, KS)

Episode Information

Episode UID
319901123
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
31990 national
Charter Number
3199
Start Date
July 20, 1893
Location
Hutchinson, Kansas (38.061, -97.930)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c13a36e36d37580b

Response Measures

None

Receivership Details

Depositor recovery rate
26.8%
Date receivership started
1893-11-06
Date receivership terminated
1914-03-31
OCC cause of failure
Losses
Share of assets assessed as good
26.9%
Share of assets assessed as doubtful
39.5%
Share of assets assessed as worthless
33.6%

Description

Bank first suspended during the July 1893 stringency, resumed in August, but later suspended in October and went into liquidation amid internal troubles and criminal indictments.

Events (6)

1. May 29, 1884 Chartered
Source
historical_nic
2. July 20, 1893 Suspension
Cause
Macro News
Cause Details
Financial stringency / nationwide liquidity shortage (panic of 1893) prevented obtaining currency to meet demands.
Newspaper Excerpt
Owing to financial stringency making it impossible to secure currency sufficient to meet its demands, the Hutchinson National Bank did not open its doors yesterday, but posted notice of suspension of payment.
Source
newspapers
3. August 8, 1893 Reopening
Newspaper Excerpt
The National Bank of Hutchinson reopened its doors yesterday after two weeks' suspension. The bank stopped payment because of inability to meet unexpected demands.
Source
newspapers
4. October 18, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Internal troubles/insufficient returning business and other internal problems leading to liquidation (articles reference 'internal troubles' and later indictments for false entries).
Newspaper Excerpt
When the hour for opening the banks came today the Hutchinson National bank posted the following notice on its door: This bank has suspended and will go into liquidation. We have wired the comptroller to appoint a receiver as quickly as possible.
Source
newspapers
5. November 6, 1893 Receivership
Source
historical_nic
6. November 10, 1893 Receivership
Newspaper Excerpt
Comptroller Eckles appointed Joseph T. Leonard of Girard, Kan., receiver for the Hutchinson National bank, which failed some time ago.
Source
newspapers

Newspaper Articles (24)

Article from Wheeling Register, July 20, 1893

Click image to open full size in new tab

Article Text

CONCERNING BUSINESS AND FINANCE. MILWAUKEE, WIS., July 19.-A special dispatch received by the Sentinel late last night from Shell Lake, Mich., says that C. Probert and Edwin Probert, the Wisconsin bankers who operated banking institutions at Washburn, Ashland and Shell Lake, were arrested at Washburn yesterday, charged with having violated the banking laws, The three banks iu which the prisoners were interested failed recently, and an examination has shown, it is said, that all the institutions were in bad shape, and that deposits were received over their counters after it must have been known that they were insolvent. The Proberts, up to the time of the failures, always stood high in northern Wisconsin financial circles and the news of their arrest will cause a sensation throughout the state. Frederick T. Day, the president of the Plamkinton Bank in this city, which recently failed, was located in Flint, Mich., by Sheriff Dunn, of Milwaukee county, yesterday and the capias for his appearance to answer for the grand jury indictment recently rendered against him, served upon him. The banker is in a sanitarium at Flint and as his attending physicians have made an affidavit that to move him now would endanger his life, he will be allowed to remain there under a guard until his health is improved. CHICAGO, July 19.-Dickinson Bro. & King, dealers in Portland cement and building material went into the hands of a receiver to-day. Complainants say the firm has property valued at $260,000 in excess of liabilities. The pressure of the times is said to have made the business unprofitable and it should be wound up. WASHINGTON, D. C., July 19.-The Comptroller of the Currency has been advised that the Hutchinson National Bank, Hutchinson, Kansas, closed its doors this morning. NEW YORK, July 19.-Three judgments aggregating $10,399, against Erastus Wiman in favor of James M. Fitzgerald on three notes, were filed to-day. OKLAHOMA CITY, O. T., July 19.-The Bank of Oklahoma City and the Oklahoma National Bank closed their doors this afternoon. Statements are unobtainable now. WASHINGTON, D. C., July 19,-The mint bureau has succeeded in getting offers of silver at what it considers a fair market price-711/6 cents per ounce-while the gold reserve recovered the ground it lost Monday and again began its "cat in the well" climb toward the hundred million mark. The reserve to-day amounts to $98,387,709, against $97,672,852 yesterday. The currency balance to-day amounts to $25,324,713. TOPERA, KANSAS, July 19.-Information has been received at office of State Bank Commissioner of the failure of the State Bank of Parker, Linn county, and of the Woodson State Bank of Yates Centre, Woodson county. Both are small concerns. WASHINGTON, D.C., July -The Comptroller of the Currency is informed of the failure of the Bozeman National Bank, of Bozeman, Montana.


Article from The Providence News, July 20, 1893

Click image to open full size in new tab

Article Text

Hutchinson, Kas., Bank Fails. HUTCHINSON, Kan., July 20.-Owing to financial stringency making it impossible to secure currency sufficient to meet its demands, the Hutchinson National Bank did not open its doors yesterday, but posted notice of suspension of payment. Assets, $251,000; liabilities, $131,000. The bank was in good condition and under ordinary pressure would not have experienced any difficulty.


Article from The Morning Call, July 20, 1893

Click image to open full size in new tab

Article Text

FORCED TO THE WALL. Banks and Business Concerns Fail Under the Pressure. HUTCHINSON, Kans., July 19.-Owing to the financial stringency. the Hutchinson National Bank did not open its doors this morning. Assets, $251,000; liabilities, $131,000. There is no doubt but that the depositors will be paid in full. Other local banks are well fortified and no further trouble is anticipated. TOPEKA, Kans., July 19-The State Bank Commissioner is informed of the failure of the State Bank of Parker and Wood & Sons at Yates Center. Both are small. MOBILE, Ala., July 19. - The Daily Register, one of the oldest newspapers in the South, has made an assignment. The publication will be continued under authority of the court. WASHINGTON, July 19.-The Comptroller of the Currency is informed of the failure of the Bozeman National Bank of Bozeman, Mont. CHICAGO, July 19.-Dickinson Brothers & King, dealers in cement and building material, went into the hands of a receiver to-day, through the filing of a bill by stockholders in Brooklyn. It is claimed the firm has assets of $260,000 in excess of its liabilities, but the pressure of the times and sharp competition have made the business unprofitable, and the business should be wound up. It is claimed the creditors will be paid in full and a substantial balance left. BROOKLYN, July 19.-The large carpethouse of Hardenburg & Co. has assigned. OKLAHOMA CITY, July 19.-The Bank of Oklahoma City, which closed its doors to-day, is only temporarily embarrassed and will open to-morrow, giving certificates of deposit in lieu of cash, which the leading merchants of the city will accept as cash. The liabilities of the bank are $95,000 and the assets $170,000. The Oklahoma National Bank also closed its doors. President Stiles says the assets are abundant and can be utilized a/most immediately. The First National has withstood a steady withdrawal for thirty days, culminating in a free run this afternoon. All checks were paid as fast as three tellers could count the money, and President Richardson announced that they would keep open until midnight, adding that the crowd might hang him if any depositor lost a dollar. DETROIT, July 19.-A Free Press special from Negaunee, Mich., says: Judge Burke of the Cleveland (Or.) commission firm of Corrigan, Ives & Co., now in the hands of a receiver, claims that Ferdinana Schlesinger owes the firm $270,000. which Schlesinger says is $70,000 ab ve the real figures. Burke also says the Buffalo Mining Company owes them $2,000,000. This, also, is alleged to be erroneous. Representatives of the creditors will confer with Schlesinger at Milwaukee to-morrow. NEW YORK, July 19.-The Farmers' Loan and Trust Company, as trustee, has brought suit against the D. G. Yuengling Jr. Brewery Company to foreclose a mortgage of $1,500,000 given on the brewery property to secure bonds. A lis pendens was to-day filed against the property.


Article from Waterbury Evening Democrat, July 20, 1893

Click image to open full size in new tab

Article Text

Another Kansas Bank Suspends. HUTCHINSON, Kan., July 20.-Owing - to financial stringency, making it impossible to secure currency sufficient to meet its demands, the Hutchinson National bank did not open their doors, but posted notice of suspension of payment. Assets, $251,000; liabilities, $131,000. The bank was in good condition, and under ordinary pressure would not have experienced any difficulty. It is the first bank failure in the history of the city.


Article from The Salt Lake Herald, July 20, 1893

Click image to open full size in new tab

Article Text

TELEGRAPHIC BREVITIES. At Brooklyn the large carpet house of Bardenberg & Co., assigned yesterday. Judgments aggregating over $10,000 were filed against Erastus Wiman in New York, on notes, yesterday. The comptroller of the currency is informed of the failure of the Bozeman National bank of Bozeman, Mon. The Bank of Oklahoma city and the Oklahoma National bank have failed. The First National stood a heavy run. Four hundred andeighty-five thousand ounces of silver and 40,000 Mexican dollars will be shipped to Europe today. The steam yacht Oneida, with President Cleveland on board, left Newport yesterday morning, presumably for Gray Gables. The comptroller of the currency has been advised that the Hutchinson National bank of Hutchinson, Kan., has failed. The Kansas state bank commissioner is informed of the failure of the State bank of Parker, and Wood & Sons' State bank of Yates Center. Both are small. Charles Miller, a letter carrier at Mattoon, Ill., fired five shots at Laura Mack who had thrown him over, severely wounding her, and then killed himself. The J. B. Wheeler Banking company, the pioneer bank of Aspen, Colo,, the Bank of Sterling at Sterling, Colo., and the Bank of Loveland at Lovel and, Colo. have assigned.


Article from Delaware Gazette and State Journal, July 20, 1893

Click image to open full size in new tab

Article Text

FINANCIAL TROUBLES. KANSAS CITY, Mo., July 17.-The Bank of Grand Avenue and the Missouri National Bank have suspended payment at noon to-day. DENVER, CoL., July 17.-The Peoples Savings, the Rocky Mountain Dime and Dollar, and the Colorado Savings Banks failed to open their doors for business this morning. The assets of the People's Savings Bank are $1,500,000; $1,350,000. President Lawrence of the Peoples' National Bank says the failure of the savings institution in no way affect the People's National Bank. DENVER, CoL., July 18.-The Union National Bank, of which R.W. Woodbury is president. failed to open its doors this morning. The capital is $1,000,000. No statement can be had. A run is now being made on the City National, German National, First National, Colorado National and all the Clearing House banks. The panic is on. The Commercial National Bank has closed its doors. A notice says: "This bank has gone into liquidation, by order of the board of directors." The National Bank of Commerce has closed its doors. Ex-Governor Job A. Cooper is president of this bank. ANACORTES, Wash., July 18.-The Bank of Anacortes failed to open its doors, yes. terday, owing to inability to realize on securities. Liabilities, $29,000; assets, $78,000. Depositors will be paid in full. INDIANAPOLIS, IND., July 18.-George K. Schofield, for many years a dealer in horses, mules and buggies, made an as signment yesterday, for the benefit of creditors. The assets are estimated at $30,000 and the liabilities at $40,000. LIMA, O., July 18.-Conrad Betzer, Jr., furniture dealer, made an assignment yes terday. It is thought the assets will largely exceed the liabilities. SHELBYVILLE, ILL., July 18.-As a result of the recent Thornton bank failure Nancy M., W. N., and John D. Steward son, extensive farmers and stock raisers S have assigned to W. E. Walker. Liabili ties, about $30,000; assets, $25,000. FORT ScoTT, KAS., July 18.-The First National Bank of this city, the oldes financial institution in Southeastern Kan sas, has suspended payment. TOLEDO, OHIO. July 18.-The Citizen Bank of Ada, the most prominent one in Hardin county, failed to open its door this morning. Its owner, Peter Ahlfeld f has controlled it for over a quarter of century, and is one of the wealthiest mei of that section. No statement of assets and liabilities or the cause of the failure can be obtained. CINCINNATI, O., July 18.-Mrs. Mary S Anna Kauffmann, widow and executri of the late John Kauffmann, made a per sonal assignment late last evening. Lia d bilities $100,000; assets much greater. Sh owns a large portion of the Kauffman: brewery, which went into assignment las Friday. DENVER, CoL., July 18.-The McNamar e Dry Goods Company, one of the larges houses in the west, was closed on attach f ment this morning. They will probably make a general assignment. n DENVER, Col., July 19.-The following notice was posted on the doors of the Stat National Bank, this morning: e "This bank will not be opened for busi ness this morning. Depositors will be pai in full." At the hour of opening for bankin business crowds had assembled at the dif ferent banks, but there did not appear t be the same excitemedt among the de positors as existed yesterday. n STILL ANOTHER-EXCITEMENT INCREASING. e The doors of the German National Ban were not opened for business at 10 o'cloc this morning. No notice has been poste on the doors, but it is believed that it ha suspended payment. e The excitement is rapidly increasing an runs are threatened on other banks. FAILED WITH $40,000 COUNTY FUNDS. ARMOUR, KAN., July 19.-The Citizen Bank suspended payment, yesterday, wit assets of $151,500, and liabilities o $126,500. State Bank Commissione Breidenthal took possession of th h bank. Among the heavy creditors of th bank is the county of Wyandotte, whic had on deposit some $40,000 of its funds. ANOTHER KANSAS BANK FAILURE. WASHINGTON. D. C., July 19.-The Com) troller of currency has been advised the the Hutchinson National Bank, Hutchir son, Kansas, closed its doors to busines this morning.


Article from The Evening World, July 25, 1893

Click image to open full size in new tab

Article Text

TWO BANKS TO RESUME. Cashier Iomas of a Defunct Bank in Texas Commits Suicide. WASHINGTON, July 25.-The Comptroller of the Currency is advised that the Hutchinson National Bank, of Hutchinson, Kan., which failed some time ago, is preparing to resume business. Mr. Eckels received a despatch this morning stating that Cashier Lomax. of the First National Bank of Vernon, Tex., which failed on Saturday. committed suicide by shooting himself this morning. The First National Bank of Cisco, Tex. which suspended payment on the 3d instant, having complied with the conditions imposed by the Comptroller of the Currency, has been permitted to reopen its doors for business.


Article from The Sun, July 26, 1893

Click image to open full size in new tab

Article Text

Other Bank Troubles. MEDFORD. Wis., July 25.-The Taylor County Bank. owned by Hartman and Matt. assigned yesterday for the benefit of creditors to F. L. Urquhart. The bank was the depository for county and city funds. Assets are given at sconded. $16,000. Herman Matt. the cashier. has abCONNORSVILLE, Ind., July 25.-The liabilities of the Citizens' Bank. which failed yesterday. are about $150,000. Mr. Huston's total assets will reach near $500.000. He holds more than enough collateral to liquidate the total indebtedness of the bank as soon as it can be realized upon. WASHINGTON, July 25.-Examiner Ford has been directed to assume charge of the failed Louisville City National Bank of Louisville, Examiner Escott of the failed Kentucky National Bank of Louisville, Examiner Young of the failed Indianapolis National Bank of Indianapolis. Examiner McDonald of the failed First National Bank of Orlanda. Fla., and Examiner Wilson of the failed Merchants' National Bank of Great Falls. Mon. The Comptroller of the Currency is advised that the Hutchinson National Bank of Hutchinson. Kan., which failed some time ago, is preparing to resume business. The First National Bank of Cisco. Tex., which suspended payment on the third instant. having complied with the conditions imposed by the Comptroller of the Currency. has been permitted to reopen its doors for business. The abstract of the condition of the national banks in Chicago. Ill., on July 12 last. shows the reserve to have been 30.6 per cent. The total lonns and discounts were $81,853,000: individual deposits. $66,000,000; surplus fund. $11,522,000, and gold and gold certificates. $12,500,000. The reserve for Detroit was 24.80, and for Minneapolis, 27.21 per cent.


Article from The Star, August 2, 1893

Click image to open full size in new tab

Article Text

LATE TELEGRAPHIC JOTTINGS BOTH FROM HOME AND ABROAD. What is Going On the World Over. Important Events Briefly Chronicled. Financial and Commercial. MORE BANKS ARE REOPENING.-The comptroller of the currency is advised that the Hutchinson national bank of Hutchinson, Kan., which failed sometime ago, is preparing to resume business. The First National Bank of Cisco, Tex., which suspended, has been permitted to reopen its doors. Business men of Pueblo, Col., declared their faith in Colorado's business stability and denounced the intemperate language of the rabid silverites. Parkhust & Wilkinson, iron merchants, Chicago, assigned. Assets estimated at $1,000,000. Ripley & Bronson, :iron merchants. St. Louis, assigned. assets $150,000; liabilities about the same. The suspended Queen City Ban's, Buffalo, N.Y., will resume business the first week of August with a capital reduced to $300,000. At Findlay, O., the Farmers National Bank closed its doors. Depositors will be paid in full. The J. Oberman Brewing Company, Milwaukee, assigned. The bank panic at Milwaukee is over. Financial disturbances at Louisville, Ky., are over. In the banks every depositor who wanted his money got it. Some of the suspended banks, it is said, will soon resume. At Lacrosse, Wis., the private bank of John Dienlokken has closed its doors. At Portage, Wis., the German Exchange Bank has failed, At Helena, Mont., the First National bank and the Montana National bank suspended. Both has ample assets and will pay in full. At Middlesborough, Ky., the First National Bank has closed its doors. At Portland, Ore., the Oregon National Bank and the Northwest Loan and Trust Company suspended. At Spokane, Wash., the First National Bank, paid up capital $200,000, and the Spokane Savings Bank, its dependent. tem. porarily suspended. At Portage, Wis., the City Bank closed its doors. At Mt. Sterling, Ky., the Farmers' bank closed its doors.


Article from Baxter Springs News, August 5, 1893

Click image to open full size in new tab

Article Text

KANSAS STATE NEWS. Southeastern, central and northwestern Kansas recently had refreshing rains. The comptroller of the currency has authorized the national bank at Hutchinson to reopen. In a family quarrel near Marysville the other day Richard Harke waskilled by his son-in-law, William Giles. "Shortness of currency" has compelled the firm of Johnston, Tinkler & Co., general merchants of Gypsum City, to make an assignment. Burglars attempted to rob the county treasurer's office at Leavenworth the other night. The watchman discovered and fired upon them, when they fled. While bathing in the Missouri river at Leavenworth the other day two colored boys, aged 10 and 12 years, brothers, named Jacob and Roy Barnett, were drowned. Because her husband was ill and out of employment and did not write to her regularly, Mrs. Molley Hanatty, of Argentine, took strychnine the other day and died in a short time. Her husband was in Nebraska. Gov. Lewelling has invited Gov. Hogg, of Texas, to join with him in his efforts to secure a steamship line from the Gulf of Mexico to the ports of Europe, for the purpose of carrying the surplus products of the west. While reading a book the other night J. M. Fishback, station agent of the Atchison, Topeka & Santa Fe road at Stafford, was suddenly confronted by a tramp who fired a pistol and seriously wounded Fishback in the neck. The tramp escaped. George E. Marshall, of Rosedale, 24 years old, was recently killed by a Santa Fe train. near Argentine. While walking on the track he stepped off to get out of the way of a freight train and was struck by a passenger train on the other track. One of the veteran printers of this state is Mrs. N. B. Bronston. of Atchison. She commenced setting type in Newport, Ky., when 12 years old, came to Kansas at an early day, and has been connected with the printing business for forty-three years. In the federal court at Wichita, the other day, Attorney K. E. Howard, representing the inter-state commerce commission, filed a petition asking that the Missouri Pacific railway be enjoined from charging discriminative freight rates against Wichita. The large furniture factory of J. L. Abernathy at Leavenworth has shut down for two months. The unsettled financial condition of the country, together with a large stock of furniture on hand, determined the management to suspend further operations at present. Prof. L. V. Kellogg, Chancellor Snow's private secretary and a graduate of the university, has resigned and will go to the Leland Stanford, Jr., university in California. The assistant professorship in entomology will be taken by William Snow, son of Chancellor Snow. A cloudburst near Atwood the other day deluged the face of the country. Mrs. Aldridge was crossing the dry bed of a stream when a wall of water fifteen feet high swept down upon her carrying away horses and carriage. The woman's body was subsequently recovered. The sheriff at Russell recently captured a gang of youngsters. ranging in age from 18 to 20 years, who made a business of committing robberies in the vicinity. They were in practice for future train robbers when their ambition was clipped by the relentless hand of the law. New postmasters appointed in Kansas on the 27th: At Arcadia, Crawford county, John Crites vice C. Ford, removed: at Eskridge, Wabaunsee county, E. W. Campbell, vice W. Nelrose, removed; at Hiattville, Bourbon county, O. Settles, vice L. Ward, removed; at Winchester, Jefferson county, A. Barnes, vice J. Groff, removed. The Western university, the colored people's educational institution near Quindaro, will open in October. The board of trustees announce that one wing of the building will be put in order at once, SO that at least 100 pupils can be accommodated during the fall and winter. It is under the jurisdiction of the African M. E. church. The Kansas waif aid society has ororganized an employment bureau at


Article from The Sun, August 9, 1893

Click image to open full size in new tab

Article Text

A Kansas Bank Resumes. HUTCHINSON. Kan.. Aug. 8-The National Bank of Hutchinson reopened its doors yesterday after two weeks' suspension. The bank stopped payment because of inability to meet unexpected demands.


Article from Grant County Herald, August 10, 1893

Click image to open full size in new tab

Article Text

Kansas National Bank Resumes. HUTCHINSON, Kan., Aug. 8.-The suspended Hutchinson national bank resumed Monday morning. Excess of deposits over disbursements Monday was $20,000.


Article from Evening Star, August 29, 1893

Click image to open full size in new tab

Article Text

BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from The Times, September 3, 1893

Click image to open full size in new tab

Article Text

BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from The Wichita Daily Eagle, October 19, 1893

Click image to open full size in new tab

Article Text

HUTCHINSON, Kan., Oct. 18.-When the hour for opening the banks came today the Hutchinson National bank posted the following notice on its door: "This bank has suspended and will go into liquidation. We have wired the comptroller to appoint a receiver as quickly as possible. The bank is perfectly solvent, and every one will be paid in fuil." There was no excitement on the street worth mentioning, except among those who have not been able to get all their monev which was in the bank when it closed its doors about three months ago. But the bank officials assure them that they will be paid in full. There is no apprebension concerning the other banks of the city, for they are known to be doing a safe business. All has not gone well with the stockholders, directors and officials of the Hutchinson National since its resumption, and it is thought that "internal troubles" have more to do with the present suspension than lack of business. Much of the bank's old business drifted to other banks after it closed its doors before, and never came back, although it resumed seemingly in good faith. No statement of the assets and liabilities was made.


Article from Pawtucket Tribune, October 19, 1893

Click image to open full size in new tab

Article Text

NEWS IN A NUTSHELL. The World's fair will close officially Oct. 80. The Ameer of Afghanistan is selling his captives into slavery. The missing steamer Miowera isstranded in the harbor of Honolulu. The ravages of the cholera epi emi n Constantinople is increasing, There was a serious wreck on the Canadian Pacific, near Grand River. Lord Chelmsford says the Matabeles are the equals of the Zulus as fighters. Sir Julian Pauncefote and family have left Newport, R. I., for Washington. The Hutchinson National bank of Hutchinson, Kan., has closed its doors to business. It has been decided to reopen the National German-American bank of St. Paul on Oct. 30. The First National bank of Ouray, Colo., which suspended about two months ago, has resumed business. The president sent to the senate a con Adential communication in response to the resolution of Mr. Dolph asking for information as to whether the Chinese government had made any request for the suspension of the exclusion act. The document is very brief, and will not be opened except in executive session. An unknown laboring man was struck and instantly killed by a train while walkIng on the track near the Woodlawn (Mass.) depot. When the vines on the house lately occupied by Phillips Brooks, in Boston, were trimmed the other day many passersby icked up lea ves as mementos. The town of North Attleboro, Mass., has voted not to accept the invitation to participate in the celebration of the 200th anniversary of the town of Attieboro. Francis S. Palmer, who has been appointed private secretary to Collector Kilbreth of the New York custom house, is a Harvard graduate and a member of the bar. Assistant Attorney General Travis, in behalf of the savings bank commissioners, asked the supreme court to remove Frederick A. Hobbs as receiver of the Stockbridge (Mass.) Savings bank. In consequence of the unusual number of incendiary fires within the town of Bourne, Mass., the past month, the selectmen have offered a reward of $300 for the arrest and conviction of parties who have or may set fires before March next. The body of Anna Orr, who disappeared from her father's home on Hollan Heights, Conn., on the night of July 29, was found in a well in Fairfield, about a mile from her home. It is thought that she jumped head first into the well. Dr. Oliver Wendell Holmes is looking well for his years. The other day he visited the Boston courthouse and when be saw his son standing at the door made B respectful bow and said: "How do you do Mr. Justice Holmes."


Article from Baxter Springs News, October 21, 1893

Click image to open full size in new tab

Article Text

National Bank at Hutchinson Closed. WASHING TON, Oct. 19.-Report was received at the comptroller's office that the National bank of Hutchinson, Kan., had closed its doors. The announcement occasioned much surprise and the comptroller of the currency was utterly at a loss how to account for it. The bank went under during the recent panic, but made such a good showing that it was permitted to resume business August 7.


Article from Pine Bluff Daily Graphic, October 21, 1893

Click image to open full size in new tab

Article Text

Kunsas Bank Suspension. HUTCHINSON, Kan., Oct. 21.-The Hutchinson National bank has suspended. Every one will be paid in full.


Article from The Wichita Daily Eagle, November 10, 1893

Click image to open full size in new tab

Article Text

The Kansas State University team and that of the University of Nebraska will play football again on Nov. 18. Comptroller Eckles appointed Joseph T. Leonard of Girard, Kan., receiver for the Hutchinson National bank, which failed some time ago. The Newton Daily Kansan re-appears upon the scene, but like Topsy, it doesn't seem to have any father. The paper doesn't tell who's doing it. The railroads are required to fence their tracks in this state: if they do not and your stock is killed. they have got to pay your value, and the law makes them pay Aour attorney if you have to sue, The Kansas building at the world's fair has been sold to a Chicago firm for $200 and the transfer of preperty has been made. Topeka parties are negotiating for the purchase of the furnishings, doors and windows with a view to reproducing the building in that place. A girl baby weighing only two and onequarter pounds, waswas at Hiwatha Tuesday to Mr. and Mrs. George Grace of that city. The father is an employe of the Missouri Pacific road and is a giant physically, weighing about 200 pounds. The mother is also a woman considerably above medium size. Last Monday a young man named James Clunes shot and killed himself near his father's home in Reno county, Two years ago young Clunes spent some time in an insane asylum but was pronounced cured and released. It is supposed he was seized with dementia and thus suffering committed the rash act. The People's Fire Insurance company of Manchester, N. H., which has been doing business in this state, has gone into the hands of a receiver. The policy holders in the state will lose nothing, however, as insurance companies have to deposit a bond before they can do business in Kansas. The postoffice at Americus, eight miles north of Emporia, was entered Monday night by burglars who, after robbing the till, as also the drug store of Postmaster John Bond, proceeded to blow open the safe and in their endeavor made so much noise by the explosion as to rouse half of the people of the town, who rushed out to see what was the matter. The robbers succeeded in making their escape. The Woman Suffrage association for the state is in annual session at Holton this week. The matter of greatest interest before the meeting will be the election of president. Mrs. Laura Johns who has held the position for two terms is a candidate for re-election, but she has a number of impeaceable enemies and may be defeated. Mrs. Ruth Dugin of Atchison is Mrs. Johns' strongest opponent. The proposition to issue $150,000 in bonds to build a new court house carried in Shawnee county, Tuesday, by a large majority. Topeka feels so devilish joily over this that it a'most forgot to celebrate the glorious Republican victory, and actually omitted for the nonce to say dam it. 'Rab for 2-p-k. Kansas University basthree more games scheduled, all interstate college championship games for the western pennant. She will play Nebraska at Lincoln, Nov. 18, Ann Arbor at Kansas City, Nov, 25, and Missouri at Kansas City, Nov. 30. It is believed by some that after the last date the 'Varsity will devote a little time to text book study and the lecture course. Rev. E. S. Thomas, bishop of Kansas, announces the following appointments that he will fill between now and December 10: November 10, Friday evening, McPherson. November 12, Sunday, Salina. November 13, Monday, St. John's school. November 14, Tuesday evening, Dwight. November 15, Wednesday evening, Topeka. November 16, Thursday evening, Ottawa. November 17, Friday evening. Humboldt. November 18, Sunday, Chanute. November 20 to 25, Topeka. November 26, Sunday, Oskaloosa. November 27 to December 2, Theological school. December 3. Sunday, Girard. December 6, Wednesday, Girard. December 10. Sunday a. m., St. John's; p. m., St. George's, Wakefield


Article from The Topeka State Journal, March 12, 1894

Click image to open full size in new tab

Article Text

ALL ARRESTED. Officers of the Hutchinson Bank, Where Charles Martin is Receiver. HUTCHINSON, Kan., March 12.-A. J. Lusk, Charles Menke and John Chapman, officers of the defunct Hutchinson National bank. were today placed under arrest by deputy United States Marshal Graves, on warrants issued in accordance with the indictment found against them by the federal grand jury now in session at Wichita, charging them with making false entries and altering the books of the bank. This is the bank that failed last summer and was subsequently allowed to resume business by the comptroller, but again failed in a few weeks thereafter and is now in charge of Charles Martin of Topeka as receiver. Lusk and Menke, president and cashier, were placed under $10,000 bonds each, and Chapman, bookkeeper, under $2,300. which they succeeded in obtaining. An affidavit has been filed with the secretary of state increasing the capital stock of The News Publishing company at Hutchinson, Kas., from $10,000 to $20000.


Article from The Providence News, March 13, 1894

Click image to open full size in new tab

Article Text

Bank Officials Arrested. HUTCHINSON, Kan, March 13.-A. J. Tuck, Charles Menke and John Chapman, officers of the defunct Hutchinson National bank, were arrested on an indictment charging false entries and alterations in the books of their bank, which is now in charge of a receiver. They gave bonda


Article from Abilene Weekly Reflector, October 4, 1894

Click image to open full size in new tab

Article Text

Kansas Bank Matters. WASHINGTON, Oct. 2.-The comptroller of the currency announces that the First national bank, of Lincoln, Kan., has gone into voluntary liquidation by resolution of its stockholders approved by the department. Owing to a hitch the comptroller was unable yesterday to announce the appointment of a receiver for the Hutchinson national. Col. Ritts, of Wellington, is pressing his claims for the appointment. The friends of Sims Ely, of Hutchinson, who for some time was Senator Martin's private secretary, are insisting that he be appointed to fill the vacancy created by the death of the receiver, who was the son of Senator Martin.


Article from Barton County Democrat, October 4, 1894

Click image to open full size in new tab

Article Text

Kansas Bank Matters. WASHINGTON, Oct. 2.-The comptroller of the currency announces that the First national bank, of Lincoln, Kan., has gone into voluntary liquidation by resolution of its stockholders approved by the department. Owing to a hitch the comptroller was unable yesterday to announce the appointment of a receiver for the Hutchinson national. Col. Ritts, of Wellington, is pressing his claims for the appointment. The friends of Sims Ely, of Hutchinson, who for some time was Senator Martin's private secretary, are insisting that he be appointed to fill the vacancy created by the death of the receiver, who was the son of Senator Martin.


Article from Abilene Weekly Reflector, October 4, 1894

Click image to open full size in new tab

Article Text

Hutchinson Bank Receiver. WASHINGTON, Oct. 3.-The comptroller of the currency has wired George T. Pitts, of Wellington, Kan., the offer of the position of receiver of the Hutchinson national bank, b ut so far has not been able to hear from him. It is believed at the department that he will accept the place, as he has been an active applicant for a position of this kind for over a year.