Midland National Bank (Kansas City, MO)

Episode Information

Episode UID
390401173
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
39040 national
Charter Number
3904
Start Date
September 18, 1897
Location
Kansas City, Missouri (39.100, -94.579)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6b8d930861f3f853

Response Measures

None

Events (3)

1. June 26, 1888 Chartered
Source
historical_nic
2. August 27, 1897 Voluntary Liquidation
Source
historical_nic
3. September 18, 1897 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank went into voluntary liquidation by resolution of its stockholders.
Newspaper Excerpt
The Midland national bank of Kansas City, Mo., went into voluntary liquidation by resolution of its stockholders.
Source
newspapers

Newspaper Articles (5)

Article from The Enterprise, July 22, 1896

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Article Text

GOLD GOES; BONDS WILL COME. Enormous Exports of the Yellow Metal Cause a Slump in Values of Stocks-Another Bond Is ne Expected-Banks to the Rescue of the Gold Reserve. NEW YORK, July 21.-The sum of $3,380,000 in gold was withdrawn from the sub-treasury yesterday. Of this amount $3,030,000, consisting of $1,480,000 in coin and $1,550,000 in bars, is for export to Europe on to-day's steamers. The remaining $350,000, taken by Canadian bankers, was for use here. Extensive covering of short contracts steadied the stock market at intervals late in the day, but the feeble rallies invariably brought offerings of long stocks and near 2 o'clock prices in some cases were the lowest in years. The large engagements of gold for to-day and the increase in the number of shippers created an uneasy feeling. There were indications of the movement spreading and that Thursday's European steamers, unless all signs fail, will carry out round amounts of the metal. Burlington dropped to 63%, the lowest in its history, while certain of the industrials sold lower than in the panic last year. President Tappan, of the Gallatin national bank, late in the day secured pledges from New York banks to contribute in the aggregate $15,000,000 in gold to the United States treasury in exchange for legal tenders. KANSAS CITY. Mo., July 21.-All Kansas City banks yesterday ceased issuing gold, either in exchange for bills as payment of checks or withdrawals of deposits. Cashier Rule, of the Bank of Commerce, who returned from St. Louis in the morning, said the banks there will take the same action, The reason given by the bankers here for this move is that it was the evident intention of many depositors to withdraw their deposits in gold and hoard the yellow metal in the belief that it will go to a premium. WASHINGTON, July 21.-The heavy gol 1 engagements for export in New York yesterday caused treasury officials to fear that more will follow before the week is ended. The treasury gold reserve at noon had been reduced to $90,787,635. In the absence of both the president and Secretary Carlisle from Washington, no expression of opinion can be obtained from them, but treasury officials who possess their confidence do not hesitate to say that if necessary to maintain the gold reserve another bond issue will be resorted to.


Article from The Diamond Drill, September 18, 1897

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Article Text

A tornado struck Port Arthur, Tex., and six people were known to have been killed and many others injured. Buildings were blown down and great damage was wrought. At Sabine Pass ten persons were killed and at other points some lives were lost. Large numbers of coal miners in Pennsylvania and Ohio were returning to work. Paper mills at Appleton, Wis., received orders from Japan for 2,000 tons of print paper. This opens up a market new to American paper manufacturers. A fire at Iron Mountain, Cal., destroyed property belonging to the Mountain Copper company valued at nearly $200,000. The reports as to the condition of the crops throughout the country say that hot weather has given corn a big boost. Ten dead and many injured and the destruction of property and crops worth $250,000 sum up the losses by the hurricane at Port Arthur and Sabine Pass, Tex. S. H. Lanyon, one of the most widelyknown men of southeastern Kansas, dropped dead on the street in Pittsburg. The Bank of Durand, Ill., closed its doors. The mill situation in Rhode Island is better than it has been for five years. Mills are running. on full time. The Midland national bank of Kansas City, Mo., went into voluntary liquidation by resolution of its stockholders. The second national congress of colored women met in Nashville, Tenn. The salmon eatch of the past season has been the largest ever known in the northwest. The eleventh annual convention of the National Association of Builders met in Detroit. It has been decided to change the color of the current two-cent postage stamp from carmine to green of the shade now used on government notes. Yellow fever was said to be spreading in New Orleans and other southern cities.


Article from The Ely Miner, September 22, 1897

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Article Text

THE NEWS. Compiled From Late Dispatches. DOMESTIC. Thomas E. Edison has taken up the study of air ships. He says those already invented are wrong in principle. The twenty-ninth meeting of the Society of the Army of the Tennessee will be held in Milwaukee October 27 and 28. John L. Sullivan announces that he will run for mayor of Boston and that his platform will be to license gambling places and disorderly houses. Rev. Scott Hyatt and wife, Royal McQueen and Miss Mae Tibbetts were drowned in the Cedar river near Waverly, Ia. President McKinley has returned to Washington in good health and spirits from his summer vacation. "Rev." G. F. B. Howard, a noted federal convict, escaped from the state prison at Columbus, O. In an interview in Washington Consul General Lee said that in his opinion the insurgents would eventually win their independence in Cuba without assistance from any outside sources. Trouble broke out at Coxe Bros.' collicry at Eckley, Pa., and troops were sent to the scene. A tornado struck Port Arthur, Tex., and six people were known to have been killed and many others injured. Buildlugs were blown down and great damage was wrought. At Sabine Pass ten persons were killed and at other points some lives were lost. Large numbers of coal miners in Pennsylvania and Ohio were returning to work. Paper mills at Appleton, Wis., received orders from Japan for 2,000 tons of print paper. This opens up a market new to American paper manufacturers. A fire at Iron Mountain. Cal., destroyed property belonging to the Mountain Copper company valued at nearly $200,000. The reports as to the condition of the crops throughout the country say that hot weather has given corn a big boost. Ten dead and many injured and the destruction of property and crops worth $250,000 sum up the losses by the hurricane at Port Arthur and Sabine Pass, Tex. S. H. Lanyon, one of the most widelyknown men of southeastern Kansas. dropped dead on the street in Pittsburg. The Bank of Durand, III., closed its doors. The mill situation in Rhode Island is better than it has been for five years. Mills are running on full time. The Midland national bank of Kansas City, Mo., went into voluntary liquidation by resolution of stockholders. The second national congress of colored women met in Nashville, Tenn. The salmon catch of the past season has been the largest ever known in the morthwest. The eleventh annual convention of the National Association of Builders met in Detroit. It has been decided to change the color of the current two-cent postage stamp from carmine to green of the shade now used on government notes. Yellow fever was said to be spreading in New Orleans and other southern cities. Michael broke the world's 20-mile bicycle record at Springfield, Mass, going the distance in 38:11. President Ratchford has sent out a circular address to the miners declaring the great strike off. It is estimated that the recent hailstorm in the vicinity of Washington, Ia., caused a damage of $300,000. By the fall of a cage in a mine at Nanticoke, Pa., four men were fatally injured and eight others-seriously hurt. A mob of 400 mer lynched Lyle Levi, Bert Andrews, Clifford Gordon, William Jenkins and Hiney Shuler at Versailles, Ind. The men had been arrested for burglary. The steamer Excelsior arrived in San Francisco from Alaska with 63 passengers and about $2,500,000 in gold. An investigation made by Commissioner Jones, of the Indian bureau,


Article from Audubon Republican, September 23, 1897

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Article Text

The News Condensed. Important Intelligence From All Parts. DOMESTIC. Thomas E. Edison has taken up the study of air ships. He says ready invented are wrong meeting The twenty-ninth in of principle. those the So- alciety of the Army of the Tennessee will e held in Milwaukee October 27 and John L. Sullivan announces that he will run for mayor of Boston and that this platform will be to license gambling places and disorderly houses. Rev. Scott Hyatt and wife, Royal McQueen and Miss Mae Tibbetts were drowned in the Cedar river near Waverly, Ia. President McKinley has returned to Washington in good health and spirits from his summer vacation. "Rev." G. F. B. Howard, a noted federal convict, escaped from the state prison at Columbus, O. In an interview in Washington Consul General Lee said that in his opinion the insurgents would eventually win their independence in Cuba without assistance from any outside sources. Trouble broke out at Coxe Bros. colliery at Eckley, Pa., and troops were sent to the scene. F A tornado struck Port Arthur, Tex., and six people were known to have been killed and many others injured. Buildings were blown down and great damage was wrought. At Sabine Pass ten persons were killed and at other points some lives were lost. Large numbers of coal miners in Pennsylvania and Ohio were returning to work. Paper mills at Appleton, Wis., received orders from Japan for 2,000 tons of print paper. This opens up a market new to American paper manufacturers. A fire at Iron Mountain, Cal., destroyed property belonging to the Mountain Copper company valued at nearly $200,000. The reports as to the condition of the crops throughout the country say that hot weather has given corn a big boost. Ten dead and many injured and the destruction of property and crops worth $250,000 sum up the losses by the hurricane at Port Arthur and Sabine Pass, Tex. S. H. Lanyon, one of the most widelyknown men of dead on dropped southeastern the street in Kansas, Pittsburg. The Bank of Durand, Ill., closed its doors. The mill situation in Rhode Island is better than it has been for five years. Mills are running on full time. The Midland national bank of Kansas City, Mo., went into voluntary liquidation by resolution of its stockholders. The second national congress of colored women met in Nashville, Tenn. The salmon catch of the past season has been the largest ever known in the northwest. The eleventh annual convention of the National Association of Builders met in Detroit. It has been decided to change the color of the current two-cent postage stamp from carmine to green of the shade now used on government notes. 1 Yellow fever was said to be spreading in New Orleans and other southern cities. Michael broke the world's 20-mile bicycle record at Springfield, Mass, going the distance in 38:11. President Ratchford has sent out a circular address to the miners declaring the great strike off. 1 It is estimated that the recent hailstorm in the vicinity of Washington, Ia., caused a damage of $300,000. at Tramps caused an $80,000 fire Moorhead, Minn. By the fall of a cage in a mine at Nanticoke, Pa., four men were fatally injured and eight others seriously hurt. A mob of 400 mer lynched Lyle Levi, Bert Andrews, Clifford Gordon, William Jenkins and Hiney Shuler at Versailles, Ind. The men had been arrested for burglary. The steamer Excelsior arrived in San Francisco from Alaska with 63 passengers and about $2,500,000 in gold. An investigation made by Commissioner Jones, of the Indian bureau, shows that there are only 68 insane Indians in the country. Postmaster General Gary is devoting considerable attention to an investigation of the wisdom of establishing postal savings banks. Domestic exports for the eight months ended August 31 last amounted to $629,434,371, an increase of $62,217, 387 over last year. The farmers along Taylor's bayou in Jefferson county, Tex., lost $150,000 by the destruction of the rice crop in the recent hurricane. Seymour Bros., stock brokers in New York, with offices in various cities in the country, failed for $1,000,000. Reports reaching the Marine hospital service in Washington from officials in Louisiana and Mississippi leave no further doubt as to the fact that yellow fever exists at several points in those states.


Article from The L'anse Sentinel, September 25, 1897

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Article Text

The News Condensed. Important Intelligence From All Parts. DOMESTIC. Thomas E. Edison has taken up the study of air ships. He says those already invented are wrong in principle. The twenty-ninth meeting of the Society of the Army of the Tennessee will be held in Milwaukee October 27 and 28. John L. Sullivan announces that he will run for mayor of Boston and that his platform will be to license gambling places and disorderly houses. Rev. Scott Hyatt and wife, Royal McQueen and Miss Mae Tibbetts were drowned in the Cedar river near Waverly, Ia. President McKinley has returned to Washington in good health and spirits from his summer vacation. "Rev." G. F. B. Howard, a noted federal convict, escaped from the state prison at Columbus, O. In an interview in Washington Consul General Lee said that in his opinion the insurgents would eventually wio their independence in Cuba without assistance from any outside sources. Trouble broke out at Coxe Bros.' colliery at Eckley, Pa., and troops were sent to the scene. A tornado struck Port Arthur, Tex., and six people were known to have been killed and many others injured. Build ings were blown down and great damage was wrought. At Sabine Pass ten persons were killed and at other points some lives were lost. Large numbers of coal miners in Pennsylvania and Ohio were returning to work. Paper mills at Appleton, Wis., received orders from Japan for 2,000 tons of print paper. This opens up a market new to American paper manufacturers. A fire at Iron Mountain. Cal., destroyed property belonging to the Mountain Copper company valued at nearly $200,000. The reports as to the condition of the crops throughout the country say that hot weather has given corn a big boost. Ten dead and many injured and the destruction of property and crops worth $250,000 sum up the losses by the hurricane at Port Arthur and Sabine Pass. Tex. S. H. Lanyon, one of the most widelyknown men of southeastern Kansas. dropped dead on the street in Pittsburg. The Bank of Durand, III., closed its doors. The mill situation in Rhode Island is better than it has been for five years. Mills are running on full time. The Midland national bank of Kansas City, Mo., went into voluntary liquidation by resolution of its stockholders. The second national congress of colored women met in Nashville, Tenn. The salmon catch of the past season has been the largest ever known in the northwest. The eleventh annual convention of the National Association of Builders met in Detroit. It has been decided to change the color of the current two-cent postage stamp from carmine to green of the shade now used on government notes. Yellow fever was said to be spreading in New Orleans and other southern cities. Michael broke the world's 20-mile bicycle record at Springfield, Mass, going the distance in 38:11. President Ratchford has sent out a circular address to the miners declaring the great strike off. It is estimated that the recent hailstorm in the vicinity of Washington, Ia., caused a damage of $300,000. Tramps caused an $80,000 fire at Moorhead. Minn. By the fall of a cage in a mine at Nanticoke, Pa., four men were fatally injured and eight others seriously hurt. A mob of 400 mer lynched Lyle Levi. Bert Andrews, Clifford Gordon, William Jenkins and Hiney Shuler at Versailles, Ind. The men had been arrested for burglary. The steamer Excelsior arrived in San Francisco from Alaska with 63 passengers and about $2,500,000 in gold. An investigation made by Commissioner Jones, of the Indian bureau, shows that there are only 68 insane Indians in the country. Postmaster General Gary is devoting considerable attention to an investigation of the wisdom of establishing postal savings banks. Domestic exports for the eight months ended August 31 last amounted to $629,434,371, an increase of $62,217,387 over last year. The farmers along Taylor's bayou in Jefferson county, Tex., lost $150,000 by the destruction of the rice crop in the recent hurricane. Seymour Bros., stock brokers in New York, with offices in various cities in