Bank of Burr Oak (Burr Oak, KS)

Episode Information

Episode UID
4156479991122
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
415647999 hash
Start Date
June 12, 1893
Location
Burr Oak, Kansas (39.866, -98.305)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
949e086b53a05303

Response Measures

None

Description

Manager Hurlburt/Hulbert disappeared after failure; assets described as practically nothing.

Events (1)
1. June 12, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had practically no assets, mismanagement/possible embezzlement by manager who fled; assets worthless so bank failed.
Newspaper Excerpt
The Bank of Burr Oak, Jewell county, closed its doors yesterday; liabilities $35,000 and practically no assets.
Source
newspapers

Newspaper Articles (14)
1. June 14, 1893 The Morning News Savannah, GA
Article from The Morning News, June 14, 1893

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MORE WILDRUNS ON BANKS A Couple of Failures Start a Rush at Omaha. All the Institutions Except the Two Previously Closed Weather the Storm-Only One Even Takes Advantage of the Sixty Days' Clause. Kansas City the Scene of a Still More Absurd Run. Omaha, Neb., June 13.-There was a run on every savings bank in the city this morning, precipitated by the failure of the McCague Savings Bank yesterday, followed by the downfall this morning of the American National Bank, in which the McCagues are largely interested. It was unofficially stated yesterday that the clearing house association would stand by its members, of which the American National is one, but when the assets of the American National Bank came to be examined they were pronounced not good enough and the aid of the associated banks was withheld. The ominous sign appeared on the door this morning and the crowd which had collected becamegreatly excited. The McCagues tried to reassure the depositors, telling them that every account would be paid in full. At the Omaha Savings Bank, the German Savings Bank, the American Savings Bank, the Globe Loan and Trust Company, and other institutions, there was a steady drain of deposits all day Cash was paid out as long as called for, and there was no apparent limit to the supply. Senator Manderson and Vice President Kimball, of the Union Pacific, directors of the bank, made speeches to the excited depositors, guaranteeing them their money, but the run continued. The Dime Savings Bank compelled its depositors to give sixty days' notice of withdrawal. This action, together with the promptness with which other banks met all demands, is believed, to have stopped what almost promised to be a panic. A CRAZY RUN AT KANSAS CITY. Kansas City, June 13.-As a result of the suspension yesterday of the People's Savings Bank, an insignificant institution with deposits of only $25,000, a run was started this morning on the Kansas City Safe Deposit and Savings Bank. The bank took advantage of the clause of its by-laws requiring depositors to give thirty days' notice of the withdrawal of deposits. That checked the run and at it noon was practically over. None of the other banks experienced a run. Just why the Kansas City Safe Deposit and Savings Bank should have been selected for a run is a mystery. It is the largest and one of the soundest institutions of the kind in the state and has the confidence of the banks and merchants generally. A RUN CHECKED AT DETROIT. Detroit, Mich., June 3.-The State Bank of Crystal Falls, Mich. has suspended as a result of the failure of the Plankington Bank of Milwaukee. The bank is only a year old and its capital is $25,000. The deposits foot up $60,000. The officers of all the savings banks in this city agreed to enforce the time limit upon withdrawals of deposits. A run was started this morning upon the People's Savings Bank, one of the strongest in Detroit, but the sixty-day notice requirement checked it. The officers coneur in a statement that "it was not for want of money that we took this action, for we could have secured enough to have paid every depositor, but we did not think this the wisest plan.' A NASHVILLE BANK SHUT. Nashville, Tenn., June -The Nashville Savings Company, of which Thomas S. Marris is owner and president. filed an assignment to-night. The liabilities are $282,876, and the assets are valued at $ 125,000. The deposits amount to $109,010 22, and the certificates of deposits to $72,911 21. Among the assets are $60,000 on deposit with Arthur, Ketcher & Co., suspended bankers of New York. In an interview President Marr says the failure was due to the shrinkage in values and steady withdrawal of money by depositors since failures have become so frequent. The recent failures of local business houses and the suspension of the Commercial National Bank also caught him for large sums. ASSETS WIPED OUT. Mankoto, Kan. June 3.-The bank of Burr Oak, Jewell county, closed its doors yesterday morning. The bank was owned by Hulbert Bros., and the liabilities are placed at $35,000. The assets are practically nothing. C. D. Hulbert, one of the proprietors of the bank, has fled and his whereabouts are unknown The depositors are greatly excited, and if he should return either of his own accord or to answer a criminal charge, there being some inclination among the depositors to prefer such a charge, he would be roughly dealt with. A BANK FAILS IN UTAIF. Salt Lake, Utah, June 13.-The Park City Bank suspended yesterday. Its liabilities are $130,000, and its assets as much. The claim is made that the bank will shortly resume. The assignee says that depositors are to be paid 80 cents on the dollar.

2. June 14, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, June 14, 1893

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BAD MANAGEMENT. KANSAS CITY, June 14.-The Star's Topeka, Kansas, special: State Bank Commissioner Breidenthal, who made anexamination of the affairs of the bank of Burr Oak which falled last Saturday. declares that Manager Hurl. burt conducted the affairs of the bank in such a manner as to send him to the penitentiary. Hurlburt disap. peared after the failure and cannot be found. The bank's deposits amount to $45,000, and the assets are worthless. ONE MORE. INDIANAPOLIS, Ind., June 14.-The Citizens' bank of Fairmound, Ind., has suspended operations owing to stringency in the money market. The capital 8 ock is $50,000; liabilities, $130,000 to $150,000.

3. June 14, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, June 14, 1893

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FAILURES TODAY. One of the Largest Wire Nall Compaules in the Country. CLEVELAND, June 14.-Bancke's Wire Nail company, one of the largest concerns of the kind in the country, has assigned. Inability to raise money to meet maturing paper was the sole cause of the failure. The liabilities are only $225,000, while the assets reach $900,000. The company is one of the largest manufacturers of wire natis in the United States and is backed by capitalinto of Cleveland worth millions of dollars. Baackes, vice president and founder of the concern, 18 one of the pioneers of the wire nail business of the country. President Lockwood of the concern said: "We simply got under cover to keep the creditors from slaughtering us with attachments. We can pay three dollars for every one we owe. The assignment is not because of insolvency. On ordinary occasions we would have paid with 2 per cent off but the tightness of the money market caught us. The principal creditor is Natler & Company, New York and Philadelphia,from whom we have bought millions of dollars' worth of steel and always paid them. They refused to grant us an extension and insisted on the individual security of the stockholders." WAS CONSIDERED SOUND. PAINESVILLE, Ohio, June 14.-The which began on the bank of Aaron Wilcox & Co., yesterday, culminated in the doors being closed this morning. Notice was I osted stating that thebank had suspended temporarily but that all the depositors would be paid up in full. The general impression is that the bank will be able to resume. The personal estate of the stockholders is liable for the indebtedness, in all amounting to several hundred thousand dollars. It was considered a sound institution. COMMISSION MERCHANT FAILS. TORONTO, June 14.-J. F. McLaughlin, an extensive commission merchant, has assigned. The assets exceed the liabilities. THE RUN ON THE OMAHA BANKS OMAHA, June 14.-The runs on the Omaba savings banks subsided this morning almost as quickly as they be. gan yesterday. A few depositors appeared early, but as soon as it became apparent that the rush was over, the anxious ones left without taking their money. There are no new developments regarding the suspended banks. CLOSED UNDER INSTRUCTIONS. RIVERSIDE, Cal., June 14.-The doors of the Riverside banking company failed to open this morning. The following sign was displayed on the door: "This bank is closed under instructions. Depositors will be paid." BAD MANAGEMENT. KANSAS CITY, June 14.-The Star's Topeka, Kansas, special: State Bank Commissioner Breidenthal, who made enexamination of the affairs of the bank of Burr Oak which falled last Saturday, declares that Manager Hurl. burt conducted the affairs of the bank in such a manner as to send him to the penitentiary. Hurlburt disap. peared after the failure and cannot be found. The bank's deposits amount to $45,000, and the assets are worthless. ONE MORE. INDIANAPOLIS, Ind., June 14.-The Citizens' bank of Fairmound, Ind., has suspended operations owing to stringency in the money market. The capital 8 ock is $50,000; liabilities, $130,000 to $150,000.

4. June 14, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, June 14, 1893

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NEWS IN BRIEF. Matters of More or Less Importance Tersely Touched Upon. The paid admissions at the world's fair Monday were 75,957. A new postoffice has been established at Wealthwood, Aitkin county, Minn. The Bank of Burr Oak, Kan., has closed, with liabilities of $35,000, and practically no assets. The People's Guarantee Savings Bank of Kansas City has assigned. Liabilities, $70.000; assets; $50,000 to $65,000. The Sulphur Lumber company, of Sulphur, Tex., has been placed in the hands of a receiver. Assets, $300,000; liabilities, $100,000. A. B. Wood, city editor of the St. Paul Dispatch, was married at Winnipeg to Miss Louise Atwood, a daughter of Colonel P. H. Atwood of that city. At Dayton, O., a motor car of the White Line street railway was struck and demolished at a railroad crossing. Martin Rudolph, an inmate of the Soldiers' home, was killed, and William Harkerrider, the motorman, was seriously injured.

5. June 14, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, June 14, 1893

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To meet this emergency a request was made by the American National upon the clearing house association for funds to meet demands. The clearing house association was in session until 11 o'clock this morning. It was found that $160,000 would be needed, and the association decided not to advance this amount, as it was feared that the securities of the bank could not be realized upon promptly enough to ree lieve the bank's wants. Accordingly President John L. McCague decided not to open the doors of the bank this morning. This morning depositors, alarmed by reports, began a run on the savings banks of the city, the other national banks not being affected. The heaviest run was on the Omaha Savings bank. acknowledged to be the soundest concein in the city, where all depositora were paid in cash. At 3 o'clock the bank closed and notified depositors that it would open at 9a. m. and continue ta pay in full. LANSING, Mich., June 13. -Advices have been received by Bank Commiss sioner Sherwood from Crystal Falls, upper Michigan, that the State Bank of Crystal Falls has suspended payment. The bank was organized about a year ago with a capital of $25,000. It had deposits of $60.000. The cause of the failure 18 the suspension of the Plank inton bank. of Milwaukee. KANSAS CITY, June 12.-As a result of the suspension yesterday of the Pea ple's Savings bank, an insignificant institution with deposits of only $25,000, a run was started this moning on the Kansas City Safe Deposit and Savings bank. The bank took advantage of that clause of its by-laws rebuiring depositors to give thirty days' notice of the withdrawal of deposits. That checked the run, and at noon it was practically over. None of the other banks experienced a run. BURR OAK, Kan., June 13.-The - Bank of Burr Oak, owned by Hurlburg Bros., closed yesterday, with liabilities $35,000 and practically no assets. DETROIT, Mich., June 13. - What threatened to be a run on several save ings banks of this city was stopped by the officers of the savings banks issuing a notice that they would pay depositors only after ninety days' notice had been given. NASHVILLE, June 13. -The Nashville Savings Bank company, of which Thomas S. Marrs is owner and prest dent, filed an assignment tonight. The liabilities are $282,276, and assets valued at about $125,000. The deposits amount to $109,100.02 and certificates of deposit $72,911.21. Among the assets are $60,000 on deposit with Arthur Kalchen & Co. suspended bankers of New York. MOBERLY, Mo., June 13.-The Ex change Bank of Moberly, which is the depository for the citv, made a general assignment today for the benefit of creditors. No statement has been made as yet, but it is believed payments will be made in full, as the other banks are prepared to meet all demands.

6. June 14, 1893 The Representative Saint Paul, Minneapolis, MN
Article from The Representative, June 14, 1893

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NEWS IN BRIEF. The paid admissions at the world's fair Tuesday were 95,521. A new postoffice has been established at Wealthwood, Aitkin county, Minn. Kueffet's cotton mill, in Drudtz, Bohemia, burned Tuesday. Loss 1,250,000 francs. The Bank of Burr Oak, Kan., has closed, with liabilities of $35,000, and practically no assets. The People's Guarantee Savings Bank of Kansas City has assigned. Liabilities, $70,000; assets; $50,000 to $65,000. The Sulphur Lumber company, of Sulphur, Tex., has been placed in the hands of a receiver. Assets, $300,000; liabilities, $100,000. A. B. Wood, city editor of the St. Paul Dispatch, was married at Winnipeg to Miss Louise Atwood, a daughter of Colonel P. H. Atwood of that city. At Dayton, O., a motor car of the White Line street railway was struck and demolished at a railroad crossing. Martin Rudolph, an inmate of the Soldiers' home, was killed, and William Harkerrider, the motorman, was seriously injured.

7. June 15, 1893 New-York Tribune New York, NY
Article from New-York Tribune, June 15, 1893

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SMALL BANKS IN THE WEST GO UNDER THE FINANCIAL STRINGENCY THE REASON FOR COLLAPSES IN SEVERAL STATES. Indianapolis, June 14.-The Citizens' Bank of Fairmount, Ind., has suspended operations owing to stringency in the money market. The capital stock 13 $30,000: assets, $191,060 91; liabilities from $130,000 to $130,000. Dr. Henley, of Fairmount, is president and Levi Scott cashier. Mr. Scott is also the largest stockholder. J. P. Winslow. George R. Thurston and James Johnson are directors. Phillip Mat. ter, of this city, has been appointed assignee. Riverside, Cal., June 14.-The doors of the Riverside Banking Company failed to open at the usual hour to-day. The following sign was displayed on the door: "This bank is closed under instructions. Depositors will be paid." Snchomish, Wash., June 14.-The Bank of Everett posted a notice on its door yesterday morning announcing that it had made an assignment for the benefit of its creditory. The Institution was doing business under the State law with a nominal capital of $50,000. Its paid-up capital was $30,000. It is understood that the liabilities are about $65,000; assets, $87,000. An examination of paper and securities was made by a committee of the clearing house, who authorized the statement that, in their judgment, If the securities are handled properly, every depositor would be paid in full. Painesville, Ohio, June 14.-This morning the Lake County Bank of Aaron Wilcox & Co. posted a notice on its door as follows: "This bank has suspended temporarily, being unable to meet the run on it at present, owing to the stringency in the money market. was All depositors will be paid In full." A run begun on the bank yesterday, but business men had full confidence in it and deposited up to the time of closing for the day. The general impression is that the bank will be able to resume business in a short time. The personal estate of the stockholders is liable for the indebtedness, in all amounting to several hundred thousand dollars. The bank is be lieved to be perfectly solvent. It was organized twenty-five years ago and has always been considered a sound Institution. Topeka, Kan., June 14.-State Bank Commissioner Preidential who has recently made an examination into the affairs of the Bank of Burr Oak, which falled last Saturday. declares that Manager Hurlburt of the tank conducted Its affairs in such a manner as will send him to the ponitentiary. Hurlburt disappeared the day after the failure. leaving a wife and two children behind. and can't be found. Commissioner Breidenthal says Hurlburt has made many false state ments to the bank commissioner. The bank's deposits amount to 845,000, and although the assets on their face show a value of $53,000. they are nearly worthless and will net the depositors less than twenty cents on the dollar.

8. June 15, 1893 The Herald Los Angeles, CA
Article from The Herald, June 15, 1893

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EASTERN BANK TROUBLES. A Run on the Irving Savings Institution of New York. NEW YORK, June 14.-A run was started on the Irving Savings institution this morning as soon as the doors were opened. Twenty minutes after the bank had opened the paying teller had paid out $7500. A speculator was on hand offering to buy up all the books he could get for 10 per cent commission. Treasurer Latimer said the bank had on hand $1,000,000 and could get as much more at a moment's notice if necessary. This is the bank in which Superintendent Preston found 8 deficiency of $70,000 genterday. This afternoon Superintendent of State Banks Preston made the following statement: "The directors of the institution were averse to making the condition of affairs public, fearing a run would hurt the bank's standing, but I advised them to take the public into consideration. The run will probably be over by tomorrow, when the solvency of the bank becomes generally known. The shortage may be larger than already announced, as the channels through which the money disappeared are not all discovered. There may be other dishoneet officials than the three mentioned last night." No arrests have been made. BANK SUSPENSIONS IN OHIO. PAINESVILLE, O., June 14.-A run which began on the Lake county bank of Taron, Wilcox & Co. yesterday culminated in its doors being closed this morning. A notice was posted stating the bank had suspended temporarily, and that all depositors would be paid in full. The general impression is the bank will be able to resume. The personal estates of the stockholders are liable for the bank's indebtedness, in all amounting to several hundred thousand dollars. It was considered a sound institution. TOLEDO, O., June 14.-The Exchange Banking company of Weston, O., a concern capitalized at $50,000, closed its doore this morning. AN INDIANA BANK FAILURE. INDIANAPOLIS, June 14.-The Citizens' bank of Fairmount, Ind., has sugpended operations, owing to the stringency of the money market. Capital stock, $50,000; assets, $191,000; liabilities, $130,000 to $150,000. THE HUDSON SAVINGS BANK. HUDSON, Wis., June 14.-The statement of the committee on the affairs of the Hudson Savings bank will show that the assets, according to the bank statement, are $736,127; assets, according to the committee's appraisement, $596,296 liabilities. $644,493. With careful handling by the assignee the loss will be comparatively small. OMAHA BANK RUNS SUBSIDED. OMAHA, June 14.-The runs on the Omaha savings banks subsided this morning almost as quickly as they began yesterday. A few depositors appeared early, but as soon as it became apparent that the rush was over the anxious ones left without taking their money. There are no new developments regarding the suspended banks. A KANSAS BANK WEECKRR. TOPEKA, Kan., June 14.-State Bank Commissioner Breidenthal, who made an examination of the affairs of the bank of Burr Oak, which failed Saturday, declares Manager Hurlbut conducted the 1 affairs in such a manner as to send him to e the penitentiary. Hurlbut disappeared after the failure and cannot be found. c The bank's deposits amount to $45,000. a Its assets are worthless. 8

9. June 15, 1893 Echo De L'ouest Minneapolis, MN
Article from Echo De L'ouest, June 15, 1893

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Faillites de Banques et autres La "Citizens National Bank" de Hilsbora, o, vient de suspendre ses paiements. L3 "Frank A. Lappen Company" de West Superior a fait faillite. La "Hudson Savings Bank" d'Hudson, Wis., a fermé se3 portes. La banque de Jos Higins 84 Wa hington Street Chicago, a déposé son bilan. W. L Sherwood de Chicago à suspendu SPB paiemente. Hobbs et Tacker, banquiers de Savanaugh, Ga. ont fait faillite. La "Bank of Buir Oak," Kan., a fait faillite La "Peoples Guarantee Savings Bank" de Kansas City Mo., a déson bilan. La "Union Stock Yard Bank" de Sioux City S. D. a suspendu ses paiements. Il en est de même de la "Brule County Bank" de Chamberlain S. D. "L'American National Bank" d'Omaha Neb., a ferme S S portes. On dit que le "G'obe Laon & Trust Co" la "Dime Savings Baik" la 'G rmania Savings Bank" et la "Nebraska Savings Bink" sont en danger. Fermée également la "Trust National Bank" de Lakota S. .D. E. S. Howard vient d'etre nommé syndic de la faillite de la Firet National BaLk" de Cedar Falls, Iowa. La banque d'Everett, à Snoho mish, Wash., vient de fermer ses portes. Enfin, la "People Savings Bank"

10. June 15, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 15, 1893

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BUSINESS TROUBLES. The Exchange Banking Company, of Western Ohio, with s capital of $50,000, closed Wednesday. In consequence of a run. the Lake County Bank, of Aaron Wileox & Co., of Painesville, a, suspended June 14. with beavy liabilities. It was considered a sound institution. The Citizens' bank, of Fairmount, Ind., one pended on June 14 owing to the stringency in the money market Its capital stock is $50,000, assets $191,000, and liabilities $130,000 to $150,000 Ernest E. Kipling, an importer of precious stones in New York, with offices at Providence, R I. and Paris, France, failed on June 14. with liabilities of about $150,000 and nominal assets exceeding that amount The state bank examiner declares that Mana. ger Hurlburt, who is now missing. conducted the failed bank of Burr Oak, Kan, in such a manner as to send him to the penitentiary. The deposits are $45,000 and the assets worthless A run started on the Irving Savings Institution, of New York city. on June 14, in consequence of the alleged defalcations of $70,800 discovered, but all demands were promptly met, and Treasurer Latimer said the bank had $1,000.000 on hand and more withia reach when wanted. In twenty minutes after opening $7,000 had been withdrawn by a host of clamoring depositors. Baacke's Wire Nail Works at Cleveland, O., failed on June 14, with $300,000 assets against $225,000 liabilities. It was the largest institus. tion of the kind in the country, and Beacke, the founder, is a pioneer in the wire nail business. Nailer & Co., of New York and Philadelphia, the principal creditors, of whom the company bought millions of dollars' worth of material and always paid promptly. refused to grant an extension, and this forced the failure.

11. June 15, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, June 15, 1893

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FINANCIAL CRIPPLES. An Indiana Bank Suspends-Run on a Gotham Bank. INDI ANAPOLIS. June 14.-The Citi zens' bank, of Fairmount, Ind., has suspended operations owing to stringency in money markets. Capital stock, $50.000: assets, $101,000; liabilities, from $130.000 to $150,000. NEW YORK. June 14.-A run was started on the Irvings Savings Institution this morning as soon as the doors of the place at No. 96 Warren street were opened. Treasurer M. B. Latimer said the bank had on hand a million dollars and could get that much more if necessary, at a moment's notice. This is the bank in which Superintendent of Banks Preston, of the state of New York, discovered a deficiency of $70,800. Up to 2 o'clock $50.000 had been withdrawn by deposits from the institution. The paying teller was paying the depositors slowly. At 2 o'clock there were about a hundred depositors in line. The officials declare there is no cause for alarm, as the surplus exceeds the deficiency by over $600,000. PAINE. = LLE. O., June 14. - This morning the Lake county bank of Aaron, Wilcox & Co. posted a notice on its doors as follows: This bank has suspended temporarily, being unable to meet the run on it at present, owing to the stringency in the money market. All depositors will be paid in full." The personal estate of the stockholders is liable for the indebtedness, in all amounting to several hundred thousand dollars. The bank is believed to be solvent. It was organized twenty years ago, and has always been considered a sound institution. TOPEKA, Kan., June14.-State Bank Commissioner Briedenthal, who has recently made an examination into the affairs of the Bank of Burr Oak. which failed last Saturday, declares the man ager, Hurlbert, of the bank conducted its affairs in such a manner as to send him to the penitentiary. Hurlbert disappeared the day after the failure, leaving a wife and two children bebind, and cannot be found. Commissioner Breidenthal says Hurlbert has made false statements to the bank commissioner. The bank's deposits amount to $45,000. and, although the assets on their face show a value of $54,000, they are nearly worthless. and will net the depositors nearly 20 cents on the dollar. OMAHA, Neb., Jane 14.-The runs on the Omaha savings banks subsided this morning almost as quickly as they started yesterday. Early there were a few depositors at the Omaha Savings demanding their money, but as soon as it became apparent that the rush was over the anxious ones left without taking their cash. RIVERSIDE, Cal., June 14,-The doors of the Riverside Banking company failed to open at the usual hour today. The following sign was displayed on the door: "This bank is closed under instructions. Depositors will be paid." MOUNT VERNON, O., June 14. -The Chicago Brown Stone company. engaged in extensive quarrying in Knox county, has been placed in the hands of a receiver. Claims against the concern amount to $30,000. CLEVELAND, June 14.-The Baackes Wire Nail company has made an assignment. The inability to raise money to meet maturing paper was the sole cause of the failure. Liabilities of the company are only $225,000, and the assets reach $900,000. WESTON, June 14. - The Exchaneg Banking company. of this place, closed its doors this morning. The bank has had a run and was unable to get help, and the airectors decided it to the best interests to close. The directors have notified depositers that they will probably receive dollar for dollar.

12. June 16, 1893 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, June 16, 1893

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NEWS IN BRIEF. The paid admissions at the world's fair Tuesday were 95,521. A new postoffice has been established at Wealthwood. Aitkin county, Minn. Kueffet's cotton mill, in Drudtz. Bohemia, burned Tuesday. Loss 1,250,000 francs. The Bank of Burr Oak, Kan., has closed, with liabilities of $35.000, and practically no assets. The People's Guarantee Savings Bank of Kansas City has assigned. Liabilities, $70,000; assets; $50,000 to $65,000. The Sulphur Lumber company, of Sulphur, Tex., has been placed in the hands of a receiver. Assets, $300.000; liabilities, $100,000. A. B. Wood, city editor of the St. Paul Dispatch, was married at Winnipeg to Miss Louise Atwood, a daughter of Colonel P. H. Atwood of that city. At Dayton, O., a motor car of the White Line street railway was struck and demolished at a railroad crossing. Martin Rudolph, an inmate of the Soldiers' home, was killed, and William Harkerrider, the motorman, was seriously injured.

13. June 17, 1893 Red Lodge Picket Red Lodge, MT
Article from Red Lodge Picket, June 17, 1893

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NEWS IN BRIEF. Matters of More or Less Importance Tersely Touched Upon. The paid admissions at the world's fair Monday were 75,957. A new postoffice has been established at Wealthwood, Aitkin county, Minn. The Bank of Burr Oak, Kan., has closed. with liabilities of $35,000, and practically no assets. The People's Guarantee Savings Bank of Kansas City has assigned. Liabilities, $70,000; assets; $50,000 to $65,000. The Sulphur Lumber company, of Sulphur, Tex., has been placed in the hands of a receiver. Assets, $300,000; liabilities, $100,000. A. B. Wood, city editor of the St. Paul Dispatch, was married at Winnipeg to Miss Louise Atwood, a daughter of Colonel P. H. Atwood of that city. At Dayton, O., a motor car of the White Line street railway was struck and demolished at a railroad crossing. Martin Rudolph, an inmate of the Soldiers' home, was killed, and William Harkerrider, the motorman, was seriously injured.

14. June 21, 1893 The Advocate and Topeka Tribune Topeka, KS
Article from The Advocate and Topeka Tribune, June 21, 1893

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Loan and Trust Company, the Dime Savings bank, the German Savings bank and Nebraska Savings bank. The American Savings bank and the Dime-Savings bank took advantage of the sixty days' rule and refused to pay any deposits. The Globe and Trust Company paid off 50 per cent. of the deposits and held the balance under the rules. At the Omaha Savings bank President Manderson made an extended speech at 1 o'clock and announced that the bank was prepared to pay every dollar. PARK CITY, UTAH, June 12.-The Park City bank to-day failed. Liabilities $116,000; assets unknown. The failure started a run on the only other bank in the town, the First National, and was due to heavy withdrawals of deposits. KANSAS CITY, June 12.-The People's Guaranty Saving bank made an assignment to-day for the benefit of creditors. The liabilities are supposed to be about $70,000; the assets between $50,000 and $65,000. Clarence Park is president of the bank. SIOUX CITY, IA,, June 12.-The Union Stock Yards State bank, capital $250,000, assigned. The failure was unexpected until within twenty-four hours. It is stated that all depositors will be paid out and there will be little or no loss to stockholders. MANKATO, KAS., June 12.-The Bank of Burr Oak, Jewell county, closed its doors this morning. The bank is owned by Hulbert Bros., and the liabilities are placed at $35,000; the assets are practically nothing. C. D. Hulbert, one of the proprietors of the institution, has fled, and his whereabouts are unknown. The depositors are greatly incensed and if he should return, either of his own accord, or to answer a criminal charge, there being some inclination among the depositors of preferring éuch a charge, he would be roughly dealt with. OMAHA, NEB, June 12.-The McCague Savings bank closed this afternoon by order of the state bank examiner. No statement has been issued yet, though Vice President McCague fixes the liabilities at $400,000, and estimates the assets at from $460,000 to $475,000. The suspension, he says, is due solely to the inability to realize on securities and states positively depositors will be paid in full. The clearing house made an examination of affairs of the bank this afternoon and decided the assets were not as strong as they should be. TEXARKANA, TEX., June 12.-The Sulphur Lumber Company of Sulphur Springs was placed in the hands of a receiver to-day. The liabilities are $100,000, assets, $300,000. LITTLE Rock, June 12.-M. Pollock & Co., the oldest clothing house in the state, made an assignment to-day. The liabilities are $52,000; assets are estimated at $75,000. The Exchange National bank of this city and several creditors are preferred to the amount of $22,000. The remaining creditors are New Yorkers. CINCINNATI, June 10.-The Citizen's National bank, of Hileboro, O., is closed by order of Comptroller Eokles and pleased in the hands of hank examinous