Articles (Aug 9, 1893 dispatches) report the Exchange Bank of Courtland suspended payment and describe it as a failure; no runs or reopening are mentioned and no particulars given about cause. Treat as a suspension leading to closure/ failure.
Events (1)
1.August 9, 1893Suspension
Cause Details
No particulars concerning the cause of the failure were given.
Newspaper Excerpt
C. E. Everest, cashier of the Exchange bank of Courtland, Republic county, telegraphed to State Bank Commissioner Breidenthal that his bank had suspended payment.
Small Bank Closed. TOPEKA, Kan., Aug. 9.-C. E. Everest, cashier of the Exchange bank of Courtland, Republic county, telegraphed to State Bank Commissioner Breidenthal that his bank had suspended payment. No particulars concerning the cause of the failure were given. The capital stock of the bank was $5,000. TEe
2.August 11, 1893The Kinsley GraphicKinsley, KS
Click image to open full size in new tab
Article Text
small Bank Closed. TOPEKA. Kan., Aug. 9.-C. E. Everest, cashier of the Exchange bank of Courtland, Republic county, telegraphed to State Bank Commissioner Breidenthal that his bank had suspended payment. No particulars concerning the cause of the failure were given. The capital stock of the bank was $5,000.