Multiple contemporaneous articles (July 14–15, 1925) report a run on the Harveyville State Bank which prompted the state banking department to close the bank and place Deputy Bank Commissioner William Kennedy in charge. No articles indicate the bank reopened; placement of a deputy in charge implies official takeover/receivership.
Events (3)
1.July 13, 1925Run
Cause Details
Article notes a run occurred but gives no specific trigger (rumor, correspondent failure, or bank-specific information not specified).
Measures
Following the run, state banking authorities intervened and closed the bank; deputy commissioner placed in charge.
Newspaper Excerpt
A run on the bank yesterday caused the banking department to act.
Source
newspapers
2.July 14, 1925Receivership
Newspaper Excerpt
William Kennedy, deputy bank commissioner, was placed in charge. Bank Commissioner Bone does not know what the shortage will be.
Source
newspapers
3.July 14, 1925Suspension
Cause
Government Action
Cause Details
State banking department closed the bank and put deputy bank commissioner in charge after the run; commissioner cited unknown shortage; closure under state guaranty law noted.
Newspaper Excerpt
Harveyville State bank was closed this morning and William Kennedy, deputy bank commissioner, was placed in charge.
Source
newspapers
Newspaper Articles (3)
1.July 14, 1925The Kansas City PostKansas City, MO
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Article Text
KANSAS BANK CLOSES
Run on Harveyville Institution Causes State to Act. ville State bank was closed this morning and William Kennedy. deputy bank commissioner. was placed in charge. Bank Commissioner Bone does not know what the shortage will be. A run on the bank yesterday caused the banking department to act. The bank is capitalized for $25,000. It is under the state guaranty law. Harveyville is in Wabaunsee county. thirty-five miles southwest of Topeka.
Dennis May Be Rearrested if Freed. M'ALESTER. OK., 14.-Should Governor Trapp today remit the $10.000 fine imposed Fred Dennis, former state bank commissioner, when he pleaded guilty a year ago to a charge of conspiracy. he probably will be rearrested as he leaves the prison. W. S. Keys, warden. today said that he intended to hold Dennis for Coal county authorities, who have a warrant for him.
Your room can be rented to reliable tenants if you will use Journal-Post Want Ads. Phone Main 4000.
Kansas State Bank Closed After Run
Harveyville State closed this and Will Kennedy Dep uty Bank in charge. Bank Commissioner does the shortage be run the bank yesterday caused the department The bank capitalized $25, 000. under Guaranty Law Waubaunsee thirty miles south west of Topeka
3.July 15, 1925Tulsa WorldTulsa, OK
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Article Text
BANK CLOSED IN KANSAS
Harveyville Institution Closed After Run-Capital $25,000.
Harveyville bank was closed Tuesday and Deputy Bank Commissioner Kennedy placed in charge. Bank Commissioner Bone does not know what the shortage will be. the bank Monday caused the banking depart. ment act. The bank is capitalized for It is under the state guaranty law. Harveyville is county, 35 miles south. west of
