Article Text
Receiver for Kansas City Bank. Judge Alden of Wyandotte county has appointed C. F. Wilner receiver of the Bank of Kansas City that closed its doors on February 8th. The bank was capitalized at $50,000.
5902. Bank of Kansas City (Kansas City, KS)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 8, 1896
- Location
- Kansas City, Kansas (39.114, -94.627)
Metadata
- Model
- gpt-5-mini
- Short Digest
7056a049a2f09dad
Response Measures
None
Description
The Bank of Kansas City (Kansas, KS) closed its doors Feb 8, 1896 and a receiver (C. F. Wilner) was appointed. No article describes a depositor run; closure followed insolvency and legal action against officers (cashier arrested, suits to recover loans). OCR corrected 'Kas.' to Kansas and confirmed Kansas City, Kansas.
Events (3)
1.
February 8, 1896
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank was insolvent (insolvency discovered; deposits found to be about $6,000; assets inadequate).
- Newspaper Excerpt
- Receiver for Kansas City Bank. Judge Alden of Wyandotte county has appointed C. F. Wilner receiver of the Bank of Kansas City that closed its doors on February 8th.
- Source
- newspapers
2.
March 27, 1896
Receivership
- Newspaper Excerpt
- Judge Alden of Wyandotte county has appointed C. F. Wilner receiver of the Bank of Kansas City that closed its doors on February 8th.
- Source
- newspapers
3.
September 15, 1896
Other
- Newspaper Excerpt
- W. G. Porter, Jr., was arrested ... charging him ... with receiving money as cashier of the Bank of Kansas City, Kansas, when he knew that institution was insolvent and in a failing condition. ... the receiver ... found the deposits of the institution to be about $6,000. In the possession of the bank was little except the fixtures.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
Kansas City, Kansas, Bank Cashier in the Toils. Received Deposits When Bank Was Insolvent. READS THE WARRANT. Jennie Gibson Deposited $900 on January 13. Squabble Over "an $800 Collection Hastens the Arrest. Kansas City, Kan., Sept. 15.-W. G. Porter, Jr., was arrested here yesterday charging him on two counts, with receiving money as cashier of the Bank of Kansas City, Kansas, when he knew that institution was insolvent and in a failing condition. The warrants were issued on complaint of Jennie Gibson and Milam Collins. The complaint of Jennie Gibson is to the effect that on January 13, 1896, W. G. Porter, as cashier, received a deposit of money to the value of $900. The other warrant charges Porter with receiving $85.51 on deposit on December 16, 1895. The arrest of Porter following immediately after the suit filed against him by Receiver C. F. Willner to recover $5,200 borrowed from the institution, indicates that the failure of the bank is to lead to more legal complications than was at first thought probable. When the Bank of Kansas City, Kansas, was forced out of existence and C. F. Willner appointed as its receiver, he found the deposits of the institution to be about $6,000. In the possession of the bank was little except the fixtures. An investigation of the assets showed that the largest debtor the institution had was its cashier, W. G. Porter, and Porter's wife. They had borrowed money from the bank and given as security therefor their promissory notes. The receiver some time ago got hold of an $800 Montana collection which the bank officers claimed was not bank property, but belonged to them individually. The receiver refused to turn it over and suit was brought against him. Suit was then begun by the receiver to collect on promissory notes, and the civil action evidently caused the arrest.
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NEWS IN BRIEF St. Paul is without money to run schools. A great gold find has been made near Rawlins, Wyo A gambling boat was dynamited Burnside, Ky. J. W. McBride has charge of the labor bureau in connection with Democratic national committee. The W. Deweese-Wood Iron mills McKeesport, Pa., Cambria Iron Works Johnstown, Pa., Arlington Cottor Mills, Wilmington, Del., Joliet branch of the Illinois Steel Company, have resumed work, employing about 6,000 men. Colorado mine owners propose manding of the smelters that coin be paid them for the product of their mines. which gold will be in paying off employes and will thus go into circulation. Frank P. Slavin knocked out Jake Kilrain at Baltimore in one round. Near Watonga, Ok., Farmer John Rucker was robbed and murdered two unknown negroes. whom the "Anti-Horse Thief association" trailing. Peter Henshaw, aged 23. committed suicide at Nevada, Mo., by taking strychnine. after a call on a young lady to tentions. whom he had been paying The Bennett National bank of New Whatcomb, Wash., has suspended cause of the withdrawal of deposits beyond the power of the bank to spond. S. C. Ruckman of Fay, Blaine county, Ok., wasmurdered by negroes Coffin, Altemus & Co., the oldest dry failed. goods house in Philadelphia, Herman Parker. aged 4, was suffocated in a flaxseed bin in his father's barn near O'Neill, Neb. Pawnee Indians drew $65,000 nuity money, and theskin game "con" men got lots of it. T. J. Bryan, a cousin of the presidential candidate, is in jail at Little Rock for obtaining money under false pretenses. Spain has backed down and conceded civil trials to the Competitor crew, among whom is Owen Melton, the Kansan. Absconding Cashier Thompson of Sedalia is now tie and wood inspector on the Mexican Central, with headquarters in the City of Mexico. Two men and twenty-five horses lost their lives in a fire which partially destroyed Albert Manger's ery stable in Milwaukee, Wis. Cashier William G. Porter, Jr., of the failed Bank of Kansas City, Kan. is under arrest for receiving deposits when he knew the bank was insolvent. Six Indians got drunk and wounded Agent Gitlaim at Big Jim's crossing Little river in attempting to hold him up. A posse pursued the reds and killed every one of them. President Stewart of Fort Scott's police board, has withdrawn his resignation as commissioner and will leave the Methodist church instead of throwing un his job. He had been condemned by quarterly conference for allowing open saloons in Fort Scott. The New York police think they have Bill Dalton, the notorious Western desperado, who has been slain times without number, located Gotham and they are searching for him. A young man supposed to be Bill Dalton's son is under arrest for robbery, and it is believed that Dalton, pater, was his accomplice. Dress shirts are laundered in Chicago now for 3 cents, because of a rate war At Las Vegas, N. M., Jose Perea shot himself and his fiance in a fit of jealous rage. Nellie Sparks of Marshall started to school at St. Louis but eloped with Newman Newell and was married and obtained parental forgiveness instead. Charles A. Huff, who has been cutting a wide swath in Topeka society, is an ex-convict and his money being all spent he has disappeared, leaving creditors in the lurch. Leaders of the conspiracy against Spain in the Province of Cavette, Phillippine Islands, have been shot. Foreigners in Constantinople say that 5,000 Armenians were killed during the recent riots. Corbett and Fitzsimmons have agreed to a finish fight some time next Sujads Four persons killed and sixteen seriously injured is the result of a wreck on the Arcata and Mad railroad, about five miles north of Arcata, Cal. Provided satisfactory freight ar. rangements can be made with the
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Article Text
Judgment Against W. G. Porter. Judgment WAS given in the district court yesterday to the receiver of the defunct Bank of Kansas City, Kas., in his action against Mr. and Mrs. W. G. Porter upon