5919. State Bank (Kansas City, KS)

Bank Information

Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Start Date
December 1, 1926*
Location
Kansas City, Kansas (39.100, -94.579)

Metadata

Model
gpt-5-mini
Short Digest
6a7c9709cbffd50b

Response Measures

None

Description

Newspaper articles describe heavy withdrawals over six weeks, refusal of a Kansas City bank to renew a note, appointment of a receiver and placing the bank in the hands of the state examiner, and later receiver activity and dividends. Embezzlement by the president (Gus Ehlers) is reported and likely contributed to failure. The bank did not reopen; it remained defunct with a receiver and later distributions to depositors in 1927 and judgments in 1928.

Events (5)

1. December 1, 1926* Run
Cause
Bank Specific Adverse Info
Cause Details
Depositors withdrew over six weeks after a correspondent in Kansas City refused to renew a note, draining cash reserves; later investigations revealed embezzlement by the bank president.
Measures
Bank board voted to place the depository in the hands of the State Bank Examiner; receiver later named.
Newspaper Excerpt
depositors had withdrawn during the last six weeks
Source
newspapers
2. December 24, 1926 Receivership
Newspaper Excerpt
George McAnany was named today receiver for the Roanoke State Bank. ... deputy state bank examiner in charge of the ... the board ... voted to place the depository in the hands of the State Bank Examiner . . . the bank was to be discontinued today . . . depositors had withdrawn during the last six weeks . . . the bank was capitalized at ... had deposits . . . (Dec. 1926 articles).
Source
newspapers
3. December 24, 1926 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closure followed the refusal of a correspondent bank to renew a note which would have replenished cash reserves; internal embezzlement by bank president also reported as an adverse factor.
Newspaper Excerpt
named today receiver for the Roanoke State Bank ... the Roanoke State bank closed its doors Tuesday morning when KanCity, Mo., bank refused renew note
Source
newspapers
4. August 1, 1927 Other
Newspaper Excerpt
Depositors of the Roanoke State bank, Kansas City, Kan., will receive in August their first distribution of the assets ... percent dividend will be paid to depositors ... (state receiver announcement).
Source
newspapers
5. June 25, 1928 Other
Newspaper Excerpt
judgment against the estate of H. Ehlers, former president of defunct Roanoke State bank ... receiver testified ... believed the receivership would be able to pay 15 per cent more to the depositors (judgment entered).
Source
newspapers

Newspaper Articles (9)

Article from The Kansas City Star, December 24, 1926

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FOR BANK Bank Department Some Records Missing. George an insurance 1904 street, KanCity, was named today ceiver for the Roanoke State Bank. Roy Bone, bank commissioner Kansas. Mr. McAnany will take charge the bank's affairs soon banking department completes Dale Ainsworth. deputy bank missioner charge the bank, loose leaf record today many pages the bank missing. An effort being made find them. The pages from the daily statement and apply to and 1921.


Article from The Wichita Eagle, December 24, 1926

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OFFICERS NAB BANKER President of Roanoke Bank Charged with $800 Embezzlement KANSAS Dec. warrant charging Gus Ehlers, president the closed Roanoke State bank, here, with the embezzlement of $800 depositor's money, was sued late today, by Harry attorney. the request Dale Ainsworth deputy state bank in charge the of the The charge that Ehlers $800 deposit from customer bank gave him credit slip receipt for the deposit, and then posited the his own count. When he could not produce the was charged embezzlement, Ainsworth said. The Roanoke State bank closed its doors Tuesday morning when KanCity, Mo., bank refused renew note, which would have replenished cash reserves, which had dropped below by At time stated that quiet the bank institution in days. Capitalized there deposit and loans totaled Mr. Ehlers notified of the rant once, and made his for service, pleading not guilty. He was released bond, signed his Ehlers, vice president of the bank. The money involved the charge came to him loan, he said.


Article from St. Louis Post-Dispatch, December 31, 1926

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CAUSES BANK TO CLOSE Kansas City (Kan.) Depository Drained for Six Weeks. Associated Press. KANSAS CITY. Kan., Dec. The board of directors of the State Bank here last night voted to place the depository in the hands of the State Bank Examiner. Nourse, president of the bank, in announcing would be discontinued today, said depositors had withdrawn during the last six weeks. The bank was capitalized at had deposits


Article from The Republic Monitor, January 20, 1927

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MISSOURI News Nuggets LATE STATE EVENTS CONDENSED FOR THE BUSY READER Kansas Ehlers, cused by Mrs. Kathryn Ehlers of potsoning her husband, Gus H. Ehlers, brother and former president of the defunct Roanoke State Bank, commitsuicide at the home of another brother, Charles Ehiers, Rosedale section of Kansas City, Kan. Death caused bullet from revolver. Ehlers also had taken poison previousbut Its effect was not rapid enough, he made certain of death by shooting himself. He used the same kind poison that caused the death of his brother, Gus H. Ehlers. Jefferson invitation to dress joint meeting of the Missouri House of Representatives and the Senate was extended Timothy Smiddy of Cork, Ireland, concurrent resolution introduced in the Senate by Senator Casey, Democrat, Kansas City. Smiddy will speak on the FarmWeek program at the University Missouri, January 19. He been invited to address the joint assembly on January 20. He Minister Plenipotentiary from the Irish Free State the United States. Jefferson desire of county court to curtail expenses Is good reason for dispensing with the services of superintendent of public welfare, was held by Attorney General Gentry, in an opinion sent to the prosecuting attorney of Stoddard County. Eleven months ago the county court appointed such an officer for term of three years, and now wants dispense with the officer the grounds of economy. Kansas Baronne's favhis life. Barrone, cabaret singer, and two companions entered the Nightingle Cabaret, formerly the Edwards Cafe, and sauntered through the crowd toward the barroom. In the center the room he took revolver from his pocket. waiter barred his way. Barrone had been there before and frightened patrons with his revolver. Jefferson No. under the workmen's compensation law was received here by Commissioners Phillips, Shaw and Richardson. James Ross, 23, working for Smith Brothers, contractors of Kansas City, was burt January rock falling from the roof tunnel. The commission rected immediate payment of the claim for Ross's injuries. has been started on the $4,000,000 dam on Black Rivew, near Leeper. Workmen encountered rock depth of feet. Other holes will be sunk and engineers are confident that they have located solid base for the big project. Letha Ann Kennedy, 88, died her home in Caplinger Mills. She had spent her entire life In the same community. single casket. in single grave in country cemetery, two miles from where their home. in ashes, once stood. the charred bodles of Mrs. Rex Ambley and her small sons were burled. The three perished fire that destroyed the Ambley home. Four other members of the famBy. the father and three children, were injured. fire breaking out In the cotton house of the Meyer Brothers' Ginning Company for time threatened to destroy the $65,000 gin. cotton house and supplies valued $4,000 destroyed. St. H. Moyes, farmer northeast of Union Star. was burned death when his barn was destroyed by fire. He was 37 years old and leaves widow and child. final eightninths of per cent will be paid positors of the defunct Kirksville Trust Company, It announced by Campbell, special finance er. in charge of the bank since Its close cashier. found dead the vault. death of Thomas Fitz of Are followed by the death of his wife. Fritz Confederate veteran writer. Edgar Moore, 84, native of Callaway County and who graduated from Lindenwood College at St. Charles 67 years ago, dead her home in Los Angeles. according to advices received here. She was taken m while preparing go to reception in Los Angeles in honor of President and Mrs. Roemer of Lindenwood West West Plains Chamber of Commerce unanimously indorsed the proposed $100,000,000 road bond Issue. This organization claims the distinction of originating and working out the first details of the Issue. Pitcher Jack Bentley and Coach Miller the New York Glants, who have hunting and fishing lodge in the Ozark hills, were among the guests. Wainscott, 46, killed when he was crushed beneath wagon load of lumber, about 15 miles northeast Columbia. The wagon had become uncoupled. and he either thrown from to his death or had gotten off to attempt to make pairs and was caught under the load. Wainscott, road overseer, was hauling lumber to repair bridge. blaze was discovered on the roof of the home of Mrs. Williams, "Uncle Dick" WorFannie climbed on top of the house and extinguished the flames.


Article from Independent-Journal, January 20, 1927

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MISSOURI News Nuggets LATE STATE EVENTS CONDENSED FOR BUSY READER Ehlers, cused by Mrs. Kathryn soning Gus H. brother and former president of the defunct Roanoke State Bank, commitsuicide the home of another brother, Charles Rosedale section Kansas City, Kan. bullet revolver. Ehlers also had taken but effect was not rapid enough, death shooting himself. He used the same kind polson that caused the death of his brother, Gus H. Ehlers. Jefferson invitation dress joint meeting of the Missouri House of the Senate was extended Timothy Smiddy sale another bank. Wreck Cork, Ireland, concurrent Cincinnati, one of the six vessels lution introduced the Senate by Senator Casey, Democrat, Kansas Smiddy will speak the Farm ers' Week program the University Missouri, January 19. He has been invited address the joint January 20. He Minister Plenipotentiary from the Irish Free State the United States. Jefferson desire county good for dispensing with services of public held by Attorney Gen eral an opinion sent the prosecuting attorney Stoddard Coun Eleven months ago county such officer for three years, now wants dispense with the officer the grounds economy. Kansas Baronne's fav his life. cabaret singer, and two entered the Nightin formerly the Edwards Cafe, and sauntered the crowd toward the In the center the took from his pocket. waiter barred his way. Bar bad been there before and fright ened patrons revolver. Jefferson No. under compensation law here by Commissioners Phil Hps, and Richardson James 23, for Smith Brothers contractors of City, was January rock falling from roof tunnel The payment of the clain for Ross's has been started $4,000,000 dam Black River near Leeper. Workmen encountered rock depth of Other sunk and engineers are con fident that they located for the big project Letha Ann Kennedy Mills had spent her entire life the single casket grave country from where their stood. the charred bodies Rex Ambley and her small were burled. The three perished fire that destroyed the Ambley home. other members the fam father and three children. injured. fire breaking out the cotton house the Meyer Brothers' Ginning for threat ened the $65,000 ton house supplies valued $4,000 destroyed. Joseph farmer northeast Union burned death when his barn destroyed by fire. was years old and leaves widow child. dividend eight ninths per will paid positors the defunct Trust Company, by finance charge the bank since its March, 1923, after Lonnie Gibbs, eashier. found dead the vault. death Thomas Fitz Des Are followed by death his Fritz Confedveteran and newspaper writer. Edgar Moore native of Callaway County and who from College Charles years ago, dead home Angeles, according advices received She was taken while preparing reception Angeles honor President and Mrs. Roemer West West Plains Commerce in dorsed the proposed $100,000,000 Issue. This claims the originating and work. out the first details the Pitcher Bentley and Coach Miller the New York hunting and fishing lodge the Ozark hills, were among the guests.


Article from The Emporia Gazette, August 1, 1927

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Three Defunct Banks To Pay Dividends to Depositors in August Aug. will paid depositors three defunct banks this month, Charles Johnson, state receiver, announced today. Depositors the Roanoke State bank Kansas will receive August their first distribution the assets. amount20 of the total per cent dividend August depositors the Scranton State bank Seranwhose failure. after the cashier's tied Later. dividend of about cent wind the estate. from which the get only of money. The State bank Linwood make its first dis bursement under the August checks representing of the deposits will be mailed to the depositors.


Article from The Iola Register, August 1, 1927

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THREE DEFUNCT BANKS TO PAY DIVIDEND SOON Topeka, Aug will paid of three defunct state banks this month Charles bank announced today. Depositors the Roanoke State Bank, of Kansas City, Kan., August their first tion the to per cent of the total of $200,000 An per cent dividend will paid August depositors of the State Bank Scranton The State Bank Linwood make its under the receivershp ust when checks the deposits be paid to the depositors.


Article from The Morning Chronicle, August 2, 1927

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PAY LOSING DEPOSITORS. from Kansas Institutions WIII Yield Funds. Topeka, August paid to depositors three state banks this month, Charles Johnson, state bank receiver announced. Depositors of the Roanoke state bank Kansas City, Kan. will August their first the assets, amounting the total $200,000 deposits. An cent dividend will paid August depositors of the State bank whose ton failure, after the cashier's suicide. $310,000. Later, dividend about cent will wind up the per from which the depositors will estate, only one-half their money The Linwood state bank of wood will make its first under the receivership August 20. when checks representing the deposits will be mailed the depositors. Risked Life For Companion Washington, Aug. college girl risked her life young unsuccessfully to from drown her collegemate escort. Thelbert Edwards, formerly of Long Branch, from drowning Chesapeake Bay yesterday. Miss Chevy Chase Avril dove after Edwards from rowboat nhe lost strength while current in the through swift was unable to find She had difficult time reachbody and her boat through the when she gained waters, fainting


Article from The Kansas City Star, June 25, 1928

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GUS EHLERS JUDGMENT DECISION ENTERED $12,500 AGAINST ESTATE. Roanoke Bank Receiver Be15 Per Cent More to the Depositors. judgment against the estate of H. Ehlers, former president of defunct Roanoke State bank, for 500. on his stock liability, was tered today by Judge C. A. Miller fourth division of the WyanCounty district court. Ehlers held 125 shares of stock in bank. George McAnay. receiver for the nk, testified he believed the revership would be able to pay 15 cent more to the depositors. At esent payments of 30 cents on the have been paid. response to question of E. S. Anay, receiver's attorney, the re- ceiver explained a few of the "straw men" transactions he had brought to light with his investigations. "It was easy to discover,' the receiver said, "what had happened after we examined the books and note cases. Gus Ehlers. understand, had absolute control over the loans. He would secure property of little value, then call in 'straw man' and pay him a few dollars to sign papers. He would give a deed to the property to the straw man,' then have him sign a note and mortgage to the bank, giving the property as security. Immediately afterward. the title of the property would be transferred to the nanfe of Gus Ehlers. The witness explained there were about twenty-five of these transactions, the notes varying from $1,000 to $3,000 or $4,000. The books of the bank showed the money had been paid out on notes, but did not state who the money. Gus Ehlers. he said, had a heavy some times depositing as much as $10,000 in a week. There were few times. the receiver said, he was able to trace the amount of the note paid on the "straw man" deals to Ehlers's account. L. R. Gates, attorney, for the estate, asked Mr. McAnay why it was the bank examiner could not find out these facts. "He could see the loan had been made and the money paid out,' the received said, "but he could not know that the property was of no value." DEATHS IN GREATER KANSAS CITY. KOLAR- Mrs Lulu F. Kolar, 67 years old died today the home Mrs. Chelsea following brief James Kolar the 2432 two 4927 Wabash and Mrs. Mildred Kuenster Long Beach Cal., and two brothers Charles Corum, Los Angeles, and J. D. Corum, Elmhurst, III. Topeka, died early today Mrs. Elizabeth Leonard, of the home Topeka two James Leonard Charles Leonard. both of Topeka: three daughters, Mrs Clara Dunning. Kansas Mrs. Tressa Barnes and Miss Marcella Leonard of Topeka. Burial will be in Topeka. POLLOCK Sarah Pollock 89 old, died last night the home 3019 Wayne avenue. She leaves also another son, Oliver Pollock, Sand Point, Ida., and