5920. State Bank (Kansas City, KS)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
June 1, 1931*
Location
Kansas City, Kansas (39.114, -94.627)

Metadata

Model
gpt-5-mini
Short Digest
9f7c2d7d66c4a8e9

Response Measures

None

Description

The articles refer to the Armourdale State Bank (Kansas City, Kansas) which closed in June 1931 and had a receiver appointed. There is no description of a depositor run triggering the closure; rather the state bank commissioner moved to name a receiver and depositors sought to enjoin that action. OCR truncates the exact day of closing in one article; receiver appointment is reported June 26, 1931. I corrected the bank name from the generic input 'State Bank' to 'Armourdale State Bank' as shown repeatedly in the articles.

Events (2)

1. June 1, 1931* Suspension
Cause
Government Action
Cause Details
State banking commissioner moved to appoint a receiver for the closed Armourdale State Bank, effectively closing/suspending the bank.
Newspaper Excerpt
ARMOURDALE STATE DEPOSITORS CARRY FIGHT TO COURT. ... preventing appointment by State Case ... the closed Armourdale State Bank of Kansas City Kansas
Source
newspapers
2. June 26, 1931 Receivership
Newspaper Excerpt
A BANK RECEIVER NAMED. The Depositors of Armourdale State Select W. C. Stewart. H. W. Koeneke, state banking commissioner of Kansas, last night confirmed the appointment of W. C. Stewart ... as receiver for the closed Armourdale State Bank. The bank closed June ... Stewart will assume his duties this morning, the banking commissioner said. (Jun 26, 1931 article).
Source
newspapers

Newspaper Articles (5)

Article from The Kansas City Star, June 19, 1931

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Article Text

BLOCK A BANK RECEIVER TAG DAY MATRONS NAMED. TO NEW YORK IN 8 HOURS FAST PLANES TO FLY NIGHT AIR MAIL EAST FROM HERE. Transcontinental and Western Air. Inc. Prepares to Install the New Service Within the Next Month. Overnight air mail service between Kansas City and New York. with fast aircraft completing the journey in less than eight hours, will be the next important step in the development of the system of Transcontinental & Western Air, Inc., whose general headquarters soon are to be moved to Kansas City. The service is expected to begin about July 15 The air line thus will complete the thing it set out to do when it recelved the postoffice contract for the day and night transportation of air mail over the central coast-to-coast route. Its present schedules call for day flights between New York and Kansas City and between Los Angeles and Kansas City with brief period of night flying at each terminal. FROM EAST TO WEST NOW. Its all-night activities at present consist of the overnight service for air mail which it established April 20 and according to which mail is flown across the United States from east to west less time than by any other route The planes carrying out this schedule depart from Kansas City only after the arrival of the passenger and mail machine from New York, thus carrying on with mail that has left New York that same In effect, the new night schedules to New York from here will permit the same rapid transportation of mail across the continent from west to east. The trimotor bearing passengers and mail from Los Angeles arrives here about 10 o'clock. With the inauguration of the new schedule. mail only will be taken toward New York in fast, single-engine planes leaving here about thirty minutes after the arrival of the larger plane from the west. The o'clock departure from Kansas City will be scheduled to arrive in New York about 7:15 o'clock, central time, the next morning. THE PILOTS ARE DESIGNATED. The planes have been purchased by the line and two or three have been delivered. In addition, the pilots who will fly the night mail from Kansas City to and from Columbus to New York have been designated from among the line's co-pilots of the craft The added night service undoubtedly will make of Kansas City point of and inter-line exchange of air mail whose volume will be among the heaviest air mail cities in the country This is accounted for through the fact the central air mail route through here and over the T. & W. system, will require less time to transport mail from coast to coast than either the northern or southern air mail routes In fact, the present overnight servicc from here Los Angeles, which means virtually journey for mail from New York to the California city has done much to swell the volume of air mail here The line's mail poundages have increased to the point wherein T. & W A. alone is transporting from two to three tons each week Then there are the heavy mail loads of National Air Transport, American Airways and United States Airways to add to the total The whole,' even without the coming additional service. has gone far to make Kansas City outstanding in its air mail volume. Right Smart Poker Players. The monocle is said to be a great aid in poker game because it conceals the facial expression All we mountain boys want, however, is a chance to sit in poker game with bunch of monocle wearers. W. U. Drive Saturday Is for the Americanization Center. Scattering of Body Prevents Positive Identification. NEW YORK, June 19.-Mrs. Elizabeth Zubriski. who has been held since June 6 for the murder of her husband, Andrew, was discharged in court today She was immediately taken custody again on a federal prohibition Zubriski disappeared March 27 and more than dozen fragments of human body found in various parts of the city were believed by police to be his. Identity was never positively established. however, and Mrs. Zubriski's lawyers insisted she could not be tried without definite proof her husband was Charles Obietes, arrested with Mrs. Zubriski, told police he and the woman planned the slaying of her husband, for which she paid him $300. Obietes is under observation. ARMOURDALE STATE DEPOSITORS CARRY FIGHT TO COURT. Temporary Restraining Order Is Issued Preventing Appointment by State Case Without Precedent. An order restraining H W Koeneke, state bank commissioner of Kansas, from appointing a receiver for the closed Armourdale State Bank of Kansas City Kansas was issued today by Judge W H McCamish of the third division of Wyandotte County district court The action against the bank commissioner was filed by depositors of the closed institution It was the most suit from legal viewpoint ever taken by depositors of closed bank and has no legal precedent in the United States. according to H. Brady, attorney for the The order was signed shortly before 11 o'clock. When Mr. Brady filed the suit and demanded speed of a deputy sheriff in serving the papers he was advised the appointment was imminent. It was not made. In the petition, Mr. Brady alleged the refusal of the bank to allow a reorganization of the institution is not authorized by law warranted by the facts of the condition of the bank have plan for the reorganization of the bank. Mr Koeneke asserted. "but it is founded on a sound business basis. "The bank commissioner in refusing to allow reorganization arbi trary, unfair and partial,' Mr. Brady stated in the The ultimate disagreement came last night Mr. Koeneke ruled he would allow reorganization only if the depositors could take up million dollars of the bank's loans which he listed as objectionable assets. Mr. Brady said he threatened the of receiver at 10 o'clock today, the guarantee was not forthcoming. Mr. Koeneke denied the threat. but admitted the plan to appoint receiver. So the question of whether % mil- lion dollars in assets is for the reorganization of the bank or a lesser amount, will be argued at hearing 10 o'clock Monday Judge McCamish. At that time the application for temporary injunetion will be heard. To collect funds to carry on the work of W. C. T U. Americanization Center, the organization is having tag day Saturday The matrons who will have charge of the workers are BrightCarrie Mayer McEwen Gertrude Emmett fames Peterson. Ream. Harper Anna Patrons of the tag day. who gave contributions without being solicited are Young Mrs Mason AlderJoseph PorLyman. Jones, AberElledge BAR TO TRIAL IN A MURDER.


Article from The Kansas City Times, June 20, 1931

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AGREE TO BANK RECEIVER THE DEPOSITORS WILL NAME THE PERSON TO TAKE CHARGE. Court Action Against Commissioner Will Be Halted Today in the Armourdale State Case. national leaders of his party Along Depositors and stockholders of the with his tentative plans for reclosed Armourdale State Bank met organization is known he will prelast night and decided to quash the sent an urgent demand from the restraining order obtained in the Kansas City Republicans for funds from both the state and the national Wyandotte County district court yesorganizations with which to combat terday to enjoin the state banking the big Democratic slush fund. department from appointing reNEED OUTSIDE FINANCIAL AID ceiver for the institution Persons The Democrats take their funds who enjoined the banking departfrom jobholders at the city hall and ment from going ahead contended Since the Republicans before the court that the banking have only two offices in the county department was acting arbitrarily those of county highway engineer and and that plans for reorganization assessor none in the city. were being hampered. they necessarily depend upon According to an announcement outside made last night by H. H. Daniels, The organization of the party president, the motion to withdraw workers by districts well as wards the order will be made this morning is part of the county chairman's As understood last night, the deposiplan of reorganization. he said last tors of the bank will meet Monday, night. The sixteen wards will be June 29, to name their own receiver. divided into four districts. each disa move permitted under the law trict to be manned by district chair50 per cent of the are man and vice-chairman. The seven agreed upon the person to be named. townships in the county would be of the receiver seincluded in one district. and similected by the depositors is expected lar organization set up there The from H. W. Koeneke, state bank comdistrict officers would be advisory depositors and stockholders and supplemental to the heads of the of the bank said after B. conference ward organizations, which still would with the official carry the brunt of the campaign. Under the new plan, depositors will Dr. Clements and Mr. Curtis will be stand aside and allow the receiver to at the hotel from to o'clock Suntake charge of the bank. They then day to meet Republican workers and will attempt to strike upon some hear any suggestions they may have practical plan for of the which will be acceptable to the Mr. Koeneke said at his home in Topeka last night that the stock. holders and depositors of the bank might be able to work out some practical plan of reorganization while the receiver was in charge of the bank. He pointed out that the additional time would allow details to be gone into and, if was practical. result in sound bank replacing the old.


Article from The Kansas City Times, June 27, 1931

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SPAIN TO POLLS TOMORROW. Preparations Are Made to Suppress Election Disorders. (By Associated MADRID. June 26-The provisional republican government today pre. pared to resort to strong methods in suppressing any disorde in Sunday's election of a national constituent assembly to determine the future form of Spanish government. SEVILLE SPAIN June 26.-The arrival of General San Jurjo in Seville by airplane from Madrid today was said in reliable circles to have forestalled an alleged anarchist-syndicalist plot tomorrow which was designed to prevent Sunday's election. A BANK RECEIVER NAMED. The Depositors of Armourdale State Select W. C. Stewart. H. W. Koeneke, state banking commissioner of Kansas, last night confirmed the appointment of W. C. Stewart, treasurer of the Williams Meat Company, 312 Kansas avenue, as receiver for the closed Armourdale State Bank. The bank closed June Mr. Koeneke said Mr. Stewart was the choice of the largest depositors of the bank. His appointment followed the presentation of petition. signed by the largest depositors. to the bank commissioner in Topeka yesterday morning The Williams Meat Company is said to have been the largest single depositor of the closed bank. The bank had deposits totaling about $667,000. Stewart will assume his duties this morning, the banking commissioner said.


Article from Kansas City Journal, June 29, 1931

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CHECKS BANK ASSETS W. C. Stewart Begins Duties at K. C. K. Institution. sistant receiver of the closed Armourdale State bank by depositors last Friday, today began his duties the bank by an inventory of the is treasurer of the Will Meat company at No 20 bank is 514 Kansas avenue His election as assistant receiver came about as result of mandamus action brought by depositors to prevent the Kansas banking com. missioner from naming the receiver The suit was dropped when the agreed to name as to act under the supervision of Charles W. Johnson of Topeka, state bank receiver.


Article from The Kansas City Star, July 26, 1931

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A POST TO A. BOW MAN. Lawyer Is Named to Aid Armourdale Bank Receiver ARARAT A MILITARY ZONE. Charles A. Bowman Kansas City, Kansas, lawyer. yesterday received word of his appointment as attorney for the receiver for the Armourdale State Bank. which closed June Bowman was named by Charles W Johnson. general receiver for the Kansas bank commission He will assist W. C. Stewart treasurer of the other requirements The twentieth Williams Meat Company, 312 Kansas century George Washington should avenue, receiver for the bank. have some knowledge of surveying. an inderstanding of farming. and native knack for leading revolutions Noah's Landing Is Blocked by when the occasion arises. However Soldiers. it was contended such minor details could be managed after the discovery AGRI DAGH. TURKEY. July 25.-If of the face and figure. few weeks Noah tried land on Mt. Ararat towork on the county road system could day he would be arrested. Ararat impart the surveying; the farming has been declared a military zone could be picked up at short course and the instinct might be stimulated by a trip through the wheat belt To Resemble Which Portrait But what about the face? Before the search had gone into the secluded byways. Kansas City women wondered just what facial contours they were after Should it be the old reliable Gilbert Stuart portrait. or the Houdon bust or the austere portrait by Edward If some of the modern artists are right, the man of the hour may look like none of the old reliable symbols of the father of his country. A difficult situation One facial characteristic is established at the start-the man who looks like George Washington must have long nose. Among the first to have their eyes out for Kansas City George Washington. in addition to Mrs. Bryant, were: Mrs. F. O. Cunningham, Mrs. C. C. Madison and Mrs. Calvin Atkins, D. A. R. regents; Mrs. N. T. Grove and Mrs. A. N. Maltby of the Missouri Valley Historical Society. tinue the trip on busses. The road will this morning, officials said The station. box car which had been placed on permanent foundation, is seven miles east of Lawrence.