Short news item (Butte Semi-Weekly Miner, 1887-07-30) reports the State Savings Bank of Leavenworth was assigned and the cashier absconded. Assigned here indicates suspension and a receiver was likely appointed. No mention of a depositor run; the trigger appears to be bank-specific (cashier absconding/possible embezzlement).
Events (2)
1.July 27, 1887Receivership
Newspaper Excerpt
the State Savings Bank assigned this morning and the cashier has absconded.
Source
newspapers
2.July 27, 1887Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier absconded, leading to the bank being assigned (suspended/put into receivership).
Newspaper Excerpt
A special from Leavenworth, Kansas, states that the State Savings Bank assigned this morning
Source
newspapers
Newspaper Articles (1)
1.July 30, 1887Butte Semi-Weekly MinerButte, MT
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Article Text
The Cashier Missing. Sr. LOUIS, July 27.-A special from Leavenworth, Kansas, states that the State Savings Bank assigned this morning and the cashier has a beconded.