5986. Commercial State Bank (Lindsborg, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 25, 1930
Location
Lindsborg, Kansas (38.574, -97.674)

Metadata

Model
gpt-5-mini
Short Digest
58f1c12ed4aa90ff

Response Measures

None

Description

Articles report appointment of a state bank receiver for the Commercial State Bank of Lindsborg (Dec 1930) and subsequent dividend payments by the state bank receiver in 1931 and 1932. No mention of a depositor run or reopening; the bank was placed in receivership and wound up, consistent with suspension followed by permanent closure/receivership.

Events (3)
1. December 25, 1930 Receivership
Newspaper Excerpt
Sohlberg of McPherson, has been appointed receiver for the Commercial State bank of this city.
Source
newspapers
2. June 3, 1931 Other
Newspaper Excerpt
the same amount to the Commercial state of Lindsborg ... payment will be made
Source
newspapers
3. June 24, 1932 Other
Newspaper Excerpt
The Commercial State at Lindsborg will receive 10 per cent June 30
Source
newspapers

Newspaper Articles (3)
1. December 25, 1930 The Wichita Eagle Wichita, KS
Article from The Wichita Eagle, December 25, 1930

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Article Text

APPOINT BANK RECEIVER LINDSBORG, KAN., Dec. ert Sohlberg of McPherson, has been appointed receiver for the Commercial State bank of this city. Mr. Sohlberg is also for the Citizens State bank at He said the of the McPherson institution will be wound up shortly.

2. June 3, 1931 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, June 3, 1931

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Article Text

DEFUNCT BANKS PAY Topeka, June Johnstate bank receiver, will pay dividend of 20 per cent today repositors of the Paxico state per cent payment will be made the State of Bird City, per payment to the Exchange state of Nortonville, the same amount to the Commercial state of Lindsborg and per cent to the Hamilton state.

3. June 24, 1932 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, June 24, 1932

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Article Text

MAKE BANK PAYMENTS Topeka, June 24-C. W Johnson, state bank receiver, will pay a per cent dividend to the Citizen State bank of Belle Plaine today. The Commercial State at Lindsborg will receive 10 per cent June 30, the Peoples State of Hoisington 20 per cent the same day, the Buffalo State and the Webber State 10 per cent each on July 2.