6000. Farmers & Stockmens State Bank (Manhattan, KS)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
February 9, 1928
Location
Manhattan, Kansas (39.184, -96.572)

Metadata

Model
gpt-5-mini
Short Digest
3d57d7c3c3592828

Response Measures

None

Description

Articles show the bank was closed and a receiver (Charles W. Johnson) was appointed Feb 9, 1928. Notices in Jan 1929 ask depositors to file claims within one year of the receiver's appointment. No article describes a depositor run; the closure appears to be by appointment of a receiver (government action). A dividend payment of 60% was announced for April 10, 1928 while the bank remained closed under receivership.

Events (3)

1. February 9, 1928 Receivership
Newspaper Excerpt
The Receiver of the Farmers and Stockmens State Bank of Manhattan, Kansas, was appointed on February 9, 1928. CHARLES W. JOHNSON, Receiver. O. M. RHINE, Assistant Receiver.
Source
newspapers
2. February 9, 1928 Suspension
Cause
Government Action
Cause Details
Receiver (Charles W. Johnson) appointed Feb 9, 1928; bank had closed and was placed in receivership.
Newspaper Excerpt
The Receiver of the Farmers and Stockmens State Bank of Manhattan, Kansas, was appointed on February 9, 1928.
Source
newspapers
3. April 10, 1928 Other
Newspaper Excerpt
Receiver ... announced today. Sixty per cent of the deposits ... will be paid creditors and depositors at the bank April 10. The bank will have been closed two months at the time the dividends are paid April 10.
Source
newspapers

Newspaper Articles (4)

Article from The Mercury, March 16, 1928

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Article Text

WILL PAY A 60% DIVIDEND APRIL 10 Receiver of Farmers and Stockmens Bank Makes Unusual Progress dividend of 60 cont of the deposits and State bank will be paid credit tors and depositors at the bank April Rhine, assistant bank ceiver, announced today. Sixty per cent the deposits amounts to more $60,000.00. The fact that the bank able to pay such large portion the soon after the institution closed its doors described by banking department official being unusual. The bank will have been closed two months at the time the divdends are paid April The bank had $58,427 in hand March on In notice published elsewhere in The Mercury tonight, advised forward their certifiby mail to Mr. Rhine, and the dividends will be endorsed and the certificate with the amount of dend will be returned to them. Mrs. Riley of Salina dinner guest Tuesday evening of Mrs. Mabel Moorhead and family.


Article from The Mercury, January 1, 1929

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Article Text

The Statutes of Kansas provide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment. if not filed such claims shall par ticipation the estate such bank The Receiver of the Farmers and Stockmens State Bank Manhattan, Kansas, was appointed on February 1928. CHARLES JOHNSON. Receiver. All claims covered the above notice are be filed my located at 309A Poyntz Manhattan. Kansas. O. M. RHINE. Assistant Receiver


Article from The Morning Chronicle, January 2, 1929

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Article Text

NOTICE The Statutes of Kansas provide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment, and if not so filed such claims shall be barred from participation in the estate of such bank. The Receiver of the Farmers and Stockmens State Bank of Manhattan, Kansas, was appointed on February 9, 1928. CHARLES W. JOHNSON, Receiver. All claims covered by the above notice are to be filed at my office. located at 309A Poyntz Ave., Manhattan, Kansas. O. M. RHINE, Assistant Receiver.


Article from The Morning Chronicle, January 3, 1929

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Article Text

NOTICE The Statutes of Kansas provide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment. and if not so filed such claims shall be barred from participation in the estate of such bank. The Receiver of the Farmers and Stockmens State Bank of Manhattan, Kansas, was appointed on February 9, 1928. CHARLES W. JOHNSON, Receiver. All claims covered by the above notice are to be filed at my office, !ocated at 309A Poyntz Ave., Manhattan. Kansas. O. M. RHINE, Assistant Receiver.