Neosho Rapids State Bank (Neosho Rapids, KS)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
November 2, 1928
Location
Neosho Rapids, Kansas (38.369, -95.992)
Bank Type
state

Metadata

Notes

Bank failed Nov. 2, 1928 and was in receivership; dividends paid by state receiver in 1929.

Events (2)

1. November 2, 1928 Receivership
Newspaper Excerpt
The Neosho Rapids State Bank. a second division of 20 per cent totaling $6,500. The bank failed November 2. 1928
Source
newspapers
2. August 6, 1929 Other
Newspaper Excerpt
August 6-The Neosho Rapids State Bank. a second division of 20 per cent totaling $6,500.
Source
newspapers

Newspaper Articles (2)

Article from The Hutchinson News, August 2, 1929

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Article Text

Dividends Scheduled for Failed Bank Depositors W. Johnson, state receiver for fall. ed banks, today announced dividends will be paid depositors of the following banks on the dates given: August 6-The Neosho Rapids State Bank. a second division of 20 per cent totaling $6,500. The bank failed November 2. 1928 Aug 10-The Farmers State bank of Hartford. first dividend of 40 per cent amounting to $53,140. The bank closed its doors July 3, 1928. August 12-The Fidelity State of 13 per cent, totaling $38,900. The bank of Chanute, B final dividend 1926. August 16-The Zarah State bank bank suspended operation June 14, falled September 22.


Article Text

PAY BANK DIVIDENDS Topeka, Mar. Johnson, state bank receiver, paid 20 per cent dividend to depositors the Cherokee state bank at Columbus today. The Farstate at Stockdale will ceive 25 per cent April the Neosho Rapids state final dividend of 2ยฝ per cent April the Citizens State of Hav 14 per cent on April and the Farmers State of Wheaton 25 per cent on April 11