6086. Farmers State Bank (Osage City, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 8, 1932
Location
Osage City, Kansas (38.634, -95.826)

Metadata

Model
gpt-5-mini
Short Digest
7986ec26ec8cf230

Response Measures

None

Description

Articles (Jan 11 and Jan 14, 1932) report Farmers State Bank in Osage City 'closed last Friday' and that Ross Wallace was appointed state receiver. Closure appears to be by state banking authorities with a receiver assigned. OCR fragments corrected (e.g., 'closed last Friday', 'appointed receiver').

Events (2)
1. January 8, 1932 Suspension
Cause
Government Action
Cause Details
Bank was closed and state authorities appointed a receiver; suspension appears to be by state action.
Newspaper Excerpt
the Osage bank was capitalized at $25,000 and closed last Friday.
Source
newspapers
2. January 11, 1932 Receivership
Newspaper Excerpt
A. Wallace of Burdick has been appointed receiver of Farmers State in Osage City by Chas. Johnson, state ... Mr. Wallace ... has been sent to Osage. He began unraveling affairs of the Osage bank ... closed last Friday.
Source
newspapers

Newspaper Articles (2)
1. January 11, 1932 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, January 11, 1932

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Article Text

APPOINT ROSS WALLACE A. Wallace of Burdick has been appointed receiver of Farmers State in Osage City by Chas. Johnson, state Mr. Wallace was formerly cashier of the Farmers State at Burdick and was mentioned as the receiver of that Cottonwood Falls man was glven the Burdick and Mr. Wallace has been sent to Osage. He began of the Osage bank was capitalized at $25,000 and closed last Friday.

2. January 14, 1932 The Herington Sun Herington, KS
Article from The Herington Sun, January 14, 1932

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Article Text

APPOINT ROSS WALLACE Wallace of Burdick has been appointed receiver the Farmers State bank in Osage City by Johnson, state receiver. Mr. Wallace formerly cashier the Farmers State at Burdick and was mentioned the receiver of that institution. However, Falls man given the Burdick institution and Mr. Wallace has been sent to Osage He gan unraveling affairs of the Osage bank was capitalized at $25.000 and closed last