State Bank - Paxico, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 3, 1931
Location: Paxico, Kansas (39.069, -96.166)

Metadata

Model: gpt-5-mini
Short Digest: 8f8e4a4f1c8a1195

Response Measures

None

Description

OCR-corrected references: article refers to the Paxico State Bank and its receiver paying a 20% dividend. The item reports a receiver distributing dividends, indicating the bank had previously failed/suspended and is in receivership (closed permanently). No mention of a depositor run in the text.

Events (1)

1. June 3, 1931 Receivership

Newspaper Excerpt: Topeka, June Johnstate bank receiver, will pay dividend of 20 per cent today ... Paxico state ... depositors of the Paxico state ... payment will be made
Source: newspapers

Newspaper Articles (1)

1. 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.