6157. Bank of Santa Fe (Santa Fe, KS)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
March 1, 1894*
Location
Santa Fe, Kansas

Metadata

Model
gpt-5-mini
Short Digest
6ea489b2040c83c3

Response Measures

None

Description

Article 1 (Wichita Eagle, 1894-03-04) describes a run on the Bank of Santa Fe caused by defendants' false representations, forged drafts and a posted placard that reduced deposits to about $500. No article here describes a suspension, reopening, or permanent closure of this bank. Article 2 (1900) lists a court docket item mentioning a 'Receiver of Bank of Santa Fe,' which could indicate a receivership at a different time or a different Bank of Santa Fe; the docket entry gives no context or location to confirm it's the same Santa Fe, KS bank, so I did not treat it as evidence of suspension/closure. OCR/copy errors corrected where obvious.

Events (1)

1. March 1, 1894* Run
Cause
Rumor Or Misinformation
Cause Details
Defendants allegedly used false representations, forged sight drafts and posted a large placard/protest to imply the bank was in trouble, triggering heavy withdrawals.
Random Run
Yes
Random Run Snippet
false representations, forged drafts and placard caused a run
Newspaper Excerpt
by these means caused a run on the Bank of Santa Fe so that its net deposits fell from several thousand dollars to about $500 in a few weeks.
Source
newspapers

Newspaper Articles (2)

Article from The Wichita Daily Eagle, March 4, 1894

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Article Text

# NOT FOR JOE. Special to the Eagle. GARDEN CITY, Kan. March 2, 1894.-The jury in the case of the bank of Santa Fe vs. Joseph Rosenthal et al in the district court of Finney county, this morning returned a verdict against Rosenthal, Wadsworth, Kern, and the Haskell County Bank for the sum of $7000 damages. This case has been tried once before and was appealed to the supreme court and by it reversed and sent back for another trial. The reversal was granted by the supreme court on account of a misjoinder of causes of action; the alleged damages the plaintiff claimed on account of the formation and execution of a conspiracy by the defendants to injure the plaintiff's business and to run it out of business, and in the petition alleged that the defendants had procured a certain amount of plaintiff's cash by means of false representation and forged sight drafts, and had through the same means obtained a $2000 certificate of deposit and caused it to be protested after the Bank of Santa Fe discovered the fraud and caused a huge placard or copy of the certificate and protest to be made out and hung up in a public place in the Haskell county bank, and by these means caused a run on the Bank of Santa Fe so that its net deposits fell from several thousand dollars to about $500 in a few weeks. In the verdict as shown by the special findings, the jury assessed $1,000 as punitory damages which, with the money obtained, attorneys fees and expenses incurred, amounted to $7,000. The case was brought here on a charge of venue from Haskell county. The prosecution was conducted by County Attorney Mason and Senator Brown, and the defense by Judge Hoskinson and Rosenthal himself, and the trial continued nine days. The jury was composed of Democrats Populists and Republicans. The defendants will appeal to the supreme court.


Article from The Topeka State Journal, June 16, 1900

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Article Text

etc., Montgomery county, affirmed. William Smith vs. L. W. Wallace et al, Woodson county, affirmed. # CENTRAL DIVISION. The State of Kansas vs. Henry Arn- stein, Butler county, petition for rehear- ing denied. G. F. Lackey vs. Mary D. Wilson, Re- no county, motion to dismiss overruled. Western Union Telegraph company vs. Getto-McClung Boot and Shoe com- pany, Sedgwick county, affirmed. J. B. Nipp vs. Fred Bower, Cowley county, affirmed. J. R. Harris vs. Allen Bell, petition for rehearing denied. Margaret E. Rees vs. M. H. Higgins, Butler county, reversed. Fleming vs. Ayerst Co., of Chicago, vs. J. E. Evans et al., partners, Lyon county, reversed. M. M. Scott and E. F. Bliss vs. M. A. Brown, Cowley county, dismissed. # WESTERN DIVISION. Phoenix Insurance company vs. Mar- ion Smith, Marion county, affirmed. A. L. Davis vs. J. H. Burr, Seward county, writ of mandamus granted. Wm. Scully vs. Robt. Smith, petition for rehearing denied. S. F. Soden vs. L. W. Roth, Lyon county, affirmed. J. G. Hutchinson vs. Francis Yahn, Lyon county, reversed. W. H. Mackey, J. E. Clemens vs. W. H. Wyckoff, Lyon county, affirmed. Ridenour-Baker Grocer company vs. Maud Perkins, Lyon county, affirmed. John O'Laughlin vs. Sallie H. Carr, petition for rehearing denied. Aultman Taylor & Co. vs. Tudor vs. Donnell, petition denied. Hattie M. Osborn et al vs. A. Russell, etc., writ of mandamus denied. Receiver of Bank of Santa Fe vs. County Treasurer of Morton county, per- emptory writ awarded. The Phoenix Insurance Co. of Brook- lyn, N. Y., vs. Marion Smith, Marion county, affirmed.