Articles (Aug 1, 1927) report the Scranton State Bank as a defunct/failed institution under the state receiver, with dividend payments to depositors scheduled in August. No mention of a contemporaneous run or temporary suspension/reopening; the bank is in receivership (permanently closed). Text contains OCR errors (e.g., 'Seranton' = Scranton).
Events (1)
1.August 1, 1927Receivership
Newspaper Excerpt
Depositors of the ... Scranton State Bank ... will be paid ... under the receivership August ... depositors ... will get only one-half of their money
Source
newspapers
Newspaper Articles (2)
1.August 1, 1927The Emporia GazetteEmporia, KS
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Article Text
Three Defunct Banks To Pay Dividends to Depositors in August
Aug. will paid depositors three defunct banks this month, Charles Johnson, state receiver, announced today. Depositors the Roanoke State bank Kansas will receive August their first distribution the assets. amount20 of the total per cent dividend August depositors the Scranton State bank Seranwhose failure. after the cashier's tied Later. dividend of about cent wind the estate. from which the get only of money. The State bank Linwood make its first dis bursement under the August checks representing of the deposits will be mailed to the depositors.
Defunct Banks to Pay Dividends in August
Topeka Aug dends will be paid to depositors three defunct state banks this month Charles Johnson. state bank receiver. announced today Depositors of the Roanoke State Bank of Kansas City, Kan., will their first distributhe assets. amounting to cent of posits. An per cent dividend will be August 10 depositors of the paid Scranton State Bank at Seranton, after cashier's tied Later. dividend about percent will wind up the estate, from which the will get only one-half of their money The Linwood State Bank of Linwood will make its first ment under the receivership August 20. when representing onethe deposits will be paid to the depositors.
