6228. United States Savings Bank (Topeka, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
September 1, 1891*
Location
Topeka, Kansas (39.048, -95.678)

Metadata

Model
gpt-5-mini
Short Digest
400c1bd5f3d573c4

Response Measures

None

Description

The articles describe the United States Savings Bank of Topeka as having failed in September 1891 and having a receiver (Major William Sims) handling liquidation and partial dividend payments in 1893. No contemporaneous bank run is mentioned. The bank remained closed and in receivership, so this is a suspension leading to permanent closure. 'Savings Bank' appears to be a state-chartered institution; if uncertain, 'unknown' could be used but evidence suggests state.

Events (3)
1. September 1, 1891* Receivership
Newspaper Excerpt
the United States Savings bank, which failed in September, 1891, announced that he was ready to make a 15 per cent payment to the 430 depositors. Major William Sims, receiver of the United States Savings bank, which failed in September, 1891, announced ... (Article 1).
Source
newspapers
2. March 24, 1893 Other
Newspaper Excerpt
TOPEKA, March 24.-Major William Sims, receiver of the United States Savings bank, which failed in September, 1891, announced that he was ready to make a 15 per cent payment to the 430 depositors. The receipts amount to $46,891.70, the disbursements to $37,101.09 and the cash on hand to $9,790.61.
Source
newspapers
3. December 21, 1893 Other
Newspaper Excerpt
TOPEKA, Kan, Dec. 21.-In the district court of this county Judge Hazen has made a decision that the assets of the defunct United States savings bank, of Topeka, are not subject to taxation. The receiver of the bank brought suit for an injunction ...
Source
newspapers

Newspaper Articles (2)
1. March 31, 1893 The Goodland Republic Goodland, KS
Article from The Goodland Republic, March 31, 1893

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Article Text

Money For Failed Bank Depositors. TOPEKA, March %4.-Major William Sims, receiver of the United States Savings bank, which failed in September, 1891, announced that he was ready to make a 15 per cent payment to the 430 depositors. The receipts amount to $46,891. 70, the disbursements to $37,101.09 and the cash on hand to $9,790.61.

2. December 23, 1893 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, December 23, 1893

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Article Text

Not Subject to Taxation. TOPEKA. Kan, Dec. 21.-In the district court of this county Judge Hazen has made a decision that the assets of the defunctUnited States savings bank, of Topeka, are not subject to taxation. The receiver of the bank brought suit for an injunction to restrain the collection of the tax assessed this year, which Judge Hazen allowed on the ground that while the st ck of the bank is subject to taxation, it would be unjust to assess both the stock and the assets.