gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e61136924cf7a632
Response Measures
None
Description
OCR errors in articles (e.g., 'Seranton' = Scranton) corrected.
Events (1)
1.August 1, 1927Receivership
Newspaper Excerpt
Depositors of the ... Scranton State Bank ... after the cashier's tied ... dividend about percent will wind the estate.
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.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
