6292. Wichita National Bank (Wichita, KS)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
2786
Charter Number
2786
Start Date
August 13, 1894
Location
Wichita, Kansas (37.692, -97.338)

Metadata

Model
gpt-5-mini
Short Digest
dae663d43a4c9921

Response Measures

Full suspension, Books examined

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1894-09-05
Date receivership terminated
1898-02-28
OCC cause of failure
Losses
Share of assets assessed as good
12.0%
Share of assets assessed as doubtful
75.1%
Share of assets assessed as worthless
12.9%

Description

Contemporary articles report a quiet run (begun after the failure of the State National bank), heavy withdrawals, and the Comptroller taking charge in mid-August 1894. Directors attempted to arrange resumption (announced Sept 1, 1894) but the bank subsequently came under a receiver (W. N. Ewing/Major Ewing), who declared dividends in 1895. Sequence: run → suspension (Comptroller control) → attempted resumption → receivership/closure. Cause of run is primarily contagion from other bank failures (local_banks) though local rumor/talk exacerbated withdrawals.

Events (6)

1. September 29, 1882 Chartered
Source
historical_nic
2. August 13, 1894 Suspension
Cause
Local Banks
Cause Details
Heavy drain of deposits due to runs (contagion from other bank failures and persistent rumors) left the bank unable to meet payments; Comptroller took charge.
Newspaper Excerpt
Suspended Bank. Wichita, Kas., Aug. 13.-The Wichita National bank ... went into the hands of the comptroller of the currency this morning.
Source
newspapers
3. August 14, 1894 Run
Cause
Local Banks
Cause Details
Withdrawals and loss of deposits began after the failure of the State National bank and contagion runs on local Wichita banks; also local 'talk' and slander accelerated the drain.
Measures
Bank officers sought outside assistance; president went to Kansas City to arrange help; directors later negotiated agreements with depositors to enable resumption.
Newspaper Excerpt
The failure of the Wichita National bank is directly due to a quiet run begun upon the bank in common with other Wichita banks immediately after the failure of the State National bank last May.
Source
newspapers
4. September 1, 1894 Reopening
Newspaper Excerpt
Able to Resume Business, WICHITA, Kan., Aug. 21.-The directors of the lately suspended Wichita National bank announced that they have been able to make such arrangements with their depositors as will enable them to reopen the institution Sept. 1 . . . successfully resume business . . . . (announced reopening Sept. 1). (article dated Aug. 21). (OCR corrected).
Source
newspapers
5. September 5, 1894 Receivership
Source
historical_nic
6. January 16, 1895 Receivership
Newspaper Excerpt
TREASURY department, office of the Comptroller Currency, Washington, D. C., January 16, 1895.-Notice is hereby given to all persons who may have claims against The Wichita National bank of Wichita. Kansas, the same must be presented to W. N. Ewing, receiver, ... James H. Eckels, comptroller of the currency. (notice Jan. 16, 1895).
Source
newspapers

Newspaper Articles (21)

Article from Santa Fe Daily New Mexican, August 13, 1894

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Suspended Bank. Wichita, Kas., Aug. 13.-The Wichita National bank, the oldest banking instilution in the southwest, went into the hands of the comptroller of the currency this morning. The deposits amounted to above $260,000; capital stock and surplus aggregated $300,000; President W. W. Levy is in Kansas City having gone there last night to see if an arrangement could not be made to tide over the difficulty and to-day the closed doors told the story of his failure. The cashier said: "Ibelieve the suspension will only be temporary and even if the bank is closed for good we can pay all our debts if we collect 35 cents on the dollar of what is due us."


Article from The Wilmington Daily Republican, August 14, 1894

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A Hansas Bank Suspends. WICHITA, Kan., Aug. 14.-The Wichita National bank of this city suspended payments yesterday. The excitement is intense, and runs have commenced on the other banks, but it is believed that they are in good condition and able to stand the demands that may be made upon them. The Wichira National is the oldest and largest banking institution in this part of Kansas.


Article from San Antonio Daily Light, August 14, 1894

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- TELEGRAPHIC BREVITIES. d S Territory election row results in t several being shot. S Freight rates on Texas hay and n grain to Ohio river points, adopted. The Callaghan delegation of d Bexar is seated at Dallas. Hogg will make straight fight f on the silver question. Reagan's caucus of 500 goes for 16 to 1 silver and no compromise. There was no caucus last night by the McCall men. Culberson has 17 out of the 31 senatorial districts coralled. Wichita National, of Kansas, suspends. No figures given. President Beacom, of Kingfisher bank, I. T., suicides. Karnes City authorities cut off supply of free water troughs. German merchant, forger, arrested as he lands at New York. Fredericksburg schools open September 3. Laredo bullfights turn out very tame affairs this season. Landa's oil mill, New Braunfels, starts up Wednesday. Verastegui's half brother has challenged Romero. Mexican thieves jailed for stealing American grave stones. Eight negroes poisoned by arsenic water at Orange church. W.K. Ball kills Elmo Rump at Merit, near Greenville. House dismisses conferees on tariff by a vote of 182 to 105. The victory of the Senate in tariff differences is complete. Wilson expresses his disappointment over the outcome of the tariff conference. The usual crookedness reported in the Territory; highway and postoffice robberies. The Culberson caucus at Dallas is attended by 1,000 and is very enthusiastic. Dallas county delegates caucus on platform and instruct for a compromise. It is conceded at Dallas that the Cleveland men have captured the convention. Culberson's and Reagan's caucus agree on Fleming, of San Antonio for temporary chairman. Williamson county is threatened with more cotton than can be picked. The caucusses are not united as to the two-third rule at Dallas and will leave that matter to the convention.


Article from The Topeka State Journal, August 14, 1894

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NEWS OF KANSAS. Particulars in Regard to the Wichita Bank Failure. Haskell Indians to Go Into Camp at Bismarck. OTHER STATE NEWS. A Farmer Nominated forCounty Attorney by Chase Populists. WICHITA, Aug. 14-The failure of the Wichita National bank is directly due to a qulet run begun upon the bank in common with other Wichita banks immediately after the failure of the State National bank last May. The deposits which at one time amounted to $1,700,000 have steadily decreased for the past six years until at the close of business last Saturday night they amounted to only $140,000. Mr. C. A. Walker, the cashier of the bank, said: "The action of the board of county commissioners together with 100 able bodied liars, is responsible for the notice upon our door. "We have opened our doors every morning for 22 years and now our epitaph can be written in these few words, 'talked to death." Mr. Walker said that the poor crop prospect and general depression of values in consequence had seriously affected the banking interest throughout the entire west, but he expressed himself as of the opinion that the other banks in this city were in good shape to withstand a run. The general opinion seems to be that the blow will be very hard on Wichita. Many small merchants will be greatly embarrassed and the result cannot be estimated. The effect will be equally disastrous in the smaller towns in the southwest that had exchange deposited here. Some of these will be closed in consequence.


Article from The Wichita Daily Eagle, August 16, 1894

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WASHINGTON, Aug. 15.-Never before in the case of a Kansas bank failure has there been such a scramble for the receivership, as that now in progress over the Wichita National bank. This is in the face of the fact, too, that no receiver is likely to be appointed. There is a disposition at the office of the comntroller of the currency to allow the bank to resume business, provided the management is able to comply with the usual conditions. It was stated today that a comparison of the statements offered for May 4 and July 18 show that the decrease in deposits had probably caused the break, and, this being the situation, it is looked upon as being favorable for the resumption of business. But this fact does not appear to be known in Kansas, for the wires are kept busy with ap lications for the receivership. Senator Martin of Kansas says he has received a large number of applications from men from one end of the state to the other. The first applicatfon received at the office of the comptroller of the currency was C. G. Crandle of Medicine Lopge. An. other man who wants the place is George W. Robinson of Winfield. John Eaton of the same town has also expressed the same desire. George Pitts of Wellington was one of the first to have his application on file. The last one to apply today was David Dale of Wichita and if any receiver, is appointed, it is said his chances are good. Bank Examiner Ewing of Kansas has been sent to Wichita to look after the bank and until he reports the condition of the bank at the time of suspension it will not be decided whether a receiver will be appointed or not.


Article from The Goodland Republic, August 17, 1894

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BIG BANK FAILURE. The Wichita National Forced to Close Its Doors. WICHITA, Kan., Aug. 14.-The Wichita National bank, the oldest in Southwest Kansas, failed to open its doors this morning and a notice was posted up that the comptroller had taken charge at the close of business Saturday. The deposits amounted to about $260,000 and the capital stock and surplus aggregate $300,000. President M. W. Levy is in Kansas Ctiy, having gone there last night tq see if arrangements could not b1 made to tide over the trouble, but the closed doors this morning told th story of his failure to secure help. C. A. Walker, cashier of the bank, says: "The responsibility for the suspension can be charged to the county commissioners and a hundred able-bodied liars who have talked the bank to death. Irresponsible people have been attacking the stability of the institution for three weeks, and there has been a constant and heavy drain on us during that time. The county commissioners, among others, list ned to the stories afloat and checked out $46,000 without giving us any notice. I believe the suspension is only temporary, and even if the bank is closed for good we can pay all our debts if we collect thirty-five cents on the dollar of what is due us." The demands on the other banks will probably be heavy, but it is believed that all of them are prepared to protect themselves, for all have been reorganized since the boom and their condition is first class. The small depositors have, however, taken fright.


Article from The Diamond Drill, August 18, 1894

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steps were taken to evict striking tenants who were behind in their rent. Five thousand persons would be affected. MADELINE POLLARD, who achieved notoriety through her suit against Congressman Breckinridge, is to go on the stage, and will make her debut in Chicago. STRONG pressure was being brought to bear on the Wisconsin board of health to quarantine Milwaukee because of smallpox. SCHEDULES in the assignment of Goodwin & Swift, of New York, show nominal assets of $1,307,404 and actual assets of but $105. JENNIE FINCH, stolen from Grand Rapids, Mich., eighteen years ago by gypsies, has been returned to her surviving relatives. THE Washington-Denver bicycle riders reached Denver thirty-three hours and twenty minutes ahead of schedule time. Ex-Gov. ST. JOHN, of Kansas, declared in an address at Prohibition Park, L. I., thatthere was a Tammany ring in every city and hamlet in the country. P. L. COOK, a Stuartsville. O., saloonkeeper, was beaten to death with an iron rod by masked robbers. MAJ. CHARLES WORTH, of the regular army, will be court-martialed for compelling a private to labor on Sunday THREE young men, who had been wrecked on a reef in Long Island sound, were recued by Grace Marr and her sister at the peril of their lives. JULIANA LANDOWSKI, a girl of 17, committed suicide by drowning in Lake Como, Minn., because her mother had scolded and whipped her for running away from home. THREE boys, Frank Burns, William Slattery and Matthew Slattery, were drowned while swimming in Bloody Run, near Norwood, O. THOMAS GARNER, 101 years old, died at Oakdale, Minn. He was born in Ireland and came to the United States fifty years ago. A CYCLONE passed over North Madison, O., devastating forests, orchards, growing crops, etc. FOUR workmen were crushed to death near Sheridan, Wyo., under fifteen or twenty tons of rock which rolled upon them after a blast had been exploded. L. W. BRAINARD shot and killed his wife at Vicksburg, Mich., and then killed himself. Domestic trouble was said to be the cause. MRS. MARY J. SHIRK, one of the wealthiest women in the west, died at her home in Peru, Ind. She was said to be worth $6,000,000. THE Wichita (Kan.) national bank, the oldest banking institution in the southwest, has suspended payment by order of the comptroller of the currency. FEARING starvation Mrs. Adolph Max drowned herself and two children, aged 5 and 1 year, at Lyons. In. WHIRLIGIG lowered the race record for 3-year-old pacers to 2:10 at Terre Haute, Ind., and paced three heats in average time of 2:111 J. W. DEACON, president of the bank at Watonga, O. T., committed suicide because the concern's affairs had been inextricably involved by his son. WHILE racing on a country road near Warka, Kan., Fletcher Morris was killed and his sister fatally injured by the overturning of their buggy. THE works of the United Salt company were entirely destroyed by fire at Cleveland, O., the loss being $150,000. MISS OABY RARIDAN, 18 years old, disappointed in love, committed suicide by poison at Wayretown, Ind. EIGHTY-EIGHT Coxeyites sent to jail by the Maryland authorities were put to work on the public roads. WOMAN suffragists commemorated the 75th anniversary of the birth of Lucy Stone at a meeting in the Woman's temple, Chicago. JACKSON and Corbett met in New York, and the colored man still refusing to fight in the south the match was declared off. THE government crop bulletin says corn has been irretrievably injured by drought in Nebraska, Iowa, South Dakota and Kansas. THE corner stone of the Salvation Army national headquarters building was laid at New York. The building and ground cost $325,000. AT Hazleton, Pa., George Kohlick accused his wife of infidelity, when she secured a butcher knife and plunged it three times into his body, killing him instantly


Article from The Wichita Daily Eagle, August 19, 1894

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From the Mt. Hope Menton. A Wichita woman says she has looked under the bed fora man every night for twentyseven years and has never found one, till one night the burglars really did come and she found her husband under it. From the Ponco City Courier. Mrs. Lease has written a book with the surgestive caption: "A Compound Man." Mr. Lease is a Wichita druggist, and she wishes to advertise his business. Prescrip. tions carefully compounded! From the Alva Republican. Wichita ways was a hog. She now claims that her old Bill Mathewson was the original "Buffalo Bill." We think that "Tariff Bill" takes the title. It has buffaloed more people than either Mathewson or Cody, From the Topeka Capital. A Vichita girl named Miss Lelia Hardin Bugg has written a novel which sails under the title of ' Orchids." More, it has been published. Still more. it is strictly in the literary swim because sociology is the underlying theme. From the Ha stead Independent. The Wichita National bank, the pride of the people of that town, was forced tosuspend Monday. Halstead parties carried a line of deposits there. It is said that depositors can be paid in full and that the bank will open up again in a few weeks. From the Et Dorado Republican. M. W. Levy's Wichita National bank failed to open Its doors Mon ay morning and is In the hands of the government. This Is one of the oldest national banks in the state. Mr. Levy, the president, is one of the best all around men in Kansas and everybody will be sorry that he is in trouble. From the Clay Center Times. The First National bank, of Wichita, closed its doors Monday. It was one of the oldest banks in the Arkansas valley. M. W. Levy, its president, was treasurer of the old North and South railroad which was never built, but which finally because the Rock Island as constructed through this county. From the Pembody Graphic. A man was found sitting on the steps of the Sedgwick block in Wichita last week entirely bereft of reason. The only way to account for his insanity is that he is some mesmerist who hypnotized the public mind of the Peerless Princess some years ago and then at this late day sought to break the spell. From the Arkansas City Travier. The reason assigned by the officers of the Wichita National bank for the failure of that institution, which has long been regarded us one of the strongest banks in the southwest. shou cause men to stop and think of the great damage that can be done any line of business by lying and slander. This community has suffered sorely by open and unfounded charges. By an investigation of the local situation we learn that none of the ba ks of this city will be affected in the least by the failure reported above. From the Klowa Review. The Wichita National bank closed Its doors Monday. For some time certain parties have been lying about It and finally started a run. For twent wo years the n lehita National has stood like a wall of granite for Wichita and her interests and was one of the soundest moneyed institutions in the world. It would have been better for all concerned if they had stood by the bank and not forced it to the wall. Fools with money should keep it out of the banks If they listen to reports started by men who have no money. We hope the suspension is only temporary. From the Eureka Messenger. The Wichita Nat onal bank. of Wichita. Kansas, was talked to death recently People began to whisper that the bank was not in good conditio and a report of that kind travels night and day. The Wichita National had $600,000 of deposits but they melted gradually away under the influence of bad talk, until last Monday morning. the bank was compelled to close for lack of ready cash although its asset* greatly exceed the Habilities. Th re ought to be a law to punish the busybodies whose wagging tongues wreek important Institutions and bring distress to hundreds of persons.


Article from Pine Bluff Daily Graphic, August 21, 1894

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Able to Resume Business, WICHITA, Kan.. Aug. 21.-The directors of the lately suspended Wichita National bank announced that they have been able to make such arrangements with their depositors as will enable them to reopen the institution Sept. 1. Bank Examiner Ewing has satisfied himself of the ability of the bank to meets its obligations handsuccessfully resame business.


Article from The Farmers' Union, August 30, 1894

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NATIONAL LEAGUE. Per Per W. L. cent. W. L. cent. .510 66 34 .16 Pittsburgs.51 49 Boston .633 55 46 .453 Chicago Baltimore..62 36 55 .444 Cincinnati.44 .624 New York. 63 38 60 .42 St. Louis .412 .563 42 Phil'delp'ia54 .327 Washingt'n33 68 .516 44 Cievelands.53 Louisville..32 .820 .615 68 48 Brooklyns..51 WESTERN LEAGUE. Per Per W. L. cent. W. L. cent. 51 .480 .602 39 Indi'n'p'lis.47 Sioux City.59 .469 52 43 .006 Grd Rapids46 Kansas C'y56 .559 52 Detroits .429 42 56 41 Toledo .552 Milwaukee.32 43 210 62 Minne'p'lis53 FINANCIAL AND INDUSTRIAL -Some of the lines in the east-bound pool, which have fallen behind their agreed percentages. are evening up by shading rates on high-class traffic. -Both east and west-bound shipments are now heavier than last year, and it is believed. notwithstanding poor crops, will so continue. -A consolidation of the various organizations of railroad men is advocated by President Debs of the A. R. U., who offers to resign If the officers of other orders will do likewise. -The Wichita National Bank will reopen its doors. -Five thousand hungry and determined Poles and Bohemians gathered at the Rock Island crossing and Archer avenue. Chicago, Tuesday morning and demanded work. "Give us work or bread!" was their cry. and armed with picks and shovels they looked as If they would fight for the privilege of working. Superintendent Drake. who has charge of the preliminary work for the elevation of the track, said he needed but a fe v men and could do nothing for the crowd which had gathered, He telephoned for the police and Lieutenant Barrett with twenty-five police came hurriedly to the rescue. The police charged the crowd and drove it back without violence. The men were nearly all ignorant and could not understand that the railroad company had no work for them. -Vessel-men are trying hard to force an advance in grain freights. One lot of 40,000 bushels of wheat was on the Chicago market without takers at 1½ cents for Buffalo. A large carrier is being held for 1½ cents on corn. but without takers. -The Nonpareil Printing and Publishinz Company, at Council Bluffs. has been placed In the hands of a receiver. -The Western Electric Company. of Baltimore, has sold its plant and patents to the Fort Wayne Electric Company. -The Purcell Envelope Company. which has the contract for supplying the Federal Government with $3,000,000 worth of stamped envelopes, has decided to abandon Albany and manufacture at Holyoke, Mass. -After an/idleness of over a year. the Thomas furnace at Niles. Ohio, one of the largest iron concerns in the Mahoning Valley, will resume operations -The Wagner Palace Car Company filed in the New York Railroad Commissioner's office their annual report. which shows gross earnings of $4,263,259.06; expenses, 823. 702 15.


Article from Baxter Springs News, September 1, 1894

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Baby Drowned. NEVADA, Mo., Aug. 30.-The 13 months-old daughter of William Hulse fell into a boiler of water at Stotsbury, a small hamlet fourteer miles northwest of here. yesterday atternoon and was drowned. In Cleveland, o., the convention of the Independent Polish Catholics, which was to open Monday, has been postponed. Brazil is keeping her warships in Rio harbor for fearof further trouble. The king of Corea has ordered his troops to fight with Japan against China. Joseph Balls, colored, of Emporia, the oldest man in Kansas, is dead. He was 114 years old. Postmaster Heed of Albion, Idaho, is short in his accounts $2,700; cause, supposed to be gambling. The lately suspended Wichita National bank will resume business again about September 1.


Article from The Wichita Daily Eagle, September 22, 1894

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The bank WOD a victory yesterday. Judge Williams rendered a verdict in the United States court which is of great value, not only to the depositors of the Wichita National bank. but to the citizens of this city as well. The decision insures the recovery of $24,000 by the bank which was heretofore placed among the doubtful assets. The case was brought by Ottenberger Bros., against the Wichita National bank to set aside a mortgage given by Corner, Farnum & Co., to the bank previous to the assignment of the firm. The plaintiffs claim that the mortgage was of no value, as it bore the same date of the assignment, and bence the bank could not be considered as even preferred creditors, and for these alleged reasons they asked that the mortgage be set aside. At the time of the failure of the spice mills of Corner, Farnum & Co., the firm were indebted to the bank in the sum of $24,000; this they secured by giving the bank a chattle mortgage on all the goods and chattels of the firm. When the assignment became known Ottenberger Bros., brought an injunction suit in the United States district court restraining the bank from disposing of the property secured by the mortgage, and this was the case decided yesterday. The judge held that the mortgage was valid and the bank could recover, and the remaining creditors would have to take what was left of the assets of the firm to pay their claims. As a result of the suit the receiver, W. S. Corbett, could not realize from the property of the firm and the restraining order of the court prevented the bank from disposing of the property. By the decision the bank mortgage will be satisfied first and the business of the late firm will be speedily settled. There was great rejoicing among the bank officials and their friends yesterday over the decision. Mr. Walker was seen at the bank and said: "The decision is of great value to us and I believe will enable us to resume. Heretofore this claim was placed among our doubtful assets, and we could not estimate what would be our portion, if the mortgage was set aside and we had to take our pro rata with the rest of the creditors. By the decision our claim will be paid first and I believe it will enable us to resume at an early date. If the creditors of the bank could only view the condition in its true light, and see their own interest we could resume in a few days. As it is a portion have signed the contract. whilea large number have failed to do so. It appears they have an idea that by holding out they can come in and draw their full amount as soon as we open. Now this is the very thing we cannot do, as under the national banking law, and by instruction of the comptroller ot the currency there can be no preferred creditors. If the depositors would consult their own interest they would readly see that all must come in upon equal footing. By resuming we would be able to collect our assets much more rapidly and all could be paid at a much earlier date than made in hen the agreement. President Levy seen said: "The disposition of this case removes the principal uncertainity hanging over the future of the bank. All that is now necessary is the signing of contracts by creditors, who by holding out are endeavoring to secure an advantage of other depositors. This, the officials of the bank will under no circumstance permit to be done. All will and must share alike; no advantage has ever been given in the past and the same course will be pursued in the present effort in the direction of resumption."


Article from The Wichita Daily Eagle, October 12, 1894

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FEW STILL REMAIN WHO HAVE FAILED TO SIGN WICHITA NATIONAL AGREEMENT Time for Action is Short and the Remaining Depositors Must Sign or a Permanent Receiver Will be Appointed-Mr. Walker's Statement With Reference to Resumption: The Wichita National bank has now secured over 90 per cent of the depositors who have signified their desire that the bank shall resume. There are 10 per cent remaining who have failed to comply with the conditions stipulated by the comptrol. ler of currency. The proviso given by the department at Washington is finally and in full keeping with the plans always adhered to by the officials of the band, i. e. to treat all alike, there shall be no favorites and all must stgnd on the same footing. That the assets of the bank are fully ample to pay every cent of indebtedness there is no question; that they are able to make payments at an early date than a receiver could possibly make is the natural conclusion of all; that by placing the business of the Wichita National bank in the hands of a receiver can but prove to the detriment of all the depositors. With this view of the matter why is is that the stipulated conditions are not complied with? It is customary when a firm iu business fails that the creditors meet and settle the matter by taking their pro ratio of the assets. In this case the assets are thrice the liabilities. The honesty of the men who have had the management of the institution is questioned by no thorough business man. That the proposition to resume is a sure and safe one to each depositor is not questioned. This being the case in question why cannot the bank resume and pay off the 10 per cent of the depositors who have failed to sign? With these propositions in mind a rep. resentative called on Mr. Walker yesterday and asked as to the probability of the bank resuming, to which Mr. Walker said: "Yes, over 90 per cent of the depositors have signed the agreement which puts all on an equal footing. This is indeed very flattering to us, but we are expecting daily to receive a notice from the department for a final settlement. When this comes we will obey. Yes, we could assume the amount of the claims yet outstanding, but this would be making preferred creditors of those who have held back as against our friends. The time is very short, and it will certainly not be to the interest of the depositors to have the assets sacrificed for the purpose of paying a large amount of extra and unnecessary cost of a receiver and an attorney. Should the few men who are still holding out come forward and sign the agreement, we would resume business in a few days. The whole question now remains with the action of those who have not signed. This is not a case where the majority rules."


Article from The Wichita Daily Eagle, December 16, 1894

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I will pay cash for claims against the Wichita National bank. Parties holding receivers' certificates call on me. 15-tf EDWARD VAIL.


Article from The Wichita Daily Eagle, December 23, 1894

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I will pay cash for claims against the Wichita National bank. Parties holding receivers' certificates call on me. 15-tf EDWARD VAIL


Article from The Wichita Daily Eagle, December 25, 1894

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I will pay cash for claims against the Wichita National bank. Parties holding receivers' certificates call on me. 15-tf EDWARD VAIL.


Article from The Wichita Daily Eagle, January 11, 1895

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CITY IN BRIEF. C. A. Kiger S back east visiting and buying merchandise. Miss May Vandervoort of Wellington, is visiting friends in the city. Luther Burns went to Anthony yesterday on business of a legal nature. The Rochester Brewing company is building a cold storage room on East Douglas. Frank Dyer of Dover, O. T., was on the streets yesterday with a wagon load of peanuts. The excavation is being made for the new Polk building north of the Occidental hotel. George Sendlebock whose illness was reported several days ago is now slowly improving. The intermission today in the public schools will be but one hour, by order of the Superintendent of schools. The officials of the Wichita street railway company are unanimous in the opinion that bicycls are a detriment to business. Hon. James Allison is in Topeka using his influence to secure the establishment of a branch normal school in this city. Harry Hoover was arrested last night by officer Sutton on a warrant sworn out by Hattie Long, charged with statutory rape. The Sedgwick County bank officials report a decided increase in their business since moving into the old Wichita National quarters. The suspended Wichita National bank has been moved up stairs over its former location in the front rooms formerly occupied by Mr. Niederlander. Charlie Cochran of Kansas City, has terminated his visit with his brother, Cecil, in this city and is making a short visit with his parents in Enid, O. T. The entire city street force is now layed off because of the cold weather. The street commissioner says that twenty-eight men will probably be put to work as soon as the frost is out of the ground. The masquerade given by the elite of the Wichita colored society at the A. O. U. W. hall was a grand success. There were a number of expensive and comical costumes and all seemed to have a pleasant time. The Second Regiment Band is greatly pleased with the uniforms which arrived in the city yesterday. The boys had been expecting them for several weeks and had about decided that they would not receive them. The Kansas News company closed house to attend Major Cole's meeting. This was the first time the house has been closed during business hours in six years, Sunday or week day. This caused C. E. Barwise to remark that evidence is daily accumulating that the end of the world is near at hand. There was quite a little excitement on East Douglas yesterday morning. Some one had accidentally dropped a cartridge in the street and a wagon going over it discharged it. The report went out that the explosion was caused by a pistol and that a man had ben murdered and soon there was quite a crowd of people in the vicinity. The local sports have made arrangements for a boxing tournament some time next week. There are already two entries for the light weight championship of the state. Ten entries in all have been received by the management One heavy weight four round bout will be pulled off also a middle weight bout and three light weight bouts. The Rev. John F. von Herlich, rector of St. John's church is at the Bancroft House, corner Twenty-first and Broadway, New York, where he will remain for the next two weeks. Mr. von Herlich reports great success in his work in the east. Sunday evening last he preached to a large audience in St. Ann's church. corner Eighteenth street and Fifth avenue. He will very likely return abont February 1st, to his work in Wichita.


Article from The Wichita Daily Eagle, January 17, 1895

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MISCELLANEOUS. TREASURY department, office of the Comptroller Currency, Washington, D. C., January 16, 18%.-Notice is hereby given to all persons who may have claims against "The Wichita National bank of Wichita." Kansas, the same must be presented to W. N. Ewing, receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. James H. Eckels, comptroller of the curd53. rency. A CASH BUYER for a nice cottage and 50 ft of ground between Douglas ave and Tenth st., on Lawrence, Topeka or Emporia.. Come quick. Burwell, Kerfoot & d52 3t*. Zimmerman. RINTING OFFICE FOR `ALE. A COMPLETE P newspaper office with brevier, nonpareil, long primer, and advertising type sufficient for a six column quarto all home print, two imposing stones gaileys, galley stand. dump, cases, chases, mailer and type, lamps table chairs and a lot of cuts, can be had at a bargain. Address E. L. M care of the 48 If EAGLE. FOR RENT-A first-class furnished hotel in a booming city. Call at office of d50 6t*. H. G. Lee, 220 E. Douglas. ASQUE SUITS FOR RENT-FACES AT wholesale. Mary E. Palmer, 210 N Main, M with MANDOLINS OF 405 E Douglas. 150tt


Article from The Wichita Daily Eagle, May 18, 1895

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GET THIRTY PER CENT. eceiver of Wichita National Declares a Dividend to Depositors. Major Ewing receiver of the Wichita National bank has received orders from the comptroller of the curency to declare a dividend of 30 per cent in deposits and in accordance with the order the receiver has issued the following circular letter: To Creditors of the Wichita National Bank: A dividend of 30 per cent having been declared by the comptroller of the currency, the same will be paid to the creditors of the bank upon presentation of receiver's certificates at the office of the receiver at the southeast corner of Main street and Douglas avenue. For the convenience of the creditors, those whose names are included in lists from A to L, inclusive, will be paid on Tuesday the 21st. inst. and those on lists rom M to Z on Wednesday the 22d Creditors not presenting certificates on the days mentioned will be paid at any time thereafter. W. N. EWING, Receiver. The depositors in the suspended Wich Ita National have been expecting a dividend but few of them expected it to be as large as 30 per cent. This is certainly a good showing considering the short time allowed to make collections. It is reported that some of the deposItors sold their claims for 50 per cent and some of them will now more than likely conclude that the men who bought them are the lucky parties. - Major Ewing has lost no time in working for the interest the depositors and it is understood that he has made several settlements in the way of clearing up titles to real estate on which the bank had claims that will very materially enhance the value of the bank's assets. Major Ewing occupied the position of United States bank examiner before he was appointed receiver of the Wichita National and was thoroughly posted in regard to the standing of the bank and he has claimed from the start that with proper management the Wichita National could be made to pay nearly if not quite 100 per cent on all claims against it. The money to be paid out to depositors in this first payment of dividend will amount to something over $65,000 and will be a help to the community as the principal part of the claims are held by home people.


Article from The Wichita Daily Eagle, August 23, 1895

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MARRIED AT ARKSAS CITY. Walter Wilcox Joins the Benedicts and Gets a Fair Bride. Mr. Walter E. Wilcox, well known in this city, being connected with the Wichita National bank after it went in- to the hands of a receiver, and Miss Emma Earlougher were married at Ar- kansas City, Wednesday evening, and of the event the Traveler speaks as fol- lows: "Last evening at Trinity church at 8 o'clock by Arch-Deacon C. T. Brady, Mr. Walter E. Wilcox was married to Miss Emma Earlougher. The wedding was a fashionable one, most of the elite of the city being present, and Trinity church was fairly crowded. For the oc- casion the church was beautifully deco- rated with flowers and was a veritable fairyland. Precisely at 8 o'clock Mr. W. A. Stevens commenced the playing of the wedding march and at the prop- er moment the bridal party marched in and took their positions in front of the officiating minister. Little Miss Helen Topliff, of this city, and Adaline Kee- baugh of St. Louis, strewed the path way with flowers and they did it to per- fection. Mr. Julius F. Behrend was groomsman and Miss Katherine Ear- lougher, sister of the bride, was brides- maid. In pronouncing the marriage nuptials, the beautiful and impressive double ring ceremony was observed and in a few moments Walter E. Wilcox and Miss Emma Earlougher were pro- nounced man and wife, after which the bridal party repaired from the church to the home of the bride on West Fifth avenue where an elegant reception was tendered to some fifty of the most inti- mates friends, who offered their heart- iest well wishes for future hapiness. The occasion was an extremely joyous one and pleasant memories of it will al- ways be retained by those who partici- pated. The banquet served was de- licious beyond comparison and the evening was happily spent in the pres- ence of Mr. and Mrs. Wilcox. It was at a late hour that the guests departed after again extending congratulations. The groom wore the usual dress suit and the bride was exquisitely attired in a white dress of rich materials with or- naments appropriate for the occasion. The groom is an Englishman by birth but years ago he located here and has since proven himself to be a model gen- tleman and citizen in every respect. He is now a trusted and valued employe of the Home National bank. The bride is the daughter of Mrs. Earlougher, who has resided here for many years with her happy family. None are more respected or admired. The bride her- self is one of the rarest jewels that can be found in society's cluster and possesses the many womanly traits that go to make a man a good wife and a happy home. She is handsome and attractive, possesses an even and lov- ing disposition, very modest in her de- meanor and a lady of many fine attain- ments. She has shown herself to be a lovable daughter and will make the same kind of a wife. Mr. and Mrs. Wil- cox possess the firm friendship of all ac- quaintances and the very large number of costly wdding gifts which they re- ceived fully attest this. No couple wedded in this city ever displayed a larger and richer list of presents than Mr. and Mrs. Wilcox. A couple so hap- pily mated can not refrain from having a bright future. To Mr. and Mrs. Wil- cox the Traveler offers its most hearty congratulations, wishing them joys un- limited. This morning they left for a three weeks' sojourn in Colorado where they will visit Denver and other cities. Upon their return they will reside in elegantly furnished rooms over the Farmers' National bank." "THE curious thing about my business," said the mosquito, alighting softly upon the nose of the sleeping victim, "is that it's more fun to go to work than it is to stay to hun." HE'D witnessed baseball, and was sane! Seen football teams kick off: But died from softening of the brain Brought on by games of golf. -N. Y. Sun.


Article from The Wichita Daily Eagle, September 27, 1896

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WILLPAY DIVIDEND CHECKS HERE FOR WICHITA NATIONAL BANK DEPOSITORS. There Will be Paid Out Tomorrow by Receiver and Twenty-Five Thousand Dellars Will Go Into Immediate Circulation in This City-Ten Per Cent is the Dividend Declared-Receiver Also Completed Settlement With Niederlander by Which All His Property was Cleared of Encumbrance and Turned In, Yesterday Major Ewing, receiver for the Wichita National bank, received a great big pile of checks from the treasury department. The checks were sent him to pay the dividend recently declared for the depositors. The checks will be paid out tomororw by Major Ewing and the money will go into circulation imemdiately and,w ith the enormous amount of money left here during the state fair, will go a long ways towards giving a better tone to business. To be sure the dividends, on the aggregate will not amount to more than $25,000% but that amount of money, as it changes hands eight or ten times, will add quite a good deal to the life of trade. It is money that will be brought into circulation without exchanging any thing for it; it will be that much added to the capital of the city. It will be a dollar and a quarter per capita and that after all is no small thing. Major Ewing was feeling good last night, not alone over the dividend but over the fact, as well, that he had secured a complete and satisfactory settlement of the Neidelander obligations to the bank. This is a matter that gave Major Ewing a great deal of concern, and he worked very hard and very long to bring about an amicable settlement which, at last, was consummated out of court. The receiver, by the settlement, -gets all of Mr. Neiderlander's property in Wichlita, including a farm and the old and new Neiderlander residences. He not only got them, but Mr. Neiderlander first paid off the mortgages and other liens and when the bank got them it got them with a good title and bur 8 dened in no way whatever. The property in its original value was about three times more than the debt but of course is values have shrunk a great deal. A conservative stimate at this time puts the actual value of the property epual to the amount of the debt. At any rate, Major Ewing is well satisfied with the 3 settlement.