6489. Beattie State Bank (Beattie, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 18, 1932
Location
Beattie, Kansas (39.861, -96.420)

Metadata

Model
gpt-5-mini
Short Digest
b0034cd5

Response Measures

None

Description

Bank failed to open in mid-April 1932, a receiver was appointed (notice gives appointment date April 18, 1932). Newspapers report 'depleted resources' and that irregularities were/weren't found; no contemporaneous run described. Cashier Otis V. Lohmuller disappeared and was found dead April 22, 1932.

Events (3)

1. April 18, 1932 Receivership
Newspaper Excerpt
The Receiver of the Beattie State Bank was appointed April 18, 1932. HAS. W. JOHNSON, Receiver
Source
newspapers
2. April 18, 1932 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed to open and officials cited depleted resources (insufficient funds); state inspector/receiver took charge.
Newspaper Excerpt
The Beattie bank failed to open last Monday. K. Thomas of Beattie is in charge of the bank as receiver. He and other officials said no irregularities had been found and that depleted resources caused the closing.
Source
newspapers
3. April 22, 1932 Other
Newspaper Excerpt
The body of Otis V. Lohmuller, missing cashier of the closed Beattie State Bank, was found in motor car in pasture... A garden hose had been attached to the motor exhaust... The Beattie bank failed to open last Monday. The cashier had disappeared Sunday.
Source
newspapers

Newspaper Articles (12)

Article from Council Grove Republican, April 22, 1932

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Article Text

Missing Since Saturday His Body was Found in Car Near Frankfort Frankfort, Apr. body of Otis Lohmuller, cashier of the closed Beattie State bank in Marshall county, found in motor car in pasture today den hose had been attached to the motor and the free end carried into the tightly closed where The Beattie bank failed to open Monday for business. Lohmuller had left town and daughter opened the bank Monday morning but clined deposits has been in charge of Thomas, sistant cashier, as receiver He and other officials said that irregularities had been found and that "depleted resources' caused its closing. Lohmuller survived by widow and three daughters. The Beattie bank family affair the officers being Lohmuller, president; president; and Lohmuller, cashier.


Article from Marshall County News, April 22, 1932

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Article Text

Short Resources Cause of Closing of Beattie Bank (Continued from page nearby larger cities she replied: but it's SO hard to know where look. You see we don't have any leads. He just left and we don't know where he went." Questioned as to what theory the family has for Lohmuller's Mary returned: can't figure out unless he had breakdown or was on the verge of And further than that the family knows nothing, but hoping that Lohmuller will return. The residents of the town feel the same way. They want to see again the man they have loved, honored and respected for more than half century. Miss Lohmuller said that since she not have key to the front door of the bank Monday morning she had use key to the rear one. After gaining in the rear door she secured key to the front door of the bank inside the building. When her father did not show after she opened the bank she naturally became worried and summoned officials of the institution. few hours later the bank was closed. Citizens of the town did not show any great alarm, for they felt that there was nothing wrong the manipulation of the bank's business. "You know," confided one citizen yesterday, "money getting so scarce and banks have gone broke so many that just took it as matter of course of events.' No Run on Bank B. Heeney, cashier the First National bank across the street, said yesterday that business at that institution had gone along without "riffle." When several persons were asked they thought Lohmuller would return some replied that they believe he will and others think he may never come back. The majority think that Lohmuller will return, because he has nothing for which to account, but another citizen put really believe that he should have stayed, but guess he knew his busi- Schnelder Saw Him Last George Schneider of the Schneider Clothing company is believed to be the last person who saw Lohmuller before he left town at 11:45 o'clock. The two men were getting their Sunday mail and Schneider said that Otis acted the "same usual. After the men got their mail Schneider saw Lohmuller get in his and drive main street. That was the west on last he saw of him. know that time is correct," said Schneider, "because looked my watch. was about train time." Oscar Schwarz, of the Standard Filling station and garage, in which Lohmuller has kept his car for the past six also Lohmuller few before noon. Schwarz said that Lohmuller came to the drove out his had rage, car, in the radiator, and drove water put south. believed that he drove from there to the post office where he was seen by Schneider At the time the bank was closed the were said to be $70,000. Of deposits this amount of the name of Marshall county. Oakley, county treasurer, said yesterday that this amount covered by of $3,000. This bond really bond $1,000 bonds, one an Arkansas three City, Kas., issue bearing four per cent, issue of Kas., second 4.5 cent, and the third, bearing per also for $1,000 an issue of Lakin, Kas., bearing 4.5 per cent interest. The bank's December 31 statement the state banking department listed $25,000; surplus, $2,500; capital, $85,349; loans, $93,849, and deposits, total assets, $118,359. The bank, described as familyorganized in 1906 with owned, was Lohmuller, president, and Lohmuller, cashier. Mrs. Otis Lohmuller is now Besides his wife and daughter, Mary, Lohmuller also has two other daughMrs. Frank Schulte, Cincinters, and Mrs. E. White, nati, Ohio., Beattie.


Article from St. Joseph News-Press, April 22, 1932

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Article Text

Continued Two. FIND BANKER'S BODY Otis V. Lohmuller of Beattie, Ends Life in Motor Car. Cashier of Failed Bank Had Been Missing Since Sunday Irregularities Found. budy the closed Beatpasture here today. had haust and carried into the closed was motor license documents on the body. Road workmen had noticed the pasture about 300 Sunday, but today. The Beattie failed cashier Friday. ously had disappeared planation his did muller had the bank opened and highrespected. family has prominent in Marshall County for Thomas of Beattie charge bank receiver. other said irregularities had been found and "depleted caused the closing. Lohmuller survived by his wife and three daughters. The coroner other officials Marysville were here investigate the cashdeath.


Article from The Kansas City Star, April 22, 1932

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Article Text

BANKER'S BODY IS FOUND BEATTIE KAS., CASHIER ENDS LIFE IN HIS CAR. Wait Hopefully for O. V. Lohmuller's Return to Save Depository. By The OWN Service.) FRANKFORT, KAS., April 22-The body of Otis V. Lohmuller. missing cashier of the closed Beattie State Bank was found in motor car on one of the Lohmuller farms, one-half mile south of here today. Road workmen. several times since Sunday, had noticed a Chevrolet car standing in pasture about 300 yards from the highway. Today they investigated and found the body. garden hose had been attached to the motor exhaust and carried into the closed car. The circumstances indicated death had been caused by monoxide gas and that it was suicide. The body was in such condition that identification was difficult, but the car numbers and license documents, combined with part identification by persons who knew Lohmuller, caused officials to conclude the body was that of the missing banker. NO IRREGULARITIES ARE FOUND K. Thomas, Beattie, is in charge of the bank as receiver. He and other officials said today no irregularities had been found; that "depleted resources" were the cause of the closing. Lohmuller is survived by his and three daughters. The coroner and other officials from Marysville, the county seat, arrived here today to conduct an investigation. Lohmuller had been cashier since the bank was opened in 1907 and was highly respected. His disappearance failed to shake the confidence in his integrity of most persons the com munity. His friends predicted "everything will be all right when Otis returns" and one of the officials investigating the bank's affairs had intimated might be reopened Lohmuller returned "within a reasonable Donning an old suit of clothes Lohmuller climbed into his car just after noon Sunday and drove away without telling anyone where he was His daughter, Miss Mary Lohmuller who had been working with him in the bank, opened the doors Monday morning, but she did not transACT any business. MYSTERY IN HIS TRIPS. Informed of the situation, member of the board notified the state bank commissioner. who assigned T J. Rhodes. an assistant, to investigate. Lohmuller's eccentricities were recalled by many after he dropped out Often he had departed on trips before without taking anybody into his confidence. even memhers of his family. On such occasions the bank would continue to operate Lohmuller was regarded as one of the shrewdest bankers in this section of the state and the impression has preerable vailed that he was a man of considwealth. The bank has been largely famBy-owned institution. was organized in 1907. Mrs. Lohmuller occupies the office of president. Deposits in the bank totaled $70,000 when i commissioner. was taken over by the deputy Beattie is in the section of Kansas which was stirred in 1920 by the failtire of the Hanover State Bank. which was wrecked by its president, August Jaedicke Beattie and Hanover in adjoining counties. Jaedicke fled from Hanover, leaving bank shortage aggregating $175,000 and personal shortages which carried the total to more than % million dollars. After wide search, he was captured at Shreveport. for La., returned to Kansas trial and sentenced from one to pars on each of three counts of


Article from The Parsons Sun, April 22, 1932

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Article Text

Body of Missing Kansas Banker Is Found in Car Kas., April body muller, missing cashier the closed Beattie State bank, found motor pasture south today. garden been attached and carried the tification motor the body. Road workmen had noticed the in the pasture about from road since Sunday, but Beattie bank failed open last Monday. casheir had appeared viously had disappeared without explanation for his absence this time did not cause alarm. Lohmuller been cashier since the bank opened 1906 highly respected. His family been prominent in Marshall county Thomas, Beattie, in the bank receiver. and officials said regularities been found "depleted resources" caused closing. Lohmuller is survived his by and three daughters. The officials investigate the cashier's death.


Article from Great Falls Tribune, April 23, 1932

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Missing Cashier Is Found Dead in Car FRANKFORT. Kan., April The body of Otis V. Lohmuller, missing cashier of the closed Beattie State bank. was found in motor car in pasture half mile south of here today. A garden hose had been attached to the motor exhaust and carried into the closed car. Identification was made by motor license documents on the body. The Beattie bank failed to open last Monday The cashier had disappeared Sunday. K. Thomas of Beattie is in charge of the bank as receiver. He and other officials said no irregularities had been found and that "depleted resources" caused the closing.


Article from Star-Herald, April 23, 1932

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Article Text

Kansas Bank Cashier Takes Life by Using Exhaust from Motor Frankfort, Kans., body of Otis Lohmuller, missing cashier of the closed Beattle State bank, was found motor car in pasture half mile south of here garden hose had been attached to the amotor exhaust and carried into the closed car. Identification made by motor license documents on the body The to open last Monday The cashier had disappeared Sunday Thomas of Beattle, is charge of the bank as receiver. He and other officials said no irregularitles had been found that pleted resources" caused the closing.


Article from The Axtell Standard, April 28, 1932

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BANKER'S BODY IS FOUND THE MANHATTAN PARADE Beattie, Kas., Cashier Ends Life in His Car Suicide is Discovered While Residents Wait Hopefully for 0. V. Lohmuller's Return to Save Depository Frankfort, Kas., April 22.-The body of Otis V. Lohmuller, missing cashier of the closed Beattie State Bank, was found in a motor car on one of the Lohmuller farms one-half mile south of here today. Road workmen, several times since Sunday, had noticed a Chevrolet car standing in a pasture about 300 yards from the highway. Today they investigated and found the body. A garden hose had been attached to the motor exhaust and carried into the closed car. The circumstances indicaed death had been caused by monoxide gas and that it was suicide. The body was in such condition that identification was difficult, but the car numbers and license documents, combined with part identification by persons who knew Lohmuller, caused officials to conclude the body was that of the missing banker. J. K. Thomas, Beattie, is in charge of the bank as receiver. He and other officials said today no irregularities had been found; that "depleted resources" were the cause of the closing. Lohmuller is survived by his widow and three daughters. The coroner and other officials from Marysville, the county seat, arrived here today to conduct an investigation. Lohmuller had been cashier since the bank was opened in 1907 and was highly respected. His disappearance failed to shake the confidence in his integrity of most persons in the community. His friends predicted "everything will be all right when Otis returns" and one of the officials investigating the bank's affairs had intimated it might be reopened if Lohmuller returned "within a reasonable time." Donning an old suit of clothes Lohmuller climbed into his car just after noon Sunday and drove away without telling anyone where he was going. His daughter, Miss Mary Lohmuller, who had been working with him in the bank, opened the doors Monday morning, but she did not transact any business. Informed of the situation, a member of the board notified the state bank commisioner, who assigned T. J. Rhodes, an assistant, to investigate. Lohmuller's eccentricities were recalled by many after he dropped out of sight. Often he had departed on trips before without taking anybody into his confidence, even members of his family. On such occasions the bank would continue to operate. Lohmuller was regarded as one of the shrewdest bankers in this section of the state and the impression has prevailed that he was a man of considerable wealth. The bank has been largely a family-owned institution. It was organized in 1907. Mrs. Lohmuller occupies the office of president. Deposits in the bank totaled $70,000 when it was taken over by the deputy commissioner.- C. Star, Friday, April 22. Featuring Smith and Dale With Winnie Lightner This Warner Bros. and Vitaphone Production Brings Genuine Entertainment and Fun Grand and glorious entertainment awaits the patrons of the Axtell Royal Theatre for this week end when Winnie Lightner, winsome screen star, with Smith and Dale, assisted by a cast of real notables, will appear in "The Manhattan Parade," a WarnerBros. and Vitaphone technicolor production. Smith and Dale, remembered for their joint clowning as members of the Avon Comedy Four, are off on a new track and are funnier than ever. Winnie plays the role of manager of a theatrical costuming company and has troubles galore with an eloping husband, failing business, balking customers, elephants, ostriches, a madman who poses as a genuis— all of which makes a story that must be seen -and heard to be appreciated. Added to this is a reel of cartoons, a reel of "Believe It Or Not," and a reel of Paramount news, forming a program replete with amusement, entertainment and instruction. The admission is 10 and 25c.


Article from The Weekly Wymorean, April 28, 1932

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CASHIER'S BODY The body of Otis Lohmuller missing cashier of the closed Beat tie (Kan.) State bank. was found In motorcar in pasture half mile south of Frankfort. Kan., Friday. garden hose had been attached to the motor exhaust and carled into the closed car. Road workmen had noticed the car since the previous Sunday. but did not investigate until The Beattie bank failed to open last Monday. The cashier had disappeared Saturday. but Lohmuller viously had disappeared without for few days his abplanation this time did not cause alary He had been cashier since the bank in 1906. Thomas of in charge of the bank as receiver. He and other officials said no Irregulari ties had been found and that deplet resources caused the closing.


Article from The Big Timber Pioneer, May 5, 1932

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Kansas Banker Ends Life After Failure FRANKFORT, Kan., April The body of Otis V. Lohmuller, missing cashier of the closed Beattie State bank, was found in motor car in pasture half a mile south of here today. A garden hose had been attached to the motor exhaust anti carried into the closed car. Identification was made by motor license documents on the body. The Beattle bank failed to open last Monday. The cashier had disappeared Sunday. Thomas of Beattle, is in charge of the bank as receiver. He and other officials said no irregularities had been found and that "depleted resources" caused the closing.


Article from The Beattie Journal, March 9, 1933

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NOTICE The statutes of Kansas prode that all claims of deposiPS and other creditors must filed with the Receiver with in one year after the date of is appointment, and if not so ed such claims shall be barred om participation in the estate ! such bank. The Receiver of ne Beattie State Bank was apointed April 18, 1932. HAS. W. JOHNSON, Receiver Ben Hill is feeling fairly well and is up and about the house a part of the time.


Article from The Beattie Journal, March 16, 1933

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NOTICE The statutes of Kansas provide that all claims of deposilors and other creditors must be filed with the Receiver with in one year after the date of his appointment, and if not so filed such claims shall be barred rom participation in the estate 1 such bank. The Receiver of 1e Beattie State Bank was apointed April 18, 1932. HAS. W. JOHNSON, Receiver