6504. State Bank (Buffalo, KS)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
March 19, 1930
Location
Buffalo, Kansas (37.710, -95.697)

Metadata

Model
gpt-5-mini
Short Digest
2c26d11d

Response Measures

None

Description

The State Bank of Buffalo was ordered suspended by the state banking department effective about March 19, 1930 (Article 1). It then reopened after reorganization (Article 2). No run is described in the articles; suspension appears to be by government action and the bank reorganized and resumed business.

Events (2)
1. March 19, 1930 Suspension
Cause
Government Action
Cause Details
State banking department announced the bank suspended business (regulatory action).
Newspaper Excerpt
the state banking department. The banks State Bank Buffalo, Buffalo, in Wilson county ... suspended business last week was announced the state banking department.
Source
newspapers
2. April 2, 1930 Reopening
Newspaper Excerpt
The State Bank of Buffalo opened its doors for business Wednesday morning of last week, after being closed since March 19. During the time it was closed a complete reorganization was effected and new officers named.
Source
newspapers

Newspaper Articles (2)
1. March 20, 1930 Blackwell Journal-Tribune Blackwell, OK
Article from Blackwell Journal-Tribune, March 20, 1930

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Article Text

Texas Negroes Are Held For Assault LIBERTY, Texas, March being held jail here last night Tom Buckner and Robert Johnson, negroes, were spirited away to an unannounced destination today Feeling reported running high because of an leged attack by one of the negroes upon Mrs. Ramiro Rodizey yesternear Goose creek Rodizey and his were enroute from Dallas when encountered the negroes Rodizey was robbed and forced away from the car. He returned to find his wife-semiconscious negroes were caught* and brought here for keeping. They to given preliminary trial today. Buckner charged with crimassault, robbers firearms and vagrancy Johnson was charged with robbery with firearms and TOPEKA, March two state one headed president of the Commercial Nasuspended business last week was announced the state banking department. The banks State Bank Buffalo, Buffalo, in Wilson county and the Commercial State bank Cawker Kans. Gernsey was president of the Buffalo bank.

2. April 10, 1930 Madison News Madison, KS
Article from Madison News, April 10, 1930

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Article Text

BUFFALO BANK RE-OPENS Complete Reorganization of Institution Is Effected. The State Bank of Buffalo opened its doors for business Wednesday morning of last week, after being closed since March 19. During the time it was closed a complete reorganization was effected and new officers named. The capital and surplus of the bank were increased $15,000. Depositors did not lose because of week. the closing, but stockholders took the loss and then interested other capital at Buffalo in re-establishing the bank. C. L. Sutherland is the new president of the bank. Other new officers are: W. A. McCain, vice president; M. F. Gerkin, cashier, and Arthur E. Hicks, assistant cashier.