Burlington State Bank - Burlington, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 12, 1930
Location: Burlington, Kansas (38.194, -95.743)

Metadata

Model: gpt-5-mini
Short Digest: 65b3ac7e

Response Measures

None

Description

Article reports payments to depositors (partial distributions, with a final payment scheduled), indicating the bank is in liquidation/closed and returning assets to depositors. No run is mentioned. I classify this as a suspension/closure (liquidation).

Events (2)

1. December 12, 1930 Other

Newspaper Excerpt: 6 per cent will be paid to the Burlington bank, making a total of 86 per cent, and on Dec. 30 a final payment of 7 per cent will be paid depositors of the Emmett bank.
Source: newspapers

2. * Suspension

Cause: Voluntary Liquidation
Cause Details: Partial distributions to depositors (86% paid with an additional 6% to be paid), indicating liquidation of the bank and winding up of deposits
Newspaper Excerpt: 6 per cent will be paid to the Burlington bank, making a total of 86 per cent
Source: newspapers

Newspaper Articles (1)

1. December 12, 1930 Council Grove Republican Council Grove, KS

Article from Council Grove Republican, December 12, 1930

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Article Text

6 per cent will be paid to the Burlington bank, making a total of 86 per cent, and on Dec. 30 a final payment of 7 per cent will be paid depositors of the Emmett bank. Mr. and Mrs. Harry Roberts and Mrs. T. A. Rob/ts of Alta Vista were in Council Grove shopping this afternoon.