6519. Cawker City State Bank (Cawker City, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 21, 1891
Location
Cawker City, Kansas (39.513, -98.434)

Metadata

Model
gpt-5-mini
Short Digest
c47aaa6d

Response Measures

None

Description

Multiple contemporaneous newspaper dispatches (dated Jan. 21, 1891) report the Cawker City State Bank has failed and is in the hands of a receiver. No run or prior withdrawal event is described in these items; the bank is described as failed/placed in receivership.

Events (1)

1. January 21, 1891 Suspension
Cause
Government Action
Cause Details
Bank has failed and been placed in the hands of a receiver; liabilities and assets could not be ascertained.
Newspaper Excerpt
The Cawker City State bank has failed and is in the hands of a receiver. The liabilities and assets cannot be ascertained.
Source
newspapers

Newspaper Articles (10)

Article from The Roanoke Times, January 22, 1891

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Article Text

Four Banks in One Week. KANSAS CITY, Jan. 21.-[Special|-A special to the Star from Atchison, Kans., says: The Cawker City State Bank has failed, and is in the hands of a receiver. Liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week, and the fourth within a week.


Article from Asheville Daily Citizen, January 22, 1891

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Article Text

Four Kansas Banks Fail. ATCHINSON, Kas., Jan. 22.-The Cawker City State bank has failed and is in the hands of a receiver. Liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week and the fourth within a week.


Article from The Morning News, January 22, 1891

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CRASH OF THE BANKS. Four Go to the Wall Within a Month in a Kansas Town. KANSAS CITY, Mo., Jan. 21.-A special to the Star from Atchison, Kan., says: "The Cawker City State Bank has failed and is in the hands of a receiver. The liabilities and assets cannot be ascertained, This makes the third bank in Mitchell county that has failed this week and the fourth within a month."


Article from The Seattle Post-Intelligencer, January 22, 1891

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Article Text

MANY BUSINESS FAILURES. Two Big Ones in Montreal-Westinghouse Applies the Air-Brakes. MONTREAL, Jan. 21.--The firm of Gilmour, Lindsay & Co. had two demands for assignment made upon them today. Their total liabilities are $225,000. McLachian Bros. & Co., whose troubles were noted a few days ago, have assigned, with liabilities of $800,000. NEW YORK, Jan. 21.-The Equitable Insurance Company, because of small capital affairs. and unprontable business, will wind up its The Mound City Distillery Company has secured in New York attachments for $1,291 against Bamberger & Keanpfer, wine dealers, San Francisco. The Suffolk National bank, of Boston, hold a note for $5,000 against Higgins & Co., Brooklyn, N. Y., soap makers. The bank learns that the company has transferred, hence an attachment has been sued out. PITTSBURG. Jan. 21.-A letter from London states that Westinghouse has received $250,000 for airbrake patents from a London company. He is also to receive $30,000 a year to cover any airbrake inventions he may produce. It is the expectation here that Westinghouse will now rescue his electric company, which is in sad financial straits. OMAHA, Jan. 21.-For some unknown cause a run was made on the South Omaha branch of the Nebraska Savings and Exchange bank this afternoon. The bank was kept open till a late hour to pay all the depositors in full. President Miles says the bank is fully prepared to meet every obligation. ATCHISON, Jan. 21.-The Cawker City state bank has failed and is in the hands of a receiver. The liabilities and assets cannot be ascertained. CHICAGO, Jan. 21.-George M. Bogue was this morning appointed receiver of the Pacitic Railway Company, of Los Angeles. Cal., on complaint by judgment creditors. The bill sets forth that the company, which was organized in 1889 by C. B. Holmes, a well-known cable road man, and other capitalists with a capital of $25,000,000, is insolvent. It is stated as probable that the company will shortly be reorganized. A confession of judgment the other day for $1,628 on a note executed January 6, to Edward W. Russell by C. B. Holmes, is said to be the entering wedge in that direction. The Pacific railway is a cable road operated by C. B. Holmes. its president. Thestockholders are mostly Chicago men. Over $1,000,000 was raised in this city alone. Instead of being a paying investment the road has lost money from the start, and now its indebtedness is said to reach $500,000. The trouble seems to be that the investment was too heavy for the amount of business to be done. The recent judgment is said to be the first move by the Chicago stockholders to put the Pacific railway on a new basis. It is, "in fact, a preconcerted movement on the part of the creditors to obtain other judgments and have the road placed in the hands of a receiver. It is the intention to completely reorganize the company. It is said that the road is now earning $350,000 a year net, and that by cutting down expenses and running it on close business principles it can be made to pay, or at least clear expenses. There is a side issue in connection with this matter. A corporation known as the National Railway Company met yesterday. It is one of C. B. Holmes' street car syndicates, and it seems that some of the stock of its St. Louis lines was transferred to the Los Angeles road. The stockholders were inclined to trake a row about it, until explanations were made and a 7 per cent. dividend declared. KANSAS/CITY, Jan. 21.-While the run on the Kansas City Safe Deposit and Savings bank was continued this morning, the indications were that the end is near.


Article from Rock Island Daily Argus, January 22, 1891

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Article Text

Another Kansas Bank Failure. KANSAS CITY, Jan. 22-A special to The Star from Atchison, Kan., says: The Caw. ker City State bank has failed, and is in the hands of a receiver. The liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week, and the fourth within a week.


Article from Richmond Dispatch, January 22, 1891

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Article Text

Another Kausas Bank Defunct. 1By telegraph to the Dispatch.] KANSAS CITY, Mo., January 21.-A special to the Star from Atchison, Kan., says: The Cawker City State Bank has failed and is in the hands of a receiver. The liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week and the fourth within a week.


Article from The Salt Lake Herald, January 22, 1891

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Article Text

Cawker City State Bank Fails. ATCHISON, Jan. 21.-The Cawker City State bank has failed and IS in the hands of a receiver. The liabilities and assets cannot be ascertained.


Article from Pittsburg Dispatch, January 22, 1891

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Article Text

FOUR SUCCESSIVE BANK FAILURES. A Kansas County Evidently in a Bad Way Financially. ATCHISON, Jan. 21.-The Cawker City State Bank has failed, and is in the hands of a receiver. The liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week, and the fourth within a week.


Article from St. Paul Daily Globe, January 22, 1891

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Article Text

FINANCIAL REVERSES. Aftermath of the American National Bank Failure. ATCHISON, Kan., Jan. 21.-The Cawker City State bank has failed and is in the hands of a receiver. The liabilities and assets cannot be ascertained. This makes the third bank in Mitchell county that has failed this week, and the fourth within a week. NEW YORK, Jan. 21.-The property in this state of the American National Bank of Kansas City, Mo., has been attached by order of the supreme court in an action brought by the Bowery Savings bank to recover $429.


Article from The Indiana State Sentinel, January 28, 1891

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Article Text

Minor Occurrences of the Past Week Briefly Paragraphed For "The Weekly Sentinel"-Look Sharp or Miss Newsy Item. Arkansas re-elected Senator Jones. Senator Teller was formally re-elected. Forty miners were killed in a German mine. The Cawker City (Kas.) state bank has failed. The whole Brazilian ministry has resigned. Many people have frozen to death in Russia. Senator Squire of Washington was reelected. Senator Mitchell of Oregon was reelected. Kalakaua's funeral occurred at San Francisco. Artist Meissonier is seriously ill of bronchitis. Nine stores in Houstonia, Mo., burned; loss, $20,000. The Indian appropriation bill will call for $6,950,000. The Alabama legislature is almost solid for Cleveland. Isaac J. Leven, jeweler, Susquehanna, Pa., has failed. Dispatches say Chilian insurgents have seized Pisagua. The Chilian insurgents have things all their own way. There is no change in the Illinois senatorial situation. Senator Vest's re-election was perfected at Jefferson City. The house did nothing of importance at its meeting Saturday. A new and valuable oil strike has been made at Florence, Ala. Unknown parties skinned a cow alive in County Clare, Ireland. Louisiana's senate passed a bill making prize fighting a felony. R. A. Hunt & Co., dry goods, Toronto, Ont., failed for $20,000. Ground will be broken for the world's fair buildings Tuesday. An American whist congress will open at Milwaukee April 14. Pittsburg tile layers won their fight for the $4 maximum scale. The property of Ensign Futler of Chicago has been attached. Suits are to be begun against delinquent world's fair subscribers. A half block of stores at Hillsboro, N. D., burned; loss. $70,000. Koch's lymph has been tried on William A. Walter at St. Louis. Albert Trostle & Sons' tannery, Milwaukee, burned. Loss, $5 1,000. The labor conference at Washington formulated a plan of action. Parnell proposes to assert his authority as leader of the Irish party. No settlement has been reached in the Colorado legislative muddle. Lowden & Rutherford, carriage-makers, New York, failed for $50,000. The Wisconsin democratic legislators nominated Vilas for senator. Grover Cleveland contributes $25 to a colored school in Mississippi. Jim Hall of Austra ia, is coming to America to meet Fitzsimmons. Some interesting facts were brought out in the silver poolinvestigation. Distress, ari-ing from the severe winter, continues unabated in England. The Bank of England reduced its discount rate from 4 to 34 per cent. Hansbroughwas elected senator from North Dakota to succeed Pierce. John Baker treasurer of McDonald county. Missouri, is short $7,000. May 1 150,000 miners in the United States will strike for eight hours. E. M. Johnson's oatmeal mill at Mazeppa, Minn., burned; loss $100,000. Faulk, who killed his wife at Pittsburg, claims to have been hypnotized. The house has quieted down and the district appropriation bill passed. It is thought the Montana house struggle wil. be compro mised by Monday. Don Cameron was formally declared reelected senator from Pennsylvania. Floods are impending in New York and New England, caused by the thaw. The California senate finds the world's fair appropriation bill constitutional. E. G. Reed, of Salem, N. H., was murdered by his wife and her paramour. Mr. Westinghouse thinks he will be able to settle his financial difficulties. George Harris of Newbern, III., who is trying to suicide by starving, is dying. F. J. Frailick, dry goods, Hamilton, Ont., assigned, with $25,000 liabilities. Three men were badly injured by a premature blast in a mine at Marissa, III. Two unknown colored men blew out the gas in a Baltimore hotel and died. Three people were killed at fires and one beheaded by a train at Jersey City. An Iowa school teacher has caused a scandal by his intimacy with his pupils. The coroner's verdict is that the Duke of Bedford committed suicide by shooting. C. E. Pratt, a New York stock broker, shot and killed his self at Rahway, N. J.