Fidelity State Bank - Chanute, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 1, 1928*
Location: Chanute, Kansas (37.679, -95.457)

Metadata

Model: gpt-5-mini
Short Digest: 5cca2ee3

Response Measures

None

Description

Article (Parsons Daily Sun, 1928-03-09) states Parks Helmick is receiver for the 'failed Fidelity State bank at Chanute' and will advertise outstanding notes for sale as the last step in closing the bank's affairs. There is no mention of a depositor run; the bank is in receivership and being wound up, so classified as suspension_closure. Date of article used for event dating; exact suspension date not given in text.

Events (3)

1. March 1, 1928* Suspension

Cause Details: Article reports bank as 'failed' and in receivership; no cause given in text
Newspaper Excerpt: Parks Helmick, receiver for the failed Fidelity State bank at Chanute, will advertise the outstanding notes to be sold
Source: newspapers

2. March 9, 1928 Other

Newspaper Excerpt: Within a few months, Parks Helmick ... will advertise the outstanding notes to be sold to the highest bidder at auction. This is the last step in closing up the affairs of the defunct bank.
Source: newspapers

3. March 9, 1928 Receivership

Newspaper Excerpt: Parks Helmick, receiver for the failed Fidelity State bank at Chanute, will advertise the outstanding notes to be sold to the highest bidder at auction. This is the last step in closing up the affairs of the defunct bank, the receiver having collected all that seems possible without added expense.
Source: newspapers

Newspaper Articles (1)

1. March 9, 1928 The Parsons Daily Sun Parsons, KS

Article from The Parsons Daily Sun, March 9, 1928

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Article Text

lett have returned home after a short business trip to Parsons. Mr. and Mrs. W. E. Smith of Dudley, who visited with friends in the city for a brief time have returned home. a teacher in the Burlington high school. John Dunlavy, retired farmer, died Monday at Ottawa. He was 57 years old and is survived by his wife. Judge and Mrs. E. S. Estes of Caney yesterday observed their sixty-first wedding anniversary. Mr. and Mrs. O. W. Olson and son, Jesse Olson of Chanute were called to Lawrence Saturday by the critical illness of their son and brother, Everett L. Olson, a student at Kansas university. He was operated on for acute appendicitis and for several days little hope was held out for his recovery, but he is now improved. George Howke of Chanute died of stroke of paralysis yesterday in his home as he was sitting in a chair reading and smoking. He was 59 years old and was born in Chanute. The body of Dr. S. R. Swan, who died Denver, Colo., was buried Thursday at Burlington. A sister, Mrs. M. J. Prather, lives there. The contract for graveling three miles east of Gridley on the Burlington-Gridley road was awarded to E. L. Powers of Gridley by the board of Coffey county commissionrs Monday afternoon at $4,136.94. A raid at Mildred by members of the Allen county force Monday night netted the top of still and an empty jug. No other arrests were made. Within a few months, Parks Helmick, receiver for the failed Fidelity State bank at Chanute, will advertise the outstanding notes to be sold to the highest bidder at auction. This is the last step in closing up the affairs of the defunct bank, the receiver having collected all that seems possible without added expense. Contract for the construction of the new Santa Fe freight and passenger station at Pittsburg has been let to the Lungren and Carlson Construction company of To-