6545. Peoples National Bank (Clay Center, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3345
Charter Number
3345
Start Date
January 6, 1910
Location
Clay Center, Kansas (39.381, -97.127)

Metadata

Model
gpt-5-mini
Short Digest
e72e1f1e

Response Measures

None

Description

Newspaper reports (Jan 6–7, 1910) state that The People's National bank of Clay Center, Kan., has absorbed the business of the Citizens' State bank of the same place. No run is mentioned; the bank's business was taken over (absorption), indicating a closure/transfer rather than a depositor run. Classified as suspension_closure with cause voluntary_liquidation/absorption.

Events (2)

1. May 26, 1885 Chartered
Source
historical_nic
2. January 6, 1910 Suspension
Cause
Voluntary Liquidation
Cause Details
Business of Citizens' State Bank was absorbed/taken over by the People's National Bank of Clay Center (merger/absorption).
Newspaper Excerpt
The People's National bank of Clay Center, Kan., has absorbed the business of the Citizens' State bank of the same place.
Source
newspapers

Newspaper Articles (2)

Article from Morgan County Republican, January 6, 1910

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Article Text

The Kansas City Southern railroad has announced a rate of a fare and a half for the implement men's conven. tion at Kansas City January 11, 12 and 13. The Ohio river is freezing from Pittsburg to Cairo and navigation has been suspended. S. M. Jordan in an address before the farmers' me ng at Columbia, Mo., said that the resent exorbitant prices for farm products was likely to produce unfavorable conditions for farmers. The People's National bank of Clay Center, Kan., has absorbed the business of the Citizens' State bank of the same place. Eleven ships went down in the destructive storm which raged for nearly a week on the North Atlantic coast. Sixty-five lives were lost and great general damage resulted. The annual meeting of the Kansas State Bar association will be held at Topeka January 27 and 28. The usual banquet will occur on the evening of the 28th. Haskell Institute at Lawrence. Kan., valued at $750,000 is to be offered to Kansas by the National government for a day trade school. It will not be required as an Indian school much longer. A young man who lives near Tacoma, Wash., is said to have perfected a flying machine in which he circled the summit of Mount Rainer and alighted on the rim of the crater of the mountain at an elevation of 15,000 feet and then sailed off again over the snowfields The Kansas State Music Teachers' Association held its annual meeting at Wichita. All the street car lines of Chicago have been consolidated into one company Three thousand poor people were furnished with Christmas dinners by the Salvation Army at Kansas City. A runaway freight train on the Great Northren after a wild run of four miles crashed through the bag. gage room of the St. Paul depot, the engine passing through the walls and falling into the basement. Forty cars were piled up in the depot shed. The Western Retail Vehicle and Implement Dealers' association will hold its 24th annual convention at Kansas City January 10. It is expected that 4,000 persons will attend. The tallest Christmas tree in the world was a feature of the celebration at Pasadena, Cal., where a pine tree standing in a mantle of snow on a mountain top was dressed in tinsel and gorgeous trimmings. Around its base were stacked gifts. Ralph Everline of Garnett, Kan., was killed in a rallroad accident in Texas. The republicans of the Sixth Missouri district have nominated P. S. Griffith as their candidate to fill the place made vacent by the death of Congressman DeArmond. A fire that started in the Tabernacle In East Des Moines, la, swept through the block and caused $60,000 damage.


Article from The Chanute Times, January 7, 1910

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Article Text

The Kansas City Southern railroad has announced a rate of a fare and a half for the implement men's convention at Kansas City January 11, 12 and 13. The Ohio river is freezing from Pittsburg to Cairo and navigation has been suspended. S. M. Jordan in an address before the farmers' meeting at Columbia, Mo., said that the present exorbitant prices for farm products was likely to produce unfavorable conditions for farmers. The People's National bank of Clay Center, Kan., has absorbed the business of the Citizens' State bank of the same place. Eleven ships went down in the destructive storm which raged for nearly a week on the North Atlantic coast. Sixty-five lives were lost and great general damage resulted. The annual meeting of the Kansas State Bar association will be held at Topeka January 27 and 28. The usual banquet will occur on the evening of the 28th. Haskell Institute at Lawrence, Kan., valued at $750,000 is to be offered to Kansas by the National government for a day trade school. It will not be required as an Indian school much longer. A young man who lives near Tacoma, Wash., is said to have perfected a flying machine in which he circled the summit of Mount Rainer and alighted on the rim of the crater of the mountain at an elevation of 15,000 feet and then sailed off again over the snowfields. The Kansas State Music Teachers' Association held its annual meeting at Wichita. All the street car lines of Chicago have been consolidated into one company. Three thousand poor people were furnished with Christmas dinners by the Salvation Army at Kansas City, A runaway freight train on the Great Northren after a wild run of four miles crashed through the baggage room of the St. Paul depot, the engine passing through the walls and falling into the basement. Forty cars were piled up in the depot shed. The Western Retail Vehicle and Implement Dealers' association will hold its 24th annual convention at Kansas City January 10. It is expected that 4,000 persons will attend. The tallest Christmas tree in the world was a feature of the celebration at Pasadena, Cal., where a pine tree standing in a mantle of snow on a mountain top was dressed in tinsel and gorgeous trimmings. Around its base were stacked gifts. Ralph Everline of Garnett, Kan., was killed in a railroad accident in Texas. The republicans of the Sixth Missouri district have nominated P. S. Griffith as their candidate to fill the place made vacent by the death of Congressman DeArmond. A fire that started in the Tabernacle in East Des Moines, Ia., swept throug the block and caused $60,000 damage