6592. Merchants Bank (Ellis, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 22, 1894
Location
Ellis, Kansas (38.938, -99.561)

Metadata

Model
gpt-5-mini
Short Digest
918fac43

Response Measures

None

Description

Multiple newspapers (Jan 25-27, 1894) report the Merchants Bank of Ellis, Kansas closed its doors and went into voluntary liquidation. State Bank Commissioner Breidenthal was sent for/took control. No run is mentioned; this is a voluntary liquidation suspension leading to permanent closure/receivership.

Events (1)

1. January 22, 1894 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank closed its doors and went into voluntary liquidation; assets ample to cover liabilities; State Bank Commissioner called to take control.
Newspaper Excerpt
The Merchants Bank of Ellis, Kan., closed its doors and went into voluntary liquidation. The assets are ample to cover the liabilities ... State Bank Commissioner Breidenthal has been sent for to take control.
Source
newspapers

Newspaper Articles (4)

Article from The Farmers' Union, January 25, 1894

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# FINANCIAL AND INDUSTRIAL -The Merchants Bank of Eilis. Kan., closed its doors Monday and went into voluntary liquidation. The asses are ample to cover the liabilities of $65,000. State Bank Commissioner Breidenthal has been sent for to take control. -The strike at the Charleroi plate-glass works at Pittsburg has developed trouble that may result in violence and bloodshed. Monday a party of nonunion men were taken to the works and assigned to the packing department. The strikers regarded this as the beginning of an arrangement to fill the works with nonunion men, and accosted a party of the new men, to induce them not to help break the strike. There was a row, in which several shots were fired, but nobody was hit. The strikers insist that the nonunion workmen did the shooting. The sheriff and three deputies arrived during the afternoon, and eight arrests Here made. Tuesday morning those arrested were released on bail in $300 each for trial at court. The indications are that trouble will follow. -The Wood Harvester Company was victorious in its suit against the Esterly concern for infringement of patent. -Judgment for nearly $200.000 was confessed by the Ohio Valley Road in favor of the Chesapeake, Obio and Southwestern. -Executions aggregating $18,000 were issued against George A. Ruth & Co., Philadelphia, dealers in chinaware. -R. G. Dan & Co.'s Weekly Review of Trade says: Lusiness has distinctly improved since the new year came, and the gain is no longer visible only in speculative markets. It is the only kind of improvement that has in it possibilities of lasting, because it is based upon actuail increase in the production of industries. As all rejoice to see it, there is perhaps a little disposition to reckon the gain greater than it is as yet, but several large establishments have started part force hoping to increase, and more smaller works have started than have stopped. Orders from dealers whose stocks approach exhaustion form a prominent cause; another is the widely prevalent impression that action at Washington will be more satisfactory than many have expected; and a belief that in any case the situation will not be changed until goods now iu the works can be marketed has weight in some trades. Whatever the causes even a moderate gain is most cheering.


Article from Wood County Reporter, January 25, 1894

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other attorneys. Trustees of the Lewis estate have abandoned the site selected for a polytechnic institute, Chicago, and are lookfor another. Business reverses drove W. F. Beaumont, of Chicago, to suicide. His body was found in the lake at the foot of Forty-second street, The business of the defunct Anderson Piano company, of Rockford, III., was purchased by the Century Plano company. of Minneapolis, who will employ fifty men at once. More than two hundred delegates are attending the fifth annual meeting of the Western Retail Implement and Vehicle Dealers' association at Kansas City, Mo. Electricians of the northwest met in convention at Milwaukee and listento the reading of papers on technisubjects. Exports during December exceeded imports by $43,295,061, acocrding to the corrected figures of the bureau of statistics. The orders first given for the United States steamship Lancaster to return home from China around the cape of Good Hope have been changed SO as to allow her to come through the Suez canal. The Merchants bank of Ellis, Kan., closed its doors and went into voluntary liquidation. The assets are amto cover the liabilities of $65,000. The plant of the Columbus, Ind., Republican has been sold by Isaac T. Brown who founded it twenty-one years ago, to Sidney Haigh and Mose Cochran, of Madison, for $9,000. Henry Bowen, an Adrian, Mich., ice dealer, blacked seventy-six pairs of boots on a challenge and gave the receipts to charity. Mrs. Sarah M. Jones, widow of George Jones, one of the founders of the New York Times, died in New York city, aged 83. Frank Ives has posted $500 forfeit to play any man in the world a five six night match at 14-inch balk-line billiards for any part of $10,000, anchor barred. the match to take place New York city within 30 days. Judge Dugro of the supreme court New York granted an order dissolving the George R. Bidwell cycle company of New York city and Hartford, Conn., and making the temporary receiver, Theron G. Strong, permanent receiver. In the United States circuit court at New York Judge Lacombe gave a decision in the case of the Farmers' loan and trust company against the Hoffman house, remanding the case back to the supreme court of the state of New York. The board of trustees of the Brookhomeopathic hospital and training school for nurses at Brooklyn, N. Y., elected an entire new hospital staff of eight members, dismissing every one of the 14 members of the old staff. About a year ago there was trouble in the hospital. The nurses talked a good deal. One of the nurses who had been discharged and didn't get her diploma, brought suit. Then a scandal came This has finally resulted in the change. Obituary: At Lansing, Mich., ColoGeorge P. Sanford, aged fifty-nine. -At Burlington, Iowa, John Franz, aged seventy.-At Elkhart, Ind., Willam D. Middleton.-At Austin, Texas, Judge H. Burts.-At Mexico, Mo., Bethnel Eubanks, aged ninety-nine.San Francisco, Lyman W. Ransom, poineer journalist.-At Davenport, Tames De ared eighty,


Article from The Jasper Weekly Courier, January 26, 1894

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PERSONAL AND GENERAL. THE boiler of on the Big Four road exploded at Winchester, Ind., on the 14th, killing the fireman, fatally injuring the engineer and wounding two others. Two ATTEMPTS have recently been made to wreck the St. Louis & San Francisco night express at Aurora. Mo., the first time by a misplaced switch and the second time by a loosened rail. In neither case was much damage done. THE Merchants' bank of Ellis, Kas., has closed its door and gone into voluntary liquidation. The assets are ample to cover the liabilities of $56,000. State Bank Commissioner Breidenthal is in control. "LORD" BERESFORD. convicted in Rome, Ga., last year of forgery and sentenced to the penitentiary for five years, escaped from the convict camp at Kramer, Ga.. on the night of the 15th, boarded a train for Florida, and is supposed to have made arrangements to sail from a southern port to England, his former home. DR. ROSENTHAL, a prominentsurgeon of Cincinnati, went to Columbus, on the 16th, to introduce a measure in the Ohio legislature to provide for the abolition of the Abrahamic rite, on the ground that the operation is cruel and unnecessary, and a relic of barbarism not compatible with the civilization of the day. J. W. GIRVIN, who has held the office of Hawaiian consul in San Diego, Cal., for some years past, has received notice from the provisional government of his appointment to the head of the postal savings®bank of Hawaii. Girvin expected to leave on the 20th for Honolulu. THE first report of this season's wheat crop in the Punjab province of British India has been issued. The prospects are unusually good. The area planted shows an increase of 6 per cent. over that of the preceding crop. THE secretary of the interior has appointed William L. Chitty, of Illinois, a member of the board of pension appeals, vice William B. Ruppert, resigned. The salary is $2,000 per annum. THE Prussian diet was opened. on the 16th, by Emperor William in person. A CONSTRUCTION train on ,the Northern Railroad of New Jersey went through a temporary trestle near Fairview, N. J., on the 17th. falling on twenty or thirty Italians who were at work under the trestle. Two of the men were crushed to death, and nearly every one of the others was more or less injured--some of them, it is feared, fatally. FIRE, on the 17th, destroyed the plant of the American Cereal Co., at Minneapolis, Minn., involving a loss of about $50,000, and throwing over 100 persons out of employment. EMPEROR WILLIAM has invited the duke of York to visit Berlin to attend the annual banquet of the Knights of the Black Eagle. A. R. WHITLEY, one of the leading real estate dealers of Cheyenne, Wyo. was convicted on the charge of at tempting to suborn jurors in an im portant civil case. He was sentenced to thirty days in the county jail, on the 17th, and to pay a fine of $150. The case created a great 'sensation there. as Whitley had heretofore borne an ex cellent reputation. A ROYAL decree, dated the 16th countersigned by all the ministers, has been issued, proclaiming a state o siege at Carrara and Massa di Carrara Italy. IT has been learned that the E


Article from Mineral Point Tribune, January 27, 1894

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has tendered his resignation, to take effect April 3. Governor Markham of California designated Jan. 27 as apublic holiday in honor of the opening of the midwinter exposition. Arrangements are made for the Corbett Mitchell fight to occur in a tent should Gov. Mitchell interfere. Governor Markham of California authorized a suit to have the $40,000 Blythe estate escheat to the state A receiver was appointed for the Woman's Land Syndicate on complaint of E. V. McClure that its affairs were mismanaged. Oscar Simcoe, a Terre Haute, Ind., gunsmith, was reunited to his son, who was abducted during the war. An increase of the tax on eleomargarine is demanded by the newly formed National Dairy union. 120,596,270 passengers paid fare on the Chicago City Railway company's lines during 1893. The revenue amounted to $6,029,813.51. and the net earnings were $3,422,040.62 S. C. Davis caused a scene in a Terre Haute court room by drawing a revolver in a controversy with two other attorneys. Trustees of the Lewis estate have abandoned the site selected for a polytechnic institute, Chicago, and are looking for another. Business reverses drove W. F. Beaumont, of Chicago, to suicide. His body was found in the lake at the foot of Forty-second street. The business of the defunct Anderson Plano company, of Rockford, III., was purchased by the Century Plano company, of Minneapolis, who will employ fifty men at once. More than two hundred delegates are attending the fifth annual meeting of the Western Retail Implement and Vehicle Dealers' association at Kan sas City, Mo. Electricians of the northwest met in convention at Milwaukee and listened to the reading of papers on technical subjects. Exports during December exceeded imports by $43,295,061, acocrding to the corrected figures of the bureau of statistics. The orders first given for the United States steamship Lancaster to return home from China around the cape of Good Hope have been changed so as to allow her to come through the Suez canal. The Merchants bank of Ellis, Kan., closed its doors and went into volumtary liquidation. The assets are ample to cover the liabilities of $63,000. The plant of the Columbus, Ind., Republican has been sold by Isaac T. Brown who founded it twenty-one years ago, to Sidney Haigh and Mose Cochran. of Madison, for $9,000. Henry Bowen, an Adrian, Mich., ice dealer. blacked seventy-six pairs of boots on a challenge and gave the receipts to charity. Mrs. Sarah M. Jones, widow of George Jones, one of the founders of the New York Times, died in New York city, aged 83. Frank Ives has posted $500 forfeit to play any man in the world a five or six night match at 14-inch balk-line billiards for any part of $10,000. anchor barred, the match to take place in New York city within 30 days. Judge Dugro of the supreme court at New York granted an order dissolving the George R. Bidwell cycle company of New York city and Hartford, Conn., and making the temporary receiver, Theron G. Strong, per manent receiver. In the United States circult court at New York Judge Lacombe gave a decision in the case of the Farmers' loan and trust company against the Hoffman house, remanding the case back to the supreme court of the state of New York. The board of trustees of the Brook lyn homeopathic hospital and training school for nurses at Brooklyn, N. Y., elected an entire new hospital staff of eight members. dismissing every one of the 14 members of the old staff About a year ago there was trouble in the hospital. The nurses talked a good deal. One of the nurses who had been discharged and didn't get her diploma, brought suit. Then a scandal came This has finally resulted in the