6598. Emporia National Bank (Emporia, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
1983
Charter Number
1983
Start Date
December 2, 1898
Location
Emporia, Kansas (38.404, -96.182)

Metadata

Model
gpt-5-mini
Short Digest
73ef1a92

Response Measures

None

Description

Multiple articles (Dec 1898–Jan 1899) report the Emporia National Bank as having failed and being under receivership (first C. S. Jobes as receiver, then Morton Albaugh appointed by the Comptroller). No contemporaneous description of a depositor run is given; the bank had failed/been closed and a receiver was appointed, so classified as suspension leading to permanent closure/receivership.

Events (5)

1. May 13, 1872 Chartered
Source
historical_nic
2. December 2, 1898 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had failed/busted and a receiver (C. S. Jobes) was in control by early December 1898.
Newspaper Excerpt
After the sale the net proceeds shall be placed on deposit in the Emporia National bank in a special deposit in the name of C. S. Jobes, receiver
Source
newspapers
3. January 14, 1899 Receivership
Newspaper Excerpt
Comptroller of the Currency Dawes today appointed Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his regular duties. Mr. Albaugh will take hold on February 15.
Source
newspapers
4. February 25, 1899 Other
Newspaper Excerpt
It will be remembered only a few weeks ago the Emporia National bank failed and the Chairman of the Republican state committee refused the best place Gov. Stanley could offer because he was to be appointed Receiver of that bank & it would pay a big salary and last for years.
Source
newspapers
5. May 15, 1920 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (7)

Article from The Wichita Tribune, December 3, 1898

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Article Text

CROSS' CATTLE WILL BE SOLD The Disposition of Proceeds to Be Settled Afterward. EMPORIA, Kan., Dec. 2.-After considerable discussion the parties interested in the sale of the Sunny Slope cattle have come to an agreement by which the sale shall take place as advertised, and after the sale the net proceeds shall be placed on deposit in the Emporia National bank in a special deposit in the name of C. S. Jobes, receiver, and F. C. Newman, administrator. This means that after the sale there will be a friendly contest to determine what shall be done with the money. It shall be determined exactly what proportion of the proceeds shall go to the depositors of the bank and what to the other creditors of the bank.


Article from Kansas Agitator, January 13, 1899

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Article Text

KANSAS AGITATOR. GARNETT. KANSAS. Sunflower Seeds. ERITY. are the most credulous, Concordia is after the state G. A. R., encampment in 1900. sed intelligence, of any e earth. The big paTwelve hundred cars of wheat were inspected s have generally taught at Coffeyville last week. one of great prosperity. Democrats have purchased a paper at Wichita I the point of believing -The Blaze-and call The Democrat. I hearing the story reThe special session of the legislature enpened that out bump of acted a law providing for the election of labor as our bump of credulicommissioner. ison out prosperity, we A Wichita man lost eight stacks of wheat by y. We could not see fire, the other day. The stacks probably conr when cotton was never tained 1,000 bushels of wheat. the sixties; hogs below Mort Albaugh has been appointed receiver of nunerative. We could the Emporia National bank, which "busted" a e laborer when the genfew weeks ago, to succeed J. S. Jobs, who has the direction of lower been appointed bank examiner. W. B. Yates, a young business man of LarnS is the question we ly, we caught on. It ed, who disappeared over two weeks ago, has o is prosperous. It is been found at Oakdale, California, in a hospital, suffering from brain fever, and is insane. is the man who obtains Sam Peters wants to succeed Judge Foster, anchise through briband the little one. It who has just been retired from the federal bench. rner on the necessaries If there is anything Sam doesn't want, or facturer who, owing to hasn't wanted at sometime in his life, we'd like s Americans away above to learn what it is.


Article from The Topeka State Journal, January 14, 1899

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Article Text

ALBAUGH IS RECEIVER -1 Will Succeed Bank Examiner Jobes in Control of the Cross Bank. Washington, Jan. 14.-Comptroller of the Currency Dawes today appointed Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his regular duties. Mr. Albaugh will take hold on February 15. Meantime, Mr. Jobes will continue.


Article from The Advocate and News, January 18, 1899

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Article Text

a* cratic paper. Ellsworth barbers will do no more Sunday work. Rock salt has been struck at Troy at a depth of 168 feet. Attorney General Godard will retire from the Collins case. W. R. Burroughs, of Marysville, has mysteriously disappeared. Judge J. Herrick will go to Omaha, where he will write a book. One hundred head of Gillett cattle were recently found near Topeka. The Hutchinson Commercial Club is going after an opera house. The new set of stations for St. Benediet's Church, Atchison, cost $1,000. A number of officers of the Twentythird Kansas are home on furloughs. Pat Dolan, of the board of charities, is seriously ill at Christ hospital, Topeka. Governor Stanley has 2,000 applicants from which to pick out 600 office-holders. Ex-Secretary of State Bush is acting as clerk of the senate committee on printing. Judge A. H. Horton seems to be the leading candidate for Judge Foster's place. S.H. Dodge has turned over a half interest in the Beloit Gazette to his son, George. The annual oratorical contest of Kansas colleges will be held at Ottawa February 24. The school book trust and the stock yards are getting it from the Missouri legislature. There is a possibility that the present legislature will pass the Breidenthal banking bill. Battery B, Fourth United States artillery, has returned to Fort Riley from Sayannah, Ga. The Brown County Farmers' Institute has an excellent program arranged for January 24-26. F.B. Dawes thinks that twenty-five days is long enough for the legislature to be in session. A Galena man lost a cow twenty years ago, but found her again the other day. She had had nothing to eat in the interim and was dead. E. B. Cowgill, of the Kansas Farmer, is a candidate for Democratic member of the Court of Visitation. The only woman reporting this session of the legislature is Miss Louise Duley, of the Cherryvale Union. There were 300 birds on exhibition at the first exhibition of the Delphos Pet Stock and Poultry Association. Governor Stanley has shut down on the reorganization of the K. N. G. until he can appoint an adjutant general. Thayer will vote on issuing $3,000 of bonds to put in a city natural gas plant. The vote will be taken February 14. Webb McNall will not resign from office immediately as some newspaper reporter has been trying to make out. The Miami County Good Roads Association is talking of trying the crude petroleum treatment on roads near Paola. Miss Grace McGrew, of Emporia, who was stenographer for the late C. S. Cross, will be private secretary to Associate Justice Smith. Gamblers are protected in Kansas City, Kans., under a license of $5,000 a year. Topeka whist players went to Kansas City Saturday for a defeat. The crack Atchison base ball player is now working on a farm for $10 a month. His pay is surer, but the muscles of his mouth have lost their firmness. Mort Albaugh has been appointed receiver of the Emporia National bank. Two Topekans committed suicide because of despondency, last week. Dr. W. W. Cochrane, one of the oldest and best citizens of Atchison, died Saturday. He was nearly eighty years old and cameto Kansas forty years ago. Miss Jula Fitzgerald, of Kansas City, has been made stenographer for the minority of the house Miss Fitzgorold


Article from The Black Hills Union, January 20, 1899

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Article Text

ALBAUGH MADE RECEIVER. will Succeed Bank Examiner Jobes in Control of the Cross Bank. WASHINGTON, Jan. 16,-Comptroller of the Currency Dawes has al ointel Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resuine his regular duties. Mr. Albaugh will take hold on February 15.


Article from The Chanute Times, January 20, 1899

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Article Text

ALBAUGH MADE RECEIVER. will Succeed Bank Examiner Jobes in Control of the Cross Bank. WASHINGTON, Jan. 14.-Comptroller of the Currency Dawes has appointed Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his reg. ular duties. Mr. Albaugh will take hold on February 15.


Article from Free Press, February 25, 1899

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Article Text

Some time ago the 1st National bank at Russell failed and the de positors want one of their citizens appointed Receiver to close it up quickly and for the benefit of those having money interests, but the law allows the Tressury department to appoint and some politi cal pet gets it who has no interest at stake except the salary and to keep it unsettled as long as possible, and it is understood that sen ator Baker has asked that Charlie Lobdell. of Kansas city. one of the "sledge-hammer Legislature" be the Receiver A regular outrage on that community and the poor depositors who got caught in the so called (bv Republicans] grandest banking system on the earth" It will be remembered only a few weeks ago the Emporia National bank failed and the Chairman of the Republican state committee refused the best place Gov. Stanly could offer because he was to be appointed Receiver of that bank & it would pay a big salary and last for years. he could bang on, suck ing the lifeblood of the poordepos itors and stockholders.