6625. Mid West State Bank (Fort Scott, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 25, 1927
Location
Fort Scott, Kansas (37.840, -94.708)

Metadata

Model
gpt-5-mini
Short Digest
1e74a5ed

Response Measures

None

Description

Articles report the Mid West (Midwest/Mid-West) State Bank at Fort Scott was closed by the state banking department and a receiver (Fred Bayless) was appointed in early March 1927. No mention of a depositor run in these items; closure appears to be by government action with receiver assigned. OCR variants of the bank name (Midwest / Mid-West / Mid West) noted.

Events (3)
1. February 25, 1927 Suspension
Cause
Government Action
Cause Details
Closed by the state banking department (state-ordered closure of chain of Miller banks)
Newspaper Excerpt
closed ten days ago by the state banking department
Source
newspapers
2. March 7, 1927 Receivership
Newspaper Excerpt
Appointment of Fred Bayless, Fort Scott lawyer, as receiver for the Midwest State bank at Fort Scott, was announced Saturday.
Source
newspapers
3. July 10, 1930 Other
Newspaper Excerpt
the old Mid-West Bank of this city ... When the bank failed all was checked out except a few dollars, and we owed them $50.
Source
newspapers

Newspaper Articles (2)
1. March 7, 1927 Carthage Evening Press Carthage, MO
Article from Carthage Evening Press, March 7, 1927

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Article Text

BANK RECEIVERS ANNOUNCED Three to Handle Affairs of Closed Miller Chain Pittsburg, Kans., March 7. Appointment of two receivers for six of the Miller banks, closed ten days ago by the state banking department, was announced by Roy Bone, state bank commissioner. James T. Fowler, cashier of the Home bank of Arcadia, was named receiver for the Miners' State bank of Mulberry, the Commercial State bank of Arma and the Farmers' State bank of Englevale. George L. Stevenson, Pittsburg lawyer, was appointed receiver for the Pittsburg State bank, the First State bank of Cherokee and the Farmers' State bank of Opolis. Appointment of Fred Bayless, Fort Scott lawyer, as receiver for the Midwest State bank at Fort Scott, was announced Saturday. The seven banks comprised a chain established several years ago by Jonathan G. Miller, Mulberry capitalist, and several associates.

2. July 10, 1930 The Church Advocate and Good Way Fort Scott, KS
Article from The Church Advocate and Good Way, July 10, 1930

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Article Text

We believe in a divine providence, but we may not always be protected by them. I submit here a statement in regard to bank failures in the last three years. We had all the money collected to equip the new office in the old Mid-West Bank of this city over three years ago, and the amount was about $1800 in all. Buying equipment, paying freight and installing the same and moving it was taking SO much money that I borrowed a small amount at this same bank so as to be sure not to run short. When the bank failed all was checked out except a few dollars, and we owed them $50. So they proposed to just butt accounts, and for me to pay the difference we owed them, which we did, and the office never lost a dollar. A narrow escape! We had our personal account in the last bank that broke here, but changed to another bank just a few weeks before it broke. A narrow escape again! On June 26th we got a bank draft for $55. 40-our camp meeting money for the Deerfield, Mo. C. M.-intending to deposit it in the Deerfield, Mo. bank to make it conven-