Bank of Glen Elder - Glen Elder, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 26, 1895
Location: Glen Elder, Kansas (39.499, -98.309)

Metadata

Model: gpt-5-mini
Short Digest: c4140437

Response Measures

None

Description

Article (Topeka special, Feb 26, 1895) reports the Bank of Glen Elder was suspended by the bank commissioner with liabilities exceeding cash and loans detailed. No run is mentioned; suspension appears to be government action and implies failure/closure.

Events (1)

1. February 26, 1895 Suspension

Cause: Government Action
Cause Details: Suspended by the state bank commissioner; liabilities $14,000, cash $2,600, loans $16,901.
Newspaper Excerpt: The Bank of Glen Elder has been suspended by the bank commissioner. The liabilities are $14,000. The cash on hand was $2,600, and the bank had out $16,901 on personal security.
Source: newspapers

Newspaper Articles (1)

1. February 27, 1895 Kansas City Daily Journal Kansas City, MO

Article from Kansas City Daily Journal, February 27, 1895

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Article Text

Bank at Glen Elder Suspended. Topeka, Kas., Feb. 26.-(Special.) The Bank of Glen Elder has been suspended by the bank commissioner. The liabilities are $14,000. The cash on hand was $2,600, and the bank had out $16,901 on personal security. R. C. Heard was cashier.