6668. Haddam State Bank (Haddam, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 30, 1925
Location
Haddam, Kansas (39.857, -97.302)

Metadata

Model
gpt-5-mini
Short Digest
9cc5f001

Response Measures

None

Description

Articles indicate Haddam State Bank failed and a receiver was appointed; no article mentions a depositor run. Assistant bank receiver in charge (Apr 30, 1925) and a later report (Sept 9, 1925) cites a $105,000 loss and failure. Classified as suspension leading to closure/receivership (suspension_closure).

Events (3)

1. April 30, 1925 Receivership
Newspaper Excerpt
Leroy Sawin, Assistant Bank Receiver, is in charge of the Haddam State Bank. ... A dividend will be paid the depositors when the work of filing claims has been completed and collections made. The bank officials are working toward reorganization.
Source
newspapers
2. April 30, 1925 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failure with large loss; later report cites a $105,000 loss sustained in the failure of the Haddam Bank.
Newspaper Excerpt
Leroy Sawin, Assistant Bank Receiver, is in charge of the Haddam State Bank. He is checking up the accounts preparatory to receiving claims...
Source
newspapers
3. September 9, 1925 Other
Newspaper Excerpt
HADDAM-A loss of $105,000 was sustained in the failure of the Haddam Bank, receivers have announced.
Source
newspapers

Newspaper Articles (3)

Article from Kansas City Journal, April 17, 1925

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Article Text

By Woman, Publicity Cuts Pettis April Haddam Liquor Prescriptions State Washington county. closed taken over the state April banking department today, accordthe county prosecutor ing Roy Bone, list liquor prescriptions state bank commissioner. The bank filled Pettis county capital of surplus The list shows there deposits of $140,000. prescriptions filled druggists Taylor, woman, presiwriten local physicians. president the dent of the physicians residing outside county. March last year Receiver Is Appointed prescriptions were filled. of 1924. For Punton Sanitarium prescriptions filled Wallace Sutherland. attorney. with 1,337 in the terday was appointed period this list ceiver the Punton sanitarium. month shows increase Thirtieth street the Paseo, Judge Southern of the circuit over January this court.


Article from The Haddam Clipper-Leader, April 30, 1925

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Article Text

Leroy Sawin, Assistant Bank Receiver, is in charge of the Haddam State Bank. He is checking up the accounts preparatory to receiving claims, which will commence shortly, and will be pushed as rapidly as possible. A dividend will be paid the depositors when the work of filing claims has been completed and collections made. The bank officials are working toward reorganization.


Article from The Miami Herald, September 9, 1925

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Article Text

BACK HOME NEWS LINCOLN home of S. H Burnham, 1020 D street was damaged slightly by a small roof blaze reBEATRICE Miss Hazel Butter. field, district secretary has returned after three months tour of FAIRBURY B. Welch, 83, pioneer Fairbury business is dead following paralysis. HUMBOLDT Barr. the oldest resident celebrated his ninetieth birthday September 3. RNEY Wilson and Robert Morris narrowly escaped death in cave-in of excavation work at the new high school KANSAS. KANSAS CITY Daniel McGinley. an employe of the city water department for years. died while repairing hydrant recently LARNED fissures in the earth discovered on the farm Rex Phillips, four miles west of here Black burn, county superintendent schools, has called of rural school teachers for September celver of the State Bank of Peck has announced that 35 per cent returns will be paid depositors September 15. HADDAM-A loss of $105,000 was sustained in the failure of the Haddam Bank, receivers have nounced. schools, has superintendent declared the building Twelfth street and Melrose avenue unsafe marriage of Miss Betty Saylor Oliver Denkleman, September 4, has been announced. The local chapter Kings Daughters bequeathed $200 in will of the late Daniel M. pioneer resident VALLEY tree on the property of Charles D. Smith is bearing green fall apples at the earliest DESHONG memorial art gallery which has been closed during the summer was reopened Septem ber NORTH CAROLINA. CANTON-0. K. Bennett, Asheville attorney. the principal address at the Labor Day celebration clerk in the Wachovia Bank and Trust Company, Winston-Salem, has been GRASSY BRANC Richard H. A1lison, 80. Civil War veteran and citizen of Grassy Branch, is dead. following short illness man Gastonia, merchants, have stock of the purchased stores and are mov. Kings Mountain. HICKORY College began the fall semester September record enrollment. Dr. P. E. Monroe is acting president. DELAW ARE. LAUREL Earle M ing editor of The State Register, has resigned to to Miami, Fla. local fire department is holding its annual carnival the fair grounds. and high schools have opened The Delmar grade school building has been renovated completely. EL-General condition of the tomato and in this vicinity is reported much better following recent ERE-A Hastings, for 16 years resident here has left to locate in Dayton with the National Cash Register Company. D. Wade son of L. Wade, of the Wade Ginning Company, suffered severe injury to his left hand when that member was caught cog HOUMA Laura M White prominent in Methodist mission work here. has left for Los Angeles for a five course of Bible study ST. and Mrs J J. Budrin announce the engagement of daughter, Helen Esther, to Judge George Clifton, of San Antonio, state highway superin tendent. dead as result of injuries when his motor car overturned COLUMBIA Charles Johnson farmer near Grayson, has marketed eight bales of cotton grown and baled with no help feat never been accomplished here before. FIGURATIVELY SPEAKING Man (standing you poor cripple enough for a cup coffee and sandwich? Good Old Lady my poor