6670. Hamilton State Bank (Hamilton, KS)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
August 20, 1930
Location
Hamilton, Kansas (37.979, -96.164)

Metadata

Model
gpt-5-mini
Short Digest
cba429cc

Response Measures

Full suspension, Books examined

Other: Liquidation and receiver dividends paid in 1931; deputy bank commissioner placed in charge in 1930.

Description

Article (Madison News, 1930-08-28) reports heavy withdrawals during the prior week and that the board closed the bank Monday; deputy bank commissioner placed in charge and bank not expected to reopen. Later 1931 articles reference liquidation and dividends paid by the state bank receiver, confirming permanent closure and receivership.

Events (3)
1. August 20, 1930 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals prompted by the bank's prolonged unprosperous condition and failed merger attempt; withdrawals increased during the prior week.
Measures
Board of directors closed the bank; deputy bank commissioner placed in charge.
Newspaper Excerpt
Heavy withdrawals of depositors ing the past week was given reason for the closing.
Source
newspapers
2. August 25, 1930 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Board-ordered closing due to heavy depositor withdrawals and the bank's weakened financial condition; state banking department placed an official in charge (receiver).
Newspaper Excerpt
The Hamilton State bank closed its doors Monday morning by order of board directors of the bank. John Emery, deputy bank commissioner, was placed charge.
Source
newspapers
3. June 3, 1931 Receivership
Newspaper Excerpt
John state bank receiver, will pay dividend of 20 per cent ... to the Hamilton state [bank]. Matter the Liquidation the Hamilton State Bank (Aug 1931 court reference). (articles indicate receiver and liquidation proceedings)., date: null } ],
Source
newspapers

Newspaper Articles (4)
1. August 28, 1930 Madison News Madison, KS
Article from Madison News, August 28, 1930

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Article Text

STATE Heavy Run On Institution Said To Be The Will Not Reopen. The Hamilton State bank closed its doors Monday morning by order of board directors of the bank. Heavy withdrawals of depositors ing the past week was given reason for the closing. John Emery, deputy bank commissioner, was placed charge. The report to the state banking department showed capital surplus, loans and discounts, $132,397; deposits, 042 and bills rediscounted, 424. H. W. Nixon cashier of the bank. said that the bank had not been prosperous condition for sometime and that merger was tempted with the First National bank that city but that fell through. Emery does not think that the bank will reopen, is said.

2. December 3, 1930 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, December 3, 1930

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Article Text

NYE FINDS MORE Washington, Dec. expenditure of $272,312 for the primary ticket in Pennsylvania over the amount reported last Spring has been uncovered by Senator Nye's vestigating committee. SenaDavis was seated by suddenly taken vote late yesterday CANADIAN WHEAT WINS Chicago, Dec. United States lost its reputation for growing fine milling wheat today. Herman Trelle of Wembly Alberta. Canada, won the grand championship wheat at the International Livestock show. LOST BUT THREE MEN Washburn, Dec championship Ichabod football team laid away its togs until next year, when but three of this years team will again the blue and white jerseys. Only Captain Shaw, Phil hambleton and Alf Reid are lost to the team A survey the season just played reveals that the Ichabods won eight of the ten games played. They scored points to their opponents ROAD PLAN Topeka, Dec. the Iowa plan and the expenditure of for road construction in Kansas ing the next five years yesterday to the next legislature by the Kansas highway league. The recommendation for permanent roads to replace the present gravel. Counties authorizto issue bonds to taken by the state under the Iowa plan. FINE FOR XMAS Topeka, Dec. of the Leon Farmers bank will ceive per cent dividend from Johnson, state bank receiver today. Five per cent will be paid by the Union State bank of Kansas City, per the Wayside State bank, cent by the Tyro state bank and per cent by the Hamilton state bank. HEAVY SCHEDULE Lawrence. Dec. Bishop forward, "Frosty" Cox, guard, ranked last year allmaterial in the basket ball field, are again out basketball The schedule of 18 games starts with game agaist Washburn at peka, Dec. 16. NEW POSTOFFICE Topeka, Dec. has new postoffice. Washburn lege outside the city limits and has been granted its postoffice. In the future mail may be addressed to Washburn, Kansas, and reach the college. DEMOS SPENT Dec. campaign expenses handled the state committee amounted only according to an account filed vesterday. this amount was spent for printing. SET TRIPLETS Garden Dec. set of triplets were born Monday Mr. and Mrs. C. Brown this county. The youngsters wereall boys and increase the Brown family roll call to seven. CLINIC McPherson, Dec. tuberculosis clinic will be held in this county Thursday by state thorities.

3. June 3, 1931 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, June 3, 1931

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Article Text

DEFUNCT BANKS PAY Topeka, June Johnstate bank receiver, will pay dividend of 20 per cent today repositors of the Paxico state per cent payment will be made the State of Bird City, per payment to the Exchange state of Nortonville, the same amount to the Commercial state of Lindsborg and per cent to the Hamilton state.

4. August 24, 1931 The Eureka Herald Eureka, KS
Article from The Eureka Herald, August 24, 1931

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Article Text

Benson Presides at Adjourned Session of District Court Two Divorces Granted and Other Civil Court Actions Tried Session Saturday An adjourned session Greenwood county district court held Eureka Saturday with Judge George Benson of E1 Dornumber of actions disposed of and mo tions heard during the day's cedure The court found for the plainfor the amount prayed for interest and costs and mechanics found valid and foreclosed the case of National Torpedo Company Stella The of F Wicker the Illinois Bankers Life Company for money ment dismissed with prejidice on motion of the plaintiff Geo Conkey was granted divorce by default from Edith Conkey and the plaintiff ordered pay costs of the action Judgment by default granting plaintiff divorce the court's decision in the action of Maude Jobe Oscar Jobe The plaintiff was ordered to pay costs. In the First National Bank of Winfield. Kansas. Lewis, Cannon and Payne, the plaintiff was granted judgment by default against the defendants for $4,670 with inter10 per cent from this date costs and foreclosure of Motions The motion was sustained in the matter liquidation of the Hamilton State Bank, al, ap. plication for authority to accept deed for real estate. Motion to dismiss was sustained in the case of Joy Badger. al. Emma E. Badger, al. The defendant was given ten days to plead of Edward E. Pedroja, etc., EmE. Badger motion to confirm sale sustained in the action of the Pickering Lumber Company the McCulloch Oil Company. al. Motion ruled upon as per jour entry in the action of Bertha Hodgson Laurence, Central Life Assurance Society, mutual. Eliza Ann motion to con firm sheriff's sale, sustained. An application for authority to compromise indebtedness sus tained per order in the Matter the Liquidation the HamilState Bank