6685. Bank of Hays City (Hays, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 2, 1899
Location
Hays, Kansas (38.879, -99.327)

Metadata

Model
gpt-5-mini
Short Digest
99b1c5dd

Response Measures

None

Description

Articles show the Bank of Hays City entered receivership and was sold off by Receiver J. C. Adkins with depositors paid ~61%. There is no mention of a depositor run prior to suspension in the provided clippings—coverage focuses on receivers' statements, auction of assets, and final closing. Dates: receiver statement references condition as of 1899-12-02; public sale occurred June 3, 1901. Classified as a suspension leading to permanent closure/receivership.

Events (4)

1. December 2, 1899 Receivership
Newspaper Excerpt
Receiver Adkins of the busted Bank of Hays city... Receivers Statement of the Receipts and Disbursements of J. C. Adkins, Receiver of the Bank of Hays city, at Hays city State of Kansas,
Source
newspapers
2. December 2, 1899 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent or otherwise 'busted' leading to appointment of a receiver and suspension of normal operations; articles refer to 'busted Bank' and 'failure'.
Newspaper Excerpt
Receivers Statement of the Finantial condition of the Bank of Hays at, at Hays sitve State of Kansas, on the 2nd day of Dec. 1899.
Source
newspapers
3. June 3, 1901 Other
Newspaper Excerpt
Receiver's Sale. On Monday, June 3d, 1901 at 10 o'clock a. m. will offer at Public sale at the Court House at Hays city, Kansas, all the remaining assets of the Bank of Hays city ... John C, Adkins, Receiver.
Source
newspapers
4. June 8, 1901 Other
Newspaper Excerpt
At the Receivers sale, Adkin's sold at auction all the remaining assets of the busted Bank of Hays city to M E Dixon, the highest and only bidder. This gives the depositors 61 per cent, thanks to the good management of Receiver Adkins.
Source
newspapers

Newspaper Articles (8)

Article from Free Press, December 16, 1899

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Article Text

Receivers Statement of the Finantial condition of the Bank of Hays at, at Hays sitve State of Kansas, on the 2nd day of Dec. 1899.


Article from Free Press, April 14, 1900

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Article Text

Judge Monroe held Court in Lo gan county this week. Prot Johnson has been east this week on a visit. Ed R a and family made a visit to tr ends in Wakeeney this week Commissioners met again this week and completed their quarter ly work Miss Solomon has moved her dress making parlors to the Stein er building opposite this office, TO CURE A COLD IN ONE DAY, Take Laxative Bromo Quinine Tablets All druggists refund money if it fails to cure E. W GROVE' signature on every box. 25 cents. Did you notice the Red signs of Spencer's new repair shop on south Chestnut street. Another dividend has been paid by Receiver Adkins of the busted Bank of Hays city, and more yet to collect. But the depositors were anxious to take 40 per cent. Such valler is moving the Gem building to the lot on south main street adjoining Miller's land office and Pete Smith will move his store goods there, The 1si National bank has se cured their money from the Augus Waters store goods and Ed Madden has gone out of the store business. Farmer Israel Grenell has leased and will try to keep down the mul titude of weeds that grow on the Plantation as well as improving his block this side. Editor Freese has taken the Mrs Ramey cottage so us to give more attention to his office.


Article from Free Press, October 20, 1900

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Article Text

Receivers Statement of the Finantial condition of the Bank of Hays city, at Hays city, State of Kansas, on the 1st day of Sept. 1900.


Article from Free Press, May 11, 1901

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Article Text

Receiver's Sale. On Monday, June 3d, 1901 at 10 o'clock a. m. will offer at Public sale at the Court House at Hays city, Kansas, all the remaining assets of the "Bank of Hays city," consisting of notes, mortgages, jud gments, lot 14 in blk 17JE Wil son add. to Hays city, Kan ; etc. a complete list of which will be fur nished on application. The prop erty will first be exposed for sale in bulk. Next each item will be offered separately. In either case the total amount bid must equal or exceed $2000. All sales will be subject to the approval of the Court which will then be in session John C, Adkins, Receiver.


Article from Free Press, June 1, 1901

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Article Text

Receiver's Sale. On Monday, June 3d, 1901 at 10 o'clock a.m. I will offer at Public sale at the Court House at Hays city, Kansas, all the remaining assets of the "Bank of Hays city," consisting of notes, mortgages, jud gments, lot 14 in blk 17 JE Wil son add. to Hays city, Kan etc. a complete list of which will be fur nished on application. The prop erty will first be exposed for sale in bulk. Next each item will be offered separately. In either case the total amount bid must equal or exceed $2000. All sales will be subject to the approval of the Court which will then be in session John C, Adkins, Receiver.


Article from Free Press, June 8, 1901

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Article Text

At the Receivers sale, Adkin's sold at auction all the remaining assets of the busted Bank of Hays city to M E Dixon, the highest and only bidder. This gives the depositors 61 per cent, thanks to the good management of Receiver Ad kins, as most of the depositors were willing to take 40 per cent. Receiver Adkins has issued the following statement. Receivers Statement of the Receipts and Disbursements of J. C. Adkins, Receiver of the Bank of Hays city, at Hays city State of Kansas,


Article from Meade County News, June 20, 1901

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Article Text

and is quite fatal among children. W. P. Tomlinson, a veteran Kansas editor, died in Topeka, June 13, aged 65. The Salina creamery made 19,223 pounds of butter in the first week in June. A new $2,000 Methodist church has just been dedicated at Chelsea, Butler county. Sixteen farmers about Woodbine have planted a $10,000 bank in Woodbine. The laws of Kansas prohibit the sending of the wife or children of a soldier to the poor house. Walter Post, aged 18 years, was drowned in the mill race in Burling- ton, while swimming. He was seized with cramps. The amount of interest due the state on daily balances in the National City bank of New York City, for April amounted to $96.77. J. A. Tuttle, traveling freight agent for the Rock Island, killed himself in Hutchinson because he believed that he was to become blind. Charles Stark, a Franklin county farmer, a white man with a fair skin, is turning black. The doctors call it a case of Addison's disease. Water came up with a rush to with- in 12 feet of the top of a well being bored in McPherson. The well had reached the depth of 135 feet. There is a new Australian law in Kansas which requires study. B. H. Tracy, assistant attorney general, is preparing instauctions for voters. The Santa Fe is to extend its present freight depot in Wichita, making it 185 feet lenger. Its outside platform ca- pacity will be about 9,000 square feet. R. M. Wright, state superintendent of forestry has distributed 1,500,000 trees in Western Kansas this season. They were black and honey locust, Osage orange and catalpa. Prof. James H. Canfield. once chan- cellor of Kansas university, now li- brarian of Columbia university, Ohio, is proposed as national president of the Young Men's Christian Association. A Wichita man has just invested $400,000 in Oklahoma mortgages. which were in the hands of the receiver of a defunct Eastern trust company. Every dollar of the money was Kansas money. They tell a story about Jim Steele who was the first justice of the peace in Wichita, appointed by the governor before Sedgwick county was organized. He had endorsed a note; the amount of the note was sued for in Steele' scourt; the court gave judgment for the holder and then paid the note himself. Campers cut the wire fence of a wheat field a mile north of the packing houses in Wichita and turned in their horses. Old Man Mostellar, the owner, went to them and ordered them out of the field. This was in the morning. The campers beat Mostellar nearly to death and left. He laid in the sun until noon, and can hardly recover. Hugh A. Cook is dead at Ottawa. He came to Lawrence in the '50s and his store was burned there in the Quan- trell raid. Later he was associated with Solon O. Thatcher in newspaper work. He was twice sergeant-at-arms and once a member of the legislature, and was the second sheriff of Franklin county. IIis children numbered 14. The Bank of Hays City has made a final closing, the remaining assets being sold at auction. Depositors were paid 61 per cent. At the time of the failure a 40 per cent compromise was offered and rejected. J. H. Watkins, cashier of the Dexter, Sumner county bank, killed himself. A bank examiner had been at work over the bank's accounts and found discrepancies. Watkins left a letter giving business instructions and stating that he had never taken one dollar of the bank's money. There were only about twenty dele- gates of Sons of Veterans at the June- tion City encampment. The member- ship in Kansas is now only about 400. Twin Grove township of Greenwood county has sold its $15,000 bonds of the Wichita and Western railroad, now owned by the Frisco line, which com- pany bought the bonds to get out from under the conditions which were made at the time of their issue, and not be- cause the road was obliged to ever pay them. The township got $2,500 for the bonds. Calvin Pearl Titus, the Wichita sol- dier who scaled the wall of Pekin, came home for a few days before enter- ing a preparatory school in New York. He has West Point in view. Mrs. Clara Davis, a bride of a year, and late of Iola, was, with her husband traveling in a wagon in Oregon. When three days from a habitation, and in the mouniains. Mr. Davis was accident- ally shot and killed. His wife placed the body in the wagon and drove over that lonely distance with it. She is now returning to Kansos. Dr. Daniel McGee, of Topeka, bought an automobile in Chicago and rode home in it, making 100 miles a day. Governor Stanley has appointed as delegates to the Trans-Mississippi con- gress at Cripple Creek in July, J. W. Thrall, Wellington; Mrs. Augusta Wil- tson, Wilsonton; J. H. Churchill, Dodge City; George Leis, Lawrence: H. F.


Article from The Chanute Times, June 21, 1901

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Article Text

state A .1 occur at Marysville, June 15-17. Diphtheria is epidemic in Atchison and is quite fatal among children. W. P. Tomlinson, a veteran Kansas editor, died in Topeka, June 13, aged 65. The Salina creamery made 19,223 pounds of butter in the first week in June. A new $2,000 Methodist church has just been dedicated at Chelsea, Butler county. Sixteen farmers about Woodbine have planted a $10,000 bank in Woodbine. The laws of Kansas prohibit the sending of the wife or children of a soldier to the poor house. Walter Post, aged 18 years, was drowned in the mill race in Burlington, while swimming. He was seized with cramps. The amount of interest due the state on daily balances in the National City bank of New York City, for April amounted to $96.77. J. A. Tuttle. traveling freight agent for the Rock Island, killed himself in Hutchinson because he believed that he was to become blind. Charles Stark, a Franklin county farmer, a white man with a fair skin, is turning black. The doctors call it a case of Addison's disease. Water came up with a rush to within 12 feet of the top of a well being bored in McPherson, The well had reached the depth of 135 feet. There is a new Australian law in Kansas which requires study. B. H. Tracy, assistant attorney general, is preparing instauctions for voters. The Santa Fe is to extend its present freight depot in Wichita, making it 185 feet lenger. Its outside platform capacity will be about 9,000 square feet. R. M. Wright, state superintendent of forestry has distributed 1,500,000 trees in Western Kansas this season. They were black and honey locust, Osage orange and catalpa. Prof. James H. Canfield. once chancellor of Kansas university, now librarian of Columbia university, Ohio, is proposed as national president of the Young Men's Christian Association. A Wichita man has just invested $400,000 in Oklahoma mortgages, which were in the hands of the receiver of a defunct Eastern trust company. Every dollar of the money was Kansas money. They tell a story about Jim Steele who was the first justice of the peace in Wichita, appointed by the governor before Sedgwick county was organized. He had endorsed a note; the amount of the note was sued for in Steele' scourt; the court gave judgment for the holder and then paid the note himself. Campers cut the wire fence of a wheat field a mile north of the packing houses in Wichita and turned in their horses. Old Man Mostellar, the owner, went to them and ordered them out of the field. This was in the morning. The campers beat Mostellar nearly to death and left. He laid in the sun until noon, and can hardly recover. Hugh A. Cook is dead at Ottawa. He came to Lawrence in the '50s and his store was burned there in the Quantrell raid. Later he was associated with Solon O. Thatcher in newspaper work. He was twice sergeant-at-arms and once a member of the legislature, and was the second sheriff of Franklin county. His children numbered 14. The Bank of Hays City has made a final closing, the remaining assets being sold at auction. Depositors were paid 61 per cent. At the time of the failure a 40 per cent compromise was offered and rejected. J. H. Watkins, cashier of the Dexter, Summer county bank, killed himself. A bank examiner had been at work over the bank's accounts and found discrepancies. Watkins left a letter giving business instructions and stating that he had never taken one dollar of the bank's money. There were only about twenty delegates of Sons of Veterans at the Junetion City encampment. The membership in Kansas is now only about 400. Twin Grove township of Greenwood county has sold its $15,000 bonds of the Wichita and Western railroad, now