Homewood State Bank - Homewood, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 11, 1922
Location: Homewood, Kansas (38.515, -95.379)

Metadata

Model: gpt-5-mini
Short Digest: 1f3f6d09

Response Measures

None

Description

Article (Dec 11, 1922) describes the Salina State Bank as defunct with affairs not disposed of and no guaranty certificates issued; the bank is in receivership/closed. No mention of a depositor run; closure appears to be formal (receivership) rather than a temporary suspension.

Events (2)

1. December 11, 1922 Receivership

Newspaper Excerpt: Depositors in defunct Kansas state banks protected by the state bank guaranty law... The question arose in the dispute over rights of Kansas state bank depositors of Salina. Affairs of the bank have not been disposed of ... no certificates against the guaranty fund have been issued to depositors.
Source: newspapers

2. December 11, 1922 Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership under the state bank guaranty law; affairs not yet disposed of.
Newspaper Excerpt: Affairs of the bank have not been disposed of and no certificates against the guaranty fund have been issued to depositors.
Source: newspapers

Newspaper Articles (1)

1. December 11, 1922 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, December 11, 1922

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Article Text

FIRST FILED, FIRST PAID Attorney General Makes Ruling on Guaranty Fund Settlements. Depositors in defunct Kansas state banks protected by the state bank guaranty law, will 1. paid in accordance with the date of certificates issuca by the bank commissioner. That is the position taken by the attorney general's department in ruling on the issuance of certificates against the guaranty fund. Date of a bank failure, the state department holds, does not control the priority claim of a depositor. If the affairs of a bank are not closed promptly, depositors in the bank must wait until the receivership is concluded and are not protected by prior claims because of an early failure. The question arose in the dispute over rights of Kansas state bank depositors of Salina, Affairs of the bank have not been disposed of and no certificates against the guaranty fund have been issued to depositors. On the other hand creditors of the Homewood and LeLoup banks which subsequently failed, are being paid because their receiverships are terminated.