Citizens State Bank - Humboldt, KS

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: March 4, 1932
Location: Humboldt, Kansas (37.811, -95.437)

Metadata

Model: gpt-5-mini
Short Digest: 96ab9e97

Response Measures

Full suspension

Other: Bank closed by order of its board after prolonged withdrawals; officials stated depositors would be paid in full.

Description

Two contemporaneous articles (Mar 4-5, 1932) report a prolonged run on the Citizens State Bank of Humboldt and that the board ordered the bank closed. The bank was closed by the directors and the president said depositors would be paid in full. The closure is reported as ordered by the board; no reopening is mentioned, so I classify as run leading to suspension and closure.

Events (3)

1. March 4, 1932 Other

Newspaper Excerpt: Bank officials said the institution would pay its full. B. Flint depositors in president.
Source: newspapers

2. March 4, 1932 Suspension

Cause Details: Closed by order of the board of directors after a prolonged run; articles state directors ordered the bank closed and that depositors would be paid in full.
Newspaper Excerpt: The Citizens State Bank of Humboldt, was closed today order of the board of directors.
Source: newspapers

3. * Run

Cause Details: Article states there had been a run on the bank for a long period but gives no specific trigger or cause.
Newspaper Excerpt: There has been run on the bank for long period, according by the state banking department.
Source: newspapers

Newspaper Articles (2)

1. March 4, 1932 The Mercury Manhattan, KS

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Article Text

SHERILL TO TURKEY. Will Succeed Joseph C. Grew Who Becomes Ambassador to Japan. Mar. dent Hoover named Charles Sher will of New York. to be Ambassador Sheriff will succeed Joseph Grew. who has been named by the chief executive to be Ambassador to Japan. W. Cameron Forbes, the present to Japan, plans return to this country. FAMILY BURNS TO DEATH. St. John's, March The wife and five children of Robert Best burned to death today in fire at North West Arm, Labrador, information reaching the Hudson's Bay company here said. HUMBOLDT BANK CLOSES. Chanute, Kan., March Citizens State bank Humboldt was closed today by order the board of directors. Bank officials said the institution would pay its full. B. Flint depositors in president. Published in The Manhattan (First Mercury, James Montgomery sentenced from Riley Burglary Board LansPetitioner James

2. March 5, 1932 The Kansas City Times Kansas City, MO

Article from The Kansas City Times, March 5, 1932

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Article Text

GARNER'S FIRST VOTE FUTILE. Ballot Is Cast on Losing Side by the House Speaker (By Associated Press.) WASHINGTON, March 4.-Speaker Garner today voted for the first time this congress-and on the losing side The house was in committee of the whole, considering the treasury-postoffice department appropriation bill. Representative LaGuardia of New York moved strike out section that would prevent pay increases during the next fiscal year for employees those departments. When standing vote showed LaGuardia's motion about to carry, Chairman Byrns demanded teller ballot. Garner was among the sixtyfive who the center aisle vote against the LaGuardia motion. There scattering of applause and members slapped the speaker the back. The Yorker's amendment, however, mustered 74 votes and the pay increase prohibition was stricken out. A Humboldt Bank Is Closed. TOPEKA, March 4.-The Citizens State Bank of Humboldt, was closed today order of the board of directors. There has been run on the bank for long period, cording by the state banking department.