6739. Citizens Bank (Kansas City, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 17, 1893
Location
Kansas City, Kansas (39.114, -94.627)

Metadata

Model
gpt-5-mini
Short Digest
ba38528b

Response Measures

None

Description

Articles state the Citizens' Bank of Kansas City, Kansas, 'suspended July 17, 1893' and has been in the hands of a receiver since then; later articles (1897–1898) discuss receiver actions and suits, indicating the bank remained closed and in receivership. No run is described; cause of suspension is not specified in the articles (classified as 'other').

Events (4)

1. July 17, 1893 Receivership
Newspaper Excerpt
W. H. Bridgens, receiver of the Citizens' Bank of Kansas City, Kas., which suspended July 17, 1893, began suit ... W. H. Bridgens, receiver of the Citizens' Bank of Kansas City, Kan., has made his report ... shows salary of the receiver ... and $6,154 for attorney fees ... The Citizens' Bank of Kansas City, Kan., has been in the hands of a receiver for some time. (1897 article snippets).
Source
newspapers
2. July 17, 1893 Suspension
Cause Details
Article states suspension date but gives no specific cause for the suspension.
Newspaper Excerpt
W. H. Bridgens, receiver of the Citizens' Bank of Kansas City, Kas., which suspended July 17, 1893, began suit...
Source
newspapers
3. July 14, 1897 Other
Newspaper Excerpt
Receiver ... began suit ... to recover $1,750 under the stockholders' liability law of Kansas.
Source
newspapers
4. July 22, 1897 Other
Newspaper Excerpt
The receiver of the Citizens' bank, of Kansas City, Kan., has made his report ... salary of the receiver and his expenses, amounting to $1,903, and ... $6,154 for attorney fees.
Source
newspapers

Newspaper Articles (4)

Article from Kansas City Journal, July 14, 1897

Click image to open full size in new tab

Article Text

DOUBLE LIABILITY LAW. Receiver of the Defunct Kansas City, Kas., Bank Sues Milton Welsh to Recover $1,750. W. H. Bridgens, receiver of the Citizens' Bank of Kansas City, Kas., which suspended July 17, 1893, began suit in the Jackson county circuit coart yesterday against Milton Welsh to recover $1,750 under the stockholders' liability law of Kansas. Mr. Welsh owned $1,000 worth of stock in the defunct bank, on which he paid a stockholders' assessment of $250. The Kansas law provides that after the receiver has had one year in which to realize on assets and fails to realize sufficiently to pay off the debts of the institution, he may bring suit against stockholders, who are liable for double the value of their stock.


Article from Abilene Weekly Reflector, July 22, 1897

Click image to open full size in new tab

Article Text

Pays Dearly for Legal Advice. TOPEKA, Kan., July 17.-The receiver of the Citizens' bank, of Kansas City, Kan., has made his report to the state bank examiner and it shows two items of interest. One is the salary of the receiver and his expenses, amounting to $1,903, and the other item is $6,154 for attorney fees for the same length of time,


Article from Phillipsburg Herald, July 29, 1897

Click image to open full size in new tab

Article Text

THE STATE OF KANSAS. Among the fourth-class postmasters appointed recently by Joe Bristow is A. H. Hall, at Trading Post, Lynn county. When Quantrell's band raided the little settlement at Trading Post all the leading citizens. some dozen or more men in number. were captured. the pue MOJ B up dn poots pus punoq down. Hall was standing in that rank and he was the only man who escaped instant death. Instead of being fatally shot, as the murderers supposed, he was slightly injured and "played he which sq "unssod The Chicago Times-Herald prints favorable advertisement for Kansas in states event JO dem B showle picture B -1лош up 000'000'081$ Ho pied have that gages during the last three years. Kansas and South Dakota lead with $50,000,000 indebtedness wiped out in each state; Nebraska follows with 000,and North Dakota and Iow follow with $25,000,000. Minnesota also a blue ribbon state, having re duced her debts 20 per cent in the eighteen months. Rev. William Long of Wellington over 83 years old and still preaches. He has lived in Sumner county seventeen years and has been a "circuit rider" all that time. In the seventeen years he has preached 1,100 sermons and ridden 14,000 miles in the county. Rev. Mr. Long has been a preacher years, and is said to have preached more sermons than any other living 'ивш A. D. Clewell is the first settler in Sumner county. He went there thirtydn take you PIP and 'o.Se years OM4 farm until 1870, which was the before Sumner county was surveyed. He killed buffalo in the "big herd that pastured on the valley of creek. He still lives on his original 7 farm and is prosperous. M S Horn 'H I "CI 'V ton and J. W. Boston,young men well-to-do families in Franklin ty, have started for Klondike. S sides his ticket, or money to buy 0 ticket clear through, each had $160 cash, which had been furnished I their parents, together with a outfit of warm clothing. "Two men," says the Atchisor S Globe, "living near the corner 7 Atchison and Fourteenth streets, a big row over a boy yesterday. P of the men sings in the Methodis P choir, and the other singsin the S tian choir, but both swore like ates." o W. W. Padgett, a Fort Scott be ney, has applied to the supreme 0 for the release of Oren Wray of Il city, who was sent to jail by the lice court for refusing to pay his u tax. He alleges that a city of the your ssed 07 лемод ou has Class ordinance. : Farmers in northern Doniphan A Brown counties, who plowed up thei winter wheat on account of the & stand, are now lamenting, as a fields that were left are turning : about 50 per cent better than ST expected, and will make, on an e age, about twenty bushels per acre. IC Seventeen years ago, Mrs. S. u Bailey of Atchison county ran S) point of a pen into her elbow, wher 9: eq you could puu No broken SUM 4! holl B ode share Mer V тродош a peared at the end of her thumb, 01 SEM point ped the 71 Sujuedo uodn -. charged B Sixty teachers failed in the EN state teachers examination at Topeka JC As only 135 tried the examination, o: percentage is startling. Many u 04 peddo.r teachers stape 30 grade, and those who passed BE through by the skin of their teeth. -1 An Atchison man has been given contract to furnish $100,000 worth @ lumber for the building of a grain et vator on the American plan in S1 chester. England. The contract be filled by the lumber mills of The secretary of state has granted charter to the Kansas City and 91 enworth Traction company for *0 building and operation of an electri -I road between the two cities B capatal stock is $250,000. July 1 there were 901 prisoners s] the Kansas penitentiary, the 70 number since the Federal prisoner were removed three years ago. *A large number is due to the heavy II crease from Oklahoma. p The marriage of Miss Effie Scott, -1 sister of ex Senator Charles F. to Professor Ed Franklin occurred TO week at Denver. Both are teachers u the State university. S1 The Citizens' Bank of Kansas City 9: Kan., has been in the hands of a 71 ceiver for some time. The report the bank commissioner shows that p receiver was paid $1,903 as salary p the 04 pied SUM BS I'98 that Edith Fennell of Sedgwick count asks for a divorce from her husband Thomas, on the ground that when r asked for her hand and married he concealed the fact that he B. "sq 03 subject Judge Foster of the United court is now the fifth oldest presiding district judge in the United States,


Article from The Advocate and News, February 23, 1898

Click image to open full size in new tab

Article Text

Receivers Are Costly Luxuries. Bank Commissioner Breidenthal did well when he secured the adoption of a provision in the banking law, which he presented to the last Legislature, which gives him authority to require reports of and examine into the condition of banks in the hands of a receiver. He is doing better in seeing to it that the old-fashioned robbery of creditors is stopped. In case after case enormous portions of the assets of suspended banks have been squandered by the receivers and attorneys in the most reckless fashion. He has just had a round-up with the receiver of the Citizens' Bank of Armourdale in which case the "skinning process," as Examiner Waterman calls it, was in full operation. In this case not a cent has been paid to creditors, but attorneys and receiver have bills piled up amounting to $7,250. He objects strongly to such a' course and is taking steps to get the money which can be secured from the assets into the hands of the creditors, where it belongs. He is doing right.