6759. Exchange Bank (Kinsley, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 29, 1899
Location
Kinsley, Kansas (37.923, -99.410)

Metadata

Model
gpt-5-mini
Short Digest
a6a8807a

Response Measures

None

Description

Newspaper items indicate the Exchange Bank in Kinsley was already defunct and placed in receivership; the receiver (Scott Yeatman) filed a final report (Dec 1899) and was later discharged with remaining funds to be apportioned to creditors (Jan 1900). No run is mentioned. Classified as a suspension leading to closure (receivership).

Events (2)

1. December 29, 1899 Receivership
Newspaper Excerpt
He has closed up his business affairs here having sold his interest in the real estate business to Mr. Wilson and made his final report as receiver of the defunct Exchange bank to the court.
Source
newspapers
2. January 5, 1900 Other
Newspaper Excerpt
On application the receiver of the Exchange bank was discharged and Mr. Hine was directed by the court to apportion the remaining money to the creditors and pay it into the court for the clerk to distribute.
Source
newspapers

Newspaper Articles (2)

Article from The Kinsley Graphic, December 29, 1899

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Article Text

Mr. Scott Yeatman left our city for Lawrence, Kans., Saturday morning. But few of those who saw his departure realized that it is extremely unlikely that we shall ever see him in our midst again. He has closed up his business affairs here having sold his interest in the real estate business to Mr. Wilson and made his final report as receiver of the defunct Exchange bank to the court. His departure is universally regretted. After visiting in Lawrence for a time he expects to go to Bogota, Colombia, South America, where he has a brother in the railway business. Beyond this his plans are undecided, he may make his home there or return to Lawrence, where his daughter resides.


Article from The Kinsley Graphic, January 5, 1900

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Article Text

Court Notes. The case of the state against David Bear, for the murder of his son, was dismissed at the cost of the state, Edgar being present to prove that he was not dead. John Kelly, who was charged with stealing a horse at Fellsburg, plead guilty and was sentenced to the state reform school or the Hutchinson reformatory, which means that if, for any reason, he can not be received at the reform school, he will be taken to Hutchinson. He Mill be held till the authorities think he is cured of the stealing habit and then discharged. The case which excited the most interest was the Bear vs. Cunningham C DW case. A large number of witneses were in for each side, but after listening to the testimony the jury took only about five minutes to decide that the heifer in dispute belonged to Cunningham. The court costs in this case amount to $136.90, which Beare will have to pay in addition to his attorney's fees. The case of J. J. Thomas vs. William Shadwell was decided in favor of Thomas. In this case there was a dispute as to wages due, the amount in dispute being but a few dollars, but the costs have run up to about $70, which Mr. Shadwell will have to pay in addition to the judgment. On application the receiver of the Exchange bank was discharged and Mr. Hine was directed by the court to apportion the remaining money to the creditors and pay it into the court for the clerk to distribute. The case of Shadwell vs. Topliff was decided in favor of Shadwell, the jary allowing him $425. The history of this case is this: Mr. Shadwell bought the old Jake Schmidt property for $2,500, but when it came to making a deed Topliff failed to make a satisfactory deed, and Shadwell brought suit to recover the money paid out in improving the property and for the damages he had sustained in selling off his property in the country and moving to town. The attorney headed off this latter feature by coming into court and offering to make a satisfactory deed, pay all the court costs and Shadwell's attorneys. Shadwell's attorneys refused to accept this for him, which showed that Shadwell did not want to carry out the original deal so the jury gave a compromise verdict on the amount that had been expended for the betterment of the property. Topliff's attorney then, in the presence of witnesses, demanded possession of the property in the name of his client.