6769. Bank of Lakin (Lakin, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 14, 1887
Location
Lakin, Kansas (37.941, -101.255)

Metadata

Model
gpt-5-mini
Short Digest
5fafeb01

Response Measures

None

Description

Contemporary reports (Nov 14–16, 1887) state the Bank of Lakin 'closed its doors and made an assignment' (i.e., failed and assigned assets). No article mentions a depositor run prior to the closure. Assignment indicates failure/receivership, so classified as a suspension/closure with receivership.

Events (2)

1. November 14, 1887 Receivership
Newspaper Excerpt
has closed its doors and made an assignment. No statement is given further than that a settlement will be made as soon as the assets can be realized on.
Source
newspapers
2. November 14, 1887 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed and made an assignment (insolvency/failure); no run reported in articles.
Newspaper Excerpt
the Bank of Lakin, Kan., has closed its doors and made an assignment.
Source
newspapers

Newspaper Articles (3)

Article from The Indianapolis Journal, November 15, 1887

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Article Text

Other Failures. GARDEN CITY, Kan., Nov. 14.-A Sentinel special from Lakin announces that the Bank of Lakin, Kan., has closed its doors and made an assignment. No statement is given further than that a settlement will be made as soon as the assets can be realized on. KANSAS CITY, No. 14.-The Burnes-ChardStore-furniture Company assigned to-day. Lia bilities, $40,000; assets, $25,000. The failure was caused by slow collections.


Article from The Portland Daily Press, November 16, 1887

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Article Text

GENERAL NEWS. The English residents of Newport are taking an interest in the matter of naturalization. Ten Williams College students concerned in the hazing of Choate, have been suspended. A New York woman has been mortally wounded by her hat piercing her brain. Rev. Joseph Parker of London, now lecturing in this country, says he is intensely impressed with American energy. The Christian Endeavor Society has grown in New York within a year, from 90 branches and 3000 members to 413 branches and 21,000 members. Two men entered the house of widow J. B. Lawrence at Beach Hill, N. H., Monday night and demanded money. The widow resisted and was badly choked. The burglars became frightened and fled without booty. The widow had drawn funds from the bank Monday. She lived alone. A fight occurred Sunday between a sheriff's posse and old Willis Connors, the famous outlaw of Eastern Texas at Hemphill. It resulted in the death of Connors and his ten years old grandson. Connors was the father of nine sons, eight of whom have been killed during the last five years in fights with officers. The bank of Lakin, Kansas, has assigned. No statement is given. Dartmouth students ask the trustees to request the resignation of the college pastor, Rev. Dr. Leeds. Ex-State Treasurer Vincent of Alabama, who defaulted and fled the State in January, 1883, has been convicted and senteneed to five years in the penitentiary, in addition to the ten years imposed on the first two indictments. The remaining 36 cases were dismissed. Forty brakemen on the Chicago, Milwaukee & St. Paul railroad have struck, refusing to go out on double-headers.


Article from Dodge City Times, December 1, 1887

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Article Text

KANSAS STATE NEWS. THE Bank of Lakin has assigned and closed its doors. A MOTION for an alternative writ of mandamus was made in the Supreme Court the other day by the attorney for Robert Crawford, a colored resident of Fort Scott, to compel the board of education of the city of Fort Scott and D. Bemis, superintendent of the public schools of that city, to admit Buford Crawford, a son of the petitioner, as a pupil of the Wilson street school. The writ was granted by Judge Valentine, returnable December 15. LATE post-office changes in Kansas: Established. Eatonville, Cowley County, William M. Smith, postmaster; Idenbro, La. bette County, Thomas T. Iden. postmaster. Named changed, Leny, Summer County, to Milton. Discontinued, Belfast, Gray County; Brooklyn, Barton County; Lone Walnut, Lincoln County; Prosper, Ellsworth County; Sweet Home, Smith County. THE striking miners of the Leavenworth Coal Company returned to work the other morning, the company having granted the raise asked for, and also allowing the men to have a check weigher. The men gained all they sought, and the company seemed willing to grant it. THE annual report of the Southern Kansas Railway Company was filed recently with the State Board of Railroad Commissioners. The total earnings for the year are shown to have been $2,337,953.28; the operating expenses were $1.326,317.13. The construction account for the year amounted to $4,023,596.33. PENSIONS were allowed the following Kansans on the 18th: James H. Doile, of Emporia; Charles A. Stine, of Douglas; Jehial R. Smith, of Kirwin; Robert N. Farnsworth, of Winfield; Andrew J. Manly, of Dodge City; David M. Howell, of Mulvane: Charles Carman, of Rock; James H. Lawson, of Elgin; Robert White, of Huron: Dennis Kenny, of Independence; Hugh C. Vandever, of Oxford; Napoleon B. Sims, of Kingman, and George J. Peace, of Burlington. A SAD accident was recently reported from the vicinity of Scott City. It was that a two-year-old child of F. L. Hithmeyer, living near that town, fell into a well tube which 18 110 feet deep. For eighty feet the pipe is one foot in diameter, and then it contracts to eight inches. The child slid down eighty feet and lodged. The neighbors were notified, but were not successful in recovering the child by fishing. They commenced digging down along the tube, and it would take at least twenty-four hours for willing and industrious hands to reach the imprisoned little sufferer, whose crios could be plainly heard. FAME fires have done considerable dan-ge in Kearney County recently. One farmer had 125 tons of hay and 100 acres of pasture destroyed and another lost 300 tons of hay. THE State Prohibition Central Committee will meet in Representative Hall, Topeka, December 13 and 14, to make plans for the campaign of 1888. A LATE fire at Topeka badly damaged the residence of Councilman Lull. The house cost $6,000 and there was an insurance of $2,000 on the property. THERE are 38 Lutheran church organizations in Kansas, with an aggregate membership of 2,082. THE people of Wyandotte, Kansas City Kan., Armstrong and Armourdale have of latebeen much worked up over the matter of free mail delivery. Wyandotte proper has free mail delivery, but not so with the other members of the consolidated city. The trouble seems to be over the change of name by which the new city became Kansas City. Kan. Wyandotte, Armstrong and Armourdale each has a post-office and old Kansas City is supplied from Kansas Cily, Mo. By this means the new city of Kansas City, Kan., is supplied with mail from four different post-offiees. The postal authorities have finally taken hold of the matter. MRS. J. W. MURPHY, in recently lighting her gasoline stove at her home in Arkansas City, turned on too much gasoline and when she touched a match to the burner an explosion took place. The flames caught her dress and before assistance reached her she was badly burned. FIRE in Vogel Bros.'s box factory at Leavenworth the other night resulted in a damage to the stock of about $4,000 and on the building of $1,000. Partial insurance on the stock; full insurance on the building. ON the evening of the 20th Messrs. O'Connor and Esmond, members of the British Parliament, addresed a large audience at Topeka in behalf of home rule in Ireland. A large sum was subscribed for the relief fund. THE suit of J. B. Watkins against the National Bank of Lawrence for an injunction restraining the bank from loaning money to the Western Farm Mortgage Company was withdrawn by plaintiff when it came up for trial in the district court of Douglas County the other day. A SINGULAR problem has arisen in the district court of Wyandotte County. The extraordinary number of jurymen required in the train-wrecker cases exhausted the entire list of nine hundred regular jurors whose names were placed in the jury box at the beginning of the year. Tue result is that the box is empty, and two terms of court must sit before another list can be prepared. This is the first time in the history of the State that the jury list of any district court has been exhausted, and the question presented was, how might a lawful jury be impaneled? AT the late Irish home rule meeting at Leavenworth addressed by O'Connor and Esmonde, members of Parliament, a collection realized $1,000. DANFORD, the well-known Kansas bank wrecker, is said to be plying his vocation in several other States. He is reported to be worth $250,000, all the profits of his peculiar method of banking. A MAN who claimed to be a heavy owner of Kansas City real estate was recently fined in the Leavenworth police court for vagrancy. THE dog census of Shawnee County shows the canine population to be 3,395, of these 1,222 yelp in the city of Topeka. PATENTS recently issued to Kansas inventors: Cable grip, Leon D. Libbey, of Wyandotte; signal for telephone instruments, John M. Baker, of Paola; force pump, Hiram Q. Hood, of Wellington: music leaf turner; John T. Carrington, of Clay Center: device for spooling fence wire, Homar