6773. Larned State Bank (Larned, KS)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
March 11, 1890
Location
Larned, Kansas (38.181, -99.099)

Metadata

Model
gpt-5-mini
Short Digest
80ea9d0c

Response Measures

None

Description

The Larned State Bank suspended payment in mid-March 1890 (articles give March 11–12) and a receiver was appointed; in early April (Apr 8–12) multiple reports state the bank was reorganized, receiver discharged, and it resumed business. No article describes a depositor run preceding the suspension.

Events (3)

1. March 11, 1890 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended payment and a receiver was appointed; liabilities listed ~$33,000 with preferred notes secured to National Bank of Commerce (issue of preferred claims cited).
Newspaper Excerpt
LARNED, Ks., March 11.-Larned state bank suspended payment today.
Source
newspapers
2. March 12, 1890 Other
Newspaper Excerpt
Individual depositors will make an assignment tomorrow to A. A. Sharp, who will endeavor to straighten up the affairs of the bank in such a way as to pay all depositors in full.
Source
newspapers
3. April 8, 1890 Reopening
Newspaper Excerpt
The Larned State Bank ... has been reorganized ... On application of the depositors, Judge Vandivert discharged the receiver, and the bank will resume business to-day with sufficient funds to meet all demands.
Source
newspapers

Newspaper Articles (15)

Article from Evening Star, March 12, 1890

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Article Text

Western Creditors Preferred. LARNED, KAN., March 12.-The Larned state bank suspended payment yesterday. Assets, $71.000; liabilities, $33,000, of which $13,000 are preferred notes, secured in favor of the National Bank of Commerce of Kansas City.


Article from The Seattle Post-Intelligencer, March 12, 1890

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Article Text

LARNED, Ks., March 11.-Larned state bank suspended payment today. Assets, $175,000; liabilities, $138,000.


Article from St. Paul Daily Globe, March 12, 1890

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May Pay Depositors in Full. LARNED, Kan., March 11. - The Larned State bank suspended payment to-day. The assets are $71,000. Of the $33,000 liabilities, $13,000 are preferred notes secured in favor of the National Bank of Commerce of Kansas City. Individual depositors will make an assignment tomorrow to A. A. Sharp, who will endeavor to straighten up the affairs of the bank in such a way as to pay all depositors in full.


Article from Alexandria Gazette, March 12, 1890

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Telegraphic Brevities. The adjourned trial of Isaac Sawtelle at Rochester, N. H., for the murder of bis brother Hiram, was begun to-day. Deputy Sheriff Davis McCorry and Ward. en Keating, of Ludlow street jail, New York, were to-day indicted by the grand jury on charges of bribery. White and Black rivers in Arkansas are OD the rampage. Both are out of their banks and overflowing the country on each side for miles, and a general inundation is looked for. The President this afternooon appointed John B. Weber, of Buffalo, Commisioner of Immigration, and General J. R. O'Beirne First Assistant Commissioner of Immigra tion. The directors of the Western Union Telegraph Company to day declared a quar terly dividend of 11 per cent. payable April 15. William Waldorf Astor was elected 8 director to fill the vacancy caused by the death of his father. Last Sunday the two-year-old child of John Blunt, a farmer near Stockton, Kas., found a bottle of laudanum and drank a quantity of it. The child died in a short time. The next day Mrs. Blunt, crazed by the death of her child, drank the rest of the poison remaining in the bottle. She cannot recover. Mr. Blunt is prostrated, and his friends are watching him lest he, too, may commit suicide. Pickthall, who disappegred a few weeks ago from Woodstock, Ont., has written to his wife from Arizona. Mrs. Pickthall has no doubt that he has nothing to do with Burchell, the Benwell murderer. Back Murray, who shot and killed a policeman last week, having been surprised by the officer while engaged in drilling a safe in a grocery store, was arrested at Cleveland, O., to-day. Three colored people, one a preacher and one a woman, while returning from 8 prayer meeting near Kansas City last night, were run over by a train and killed. The revenue cutter Colfax arrived off Wilmington, N. C., last night, having in tow the dismasted Italian barkentine Antonio, which she picked up at sea. It is now known that 88 persons lost their lives by the explosion on Monday in the Morsa colliery in Glamorganshire, Wales. The Larned, Kansas, State Bank suspended pay. ment yesterday. Of the $33,000 liabilities $13,000 are on preferred notes. Jacob Fuller, 75 years old, librarian of the Washington and Lee University at Lexington, Va, died this morning. The peach orchards of Michigan have been badly damaged by the cold weather.


Article from The Wheeling Daily Intelligencer, March 13, 1890

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State Bank Suspends. LARNED, KAS., March 12.-The Larned State Bank suspended payment to-day. The assets are $71,000. Of the $33,000 liabilities $13,000 are preferred notes secured in favor of the National Bank of Commerce of Kansas City.


Article from Telegram-Herald, March 13, 1890

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Bank Failure at Larned, Kan. LARNED, Kan., March 12. - The Larned State Bank suspended payment Tuesday. The assets are $71,000. and of the liabilities, which amount to $33,000. $18,000 are preferred notes, secured in favor of the National Bank of Com. merce of Kansas City. Individual depositors will make an assignment to A. A. Sharpe.


Article from Pittsburg Dispatch, March 13, 1890

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LATE NEWS IN BRIEF. -The Roumanian Parliament has expressed confidence in the Ministry. -Michigan peach groweis join in the chorus that the fruit crop is ruined. -The Larned, Kas., State Bank has failed. Liabilities, $33,000: assets, $11,000. -The King of Dahomey, with his Amazons, is retreating. being afraid to attack the French posts. -Mrs. Robert Ray Hamilton, the heroine of the famous New York baby case, has petitioned for a pardon. -"Buch" Murray, the burglar who shot and killed a Detroit policeman last week, has been arrested in Cleveland. -It is now known that 88 persons lost their lives by the explosion in the Morsa colliery, in Glamorganshire, Wales. -Ashmead Bartlett denies Mr. Sexton's statement that he bargained with Pigott for contributions to the Englishman, a newspaper edited by Bartlett. -Congressman Butterworth spoke for and Congressman Mason against the bill taxing and branding compound lard, before the House Committee yesterday. -The German Government will shortly notify the other powers that she has taken the islands of Manda and Patta off the east coast of Africa under her protection. -While returning from a prayer meeting at Armstrong, Mo., Rev. David McGrew, Mrs. Andrew Beyman and Will Jackson, all colored, were run over by a train and killed. -The new Brazilian Government has authorized the National Bank and the Bank of Brazil to issued 50,000,000 milreis in paper each, to be redeemable in gold as soon as exchange permits. -The Secretary of the Treasury has appointed Mr. John Scanlon, of Chicago, to be a special agent of the Treasury. Mr. Scanlan is regarded as an authority on tariff questions and passed a very good examination. -A large vote was polled at the Sacramento city election yesterday. W. D. Comstock, Democrat, defeated E. J. Gregory, Republican candidate for re-election as Mayor, by 41 votes. The remainder of the Republican ticket was elected by a large majority. -At Roanoke, Va., Miss Nora Wooten went to the residence of Dr. H. A. Sims, a physician, and placed a pistol to his face and fired. The bullet struck the doctor's cheek bone and glanced off, without inflicting serious injury. About two weeks ago Miss Wooten was adjudged insane by a commission of lunacy, but was not deprived of her liberty. -The great Dorrie iron mine, the largest producer in th world, 18 idle. Its 1,000 employes have struck. The tramway men struck Tuesday for higher wages. And yesterday the miners refused to send an ounce of ore to any tramway men except to those on strike. Both sides are determined and the fight seems destined to be a long one. Most of the strikers are foreigners. -Last Sunday the 2-year-old child of John Blunt, a farmer near Stockton, Kas., found a bottle of laudanum and drank a quantity of it. The child died in a short time. The next day Mrs. Blunt, crazed by the death of her child, drank the rest of the poison remaining in the bottle. She cannot recover. Mr. Blunt is prostrated and his friends are watching him lest he, too, may commit suicide. -John Charles Rykert, member of the Canadian Parliament, has been impeached for corruptly using his position as a member of Parhament and a supporter of the Government to influence the Government in securing for a friend of his. named Adams. a valuable tract of timber land in the Northwest Territories for a nominal sum, out of which transaction Rykert received, as his share, $90,000.


Article from The Sun, March 13, 1890

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Article Text

Fallure of a Bank. LARNED, Kan., March 12.-The Larned State Bank suspended payment yesterday. The assets are $71,000. Of the $33,000 liabilities. $13,000 are preferred notes secured in favor of the National Bank of Commerce of Kansas City. Individual depositors will make an assignment to-morrow to A. A. Sharp. who will endenvor to straighten up the aflairs of the bank in such a way as to pay all depositors in full.


Article from West Virginia Argus, March 20, 1890

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South and West. THE warehouse of the B. C. Clark Crock ery Company at Kansas City, Mo., has been burned with a loss of $102,000. CHARLES WILLIAMS and his twelve-year old son were found murdered in their bed at their home in Galena, Kan. Williams was blind and lost both arms in a mino accident. THE Mississippi levees were reported broken in Arkansas. THE house of Charles Gibson (colored) in Beaufort County, S. C., has been destroyed by fire. His wife and a child perished in the flames. Two trains collided near Inland, Neb., and Conductor Grant Norton and Brakeman Canada Miller were killed and eighteen cars were wrecked. THE fivestory building in Cincinnati, Ohio, owned and occupied by Stern, Mayer & Co., has been completely gutted by fire. Loss about $300,000. BILL ALLEN and Witherford Trying, two colored men charged with the murder of Constable Belcher, were taken from the Mercer County (W. Va.) jail, and shot to death. THE Missouri Anti-Trust law has been pronounced unconstitutional by Judge Dillon in the United States Circuit Court at St. Louis. THE United States steamer Iroquois arrived at Port Townsend, Wash., disabled, after beating against head winds nearly four months NORTH CAROLINA has funded $11,000,000 of the old State debt into new four per cents. There is now only $1,600,000 of the old debt outstanding. THE Larned State Bank, of Larned, Kan., has suspended payment. The assets are $71.000, and the liabilities $33,000. FRANK MILLER was instantly killed and Alfred Westergren had hisskull crushed by the fall of a derrick at Ortonville, South Dakota THE Chicago, Burlington and Northern Railroad has been bought by the Chicago, Burlington and Quincy. DAVID McGREW pastor of the colored Baptist Church at Armstrong, Mo. Andrew Begman, and Will Jackson, all colored, were run over by the Union Pacific train and killed Six prisoners have escaped from the county jail at Eau Claire, Wis. They were all burglars. THE trial in San Francisco of Mrs. Sarah Althea Terry for resisting the United States Marshal has concluded. The jury failed to agree on a verdict. THE lower Mississippi has overflowed its banks in many places, causing much damage. JUDGE ANDREW J. DAVIS, Montana's richest citizen. has just died, leaving an estate valued from $6,000,000 to $10,000,000. A MYSTERIOUS malady, believed to be spotted fever, is prevailing in Jefferson County, Tenn. The contagion has broken out in Carson College. Four deaths have occurred. VERNON HAY and George Pollard, two runaway pupils from the Illínois State Institution for Deaf Mutes, were run over by a train at Jacksonville, III. Hay was killed and Pollard severely hurt. HENRY NURRE, a farmer of Clinton County, Iowa, was found murdered in his house and his wife seriously wounded. The murderer is not known SPECIAL PENSION EXAMINER REIGART'S friends at Maysville, Ky. gave him a banquet on the occasion of the anniversary of his accession to office. Upon taking his first mouthful of food he was seized with violent coughing and was strangled to death by a piece of meat which had lodged in his wind pipe.


Article from The Telegraph-Courier, March 20, 1890

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A Kansas Bank Suspends. The Larned State Bank, of Larned. Kan., has suspended payment. Its liabilities are $33,000. and its assets $71,000.


Article from Fisherman & Farmer, March 28, 1890

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South and West. THE Larned State Bank, of Larned, Kan., has suspended payment. The assets are $71,000, and the liabilities $33,000. FRANK MILLER was instantly killed and Alfred Westergren had his skull crushed by the fall of a derrick at Ortonville, South Dakota. THE Chicago, Burlington and Northern Railroad has been bought by the Chicago Burlington and Quincy. DAVID MCGREW, pastor of the colored Baptist Church at Armstrong, Mo.; Andrew Begman, and Will Jackson, all colored, were run over by the Union Pacific train and killed. Six prisoners have escaped from the county jail at Eau Claire, Wis. They wereall burglars. THE trial in San Francisco of Mrs. Sarah Althea Terry for resisting the United States Marshal has concluded. The jury failed to agree on a verdict. THE lower Mississippi has overflowed its banks in many places, causing much damage. JUDGE ANDREW J. DAVIS, Montana's richest citizen. has just died, leaving an estate valued from $6,000,000 to $10,000,000. A MYSTERIOUS malady, believed to be spotted fever, is prevailing in Jefferson County, Tenn. The contagion has broken out in Carson College. Four deaths have occurred. VERNON HAY and George Pollard, two runaway pupils from the Illinois State Institution for Deaf Mutes, were run over by a train at Jacksonville, Ill. Hay was killed and Pollard severely hurt. HENRY NURRE, a farmer of Clinton County, Iowa, was found murdered in his house and his wife seriously wounded. The murderer is not known. SPECIAL PENSION EXAMINER REIGART'S friends: Maysville, Ky., gave him a banquet on the occasion of the anniversary of his accession to office. Upon taking his first mouthful of food he was seized with violent coughing and was strangled to death by a piece of meat which had lodged in his windpipe. THE L. Banerle Company's woodenware factory at Petoskey, Mich., has been burned. Loss, $100,000. THE machine shops of the Hocking Valley Railroad were burned at Columbus, Ohio, with a loss of $150,000. ANDREW A. HOLT, a noted smuggler and pirate on Puget Sound, was fatally shot on his sloop near Seattle, Wash., while resisting arrest. FRANK M. LEGGETT and William L. Crockett were instantly killed and Arch Ure fatally hurt by the falling of a cage in a coal mine at Alma, Kan. Two men were instantly killed by a landslide near Charleston, W. Va. "BoB" RAINES. a white man, was hanged at Somerville, Ala., for the murder of his brother, the Rev. George Raines, pastor of a Baptist church. THE Victoria sealing fleet has resumed its poaching operations in the North Pacific. A FIRE starting from an overturned stove in B. T. Tawkins's dry goods store at Kirkville, Mo., destroyed that building, the First National Bank building and several other business structures. The total loss is $200,000. GABRIEL, a Mission Indian, who was 150 years old, has died at the Monterey County Poorhouse, Cal. THE Utah Legislature passed a memorial to Congress censuring the Governor for vetoing election bills, and asking Congress to enact the vetoed measures. A TRAIN struck the team of Henry Boes, at Holland, Mich.. killing Boes instantly and fatally injuring his wife.


Article from Abilene Weekly Reflector, April 10, 1890

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The Larned Bank to Resume. LARNED, Kan., April 8.-The Larned State Bank, which closed its doors and passed into the hands of a receiver a short time ago, has been reorganized, with W. G. Reeve, of Peru, Ill., president; G. W. Herwell, vice-president, and W. S. Park, cashier. On application of the depositors, Judge Vandivert discharged the receiver, and the bank will resume business to-day with sufficient funds to meet all demands.


Article from Baxter Springs News, April 12, 1890

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KANSAS STATE NEWS. PATENTS lately granted to Kansas inventors: John P. Anderson, Olesburg, snap hook; George McAllister, Sterling, wheat steaming and heating machine; Andrew Rowan, Buffalo, vehicle wheel; Albert C. Sims, Winona, weather strip; Heinrich Sommerfeld, Canton, car coupling. THE other morning John Bobzine, and Ross Hawley, living seven and a half miles north of Coffeyville on adjoining farms, quarreled and fought, when Hawley struck Bobzine on the head with a fence rail, killing him instantly. Bobzine was an old settler, having located 6981 up his uo PROF. ROBERT HAY has been down the shaft and personally measured the first 1001 460 to call Allma JO veľu working and found it twenty inches in thickness. He says that they undoubtedly have semi-anthracite at the lower depth to which the shaft is being sunk. THE Governor has offered a reward of $350 for the arrest and conviction of the person or persons guilty of the murder of Mrs. Teressa Mettman, at Leaven88 Marroh uo '43.10M ROBERT FISCHER, aged forty, recently took morphine at Leavenworth and died soon after. He left a wife and four children. He had used some of the funds of the Cigar Maker's Union. which he was unable to make good and so ended his troubles with morphine. FOR some time previous to the death of Governor Nehemiah Green, the sword worn by him during his service in the Union army in the war of the rebellion had been in the keeping of Manhattan lodge No. 17, I. O. O. F. The lodge recently presented the sword to the State Historical Society, accompanied by a handsome silver plate bearing an appropriate inscription. THE women of Edgerton. after a warm campaign at the late municipal election, succeeded in electing their ticket as follows: Mayor, Mrs. W. H. Kelly; police judge. Mrs. Thomas Greer; Council, Mrs. S. E. Ewart, Mrs. Stewart, Mrs. Holden, Mrs. Nat Ross. Mrs. Brown. 8 JO леимо Lackson, решеи NVR V sheep and cattle ranch fifteen miles southeast of Liberal, was lately fightexectte os because pus ere pretrie U But that his neighbors induced him to mount his horse to ride home, but his animal threw him just as he started, he fell against a wire fence and a barb stuck into his temple. He got up and declared. laughingly, that he was not hurt, but spasms set in and continued for several hours when he died. He leaves a wife and two children. FORMAL complaint has been made against John Mettman, the husband, and Mrs. Routzahn. the daughter, charging them with the murder of Mrs. Metiman. who was recently found dead and so horribly mutilated at Leavenworth. The accusation and arrest completely prostrated Mrs. Routzahn, and pus Physically eq 01 a SBM eqs mentally in a critical condition. THE other night Officers Wilson and Wellman went to arrest William Haddock, a young Topeka negro, for grand larceny. Wellman produced a warrant for his arrest and Haddock immediately raised a musket and said: "The first man that offers to cross this door is a dead man." No sooner had he said this than Wellman fired, the ball entering the negro's left breast, coming out at the back and producing a fatal wound. THE Larned State Bank, which recently failed, has been reorganized and again resumed business. MRS. CYNTHIA MILLER, an old settler of Wichita, died the other day at the years. jo ese THERE was a biter contest formember of the school board from the Fourth ward in Leavenworth, at the late election, and when the City Council met to canvass the vote it was discovered that the returns from the first precinct of the ward were missing, which completely changed the result. The returns had been stolen, but had not been traced up. A LATE meeting of the board of directors of the Hutchinson, Oklahoma & Gulf railway in Chicago has resulted in pushing forward the construction of the road through Harper and Kingman Counties. uo sujuuns trains have 04 pesodord sp +1 the new road June 1. It is reported that the road will be operated by the Union Pacific, which has long desired to control a line penetrating Southern Kansas and the Indian Territory. THE old soldiers and citizens of Barton County at the campfire of Pap Thomas post G. A. R. in Great Bend the other day, passed resolutions favoring the more liberal issue of pensions and demanding the immediate passage of the Ingalls-Cheadle Service Pension bill without alteration or amendment. AT a coal shaft, one mile north of Weir City, a difficulty recently occurred between Dick McIlhany, weighman, and George Barnard, trimmer, which resulted in McIlhany shooting Barnard twice-once in the right thigh, causing only a flesh wound, and the other time qµ forting the jo e.g. the 78 1sn[


Article from The Globe-Republican, April 16, 1890

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over $1,000 worth and paid on the mortgage. AT a recent meeting of the regents of the State University Prof. Frank H. Snow, who for nearly a quarter of a century has held a professorship in the institution, was unanimously chosen chancellor and the salary fixed at $4,000. Prof. Snow has accepted the position. AT the recent meeting of the ladies of the G. A. R. at Topeka officers were chosen as follows: Mrs. Emma Cartlidge, president; senior vice-president, Mrs. Irene Snider, of Oskaloosa; junior vice-president, Mrs. Leona Nugent, of Horton; treasurer, Mrs. Fanny Davis, of Topeka; chaplain, Mrs. Emma Johnson, of Leavenworth; secretary, Miss Ella Wade, of Topeka; council of administration, Mrs. Wall, of Grenola, Mrs. McClellan, of Meriden, and Mrs. Farnsworth, of Richland. A LATE meeting of the board of directors of the Hutchinson, Oklahoma & Gulf railway in Chicago has resulted in pushing forward the construction of the road through Harper and Kingman Counties. It is proposed to have trains running on the new road June 1. It is reported that the road will be operated by the Union Pacific, which has long desired to control a line penetrating Southern Kansas and the Indian Territory. THE Larned State Bank, which recently failed, has been reorganized and again resumed business. MRS. CYNTHIA MILLER, an old settler of Wichita, died the other day at the advanced age of ninety-two years.


Article from Barton County Democrat, April 17, 1890

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Mrs. Irene Snider, of Oskaloosa; junior vice-president, Mrs. Leona Nugent, of Horton; treasurer, Mrs. Fanny Davis, of Topeka; chaplain, Mrs. Emma Johnson, of Leavenworth; secretary, Miss Ella Wade, of Topeka; council of administration, Mrs. Wall, of Grenola, Mrs. McClellan, of Meriden, and Mrs. Farnsworth, of Richland. A LATE meeting of the board of directors of the Hutchinson, Oklahoma & Gulf railway in Chicago has resulted in pushing forward the construction of the road through Harper and Kingman Counties. It is proposed to have trains running on the new road June 1. It is reported that the road will be operated by the Union Pacific, which has long desired to control a line penetrating Southern Kansas and the Indian Territory. THE Larned State Bank, which recently failed, has been reorganized and again resumed business. MRS. CYNTHIA MILLER, an old settler of Wichita, died the other day at the advanced age of ninety-two years. AT a coal shaft, one mile north of Weir City, a difficulty recently occurred between Dick McIlhany, weighman, and George Barnard, trimmer, which resulted in McIlhany shooting Barnard twice-once in the right thigh, causing only a flesh wound, and the other time just at the lower edge of the floating rib on the left side. The wounds were serious. THE women of Edgerton. after a warm campaign at the late municipal election, succeeded in electing their ticket as follows: Mayor, Mrs. W. H. Kelly; police judge, Mrs. Thomas Greer; Council, Mrs. S. E. Ewart, Mrs. Stewart, Mrs. Holden, Mrs. Nat Ross, Mrs. Brown.