National Bank - Lawrence, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 1590
Charter Number: 1590
Start Date: April 12, 1893
Location: Lawrence, Kansas (38.972, -95.235)

Metadata

Model: gpt-5-mini
Short Digest: a0b8a760

Response Measures

None

Description

Article is a court opinion about the National Bank of Lawrence being placed in liquidation (shareholder vote) and discusses closing/liquidation. No mention of a depositor run; closure appears to be via voluntary liquidation and legal proceedings. Publication date used as event date.

Events (3)

1. October 14, 1865 Chartered

Source: historical_nic

2. June 29, 1889 Voluntary Liquidation

Source: historical_nic

3. April 12, 1893 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank placed into liquidation by shareholder vote (two-thirds), followed by court proceedings regarding receivership and distribution of dividends; closure via liquidation rather than depositor run or regulatory shutdown.
Newspaper Excerpt: A national bank may go into liquidation and be closed by a vote of its shareholders owning two-thirds of its stock
Source: newspapers

Newspaper Articles (1)

1. April 12, 1893 The Advocate and Topeka Tribune Topeka, KS

Article from The Advocate and Topeka Tribune, April 12, 1893

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Article Text

J. B. Watkins vs. The National Bank of Law rence, et al. Error from Douglas County. AFFIRMED. SYLLABUS. BY THE COURT. JOHNSTON, J. 1. Facts conceded by the pleadings and accepted as true in the district court cannot be made subjects of controversy in the supreme court. 2. A national bank may go into liquidation and be closed by a vote of its shareholders owning two-thirds of its stock, and this right may be exercised although it may be contrary to the wishes and against the interests of the owners of the minority of the stock. 3, A party who, with full knowledge of all the steps taken in placing a bank in liquidation, receives and retains a dividend paid by the officers in control of the liquidating bank, will not be heard to deny the validity of the liquidation. << The appointment of a receiver rests largely within the discretion of the court and before