Commercial State Bank - Lindsborg, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 1, 1932*
Location: Lindsborg, Kansas (38.574, -97.674)

Metadata

Model: gpt-5-mini
Short Digest: 3642f147

Response Measures

None

Description

Article reports a payment of a dividend by the state bank receiver to Commercial State Bank (Lindsborg) on June 30, 1932, indicating the bank had been closed and placed in receivership. No run is described in the article.

Events (2)

1. June 1, 1932* Suspension

Cause: Government Action
Cause Details: Bank was placed in receivership by the state bank receiver (state action leading to suspension).
Newspaper Excerpt: The Commercial State at Lindsborg will receive 10 per cent June 30
Source: newspapers

2. June 30, 1932 Receivership

Newspaper Excerpt: The Commercial State at Lindsborg will receive 10 per cent June 30, ... C. W Johnson, state bank receiver, will pay a per cent dividend ... .
Source: newspapers

Newspaper Articles (1)

1. June 24, 1932 Council Grove Republican Council Grove, KS

Article from Council Grove Republican, June 24, 1932

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Article Text

MAKE BANK PAYMENTS Topeka, June 24-C. W Johnson, state bank receiver, will pay a per cent dividend to the Citizen State bank of Belle Plaine today. The Commercial State at Lindsborg will receive 10 per cent June 30, the Peoples State of Hoisington 20 per cent the same day, the Buffalo State and the Webber State 10 per cent each on July 2.