Manchester State Bank - Manchester, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 13, 1931
Location: Manchester, Kansas (39.095, -97.325)

Metadata

Model: gpt-5-mini
Short Digest: 55e099be

Response Measures

None

Description

Article (The Morning Chronicle, pub. 1931-01-15) reports the Manchester State Bank in Manchester, KS was closed by order of its board and the state banking department placed a deputy commissioner in charge, citing 'frozen assets.' No run or depositor agitation is mentioned; closure appears permanent/official receiver involvement implied.

Events (1)

1. January 13, 1931 Suspension

Cause: Bank Specific Adverse Info
Cause Details: 'Frozen assets' cited; bank had $10,000 capital, $2,000 surplus, $55,000 deposits and $50,000 loans; deputy bank commissioner placed in charge.
Newspaper Excerpt: MANCHESTER BANK CLOSES Topeka, Jan. 13-(/P)-The state banking department announced the closing of the Manchester State bank Manchester, today by order of its board of directors Frozen assets was given as the reason for the
Source: newspapers

Newspaper Articles (1)

1. January 15, 1931 The Morning Chronicle Manhattan, KS

Article from The Morning Chronicle, January 15, 1931

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Article Text

Presence of Mind! Because of the presence of mind of a workman who shoved a pipe through the debris when tons of rock and silt slid into the Camp Mitchell tunnel of San Francisco's water department, in Alameda county, California, all 20 of the imprisoned men are alive. Both air and food were forced to the men through the pipe. Photo shows a rescue worker being brought to the surface to pause for rest. onto and despite the attorney's obJection. engaged in conversation with Senora Escobar Vowell said he overheard General Escobar tell his wife of his allection for her and declare that he had been misjudged. When the train eached Montreal. Vowell said. the general his wife and her brother disappeared A porter told Vowell their baggage had been put onto train for Ottawa. John F. Fullivan. attorney for General Escobar. said he received telephone message from one of Escobar's associates saying that the case had been settled out of court Senora Escobar began her suit several weeks ago charging that her nusband had legal wife living when they were married in 1924 She asked a division of $200,000 which she said Escobar had in VRT- OVERNIGHT IN KANSAS. 000 bond issue for the building of park system was approved yester day by Pratt voters at special election. The proposal carried 550 to 404. The project is expected to provide work for unemployed men for the next three months. resentatives of farm organizations who comprise the Kansas Agricul tural council yesterday re-elected O O Wolf. Ottawa. as president C. C Cogswell, Pretty Prairie master of the state Grange was elected see retary The council in series of resolutions called for "every ef'ort to restore the purchasing power of agriculture;' for resubmission of the graduated income tax amendinent and for continuation of the three-cent gasoline tax "with fair and reasonable, division. fatal here yesterday to Mrs. W. M. Bishop. Her death followed by only a few hours that of her husband mail carrier. The couple was found unconscious Monday when Bishop failed to appear for work. Knute Roskne, Notro Dame football coach, will be the principal speaker at A dinner here February 6 for members of football teams from the University of Kansas. Haskell institute and Lawrence high school. Dr. F. C. Allen of the university announced that the Notr Dame coach had confirmed the date yesterday in a telephone conversa- Kansas City, Jan. 14. -W. L. Johnson, secretary of the southwest crn Interstate Coal Querators said last night that decision on a new contract with the United Mine Workers of America probably would not be forthcoming for several days He said that the conference between the two groups was making satisfactory headway. Wichita, Kan., Jan. 14. (/P)-Harold Frederick, a bookkeeper for a real estate firm, yesterday pleaded guilty to charge of forgery in the second degree and was sentenced on two charges to maximum of 10 years in the penitentiary. Frederick. trusted employe. was charged with raising his pay check from $35 to $135, obtaining a total of 2,500 in this manner. He also was charg ed with cmbezzling an additional sum of $1,500 from the firm. The sentences are to run concurently. MANCHESTER BANK CLOSES Topeka, Jan. 13-(/P)-The state banking department announced the closing of the Manchester State bank Manchester, today by order of its board of directors "Frozen assets' was given as the reason for the The-bank's latest statement showcd $10,000 capital, $2,000 surplus, $55,000 deposits. and $50,000 loans and discounts. C. D. Smmons president of the bank and I. N. Simmons is cashier. A. E. Von Tredra. deputy bank commissioner. was placed in charge of the bank. Mrs. Floyd Coder of Topcka is spending a ICW days in town