6877. Citizens State Bank (Morrill, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 1, 1931*
Location
Morrill, Kansas (39.928, -95.692)

Metadata

Model
gpt-5-mini
Short Digest
4c94fa51

Response Measures

None

Description

No article describes a depositor run. Articles report embezzlement by the cashier, the bank's failure/closure in Oct 1931, appointment of a receiver (Nov 1931), and later receiver actions/dividend payments through 1932-33. Thus this was a suspension/closure leading to receivership driven by bank-specific adverse information (embezzlement). OCR errors in snippets corrected for clarity.

Events (5)

1. October 1, 1931* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Failure/closure following discovery of substantial embezzlement by the cashier (D. E./Wagner).
Newspaper Excerpt
failed Citizens State bank of Morrill
Source
newspapers
2. October 28, 1931 Other
Newspaper Excerpt
Wagner, 43, cashier of the failed Citizens State bank of Morrill, was sentenced today ... upon his plea of guilty charges of embezzling about ... $9,356.90 ... He also pleaded guilty to seven counts charging embezzlement from the bank.
Source
newspapers
3. November 11, 1931 Receivership
Newspaper Excerpt
MORRILL KAS.-W. H. Bayless, Seneca, has been appointed receiver for the closed Citizens State bank here. It was announced that a dividend will be paid depositors soon.
Source
newspapers
4. December 17, 1932 Other
Newspaper Excerpt
closed Citizens Bank of Morrill ... sheriff levied in a case of the bank receiver against Mr. McGuire ... more than 20 pieces of property at an action to be held soon.
Source
newspapers
5. January 23, 1933 Other
Newspaper Excerpt
The closed Citizens' Bank Morrill, Kan., ... a dividend will be paid ... the first payment expected at an early date.
Source
newspapers

Newspaper Articles (4)

Article from Burlington Hawk-Eye Gazette, October 28, 1931

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Article Text

Bank Official Gets From to 200 Years Kans., Oct. Wagner, 43, cashier of the failed Citizens State bank of Morrill, was tenced today serve from 12 to 200 years in the state penitentiary upon his plea of guilty charges of embezzling about Wagner pleaded guilty to embezzling $9,356.90 from M. Evans, Hiawatha stockholder in the bank. He was sentenced to one to five years on that count. He also pleaded guilty to seven counts charging embezzlement from the bank. He was sentenced to serve from three to fifty years on each of the first four counts to run consecutively and to serve from three to fifty years on the other three to run concurrently. Wagner had 79 of the 150 shares of the bank stock. He was mayor of Morrill for several years, taught Sunday school class and was choir inember. He declared the embezzleto protect the bank's staments were bility. He shook hands with the judge folsentence and said, have lowing his no malice toward anyone."


Article from Kansas City Journal, November 11, 1931

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Article Text

KANSAS MISSOURI NEWS BRIEFS BANK RECEIVER NAMED. MORRILL KAS.-W. H. Bayless, Seneca, has been appointed receiver for the closed Citizens State bank here. It was announced that a dividend will be paid depositors soon. STEALS SEVEN CARS. HORTON, KAS.-Carl Vansell, 24 years old, of Muscotah, has confessed the theft of seven automobiles. GETS LONG PRISON TERM. HIAWATHA, KAS.-John McCarty of New York is under a sentence of ten to twenty years in the penitentiary for participation in the robbery of a filling station last March. GETS PHONE HEADQUARTERS. BAXTER SPRINGS, KAS.-Six telephone companies have announced they will make Baxter their headquarters. The companies moving their offices here are the Kansas State Telephone company, Central Missouri Telephone company, Peninsular Telephone company, Kearney Telephone company, Arkansas Associated Telephone company and the Southwest Associated Telephone company.


Article from Falls City Daily News, December 17, 1932

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Article Text

PROPERTY NOT HUSBANDS WIVES TELL SHERIFF Hiawatha, Kas.-Two wives of the Morrill community have served notice on Sheriff J. H. Mellenbruch that if he carries out certain executions he will do 80 at his own peril, will be in danger of selling property he cannot legally sell. One such notice blames D. E. Wagner, former cashier of the Citizens State Bank of Morrill for a mistake in deed. Mrs. David Noble has given the sheriff notice that she has a chattel mortgage to secure a promissory note on certain property upon which the sheriff levied, in the case of C. W. Johnson, received of the closed Citizens Bank of Morrill VS. David Noble. Some horses and cattle as well as real estate has been included in the levying. The notice to the sheriff states that Mrs. Noble inherited the real estate from her moher but that Mr. Wagner in drawing the deed, drew it for David Noble as grantee, rather than for Mrs. Noble, wrongfully and without her knowledge or consent. A similar notice has been served on the sheriff by Mrs. Charles McGuire, who alleges corn and cattle. upon which the sheriff levied in a case of the bank receiver against Mr. McGuire, are actually the property of Mrs. McGuire. Added to these legal difficulties which lawyers will entangle in the courts, the sheriff has the duty of selling more than 20 pieces of property at an action to be held soon. jamas at JENNE'S 299-4t CRABTREE TO BROADCAST Prof. J. W. Crabtree, former president of the Peru State Teachers College will broadcast over NBC network on Sunday afternoon, December 18 from 5:30 to 6 o'clock. He is secretary of the National Educational Association and will speak from Washington, D. C. on "Your Child's Christmas Gift." Many of his former students and friends in this section of the state will be glad of the opportunity to hear him. -Buy your Christmas trees at Heck's Feed Store. 300-5t Rev. and Mrs. C. G. Bader plan to have Dr. A. 0 Hinson baptize their son, Philip Arthur, at the Sunday morning church service at the Methodist church -All Silk and Wool Dresses worth $6.00 now $3.95 at JENNE'S. 299-4


Article from St. Joseph News-Press, January 23, 1933

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Article Text

the Neighbors Announcements already appearing the for office the spring Feb. has been selected the date for the second fellowship dinner the business and professionmen of Mexico. The editor the Hiawatha World witnessed Joseph night clares were many motor present there Hiawatha for circus. Horton, named for the Albert chief justice Kansas court, whose Kansas where she was living with her daughter. Mexico feels highly honored that Rufus former for postmaster Louis Roosevelt administration. Mexico has Eugene Field parent-teacher Cape Girardeau dispatch The that place has sued by Samuel Fordyce, the Louis Democratic leader prominent $100,000. Colonel alleges torial The Southeast two years ago. The closed Citizens' Bank Morrill, Kan., that vision cent will The last October this first payment. be paid an early date, expected. The Wymore (Neb.) Wymorean advises cited about the jays that vicinity the last few They interned there, The says cheese plant has been installed and ready for in