Niotaze State Bank - Niotaze, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 6, 1919
Location: Niotaze, Kansas (37.074, -96.014)

Metadata

Model: gpt-5-mini
Short Digest: 2aab6cbe

Response Measures

None

Description

Article (1919-11-06) reports the bank had a receiver and former cashier prosecuted for 'wrecking' the institution; no mention of a depositor run or temporary suspension/reopening. Classified as suspension_closure (bank closed/receivership).

Events (1)

1. November 6, 1919 Receivership

Newspaper Excerpt: Property owned by Erhart had been turned over to the receiver for the bank.
Source: newspapers

Newspaper Articles (1)

1. November 6, 1919 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, November 6, 1919

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Article Text

# STATE FIGHTS ERHART Action Follows Former Cashier's Suit Against Bank Officials. The state of Kansas will represent the state banking department in defense of an action brought this week in the Chautauqua county district court by Forest J. Erhart against the Niotaze State bank. Erhart was formerly cashier of the bank and was prosecuted on a charge of wrecking the institution. Property owned by Erhart had been turned over to the receiver for the bank. Twice Erhart was tried on a criminal charge. Each time the jury disagreed. Then the case was dismissed. Erhart now seeks the return of his money and property amounting to $32,000. He asks an accounting and a judgment against the bank and its directors. C. J. Hemphill, a state bank examiner, is named one of the defendants. Because of his relations as a state official, Hemphill will be represented by the attorney general's office.