Farmers State Bank - Opolis, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 25, 1927
Location: Opolis, Kansas (37.344, -94.621)

Metadata

Model: gpt-5-mini
Short Digest: 53bf8f61

Response Measures

None

Description

Article states the Miller chain banks closed ten days ago by the state banking department and receivers were appointed. No run is mentioned. Closure appears to be by government action and the bank was placed in receivership as part of the chain.

Events (2)

1. February 25, 1927 Suspension

Cause: Government Action
Cause Details: Closed by the Kansas state banking department as part of enforcement action against the Miller chain of banks.
Newspaper Excerpt: closed ten days ago by the state banking department
Source: newspapers

2. March 7, 1927 Receivership

Newspaper Excerpt: James T. Fowler, cashier of the Home bank of Arcadia, was named receiver for the Miners' State bank of Mulberry, the Commercial State bank of Arma and the Farmers' State bank of Englevale.
Source: newspapers

Newspaper Articles (1)

1. March 7, 1927 Carthage Evening Press Carthage, MO

Article from Carthage Evening Press, March 7, 1927

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Article Text

BANK RECEIVERS ANNOUNCED Three to Handle Affairs of Closed Miller Chain Pittsburg, Kans., March 7. Appointment of two receivers for six of the Miller banks, closed ten days ago by the state banking department, was announced by Roy Bone, state bank commissioner. James T. Fowler, cashier of the Home bank of Arcadia, was named receiver for the Miners' State bank of Mulberry, the Commercial State bank of Arma and the Farmers' State bank of Englevale. George L. Stevenson, Pittsburg lawyer, was appointed receiver for the Pittsburg State bank, the First State bank of Cherokee and the Farmers' State bank of Opolis. Appointment of Fred Bayless, Fort Scott lawyer, as receiver for the Midwest State bank at Fort Scott, was announced Saturday. The seven banks comprised a chain established several years ago by Jonathan G. Miller, Mulberry capitalist, and several associates.