6945. Bank of Parker (Parker, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 22, 1894
Location
Parker, Kansas (38.328, -94.992)

Metadata

Model
gpt-5-mini
Short Digest
773b905f

Response Measures

None

Description

All articles state the Bank of Parker (Linn County, KS) went into the hands of a receiver a few months ago and has since paid off all claims; Attorney General Little moved for discharge of the receiver. No run or reopening is described. This matches a suspension (receivership) followed by closure/resolution.

Events (1)
1. February 22, 1894 Receivership
Newspaper Excerpt
The Bank of Parker, Kas., which went into the hands of a receiver a few months ago, has paid off all its claims and Attorney General Little entered a motion for the discharge of the receiver.
Source
newspapers

Newspaper Articles (3)
1. February 22, 1894 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, February 22, 1894

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Article Text

ABBREVIATED TELEGRAMS. Obituary: At Alton, Ills., Dr. R. W. English. an early friend of Lincoln, aged 84. At Green Bay, Wis, John M. Smith, the noted horticulturist, aged 73. At Columbus, Ind., ex-County Treasurer August Kiel. At Belvidere, Ills., Mrs. John Stone, aged 69. George Koedding, a German printer who left Chicago two weeks ago in search of work, committed suicide at St. Joseph, Mo. The Bank of Parker, Kas., which went into the hands of a receiver a few months ago, has paid off all its claims and Attorney General Little entered a motion for the discharge of the receiver. The governments of England, France, Italy and Austria have advised the sultan of Morocco to accept the demands of Spain for the settlement of the Melilla troubles. The trustees to whom Governor McKinley conveyed his property at the time of his failure have raised money to meet his obligations and have transferred his home back to him. Attorney General Moloney, of Illinois, will ask for a receiver for the Masonic Benevolent association at Mattoon. The superiatendent of insurance reports that the assets are $11,101, while the unpaid death claims amount to $124,331. Mary Kalkaus, a New York hired girl, fell three stories out of a window to a flag-paved yard, and was not the least injured. It is probable that John B. Koetting, the convicted Milwaukee banker, will obtain a stay of proceedings. John Walsh, of Mott street, New York, went out with the money to buy a burial outfit for his mother, friends having raised the money for him. He spent the cash getting drunk. The Second Congregational church at Rockford, Ills., a fine edifice that cost over $100,000 to build, was destroyed by fire. Insurance, $40,000. Populist J. A. Smith, charged at Kansas City, Kan., with libelling the chief of police, a case in which a libel of Governor Lewelling is also involved, has been bound over to the court in $1,000. The annual me ting of the Illinois State Veterinary association is being held with a full attendance at Springfield.

2. March 1, 1894 The Farmers' Union Memphis, MO
Article from The Farmers' Union, March 1, 1894

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Article Text

FINANCIAL AND INDUSTRIAL -Union minors In the Coeur d'Alene country are determined to drive cut the Italians. Trouble is feared. -Indianapolis' unemployed threatened trouble, alleging outside men were employed on the streets by contractors -Northern Pacific receivers will oppose the motion by labor leaders for an amendment of Judge Jenkins' objectionable order. -Master builders discussed the uniform contract. Officers were elected and Baltimore selected for the next convention. -About 1,500 miners resumed work in the Eastern Ohio district upon terms agreed upon at a Columbus conference. -The Lafayette (Ind.) gas plant has been purchased by a New York syndicate for $860,000. -The bank of Parker, Kan, which went into the hands of a receiver a few months ago, has paid off all its claims. and Attorney General Little has entered a motion for the discharge of the receiver. -Attorney General Moloney will ask for a receiver for the Masonic Benevolent Association at Mattoon, 111. The Superintendent of Insurance reports that the assets are $11.101. while its unpaid death claims amount to $124,331. -A party of American capitalists will go to San Domingo to place its financial and economic system on a more solid basis. --A general strike is threatened among the ribbon weavers of Paterson, N. J. They demand an advance of 25 per cent. -Depauw University is said to have lost from $30,000 to $70,000 by the fallure of the piate glass works at Alexandria. -The trustees to whom Gov. McKinley conveyed his property at the time of his failure have raised money to meet his obligations and have transferred his home back to him. -Western general passenger agents recommend the issuance without restrictions of thousand-mile tickets at 2½ cents a mile. -R G. Dun & Co.'s Weekly Review of Trade says: This has been a week of record breaking. In wheat, in silver, in some forms of iron and steel. in Connellsville coke, and in well-known cotton and woolen goods the lowest prices ever known have been made, and it is gratifying that failures of importance have not resulted. While no action especially affecting business prospects was taken at Washington the continued discussion of revenue and monetary measures and the uncertainty regarding them have a constant unfavorable influence, and indifferent markets have caused sudden fluctuations in prices. Wheat at 601/4 cents is not only lower by 4½ cents than it was for a single day last year, but lower than it had ever been in the previous seventyseven years. A visible supply of over 79.000,000 bushels Feb. 10. with sales and receipts from farms continuing large, has completely destroyed faith in the official reports of the yield last year. and caused enormous liquidation. Receipts last week were but 1,810.314 bushels. against 2,901,048 for the same week last year. but Atlantic exports were only 659,962 bushels, against 1.013.015 last year. and the recent decrease

3. March 3, 1894 The Bottineau Pioneer Bottineau, ND
Article from The Bottineau Pioneer, March 3, 1894

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Article Text

Paid Dollar for Dollar. Topeka, Kan., Feb. 22.-State Bank Commissioner Briedenthal was this morning notified that the Bank of Parker, Linn county, which went into the hands of a receiver a few months ago, has paid off all its claims. Attorney General Little to-day entered a motion for the discharge of the receiver.