6947. Peoples State Bank (Parkerville, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 24, 1934
Location
Parkerville, Kansas (38.764, -96.661)

Metadata

Model
gpt-5-mini
Short Digest
ec4abcb3

Response Measures

None

Description

The articles show the bank in receivership, assets and real estate being offered for public sale (sale of bank building Aug 24 and notices of public sale Oct 18, 1934). There is no mention of a depositor run. Suspension appears to have led to permanent closure and liquidation under a receiver (government/commissioner action). OCR variants like People' State Bank were corrected to Peoples State Bank.

Events (3)

1. August 24, 1934 Receivership
Newspaper Excerpt
The price was accepted today by state bank receiver, Johnson ... before suspension. ... accepted today by state bank receiver, Johnson, the realty ... the bank property was on the sheet of the bank before suspension.
Source
newspapers
2. October 18, 1934 Other
Newspaper Excerpt
will on the 18th day Octo1934. o'clock M. at Parkerville, Kansas, sale the highest bidder ... the following property, assets, and obligations due the The Peoples State Bank of Parkerville, Kansas ... offer for sale and sell to the highest bidder or bidders for cash ... the following property, assets, and obligations due the The State Bank of Parkerville, Kansas, to-wit:
Source
newspapers
3. * Suspension
Cause
Government Action
Cause Details
Bank had been placed in the hands of a state bank receiver / Bank Commissioner intervention leading to suspension.
Newspaper Excerpt
the realty from which removes the list of assets to be auctioned soon. The bank property was on the sheet of the bank before suspension.
Source
newspapers

Newspaper Articles (3)

Article from Council Grove Republican, August 24, 1934

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Article Text

BANK BRINGS $200 The Peoples State bank buildParkerville was sold at ing in sale for $200. The price private was accepted today by state bank receiver, Johnson, the realty from which removes the list of assets to be auctioned soon. The bank property was on the sheet of the bank before suspension. The reprebetter than 90 per cent.


Article from Council Grove Republican, October 3, 1934

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Article Text

NOTICE OF PUBLIC SALE ASSETS In the District Court of Morris County. Kansas. In the Matter of of Peoples Bank of Parkerville, Kansas Notice hereby given that the undersigned, Charles Receiver People' State Bank of Kansas, thority the Bank Commissioner of the State of Kansas, and District Court of Morris County, Kansas. will on the 18th day Octo1934. o'clock M. at Parkerville, Kansas, sale the highest bidder bidders for in hand, subject to the approval the Bank State Kansas, and the District Court Morris County, Kansas, following propand obligations due the said The Peoples State Bank of Parkerville, Kansas, to-wit: FURNITURE & FIXTURES foot wall desk (oak) Cummins perforator 7-foot bookkeepers desk ledger tray with steel steel filing cabinet connection No. 6-602883 Burroughs hand steel check sorter. Heater small directors table coal buckets paper basket Other miscellaneous equipment. REAL ESTATE The 1750-5250ths in the Northwest Quarter Section Seven (7), Range Seven (7), Morris Kansas. (Subject to Five (5), except five feet off East side and all of Lot Six (6) in Block (26) Mosier's First Addition to of Council Morris County, Kansas. (Subject to mortgage.) Said will be conducted in the Said will first be offered items more than one item together and then such portion thereof or all, as may, in the judgment of the Receiver. the best and to the highest and best bidders either bulk or in single Any sale or sales made will convey the right, interest of said bank and said receiver in and to the property without warranof title, of any PYROIL character against said bank receiver. assistant receiver or Bank Commissioner, and will be subject to any plead now hereafter the debtors such assets The GIVES herein contained is taken from the books records of said banks and believed to but The by and through Harry E. Snyder, Receiver of said bank in active charge of the liquidation thereof, and who has the notes, etc., listed hereon in his posat Council Grove. Kansas, and any prospective bidder may veriany of the amounts or notes listhereon or receive information of the to be sold by at his office in Council Kansas of the assets to sold may also obtained the office Johnson, Banking Department, Topeka, Any sale or sales will be subject to the approval the Bank Commissioner the State of Kansas, and the Court the Judge of Morris County, Kansas, and the Receiver reservthe right to reject any and all bids WITNESS MY HAND. This 2nd day 1934 JOHNSON. Receivthe People State Bank of Parkerville, Kansas. HARRY Assistant Receiver and Attorney for Bank. (1st pub Oct. 3: lasht pub Oct. 10) LOANS AND DISCOUNTS Name Date Amount Blankley 10-21-31 $ 60.00 Burton 12-26-30 287.00 Burton and Parker 9-31 1,000.00 M. Burton Delia Burton 2-25-24 771.50 Crown 4-29-31 16.46 Glancy 10-7-31 173.36 Goodman 6-15-31 589.73 Goodman 6-15-31 624.17 Goodman 5-1-31 46.99 Goodman 3-11-31 146.19 Henning Bertha H. Henning 5-28-31 1,429.90 WE Vilasco Jones 6-15-31 Glen Leeds and Jennie Leeds 11-21-30 1,500.00 Shelby Morgan, E. Morgan 5-31-30 749.41 5,000 feet Glass and Morgan McCulle and Lillie McCulle 11-17-31 Parker 1,064.22 Parker 4-28-31 1,500.00 Parker 1,500.00 Parker 1,500.00 Both Phones Grover Schrader 45.16 Floyd Shaw 12-26-31 25.41 Trock 29.74 A. Vermillion & Marie Vermillion 11-10-31 145.00 OVERD RAFTS Name Amount Name Amount Morgan $97.69 Peters Chas. G. Parker W. Strouts 8.70 STOCKHOLDERS LIABILITY Name Amount W. M. Atkinson, deceased, shares $300.00 Adelia Back, deceased, share 100.00 H. Burton, shares Larsh shares 200.00 S. Loomis, share 100.00 Home Made Soup and Chili, JUDGMENTS 24-Hour Service Name Date Where Rate of Int. Amount Nels Paulson County Court E. Adam 9-6-32 District Court (bnkrot per cent 517.92 Porter 9-6-32 District Court per cent 5,536.00 Mintern 12-5-32 District Court per cent 127.00


Article from Council Grove Republican, October 10, 1934

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Article Text

NOTICE OF PUBLIC SALE OF ASSETS In the District Court of Morris County, Kansas. In the Matter the of the Peoples State Bank Parkerville, Kansas Notice is hereby given that the undersigned, Charles ceiver of People's State Bank of Kansas, thority and the Bank Commissioner of the State of Kansas, and District Court of Morris County, Kansas, will the 18th day of Octo1934, at 10:30 o'clock M. Parkerville, Kansas, offer for sale and sell to the highest bidder or bidders for cash hand, subject to the the Bank Commission the State Kansas, and the District Court Morris County, Kansas, the following property, assets, and obligations due the The State Bank of Parkerville, Kansas, to-wit: FURNITURE & FIXTURES foot wall desk (oak) Cummins perforator 7-foot bookkeepers individual ledger tray with steel cart and steel drawer filing cabinet connection. No. 6-602883 Burroughs hand poster check sorter. Beckwith Heater small directors table coal buckets paper basket Other miscellaneous equipment. REAL ESTATE The interest in the Quarter Section Seven (7), Township Fifteen Range Seven (7), Morris County, Kansas. (Subject to mortgage). Five (5), except five feet off East side all Six (6) in Block (26) Mosier's First Addition Grove, Morris County, Kansas. (Subject to mortgage.) Said will be conducted in the manner: Said property will first offered items in more than one item together and then such portion thereof or all, as may, in the judgment of the Receiver. be the of the bulk, and will the highest and best bidders either in bulk or in single items. Any sale sales made will convey the right, title and interest of said bank and said receiver in and to the property without warranof without recourse of any character against bank receiver, assistar Bank Commissioner, will be subject any defense now or hereafter the debtors such assets sold. The information herein contained is takfrom the books said and to accurate but is guaranteed sale will by and through Harry E. Snyder, Assistant Receiver in charge of the thereof, and who has the notes, etc., listed in possession Council Grove. Kansas, and any prospective bidder may verify any of the amounts notes listhereon receive information any of the by at his office in Council Grove, Kansas. list of the assets to sold also be obtained the office of W. Johnson, Banking Department, Topeka, Any sale sales will be subject to the approval the Bank Commissioner the State of Kansas, the Court or the Judge of Morris County, Kansas, and the Receiver reservthe right to reject any and all WITNESS HAND, This 2nd day 1934 of JOHNSON. Receivof the People State Bank of Kansas. HARRY SNYDER, Assistant Receiver and Attorney for (1st pub Oct. 3; lasht pub Oct. 10) LOANS AND DISCOUNTS Name Date Amount Blankley 10-21-31 Burton 12-26-30 287.00 Burton and Parker 1,000.00 M. Burton and Delia Burton 2-25-24 771.50 Crown 4-29-31 16.46 Glancy 173.36 Goodman 6-15-31 589.73 Goodman 6-15-31 624.17 Goodman 46.99 Goodman 3-11-31 146.19 Henning Bertha H. Henning 5-28-31 1,429.90 Jones 6-15-31 Glen Leeds and Jennie Leeds 11-21-30 1,500.00 Shelby Morgan, E. Morgan and Morgan 5-31-30 749.41 McCulle and Lillie McCulle 11-17-31 437.55 Parker 1,064.22 Parker 4-28-31 1,500.00 Parker 1,500.00 Parker 1,500.00 Grover Schrader 45.16 Floyd Shaw 12-26-31 25.41 Trock A. L. Vermillion & Marie Vermillion 11-10-31 145.00 Name Amount Amount Morgan Peters Chas. G. Parker W. Strouts STOCKHOLDERS LIABILITY Name Amount Cut W. Atkinson, deceased, shares $300.00 Adelia Back, deceased, share 100.00 H. Burton, shares 200.00 Larsh Johnson, shares 200.00 S. P. Loomis. share 100.00 JUDGMENTS Name Date Where Granted Rate of Int. Amount Nels Paulson County Court cent E. Adam 9-6-32 District Court (bnkrpt) per cent 517.92 Porter 9-6-32 District Court 6 per 5,536.00 Mintern 12-5-32 District Court per cent 127.00