Citizens State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 30, 1932
Location: Pratt, Kansas (37.644, -98.738)

Metadata

Model: gpt-5-mini
Short Digest: 09024bb6

Response Measures

None

Description

Article (Nov 30, 1932) describes the Citizens State Bank as a failed bank with a receiver appointed and directors suing to remove the receiver and reopen the bank. No run is mentioned. This indicates the bank had suspended and is in receivership (permanent closure).

Events (2)

1. November 30, 1932 Receivership

Newspaper Excerpt: They seek re-opening of the bank, and ask that the bank commissionor 'and alleged receiver' be enjoined, and Chas. W. Johnson removed as receiver. They maintain the bank still is sound and solvent.
Source: newspapers

2. November 30, 1932 Suspension

Cause: Government Action
Cause Details: Bank is described as failed and a receiver had been appointed by the bank commissioner; directors contest receiver and seek reopening.
Newspaper Excerpt: Pratt, Nov. 30.--Six of the directors of the failed Citizens State bank have filed suit ... They seek re-opening of the bank, and ask that the bank commissionor 'and alleged receiver' be enjoined, and Chas. W. Johnson removed as receiver.
Source: newspapers

Newspaper Articles (1)

1. November 30, 1932 The Hutchinson News Hutchinson, KS

Article from The Hutchinson News, November 30, 1932

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Article Text

Directors Would Enjoin And Discharge Bank Receiver Pratt, Nov. 30.--Six of the direc. tora of the failed Citizens State bank have filed suit in district court asking that proposed payment of 15 per cent dividend to depositors announced for Dec. 3 be halted. They seek re-opening of the bank, and ask that the bank commissionor "and alleged receiver" be enjoined, and Chas. W. Johnson removed as receiver. They maintain the bank still is sound and solvent. The directors bringing the Infunction suit are E. Hardesty, A B. Farmer. D. R. Scott, W. C. Banbury, M. H. Hodges and E. L Shaw.