7050. Investment Trust Company of America (Topeka, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
September 18, 1897
Location
Topeka, Kansas (39.048, -95.678)

Metadata

Model
gpt-5-mini
Short Digest
df762641

Response Measures

None

Description

Newspaper text refers to the bank being in the hands of receivers and a later court appointment of a special master to adjudicate claims. No run is described in the articles; the bank was in receivership (court action) and appears permanently closed. Dates of receivership are inferred from article publication dates; no explicit suspension date given.

Events (2)

1. September 18, 1897 Receivership
Newspaper Excerpt
office of the receivers of the Investment Trust company, in the Real Estate building
Source
newspapers
2. July 20, 1898 Other
Newspaper Excerpt
J. G. Slonecker has been appointed special master in the Investment Trust company and the City Real Estate Trust company cases. His appointment was made by Judge Foster on application of the receivers, C. O. Knowles and Bennett R. Wheeler.
Source
newspapers

Newspaper Articles (2)

Article from The Topeka State Journal, September 18, 1897

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Article Text

# LOSES SIX HUNDRED. A Topeka Boy's Money and Clothing Burned At the Explosion at Blossburg, New Mexico. Narrow Escape From Death - The Starvation Wages Paid Miners- Lawlessness Breeding on Parsimony. The following interview with W. H. Caldwell, of 820 North Harrison street, gives the facts of the blowing up and burning of the store owned by the Blossburg, New Mexico, Mercantile Co., of which C. M. Higginson, is president, A. Douglas, manager, and E. Wilder, treasurer. This store is located at the coal mining town of Blossburg, six miles west of Raton, in Colfax county. Mr. Caldwell's son, Robert, went out there some two or more years ago, when the store was first established by C. J. Devlin, and has been there as an em- ploye ever since, mines having passed from the direct control of the Santa Fe Railroad company, to the control of the Maxwell Land Grant company, under the direct control of the above named officials. Being in constant communica- tion with his son, Mr Caldwell has been kept informed about matters at Bloss- burg, through letters written by him, and has known for some time that trou- ble was likely to occur there at any mo- ment. A Journal reporter visited Mr. Cald- well at the office of the receivers of the Investment Trust company, in the Real Estate building and drew from him the facts as gleaned by him from recent telegrams and letters, as follows: "Mr. Caldwell, will you give me some facts relative to the trouble at Bloss- burg, as briefly noted in last evening's Journal?" "Yes, sir, I can speak quite advisedly about it, and will read you some para- graphs from my son's letters. Some time last week Frank Woodard, fuel inspector for the Santa Fe, now residing at Trinidad, was here and visited my family. He told us that trouble was likely to occur at Blossburg, because the coal miners were very restless on account of short work and being stirred up by traveling agitators. He also re- counted to me the scene that occurred some time ago when one of these agi- tators came there and made a violent anarchistic speech. In a day or two after this we received a letter, dated September 5, 1897, from my son, Robert who is employed at the store, and I'll read you this paragraph. 'Mr. Wiggs expected to open the works about the 15th or 20th of this month (September), then the men will have work four or five days a week: if he doesn't we will have to defend ourselves and the company property againse mobs. The people are desper- ate. They are positively destitute and have not even enough to live on in a strike so they dare not strike. Some time ago an agitator came here and spoke in the street. His first words were: 'Save your pennies and buy a gun, pawn your shoes and socks and buy a gun-get a gun if you have to steal one!' Then he rounded out the most infamous anarchistic speech that was ever delivered anywhere, saying, among other things, 'Start with the President at Washington and kill him. Then come down to your senate and house of representatives and shoot them down! Don't let one escape! If you do you are cowards. When you have finished them come to Raton and kill every member of the Maxwell Land Grant company. Then come here to Blossburg, your home, where you see your wives and children starving be- cause the company store won't trust you for something for them to eat. Get some dynamite and blow up the store, but first take all you want out of it- it is yours, they stole it from you and if you haven't got sense enough to steal it back you ought to starve. Steal all you want from the company store then blow the thing into eternity and string every operator in it to the first pole you come to.' "That very night they learned for the first time, of the existence in Blossburg, of an anarchistic organization of over 100 members, calling themselves The Iron Brotherhood. They held a meeting


Article from The Topeka State Journal, July 20, 1898

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Article Text

# J. G. Slonecker Appointed. J. G. Slonecker has been appointed special master in the Investment Trust company and the City Real Estate Trust company cases. His appointment was made by Judge Foster on application of the receivers, C. O. Knowles and Bennett R. Wheeler. He will pass on the priority and amounts of claims against the trust estates now in the hands of the receivers.