7070. Topeka Savings Bank (Topeka, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
March 10, 1899
Location
Topeka, Kansas (39.048, -95.678)

Metadata

Model
gpt-5-mini
Short Digest
bd59e627

Response Measures

None

Description

Articles (March 1899) refer to L. G. Beal as 'receiver of the Topeka Savings bank', indicating the bank had been placed in receivership and effectively closed. The pieces do not describe any depositor run or an earlier suspension explicitly, but the presence of a receiver fits the 'suspension_closure' category (no run mentioned; receiver assigned). Date of receivership is not stated in the snippets; I use the publication date for the mention.

Events (1)

1. March 10, 1899 Receivership
Newspaper Excerpt
L. G. Beal, receiver of the Topeka Savings bank, who is in with me on the gold mine, ...
Source
newspapers

Newspaper Articles (2)

Article from The Topeka State Journal, March 10, 1899

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Article Text

Luck of Dan Ainsworth Who Organized Harvey County. HAS GOLD IN BRICKS. A Topeka and Wellington Man in With Him. Claims to Have Been Offered a Job by Stanley. Kansas City, March 10.-A man of small, wiry figure, perhaps 60 years old, stood before the desk of the Savoy yesterday, holding a small paper parcel. His seamed and tanned features, adorned with gray chin whiskers, his careless dress and the unmistakable drawl of the westerner evoked no special interest. But in his voice there was a tremor that caught the attention of Clerk Van Gunter in the words: "Would you take care of this for me?" "You can check it at the stand," was the reply, with a gesture. "I'd rather have it put in the safe. It's worth considerable." The old man's eyes danced as the clerk took the small bundle and "hefted" it. "It must be gold," he exclaimed. drawing from the loose wrapper a brick of shining metal. "Ha, chuckled the old man,at the evident surprise of the clerk's face. "That's different, eh? Say, do you know how it feels to get rich sudden-like and know you've got it for good, after having lost a fortune or two in your lifetime? "A few weeks ago," he continued, "I was pushed to pay the little bills of $10 or $15 that were presented to me. I lived at Newton, Kan., and everybody knew about my being an official in a mining company out in Arizona. You see,I organized Harvey county and they know all about Dan Ainsworth down there, and when a bill was presented and I pulled out a $5 gold piece, that I might have in my pocket now and then, they would say, just to make fun, 'Dan, is that gold you got out of your Arizona mine?' "This sounds funny to you fellows," said the old man, settling himself comfortably, "and I must own I can't quite get used to myself. The fact is I am worth today all I ever hoped to be worth, although I'm not one of these plutocrats. That brick is worth $2,000. There is another on the way to me now: it must be at Newton by this time and they will keep coming right along, two a month. So you see I'm fixed. "I'm here to visit some of my old friends in Kansas City. There are a lot of them that have known me ever since I was in the banking business in the boom days. A good many of them are big bankers here, and they will be glad to know Dan Ainsworth has struck it at last. There's L. G. Beal, receiver of the Topeka Savings bank, who is in with me on the gold mine, and Hon. J. W. Hoye of Wellington. We are going to Chicago next week to elect new officers for the company. This is not a stock selling scheme. The ground floor space is all taken." Dan Ainsworth is well known to the "oldtimers" in Kansas, from his connection with J. D. Sanford, the banker of the early days, who began his career as a bank breaker in Kansas and through whose machinations Ainsworth lost all his property. Sanford is known as the greatest bank breaker who ever operated in the United States Concerning this part of his life Ainsworth seldom refers. His later life is a pleasanter topic, with all its hardships, and he proudly claims to be the only delegate in the last convention instructed for Gov. Stanley. He pulled his delegates together after the first scattered ballot and held them to the end. He was offered commissioner of insurance for his influence, he says, by one of the candidates, but declined.


Article from People's Voice, March 14, 1899

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Article Text

the room it needs on the first floor. This will be much more acceptable to the secret societies, as 50x60 feet will hardly give them the desired room. The dimensions should be about 50x100 feet. The building would then extend back nearly to the jail, and would allow room on the first floor for a council room, mayor's office, clerk's office, police judge's office and marshal's office. The city could, in addition, afford to buy the 25 foot lot on the north and construct a suitable frame or sheet iron structure for the use of the fire department. At the rate the city is at present paying for rental of a city building, a new building could be paid for in ten or twelve years. Friday morning's Kansas City Journal contains a lengthy interview with Dan Ainsworth, formerly of Newton, who has struck a rich gold mine in Arizona and claims to be richer than Stanford ever was. Ainsworth is resting in KansasCity visiting friends and waiting the arrival of John Haughey of Wellington, and L. G. Beal, receiver of the Topeka Savings bank, who are interested in the mine, when the three will proceed to Chicago in the interest of the mines. The article in the paper goes back to the early history of Ainsworth and digs up a little of the history of the Merchants & Drovers bank at Caldwell and a bank at Hunnewell and connects Ainsworth with the failure of the banks. The workman often eats his lunch on the same bench where he does his work. The office man turns his desk into a dining table. Neither gets the out of door exercise be needs, neither takes the proper time for eating. It is small wonder that the digestion of both gets out of order. In such cases Dr. Pierce's Pleasant Pellets come to their assistance by aiding nature to take care of the food. The cause of nine-tenths of the sickness of the world is constipation. From this one cause come indigestion disorders of the stomach. liver and kidneys; biliousness, headaches, flatulence, heartburn, impurity of the blood and the serious complications that follow. To begin with, constipation is a little thing, and a little thing will cure it. The "Pleasant Pellets" are tiny, sugar coated granules. They will perfectly cure the worst case of csnstipation and indigestion. If the drugs gist trials to sell you some other pill that pays him a greater profit, just think what will best pay you. Sheriff Heskett claims the honor of discovering the whereabouts of F. H. Teale, the absconding traveling representative of the Parkhurst-Davis Grocery company. 'A Los Angeles paper received by a lady from California who is boarding with Mrs. Frances Millard, contained a half column write-up of Teale, who was cutting quite a dash in Los Angeles. The paper was given to Al Brumley and he in turn gave it to Sheriff Heskett. The sheriff sent the paper to Topeka, and the grocery firm wrote him that if he would goafter Teale and bring him back they would give him $100 and pay his expenses, providing Teale was convicted. The sheriff refused the offer, fearing that a conviction would not result, and the sheriff of Harper county was sent after the embezzler. It seems that Teale's lengthy write-up in the Los Angeles paper was the result of an old score held against him in Los Angeles, when he held some kind of an official clerk-