Wellington National Bank - Wellington, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 3091
Charter Number: 3091
Start Date: August 8, 1890
Location: Wellington, Kansas (37.265, -97.372)

Metadata

Model: gpt-5-mini
Short Digest: 9e393364

Response Measures

None

Description

Article (Seattle Post-Intelligencer, 1890-08-08) states the Wellington, Kan., National bank is 'suspended' and gives liabilities and estimated assets. No mention of a depositor run or reopening/resumption. Because the report presents the bank as suspended (a failure-type event) with no later reopening mentioned in the same article, I classify this as suspension leading to closure. If additional articles showed a reopening, the classification would change. OCR appears correct for names and location.

Events (2)

1. December 17, 1883 Chartered

Source: historical_nic

2. August 8, 1890 Suspension

Cause Details: Article simply reports the bank as 'suspended' without attributing the suspension to a specific cause (no rumors, runs, correspondent failure, or government action mentioned).
Newspaper Excerpt: The liabilities of the suspended Wellington, Kan., National bank are $43,000; estimated assets, $104,000.
Source: newspapers

Newspaper Articles (1)

1. August 8, 1890 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, August 8, 1890

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Article Text

CO NDENSED DISPATCHES. Senator Alien has presented to congress a memorial from the bankers of Washington, adopted at the convention recently held at Spokane Falls, and asking for the enactment of laws perpetuating and strengthening the national banking system. Alex Lavelle and a son of Thomas Welch were killed at Muddy Creek, Gunnison county, Col., Wednesday, in a quarrel over the ownership of a tract of meadow land. Pete Snull and Charles Purham were wounded, the latter fatally. The third cut in freight rates from St. Louis to Texas and the City of Mexico went into effect Wednesday. At present the rate on first. second and third-class freight is fifty cents per hundred pounds, while the former rate was $1.59. Philip Micchie, a Hungarian, 18 years of age, was drowned in the Humboldt river near Winnemucca, Nevada, Wednesday. Several Indians witnessed the occurrence, but made no effort to rescue the drowning man. The Irishmen of London gave a banquet to Mr. and Mrs. William O'Brien Wednesday evening. Fitzgerald, of Boston, responded to the toast "To Irish-Americans." A boiler in the sawmill of John Jacoby at Mulberry, Ind., exploded Thursday, killing Jacoby and Engineer Shoemaker and seriously injuring three other persons. The Hungarian town of Moar was almost completely destroyed by fire Thursday. Ten persons are known to have perished during the con flagration. Leopold, king of the Belgians, has signed a treaty with Germany relative to the forts on the Meuse, as a basis of operations in case of war with France. A railway train was wrecked near Pilsen, Bohemia, Wednesday, and several immigrants bound for the United States were killed. The twentieth annual session of the Catholic Total Abstinence Union of America was convened at Pittsburg Wednesday. The Greek patriarch at Constantinople has resigned as a protest against the Porte's disregard of the rights of Greece. A revolt has broken out among the natives of Candahar, India, and troops have been dispatched to quell the disturbance. Murray Hall, an elegant summer hotel at Pablo Beach, Florida, has been destroyed by fire. Loss, $230,000. Sheriff Dick, of Pueblo, Colo., captured one of the Cucharas murderers at Rouse station at midnight, Thursday. The liabilities of the suspended Wellington, Kan., National bank are $43,000; estimated assets, $104,000. A postoffice has been established at Logan, Spokane county, with A. J. Johnson as postmaster. A. W. Harlan, of Chicago, has been elected president of the National Dental Association. Mexican troops have been victorious in several battles with the Yaqui Indians. Eight hundred dock laborers at Gloucester, England, have gone on a strike. Pensions have been granted to M. C. Privett and F. W. Douge, of Colfax. Countess Waldheim, daughter of the Prince of Metternich, is dead. Congressman Richard P. Bland has been renominated.