7137. International Loan & Trust Company (Wichita, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
May 6, 1893
Location
Wichita, Kansas (37.692, -97.338)

Metadata

Model
gpt-5-mini
Short Digest
7b74970b

Response Measures

None

Description

Articles report that a receiver (L. S. Naftzger) was appointed for the International Loan & Trust Company (Wichita) on 1893-05-06 and subsequent reporting discusses insolvency/fraud allegations. There is no mention of a depositor run or reopening; the appointment of a receiver indicates closure/receivership.

Events (1)

1. May 6, 1893 Receivership
Newspaper Excerpt
Judge Reed yesterday appointed L. S. Naftzger receiver for the International Loan & Trust company. Mr. Naftzger filed his bond in the sum of $30,000 which was approved by the district clerk, and the receiver will enter upon his duties at once,
Source
newspapers

Newspaper Articles (3)

Article from The Wichita Daily Eagle, May 6, 1893

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Article Text

RECEIVE APPOINTED. Judge Reed yesterday appointed L. S. Naftzger receiver for the International Loan & Trust company. Mr. Naftzger filed his bond in the sum of $30,000 which was approved by the district clerk, and the receiver will enter upon his duties at once, The attorneys for the plaintiff will eadeavor to get the case into the supreme court.


Article from The Wichita Daily Eagle, June 24, 1893

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Article Text

CRIMINAL LIBEL. Colonel H. W. Lewis Swears Out a Warrant for the Arrest of Dr. Lewis. Criminal proceedings were instituted yesterday by the county attorney on complaint of H. W. Lewis against Dr. George F. Lewis of this city, and a warrant was immediately placed in the hand of the sheriff for his arrest, Mr. Ault, upon recommendation of Judge McCanless, did not attempt to make the arrest last night but will do 60 this morning. The reason for the postponement is the fact that both Judge Reed and District Cle.k Kies are out of the city and it was deemed not quite the proper thing to take Dr. Lewis to jail until the bond approving powers return to the city. He will give bond of course, and one that will be approved. The proceedings are based on the following circular issued and circulated by Dr. Lewis: To the Stockholders of the International Loan and Trust Company: The above company has gone into the hands of a receiver, by order of the court, on the discovery of fraud, squandering and personal appropriation of its funds, and general mismanagement, resulting in insolvency, chargeable to H. W. Lewis and I. F. West, its president and secretary. Also, the Kansas National bank has just begun suit against its late President H. W. Lewis for $15,000. money which which he loaned to himself while president, and now cannot or will not repay. In view of these facts it seems necessary to warn my eastern friends and others that he is now trying to draw them into a scheme, called the Auchor Trust company. The court has appointed L. S. Naftzger receiver of the loan company and recommended me as his associate in winding up the affairs of the corporation. The former business of the company, consisting of loaning on mortgages and buying and selling mortgages, attending foreclosures, renting, buying, selling and insuring houses, leasing lands, paying taxes and in general all such business as eastera people desire carefully and honestly attended to by a responsible agent. All of this will in the future be done by a realty bureau of which I intend to remain as manager. Mr. Naftzger cordially concurs in the plan and recommends all concerned to accept notice of its transfer hereafter to the realty bureau as this business is not a part of the duties of the receiver. DR. GEORGE F. LEWIS, Manager Realty Bureau, Wichita, Kan. The following is the list of witnesses on behalf of the plaintiff indorsed on the back of the complaint by the county attorney: H. W. Lewis, H. W. Rule, B.E. Kies, D. S. Husey, A. C. Jobes, W. O. Sternberg, I. F. West, L. S. Naftzger, A. L. Barwise, O. H. Bontley, W. S. Corbett, J. M. Moore and H. M. Bayne all of Wichita, and J. Arnet of Penalosa, Kan., J. R. McClain of Kingmon, Kan., and H. M. Ingram of Parsons, Kan. A few weeks ago Colonel Lewis brought a civil suit against Dr. Lewis, based on the same circular, for $25,000 damages to his character. The criminal suft was the sole topic of discussion around the court house and in business circles yesterday. There is a long and interesting story connected with it, but the proper place for that story to be first told is in the court room.


Article from Mineral Point Tribune, October 28, 1893

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died in terrible agony at Elkhart, Ind., from drinking muriatic acid left by some tinners. Mrs. Alice Church and her daughter Bessie were caught at Tecumseh, Mich., burglarizing a residence and dressed in men's clothes. A receiver has been appointed for the Upper Michigan Brewing company at Iron Mountain, Michigan. Liabilities, $80,000; assets, $100,000. Agents of an English syndicate have located at Emporia for the purpose of dealing in Kansas farms and promoting immigration from England. Ex-Internal Revenue Collector James H. Stone, has been nominated for congress by the republicans of the First Michigan district, to succeed the late Logan J. Chipman. Webster Flanagan, customs collector at El Paso, Texas, has been indicted on a charge of conspiring to defraud the government by passing sheep over the border free of duty. John M. Adler, dealer in shoes at New York, made an assignment. Liabilities are between $40,000 and $50,000: nominal assets about the same. The steamship Marseilles, belonging to the French Commercial line and bound from Antwerp for New Orleans, is reported lost at sea. The passengers and crew were saved by another vessel of the same line. The treasury department at Washington has notified the dominion of Canada authorities that fresh or frozen fish caught in Canadian fresh waters will be admitted into the United States free when caught with nets 0' other devices owned by citizens of the United States. At Leflore, I. T., John Carney shot and instantly killed Handy Leflore, a Choctaw lawyer. Carney is a Jones man and Leflore was a Locke man, both parties being fuli-blooded Choctaws. Killings among the Choctaws are becoming quite numerous of late. The five Poles arrested at Philadelphia on the charge of being ringleaders in an alleged conspiracy to defraud the National Fraternal union of Cincinnati by feigning sickness, have been committed for trial. Other arrests will be made. The fifth game of the chess match between Dr. Tarrasog and Tschigorin was played at St. Petersburg. The German erack opened with a Ruy Lopez and won after 21 moves. A petition has been filed in the circuit court at New Albany, Ky., praying that a receiver be appointed for the New Albany Steam Forge and Rolling Mill company. It is alleged that the company is insolvent. The criminal libel suit against Dr. George F. Lewis has been dismissed at Wichita. The suit was brought by Colonel H. W. Lewis, president of the International Loan and Trust company, now in the hands of a receiver. J. M. McGehee, an old citizen of Pine Bluff, Ark., was found dead in the road, his body covered with a score of wounds. He was last seen with a quack doctor named T. J. Scott. with whom he had been quarreling. The doctor has disappeared. Obituary. At London, Charles Bell Birch, the sculptor, aged sixty-one.-At Vienna, Princess Ypsilanti.-At Dan bury, Conn., ex State Treasurer FrederAt ick Seymour, aged eighty-eight. Providence, R. 1., William S. Nicholson, aged sixty. John Neal, a seaman on the United States ship Independence, committed suicide at the Mare Island navy-yard because he was punished for overstaying leave. He was the man who lashed Admiral Farragut to the rigging during the fight in Mobile bay. The sheriff has received an execution for $4,000 against Calonberg & Vaupel, piano manufacturers, at 333 and 335 West Thirty-sixth street, and 53 West Forty-second street, New York, in favor of Eanma R. Merschrod, on a note. The trial of Emma Wood for the shooting and killing of Lew Brown, a well-known sporting man, on the morning of June 2, was commenced at Newark yesterday. The murdered man and Emma Wood had lived together as man and wife. The president has written a letter to President Higinbotham, of the world's Columbian exposition, expressing his regrets that he and Mrs. Cleveland are unable to accept the invitatations recently tendered them to visit the world's fair before it is perma-