7155. Yates Center National Bank (Yates Center, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
6326
Charter Number
6326
Start Date
December 2, 1913
Location
Yates Center, Kansas (37.881, -95.733)

Metadata

Model
gpt-5-mini
Short Digest
f2a88af6

Response Measures

None

Receivership Details

Depositor recovery rate
64.5%
Date receivership started
1913-12-05
Date receivership terminated
1918-07-26
OCC cause of failure
Fraud
Share of assets assessed as good
40.8%
Share of assets assessed as doubtful
37.6%
Share of assets assessed as worthless
21.6%

Description

The bank was closed by a national/state examiner in early December 1913 and placed in receivership thereafter; no run is reported. Causes cited are failure to realize on securities, mismanagement, and large embezzlements by the president C. G. (Charles G.) Ricker, who fled and was later indicted. Receiver appointment reported Feb 6, 1914. No reopening is reported in these articles.

Events (4)

1. July 1, 1902 Chartered
Source
historical_nic
2. December 2, 1913 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed by order of bank examiner due to failure to realize on securities; reported mismanagement, unwise loans and improper supervision of collateral; large shortages and alleged embezzlement by president C. G. Ricker.
Newspaper Excerpt
The Yates Center National bank, one of the largest banking institutions in southern Kansas, closed its doors this morning and is in charge of a national bank examiner sent here by the comptroller of currency.
Source
newspapers
3. December 5, 1913 Receivership
Source
historical_nic
4. February 6, 1914 Receivership
Newspaper Excerpt
A. H. Gillis of Kansas City, Kan., has received an appointment as receiver of the Yates Center National bank of Yates Center, Kan. The bank closed in December when its president, C. G. Ricker, disappeared.
Source
newspapers

Newspaper Articles (18)

Article from The Topeka State Journal, December 2, 1913

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CLOSED ITS DOORS Yates Center National Bank Suspends Business. Into Hands National Examiner This Morning. HAD DEPOSITS OF $263.000 Was No Local Warning of Bad Condition But Rumor in Banking Circles of Mismanagement. Yates Center, Kan., Dec. 2-The Yates Center National bank, one of the largest banking institutions in southern Kansas, closed its doors this morning and is in charge of a national bank examiner sent here by the comptroller of currency. Mismanagement of the institution's affairs and funds is reported to be responsible for the bank's financial troubles. No warning of the bank's difficulties was given locally until this morning the bank officers posted in the window a notice that the institution was in the hands of the comptroller of the currency. No announcement as to the exact conditions of the institution had been made. The Yates Center National, according to a recent official report, carried time and individual deposits aggregating $263,000. The bank was capitalized at $50,000 and its report showed a surplus and profit fund of $17,000. C. G. Ricker is president of the bank and E. W. Naylor is cashier. It is claimed that for some months there has been a rumor in banking circles that the bank's condition was not the best. Mismanagement, unwise loans and improper supervision of collateral is said to have been largely responsible for the embarrassment which today caused the bank to close its doors. Two other banks in the town, the Commercial State and the Exchange State, are both said to be in good condition. News of the closing of the doors cf the Yates Center National was received this morning at the office of Bank Commissioner Charles M. Sawyer. As the state bank commissioner's office has no jurisdiction over national banks, nothing officially is known here regarding the condition of the bank. There are three banks in Yates Center, the county seat of Woodson county. The Commercial State and Exchange State are both operating under the state bank guaranty law and according to their latest official reports are in excellent shape. Expect Assets to Meet Liabilities. The bank was closed by order of Bank Examiner A. C. Cutler. Failure to realize on securities was the cause assigned. The bank was one of the oldest in the county and had been regarded as one of the strongest. Its liabilities are said to be nearly $300,000 and its assets if realized upon, in excess of that amount. C. C. Ricker, president of the bank, said he believed the depositors would be paid in full. Was Established 1885. Bank directories issued July 1, this year, show that the Yates Center National at that time carried deposits aggregating $250,000, with loans, discounts, stocks, bonds and securities aggregating $260,000. Its officers are C.G. Ricker, president; C. D. Robbins, vice president; W. W. Naylor, cashier and F. F. Hogueland, assistant cashier. The bank was established in 1885 and was the oldest in Woodson county. There are but eight banks in the county and only two are national banks. The bank was a member of both the national banker's association and the state banker's association. Its correspondents are the Hannibal National, New York; National Bank of Commerce, St. Louis; and First National, Kansas City, Mo.


Article from The Bemidji Daily Pioneer, December 3, 1913

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NATIONAL BANK IS CLOSED Kansas Institution Fails to Realize on Its Securities. Yates Center, Kan., Dec. 3.-The Yates Center National bank was closed by order of Bank Examiner A. C. Cutler. Failure to realize on securities was the cause assigned. The bank was one of the oldest in the country and had been regarded as one of the strongest. Its liabilities are said to be nearly $300,000 and its assets, if realized upon, in excess of that amount. C. C. Ricker, president of the bank, said he believed the depositors would be paid in full.


Article from The Madison Daily Leader, December 3, 1913

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NATIONAL BANK IS CLOSED Kansas Institution Falls to Realize on Its Securities. Yates Center, Kan., Dec. 3.-The Yates Center National bank was closed by order of Bank Examiner A. C. Cutler. Failure to realize on securities was the cause assigned. The bank was one of the oldest in the country and had been regarded as cne of the strongest. Its liabilities are said to be nearly $300,000 and its assets, if realized upon, in excess of that amount. C. C. Ricker, president of the bank, said he believed the depositors would be paid in full.


Article from The Red Cloud Chief, December 11, 1913

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Yates Center, Kas.-The Yates Center National bank was closed Tuesday by order of Bank Examiner A. C. Cutler. Failure to realize on securities was the cause assigned. The bank was one of the oldest in the county and had been regarded as among the strongest. Its liabilities are said to be nearly $300,000.


Article from The Topeka State Journal, December 17, 1913

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While It Grew Cold Ricker Cranked His Car. YATES CENTER BANK CASE Pres. Ricker Missing Since Saturday Night. Federal Attorney Returns Home Peeved. For 36 hours the department of justice delayed the contemplated arrest of C. G. Ricker, president of the defunct Yates Center National bank. Ricker took advantage of 35 and a half hours of that time and it is claimed that in 30 minutes after he closed the door of the bank building he was a fugitive from justice. A warrant charging him with falsifying entries and making false statements to the comptroller of the currency has been issued and government officials in all parts of the United States are on the lookout for the bank president. Three specific counts are charged in the formal complaint against Ricker. When L. S. Harvey, an assistant United States district attorney, returned to Topeka this morning from his futile trip to Yates Center to secure Ricker's arrest, he was a bit peevish and in no frame of mind to see the humorous side of Ricker's escape. The things which Harvey knows about the case, he declined to discuss. Neither would he confirm nor deny numerous rumors about the Yates Center national bank situation. He protested that he did not have a copy of the Ricker complaint in his possession, that there was no copy in the office files and that he could not recite from memory the details of the complaint. Neither would Harvey discuss even in a general way the invesfigation by the department of justice into the affairs of the bank or the evidence on which the government will base its hopes of a conviction in event Ricker is found. Harvey In Charge of Case. Harvey has been in charge of the Yates Center bank case since the dethe partment of justice, through comptroller's office, smelled smoke and decided that a full investigation was wise. However, the case is apparently being handled through several sources and several departments and Harvey protested today that he was not in possession of the facts and wouldn't discuss them if he were. Complaint Against Ricker. The complaint against Ricker, however, charges him with falsifying the records of the bank and with making false sworn statements to the comptroller of the currency regarding the defunct institution's financial condition. There is no formal charge of forgery in the present complaint against Ricker, Harvey declares. Yet Harvey would not discuss the government's possible possession of such evidence or its future action in the matter. At least one alleged forgery has come to light since the closing of the bank and it is rumored that the government is in possession of even further facts, although no official in Topeka will verify such statements. A note for $3,850 a with the name of John Holimquist, Woodson county farmer, is said to be listed among the bank's paper. Holimquist has denied that he signed such a note or is in any manner indebted to the bank. Methods pursued by Ricker in "kiting" paper to avoid detection, will probably not be known until Ricker is arrected and brought to trial. Just how Ricker succeeded in keeping this paper under cover for a period of several months, is still a mystery 80 far as the public is concerned, Ricker Handled Bank's Business. It has been rumored that Ricker himself looked after much of the detail work of the bank and that Cashier Naylor performed only the formal service of waiting on the customers and signing such statements as the bank was required to make. It has been reported that on several occasions President Ricker handed the bank cashier slips of paper on which were lists of figures. From these memorandums, it is claimed. the cashier was instructed to make up his reports. Thus the cashier and directors are said to have been kept in the dark regarding the true financial conditions of the bank and that there was no suspicion among bank officials until a few days before the bank's doors closed. After the failure of the bank two weeks ago, the comptroller of the currency placed a receiver in control and expert accountants began an audit of the bank's books. Plans for reorganization of the national bank as a state bank were discussed and an application for a state bank charter made to the state bank commissioner. Ricker, it is claimed, had promised to turn over his property to the bank creditors in order to aid in lifting the a bank's debt. There was nearly quarter of a million dollars on deposit in the bank at the time of the failure, although the cash fund was not large. But with the assurance that Ricker would turn over his property, there was hope that the liabilities of the bank could be met and that the institution could be reorganized as a state bank. All of these things were under consideration it is said. while


Article from Western Kansas World, December 20, 1913

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KANSAS BANK CLOSES DOORS The National Bank of Yates Center Forced to Quit Business by the State Examiner. Yates Center, Kan.-A. C. Cutler, a state bank examiner, has closed the doors of the Yates Center National Bank. Failure to realize on paper is the cause assigned. , The National was the oldest and until recently the strongest bank in the county. The liabilities are nearly $300,000, and the assets are supposed to be in excess of that amount. C. G. Ricker was the president and manager of the bank. The other banks of the town are in good condition and no apprehension is felt for their safety. The president of the closed bank said he thought the depositors would be paid in full. In its last report the bank showed depositst of $263,000. It is capitalized at $50,000 and has a surplus and profit fund of $17,000. E. G. Ricker is president and F. W. Nayler cashier of the institution.


Article from The Topeka State Journal, December 23, 1913

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IS PASSED RICKER CASE Senate Approves Conference Echoes of Yates Center Bank Case Are Sad. Report on Currency Measure. It Now Goes to the President Widow Who Lost Her Allfor Signature. Ricker's Wife Destitute. FINAL VOTE STOOD 43 TO BELONGED TO CHURCH Three Republicans and One Had a Good Record Up to Bull Moose Join Majority. This Time. It Was Passed by the House His Son Is Loyal and Still Be298 to 60. lieves Father Will Pay. Washington, Dec. 3.-The conference New stories of the affairs of the report on the administration currency Yates Center National bank indicate bill was approved by the senate today that the condition of the institution is by a vote of 43 to 25. As the house even worse than at first reported and already had approved it there remain no one pretends to know the extent of ed only the signature of the vice presPresident Ricker's shortages and deident and the speaker to complete the falcations, although the total has been to measure for the president's signature. conservatively placed at $175,000 Three Republicans and Senator Poin$200,000. dexter, Progressive, joined the DemoAs the gossip of the affairs of the crats, voting for the bill in its final form. bank is told and retoid on the streets The Republicans were Senators Jones, of Yates Center, some new sensation is Norris and Weeks. The passage of the daily added to make conditions even report was greeted with little demonstration. worse than first reports indicated. R. Bristow Attacks the Bill. H. Trueblood, a director and stockWhen the senate debate began unholder in the bank, admits that the in- 25 stitution will not pay more than der the agreement to vote by 2:30 this afternoon, Senator Bristow, one of the per cent to the depositors. Other perRepublicans on the banking commitsons in touch with the affairs of the tee who had been denied admittance bank are inclined to believe that Trueblood's figures are too high. to the deliberation of the Democrat conferees, led off with an attack, say Nearly a quarter of a million dollars ing he proposed to express his opinof Woodson county farmers and merions where they would get into the cants' money is tied up in the bank permanent record. and its alleged assets. Ricker is gone The agreement placing the secreand the government is locking for him tary of the treasury, secretary of agwith a warrent charging him with falriculture and comptroller of the cursifying records and reports In their rency on the committee to organize home in Yates Center, Mrs. Ricker is a the new system, he declared, was alone and almost destitute, it is claimmove to bring the whole system uned. No one knows when the affairs der political control. (Continued on Page Six.) Arrangements for debate provided that Senators Bristow, Nelson and other Republicans who opposed the conference agreement would have IT MAY BE BLACK about three hours to talk. Senator Bristow declared he believed Senator Owen had excluded him from the conRumored That Rock Island Is ference for fear he would join some of the Democrats against Owen's "pet After Santa Fe Official. measures. "It was done because he knew he could not control my vote," cried Mr. Ripley Road May Lose Another Bristow, "as he could not control the votes of some of his Democratic colMan to Competitor. leagues, in the interests of certain great banking interests, that have had a hand throughout in framing this Following the announcement from bill. The senator from Oklahoma has Chicago to the effect that John Sebasaccepted the meet offensive provisions tian, the dean of railway passenger of the Aldrich bill and has covered had resigned as third vice presithem with a mask to deceive the people. men, dent of the Rock Island Lines, it is rumored persistently in Topeka today traffic Dose of Their Own Medicine. that W. J. Black. passenger asked Senator John Sharp Williams, declarmanager of the Santa Fe, will be affairs the passenger ing the Republicans were crying Rock the Island. to take charge of In view of the fact against the same sort of procedure they had always exercised, when in power, on that the Rock Island has taken over illustrated his point with a story of several Santa Fe department heads in a negro woman who had decried autothe last few years, it is considered very mobiles until she got a ride in one, and likely by Topeka railway men that the then admonished the driver: move may be followed out. 'Jedge, jes run right over dat man, instance look at the Rock Island he ain't got no business out in front staff For of Santa Fe trained men as it of our car. stands today: H. U. Mudge, president. "That's the way I feel about you Republicans. said he. J. E. Gorman, first vice president. Senator Townsend, Republican, atA.E. Sweet, general manager. C.A. Morse, chief engineer. tacked the bill. declaring it would reF. J. Easley, assistant general mansult in inflation. The measure shows the effect of the views of that Democratic leader who is now the ager. Any number of division superintendents and other minor officials are Santa distinguished secretary of state," he Fe trained men They were taken over said, "and those views, if carried to the Rock Island owing to the at conclusion, would inflate both curtractive by salaries offered by the road rency and credit to the breaking point. The policy of the Santa Fe in setting Senator Lewis, Democrat, defended certain limit on the salaries paid its officers a and the energy of the Rock Secretary Bryan and declared the ReIsland in taking advantage of this publican party had been forced to write into law many of the policies he policy by flattering offers, has given had advocated the latter road a trained set of offiSenator Shafroth, Democrat, decials with which to compete with its rival across the country between Chifended the procedure of the Democratic conferees. cago and the coast. House Passes It. It is believed by many railroad men that the Rock Island will not fill the Washington, Dec. 23. The house vacancy caused by the retirement of passed the conference report on the Sebastian. It is thought that the exadministration currency bill at 10:46 ecutive heads of the passenger and o'clock last night by a vote of 298 to freight departments will be placed un60, and sent the report to the senate, der the supervision of one office-that which had waited in session to receive of Vice President Gorman. The econoit before adjournment for the night. my plan of the Rock Island has inProlonged and uproarious cheers cluded the assistant general managerfrom the Democrats greeted the anship of the third district. nouncement of the vote by Speaker W. J. Black is well known in Topeka Clark and members of the house hastand in railway circles of the west. He ened over to the senate to see the rethe in Earlier there. received port was general passenger agent of the road here from 1897 until 1905. Then evening the senate had agreed to vote he went to Chicago as passenger trafnot later than 2:30 o'clock today and fic manager He has been right up the leaders regarded it as certain that through the ranks of the passenger the completed bill would be in the department beginning railroad work as hands of President Wilson for his signature before tonight. rate clerk on the Missouri Pacific in 1884. On the final vote, 37 Republicans, 12 Progressives, including Victor Murdock, and one independent, Kent (Cal.), voted with the majority for PESSIMISM IS GONE. the report, and two Democrats, Calloway (Tex.) and Witherspoon (Miss.), joined the opposition. Wall Street Smiles Once More Since The vote followed a debate of nearCurrency Bill Passed. ly three hou.s, during which the galleries remained crowded with spectaNew York, Dec. 23 -The note of pestors, including many prominent fig. simism in the holiday sentiment in Wall ures in official life. The house adjourned until 2:30 p. m. today, when street, which was in evidence a week ago, has disappeared and now it is the leaders hope to put through a said that the usual bonuses to emjoint resolution for a recess until Jan. 12. ployees will be paid by brokers and How They Voted. bankers generally. Saturday's sudden reversal in the course of prices as a Republicans who voted for the report are: result of the passage of the currency bill through the senate and the peaceBarton, Burk (S. D.), Cooper, ful solution of the American Telephone Cramton, Curry, Davis, Dillon, Esch, and Telegraph case with its promise of Farr. Frear, Haugen, Helgeson, Kelly an old-fashioned bull movement ban(Mich.), Keiss, Kinkaid (Neb.), Le. ished the pessimism. Follette, Lenroot, Lindquist, Miller, There was more happiness to the Moss (W. Va.), Nelson, Nolan, Norton, Sinott, Sloan, J. M. C. Smith (Mich.) square inch on the New York Stock ExSmith Smith (Mich.), Samuel change in one minute Monday, as one of its members expressed it, than there (Minn.), Stafford, Stevens (Minn.), Sutherland, Treadway, Young (N.D.), had been to the whole securities marMinahan, Mapes, Stephens (Cal.), ket in any one month earlier in the Woodruff-37. year. Paying of Christmas bonuses by Progressives who voted for the rethe big banks has already begun. One bank with many branches throughout port: Bell (Cal.). Bryan (Wash.). Chan the city started the ball rolling by disdler, Falconer, Hulings, Kelly (Pa.), bursing $38.000 among its employees. Lafferty, Murdock, Temple, MacDonaid. Thompson (IH.). RupleyWeather Forecast for Kansas. After the announceme of the Cloudy and unsettled tonight and by vote, a joint resolution proposed Wednesday; not much change in temperature (Continued on Page Eight.)


Article from The Topeka State Journal, December 27, 1913

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DEPOSITORS ON GUARD Yates Center People Ask for Trustee to Protect Interests. Iola, Kan., Dec. 27.-Four hundred depositors of the defunct Yates Center National bank at a meeting today decided to form an organization to protect their interests. The organisation will make an effort to take the bank out of the receivership. An attorney is to be selected to represent the depositors who will agree upon some one to be recommended to the court as trustee for them.


Article from Abilene Weekly Reflector, January 1, 1914

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YATES DEPOSITORS DIFFER. Some Favor a Trusteeship, Leading to a New Bank. Iola, Dec. 27.-Divided in their ideas as to what steps to take in protecting their interests, the 1500 depositors of the defunct Yates Center National bank have separated into factions. One favors a trusteeship for the depositors, relieving the receiver and saving the incidental costs and finally the organization of a new bank. The other opposes that plan as prejudicial to their interests. The depositors holding to the latter plan are holding a meeting in the Yates Center city hall. Those who favor the selection of trustees from among the depositors and the organization of a new bank will hold their meeting this afternoon.


Article from The Topeka State Journal, January 5, 1914

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YATES CENTER ENOOURAGED. Stockholders May Take Charge and Pay Depositors. Yates Center, Kan., Jan. 5.-A meeting of the stockholders and patrons of the Yates Center National bank, now in the hands of a temporary receiver, was held and a movement started to rehabilitate that institution by the depositors and old stockholders restocking the bank, eliminating all bad paper, taking over that which is good and assuming all responsibility. It has lately been' learned that the condition of the bank is not so bad as has been reported.


Article from The Topeka State Journal, February 6, 1914

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GILLES IS RECEIVER. Kansas City Man Will Take Charge of Yates Center Bank Affairs. Kansas City, Feb. 6.-A. H. Gillis of Kansas City, Kan., has received an appointment as receiver of the Yates Center National bank of Yates Center, Kan. The bank closed in December when its president, C. G. Ricker, disappeared. Ricker is now being sought by government authorities. It is charged that Ricker owed the bank $35,000 and it is said he owes $19,000 on notes to a St. Louis bank. The liabilities of the Yates Center bank are estimated at $175,000 and the assets $400,000.


Article from The Topeka State Journal, February 16, 1914

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this city after his address before the Republican club dinner. The speaker of the house and many members heard his political speech. He visited the legislature the morning following. A resolution extending the privileges of the floor and inviting him to address the legislature was offered and unanimously adopted. A committee, consisting of the majority and minority leaders, was named to escort Mr. Campbell to the speaker's desk, from which he delivered an address on 'Representative Government.' "Mr. Campbell said the world was better governed today than ever before, and that representative government was no longer an experiment; that constitutions following our own were being framed and adopted by the enlightened nations of the earth providing for constitutional, representative governments, and suggested that we would do well to adhere to that form of government which was doing so much for the betterment of government throughout the world. "It was an honor rarely conferred, and Mr. Campbell's response was worthy of the honor and the occasion." The congressional committee of the National American Woman Suffrage association honored the memory of Susan B. Anthony, February 15, by holding a mass meeting in the interests of equal suffrage at one of the local theaters. Congressman Dan R. Anthony, jr., a nephew of Susa. B. Anthony, occupied a seat on the platform and he spoke of the famous woman to whom he was so closely related. Albert Gillis of Kansas has been appointed receiver of the Yateg Center National bank, a position which will pay $4,000 a year. The position will last for two or three years. I An agreement was reached between the Bulkley rural credits subcommittee of the house and the senate banking subcommittee, to begin joint hearings on the legislation within a few days. Congressman Dualey Doolittle of the Fourth Kansas district appeared before the Bulkley committee this week and made a strong argument for farm credit legislation. Congressman Joe Taggart of the Second Kansas district has been appointed by Speaker Clark as a member of a committee of the house of ten members to attend the Dallas corn exposition. Mr. Taggart will arrive in Kansas within a few days and remain for a short stay.


Article from The Topeka State Journal, April 28, 1914

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BANKERS' MEETING. Commissioner Sawyer and Assistant Go to K. C. State Bank Commissioner Charles M. Sawyer and P. E. Laughlin, first assistant, left this afternoon for Kansas City, where they will attend the fifth annual convention of the Kansas State Bankers' association in session today and tomorrow. Both Sawyer and Laughlin will speak at the Kansas City meeting. At the meeting Wednesday, Sawyer will discuss general banking rules and conditions in Kansas. Laughlin will discuss the state bank guaranty fund and make public his report affecting its condition. Mrs. Cora G. Lewis of Kinsley will speak on "The Bonds of Unity Between Education and Banking." . A. Hale, cashier of the Commercial State bank, Yates Center, will tell of the benefits of the guaranty law to the Yates Center bank during the local panic which followed the closing of the Yates Central National. Governor Hodges will also speak at the Kansas City meeting Wednesday.


Article from The Topeka State Journal, May 7, 1914

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six indictments against him. Evidence presented to the federal grand jury at Fort Scott this week is said to have revealed one of the most glaring bank defalcations in the history of the state. Ricker's operations are said to have revealed thousands of dollars worth of forged paper and the falsifying of reports to the comptroller of the currency during the few months preceding the closing of the bank in December, 1913. A warrant for Ricker's arrest was issued a short time after the comptroller took charge of the institution. But before the warrant was served, Ricker left Yates Center in an automobile. He was never found. Likely Be Other Arrests. In the six indictments against Ricker, the bank president is charged with embezzlement, falsifying statements to the comptroller, misapplication of funds, the use of forged paper for his own private gain and aiding in misapplication of funds. This last indictment has led to the general belief that other arrests are to be made in connection with the case and that Ricker's alleged accomplices are to be held by the government. As no arrests had been made in the case late this afternoon, no information concerning further action in the case is given by government officials. Ricker Not in U.S. It is not believed that Ricker is in the United States at this time. Since last December the government has been looking for the Yates Center banker, whose defalcations are said to reach thousands of dollars. Government officials now believe that Ricker will be arrested and returned to KanFas for trial. It is even rumored that the government soon expects to end its long man hunt by reporting Ricker's arrest and extradition to the United States. Any information which the government may have, however, is being carefully safeguarded and so far as any news that the federal department will give, Ricker may be in Woodson county or in the wilds of Africa. At the time the Yates Center National closed its doors, it carried deposits amounting to $200,000. Its liabilities were given at about $250,000. Charges made by the government are to the effect that Ricker not only forged notes and embezzled the funds of the institution, but falsifed the books, records and statements of the bank. Ricker and members of his immediate family are said to have owed the bank more than $35,000 at the time of the failure. After the bank closed, Ricker assigned his home and other property. Story of His Defalcations. Evidence in possession of the government is to the effect that Ricker adopted the "kiting" system and secured a chain of loans from correspondent banks through the floating of worthless notes. Not only did Ricker himself secure heavy loans from the bank, but loans were made to members of his household. To evade suspicion, Ricker's notes bore such signatures as C. Gordon Ricker, C. Gordon, Charles Gordon, C. G. Ricker, Charles G. Ricker-each name purporting to be the signature of a different person. Many notes in the bank are said to have been signed by Ricker's wife, and by Ricker's son, who lived on a stock ranch in Idaho. Excessive loans were made to Thomas C. Ryan and W. C. Taedman of Yates Center and it is claimed that much of this paper is not only worthless, but held by the Woodson county banker as fake collateral to cover shortages. On one occasion, Ricker went to Kansas City with Ryan, where he endorsed Ryan's note for $19,000 at a bank. The paper is said to be worthless and the loan was made by the Kansas City bank on the representations that Ryan was a wealthy stockman whose request for a loan was larger than the Yates Center bank was able to handle at the particular time. Many other glaring instances of embezzlement are charged by the government in the case against the bank president and will be offered in evidence in event Ricker is arrested. Should Ricker be apprehended, his minimum bond under the charges against him will be $50,000.


Article from The Topeka State Journal, June 23, 1914

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RICKER HEARD FROM. Fleeing Banker Represented by Lawyer to Fight Attachment Suit. St. Louis, June 23.-Charles Gorden Ricker, formerly president of the Yates Center National bank, at Yates Center, Kan., for whom a nation wide search has been conducted since December 16, last, through an attorney Monday entered his appearance in the circuit court at Clayton, in St. Louis county. A. B. Chandler, his attorney, however, did not explain where Ricker could be found and his whereabouts still is a mystery. Federal officials have sought him in vain since the failure of the Yates Center bank. Ricker's appearance in court came in the form of an answer to $2,200 attachment suit filed in 'the Clayton circuit court last Monday by A. H. Gillies, receiver for the Yates Center bank. Ricker filed a counter claim for $50,000 against Receiver Gillis. Ricker declared he owed the Yates Center bank $5,700 and that on December 13, he gave Alexis C. Butler, then the bank's receiver, property valued at $50,000 as security for the debt. Ricker declared the present receiver is claiming absolute title to these securities.


Article from Abilene Weekly Reflector, June 25, 1914

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Former Head of Yates Bank Fails to Show Up in Court WHEREABOUTS STILL MYSTERY Attorney Answers Attachment Suit With Allegation That Summons Wasn't Served Upon Him St. Louis, June 23.-Charles Gordon Ricker, former president of the defunct Yates Center National bank at Yates Center, Kan., and former chief clerk of the United States subtreasury here, for whom a nationwide search has been conducted, entered his appearance in the circuit court at Clayton through his attormey, A. B. Chandler. Ricker's whereabouts have been n mystery to federal officials, who have been seeking him ever since the failure of the Yates Center bank. He did not appear in court in person, and his attorney did not explain where Ricker could be found. Ricker filed answer to a $2000 attachment suit in circuit court last Monday by A. H. Gillis, receiver for the Yates Center bank. He alleges that judgment for $22,000, which was for an alleged overdraft, returned in Woodson county, Kansas, is void because service had not been btained on him personally or by publication. Copy of the original petition, he said, was left under the door of a vacant house in Woodson county, in which Yates Center is, but he said this house never had been his. He asked that the judgment be set aside. When the Yates Center, Kan., National bank failed last fall Ricker declared all the depositors would be paid in full. He disappeared several nights after the failure, after stattng that he had no intention of leavIng town. His wife remained behind, for a time. Federal officials immediately took the bank's affairs in hand and it was stated that the amount of the shortage would be more than $200,000, of which much was on a bad loan to one man. An indictment against Ricker was returned in Fort Scott. A true bill also was returned against the man to whom so much was loaned. Ever since Ricker has been sought far and wide. At various times he has been reported in St. Louis, in Canada, in Mexico and in South America.


Article from The Topeka State Journal, June 17, 1916

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No. 20.253. Lucy J. Phillips, as Clerk, etc., Appellee, vs. The Yates Center National Bank and A. H. Gillis, as Receiver, etc., Appellants. Appeal from Woodson County. REVERSED. Syllabus. By the Court. Mason, J. 1. Where deposits in a bank are made from time to time to the credit of the depositor as a public officer, entry thereof being made in a pass-book, and checks are drawn and paid in the ordinary course of business, monhly statements being rendered, testimony that it was the purpose of the depositor that the lands should be kept separate and should be always there so that they could be checked out at any time, affords no basis for regarding the amount on hand as a special deposit. 2. The claim of an officer for funds deposited by him in a bank which has become insolvent is entitled to no priority


Article from The Topeka State Journal, September 6, 1916

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today City, Kan I Kansas City, Kan., Sept. 6.-A. H. Gillis two years ago was indorsed for the postmastership by the Democratic office holders of Wyandotte county and the county central committee, but was turned down when Senator Thompson named William Firstenberger, his personal friend. As soon as Firstenberger was removed Friday, after postoffice inspectors had found iregularities in his office, the Gillis supporters renewed their fight. The race narrowed to Gillis and W. W. Gordon, who had the support of independent Democrats. The fight was a bitter one. Gillis has held several county offices. He was the first secretary of the county central committee when the primary law went into effect, serving from 1908 to 1910. He has been county assessor, in the surveyor's office and park superintendent. At present he is by federal appointment receiver of the Yates Center National bank. His work there is nearly done.