Kirksville Trust Company (Kirksville, MO)

Episode Information

Episode UID
80013371479
Episode Type
Suspension β†’ Closure
Bank Type
trust
Bank ID
8001337 routing
Routing Number
80-0133
Start Date
March 1, 1923*
Location
Kirksville, Missouri (40.195, -92.583)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9b601b1493aa919d

Response Measures

None

Description

Failure followed discovery of large shortage and cashier's suicide; bank remained defunct with dividends paid later.

Events (3)

1. March 1, 1923* Receivership
Newspaper Excerpt
special finance charge of the bank since its close in March, 1923, after Lonnie Gibbs, cashier, was found dead in the vault
Source
newspapers
2. March 1, 1923* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Large embezzlement/defalcation discovered (approx. $460,000 shortage) after cashier Lonnie F. Gibbs committed suicide in the vault.
Newspaper Excerpt
shortage of approximately $460,000 exists in the accounts of the Kirksville Trust Company ... the cashier ... committed suicide in the vault March 18
Source
newspapers
3. January 20, 1927 Other
Newspaper Excerpt
final dividend of eightninths of per cent will be paid depositors of the defunct Kirksville Trust Company
Source
newspapers

Newspaper Articles (6)

Article from San Antonio Light, March 27, 1923

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Article Text

PARENTS SIGN OVER SON'S INSURANCE TO COVER BANK SHORTAGE Cashier Killed Self in Vault-Depositors Will Be Paid. Kirksville. Mo., March 27.-It was learned today that a shortage of approximately $460.000 exists in the accounts of the Kirksville Trust Company. The cashier of the bank. Lonnie F. Gibbs committed suiside in the vault 0 fthe bank March 18. Gibbs carried $600,000 life insurance. and his paients. Mr. and Mrs. Frank W. Gibbs. yesterday assigned $500.000 of the amount over to Dr. H. M. Still, president of the Citizens' National bank. to protect depositors. Mr. and Mrs. Gibbs were beneficiaries of the policies.


Article from Joplin Globe, January 30, 1925

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Article Text

FINANCE INQUIRY MILLS. PAUGH DENIES ATTORNEY GETS the Associated Press. Jefferson City, Mo., Jan. Inquiry the of the state finance department was begun by the senate general investigating committee. Finance Commissioner Millspaugh was on the stand than an hour day, testifying the employment of attorneys by the department liquidating of closed banks and incidentally gave the committee his opinion the for the "unusual number" of by bank officials. An afternoon session of the committee was prevented by tended argument in senate over senate bill 24. The finance missioner expected to resume the stand Received No for Advice. Senator Frank H. Farris, man of the committee, questioned Millspaugh in particular regard the employment Francis of Louis liquidation failed banks. Millspaugh that consulted Francis most of the bank failure cases but that he no for advice. committee chairman asked Commissioner Millspaugh WAS not true that Francis received from all local employed in liquidating closed banks. "Absolutely the finance commissioner replied, adding that Francis received fees only from cases which he actively gaged. The commissioner necessary that have an versed banking affairs, to consult with quickly tion with bank failures. Millspaugh told the committees the defalcations that resulted the failure the Kirksville Trust Company Kirksville. He suld the unusual that the bank falled for almost twice the amount reputed resources. Millspaugh that Lonnie Gibbs, of the institution, committed had kept duplicate of records the department of the bank.


Article from The Memphis Democrat, May 28, 1925

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Article Text

FRANK GIBBS PLEADS GUILTY AT CANTON Frank Gibbs, father of Lonnie Gibbs, former cashier of the Kirksville Trust Company, which failed in 1923 plead guilty at Canton, Tuesday receiving deposits when he knew the bank was in an insolvent condition. Lonnie Gibbs committed suicide the bank vault, and it later developed that he had an unusual amount of life insurance, taken out presumably protect the depositors, who it is said will receive almost 100 cents on the Judge E. Gantt of Mexico, who has been visiting Judge Pettingill and family here, tried the case, Judge Cooley being disqualified, was director in the bank. Judge Gantt went to Canton last night to sentence Gibbs, who it understood will get two years in the penitentiary on each two different counts.


Article from The Sarcoxie Record, January 20, 1927

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Article Text

MISSOURI Nuggets LATE STATE EVENTS CONDENSED FOR Kansas Ehlers, 60, accused by Mrs. Kathryn Ehlers of potsoning her husband, Gus H. Ehlers, brother and former president of the defunct State Bank, committed suicide at the home of another brother, Charles C. Ehlers, Rosedale section of Kansas City, Kan. Death caused by a*bullet from revolver. also had taken poison previousbut its effect was not rapid enough, he made certain of death by shooting himself. He used the kind same of poison that caused the death of his brother, Gus Ehlers. Jefferson invitation to address joint meeting of the Missouri House of and the Senate was extended Timothy Smiddy of Cork, Ireland, in concurrent resolution introduced in the Senate by Senator Casey, Democrat, Kansas City. Smiddy will speak on the FarmWeek program at the University Missouri, January 19. He has been invited to address the joint assembly on January 20. He is Minister Plenipotentiary from the Irish Free State the United States. Jefferson desire of county court curtail expenses is not good reason for dispensing with the services of superintendent of public welfare, it was held by Attorney General Gentry, in an opinion sent to the prosecuting attorney of Stoddard County. Eleven months ago the county court appointed such an officer for term three years, and now wants dispense with the officer on the grounds of economy. Kansas Baronne's favorite his life. Barrone, cabaret singer, and two companions entered the Nightingle Cabaret, formerly the Edwards Cafe, and sauntered through the crowd toward the barroom. In the center of the room he took revolver from his pocket. waiter barred his way. Barrone had been there before and frightened patrons with his revolver. Jefferson No. under the compensation law was received hΓ©re by Commissioners Phillips, Shaw and Richardson. James Ross, 23, working for Smith Brothers, contractors of Kansas City, was hurt January by rock falling from the roof tunnel. The commission directed immediate payment of the claim for Ross's injuries. has been started on the $4,000,000 dam on Black River, near Leeper. Workmen encountered rock depth of feet. Other holes will be sunk and engineers are confident that they have located solid base for the project. Letha Ann Kennedy, 83, died at her home in Caplinger Mills. She had spent her entire life in the same community. single casket, in single grave in country cemetery, two miles from where their home, now in ashes, once stood, the charred bodies of Mrs. Rex Ambley and her two small sons were burled. The three perished in fire that destroyed the Ambley home. Four other members of the famthe father and three children, were injured. fire breaking out in the cotton house Meyer Brothers' Ginning Company for time threatened to destroy the $65,000 gin. ton house and supplies valued $4,000 destroyed. St. H. Moyes, farmer northeast of Union Star, burned to death when his barn was destroyed by fire. He was 37 years old and widow and child. final dividend of eightninths of per cent will be paid depositors of the defunct Kirksville Trust Company, was announced by Campbell, special finance charge of the bank since its close in March, 1923, after Lonnie Gibbs, cashier, was found dead in the vault. death of Thomas Fitz of Des Are followed by the death of his wife. Fritz was Confedveteran and newspaper writer. Edgar Moore, 84, native Callaway County and who graduated from Lindenwood College at St. Charles 67 years ago, is dead at her home in Los Angeles, according to advices received here. She was taken III while to reception preparing go in Los Angeles honor of President and Mrs. Roemer of Lindenwood. West West Plains Chamber of Commerce unanimously indorsed the proposed $100,000,000 road bond Issue. This organization claims the distinction of originating and workout the first details of the issue. Pitcher Jack Bentley and Coach Miller of the New York Giants, who have hunting and fishing lodge in the Ozark hills, among the guests. killed when he crushed beneath wagon load of lumber, about 15 miles northeast of Columbia. The wagon had become uncoupled, and- was either thrown from to his death or had gotten off to attempt to make and was caught under the load. Wainscott, road was hauling lumber to repair bridge. blaze was discovered the roof of the home of Mrs. on Fannie Williams, "Uncle Dick" Worsham, climbed on top of the house and extinguished the flames.


Article from The Republic Monitor, January 20, 1927

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Article Text

MISSOURI News Nuggets LATE STATE EVENTS CONDENSED FOR THE BUSY READER Kansas Ehlers, cused by Mrs. Kathryn Ehlers of potsoning her husband, Gus H. Ehlers, brother and former president of the defunct Roanoke State Bank, commitsuicide at the home of another brother, Charles Ehiers, Rosedale section of Kansas City, Kan. Death caused bullet from revolver. Ehlers also had taken poison previousbut Its effect was not rapid enough, he made certain of death by shooting himself. He used the same kind poison that caused the death of his brother, Gus H. Ehlers. Jefferson invitation to dress joint meeting of the Missouri House of Representatives and the Senate was extended Timothy Smiddy of Cork, Ireland, concurrent resolution introduced in the Senate by Senator Casey, Democrat, Kansas City. Smiddy will speak on the FarmWeek program at the University Missouri, January 19. He been invited to address the joint assembly on January 20. He Minister Plenipotentiary from the Irish Free State the United States. Jefferson desire of county court to curtail expenses Is good reason for dispensing with the services of superintendent of public welfare, was held by Attorney General Gentry, in an opinion sent to the prosecuting attorney of Stoddard County. Eleven months ago the county court appointed such an officer for term of three years, and now wants dispense with the officer the grounds of economy. Kansas Baronne's favhis life. Barrone, cabaret singer, and two companions entered the Nightingle Cabaret, formerly the Edwards Cafe, and sauntered through the crowd toward the barroom. In the center the room he took revolver from his pocket. waiter barred his way. Barrone had been there before and frightened patrons with his revolver. Jefferson No. under the workmen's compensation law was received here by Commissioners Phillips, Shaw and Richardson. James Ross, 23, working for Smith Brothers, contractors of Kansas City, was burt January rock falling from the roof tunnel. The commission rected immediate payment of the claim for Ross's injuries. has been started on the $4,000,000 dam on Black Rivew, near Leeper. Workmen encountered rock depth of feet. Other holes will be sunk and engineers are confident that they have located solid base for the big project. Letha Ann Kennedy, 88, died her home in Caplinger Mills. She had spent her entire life In the same community. single casket. in single grave in country cemetery, two miles from where their home. in ashes, once stood. the charred bodles of Mrs. Rex Ambley and her small sons were burled. The three perished fire that destroyed the Ambley home. Four other members of the famBy. the father and three children, were injured. fire breaking out In the cotton house of the Meyer Brothers' Ginning Company for time threatened to destroy the $65,000 gin. cotton house and supplies valued $4,000 destroyed. St. H. Moyes, farmer northeast of Union Star. was burned death when his barn was destroyed by fire. He was 37 years old and leaves widow and child. final eightninths of per cent will be paid positors of the defunct Kirksville Trust Company, It announced by Campbell, special finance er. in charge of the bank since Its close cashier. found dead the vault. death of Thomas Fitz of Are followed by the death of his wife. Fritz Confederate veteran writer. Edgar Moore, 84, native of Callaway County and who graduated from Lindenwood College at St. Charles 67 years ago, dead her home in Los Angeles. according to advices received here. She was taken m while preparing go to reception in Los Angeles in honor of President and Mrs. Roemer of Lindenwood West West Plains Chamber of Commerce unanimously indorsed the proposed $100,000,000 road bond Issue. This organization claims the distinction of originating and working out the first details of the Issue. Pitcher Jack Bentley and Coach Miller the New York Glants, who have hunting and fishing lodge in the Ozark hills, were among the guests. Wainscott, 46, killed when he was crushed beneath wagon load of lumber, about 15 miles northeast Columbia. The wagon had become uncoupled. and he either thrown from to his death or had gotten off to attempt to make pairs and was caught under the load. Wainscott, road overseer, was hauling lumber to repair bridge. blaze was discovered on the roof of the home of Mrs. Williams, "Uncle Dick" WorFannie climbed on top of the house and extinguished the flames.


Article from The Jasper County News, January 27, 1927

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Article Text

MISSOURI News Nuggets LATE STATE CONDENSED FOR BUSY READER Kansas Ehlers, 60, cused by Kathryn Ehiers soning her husband, Gus brother former the defunct Roanoke State Bank, committed suicide at the home of another brother, Charles Ehiers, Rosedale section of Kansas City, Kan. Death caused by bullet from revolver. Ehlers also had taken poison previously, but Its effect was not he made certain of death by shooting himself. He used the same kind poison that caused the death of his brother, Gus H. Ehlers. Jefferson invitation dress meeting of the Missouri House of Representatives and the Senate was extended Timothy Smiddy of Cork, Ireland, in conΓ§urrent resolution introduced in the Senate by Senator Casey, Democrat, Kansas City. Smiddy will the Farmers' Week program at the University Missouri, January 19. He has been invited to address the joint assembly January 20. He is Minister Plenipotentiary from the Irish Free State the United States. Jefferson desire of county court to curtail expenses is not good reason for dispensing with the services of of public welfare, was held by Attorney General Gentry, in an opinion sent to the prosecuting attorney of Stoddard County. Eleven months ago the county court appointed such an officer for term of three years, and now wants to dispense with the officer on the grounds economy. Kansas Baronne's favorite his life. Barrone, cabaret singer, and two companions entered the Nightingle Cabaret, formerly. the Edwards Cafe, and sauntered through the crowd toward the barroom. In the center of the room he took revolver from his pocket. waiter barred his Barrone had been there before and frightened patrons with his revolver. Jefferson No. under the workmen's compensation law was received here by Commissioners Phillips, Shaw and Richardson. James Ross, 23, working for Smith Brothers, contractors of Kansas City, was hurt January by rock falling from the roof of tunnel. The commission rected immediate payment of the claim for Ross's injuries. on the $4,000,000 dam on Black Rivew, near Leeper. Workmen encountered rock depth of feet. holes will be sunk and engineers are confident that they have located solid base for the big project. Letha Ann Kennedy, died at her home in Caplinger Mills. She had spent her entire life in the same community. single casket, In single grave in country cemetery, two miles from where their home. now in ashes, once stood, the charred bodies Mrs. Rex Ambley and her two small sons were burled. The three perished fire that destroyed the Ambley home. Four other members of the famIly, the father and three children, were injured. fire breaking out in the cotton house of the Meyer Brothers' Ginning Company for time threatened to destroy the $65,000 gin. ton house and supplies valued $4,000 were destroyed. H. Moyes, farmer northeast of Union Star, was burned to death when his barn was destroyed by fire. He was old and leaves years widow and child. dividend of eightninths of per cent will be paid depositors of the defunct Kirksville Trust Company, It was announced by Campbell, special finance commissioncharge of the bank since its close in March, 1923, after Lonnie Gibbs, cashier, was found dead in the vault. death of Thomas Fitz of Des Are was followed by the death of his wife. Fritz was Confederate veteran and writer. Edgar Moore, 84, native of Callaway County and who graduated from Lindenwood College St. Charles 67 years ago, is dead at her home in Los Angeles, according to advices received here. She was taken while preparing to reception Los Angeles in honor of President and Mrs. Roemer of Lindenwood. West West Plains Chamber of Commerce unanimously indorsed the proposed $100,000,000 road bond issue. This organization claims the distinction of originating and workout the first details of the issue. Pitcher Jack Bentley and Coach Miller the New York who have hunting and fishing lodge in the Ozark hills, among the guests. Wainscott, 46, killed when he crushed beneath wagon load of lumber, about 15 miles northeast Columbia. The wagon had become uncoupled, and he was either thrown from to his death had gotten off to attempt make pairs and was caught under the load. Wainscott, road overseer, was hauling lumber to repair bridge. blaze was discov. the roof the home Mrs. Williams, Dick" climbed top the the