gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cfa82e409f27a7aa
Response Measures
None
Description
Deputy bank commissioner placed in charge and bank closed after run; permanence implied though not explicitly stated.
Events (2)
1.July 13, 1925Run
Cause Details
Unspecified heavy withdrawals/run on deposits prompting regulatory action.
Newspaper Excerpt
A run on the bank yesterday caused the banking department to act.
Source
newspapers
2.July 14, 1925Suspension
Cause Details
State banking department closed the bank and placed deputy commissioner in charge following the run; shortage being investigated.
Newspaper Excerpt
Harveyville State bank was closed this morning and William Kennedy, deputy bank commissioner, was placed in charge.
Source
newspapers
Newspaper Articles (3)
1.July 14, 1925The Kansas City PostKansas City, MO
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Article Text
KANSAS BANK CLOSES
Run on Harveyville Institution Causes State to Act. ville State bank was closed this morning and William Kennedy. deputy bank commissioner. was placed in charge. Bank Commissioner Bone does not know what the shortage will be. A run on the bank yesterday caused the banking department to act. The bank is capitalized for $25,000. It is under the state guaranty law. Harveyville is in Wabaunsee county. thirty-five miles southwest of Topeka.
Dennis May Be Rearrested if Freed. M'ALESTER. OK., 14.-Should Governor Trapp today remit the $10.000 fine imposed Fred Dennis, former state bank commissioner, when he pleaded guilty a year ago to a charge of conspiracy. he probably will be rearrested as he leaves the prison. W. S. Keys, warden. today said that he intended to hold Dennis for Coal county authorities, who have a warrant for him.
Your room can be rented to reliable tenants if you will use Journal-Post Want Ads. Phone Main 4000.
Kansas State Bank Closed After Run
Harveyville State closed this and Will Kennedy Dep uty Bank in charge. Bank Commissioner does the shortage be run the bank yesterday caused the department The bank capitalized $25, 000. under Guaranty Law Waubaunsee thirty miles south west of Topeka
3.July 15, 1925Tulsa WorldTulsa, OK
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Article Text
BANK CLOSED IN KANSAS
Harveyville Institution Closed After Run-Capital $25,000.
Harveyville bank was closed Tuesday and Deputy Bank Commissioner Kennedy placed in charge. Bank Commissioner Bone does not know what the shortage will be. the bank Monday caused the banking depart. ment act. The bank is capitalized for It is under the state guaranty law. Harveyville is county, 35 miles south. west of
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
