Farmers State Bank (Leon, KS)

Episode Information

Episode UID
83125271564
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
8312527 routing
Routing Number
83-1252
Start Date
April 3, 1930
Location
Leon, Kansas (37.690, -96.782)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c22b6f313c6c0ce7

Response Measures

None

Description

Bank voluntarily closed after a slow run and a receiver was appointed; depositors later paid partial dividends.

Events (4)

1. April 3, 1930 Run
Cause Details
Slow withdrawals/run against the bank leading to its failure; no specific rumor or external shock cited.
Newspaper Excerpt
A slow run on the bank was said to be the cause of the failure.
Source
newspapers
2. April 3, 1930 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Voluntary closure following the slow run which rendered the bank unable to continue operations.
Newspaper Excerpt
This bank was voluntarily closed two weeks ago.
Source
newspapers
3. April 17, 1930 Receivership
Newspaper Excerpt
Thursday morning A. W. Ray took charge of the Farmers State Bank as receiver.
Source
newspapers
4. August 14, 1930 Other
Newspaper Excerpt
the Farmers state at Leon $10,000 on August 14.
Source
newspapers

Newspaper Articles (4)

Article from Madison News, April 10, 1930

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Article Text

A LEON BANK CLOSES The doors of the Farmers State Bank of Leon, Kan., were closed last Thursday, Apr. 3. A slow run on the bank was said to be the cause of the failure.


Article from The Leon News, April 18, 1930

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Article Text

A. W. RAY, RECEIVER Thursday morning A. W. Ray took charge of the Farmers State Bank as receiver. This bank was voluntarily closed two weeks ago. E. J. Boland, president and A. W Ray, one of the four directors of the bank, have been in Topeka, a couple of days this week conferring with State Bank officials, in regard to settlement of the affairs of the bank. Mr. Ray is well fitted by his business experience to handle the affairs of the bank in an excellent and satisfactory manner. FOR SALE- Cabbage plants at 10c per dozen or 3 dozen for 25c. At the News Office.


Article from Council Grove Republican, August 1, 1930

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Article Text

TO PAY DEPOSITORS Topeka, Aug. W. Johnstate bank receiver, will pay $4,900 to depositors of the New Cambria state bank. This makes 91 per cent. Aug. 6, the Hartford bank will be paid The state bank will be paid $8,200 on Aug. 11, the Sawker City Commercial state per cent on August and the Farmers state at Leon $10,000 on August 14. FIND WAY HOME Hutchinson, Aug. pigeons have reputation of able to find their back home, but McCurdy has land terrapin with the same homing instinch. Four times the turtle has been taken into the country and always turns to the McCurdy home. FORCED LANDING Hutchinson, Aug. treesitting veteran to make forced landing day when his parents moved to another home. Bill Repass had mark of 27 hours aloft when he was forced to descend. FACES MURDER CHARGE Emporia, Aug. warrant charging Willie Dixon, colored, with murder in connection with death Rock Thomas Bushong Saturday has been sued. Dixon has been located, believed. NEW SIGNS UP new steel pendant sign luminated at night by four electric lights was erected yesterday the Standard Oil station. New store signs were placed over the Palace and Roberts Groceries this week. BONE IN THROAT Aug. Johnson taken to Wichita hospital this week for the removal sliver of bone which stuck his throat while he was eatpork chops. A GIRL DROWNS Independence, Aug. Marie Enders, 23 years old, was in the Verdigris yesterday when launch swamped, throwing seven occupants into the water.


Article from Council Grove Republican, January 15, 1932

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Article Text

NEW BANK DIVIDENDS Topeka, Jan. Johnson, state bank make in full to Tyro State bank of money they had on deposit last May when the bank closed. On 16 the Citizens State of betha will receive final cent dividend. On the Commercial State of will be paid per cent, on 25 the Farmers State Leon will receive per cent and on Jan. 28 the Manhattan State will receive 25 per cent.