9114. Kansas City Safe Deposit & Savings Bank (Kansas City, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 1, 1894*
Location
Kansas City, Missouri (39.100, -94.579)

Metadata

Model
gpt-5-mini
Short Digest
c54778c1e2f26f49

Response Measures

None

Description

The articles report the institution as 'defunct' and describe a receiver's sale of assets in December 1904. The original failure occurred about ten years earlier (circa 1894) and officers were criminally prosecuted. No run is described in these items; the bank has been closed and placed in receivership, consistent with a suspension leading to permanent closure. 'State' chosen for bank_type because the name indicates a savings/safe-deposit institution (state-chartered savings bank) though charter type is not explicitly stated.

Events (2)
1. January 1, 1894* Other
Newspaper Excerpt
The failure of the bank ten years ago caused much distress among the poorer classes who lost all their savings when the institution collapsed. The officers of the bank were criminally prosecuted.
Source
newspapers
2. December 16, 1904 Receivership
Newspaper Excerpt
Assets of the defunct Kansas City Safe Deposit and Savings bank of the face value of one million dollars were sold by the receiver today for $400.
Source
newspapers

Newspaper Articles (3)
1. December 17, 1904 The Cairo Bulletin Cairo, IL
Article from The Cairo Bulletin, December 17, 1904

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Article Text

$1,000,000 IN ASSETS BROUGHT JUST $400. By the Associated Press. of Kansas City, Dec. 16.-Assets the defunct Kansas City Safe Deposit and Savings bank of face value of one million dollars were sold by the receiver today for $400. -The failure of the bank ten years ago caused much distress among the poorer classes who lost all their savings when the institution collapsed. The officers of the bank were criminally prosecuted.

2. December 23, 1904 The Tupelo Journal Tupelo, MS
Article from The Tupelo Journal, December 23, 1904

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Article Text

Bank Assets Brought $400. Kansas City, Mo., Dec. 17.-Assets of the defunct Kansas City Safe Deposit and Savings bank of the face value of $1,000,000, were sold by the receiver, Friday, for $400. The failure of the bank more than ten years ago caused much distress among the poorer classes.

3. December 23, 1904 The Montgomery Tribune Montgomery City, MO
Article from The Montgomery Tribune, December 23, 1904

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Article Text

Bank Receiver's Sale. Assets of the defunct Kansas City Safe Deposit & Savings bank of the face value of $1,000,000 were sold by the receiver for $400. The failure of the bank more than ten years ago caused much distress among the poorer classes, who lost practically all of their savings when the institution collapsed. The officers of the bank were criminally prosecuted.