Emporia National Bank (Emporia, KS)

Episode Information

Episode UID
198301188
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
19830 national
Charter Number
1983
Start Date
December 1, 1898*
Location
Emporia, Kansas (38.404, -96.182)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e65189676a38c4b4

Response Measures

None

Description

Receiver appointments reported Jan 14โ€“16, 1899; bank described as failed in contemporary coverage.

Events (5)

1. May 13, 1872 Chartered
Source
historical_nic
2. December 1, 1898* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank described as having failed ('busted'); insolvency leading to suspension
Newspaper Excerpt
the Emporia National bank, which busted a few weeks ago
Source
newspapers
3. December 2, 1898 Other
Newspaper Excerpt
the net proceeds shall be placed on deposit in the Emporia National bank in a special deposit in the name of C. S. Jobes, receiver
Source
newspapers
4. January 14, 1899 Receivership
Newspaper Excerpt
Comptroller of the Currency Dawes today appointed Morton Albaugh ... as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his regular duties. Mr. Albaugh will take hold on February 15.
Source
newspapers
5. May 15, 1920 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (10)

Article from The Wichita Tribune, December 3, 1898

Click image to open full size in new tab

Article Text

CROSS' CATTLE WILL BE SOLD The Disposition of Proceeds to Be Settled Afterward. EMPORIA, Kan., Dec. 2.-After considerable discussion the parties interested in the sale of the Sunny Slope cattle have come to an agreement by which the sale shall take place as advertised, and after the sale the net proceeds shall be placed on deposit in the Emporia National bank in a special deposit in the name of C. S. Jobes, receiver, and F. C. Newman, administrator. This means that after the sale there will be a friendly contest to determine what shall be done with the money. It shall be determined exactly what proportion of the proceeds shall go to the depositors of the bank and what to the other creditors of the bank.


Article from Kansas Agitator, January 13, 1899

Click image to open full size in new tab

Article Text

KANSAS AGITATOR. GARNETT. KANSAS. Sunflower Seeds. ERITY. are the most credulous, Concordia is after the state G. A. R., encampment in 1900. sed intelligence, of any e earth. The big paTwelve hundred cars of wheat were inspected s have generally taught at Coffeyville last week. one of great prosperity. Democrats have purchased a paper at Wichita I the point of believing -The Blaze-and call The Democrat. I hearing the story reThe special session of the legislature enpened that out bump of acted a law providing for the election of labor as our bump of credulicommissioner. ison out prosperity, we A Wichita man lost eight stacks of wheat by y. We could not see fire, the other day. The stacks probably conr when cotton was never tained 1,000 bushels of wheat. the sixties; hogs below Mort Albaugh has been appointed receiver of nunerative. We could the Emporia National bank, which "busted" a e laborer when the genfew weeks ago, to succeed J. S. Jobs, who has the direction of lower been appointed bank examiner. W. B. Yates, a young business man of LarnS is the question we ly, we caught on. It ed, who disappeared over two weeks ago, has o is prosperous. It is been found at Oakdale, California, in a hospital, suffering from brain fever, and is insane. is the man who obtains Sam Peters wants to succeed Judge Foster, anchise through briband the little one. It who has just been retired from the federal bench. rner on the necessaries If there is anything Sam doesn't want, or facturer who, owing to hasn't wanted at sometime in his life, we'd like s Americans away above to learn what it is.


Article from The Topeka State Journal, January 14, 1899

Click image to open full size in new tab

Article Text

ALBAUGH IS RECEIVER -1 Will Succeed Bank Examiner Jobes in Control of the Cross Bank. Washington, Jan. 14.-Comptroller of the Currency Dawes today appointed Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his regular duties. Mr. Albaugh will take hold on February 15. Meantime, Mr. Jobes will continue.


Article from The Advocate and News, January 18, 1899

Click image to open full size in new tab

Article Text

a* cratic paper. Ellsworth barbers will do no more Sunday work. Rock salt has been struck at Troy at a depth of 168 feet. Attorney General Godard will retire from the Collins case. W. R. Burroughs, of Marysville, has mysteriously disappeared. Judge J. Herrick will go to Omaha, where he will write a book. One hundred head of Gillett cattle were recently found near Topeka. The Hutchinson Commercial Club is going after an opera house. The new set of stations for St. Benediet's Church, Atchison, cost $1,000. A number of officers of the Twentythird Kansas are home on furloughs. Pat Dolan, of the board of charities, is seriously ill at Christ hospital, Topeka. Governor Stanley has 2,000 applicants from which to pick out 600 office-holders. Ex-Secretary of State Bush is acting as clerk of the senate committee on printing. Judge A. H. Horton seems to be the leading candidate for Judge Foster's place. S.H. Dodge has turned over a half interest in the Beloit Gazette to his son, George. The annual oratorical contest of Kansas colleges will be held at Ottawa February 24. The school book trust and the stock yards are getting it from the Missouri legislature. There is a possibility that the present legislature will pass the Breidenthal banking bill. Battery B, Fourth United States artillery, has returned to Fort Riley from Sayannah, Ga. The Brown County Farmers' Institute has an excellent program arranged for January 24-26. F.B. Dawes thinks that twenty-five days is long enough for the legislature to be in session. A Galena man lost a cow twenty years ago, but found her again the other day. She had had nothing to eat in the interim and was dead. E. B. Cowgill, of the Kansas Farmer, is a candidate for Democratic member of the Court of Visitation. The only woman reporting this session of the legislature is Miss Louise Duley, of the Cherryvale Union. There were 300 birds on exhibition at the first exhibition of the Delphos Pet Stock and Poultry Association. Governor Stanley has shut down on the reorganization of the K. N. G. until he can appoint an adjutant general. Thayer will vote on issuing $3,000 of bonds to put in a city natural gas plant. The vote will be taken February 14. Webb McNall will not resign from office immediately as some newspaper reporter has been trying to make out. The Miami County Good Roads Association is talking of trying the crude petroleum treatment on roads near Paola. Miss Grace McGrew, of Emporia, who was stenographer for the late C. S. Cross, will be private secretary to Associate Justice Smith. Gamblers are protected in Kansas City, Kans., under a license of $5,000 a year. Topeka whist players went to Kansas City Saturday for a defeat. The crack Atchison base ball player is now working on a farm for $10 a month. His pay is surer, but the muscles of his mouth have lost their firmness. Mort Albaugh has been appointed receiver of the Emporia National bank. Two Topekans committed suicide because of despondency, last week. Dr. W. W. Cochrane, one of the oldest and best citizens of Atchison, died Saturday. He was nearly eighty years old and cameto Kansas forty years ago. Miss Jula Fitzgerald, of Kansas City, has been made stenographer for the minority of the house Miss Fitzgorold


Article from The Black Hills Union, January 20, 1899

Click image to open full size in new tab

Article Text

ALBAUGH MADE RECEIVER. will Succeed Bank Examiner Jobes in Control of the Cross Bank. WASHINGTON, Jan. 16,-Comptroller of the Currency Dawes has al ointel Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resuine his regular duties. Mr. Albaugh will take hold on February 15.


Article from The Chanute Times, January 20, 1899

Click image to open full size in new tab

Article Text

ALBAUGH MADE RECEIVER. will Succeed Bank Examiner Jobes in Control of the Cross Bank. WASHINGTON, Jan. 14.-Comptroller of the Currency Dawes has appointed Morton Albaugh, of Kingman, Kan., as receiver of the Emporia, Kan., National bank, in place of Bank Examiner Jobes, who will resume his reg. ular duties. Mr. Albaugh will take hold on February 15.


Article from Free Press, February 25, 1899

Click image to open full size in new tab

Article Text

Some time ago the 1st National bank at Russell failed and the de positors want one of their citizens appointed Receiver to close it up quickly and for the benefit of those having money interests, but the law allows the Tressury department to appoint and some politi cal pet gets it who has no interest at stake except the salary and to keep it unsettled as long as possible, and it is understood that sen ator Baker has asked that Charlie Lobdell. of Kansas city. one of the "sledge-hammer Legislature" be the Receiver A regular outrage on that community and the poor depositors who got caught in the so called (bv Republicans] grandest banking system on the earth" It will be remembered only a few weeks ago the Emporia National bank failed and the Chairman of the Republican state committee refused the best place Gov. Stanly could offer because he was to be appointed Receiver of that bank & it would pay a big salary and last for years. he could bang on, suck ing the lifeblood of the poordepos itors and stockholders.


Article from The Topeka State Journal, March 9, 1900

Click image to open full size in new tab

Article Text

DAWES WILL INVESTIGATE Says He Has Found Nothing Suspicious in Martindale Deal. The following telegram from Washington may have some bearing on Albaugh's future in politics: "Comptroller of the Currency Dawes stated today that very shortly he would send a special agent to Kansas to thoroughly investigate the recent charges filed against Receiver Mort Albaugh of the wrecked national bank of Emporia. Depositors of the wrecked institution are not satisfied with the way the receiver has been managing his trust. and there have been some very sharp criticisms of both Receiver Albaugh and his attorney, Ike Lambert. "The comptroller has found nothing grave enough to warrant an investigation since the sale of real estate belonging to the failed bank-which sale was promptly set aside by the comptroller-but the recent complaints of depositors are to be inquired into with care. Special officers will be sent to Emporia for that purpose."


Article from Iron County Register, September 19, 1901

Click image to open full size in new tab

Article Text

being drummed out of the grounds, for having manifested elation at the attempt upon the life of the president. Many of the pupils of a young ladies' school near Count Tolstoi's residence, at Yasnaia, Russia, who, with their teacher and other young persons of the neighborhood, called on himand presented the count with flowers, have been arrested, and their teacher has been dismissed. According to a story which was made public in New York, on the 13th, immigrant smugglers are bringing cargoes of foreigners in schooners to this country. Within a few days a vessel, said to be named the Lottie, landed 112 immigrants at Clarke's Cove, on Buzzard's bay. The first violence of the great steel workers' strike at McKeesport, Pa., took place, on the night of the 10th, when three workmen were set upon by strikers or strike sympathizers, and badly beaten. Twenty-five extra policemen were sworn in, and numerous arrests were made. Emma Goldman, the anarchist agitator, under whose red banner Leon Czolgosz claims he stands and whose words he says fired his heart and his brain to attempt the assassination of the president, was arrested in Chicago, on the 10th, charged with conspiracy to murder the president. It is reported that half the coffee crop of Porto Rico has been partially ruined by recent storms, and that the banana crop has suffered serious damage. The poorer classes will probably appeal for assistance in consequence. The new railway bridge across the Anasco river has also been destroyed by the floods. Early on the morning of the 13th, the president took a turn for the worse, and his condition gave rise to the gravest apprehension. While not considered in extremis, the worst was feared, owing to the weakness of the heart action. The trouble was said to be due to taking too much nourishment during the preceding day. Mayor Phinney of Kingston, N. Y., on the 11th, suspended Policeman Heppner for remarks regarding the attempted assassination of President McKinley. Heppner said it was a pity more people were not shot who insisted on making rich people richer and poor people poorer, and that the president's death would equalize wealth. At Wichita, Kas., on the 11th, the grand jury brought in a reindictment against Mr. William Martindale, charging him with wrecking the Emporia national bank, which failed more than two years ago. The president of the bank, Mr. Cross, committed suicide at the time of the failure. Mr. Martindale was vice-president of the bank. The ground plans of the Louisiana Purchase Centennial exposition are in such shape now that it will be possible to determine, within a very short time, by them the exact amount of space which each department can be allowed. As soon as the allotments are made the committees will commence the actual work of getting together their exhibits. The British Medical Journal, of the 12th, says: "The details in the McKinley bulletins are sufficient to justify the assertion that the treatment of the case in promptitude and complete efficiency, will rank as one of the greatest achievements of abdominal surgery recorded." The Journal compliments highly the skill and courage of the attending surgeons. The Schley court of inquiry began its sessions at the Washington navy yard, on the 12th, Admiral Dewey presiding. Rear-Admiral Howison's qualification as a member of the court was formally challenged by Rear-Admiral Schley, and the challenge sustained. The court then adjourned pending the selection of another member by the navy department. The first real day of the grand army encampment at Cleveland, O., opened, on the 10th, with nearly two hundred thousand visitors in the city. The day was the eighty-seventh anniversary of Commodore Perry's great victory on Lake Erie, and that memorable and decisive triumph of young America's naval prowess was fittingly celebrated by a great naval parade President McKinley, who was shot twice at the Pan-American exposition at Buffalo, N. Y., by the avowed anarchist Czolgosz, on the 6th, and who under the skillful treatment of his eminent surgeons and physicians, had made such apparently rapid progress toward recovery, began, unaccountably, to sink on the afternoon of the 12th. The alarm spread rapidly throughout the country and constantly grew in intensity until 2:15 a. m of the 14th, when he died. His last conscious words, spoken to his beloved wife, after chanting part of the words of the hymn, "Nearer, My God to Thee," were: "Good-by. All good by. It is God's way. His will be done."


Article from The Jasper Weekly Courier, September 20, 1901

Click image to open full size in new tab

Article Text

immigrant smugglers are bringing cargoes of foreigners in schooners to this country. Within a few days a vessel, said to be named the Lottie, landed 112 immigrants at Clarke's Cove, on Buzzard's bay. The first violence of the great steel workers' strike at McKeesport, Pa., took place, on the night of the 10th, when three workmen were set upon by strikers or strike sympathizers, and badly beaten. Twenty-five extra policemen were sworn in, and numerous arrests were made. Emma Goldman, the anarchist agitator, under whose red banner Leon Czolgosz claims he stands and whose words he says fired his heart and his brain to attempt the assassination of the president, was arrested in Chicago, on the 10th, charged with conspiracy to murder the president. It is reported that half the coffee crop of Porto Rico has been partially ruined by recent storms, and that the banana crop has suffered serious damage. The poorer classes will probably appeal for assistance in consequence. The new railway bridge across the Anasco river has also been destroyed by the floods. Early on the morning of the 13th, the president took a turn for the worse, and his condition gave rise to the gravest apprehension. While not considered in extremis, the worst was feared, owing to the weakness of the heart action. The trouble was said to be due to taking too much nourishment during the preceding day. Mayor Phinney of Kingston, N. Y., on the 11th, suspended Policeman Heppner for remarks regarding the attempted assassination of President McKinley. Heppner said it was a pity more people were not shot who insisted on making rich people richer and poor people poorer, and that the president's death would equalize wealth. At Wichita, Kas., on the 11th, the grand jury brought in a reindictment against Mr. William Martindale, charging him with wrecking the Emporia national bank, which failed more than two years ago. The president of the bank, Mr. Cross, committed suicide at the time of the failure. Mr. Martindale was vice-president of the bank. The ground plans of the Louisiana Purchase Centennial exposition are in such shape now that it will be possible to determine, within a very short time, by them the exact amount of space which each department can be allowed. As soon as the allotments are made the committees will commence the actual work of getting together their exhibits. The British Medical Journal, of the 12th, says: "The details in the McKinley bulletins are sufficient to justify the assertion that the treatment of the case in promptitude and complete efficiency, will rank as one of the greatest achievements of abdominal surgery recorded." The Journal compliments highly the skill and courage of the attending surgeons. The Schley court of inquiry began its sessions at the Washington navy yard, on the 12th, Admiral Dewey presiding. Rear-Admiral Howison's qualification as a member of the court was formally challenged by Rear-Admiral Schley, and the challenge sustained. The court then adjourned pending the selection of another member by the navy department. The first real day of the grand army encampment at Cleveland, O., opened, on the 10th, with nearly two hundred thousand visitors in the city. The day was the eighty-seventh anniversary of Commodore Perry's great victory on Lake Erie, and that memorable and decisive triumph of young America's naval prowess was fittingly celebrated by a great naval parade President McKinley, who was shot twice at the Pan-American exposition at Buffalo, N. Y., by the avowed anarchist Czolgosz, on the 6th, and who, under the skillful treatment of his eminent surgeons and physicians, had made such apparently rapid progress toward recovery, began, unaccountably, to sink on the afternoon of the 12th. The alarm spread rapidly throughout the country and constantly grew in intensity until 2:15 a. m of the 14th, when he died. His last conscious words, spoken to his beloved wife, after chanting part of the words of the hymn, "Nearer, My God to Thee," were: "Good-by. All good by. It is God's way. His will! Gone."