Sherman County State Bank (Goodland, KS)

Episode Information

Episode UID
2632679991155
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
263267999 hash
Start Date
March 12, 1896
Location
Goodland, Kansas (39.351, -101.710)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8d06bca34ea56e05

Response Measures

None

Description

Closure appears tied to accumulated bad/doubtful paper after panic and crop failures leading to insolvency.

Events (4)
1. March 12, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Accumulation of bad or doubtful paper after recent panic and crop failures; assets reported insufficient relative to liabilities.
Newspaper Excerpt
The Sherman county bank closed is doors Monday morning, announeing that the bank was in the hands of Bank Commiasioner Breidenthal.
Source
newspapers
2. April 2, 1896 Receivership
Newspaper Excerpt
Judge C. W. Smith has appointed Hoyt Andrews receiver of the Sherman County bank, at Goodland.
Source
newspapers
3. September 3, 1897 Other
Newspaper Excerpt
Receiver Charles F. Weber auctioned off $51,006.64 of notes and securities... being what was left unsold of the Sherman County bank.
Source
newspapers
4. April 4, 1898 Other
Newspaper Excerpt
Notice is hereby given that I will on the 4th day of April, A. D. 1898... file my petition... making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas.
Source
newspapers

Newspaper Articles (14)
1. December 6, 1895 The Goodland Republic Goodland, KS
Article from The Goodland Republic, December 6, 1895

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Article Text

The Sherman County bank will reorganize in January. This bank was the first one established in the county and of the ten banks that have done business in the connty, is the only one remaining. Through panic and crop failures this bank has promptly met all its obligations, and this fact alone speaks volumes for its management. During the panic and crop failures the bank has necessarily accumulated more or less bad or doubtful paper. This the management have decided to throw out and reorganize the bank with clean and undoubtee assets, and with a cash reserve large enough to do a safe and profitable business.

2. March 12, 1896 Phillipsburg Herald Phillipsburg, KS
Article from Phillipsburg Herald, March 12, 1896

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Article Text

r -The Sherman county bank closed is doors Monday morning, announeing that the bank was in the hands of Bank Commiasioner Breidenthal. The bank officials claim that they will be able to pay out dollar for dollar, and place the assets at $60,000 and liabilities at $35,000. The county has a deposit $23,000 and Goodland City $5,000 in the bank. This bank held deposits of many railroad men who run into this place. Many of them think they will get their money back. M. B. Tomblin, irrigation commissioner, was the bank's president. -It would be as easy to find a christian in the Fiji Islands as to find an honest free coinage republican politician in the state of Kansas.-Beloit Call. If the Call had said it would be as easy to find a christian among Pop politicians it would have sounded much less ridiculous.-Kirwin Globe. What is the matter with Congressman Baker, Messrs Arnold, Johnson, Smith, Wagoner, Utter, and Baker? These men, though pop politicians. are all regular attendants at church, and all try at least to lead christian lives. Better let men's religion alone. though you don't like their politics, Sandy. -Inquiry has been made regarding the naming of Phillips county and Phillipsburg. Hon. John Bissell is authority for the statement that the name Phillips is that of a soldier who was killed by the Indians years ago, within the confines of what is now our county. Phillipsburg was named after Hon. W. A. Phillips, a congressman of olden time, and who sided with the people in the vicinity in their fight with Kirwin over the location of the county seat. At that time no buildings were in sight for the present town site. Other counties were named in honor of soldiers killed in warfare with Indians, Rooks and Osborne being of the number. -The Conn Bros. had their preiminary trial at Colorado Springs. Friday last, and were bound over to the May term of the district court. Their troubles grew out of a diamond transaction. In December a Chicago firm took their show cases and a portion of their stock for debt; this caused a scare among other creditors, a Denver firm getting in first took the remainder of the goods, among which were abont a thousand dollars worth of diamonds, belonging to a Kansas City house that the boys were holding on consignment. Soon after, J. A. Conn went to Cameron, Mo., where he was. arrested for embezzlement as bailee and taken to Colorado Springs. M. A. Conn came home where he W88 arrested. The boys are out on $700 bail each, and but confident of getting clear of this charge. Public sympathy here is with them, and everybody looks for their release.

3. March 18, 1896 The Star Reynoldsville, PA
Article from The Star, March 18, 1896

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Article Text

BRIEF MENTION. The parade of striking Baltimore garment workers was not a glittering success. The suspended Dime Savings Bank at Willimantic, Conn., will probably pay about 60 per cent. The quarterly statement mill dividends at Fall River indicates that the season has been prosperous, The Sherman county bank at Goodland, Kan., closed its doors. Assets, $60,000; liabilities, $85,000. The Albion paper company, of Holyoke, N. J., failed. Liabilities between $500,000 and $1,000,000.

4. April 2, 1896 Abilene Weekly Reflector Abilene, KS
Article from Abilene Weekly Reflector, April 2, 1896

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Article Text

KANSAS BANKS IN TROUBLE. One Needs N Receiver and \nother Stuggies to EBcap» the Officials. TOPEKA. Kan., March 31.-Assistant Attorney-General Godard has returned from Goodland, where he went to ap. ply for a receiver for the Sherman County state bank. Those interested were unable to agree upon a receiver, and the choice was left with District Judge Smith. Bank Commissioner Breidenthal has been notified by the officers of the Valley state bank of Hutchinson, which was recently closed, that the affairs of the bank were being so arranged that business could be resumed by the middle of this week.

5. April 2, 1896 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, April 2, 1896

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Article Text

Bank Receiver Appointed. Judge C. W. Smith has appointed Hoyt Andrews receiver of the Sherman County bank, at Goodland. This was the bank of which M. B. Tomblin, of the state irrigation board, was president.

6. January 15, 1897 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 15, 1897

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Article Text

Mar. 9.-Sherman county, Goodland, Kan. Bloomfield (Neb.) State Commercial and Savings, San Jose, Cal. Mar 27-Midway (Ky.) Deposit. Mar 30-First national, Morris, Minn. Apr. 4--Farmers', Decatur, III. Apr 11-Chadron (Neb.) Banking Co. Apr. 16-First national, and Liberty savings. Bedford City, Pa. Apr. 22-American national, Denver, Col., $865,231. Apr. 24-Grand Forks (N. D.) national May 1-City savings, Hot Springs, Ark.... Bank of Fairland, III. May 7-Citizens', Union City, Ind. May 14-Sumner national, Wellington, Kan May 19-Citizens', Edwardsburg, Mich. May 26-National, Jefferson. Tex. May 28-Bank of New England, Manchester, N H. June 2-Bank of Maroa, Ill. June 3-Farmers' deposit, Creighton, Mo. June 11-John A. Thompson's bank, Edinburg. Ind First national. Larned, Kan. June 16-First national, and Bank of Cheney Cheney, Wash. June 25-Security savings, Winchester, N. Hinsdale (N. H.) savings. H July 13-Peot It's savings. Lansing, Mich. July 16-First national, Hillsboro, O. July 23-German savings, Omaha July 27-Farmers' bank, Rock Valley, Ia. July 29-Denison (O.) deposit. Aug. 6-American national, New Orleans Conkling Bros, Nevada (Mo.) bankers Banks at Bronaugh and Richards, Mo. Aug. 7-Lake county, East Chicago, Ind. Inghar: county savings, Lansing, Mich. Aug. 11-Security, Duluth, Minn.: $800,000 Murray Hill, New York, $500,000. Aug 12-Bank at National City, Col. Aug 14-State bank. Peru, Ill. Aug 19-Bank of Argentine, Kan. Aug. 21-Bank of Wymore, Neb. Aug 24-Church & Son's state bank at Lowell, Mich Aug. 28-Sioux national, Sioux City, Ia., $900.000 Sept 1-First national, Beatrice. Neb. Sept 2-Manufacturers' bank, West DuJuth, Minn State Loan & Trust Co. bank. Ogalalla, Neb. Sept. 4-First national. Helena, Mont. Sept. 5-Jackson county, Black River Falls, Wis. Sept. 10-Mutual national, New Orleans. Sept. 11-Bankof Commerce, New Orleans. Sept. 14-Bennett national, New Whatcom. Wash Sept. 16-Midland state, Omaha, Neb. Sept 17-Shellsburg (Wis.) bank. Sept. 19-National, Troy, N. Y.; $449,000. Sept. 22-Pawnee (III.) bank. Sept. 23-Mapleton (Minn.) bank. Sept. 25-Argonia (Kan.) state bank. Sent. 26-Tribune (Kan.) bank. Oct. 5-First national, Mount Pleasant, Mich Oct. 7-First national, Ithaca, Mich. Oct. 10-Security Trust Co., Nashua, N. H. Oct. 12-First national, Eddy. N. M. Oct. 14-Marine national, Duluth, Minn Second national, Rockford, Ill Bank of Commerce. Buffalo, N. Y. Bank Oct. 16-Merchant's, Atlanta, Ga of Pukwana, S. D. Oct. 19-Marion (0.) Deposit. Oct. 28-At Big Rapids, Mich., Mecosta savings. Nov. 5-Marine national, Duluth, Minn. Nov. 10-Iowa savings, Sloux City First national, Decorah, la. Nov. 14-La Harpe (III.) bank. Nov 19-First national, Sioux City, Ia Sioux City, Ia. Nov. 22-First national, East Saginaw Mich. Nov. 23-Dakota national, Sloux Falls, S D. Nov. 24-Davis County Savings associa tion Gallatin, Mo. Nov. 28-Citizens' bank, Midlothian, Tex Mis Nov. 30-First national, Tyler, Tex souri national. Kansas City: $1,131,000. Dec. 1-German-American, Portage, Wis Bank of Westport, Mo. Dec. 5-Baxter, of Baxter Springs, Kar Henry county, at Clinton, Mo. Dec. 10-Harlan (Ia.) state Jonatha Easterly, Columbiana (O.) bankers. Dec. 11-National Bank of Commerce Duluth, Minn First national, Niagara N.Y. Dec. 14-First national. Holidaysburg Pa Banks at Martinsburg and William burg, Pa. Dec. -National bank of Illinois, at Ch cago-E. S. Dreyer & Co., Chicago, $1,200,80 Wasmansdorff, Heinemann & Co. Dec. 22-Bank of Minnesota, and Unio stockyards bank, at St. Paul. Dec. 23-Bank of West Superior, Wis American Banking & Trust Co., Aubur Me. Dec. 24-Calumet state bank, Blue Islan III. Dec. 26-Security Mortgage & Trust Co Dallas, Tex.: $2,000,000-Atlas national, Ch cago. Dec. 28-Bank of Superior. Wis Sca dia, at Minneapolis McCoy Banking C Independence, Mo. LARGER COMMERCIAL CONCERN INVOLVING LIABILITIES OF $500,0

7. September 3, 1897 The Goodland Republic Goodland, KS
Article from The Goodland Republic, September 3, 1897

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Article Text

Receiver Charles F. Weber auctioned off $51,006.64 of notes and securities, two grain elevators, a two-story business building, a residence building, safe, etc., at the court house Wednesday, they being what was left unsold of the Sherman County bank. The sale continued all day and the prices of assets ranged from 5 cents up to $241. The entire proceeds of the sale amounted to $1,102.21.

8. December 3, 1897 The Goodland Republic Goodland, KS
Article from The Goodland Republic, December 3, 1897

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Article Text

[First published December 3.] Notice for Final Discharge. the district court in and for Sherman counIN ty, Kansas. The State of Kansas, ex rel. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas, together with an appplication to said court to be discharged from my trust as receiver in the-above entitled cause, CHARLES F. WEBER, Receiver.

9. December 31, 1897 The Goodland Republic Goodland, KS
Article from The Goodland Republic, December 31, 1897

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Article Text

[First published December 3.] Notice for Final Discharge, the district court in and for Sherman counIN ty, Kansas. The State of Kansas. ex rel. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas, together with an appplication to said court to be discharged from my trust as receiver in the above entitled cause. CHARLES F. WEBER, Receiver.

10. February 11, 1898 The Goodland Republic Goodland, KS
Article from The Goodland Republic, February 11, 1898

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Article Text

[First published December 3.1 Notice 10. Final Discha. ge. the district court in and for Sherman counI ty, Kansas. The State of hausas, ex rel. Attorney General F. B. Dawes, plaintiff, vs. Tue Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that 1 will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the dastrict court in Sherman county, Kausas, or as soon thereafter as the same can be heard, I will tile my petition in the above named court making a tull report of all transactions by me, as such receiver of the Suerman County bank of Goodland, Kansas, together with an application to said court to be discharged from my trust as receiver in the above entitled cause. CHARLES F. WEBER. Receiver.

11. March 4, 1898 The Goodland Republic Goodland, KS
Article from The Goodland Republic, March 4, 1898

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Article Text

[First published December 3.J Notice for Final Discharge. IN the district court in and for Sherman county, Kansas. The State of Kansas. ex rel. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodiand, Kansas, together with an application to said court to be discharged from my trust as receiver in the above entitled cause. CHARLES F. WEBER. Receiver.

12. March 11, 1898 The Goodland Republic Goodland, KS
Article from The Goodland Republic, March 11, 1898

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Article Text

[First published December 3.] Notice for Final Discharge. IN the district court in and for Sherman county, Kansas. The State of Kansas. ex rei. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas, together with an application to said court to be discharged from my trust as receiver in the above entitled cause. CHARLES F. WEBER, Receiver.

13. March 18, 1898 The Goodland Republic Goodland, KS
Article from The Goodland Republic, March 18, 1898

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Article Text

[First published December 3.] Notice for Final Discharge. the district court in and for Sherman counIN ty, Kansas. The State of Kansas. ex rel. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas, together with an application to said court to be discharged from my trust as receiver in the above entitled cause. CHARLES F. WEBER. Receiver.

14. March 25, 1898 The Goodland Republic Goodland, KS
Article from The Goodland Republic, March 25, 1898

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[First published December 3.j Notice for Final Discharge. the district court in and for Sherman counIN ty, Kansas. The State of Kausas, ex rel. Attorney General F. B. Dawes, plaintiff, vs. The Sherman County bank of Goodland, Kansas, defendant. Notice is hereby given that I will on the 4th day of April, A. D. 1898, that being the first day of the regular April term of the district court in Sherman county, Kansas, or as. soon thereafter as the same can be heard, I will file my petition in the above named court making a full report of all transactions by me, as such receiver of the Sherman County bank of Goodland, Kansas, together with an application to said court to be discharged from my trust as receiver in the above entitied cause. CHARLES F. WEBER. Receiver.