The Farmers State Bank of Burdick voluntarily closed in December 1931 and a state-appointed receiver (Charles W. Johnson; assistant W. Austin) was handling liquidation and paying dividends later. No run on the bank is described in the articles; closure was voluntary and led to receivership and liquidation.
Events (4)
1.December 21, 1931Receivership
Newspaper Excerpt
The Receiver of the Farmers State Bank, Burdick, Kansas, was appointed on December 21, 1931. CHARLES W. JOHNSON, Receiver. (notice)
Source
newspapers
2.December 21, 1931Suspension
Cause
Voluntary Liquidation
Cause Details
Bank voluntarily closed its doors in mid-December 1931 and placed records and deposits in custody of the state banking department for examination; closure described as voluntary in multiple articles (voluntarily closed its doors).
Newspaper Excerpt
the Farmers State bank of Burdick which voluntarily closed its doors last Monday.
Source
newspapers
3.December 26, 1931Other
Newspaper Excerpt
Austin of Cottonwood Falls has been assistant receiver the Farmers State bank of Burdick which voluntarily closed its doors last Monday. Mr. Austin qualified immediately and was at the bank today taking charge of records and deposits, which have been custody of the state banking department while examiners went over the books of the institution . . . . Charles Johnson, state bank receiver . . . .,cause:null} ,{
Source
newspapers
4.May 20, 1933Other
Newspaper Excerpt
second dividend to depositors in the failed Farmers State bank at Burdick will be paid on June . . . Austin, the assistant receiver, who has been handling affairs of the defunct bank has announced 10 cent payment on that date. The first dividend was 25 cent per ...
Source
newspapers
Newspaper Articles (17)
1.December 26, 1931Council Grove RepublicanCouncil Grove, KS
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APPOINTED ASSISTANT RECEIVER OF BURDICK BANK
That Community Had Hoped That Ross Wallace Be Given Liquidation Task
Austin of Cottonwood Falls has been assistant receiver the Farmers State bank of Burdick which voluntarily closed its doors last Monday. Mr. Austin mediately and was at the bank today taking charge of records and deposits, which have been custody of the state banking department while examiners went over the books of the institution. Lengthy petitions urging Chas. Johnson, state bank appoint Wallace of Burdick his assistant have been in circulation in the part of the county for severdays. Signatures to these petitions were being obtained by Swan Nelson, stock holder of the bank and one of the most prominent citizens of the Burdick community. The action state authorities in going outside the county for an assistant receiver is both surprise and to the Burdick community. In othbank liquidations here Morris county receivers have been However, depositors of the bank are assured of the services an exceptionall high type of executive Mr. Austin. He the electric utilities supplying current to Cottonwood Falls and adjacent towns; and is heavily interested in various other sucHis long Chase makes him familiar with the financonditions of communities of this size and he will be able to and sympatheticly handle obligations due the Burdick bank.
A CAR COMPASS
Add to desirable Christmas gifts unique present which reached Ferd county today. It autoengineer mobile compass. Attached the top car slightly in front of drivers head, an upward glance will reveal instantly the direction in which motorist is traveling. Because of the electrical equipment in car, necessary to adjust these passes after installation but once this done they are extremely accurate.
CHRISTMAS JAIL
Prisoners in the county were treated to special Christmas dinner yesterday by Deputy Chas. Johnson. They were given goose with customary trimmings and the whole topped with pumpkin pie. The eight jail inmates received sacks candy from the officer Deputy Johnson had group of relatives visit him the including Wilber Atkinson and family, Money and Omar Johnson and family, Jimmy Atkinson.
ELECTIONS NEXT MONTH
Annual elections will be held early next month by both the Commerce and the Country Club. Last year both elections fell the date but Ray, of hopes that conflict avoided this time. The of select its officers for 1932 on the second Tuesday of January.
SAW MUCH WOOD
The county woodpile at the court house promises to rapidly next week. Deputy Johnson estimates that loads of poles and trees have been cleared from Elm Creek ready sawing into stove lengths for needy families.
2.December 26, 1931Council Grove RepublicanCouncil Grove, KS
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Japan Reply Due Tomorrow Politely Warns Nations Will Protect Jap Lives
London, Dec. conference at the Hage on January 18 has been decided was said in official circles day. Tokyo, Dec. reply to the latest diplomatic the city of Chinchow, accompanied statement of her by lengthy in Manchuria will be position delivered tomorrow to dors of the United States, Great Britain and In view of the fact that Secretary State Stimson understood to have frankly expressed apprehension regarding bandit hunting activities in that area, that the Japanese government would be quite frank also in its answer. believed the statement will the impotrance of Japan peace and order in Manchuria, but tells the three powers in polite terms that Japan makes no to ter stand as long as Japanlives and property continue to be menaced by outlaws.
PLEASED WITH SALES
Santa Claus was good to Council Grove this their lines embracutility gifts. majority of business consulted this men morning confess that sales were better than they had anticipatafter fall business. Of course, all of them have more stock holiday nature left on the store shelves than usual, but not normal year and close selling expected. A few stores did not very little Christmas business, most merchants admit the is made with comparison years. and not the peak 1928 and that little reason to complain of the way folks responded shedding little the fashioned Christmas spirit.
EFFECT IS UNCERTAIN
The effect of the suspension of the Farmers bank at Burdick on the ability of that township and school district to meet current obligations for more than remains tax distribution due late January. But the county treasurer distribute only taxes actually paid date payments from the Burdick ritory are far below normal. residents paid their taxes Many through the Burdick bank and this money tied up along with their deposits. Unless is released, little money will be available for the distribution upwhich those taxing districts on are now depending so
SCHOOL HAS FUNDS
Paul Person of Burdick was the court house today checkthe amount of money his school district has on deposit with the county He found sufficient meet current until distribution made. Very few of the school districts had their funds deposit in the Burdick on bank when closed and are more than taxing districts in that part of the county.
LEFT 45 BASKETS After had finished their of huge Christmas baskets Thursday was disthat one family had omitted from the list. All donated food and vegetable stores were gone when the discovery made. Chief Goodfellow purchased duplicate basket and at the family's door. It made total of
BEEN EXPENSIVE MUD Vandevier, farmer living near Alta Vista, another Morcounty man who cannot member year when late rains brought as much grief to this. He vinced that the long weeks muddy stock and fields that preceded Christmas cost stock as much fat as did feeders trouble.
HERINGTON LOST Herington high school lost opening ball game the season to Hope by score of
BANKING BY PROXY
Burdick merchants will do their banking proxy since the suspension the Farmers State there The Bank arranged to send teller to Burdick twice week to lect checks taken in by merchants there. These will be deposited cleared through can.
5.December 31, 1931The Herington SunHerington, KS
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AUSTIN IS NAMED
Austin of Cottonwood Falls has been named assistant receiver the Farmers State Bank of Burdick which voluntarily closed its doors last Monday Mr. Austin qualified immediately and was at the bank Saturday taking charge of its records and which have been in custody the state banking while examiners went over the books of the Lengthy petitions urging Chas Johnson, state bank receiver to appoint Wallace Burdick sistant have been in circulation in the southwestern part of the county for several days. Signatures to these petitions were being obtained by Swan Nelson. stock holder of the bank and one the most prominent citizens of the Burdick publican,
6.January 1, 1932Council Grove RepublicanCouncil Grove, KS
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BANK RECEIVER HERE
W. Austin, who is handling affairs of the Farmers bank at Burdick, was at court house for short time yesterday. He came return unsold hunting, trapping and fishing licenses bank had and for those issued by the bank. This fund state money and was not on deposit at the the paid the full amount directly to the county clerk.
7.June 29, 1932Council Grove RepublicanCouncil Grove, KS
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Trade your 2nd hand school books for fireworks. Duckwalls Mrs. Lloyd Hanna and Mrs. W. A. Hanna of Wilsey were in town early this morning shopping. Mr. and Mrs. Ralph Net were down from White City today.
NOTICE OF PINAL SETTLEMENT Probate Said the Matter or the Estate OI Fred Creditors and other interested in are hereby notified that have filed my report in the Probate Court or and the day of 1932, at o'clock M. my final apply to the said court for full settlement and this day of June, 1932. (1st pub June last pub June 29)
NOTICE OF SALE In the Morris CounUnion Central Life Insurance a Plaintiff R. W. Reeves, Hattie V Reeves Stephen H Edwards, Carrie M. Edwards, Dorethea The Farmers State Bank of Burdick, Kancorporation. Charles Johnson as receiver of said bank Defendants
No. 8183 NOTICE OF SALE Notice is hereby given under and by virtue an order sale issued by the District Court of Morris County, Kansas, wherein the parties plaintiffs and defendants to me, the sheriff Morris directed will and hand front the court house city of on the D. day the ing situated in County, Kansas, Quarter of Section 31, 15, Range East the 6th about one-half the south side thereof, described as follows: Commencing section rods corner of Northwest Quarter; thence North rods; direction 30 rods the half line the and the SouthQuarter of said section; thence West place of beginning, the total area deducting exception noted being 160 less PARKER, Sheriff of Morris County, Kansas. Gilbert H. Attorney (1st pub June 8: pub July 6)
COUNTY EXPENDITURES May,
7.00 7.31 labor
897.10 sup
10.80 1.00 34.90
8.October 29, 1932Council Grove RepublicanCouncil Grove, KS
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SUES FOR $4,999 an outgrowth of the failure the Farmers State bank at Burdick. suit been started district court against Wm Atkinson for the of recovery $4,999. Chas. Johnson, who brings the action for the bank, alleges that sum still due on note given the bank in 1931.
9.October 29, 1932Council Grove RepublicanCouncil Grove, KS
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ASKS STOCK PAYMENT
Seeking to collect double liabfrom stockholders the defunct Farmers State bank Burdick, Chas. Johnson, state bank has comsuit in district court obtain Joe Lynch, he leges that Wm. Atkinson $2.600 liability on stock he held the insolvent bank. is named the owner of five of stock and asked to pay $500 into court covering them.
10.November 8, 1932Council Grove RepublicanCouncil Grove, KS
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NOTICE
The Statutes of Kansas pro. vide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment, and if not so filed such claims shall be barred from participation in the estate of such bank. The Receiver of the Farmers State Bank, Burdick. Kansas, was appointed on December 21, 1931. CHARLES W. JOHNSON, Receiver. 59 2c
11.February 9, 1933The Herington SunHerington, KS
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HAVE $1,000 BALANCE bank failure Being involved in officials have made township Forced to borrow Burdick last to meet operating $500 the Farmers bank penses after closed. Burdick officers have paid off that paid patrol more than $100 in the invested band and still ended community with treasury balance of $1,082 In addition the board did anent culvert and grading held the total expendi officials the township last tures and Curtis Grove
12.April 1, 1933Council Grove RepublicanCouncil Grove, KS
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BARBER SHOP
Glasscock, who has Tommy been with the Johnson barber since located has shop and will to White resigned City to operate filling station and He taking over garage. the station which has been in of Harold Dumford and charge Bill Hare.
HOLD PHONE ELECTION
Stockholders in the Delavan telephone system are holding the election at the high school there this afternoon. Stockholders discuss duction service charges and consider three applications the position as central operator.
BANK SELLS LAND
The Farmers State bank of Burdick has sold to Cy Burns the east 100 acres of the northeast quarter section The deed was given Johnson, state bank receiver. The land situated in Diamond Valley.
BROTHER DEAD
Kneeland has received word the death Eugene, Ore, an older brother, Wm. Kneeland. The latter Thursday evening. He never visited here and Kneeland was not able to attend the funeral.
IS AIR HOSTESS
Miss Doris Gillett, former White City girl, has been chosen hostess on the United Air Lines flying out of Kansas City and make regular air trips passengers during iods sickness.
SHERIFF'S DEED
Sheriff Ralph Knott has deedto the Davis Wellcome mortgage the northwest company quarter The land located in Valley township.
NEW CAR MODEL
One of the new Chevrolet models was brought from Kansas City last evening by Featherston and is now on display at that agency.
OUT HOSPITAL
Ernie Fletcher who was injurin auto wreck six weeks an returned last evening from the Missouri Pacific hospital Louis.
13.April 3, 1933Council Grove RepublicanCouncil Grove, KS
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FIRST JURY IMPANELED IS HEARING CIVIL CASE
Criminal Action Pending Was Jurors
The first jury impaneled by Judge M. Clark this morning sitting in civil action. The only criminal case of the team child desertion charge against Clarence been continued. Today's jury is listening to dence money suit by Gabriel Frank as sult of the Citizens bank failThe amount involved is in excess of $5,000. Snyder the only local attorney the case. The jury upon which torney's agreed comprises Frank Haucke, Marion Kendall, Simon Shields, Miser Howard Shepherd, Frohm, Elwood Sharp, George Alexander, Earl McConkey, Joe Hirt and S. Garranson. If verdict is returned today this case, no court will be held tomorrow. Judge Clark cused other jurymen until Wednesday when developed that the next two cases could not be ready for hearing until then. They are Johnson, receivfor the Home State bank of Junction City against Swenson and Rhodes Staley. Snyder and Pirtle are attorneys in the latter suit. One other case was dismissed this divorce suit Nell Sullivan Calvin livan. was the Henry Torgeson attorney.
MRS. SHUBERT DEAD Mrs. Shubert of Wilsey died at o'clock this after illness weeks. an old and had She years lived in Wilsey for century. She survived husband and Shubert Wilsey, Mrs. Mack Hensley of Delavan, Shubert of Junction City, Elmer Shubert Marion. Frank Ernest Shubert of Centralia. All children will be able to attend the funeral services which probwill be held on Wednesday.
SUIT ON LIABILITY Suits collect nearly $18,000 double liability from stockholders of the Farmers bank at Burdick disposed in diswere trict court this morning. Judgment was returned against Frank Atkinson in the of for 133 shares of stock held at the time the bank he Sarah Atkinson held suspended. four shares and judgment of was returned against her. Joe was the attorLynch ney.
14.May 20, 1933Council Grove RepublicanCouncil Grove, KS
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MUST
Majority Of Them Join Civil Army Fabric Mills Announce Wage Increase
Washington, May of the bonus encamped at Hunt, have accepted Roosevelt's offer of jobs in the civilian conservation and were preparing train for forest work. remarkable swing from their previously indicated sentiment veterans abandoned the "left leadership which scorned jobs any but union wages. Most them are signapplication blanks, only few hundred which staged protest parade the White House yesterday, refuse to sign. Lawrence, Mass., May mills here announced wage increases for employes effective next Monday. increases ranged upward to cent.
MEASLES COST GAME Dwight high school dropped baseball game to White City yesterday, whose loss charged directely to the measles epidemwhich has reached high school with commencement. Dwight had many of its team members for measles it had draft to complete the squad. The score was to despite the record of Paulson, Dwight pitcher, who struck out fourteen men.
PAY 2ND DIVIDEND second dividend to depositors in the failed Farmers State bank at Burdick will be paid on June Austin, the assistant receiver, who has been handling affairs of the funct bank has announced 10 cent payment on that date. The first dividend was 25 cent per bringing the total disbursements slightly above the original deposits.
HOLINESS MEET The Holiness Association of this section will hold meetat Emanuel church 10 miles southeast of Alta Vista next Tuesday, May Rev. Payne, Methodist pastor Dwight, and Eugene Dixon of Manchester will preach the morning services, beginning
GRADUATE LISTS IDENTICAL Rivalry and schools tense that the classes are Each school pupils graduate into high school. The classes from ward has precisely 12 girls and boys.
LAST TOWNSHIP DONE property totals for the last in this county tabulated by Mrs. Owen, deputy county The last township completed Grandview, one of the large districts the county. Its loss percent.
CRUMPLED FENDER Billy Campbell crumpled fender on the Campbell during student nice last night when the Hartman car, which he was followclosely ,suddenly stopped. Campbell swung out but failed clear the other machine.
MOP WAS LATE The east bound Missouri Paciwas five hours this morning and through Pueblo sponsible, Horton reports.
DAVID LOY HOME David Loy, who student and part time instructor at came home last evening remain over Sunday with his parents, Mr. and Mrs. Loy.
AMERICUS WON GAME won the Ameribaseball game playat Dunlap yesterday as part the The final was
LICENCE marriage was issued to Frank SchradMiss Elva Lois
15.August 5, 1933Council Grove RepublicanCouncil Grove, KS
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NAMES 200 DEFENDANTS
SET UTILITY HEARING
SMART CLOSING CODE
A new hearing of creditors of the Nicoll utility which was thrown back into receivership recently when court of peals reversed its sale Stearns Bros., has been set Aug. 15 in Kansas City.
CHEAP TAX DEED and R. Brown have purchased for tax deed and block McKenzie's addition to White City. It reported that filling station will be located on the property.
MAIL OUT CODES
Programs for daily sessions of the Teachers Institute which here later in the month opens mailed out today by Miss Arlone Richardson, county erintendent.
PLAY BUSHONG HERE
The Council Grove colored baseball team play the fast Bushong baseball club on the local diamond at the city park afternoon. The game called for o'clock.
CHOOSE HAYS TAVERN
The Chamber Commerce meeting Tuesday will be held the Hays Tavern. Randolph Carpenter will be the speaker.
BANK RECEIVER HERE
Geo. Dawson of Burdick, sistant bank receiver for the Farmers State, the court house today on business.
PROSPERITY ITEM
The Fairmont Creamery has truck replace the one wrecked in Iola.
Hutchinson, grocers would adopt the closing hours of Denver food stores. All grocers there have agreed to close for hours during noon meal while everybody goes home and
PROVED A BURGLAR? Salina, Aug. Maddox was arrested here for having an old auto tag his walked right into trouPolice are going to send back to Michigan where wanted for burglary.
PROMISED BRIDGE Downs, Aug. Cushing has been notified that the new bridge across the Solonear here has been definitely put into the highway and will be constructed.
MUST CONDEMN SITE Paola. Aug. will be essary for Uncle Sam to demn sit here in order to give Paola nice new post office free. The paphave gone to the Federal court in Ft. Scott.
NRA ROCK PILE Junction City, Aug. county has put its rock pile der the NRA code. No by shortening hours any but by offering regular employment to new candidates who want to break ones into little ones.
HAIRCUTS TO 40e Lawrence, Aug. barbers have agreed on prices of cents for shaves and 40c for haircuts.
IS GIVEN Salina, Aug. county has been allowed emerrelief for providing jobs for the
Goodland, Aug Kansas City investor filed foreclosure on mortgage here this week, was necessary name 200 defendants in his petition.
HILL CANDIDATE
Wichita, Aug. attorney of the public service commission unWoodring, will be candidate for the democratic nomination for governor in the next primary.
SMALL STORE
Junction City, Aug. Trading Post was robbed sneak thief, who used ladder reach high window in the east wall. Ten watches valued at $50 were taken.
IS AWARDED DAMAGES
McPherson, Aug. Hall, casing crew worker, has been awarded damages of against the McBride Drilling Co. for burns received from gas jet.
EIGHT CONCRETE BASES
McPherson, Aug. concrete bases have been pourfor the big 196 foot water tower which being here as an added fire protection.
UNSETTLED TONIGHT
The will remain mostunsettled tonight and Sunday. Slightly the portion. Cooler Sunday in the extreme northeast.
KANSAS CITY MARKETS
Kansas City, Aug. Cattle For the week prices have been steady to lowwith steers from steady to cents off. Vealers steady Hog receipts 800. Market weak with few sales, prices 10c lower. No shippers Scattered sales $4.05. LOCAL MARKETS 15c
Eggs Wheat, bushel
16.December 7, 1933Council Grove RepublicanCouncil Grove, KS
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KICKED BY MULE Henry is recovering from abdominal late Tuesday injury when he was kicked by mule. He behind the aniwas in stall and was both hoofs. He was struck bone and in the on the pelvic groin. appears to have caped with more ous than exterior bruises
DISMISS BANK SUITS suits brought by the Two Farmers State bank of Burdick dismissed in district have been court. one, the bank receiver sought to recover $625 from B. Mangel and in anothjudgment from Faye Thom-
JURY STILL OUT At o'clock today no verdict had been reached the Liebsch Miller & Kerr suit. The jury took the evidence last Tuesday evening and were still ballotting without result.
FUNERAL AT EMPORIA Funeral services will be held from the Sutton funeral home Emporia on Friday for Mrs. Baltz, mother Mrs. Ray. The former died here TuesThe services will day be conducted at o'clock.
ARMY COLLECTS $125 Envoy Walter Young reports that three days solicitation here brought contributions of $125 towards Salvation Army work for the new year. The goal set for this county is $200.
SUIT FOR $1,095 Suit has been filed in district court the Farmer's State bank of White City against Moore for the recovery of alleged to due that defunct H. E. Snyder the attorney.
TRY STERLING CASE hearing today the recovery of money suit Susie Sterling Wm. kinson.
UNDERWENT OPERATION Atkinson White cal hospital today.
MUST MOVE The Mutual telephone company begin moving 2Β½ miles of phone lines way No. once. mire states that of this road catches that of toll inside the new right-
TO BANKERS MEET Campbell Hale White left this afternoon Lyndon where bankers of this district are holding an informal session discuss proposed federal code, government deposit charges and other new banking practices.
ROAD CONTRACTOR HERE Contractor Coffey who will have supervision of grading and widening operations on No 13 north of Munkres creek is here and is establishing his camp at the north end of the project. Work start at the Dwight junction and proceed south.
MEN SAWED Fourteen volunteers from the Methodist congregation at Dunlap went the Thomas farm vesterday and the supply of fuel for the church
BASSETT TO LANSING Sheriff Ralph Knott Deputy Ralph morning Lansing with Bassett. penitentiary sentence for possession,
Burdick Bank Dividend
Receivers for the Farmers State Bank Burdick have announced that another dividend will be paid this coming Saturday. It will be for ten per cent. This the second dividend from that institution the other having been per cent. In with this it that the Lincolnville State Bank will pay out soon, making full payment. The Delavan Bank paid out full and understood that the Latimer Bank will pay in full eventually.