Article from June 1926 reports the Frontenac State Bank was 'closed' and 'suspended by order of the board of directors.' A later 1928 article references the bank's failure and the sentencing of a banker in connection with the 1926 failure. No run is described in the articles; the bank suspended and subsequently failed.
Events (2)
1.June 4, 1926Suspension
Cause Details
Board of directors ordered suspension; no reason given in article.
Newspaper Excerpt
Topeka June Frontenac state bank was closed today. McGinley, president of the State Bankers Association is cashier of the institution. The bank was suspended by order of the board of directors and no reason has been given the banking department yet.
Source
newspapers
2.December 15, 1928Other
Newspaper Excerpt
conviction ... in connection with the failure of the Frontenac State bank June, 1926. ... was sentenced to term of three to years in the Kansas penitentiary ... attorneys filed notice appeal ... McGinley was released on bond,
Source
newspapers
Newspaper Articles (2)
1.June 4, 1926Council Grove RepublicanCouncil Grove, KS
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Article Text
STATE BASK CLOSES
Topeka June Frontenac state bank was closed today. McGinley, president of the State Bankers Association is cashier of the institution. The bank was suspended by order of the board of diretcors and no reason has been given the banking department yet.
2.December 15, 1928Springfield Leader and PressSpringfield, MO
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Article Text
BANKER IS SENTENCED TO TERM IN PRISON
PITTSBURG. Kan., Dec. former president of the Kansas State Bankers association. today was sentenced to term of three to years in the Kansas penitentiary conviction ment charges in connection with the failure of the Frontenac State bank June, 1926. His attorneys filed notice appeal the Kansas supreme court and McGinley was leased bond,