6822. Linwood State Bank (Linwood, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 20, 1927
Location
Linwood, Kansas (39.001, -95.039)

Metadata

Model
gpt-5-mini
Short Digest
293ccc07

Response Measures

None

Description

Newspaper articles (Aug 1–2, 1927) state the Linwood State Bank is under receivership and will make its first disbursement to depositors Aug 20 under the state bank receiver Charles Johnson. No run is mentioned; bank is defunct/closed and in receivership (government action).

Events (2)
1. August 20, 1927 Receivership
Newspaper Excerpt
The Linwood State Bank of Linwood will make its first disbursement under the receivership August 20, when checks representing one-third of the deposits will be mailed to the depositors.
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Bank placed in receivership by the state bank receiver (Charles Johnson); bank is defunct and suspending normal operations under receivership.
Newspaper Excerpt
The Linwood State Bank of Linwood will make its first disbursement under the receivership August 20.
Source
newspapers

Newspaper Articles (3)
1. August 1, 1927 The Emporia Gazette Emporia, KS
Article from The Emporia Gazette, August 1, 1927

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Article Text

Three Defunct Banks To Pay Dividends to Depositors in August Aug. will paid depositors three defunct banks this month, Charles Johnson, state receiver, announced today. Depositors the Roanoke State bank Kansas will receive August their first distribution the assets. amount20 of the total per cent dividend August depositors the Scranton State bank Seranwhose failure. after the cashier's tied Later. dividend of about cent wind the estate. from which the get only of money. The State bank Linwood make its first dis bursement under the August checks representing of the deposits will be mailed to the depositors.

2. August 1, 1927 Cherryvale Republican Cherryvale, KS
Article from Cherryvale Republican, August 1, 1927

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Article Text

Defunct Banks to Pay Dividends in August Topeka Aug dends will be paid to depositors three defunct state banks this month Charles Johnson. state bank receiver. announced today Depositors of the Roanoke State Bank of Kansas City, Kan., will their first distributhe assets. amounting to cent of posits. An per cent dividend will be August 10 depositors of the paid Scranton State Bank at Seranton, after cashier's tied Later. dividend about percent will wind up the estate, from which the will get only one-half of their money The Linwood State Bank of Linwood will make its first ment under the receivership August 20. when representing onethe deposits will be paid to the depositors.

3. August 2, 1927 The Morning Chronicle Manhattan, KS
Article from The Morning Chronicle, August 2, 1927

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Article Text

PAY LOSING DEPOSITORS. from Kansas Institutions WIII Yield Funds. Topeka, August paid to depositors three state banks this month, Charles Johnson, state bank receiver announced. Depositors of the Roanoke state bank Kansas City, Kan. will August their first the assets, amounting the total $200,000 deposits. An cent dividend will paid August depositors of the State bank whose ton failure, after the cashier's suicide. $310,000. Later, dividend about cent will wind up the per from which the depositors will estate, only one-half their money The Linwood state bank of wood will make its first under the receivership August 20. when checks representing the deposits will be mailed the depositors. Risked Life For Companion Washington, Aug. college girl risked her life young unsuccessfully to from drown her collegemate escort. Thelbert Edwards, formerly of Long Branch, from drowning Chesapeake Bay yesterday. Miss Chevy Chase Avril dove after Edwards from rowboat nhe lost strength while current in the through swift was unable to find She had difficult time reachbody and her boat through the when she gained waters, fainting