Newspapers (May 20, 1896) report that the Wellington National Bank closed. No description of a depositor run on Wellington is given; the closure prompted a crowd at neighboring Argonia. The article does not state a cause for Wellington's closing or whether it was a temporary suspension, but context and phrasing indicate a closure leading to permanent stoppage (suspension followed by closure).
Events (1)
1.May 20, 1896Suspension
Cause Details
Article states the bank closed but gives no reason or explanation for the closing.
Newspaper Excerpt
On the morning after the Wellington national bank closed a crowd gathered around the Argonia bank, with the purpose of making a run.
Source
newspapers
Newspaper Articles (2)
1.May 21, 1896Abilene Weekly ReflectorAbilene, KS
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Article Text
REFUSED TO TAKE CHARGE. Bank Commissioner Breidenthal Would Not Let a Kansas Bank Fall. TOPEKA, Kan., May 20.-Bank Commissioner Breidenthal has refused to take charge of the suspended bank at Argonia, Sumner county. He says he found the bank in fairly good shape and with no reason for failing. On the morning after the Wellington national bank closed a crowd gathered around the Argonia bank, with the purpose of making a run. The bank officers refused to open the vaults and sent for Breidenthal, who found the bank solvent and refused to take charge.
2.May 23, 1896Baxter Springs NewsBaxter Springs, KS
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Article Text
REFUSED TO TAKE CHARGE. Bank Commissioner Breldenthal Would Not Let a Kansas Bank Fail. TOPEKA, Kan., May 20.-Bank Commissioner Breidenthal has refused to take charge of the suspended bank at Argonia, Sumner county. He says he found the bank in fairly good shape and with no reason for failing. On the morning after the Wellington national bank closed a crowd gathered around the Argonia bank, with the purpose of making a run. The bank officers refused to open the vaults and sent for Breidenthal, who found the bank solvent and refused to take charge.
