Bank of Canton (Canton, KS)

Episode Information

Episode UID
762502091143
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
76250209 hash
Start Date
March 29, 1895
Location
Canton, Kansas (38.386, -97.428)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b539642ed95f47c9

Response Measures

None

Description

Newspapers report suspension only; no reopening or receivership mentioned. Owner name spelled Gray/Grey in sources.

Events (1)

1. March 29, 1895 Suspension
Cause Details
Announcement of suspension received by state bank commissioner; no specific trigger given in articles
Newspaper Excerpt
Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county
Source
newspapers

Newspaper Articles (10)

Article from The Seattle Post-Intelligencer, March 30, 1895

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Article Text

Business Failures. Topeka, Kan., March 29.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson counts. the property of two brothers named Grey. Its capital is $6,000, and its deposits at its last report were about $17,000. Bristol, Tenn., March 29.-The Bristol Bank and Trust Company has gone to the wall the second time. The bank, it is said, has been doing business largely by the assistance of a concern in New York that has refused to lend further aid. All the money deposited yesterday will be recovered by depositors. Beside that not more than $100,000 was on deposit.. Chicago, March 29-Hagenback's wild animal show has come to grief, and the animals will be sold at auction within a few days. The trouble came through a confession of judgment for $4,700 in favor of Edward Deverling, one of Hagenback's trainers. The sheriff has attached the animals, and they are now locked up in a barn on Adams street. Hagenback in turn brought against M. Hofheimer, manager of the show, for $5,000, claiming that he has failed to meet the necessary expenses as manager of the company in operating the show. The Nevada & California Stage Company has confessed judgment in the circuit court for $108,660 in favor of Charles Newhall. The judgment was obtained on two notes aggregating the above amount, executed February 6 and payable on demand. The attorneys for the plaintiffs said that the concern is a corporation organized under the laws of Utah, which is not in active existence. It was in bustness as a mail contractor under the United States government. The commission firm of Malcolm & Waterbury, which suspended Wednesday, has made an assignment. Assets and liabilities are believed to be in the neighborhood of $50,000. The firm had branch offices in a number of Western cities, and did a large business. They were bears in the pork market, and the rise of the product forced the assignment.


Article from The Indianapolis Journal, March 30, 1895

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Article Text

Other Business Troubles. CINCINNATI, March 29.-Receiver W. H. Campbell, of the Commercial Bank, was before the Insolvency Court, to-day, to testify on the deposits received Wednesday afternoon, after the clearing house had refused to honor the checks on the Commercial Bank. Benjamin Dale, for himself and clients, deposited over $14,000 at 2 p. m. on that day. It was not entered in his bank book, but put in an envelope. To-day he sued to recover the same, claiming it was not deposited. Dale's suit will be made a test case for all deposits made after 1:30, Wednesday, the hour of the action of the clearing house. BRISTOL, Tenn., March 29.-The Bristol Bank and Trust Company made a general assignment to-day for the benefit of its creditors. The total assets are $50,159; liabilities, $24,720; due to depositors, $16,900. Included in the assets is the bank's building, valued at $23,000. This is the second time this bank has closed its doors within fifteen months. TOPEKA, Kan., March 29.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Gray. Its capital stock is $6,000, and its deposits, when it made its last report, were about $17,000. It had no authority from the Bank Commissioner to run. CLEVELAND, O., March 29.-A. H. Stefe & Co., wholesale glove dealers, at No. 119 Bank street, assigned for the benefit of their creditors to R. R. Holden to-day. The concern is one of the oldest in the city. Assets were said to be about $40,000 and liabilities more than that.


Article from The Herald, March 30, 1895

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Article Text

Another Kansas Bank Collapses TOPEKA, Kan., March 29.-Bank - Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Gray. Its capital is $6000 and its deposits at its last report were about $17.000.


Article from The Salt Lake Herald, March 30, 1895

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Article Text

A BANK SUSPENDS. Topeka, Kan., March 29.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Grey. Its capital is $6,000, and its deposits, at its last report. were about $17,000. It had no authority to run from the bank commissioner.


Article from Omaha Daily Bee, March 30, 1895

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Article Text

Kansas Hank ( losed Up. TOPEKA, March 29.-Bank Commissioner Breldenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Grey. Its capital is $6,000 and its deposits, when it made its last report, were about $17,000. It had no authority to run from be bank commissioner.


Article from The Guthrie Daily Leader, March 31, 1895

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Article Text

A Private Kansas Bank Clos d. Topeka. Kan., March 30. -Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton. McPherson county, the property of two brothers named Grey. Its capital is $6,000 and its deposits, when it made its last report, were about $17,000.


Article from The San Francisco Call, March 31, 1895

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Article Text

Suspension of a Bank. TOPEKA, KANS., March 30.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson County, the property of two brothers named Grey. Its capital is $6000 and its deposits at its last report were about $17,000. It had no authority to run from the Bank Commissioner.


Article from Barbour County Index, April 3, 1895

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Article Text

WATERS PROTESTS FOR CHASE. Committee Acts on the Protest and will Hear Witnesses Wednesday. Toqeka, Kan., March 29.-The legislative committee to investigate the charges against Warden Chase of the penitentiary met this afternoon and decided to begin hearing evidence next Wednesday at 1:30 o'clock. J. G. Waters, on the part of the defense, filed a protest against the committee's legal right to sit in the case; also against its sitting without the members first filing an oath with the secretary of state; also against proceeding without an order separating the witnesses. The committee decided against the first protest and in favor of the second, and announced that such witnesses as it deemed necessary to be absent should be excluded from the room. Topeka, March 29.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Grey. Its capital is $6,000, and its deposits, when it made its last report were about $17,000. It had no authority to run from the bank commissioner


Article from The Goodland Republic, April 5, 1895

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Article Text

Kansas Bank Suspends. TOPEKA, March 31.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Grey. Its capital is $6,000, and its deposits, when it made its last report, were about $17,000. It had no authority to run from the bank commissioner.


Article from Baxter Springs News, April 6, 1895

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Article Text

A Private Kansas Bank Closed. TopeKa, Kan., March 30.-Bank Commissioner Breidenthal has received notice of the suspension of the Bank of Canton, McPherson county, the property of two brothers named Grey. Its capital is $6,000 and its deposits, when it made its last report, were about $17,000.