Farmers State Bank (Cunningham, KS)

Episode Information

Episode UID
83064371488
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
8306437 routing
Routing Number
83-0643
Start Date
December 6, 1923
Location
Cunningham, Kansas (37.644, -98.431)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4a4053f20e9c710f

Response Measures

None

Events (3)
1. December 6, 1923 Receivership
Newspaper Excerpt
The Farmers State Bank, defunct, of Cunningham, went into the hands of a receiver on December 6th, according to a conversation with E. C. Crow this week.
Source
newspapers
2. June 13, 1924 Other
Newspaper Excerpt
Judge Hay ... administered a sharp rebuke directed to E. C. Crow, receiver of a failed bank at Cunningham.
Source
newspapers
3. November 11, 1925 Other
Newspaper Excerpt
The Farmers State bank of this city has filed suit against E. C. Crow, former receiver, alleging that through his negligence the institution lost $25,000.
Source
newspapers

Newspaper Articles (3)
1. December 14, 1923 The Cunningham Clipper Cunningham, KS
Article from The Cunningham Clipper, December 14, 1923

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Article Text

FARMERS STATE BANK INTO RECEIVERSHIP E. C. Crow, Cashier of First State Bank Appointed Receiver. The Farmers State Bank, defunct, of Cunningham, went into the hands of a receiver on December 6th, according to a conversation with E. C. Crow this week. Mr. Crow, Cashier of the First State Bank, has been appointed receiver for the failed institution. Mr. Crow states that as soon as he can get his books and other supplies, he will start issuing receiver's certificates and liquidate the bank in general. He will probably receive his supplies in a few days. Mr. Crow further stated that there is a possibility that the depositors will not have to wait on the guaranty fund for their money as there is another proposition pending that may work out so that the depositors can get their money in six or nine months however, there is nothing definite in the proposition so far. We hoped, along with hundreds of others, that the old bank could be re-opened and the depositors paid, but the chances look slim. However, there is still a chance—let's hope.

2. June 13, 1924 The Kingman Journal Kingman, KS
Article from The Kingman Journal, June 13, 1924

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Article Text

COURT REBUKES BANK RECEIVER Frowning upon the practice of receivers of failed banks in buying outstanding claims against the insolvent institutions, Judge Hay, in district court Tuesday, administered a sharp rebuke directed to E. C. Crow, receiver of a failed bank at Cunningham. "I think you better resign as receiver and stop buying claims," exclaimed the Court when Crow, on the witness stand in a case in which the Cunningham bank was interested, testified that it was his custom, as receiver, or while acting as receiver, to buy such outstanding claims, as an individual. The case in which Crow was a witness, occupied the greater part of the day Tuesday in the district court, and was brought by W. B. Rouse, through his attorney, H. E. Walter, against R. W. Hart and Margaret Hart, the Farmers State Bank of Cunningham, and E. C. Crow, receiver of the bank. C. C. Calkin of Kingman is attorney for the bank receiver. The action is the outgrowth of an attempt on the part of the bank to establish a preference on certain property belonging to Mr. Hart to cover his double liability as a stockholder in the failed bank. Mr. Rouse held a mortgage on the property in question, and, declaring that other property belonging to Hart was available for the bank to recover stockholder's liability, filed this case in order to foreclose on the property involved and secure payment of the loan he had made Mr. Hart direct. After introduction of testimony and arguments of counsel, the Court advised the attorneys to prepare briefs stating the points of law involved.

3. November 11, 1925 The Morning Chronicle Manhattan, KS
Article from The Morning Chronicle, November 11, 1925

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Article Text

Law Recovers Man Kingman, (AP)-The arm of the law has found John Shoultz after groping two years for him. Shoultz escaped from jail while awaiting sentence for stealing chickens. He was found at Perry, Okla. He now faces charges of breaking jail and stealing an automobile. Bank Receiver Sued Cunningham, (AP)-The Farmers State bank of this city has filed suit against E. C. Crow, former receiver, alleging that through his negligence the institution lost $25,000. A surety company which bonded Crow also is named as a defendant.