gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d9199d699c0607d6
Response Measures
None
Description
Bank voluntarily closed and was placed in receivership; later paid dividends from the receivership estate.
Events (4)
1.December 21, 1931Receivership
Newspaper Excerpt
The Receiver of the Farmers State Bank, Burdick, Kansas, was appointed on December 21, 1931. CHARLES W. JOHNSON, Receiver.
Source
newspapers
2.December 21, 1931Suspension
Cause
Voluntary Liquidation
Cause Details
Bank voluntarily closed its doors and examiners took custody of records and deposits; state banking department involved
Newspaper Excerpt
the Farmers State bank of Burdick which voluntarily closed its doors last Monday
Source
newspapers
3.February 10, 1933Other
Newspaper Excerpt
Farmers State of Burdick 25 per cent on Feb. 10 (dividend paid to depositors by receiver)
Source
newspapers
4.January 25, 1934Other
Newspaper Excerpt
Receivers for the Farmers State Bank Burdick have announced that another dividend will be paid this coming Saturday. It will be for ten per cent.
Source
newspapers
Newspaper Articles (16)
1.December 26, 1931Council Grove RepublicanCouncil Grove, KS
Article Text
APPOINTED ASSISTANT RECEIVER OF BURDICK BANK
That Community Had Hoped That Ross Wallace Be Given Liquidation Task
Austin of Cottonwood Falls has been assistant receiver the Farmers State bank of Burdick which voluntarily closed its doors last Monday. Mr. Austin mediately and was at the bank today taking charge of records and deposits, which have been custody of the state banking department while examiners went over the books of the institution. Lengthy petitions urging Chas. Johnson, state bank appoint Wallace of Burdick his assistant have been in circulation in the part of the county for severdays. Signatures to these petitions were being obtained by Swan Nelson, stock holder of the bank and one of the most prominent citizens of the Burdick community. The action state authorities in going outside the county for an assistant receiver is both surprise and to the Burdick community. In othbank liquidations here Morris county receivers have been However, depositors of the bank are assured of the services an exceptionall high type of executive Mr. Austin. He the electric utilities supplying current to Cottonwood Falls and adjacent towns; and is heavily interested in various other sucHis long Chase makes him familiar with the financonditions of communities of this size and he will be able to and sympatheticly handle obligations due the Burdick bank.
A CAR COMPASS
Add to desirable Christmas gifts unique present which reached Ferd county today. It autoengineer mobile compass. Attached the top car slightly in front of drivers head, an upward glance will reveal instantly the direction in which motorist is traveling. Because of the electrical equipment in car, necessary to adjust these passes after installation but once this done they are extremely accurate.
CHRISTMAS JAIL
Prisoners in the county were treated to special Christmas dinner yesterday by Deputy Chas. Johnson. They were given goose with customary trimmings and the whole topped with pumpkin pie. The eight jail inmates received sacks candy from the officer Deputy Johnson had group of relatives visit him the including Wilber Atkinson and family, Money and Omar Johnson and family, Jimmy Atkinson.
ELECTIONS NEXT MONTH
Annual elections will be held early next month by both the Commerce and the Country Club. Last year both elections fell the date but Ray, of hopes that conflict avoided this time. The of select its officers for 1932 on the second Tuesday of January.
SAW MUCH WOOD
The county woodpile at the court house promises to rapidly next week. Deputy Johnson estimates that loads of poles and trees have been cleared from Elm Creek ready sawing into stove lengths for needy families.
2.December 26, 1931Council Grove RepublicanCouncil Grove, KS
Article Text
Japan Reply Due Tomorrow Politely Warns Nations Will Protect Jap Lives
London, Dec. conference at the Hage on January 18 has been decided was said in official circles day. Tokyo, Dec. reply to the latest diplomatic the city of Chinchow, accompanied statement of her by lengthy in Manchuria will be position delivered tomorrow to dors of the United States, Great Britain and In view of the fact that Secretary State Stimson understood to have frankly expressed apprehension regarding bandit hunting activities in that area, that the Japanese government would be quite frank also in its answer. believed the statement will the impotrance of Japan peace and order in Manchuria, but tells the three powers in polite terms that Japan makes no to ter stand as long as Japanlives and property continue to be menaced by outlaws.
PLEASED WITH SALES
Santa Claus was good to Council Grove this their lines embracutility gifts. majority of business consulted this men morning confess that sales were better than they had anticipatafter fall business. Of course, all of them have more stock holiday nature left on the store shelves than usual, but not normal year and close selling expected. A few stores did not very little Christmas business, most merchants admit the is made with comparison years. and not the peak 1928 and that little reason to complain of the way folks responded shedding little the fashioned Christmas spirit.
EFFECT IS UNCERTAIN
The effect of the suspension of the Farmers bank at Burdick on the ability of that township and school district to meet current obligations for more than remains tax distribution due late January. But the county treasurer distribute only taxes actually paid date payments from the Burdick ritory are far below normal. residents paid their taxes Many through the Burdick bank and this money tied up along with their deposits. Unless is released, little money will be available for the distribution upwhich those taxing districts on are now depending so
SCHOOL HAS FUNDS
Paul Person of Burdick was the court house today checkthe amount of money his school district has on deposit with the county He found sufficient meet current until distribution made. Very few of the school districts had their funds deposit in the Burdick on bank when closed and are more than taxing districts in that part of the county.
LEFT 45 BASKETS After had finished their of huge Christmas baskets Thursday was disthat one family had omitted from the list. All donated food and vegetable stores were gone when the discovery made. Chief Goodfellow purchased duplicate basket and at the family's door. It made total of
BEEN EXPENSIVE MUD Vandevier, farmer living near Alta Vista, another Morcounty man who cannot member year when late rains brought as much grief to this. He vinced that the long weeks muddy stock and fields that preceded Christmas cost stock as much fat as did feeders trouble.
HERINGTON LOST Herington high school lost opening ball game the season to Hope by score of
BANKING BY PROXY
Burdick merchants will do their banking proxy since the suspension the Farmers State there The Bank arranged to send teller to Burdick twice week to lect checks taken in by merchants there. These will be deposited cleared through can.
5.December 31, 1931The Herington SunHerington, KS
Article Text
AUSTIN IS NAMED
Austin of Cottonwood Falls has been named assistant receiver the Farmers State Bank of Burdick which voluntarily closed its doors last Monday Mr. Austin qualified immediately and was at the bank Saturday taking charge of its records and which have been in custody the state banking while examiners went over the books of the Lengthy petitions urging Chas Johnson, state bank receiver to appoint Wallace Burdick sistant have been in circulation in the southwestern part of the county for several days. Signatures to these petitions were being obtained by Swan Nelson. stock holder of the bank and one the most prominent citizens of the Burdick publican,
6.January 1, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
BANK RECEIVER HERE
W. Austin, who is handling affairs of the Farmers bank at Burdick, was at court house for short time yesterday. He came return unsold hunting, trapping and fishing licenses bank had and for those issued by the bank. This fund state money and was not on deposit at the the paid the full amount directly to the county clerk.
7.June 29, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
Trade your 2nd hand school books for fireworks. Duckwalls Mrs. Lloyd Hanna and Mrs. W. A. Hanna of Wilsey were in town early this morning shopping. Mr. and Mrs. Ralph Net were down from White City today.
NOTICE OF PINAL SETTLEMENT Probate Said the Matter or the Estate OI Fred Creditors and other interested in are hereby notified that have filed my report in the Probate Court or and the day of 1932, at o'clock M. my final apply to the said court for full settlement and this day of June, 1932. (1st pub June last pub June 29)
NOTICE OF SALE In the Morris CounUnion Central Life Insurance a Plaintiff R. W. Reeves, Hattie V Reeves Stephen H Edwards, Carrie M. Edwards, Dorethea The Farmers State Bank of Burdick, Kancorporation. Charles Johnson as receiver of said bank Defendants
No. 8183 NOTICE OF SALE Notice is hereby given under and by virtue an order sale issued by the District Court of Morris County, Kansas, wherein the parties plaintiffs and defendants to me, the sheriff Morris directed will and hand front the court house city of on the D. day the ing situated in County, Kansas, Quarter of Section 31, 15, Range East the 6th about one-half the south side thereof, described as follows: Commencing section rods corner of Northwest Quarter; thence North rods; direction 30 rods the half line the and the SouthQuarter of said section; thence West place of beginning, the total area deducting exception noted being 160 less PARKER, Sheriff of Morris County, Kansas. Gilbert H. Attorney (1st pub June 8: pub July 6)
COUNTY EXPENDITURES May,
7.00 7.31 labor
897.10 sup
10.80 1.00 34.90
8.October 12, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
BANK BRINGS SUIT The Farmers bank at Burdick brought suit through Chas. Johnson, receiver, for the of $1,097 from covery Reeves, which the defunct bank alleges due on note. Joe Lynch is the attorney.
9.October 29, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
SUES FOR $4,999 an outgrowth of the failure the Farmers State bank at Burdick. suit been started district court against Wm Atkinson for the of recovery $4,999. Chas. Johnson, who brings the action for the bank, alleges that sum still due on note given the bank in 1931.
10.October 29, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
ASKS STOCK PAYMENT
Seeking to collect double liabfrom stockholders the defunct Farmers State bank Burdick, Chas. Johnson, state bank has comsuit in district court obtain Joe Lynch, he leges that Wm. Atkinson $2.600 liability on stock he held the insolvent bank. is named the owner of five of stock and asked to pay $500 into court covering them.
11.November 7, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
NOTICE
The Statutes of Kansas provide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment, and if not so filed such claims shall be barred from participation in the estate such bank. The Receiver of the Farmers State Bank. Burdick. Kansas was appointed on December 1931 -CHARLES W. JOHNSON Receiver. 59 2c
12.November 8, 1932Council Grove RepublicanCouncil Grove, KS
Article Text
NOTICE
The Statutes of Kansas pro. vide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment, and if not so filed such claims shall be barred from participation in the estate of such bank. The Receiver of the Farmers State Bank, Burdick. Kansas, was appointed on December 21, 1931. CHARLES W. JOHNSON, Receiver. 59 2c
13.February 3, 1933Council Grove RepublicanCouncil Grove, KS
Article Text
A DUCHESS DEAD
Dampierre, France, Feb. 3β(AP)βThe Dowager Duchess Duzes, advocate of women's rights, died here today. She was 85 years old.
BACK TO PRISON
While a Wichita attorney was endeavoring to secure $5,000 for bond for Glen Fansler held for district court trial as one of the National bank bandits at Herington, a guard from the state reformatory appeared with commitments revoking his parole. Fansler is now in the reformatory but will be brought back to Abilene for trial at the next term of court as a bank robber.
TO PAY DIVIDENDS
Dividends will be paid depositors of failed banks by C. W. Johnson this month as follows: Girard state bank 5 per cent Feb. 4, Farmers State of Burdick 25 per cent on Feb. 10, South Haven State 10 percent Feb 10, Alton State 15 percent on Feb. 11, Fort Scott State 1 percent final on Feb. 18, Sylvia State 20 percent Feb. 23.
ANDERSON NOT DEAD?
The identification of a slain negro near Ft. Riley as "Slim" Anderson brings a denial from Mrs. E. A. Anderson of Emporia who has written Geary officers that her husband "Slim" is alive in that city.
PAYS OFF $46,992
Herington has paid off $46,992 in city bonds in the last year. Water and light revenue decreased 14 per cent, but operating costs were cut 21 per cent.
14.April 1, 1933Council Grove RepublicanCouncil Grove, KS
Article Text
BARBER SHOP
Glasscock, who has Tommy been with the Johnson barber since located has shop and will to White resigned City to operate filling station and He taking over garage. the station which has been in of Harold Dumford and charge Bill Hare.
HOLD PHONE ELECTION
Stockholders in the Delavan telephone system are holding the election at the high school there this afternoon. Stockholders discuss duction service charges and consider three applications the position as central operator.
BANK SELLS LAND
The Farmers State bank of Burdick has sold to Cy Burns the east 100 acres of the northeast quarter section The deed was given Johnson, state bank receiver. The land situated in Diamond Valley.
BROTHER DEAD
Kneeland has received word the death Eugene, Ore, an older brother, Wm. Kneeland. The latter Thursday evening. He never visited here and Kneeland was not able to attend the funeral.
IS AIR HOSTESS
Miss Doris Gillett, former White City girl, has been chosen hostess on the United Air Lines flying out of Kansas City and make regular air trips passengers during iods sickness.
SHERIFF'S DEED
Sheriff Ralph Knott has deedto the Davis Wellcome mortgage the northwest company quarter The land located in Valley township.
NEW CAR MODEL
One of the new Chevrolet models was brought from Kansas City last evening by Featherston and is now on display at that agency.
OUT HOSPITAL
Ernie Fletcher who was injurin auto wreck six weeks an returned last evening from the Missouri Pacific hospital Louis.
15.April 3, 1933Council Grove RepublicanCouncil Grove, KS
Article Text
FIRST JURY IMPANELED IS HEARING CIVIL CASE
Criminal Action Pending Was Jurors
The first jury impaneled by Judge M. Clark this morning sitting in civil action. The only criminal case of the team child desertion charge against Clarence been continued. Today's jury is listening to dence money suit by Gabriel Frank as sult of the Citizens bank failThe amount involved is in excess of $5,000. Snyder the only local attorney the case. The jury upon which torney's agreed comprises Frank Haucke, Marion Kendall, Simon Shields, Miser Howard Shepherd, Frohm, Elwood Sharp, George Alexander, Earl McConkey, Joe Hirt and S. Garranson. If verdict is returned today this case, no court will be held tomorrow. Judge Clark cused other jurymen until Wednesday when developed that the next two cases could not be ready for hearing until then. They are Johnson, receivfor the Home State bank of Junction City against Swenson and Rhodes Staley. Snyder and Pirtle are attorneys in the latter suit. One other case was dismissed this divorce suit Nell Sullivan Calvin livan. was the Henry Torgeson attorney.
MRS. SHUBERT DEAD Mrs. Shubert of Wilsey died at o'clock this after illness weeks. an old and had She years lived in Wilsey for century. She survived husband and Shubert Wilsey, Mrs. Mack Hensley of Delavan, Shubert of Junction City, Elmer Shubert Marion. Frank Ernest Shubert of Centralia. All children will be able to attend the funeral services which probwill be held on Wednesday.
SUIT ON LIABILITY Suits collect nearly $18,000 double liability from stockholders of the Farmers bank at Burdick disposed in diswere trict court this morning. Judgment was returned against Frank Atkinson in the of for 133 shares of stock held at the time the bank he Sarah Atkinson held suspended. four shares and judgment of was returned against her. Joe was the attorLynch ney.
Burdick Bank Dividend
Receivers for the Farmers State Bank Burdick have announced that another dividend will be paid this coming Saturday. It will be for ten per cent. This the second dividend from that institution the other having been per cent. In with this it that the Lincolnville State Bank will pay out soon, making full payment. The Delavan Bank paid out full and understood that the Latimer Bank will pay in full eventually.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.