Edwards County Bank (Kinsley, KS)

Episode Information

Episode UID
889854391090
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
88985439 hash
Start Date
October 29, 1890
Location
Kinsley, Kansas (37.923, -99.410)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fe670f1088a2cfff

Response Measures

None

Description

Failure attributed to liberal lending and crop failures leading to inability to meet eastern creditors; receiver appointed.

Events (3)

1. October 29, 1890 Receivership
Newspaper Excerpt
F. W. Edmonds was appointed receiver and has not as yet completed his schedule of assets and liabilities, but he believes with a conservative administration of the estate, depositors will lose nothing.
Source
newspapers
2. October 29, 1890 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Heavy lending during boom and subsequent crop failures reduced collateral and eastern creditors demanded payment, making the bank insolvent.
Newspaper Excerpt
KINSLEY, Kan., Oct. 28.-The Edwards County Bank failed today.
Source
newspapers
3. February 9, 1894 Other
Newspaper Excerpt
The affairs of the Edwards County Bank were finally wound up by a sale of all the remaining effects last Saturday.
Source
newspapers

Newspaper Articles (13)

Article from Deseret Evening News, October 29, 1890

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Three Failures. CHICAGO, Oct 28.-The Mutual Fire Insurance Company assigned today. The company expects to make a settlement in full, having a large excess of assets over liabilities. The cause of failure was the unusually severe losses sustained during the past year. KINSLEY, Kan., Oct. 28.-The Edwards County Bank failed today. The assets are said to exceed the liabilities by a large amount, and the depositors will doubtless receive their claims in full. NEW YORK, Oct. 28.-I.S. Plautt, cloak manufacturer and proprietor of the Hotel Vendome, made an assignment. Arrangements are being madeby which the business will be carried on.


Article from The Portland Daily Press, October 30, 1890

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GENERAL NEWS. A Chicago money broker named W. S Wharton, has disappeared, owing $50,000. The trouble between the Western Union and its operators at St. Louis has been amicably adjusted. The Edwards County Bank of Kinsey, Kas., has failed. No statement of the affairs has been prepared. The Mutual Fire Insurance Company of Chicago has assigned. Liabilities about $80,000; nominal assets $107,000. Michael Flynn, a Lowell, Mass., pension agent. has been fined $10 and made to return the excessive fee he had exacted from a pensioner. Lawrence Roach, a Republican, was shot and killed at San Francisco Tuesday night by James J. Allen, a Democrat, the result of a political dispute. Patrick Egan, minister to Chili, notifies the State Department that the President of Chili cordially approves the recommendations of the Pan-American conference. A movement,has been made in court in Massachusetts for the dissolution of the Boston Daily Advertiser Company, which has sold out and voted to wind up its affairs. The Republicans have brought test cases in Lawrence, Mass., to settle the legality of the registration in cases where voters' poll taxes were paid by Democratic committees. The indians at the Standing Rock agency are again in a state of excitement over their Messiah. &Kicking Horse, who claimed to come from heaven, has been ejected from the reservation. Referee Baegener of New York, before whom the suit of Tallmage & Martin against the Republican League of the United States for a printing bill of $12,000 has been pending some time, has finally decided on dismissing the complaint. Mayor Faye of Portsmouth, N. H., Democrat, and the Republican committee on streets, are at loggerheads over the employment of men. The Mayor has had the force discharged against the wishes of the committee and the opinion of the city solicitor


Article from The Kinsley Graphic, October 31, 1890

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The old reliable Edwards County Bank has gone under The failure is a great misfortune to the county and surrounding country. During the yearsof1885 and 6 when the country was settling rapidly there was a large demand for money and the bank loaned liberaly to farmers and traders, and owing to the crop failures of 1887 and 8 customers could not meet their obligations to the bank without a waste-' full sacrifice. Money was plenty east, the bar. k's credit good. and being anxious to help the people and build up the country the bank people pledged their credit for money in the east, carried their customers and made still further loans, But many of their cusfomers failed. and their securities diminished with the general depreciation of values in farm products and stock, and eastern creditors becoming emphatic in their demands of the bank to meet its obligations with them, the bank found it impossible to do it and hence closed its doors on the 29. F. W. Edmonds was appointed reciever and has not as yet completed his schedule of assets and habilities, but he believes with a conservative administration of the estate, depositors will lose nothing. L. G. Botes, the cashier, has the spmpathy of the entire community.


Article from The Globe-Republican, November 5, 1890

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THE Edwards County Bank, one of the first banking institutions established in this section of Kansas, has closed its doors. The failure is n great misfortune to the city of Kinsley and Edwards county, and was due to the very liberal loaning of money to farmers and traders generally. F. W. Edmonds was appointed receiver, who believes that with a conservative administration of the estate depositors will lose nothing. Hon. L. G. Boies, who has been the bank's cashier since 1877. has the respect and full confidence of his patrons, notwithstanding his failure in bussiness.


Article from Barton County Democrat, November 6, 1890

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KANSAS STATE NEWS. A MOTION was made in the Supreme Court of the United States on the 27th to advance the three cases from Kansas growing out of the late decision regarding the Prohibitory law (as to original packages). when the Chief Justice said the cases would not be taken up until a successor to the late Justice Miller has been appointed. A PARTY of Kansas City, Kan., hunters recently found the dead body of a man lying on the bank of the river at Pomeroy. The body was perfectly nude and was lying partially in the water. About twenty feet away were clothes supposed to be those of the dead man. The body showed no marks of violence and it was thought that the man committed suicide with some poison. THE other night safe-crackers visited Mount Hope and cracked the safe of J. T. Frost, a merchant, and got $100. They also broke the safe of C. C. Thomas, a merchant, and got $90. The first door to the safe of the Mount Hope Bank was blown off and two drills were found stuck in the second and inner door. They were unable to get any money from the bank. One of the thieves, who is a Chicago crook by the name of Billy Morris, was arrested the next day at Wichita. THE twenty-secor annual meeting of the A. O. U. W. of Kansas was held recently at Hutchinson with delegations in attendance from all parts of the State. The following officers were elected for the ensuing year: J. A. Rea, Hutchinson, president; Thomas B. Allen, Hays City, vice-president; W. N. Wallace, Kingman, secretary and treasurer; A. W. McKinney and F. M. Chaplain, members of the executive committee. The next meeting will be at Kingman. PENSIONS were granted to the following Kansas veterans on the 28th: John M. Jones, of Moline; Henry C. Jewett, of Whitewater; George M. Mills, of Wichita; Nathan Barlow, of Rutland; Jesse S. Rodgers, of Fort Scott; Thomas Cougheton, of Circleville: Hiram M. Shaffer, of Gridley; John Patterson, of Burlington; Erastus W. Forbes, of Wichita; Richard J. Rudisill, of Emporia; Lorimore Ardery. of Hutchison; John W. Oliver, of Fredonia; John R. Hoover, of Montana; Edward A. Baldwin, of Topeka; John L Quiett, of Farmington; Charles W. Poston, of Longton; Daniel M. Morley, of Clyde, W. L. Crumrine, of Kanopolis; Harrison J. Goldsborough, of Cheney; Ephraim M. Bussert, of Cherryvale; Jesse H. Getty. of Lebo: Charles Bascom. of Ottawa: Elizabeth M. Smith, of Leavenworth, and the minor child of William Stewart, of Leavenworth. THE power and round house of the West Side Circle railway, at Topeka, burned to the ground at two o'clock the other morning. Three steam motors, valued at $4,500 each, and several cars were destroyed. The total loss was about $20,000, partially covered by insurance. THE Edwards County Bank at Kins'ey closed its doors the other day. It became involved during the boom three years ago, since which time it had not been able to recover. Its local deposits are said not to be large and in all probability will all be adjusted, specially as its assets are far in excess of its liabilities. THE other day Gottlieb Knepfer, an old citizen of Kansas City. Kan., was injured by being thrown from a buggy, which resulted in his death a few days later. MRS. MARTHA FAUBION and her daughter, of Argentine, were recently bitten by a mad dog-a family pet. EDDIE SAVENGER, only 9 years old, was recently arrested at Toneka for stealing a trunk containing $75 worth of hats belonging to Willie Sells, of Sells Bros.' circus. The boy said he broke a window and was assisted in the theft by two other boys. THE other night Bill Ford and Harry Dill started out at Wichita to paint the town, and before the decorations were complete got into a quarrel which resulted in Dill stabbing Ford with probably fatal effect. C. A. BENSON, who is under indictment for the murder of Mrs. Mettman, has been removed by the United States marshal from the jail at Leavenworth to the Topeka jail. GEORGE BEAL was recently thrown from his horse at Wichita and instantly killed. ROBERT ROONAN, a young bricklayer of Leavenworth, was recently murdered in a gambling den in Denver. The body was taken to Leavenworth for internment. A MAN by the name of F. H. Ackert lately victimized several parties in Kansas City, Kan., by purchasing several bills of goods and giving forged checks in payment. The police were eager to make his acquaintance but he studiously kept out of their way. THE shareholders of the Atchison, Topeka & Santa Fe Railway Company held a meeting at Topeka the other day and ratified the purchase of the Colorado Midland railway. THE Enterprise Normal College has suspended operations, the students being notified that the school's usefulness is over. GEORGE COOPER, colored, shot at Jake Overstreet, also colored, in a quarrel at Lawrence the other evening. and hit Charles Ashley in the right arm. A LATE fire at Belleville destroyed the First National Bank building, in which were a number of business firms, the Phillips building and other property valued at fully $50,000. THE old canning factory on the levee at Leavenworth, operated by the Michael Doyle Elevator Company of Rochester,


Article from The Kinsley Graphic, November 7, 1890

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KANSAS STATE NEWS. A MOTION was made in the Supreme Court of the United States on the 27th to advance the three cases from Kansas growing out of the late decision regarding the Prohibitory law (as to original packages), when the Chief Justice said the cases would not be taken up until a successor to the late Justice Miller has been appointed. A PARTY of Kansas City, Kan., hunters recently found the dead body of a man lying on the bank of the river at Pomeroy. The body was perfectly nude and was lying partially in the water. About twenty feet away were clothes supposed to be those of the dead man. The body showed no marks of violence and it was thought that the man committed suicide with some poison. THE other night safe-crackers visited Mount Hope and cracked the safe of J. T. Frost, a merchant, and got $100. They also broke the safe of C. C. Thomas, a merchant, and got $90. The first door to the safe of the Mount Hope Bank was blown off and two drills were found stuck in the second and inner door. They were unable to get any money from the bank. One of the thieves, who is a Chicago crook by the name of Billy Morris, was arrested the next day at Wichita. THE twenty-second annual meeting of the A. O. U. W. of Kansas was held recently at Hutchinson with delegations in attendance from all parts of the State. The following officers were elected for the ensuing year: J. A. Rea, Hutchinson, president; Thomas B. Allen, Hays City, vice-president; W. N. Wallace, Kingman, secretary and treasurer; A. W. McKinney and F. M. Chaplain, members of the executive committee. The next meeting will be at Kingman PENSIONS were granted to the following Kansas veterans on the 28th: John M. Jones, of Moline; Henry C. Jewett, of Whitewater; George M. Mills, of Wichita; Nathan Barlow, of Rutland; Jesse S. Rodgers, of Fort Scott; Thomas Cougheton, of Circleville; Hiram M. Shaffer, of Gridley; John Patterson, of Burlington; Erastus W. Forbes, of Wichita; Richard J. Rudisill, of Emporia; Lorimore Ardery, of Hutchison; John W. Oliver, of Fredonia; John R. Hoover, of Montana; Edward A. Baldwin, of Topeka; John L Quiett, of Farmington; Charles W. Poston, of Longton; Daniel M. Morley, of Clyde, W. L Crumrine, of Kanopolis; Harrison J. Goldsborough, of Cheney; Ephraim M. Bussert, of Cherryvale; Jesse H. Getty, of Lebo; Charles Bascom, of Ottawa; Elizabeth M. Smith, of Leavenworth, and the minor child of William Stewart, of Leavenworth. THE power and round house of the West Side Circle railway, at Topeka, burned to the ground at two o'clock the other morning. Three steam motors, valued at $4,500 each, and several cars were destroyed. The total loss was about $20,000, partially covered by insurance. THE Edwards County Bank at Kins'ey closed its doors the other day. It became involved during the boom three years ago, since which time it had not been able to recover. Its local deposits are said not to be large and in all probability will all be adjusted, specially as its assets are far in excess of its liabilities. THE other day Gottlieb Knepfer, an old citizen of Kansas City, Kan, was injured by being thrown from a buggy, which resulted in his death a few days later. MRS. MARTHA FAUBION and her daughter, of Argentine, were recently bitten by a mad dog-a family pet. EDDIE SAVENGER, only 9 years old, was recently arrested at Topeka for stealing a trunk containing $75 worth of hats belonging to Willie Sells, of Sells Bros.' circus. The boy said he broke a window and was assisted in the theft by two other boys. THE other night Bill Ford and Harry Dill started out at Wichita to paint the town, and before the decorations were complete got into a quarrel which resulted in Dill stabbing Ford with probably fatal effect. C. A. BENSON, who is under indictment for the murder of Mrs. Mettman, has been removed by the United States marshal from the jail at Leavenworth to the Topeka jail. GEORGE BEAL was recently thrown from his horse at Wichita and instantly killed. ROBERT ROONAN, a young bricklayer of Leavenworth, was recently murdered in a gambling den in Denver. The body was taken to Leavenworth for internment. A MAN by the name of F. H. Ackert lately victimized several parties in Kansas City, Kan., by purchasing several bills of goods and giving forged checks in payment. The police were eager to make his acquaintance but he studiously kept out of their way. THE shareholders of the Atchison, Topeka & Santa Fe Railway Company held a meeting at Topeka the other day and ratified the purchase of the Colorado Midland railway. THE Enterprise Normal College has suspended operations, the students being notified that the school's usefulness is over. GEORGE COOPER, colored, shot at Jake Overstreet, also colored, in a quarrel at Lawrence the other evening, and hit Charles Ashley in the right arm. A LATE fire at Belleville destroyed the First National Bank building, in which were a number of business firms, the Phillips building and other property valued at fully $50,000. THE old canning factory on the levee atLeavenworth, operated by the Michael Doyle Elevator Company of Rochester, N. Y., burned to the ground the other morning. The Missouri Pacific freight depot caught fire several times. An evaporating kiln started the fire. The loss was about $6,000, with $5, 500 insurance, $3 300 on the building and $2,500 on the machinery and other contents. Doc RAYMOND, a hack driver, was found the other morning in the water of Three-Mile creek near Leavenworth. He had on no shoes or coat, and was in a partially demented condition He could give no account of how he came plight


Article from The Kinsley Graphic, May 5, 1893

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LEGAL NOTICES. SHERIFF'S SALE. First published April 21st, 1893. In the District court of Edwards county, state of Kansas. JohnK Mulvane John Martin and William H Rossington, trustees, Plaintiff. vs Win A Thomas, Anna R Thomas, The Edwards Co Bank. F W Edmonds,as receiver of Edwards Co Bank C. A VanHorn' Albert Geiger, The National Bank of the Republic of St Louis. Mo, The Wood & Huston Bank of Marsball Mo No. 1593. Lawrence Nati Bank Bank of Orion III, First National Bank of Ironton, Ohio, First Nalional Bank of Ithaca, N Y American Ex Nati Bank of Chicago, III, Mass Natl Bank of Boston Mass, First National Bank of McPberson. Fourth Nati Bank of N Y, National Bank of Kansas City, Mo. L K VanHorn, Defendants. By virtue of an order of sale issued to me out of said district court in the above-entitled action, I will on Monday the 22nd day of May, A. D. ,1893, between two and four o'clock p. in. of said day. at the front door of the court house in the city of Kinsley in the county of Edwards in the state of Kansas. offer at public sale, and sell to the highest and best bidder for cash in hand, all the following described real estate, to-wit. Lots No. 21 and 22 in block A inBoles's addition to the city of Kinsley, lying and situate in the county of Edwards in the state ofKansas. The above-described real estate will be sold without appraisement to satisfy said order of sale. R. G. ROBERTS, Sheriff of Edwards County. By J. W. Campbell, Deputy. Fuller & Whitcomb, Attys. for Pltir.


Article from The Kinsley Graphic, February 9, 1894

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The affairs of the Edwards County Bank were finally wound up by a sale of all the remaining effects last Saturday. It is rumored that the receiver's expenses and most of the attorney's fees will be paid.


Article from The Kinsley Graphic, December 6, 1895

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SHERIFF'S SALE. [First published Dec. 6; last published Jan 3 in the District Court of Edwards county. State of Kansas. The Mortgage Trust Company of PennsylvaPlaintiff. nia, a Corporation ys. Frank A. Lauber. Anna E. Lauber, the Edwards County Bank of Kinsley, Edwards county. Kansas, and F. W. Edmonds, Receiver of Eowards county Bank, Defendants. By yirtue of an order of sale issued to me out of said district court in the above entitled action, i W 11, on Monday. the 6th day of Jan. uary, A. D. 1896. between two and four o'clock p. m. of said day. at the front door of the court house in the city of Kinsley, in the county of Edwards in the state of Kansar, offer at publicale and sell 10 the highest and best bidder for cash in hand. all the following described real estate to-w.t: Lots three [31 and four [4] and the e. half of the southwest quarter of section thirty 1361 in township twenty-three (231 south, of range twenty 1201 west of the 6th p. m., lying and situate in the county of Edwards in the state of Kausas. The above described real estate will be sold without appraisement. to satisfy said order of sale. D.L. HEATH, sherat. Of Edwards County, Kahele, A. C. DYER, Attorney for Piaintiff. By FRANK WELLMAN. Depury.


Article from The Kinsley Graphic, December 13, 1895

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SHERIFF'S SALE. [First published Dec. 6; last published Jan 31 In the District Court of Edwards county. State of Kansas. The Mortgage Brast Company of Pennsylvania, a Corporation Plaintiff. vs. Frank A. Lauber. Anna E. Lauber, the Edwards County Bank of Kinsley, Edwards county, Kansas. and F. W. Edmonds, Receiver of Edwards county Bank, Defendants. By virtue of an order of sale issued to me out of said district court in the above entitled action, 1 w 11. OIL Monday. the 6th day of January. A. D. 1896. between two and four o'clock p. in. of said day, at the front door of the court house in the city of Kinsley, in the county of Edwards. in the state of Known, offer at public sale and sell to the highest and best bidder for cash in hand, all the following described 1001 estate to-w t: Lots three [3] and four [4] and the e. half of the southweed quarter of section thirty 1.1 in township twenty-three (23) south. of range twenty (204 west of the 6:12 p. in. lying and situate Iu the county of Edwards in the state of Kausas. The above described real estate will be sold without appraisement. to satisfy said order of sale. D. L. HEATH, heriff. of Edwards 1 ounty, Kunsae. A. C. DYER, Attorney for Plaintiff. By FRANK WELLMAN. Deputy.


Article from The Kinsley Graphic, December 20, 1895

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# SHERIFF'S SALE. [First published Dec. 6; last published Jan. 3.] In the District Court of Edwards county, State of Kansas. The Mortgage Trust Company of Pennsylvania, a Corporation Plaintiff, vs. Frank A. Lauber, Anna E. Lauber, the Edwards County Bank of Kinsley, Edwards county, Kansas, and F. W. Edmonds, Receiver of Edwards county Bank, Defendants. By virtue of an order of sale issued to me out of said district court in the above entitled action, I w.ll, on Monday, the 6th day of January, A. D. 1896. between two and four o'clock p. m. of said day, at the front door of the court house in the city of Kinsley, in the county of Edwards in the state of Kansas, offer at public sale and sell to the highest and best bidder for cash in hand, all the following described real estate to-wit: Lots three [3] and four [4] and the e. half of the southwest quarter of section thirty [36] in township twenty three [23] south, of range twenty [20] west of the 6th p. m., lying and situate in the county of Edwards in the state of Kansas. The above described real estate will be sold without appraisement. to satisfy said order of sale. D. L. HEATH, Sheriff. (Of Edwards County, Kansas. A. C. DYER, Attorney for Plaintiff. By FRANK WELLMAN, Deputy.


Article from The Kinsley Graphic, December 27, 1895

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# SHERIFF'S SALE. [First published Dec. 6; last published Jan. 3.] In the District Court of Edwards county, State of Kansas. The Mortgage Trust Company of Pennsylvania, a Corporation vs. Plaintiff, Frank A. Lauber, Anna E. Lauber, the Edwards County Bank of Kinsley, Edwards county, Kansas, and F. W. Edmonds, Receiver of Edwards county Bank, Defendants. By virtue of an order of sale issued to me out of said district court in the above entitled action, I will, on Monday, the 6th day of January, A. D. 1896, between two and four o'clock p. m. of said day, at the front door of the court house in the city of Kinsley, in the county of Edwards in the state of Kansas, offer at public sale and sell to the highest and best bidder for cash in hand, all the following described real estate to-wit: Lots three [3] and four [4] and the e. half of the southwest quarter of section thirty [30] in township twenty-three [23] south, of range twenty [20] west of the 6th p. m., lying and situate in the county of Edwards in the state of Kansas. The above described real estate will be sold without appraisement. to satisfy said order of sale. D. L. HEATH, Sheriff. Of Edwards County, Kansas. A. C. DYER, Attorney for Plaintiff. By FRANK WELLMAN, Deputy.


Article from The Kinsley Graphic, January 3, 1896

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SHERIFF'S SALE. [First published Dec 6; last published Jan. 3. In the District Court of Edwards county. State of Kansas. The Mortgage Trust Comp ny of PennsylvaPlaintiff, nia, a Corporation vs. Frank A Lauber. Anna E. Lauber, the Edwards ( county Bank of Kinsley, Edwards county, Kansas. and F. W. Edmonds, Receiver of Edwards county Bank, Defendants. By virtue of an order of sale issued to ine out of said district court in the above entitled action, I W 11, on Monday. the 6th day of January, A. D. 1896. between two and four o'clock p. m. of said day. at the front door of the court house in the city of Kinsley, in the country of Edwards in the state of Kansas, offer at publicsale and sell to the highest and best bidder for cash in hand, all the following described real estate to-w t: Lots three [31 and four [4] and the e balf of the southwest quarter of section thirty 1001 in township twenty 'hree (23) south. of range twenty 1201 west of the 6th p. m., lying and situate in the county of Edwards in the 8 a e of Kansas. The above described reau estate will be sold without appraisement. to satisfy sail order D. L. HEATH. -heriff. of sale. Of Edwards County. Kansas. A.C.DYER, Attorney for Plaintiff. By FRANK WELLMAN, Deputy.