9169691791095 916969179
hash
94735fbc4e118369None
Click image to open full size in new tab
Another Kansas]BankiFailure. TOPEKA, Kas., March 18 - -The United States Savings Bank of this city closed its doors this morning and assigned. The failure was caused by the failure a few weeks ago of John D. Knox, president of the bank. Eastern creditors of the bank connected father and son with the savings bank and withdrew their support. The liabilities and assets cannot be learned. The capital stock of the bank is $261,000.
Click image to open full size in new tab
Another Bank Fathure in Kausas. TOPEKA, Kan. March 18.The United States Savings Bank in this city closed its doors this morning and assigned. The failure was caused by the failure a few weeks ago of John D. Koox, president of the bank. Eastern creditors of the bank connected with the father and son with the savings bank withdrew their support. The liabilities and assete cannot be learned. Assets large, but will pay in full all liabilities. Capital stock of the bank, $261,000.
Click image to open full size in new tab
TOPEKA, KAN.-Tho United States Savings bank, of which W. C. Knox 18 president, is in the hands of an assignee; the following notice posted on the door told the story: "The bank is in the hands of an assignee. A list of creditors will be filed during the day. The assets largely exceed the liabilities, and depositors will undoubtedly be paid in full. Aside from deposits, the amount due creditors is not large, and is held almost entirely out of the state. The bank is not in debt to any bank or financial institution in SAMUEL T. HOWE, Topeka. Assignee. This failure is a direct result of the assignment of John D. Knox & Co. thirty days ago. Although the institutions have not been connected in any way, the public, and particularly the eastern creditors were unable to see it in that light, and almost immediately a quiet run was commenced upon the United States Savings bank. The eastern creditors holding time certificates, presented their accounts and they were paid as fast as presented, and some of the local depositors withdrew their funds. The officers of the bank had completed arrangements with an eastern banking house by which they were to get any amount of money they might need. The security was agreed upon and the bank did not look elsewhere for assistance. When the time came for the use of the cash, however, it was not forthcoming, and the officers of the bank were compelled to put the institution in the hands of an assignee. The depositors are largely composed of laboring people, and their accounts represent their hard earned savings laid by for a rainy day. W. C. Knox and wife made a deed transferring to the United States Savings bank, property of an aggregate value of $175,000. This included the Knox building and two lots, $120,000; the St. James hotel property, two lots, $28,000, some vacant city lots and several quarter sections of farming lands. This will all go into the assets. Everything was turned in except a house on Harrison street, owned by Mrs. Knox, on which there is some incumbrance, and a lot in Parkdale, owned by her before her marriage. All stock held by Mr. Knox in the William C. Knox Guarantee Eight Per Cent. Investment company has been turned into the general assets of the bank; also all of his stock in the Sunflower Windmill company, and in all the other local institutions in which he was interested.
Click image to open full size in new tab
W. C. Knox's Bank Closes. TOPEKA, KAN.-The United States Savings bank, of which W. C. Knox IS president, is in the hands of an assignee; the following notice posted on the door told the story: "The bank is in the hands of an assignee. A list of creditors will be filed during the day. The assets largely exceed the liabilities, and depositors will undoubtedly be paid in full. Aside from deposits, the amount due creditors is not large, and is held almost entirely out of the state. The bank is not in debt to any bank or financial institution in SAMUEL T. Howe, Topeka. Assignee. This failure is a direct result of the assignment of John D. Knox & Co. thirty days ago. Although the institutions have not been connected in any way, the public, and particularly the eastern creditors were unable to see It in that light, and almost immediately a quiet run was commenced upon the United States Savings bank. The eastern creditors holding time certificates, presented their accounts and they were paid as fast as presented, and some of the local depositors withdrew their funds. The officers of the bank had completed arrangements with an eastern banking house by which they were to get any amount of money they might need. The security was agreed upon and the bank did not look elsewhere for assistance. When the time came for the use of the cash, however, it was not forthcoming, and the officers of the bank were compelled to put the institution in the hands of an assignee. The depositors are largely composed of laboring people, and their accounts represent their hard earned savings laid by for a rainy day. W. C. Knox and wife made a deed transferring to the United States Savings bank, property of an aggregate value of $175,000. This included the Knox building and two lots, $120,000; the St. James hotel property, two lota, $28,000, some vacant city lots and several quarter sections of farming lands.
Click image to open full size in new tab
A BANK ON ITS FEET AGAIN. The Suspended Topeka Concern to Resume With a Fine Surplus. TOPEKA, KAN., June 21-The United States Savings Bank, one of the oldest institutions of the kind in the State, which failed during the stringency in the money markets, will re-open July 1. All depositors will be paid in full, and the bank will start over again with a handsome surplus.
Click image to open full size in new tab
Getting on Its Legs Again. TOPEKA, Kan, June 19.-The United States savings bank, which failed some time ago and which is now in the hands of Byron Roberts as receiver. has filed a motion in the district court for the discharge of the receiver, in order that business might be resumed. The motion will be heard Saturday morning. The bank claims to have received enough subscriptions to its stock since the failure to pay all of its indebtedness. It is now asserted that it can reopen with from $125,000 to $140,000 in cash in its vaults, nearly all the stockholders having subscribed for 40 per cent additional stock.
Click image to open full size in new tab
A Savings Bank's Second Failure. [By telegraph to the Dispatch.) KANSAS CITY, Mo. September 18.-A special to the Star from Topeka, Kan., says: The United States Savings Bank, of this city, which failed last March and was reopened July 2d, was again placed in the hands of a receiver this morning. William Sims, ex-State Treasurer, was appointed receiver. The petition for the appointment of a receiver states that the bank is in no condition to stand the rigid examination under the new banking law of the State and that certain failure would follow should the bank continue to do business. Nothing definite concerning the liabilities and assests can be learned.
Click image to open full size in new tab
Couldn't Stand the Pressure. TOPEKA, Kan., Sept. 18.-The United States Savings bank, of this city, which failed last March and was reopened July 2, was again placed in the hands of a receiver this morning. William Sims, ex-state treasurer, was appointed receiver. The petition for the appointment of a receiver states that the bank was in no condition to stand the rigid examination under the new banking law of the state, and that certain failure would follow should the bank continue to do business. Nothing definite concerning the liabilities and assets can be learned.
Click image to open full size in new tab
A Bank Again Embarrassed. TOPEKA, Kan., Sept. 18.-The United States Savings bank, which failed last March, was again placed in the hands of a receiver this morning. William Sims, ex-state treasurer, was appointed receiver. Nothing definite concerning the liabilities and assets can be learned.
Click image to open full size in new tab
Bank Receiver Appointed. TOPEKA, Kan., Sept. 19.-Ex-State Treasurer William Simms has been appointed receiver for the United Savings bank on the application of stockholders, who declared the bank could not stand the examination under the new Kansas banking law. The bank has just resumed, after suspending last February. The principal losers will be eastern investors. No statement of debits OF assets cap be obtained.
Click image to open full size in new tab
A Bank Fails Twice In Six Months. TOPEKA. Kan.. Sept. 18.-The United States Savings Bank of this city, which failed last March. and was reopened on July 2. was again placed in the hands of a receiver this morning. William Sims. ex-State Treasurer. was appointed receiver. The petition for the appointment of a receiver states that the bank was in no condition to stand the rigid examination under the new banking law of the State. and that certain failure would follow should the bank continue to do business. Nothing definite concerning the liabilities and assets can be learned.
Click image to open full size in new tab
Again in Trouble. TOPEKA, KAN., Sept. 18.-The United States savings bank of this city, which failed last March and was reopened July 2, was again placed in the hands of a receiver this morning. William Sims, state treasurer, was appointed receiver. The petition for the appointment of a receiver states that the bank is in no condition to stand a rigid examination under the new banking laws of the state and that certain failure would follow should the bank continue to do business. Nothing definite concerning the liabilities and assets can be learned.
Click image to open full size in new tab
A Topeka Bank Failure. TOPEKA, Kan., Sept. 18.-The United States Savings bank, which failed last March, was again placed in the hands of a receiver this morning. William Sims, ex-state treasurer, has been appointed as receiver. Nothing definite concerning the liabilities and assets can be learned.
Click image to open full size in new tab
In No Condition to Do Business. TOPEKA, Kan., Sept. 19.-The United States savings bank of this city, which failed March 18th last ad suspended July 2d, was again placed in the hands of a receiver this morning. William Sims, ex-state treasurer, was appointed receiver by Judge Guthrie, upon the complaint of H. C. Safford, one of the stockholders. The petition simply sets forth that the bank is in no condition to stand the rigid examinations of the new banking law and that certain failure would follow if the bank should try to continue to do business,
Click image to open full size in new tab
Money For Failed Bank Depositors. TOPEKA, March %4.-Major William Sims, receiver of the United States Savings bank, which failed in September, 1891, announced that he was ready to make a 15 per cent payment to the 430 depositors. The receipts amount to $46,891. 70, the disbursements to $37,101.09 and the cash on hand to $9,790.61.
Click image to open full size in new tab
Not Subject to Taxation. TOPEKA. Kan, Dec. 21.-In the district court of this county Judge Hazen has made a decision that the assets of the defunctUnited States savings bank, of Topeka, are not subject to taxation. The receiver of the bank brought suit for an injunction to restrain the collection of the tax assessed this year, which Judge Hazen allowed on the ground that while the st ck of the bank is subject to taxation, it would be unjust to assess both the stock and the assets.