KIRKLAND SAFETY SOCIETY BANK
HAXBY 245-G10, RUST-8
CHURCH OF THE LATTER DAY SAINTS
PROPOSED KIRTLAND SAFETY SOCIETY (KSS) AS A BANK IN 1836.
THE BANK WAS INTENDED TO SERVE THE FINANCIAL NEEDS OF THE MORMONS IN KIRTLAND, OHIO
IN NOVEMBER 1837 KSS FAILED AND IT'S BUSINESS CLOSED.
FOUNDER OF THE LATTER DAY SAINT, MORMON CHURCH
WAS SUED FOR RUNNING AN ILLEGAL BANK.
In 1837 the Kirtland Safety Society Anit-Banking Company (KSSABC) was formed as a join stock company
ASSIGNED AS THE PRESIDENT AND CHAIRMAN OF THE KSS WAS
served as signatory, secretary and teller
assigned himself as cashier
In 1837, Once again Joseph Smith and Sidney Rigdon were sued for illegal banking and issuing unauthorized bank paper.
Both Smith and Rigdon fled Kirtland, Ohio to avoid being incarcerated.
A leader in the Latter Day Saint Movement and President of the Church of Jesus Christ of Latter-day also left Kirtland in 1838 to avoid mormons who were angry with Young for supporting Smith's innocence.
While the notes never regained their face value, by the late 19th century they had become collector's items.