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| + | #REDIRECT[[Creation of the Kirtland Safety Society#What is the timeline of the Kirtland Safety Society?]] |
| − | |title=Question: What is the timeline of the Kirtland Safety Society?
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| − | <onlyinclude>
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| − | ==Question: What is the timeline of the Kirtland Safety Society?==
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| − | ===Timeline of events===
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| − | ;27 March 1836: Kirtland Temple dedication
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| − | | |
| − | ;August 1836: Oliver Cowdery investigates the production of bank notes, so consideration of a bank underway by this date.
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| − | | |
| − | ;2 November 1836: The Kirtland Safety Society Bank’s constitution is drafted. Sidney Rigdon made president; Joseph Smith made cashier.
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| − | | |
| − | ;1 January 1837 : Oliver Cowdery arrives with printing plates for bank notes; Orson Hyde reports that the state legislature will not grant them a charter. Their inability to receive a charter leads them to form a joint-stock company, the Kirtland Safety Society Anti-Banking Company (KSS).
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| − | ;2 January 1837 : KSS opens for business.
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| − | | |
| − | ;6 January 1837 : Notes from the KSS begin circulating
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| − | | |
| − | ;23 January 1837: The KSS announces it can redeem notes with land, but was unable to redeem its notes in specie (gold)
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| − | | |
| − | ;1 February 1837: KSS notes circulating at only 12.5 cents per dollar face value
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| − | ;10 February 1837: A second attempt is made to get a bank charter; some non-Mormons are part of this application, including Joseph Smith’s lawyer and Samuel Medary, a future governor of two states.<ref>{{BYUS|author=Dale W. Adams|article=[https://byustudies.byu.edu/showTitle.aspx?title=5600 Chartering the Kirtland Bank]|vol= 23|num=4|date=Fall 1983|start=477|end=478}}</ref>
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| − | ; April 1837: Joseph Smith twice warns the Saints that the KSS will fail if the members do not accept the notes as payment for goods and services
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| − | | |
| − | ; May 1837: All banks in Ohio suspend specie payment as a banking panic spreads west from New York.
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| − | ;8 June 1837 : Joseph Smith resigns from KSS, as he is convinced the bank is not viable
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| − | ;June 1837 : LDS newspaper ''Messenger and Advocate'' reports that Kirtland land prices have increased 800% during the past year alone.<ref>{{MA1 | author=? | article=?|date=June 1837|vol=3|num=9|start=521}}</ref>
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| − | ;July 1837: Extant note for $100 with Warren Parrish's signature.
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| − | ;August 1837: Joseph Smith denounces the new leadership of the KSS, since Parrish, at least, was continuing to issue new scrip even though the bank was failing.
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| − | ;27 September 1837 : Joseph and Sidney Rigdon go to visit Missouri; in their absence, the Kirtland Church is rent by strife and apostasy
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| − | | |
| − | ;October 1837: Joseph and Sidney found guilty at trial of illegal banking and issuing unauthorized bank paper currency (a civil, not criminal offense). They are fined $1,000 each, and appeal.
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| − | ;November 1837 : Final failure of the KSS. Joseph is left with debts of $100,000; he has goods and land, but these are unable to be converted into ready cash
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| − | ;22 December 1837 : Brigham Young flees Kirtland for Missouri, convinced that his life is in danger from apostates because of his staunch defense of Joseph Smith
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| − | ;12 January 1838 : Joseph Smith, having returned to Kirtland, leaves with Sidney Rigdon to escape the risk of prison and mob action
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| − | </onlyinclude>
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| − | {{endnotes sources}}
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