Bank of Braymer - Braymer, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 1, 1934
Location: Braymer, Missouri (39.587, -93.796)

Metadata

Model: gpt-5-mini
Short Digest: 54f1b480

Response Measures

None

Description

Article (The Braymer Bee, 1934-08-01) describes the bank in liquidation with a bank receiver present and compromises to speed liquidation. No run or reopening is mentioned; the bank is in receivership and being liquidated, so classified as suspension leading to closure. OCR errors in article text corrected where obvious (e.g., wording about compromise and receiver).

Events (2)

1. August 1, 1934 Receivership

Newspaper Excerpt: At meeting of the County Court ... the bank receiver were present ... Compromise Between Bank Those Having Claims Will Speed Bank Liquidation
Source: newspapers

2. August 1, 1934 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank was insolvent/subject to claims on tax funds leading to liquidation and receiver appointment
Newspaper Excerpt: At meeting of the County Court ... all political divisions having claims against the tax funds deposited in the funct Bank Braymer and bank receiver were present ... decided to the and settle them ... speed bank liquidation
Source: newspapers

Newspaper Articles (1)

1. August 1, 1934 The Braymer Bee Braymer, MO

Article from The Braymer Bee, August 1, 1934

Click image to open full size in new tab

Article Text

Compromise Between Bank Those Having Claims Will Speed Bank Liquidation At meeting of the County Court, which all political divisions having claims against the tax funds deposited in the funct Bank Braymer and bank receiver were present, Monday afternoon, Kingston, decided to the and settle them law. In the face certain long which would down the resources the bank no settlement could be made three four years this seemed the wisest heard in the March term the circuit court resulted decision in favor of the Those affected the compromthe city of Braymer, Datownship and the school district, well the collectors the townships The final act of the compromise expected take place before the end week, when suits in the circuit court the paid different funds ATTENDED FUNERAL IN Mr. Hoddle to Miami, Okla. Sunday, present the funeral his Rev. Hampwhich held Monday Rev Hampton died suddenly Saturday, death being caused by heart fliction. He pastor the Baptist church of Miami, prominent Baptist circles throughout the middle West. He had visited here several Mr. and Mrs. Hoddle arrived home Tuesday evening.