Northwestern Bank - Burlington Junction, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 1, 1926*
Location: Burlington Junction, Missouri (40.446, -95.066)

Metadata

Model: gpt-5-mini
Short Digest: f7031b35

Response Measures

None

Description

Article (June 22, 1926) reports the Northwestern Bank of Burlington Junction closed its doors four weeks ago and that longtime cashier Barber was sentenced for embezzlement/forgery in connection with the bank's failure. No run is described; the bank closed and appears to have failed permanently. Date of closing is not given explicitly (reported as 'four weeks ago' from June 22, 1926).

Events (1)

1. May 1, 1926* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Longtime cashier embezzled funds ($487) and forged records; connected with failure and closure of the bank.
Newspaper Excerpt: Barber, for twenty years the Northwestern Bank of Burlington Junction, was sentenced to ten years in the penitentiary for embezzlement and forgery in connection with the failure of the bank which closed its doors four weeks ago.
Source: newspapers

Newspaper Articles (1)

1. June 22, 1926 The Brookfield Argus and the Linn County Farmer Brookfield, MO

Article from The Brookfield Argus and the Linn County Farmer, June 22, 1926

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Article Text

CHICAGO SAFER PLANES. This Woman's Day at the Eucharistic Thousand Nuns Sang Response to Pontificial High Mass. (International Wire News.) Chicago, the mail pilots of the air mail service went strike this morning, following demand for faster and safer planes. They declare they will not fly again until better equipment has been provided. Chicago, June has been women's day at the Eucharistic gress. Six thousand nuns in sponse to pontificial high this morning, officiated by Cardinal O'Donnell, of Boston. Quebec, warning business to proceed carefully in of mergers and gigantie combinations sounded here today by William Donovan assistant United States attorney general, in address here, before the New York Bankers' sociation. Maryville, Barber, for twenty cashier years the Northwestern Bank of Burlington Junction, was sentenced to ten years the penitentiary for embezzlement and forgery connection with the failure of the bank which closed its doors four weeks ago. Barber confessed to embezzling $487 of bank funds, and note for