Article Text
DECLARES MORATORIUM The State Finance Department today was notified that the Peoples Bank of Butler had declared a morHigh atorium under the McCawley Act. The bank suspended business under a moratorium two months ago,
10099. Peoples Bank (Butler, MO)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 28, 1933
- Location
- Butler, Missouri (38.259, -94.331)
Metadata
- Model
- gpt-5-mini
- Short Digest
149e37de
Response Measures
None
Description
Article (published 1933-02-28) reports Peoples Bank of Butler declared a moratorium under the McCawley Act and had suspended business two months earlier. The item gives no mention of reopening; classified as suspension leading to closure under moratorium (government action). If more articles show reopening or receivership this classification should be updated.
Events (1)
1.
February 28, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Declared a moratorium under the McCawley Act (state-imposed banking moratorium); had suspended business under moratorium about two months earlier.
- Newspaper Excerpt
- The State Finance Department today was notified that the Peoples Bank of Butler had declared a moratorium under the McCawley Act. The bank suspended business under a moratorium two months ago
- Source
- newspapers
Newspaper Articles (1)
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