Bank of the State - St Louis, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: St Louis, Missouri (38.627, -90.198)

Metadata

Model: gpt-5-mini
Short Digest: 98971ad8

Response Measures

None

Description

Article states the bank went into the hands of a receiver and its affairs being wound up. No run or suspension event described separately; this indicates a receivership/closure. I expanded the bank name to the fuller form appearing in the text. No explicit date for the receivership was given.

Events (2)

1. * Other

Newspaper Excerpt: his bank going into the hands of a receiver and its affairs being wound up.
Source: newspapers

2. * Receivership

Newspaper Excerpt: his bank going into the hands of a receiver and its affairs being wound up.
Source: newspapers

Newspaper Articles (1)

1. March 14, 1894 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, March 14, 1894

Click image to open full size in new tab

Article Text

# BRITION ARRESTED. An Ex-Mayor of St. Louis and a Bank President in Trouble. ST. LOUIS, March 13.—James H. Britton, formerly mayor of this city and one time president of the State Bank of Missouri, but now a citizen of New York, was arrested here today by a United States marshal, charged with being accessory to an embezzlement by his son, Alfred M. Britton, president of the Frst National Bank of Vernon, Tex. The arrest is based upon a transaction between father and son in which the former gave the latter his note for $2,412.40. This the son cashed through his bank, the First National of Vernon, Tex. The charge made by the United States authorities is that both knew the elder Britton to be insolvent when the note was given, and in consequence embezzlement proceedings were brought with the results stated. The arrest of James H. Britton was made under an indictment for the crime with which he is charged, found by the grand jury at Dallas, Tex. Another indictment of the same nature was returned at the same time and place against his son, Alfred M. Britton, president of the First National Bank of Vernon, Tex. The son was arrested some days ago, and is now out on bonds awaiting his trial. The note in question was given Jan. 30, 1893. Mr. Britton, while in St. Louis, was engaged in various business enterprises, and ultimately became president of the Bank of the State of Missouri. While president of this bank he ran for the mayoralty, his opponent being Henry Overstolz. Britton won, according to the face of the returns, and was inducted into office, but Overstolz instituted a contest and ousted Britton. By this time Britton met with business reverses, his bank going into the hands of a receiver and its affairs being wound up. Shortly afterward he left the city.