Chippewa Bank - St Louis, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1923*
Location: St Louis, Missouri (38.627, -90.198)

Metadata

Model: gpt-5-mini
Short Digest: 5c14dfc7

Response Measures

None

Description

Article (1928) reports the Chippewa Bank 'failed December, 1923' due to large irregularities/embezzlement by the cashier Joseph Carr (~$700,000). No run is mentioned; the bank failed/was closed (receivership implied).

Events (1)

1. December 1, 1923* Receivership

Newspaper Excerpt: The Chippewa bank failed December, 1923, due irregularities by Carr, who cashier, which totaled $700,000.
Source: newspapers

Newspaper Articles (1)

1. January 1, 1928 St. Louis Post-Dispatch St. Louis, MO

Article from St. Louis Post-Dispatch, January 1, 1928

Click image to open full size in new tab

Article Text

PAROLES Recommendations for Humbert Costello and Joseph Care Only Ones Not By the Jefferson City ent the JEFFERSON CITY, Dec. Recommendations of the State Penal Board for parole of Humbert Costello, reputed "best bet" of the "Jelly Roll" Hogan gang of St. Louis, and Joseph Carr, convicted wrecker of the Chippewa Bank of St. Louis, still were pendwithout action by Gov. Baker ing at the close of the year, according the annual parole report of the board, made public today. The report shows the Governor issued of the 59 paroles recommended by the board during the year. The Costello and Carr cases were the only ones entered in the report as receiving "no action by the Governor." Both recommendations were made several months ago. Costello has served six years and three of 25-year sentence, on conviction of robbery of the jewelry store William Mauch 1436 South Broadway, on Dec. 18, 1920. Carr has served three years and three months of four sentences, ag. gregating eight years, for embezzlement and forgery. The Chippewa bank failed December, 1923, due irregularities by Carr, who cashier, which totaled $700,000. In addition to the 57 paroles sued during Baker issued four pardons. three of them to convicts who prison guard who had been attacked by another convict.