Brooklyn Bank - Brooklyn, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 17, 1932
Location: Brooklyn, New York (40.660, -73.951)

Metadata

Model: gpt-5-mini
Short Digest: 12d746a0

Response Measures

None

Description

Articles (June 1932 and June 1933) report the Brooklyn Bank in receivership with a receiver bringing foreclosure actions and the receiver seeking instructions about payment of a 10% dividend to depositors. No article describes a depositor run; the bank is in receivership and appears to be closed/permanently in the hands of a receiver. OCR errors present in the originals; dates taken from newspaper publication dates.

Events (3)

1. June 17, 1932 Receivership

Newspaper Excerpt: Receiver for Brooklyn Bank Brings Actions at Short Calendar Session To-day ... Foreclosures totaling nearly $100,000 were granted the Water[bury] National Bank, receiver for Company, against Charles Kasemekas ... in the Brooklyn section the city.
Source: newspapers

2. June 17, 1932 Suspension

Cause Details: Article does not state explicit cause for suspension; only that a receiver had taken possession and brought foreclosure actions.
Newspaper Excerpt: Receiver for Brooklyn Bank Brings Actions ... Waterbury National Takes Possession Late In Month
Source: newspapers

3. June 7, 1933 Other

Newspaper Excerpt: Bank Is Seeking Information On Paying Dividend ... instructions as to payment 10 per cent dividend depositors the Brooklyn bank ... It will mark the first payment the Kasemekas bank have received.
Source: newspapers

Newspaper Articles (2)

1. June 17, 1932 The Waterbury Democrat Waterbury, CT

Article from The Waterbury Democrat, June 17, 1932

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Article Text

Waterbury National Takes Possession Late In Month Receiver for Brooklyn Bank Brings Actions at Short Calendar Session To-day-Colonial Trust Gets $189,000 Foreclosure on Palomba Property Foreclosures totaling nearly $100,000 were granted the WaterNational Bank, receiver for Company, against Charles Kasemekas at short court before Judge Edwin Dickinson today. The property involved located on Bank and in the Brooklyn section the city. mortgages were issued to Kazemekas by the company. Attorney Loren Carter appeared for the receiver Attorney Francis represented Mr Kazemekas The involved in the six foreclosures ranged from to June 27th, 10 days Judge Dickinson also granted the in the favor of the Col. onial Trust Company against The Charles Palomba Willow and West The court approved lease ment wherein the Hotel bury is operated separately from of the property. first Monday in February set as law day.

2. June 7, 1933 The Waterbury Democrat Waterbury, CT

Article from The Waterbury Democrat, June 7, 1933

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Article Text

39 CIVIL MOTIONS ON SHORT CALENDAR Bank Is Seeking Information On Paying Dividend Uncontested Divorce Suit Also Included-Beardsley & Wolcott Seeks Court Ruling on Payment of Taxes to City of Waterbury Several motions are the motions in civil included in cases that will come before Judge John Richards Booth at the short calendar of the superior court Friday One uncontested divorce, Mary Gerunaitis against William Gerunaitis will also be heard. Among the motions will be that of the National bank, for the Kazemekas bank, instructions as to payment 10 per cent dividend depositors the Brooklyn bank. it granted It will mark the first payment the the Kasemekas bank have received. In the Beardsley & Wolcott Co. receivership, the receiver asks vice as to the payment to the City of sum of part of the bill owed by the company The payment would divided into two $500 separate pieces of machinery receiver intends to sell. will represent the amount taxes on those twb pieces machinery. the case, the receiver asks advice as the payment of banking Allowance to the receiver and the attorney for the receiver will be presented in another motion in the same case. the setting aside $3,500 favor John O'Dea against Charles Amodeo will be heard during the session.