1807. Kazemekas & Company (Waterbury, CT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 1, 1932
Location
Waterbury, Connecticut (41.558, -73.051)

Metadata

Model
gpt-5-mini
Short Digest
550544c1

Response Measures

None

Description

Articles (Feb-Mar 1932) state Kazemekas & Company was closed by order of the state banking commissioner several months earlier and that the Waterbury National Bank is acting as receiver with motions to confirm permanent receiver and to close/transfer banking quarters. No run or depositor crowding described; the bank appears to remain closed and in receivership.

Events (2)
1. February 1, 1932 Receivership
Newspaper Excerpt
motions to confirm the Waterbury National Bank as temporary receiver for the Kazemekas & company ... will be heard.
Source
newspapers
2. March 1, 1932* Suspension
Cause
Government Action
Cause Details
Closed by order of the state banking commissioner several months prior to March 31, 1932.
Newspaper Excerpt
the Waterbury National Bank, receiver for both banks which were close by order of the state banking commissioner several months ago.
Source
newspapers

Newspaper Articles (4)
1. February 1, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, February 1, 1932

Click image to open full size in new tab

Article Text

HEARING IN SUPERIOR COURT Question of Permanent Receiver for Merchants Trust Co Comes Up AT SHORT CALENDAR Appointment of the Citizens & Manufacturers National Bank as permanent receiver for the Merchants Trust company will be taken up at a hearing to be held in superior court before Judge Frederick M. Peasley tomorrow morning at 10 o'clock. The Leavenworth street bank has been confirmed as temporary receiver, the hearing tomorrow to be a simple step toward making it the permanent receiver. At the short calendar session of superior court Friday morning motions to confirm the Waterbury National Bank as temporary receiver for the Kazemekas & company and the Banditz & Traurig Banks will be heard.

2. February 1, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, February 1, 1932

Click image to open full size in new tab

Article Text

HEARING IN SUPERIOR COURT Question of Permanent Receiver for Merchants Trust Co Comes Up AT SHORT CALENDAR Appointment of the Citizens & Manufacturers National Bank as permanent receiver for the Merchants Trust will taken up at hearing to held in superior court before Judge Fred. erick M. Peasley tomorrow morning at The Leavenworth street bank has confirmed as temporary recelver, the hearing tomorrow to be simple step toward making It the permanent receiver At the short calendar of superior court Friday morning motions to confirm the Waterbury National Bank AM temporary receiver for the Kazemekas & company the & Traurig Banks will be heard.

3. March 31, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, March 31, 1932

Click image to open full size in new tab

Article Text

Kazemekas And Sanditz-Traurig Hearing To-morrow Waterbury National Makes Move in Interest of Economy-Would Transfer All Business to Institution Named in Receivership came through, but that both banks Motions seeking permission to were kept open till now to accomclose the banking quarters of the modate customers of the bank in Sanditz and Traurig and the Kazepaying their notes and other oblimekas & Company banks will be gations. Mr Edmond also stated heard at the short calendar session that considerable expense will be of the superior court before Judge saved in rent, lighting and heating Newell Jennings tomorrow mornand other incidentals by moving ing at 10 o'clock. The requests are the headquarters to the Waterbury sought by the Waterbury National National Bank. Bank, receiver for both banks The receiver also has several which were close by order of the other motions on the calendar, instate banking commissioner sevcluding permission to employ eral months ago. counsel for the continuance of the A. L. Edmond, cashier at the collection of certain claims, order Waterbury National Bank, stated to release mortgages and instructhat both institutions were autotions in regard to insurance premmatically supposed to have been closed when the state bank order iums.

4. March 31, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, March 31, 1932

Click image to open full size in new tab

Article Text

Motions seeking permission to close the banking quarters of the Sanditz and Traurig and the Kazemekas & Company banks will be heard at the short calendar session of the superior court before Judge Newell Jennings tomorrow morning at 10 o'clock. The requests are sought by the Waterbury National Bank, receiver for both banks which were close by order of the state banking commissioner several months ago. A. L. Edmond, cashier at the Waterbury National Bank, stated that both institutions were automatically supposed to have been closed when the state bank order