Bank of Brookfield (Brookfield, MO)

Episode Information

Episode UID
6531243291141
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
653124329 hash
Start Date
January 7, 1895
Location
Brookfield, Missouri (39.784, -93.074)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
302b1156b0ea26f3

Response Measures

None

Description

Bank made a voluntary assignment to assignees; treated as closure with receiver/assignees.

Events (2)
1. January 7, 1895 Receivership
Newspaper Excerpt
assigned Saturday to J. A. Arbuthnot and J. L. Luing.
Source
newspapers
2. January 7, 1895 Suspension
Cause
Voluntary Liquidation
Cause Details
Deposits fell off and bank was doing business at a loss, prompting an assignment (voluntary)
Newspaper Excerpt
The bank of Brookfield, capital stock $10,000, assigned Saturday to J. A. Arbuthnot and J. L. Luing.
Source
newspapers

Newspaper Articles (4)
1. January 6, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 6, 1895

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Article Text

THEIR DEPOSITS WERE SHY. Bank at Brookfield, Missouri, Forced to Make an Assignment. Brookfield, Mo., Jan. 5.-The bank of Brookfield, capital stock $10,000, assigned this morning to Colonel J. A. Arbuthnot and W. L. Laing. Judge Ford, cashier of the bank, states that the assets are far above the liabilities and that every dollar will be paid. He states that deposits had fallen off until the bank was doing business at a loss, consequently they assigned.

2. January 8, 1895 The Guthrie Daily Leader Guthrie, OK
Article from The Guthrie Daily Leader, January 8, 1895

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Article Text

A Brookfield Bank Closed. BROOKFIELD, Mo., Jan. 7.-The bank of Brookfield, capital stock $10,000, assigned Saturday to J. A. Arbuthnot and J. L. Luing.

3. January 9, 1895 The Guthrie Daily Leader Guthrie, OK
Article from The Guthrie Daily Leader, January 9, 1895

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Article Text

n Brookneld Bank Closed. BROOKFIELD, Mo., Jan. 7.-The bank of Brookfield, capital stock $10,000, assigned Saturday to J. A. Arbuthnot and J. L. Luing.

4. January 12, 1895 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, January 12, 1895

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Article Text

A Brookfield Ban C Closed. BROOKFIELD, Mo., Jan. 7.-The bank of B:ookfield, capital stock $10,000, assigned Saturday to J. A. Arbuth"not and J. L Luing.