Mutual Standard Bank - Louisville, KY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 10, 1933
Location: Louisville, Kentucky (38.254, -85.759)

Metadata

Model: gpt-5-mini
Short Digest: 844f3a55

Response Measures

None

Description

Article (Feb 10, 1933) describes the bank as a closed bank with a liquidating agent and successor liquidating agent; no run is mentioned in the text provided. Therefore this is classified as a suspension/closure (receivership/liquidation).

Events (1)

1. February 10, 1933 Receivership

Newspaper Excerpt: the Mutual Standard bank at Louisville. The banking commissioner claims the closed bank is liable only for pro rata part of the premium since Kirchdorfer did not serve the enLire year. Kirchdorfer was succeeded by Gates F. Young, of Owensboro, as liquidating agent last fall.
Source: newspapers

Newspaper Articles (1)

1. February 10, 1933 Messenger-Inquirer Owensboro, KY

Article from Messenger-Inquirer, February 10, 1933

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Article Text

year's premium on a bond written for Raymond Kirchdorfer, formerly liquidating agent of the Mutual Standard bank at Louisville. The banking commissioner claims the closed bank is liable only for pro rata part of the premium since Kirchdorfer did not serve the enLire year. Kirchdorfer was succeeded by Gates F. Young, of Owensboro, as liquidating agent last fall. The suit is expected to establish precedent for the payment of premiums on liquidators' bonds for other closed banks.