gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b4417d4baebbb79f
Response Measures
None
Description
Closed in 1933 under the state banking holiday and later placed in receivership (Aug 1934).
Events (5)
1.March 1, 1933*Suspension
Cause
Government Action
Cause Details
Closed as part of the 1933 state bank holiday/holiday-related suspension ordered during the banking crisis.
Newspaper Excerpt
closed since 1933 state bank holiday
Source
newspapers
2.April 11, 1934Other
Newspaper Excerpt
began its 40 percent pay-off to depositors. Those whose names ... (Bank of Kalamazoo, closed since 1933 state bank holiday today began its 40 percent pay-off to depositors.)
Source
newspapers
3.June 14, 1934Other
Newspaper Excerpt
Order authorizing Earle D. receiver of the Bank of take over from sets value was made afternoon Judge Weimer Albertson's petition.
Source
newspapers
4.August 10, 1934Receivership
Newspaper Excerpt
has resigned become receiver of the Bank of Kalamazon. Kalamazoo, at the request of the state banking department, it was announced today.
Source
newspapers
5.December 7, 1934Other
Newspaper Excerpt
C. H. receiver of the Bank of Kalamazoo ... Will Seek $367,000 ... suit will be instituted by myself as receiver
Source
newspapers
Newspaper Articles (8)
1.June 29, 1933The Kalamazoo GazetteKalamazoo, MI
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Article Text
CALL TO MEET JULY
Members of Recent Committee to Seek 51 per Cent Support. meeting of depositors of the Bank of Kalamazoo, for the of cent more to for per legally represent them, called from Wednesday the Arcadia range in of meeting issued Thursday Chas. LeRoy Coambs, and Johnson, executive committee of the former deposiwhich Saturday was The former solved, according to statement issued by last Saturday and printed in Gazette, because, per cent of depositors, was refused legal status hesday the first effort obtain the support of the sary legal of deposits in Bank of Kalamazoo obtain recognition the state banking
2.October 21, 1933Lansing State JournalLansing, MI
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Article Text
Install Giant Bell At Lutheran Church new bell weighing 2,000 pounds installed Emanuel First Evangelical church. North Capitol avenue at Kilborn street, Saturday morning. and will dedicated Sunday The giant was hoisted belfry from the the church opening cut through the ture.
KALAMAZOO BANK PAYS OFF ment 25,000 depositors the bank of Kalamazoo announced Saturday. The money represents percent deposits in bank which has been operating limited basis advanced Reconstruction Finance corporation.
OPERATION SAVES BATTLE CREEK. Oct. delicate removal bone fragments from her brain believed saved the life Mrs. Mary Buroker Powell, 24, who was wounded Jack Haan, rejected suitor. Haan later killed Physicians Powell probably would be partially paralyzed.
3.March 14, 1934The Kalamazoo GazetteKalamazoo, MI
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Article Text
APPROVES $100.000 BANK ASSETS ORDER
Court Authorizes Receiver ot Take Over Holdings of Bancshares, Inc.
Order authorizing Earle D. receiver of the Bank of take over from sets value was made afternoon Judge Weimer Albertson's petition. The order Albertson to sell the assets, and to apply the toward the stock liability court meeting which the directors Inc. transfer of the assets to Albertson, in the petition filed Tuesday afternoon, stated that advisory mission the E. Reichert banking an the statutory liabilities of holders of the Bank of Kalamazo he the registered holder of stock of par value, under the action the state banking indebted to bank on statutory liathe to the as Bank of to to bank He the petition that cation for loan depends on to certain assets part payment of its Judge Welmer, in his order rected Albertson shares, receipt credit on statutory liability than from the of the an additional receipt will be given.
CONSIDER NEW CODE copper wholly code prepared the national reto industry by United States Copper
4.April 11, 1934Battle Creek EnquirerBattle Creek, MI
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Article Text
NEWS NOTES
Decree Granted-A divorce decree granted to Ruth Hack from Matthew Hack in circuit court today.
Is in Chicago-Loren Kuehnle of 81 Latta. in Chicago on business. Mr. Kuehnle expects turn to Battle Creek about Friday.
Suit Is missing the suit of Witalia Antuck vs. Mary Antuck was filed in circuit court at Marshall today.
Seeks R. Lutz seeks from his Pearl Lutz. in bill of complaint filed in circuit court. Mr. Lutz charges cruelty
Attended and Mrs John Conroy 107 Burr the of Mrs. Anna Flynn Marshall this Mr. Conroy pallbearer Took Examinations Leon Snyder and H. Nelson spent the day Ann Arbor where they took the state board examination
Loses Straight Clelland of Hill reported to that he had lost hanger's edge Hill and Kingman avenue Tuesday Seeks allowance of least pending of suit filed day by Pendill Van Pendill, Battle undertaker Missing Girl Bryner reported day that town but changed address Want to license office the county today Ted and Florence of 27 Warren. Will Lecture Tonight-Dr Walter Martin an illustrated lecture on the Body Defends Itself Against Disease" o'clock tonight in mezzanine parlor the Legion Meets Tomorrow regular Legion and held the tomorrow night o'clock and Case Is transferring the cause from the progress to calendar filed in circuit court today suit of Anna Frederick Schmidt Rose C. Noneman, et al Checks Available City Clerk Thorne today that checks for workers election his office The have Thorne they will not be Returns to Earl Owen who been confined home illness for last six months, has turned the hospital Hines. Ill. Mrs. Owen was an overseas army nurse. Welfare Board Meets- board directors Battle Creek Welfare fund held their regular meeting in the Athelstan club Tuesday Monthly agency appropriations were approved and Was Here for D. Byer East Lansing companied by her sister. Miss Edna spent Monday in Battle Creek where she underwent an amination the office of her physician Returned Theodore of Prof. John left this for his home Chicago He iting brother for and featured Monday evening by Battle Creek Defendants appearance of defendants filed circuit court at Marshall today The Edward Almira Conklin. Clifton Horton Carrie and Clyde Marguerite Brandimore George Brandimore To Have Council bers of the council of eligious cation of the First Baptist church will meet this evening for busimeeting and program. Miss Ava Seedorff has charge of the program. Preceding the meeting per will be served
Sanitarium guests and patients from six states registered at the Sanitarium yesterday They came from Illinois, Indiana Michigan Ohio, Oklahoma and Among was John Hosack of Okla.
Set Date for May 18 has been set the of the annual Daughters Liberty May party will be held in school with music from 12 Miss Marion Galton advisor on the decorations
Students to Visit Factory-Word was Sanitarium today from Paul superof Fennville public schools, that he is planning to bring 31 students to Battle Creek Thursday to visit the Kellogg plant and, if possible. the Sanitarium. Hearing Notice that hearing be circuit court 14 days from April in the matter the appeal of Louis Stavfrom decision of the sioners claims denying his claim estate of late Georagainst Belcher filed in circuit giana court at Marshall today Knights to Meet-Lansing will entertain the conclave of Michigan Knights Templar June. At least 3,000 are expected to mobilize The grand will convene Lansing for several days the pageant mobilization being scheduled about the second day of the grand meet Pay-Off Is Started-The Bank of Kalamazoo, Kalamazoo, closed since 1933 state bank holiday today began its 40 percent pay-off to depositors. Those whose names
5.June 14, 1934The Kalamazoo GazetteKalamazoo, MI
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Article Text
BANK RECEIVER WILL SELL TWO MORTGAGES
Order was ternoon by Judge George mer E. Albertson as receiver of the Bank of Kalamazoo to sell two mortgages held by the bank to the American National bank. and accept Home Owners bonds in settlement of third mortgage. The mortgage which will be exchanged for bonds was given in 1925 by Florence and Isaac Goldfor $3,600. The amount now due is stated to The bonds will be given by the federal corporation in a sufficient suni to cover the full amount due. Of the be sold to the American National bank, was given by Edwards and Grace B. Wicks in August, 1932. on land in Bleyker's addition. to secure note for $2,000. The amount now due is $1,466. The in 1919 by John W. and Susan M. Adams on land in Prouty's addition. to secure note for $4.200. The amount due is $2,180.75.
At least eight people are look for in the north west section of the city An apartment at 821 Simpson St. which in the Want Ads for the past four days was rented of the nine interested who responded to the Why not use the Want Ads tell them about your vacant place?
6.August 10, 1934Battle Creek Moon-JournalBattle Creek, MI
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Article Text
BECOMES BANK RECEIVER.
Mt. Clemens, Aug 10.-(U. Charles H. Schutz. cashier of the reorganized Mt. Clemens Savings Bank, has resigned become ceiver of the Bank of Kalamazon. Kalamazoo, at the request of the state banking department, it was announced today.
7.August 11, 1934The Herald-PressSaint Joseph, MI
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Article Text
Mt. Clemens Bank Cashier Receiver for Kazoo Bank
MT. CLEMENS, Mich., Aug. H. Schutz, cashier the Mt. Clemens Savings bank since reorganization, has resigned become the Bank amazoo, the request of the state banking department.
8.December 7, 1934The Kalamazoo GazetteKalamazoo, MI
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Article Text
BANK RECEIVER TO ASK $367 FOR DEPOSITORS
C. H. Schutz Will Sue Bank of Kalamazoo Building Owners.
Charles H. receiver of the Bank of Kalamazoo, stated Friday that he found himself in the of an official sued to force an action that had already taken all to bring about. The relieve the from the the first and second mortgage bond issues of the Kalamazoo Building that had instituted Nov. pointed in order to be in sition to seek for depositors of the Bank of the time of the construction of the Bank of Kalamazoo BuildSchutb issue of $750,000 bonds was and second of 000 mortgage bonds was disposed of. Due to causes, the proceeds from the first and second mortgage bonds to complete the building.
WILL SEEK $367,000 Kalamazoo then advanced about to complete the equip it and it tenable and save the investment of the first and second The bank. under the terms of the trust denture. lien on the over the first second mortgage bonds, for the money thus advanced sum receiver of the Bank of am attempting to recover from building or the Kalamazoo Building Company in the interest of the positors of the bank. Suit will be instituted by myself as receiver for the ing to 000 and interest. Because of the bank be ing both trustee for the and claiming prior lien on resigning trustee of the bond in the claim for recovery the advanced by the bank. This action necessary before suit be started for this is action the general sought in the suit he in the EFFECTIVE DEC. 12 of this sum will recovery mean great deal for the depositors of the and every effort be made to claim. The and the Bank of and holders the bonds of the Building will be keenly interested in the of the bank's said that notice of his resignation trustee for the first was served Company Nov. and that the resignation be effective Dec. 12. that time trustee will be provisions of the The indenture provides, he pointed out, in order to resign, it for receiver of on the Company and to advertise resignation daily paper. published in amazoo and for three weeks, one issue appearing each week for three successive weeks.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
