La Plata Savings Bank (La Plata, MO)

Episode Information

Episode UID
80039571480
Episode Type
Suspension → Reopening
Bank Type
savings
Bank ID
8003957 routing
Routing Number
80-0395
Start Date
April 30, 1923
Location
La Plata, Missouri (40.023, -92.492)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b1dbd5de567cd274

Response Measures

None

Description

Closed by state finance department because cashier became incapacitated; no follow-up on permanent closure in these articles.

Events (1)

1. April 30, 1923 Suspension
Cause
Government Action
Cause Details
Closed for examination by the State Finance Department at directors' request after cashier (H. J. Mairens) became incapacitated/insane.
Newspaper Excerpt
At the request of the directors of the LaPlata Savings Bank, the state finance department today took charge of the affairs of the bank, which was closed
Source
newspapers

Newspaper Articles (6)

Article from Fulton Daily Sun-Gazette, April 30, 1923

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Article Text

LAPLATA BANK CLOSED Jefferson City, April 30—At the request of the directors of the LaPlata Savings Bank, the state finance department today took charge of the affairs of the bank, which was closed, the directors saying that on account of the incapacitation of the cashier, due to the illness, they knew nothing about the condition of the bank.


Article from Moberly Monitor-Index and Moberly Evening Democrat, April 30, 1923

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Article Text

LA PLATA BANK CLOSED TODAY Cashier Insane, State Finance Department Orders Investigation—Nothing Known Wrong. (By Associated Press Leased Wire) JEFFERSON CITY, Mo., April 30.—The LaPlata Savings Bank, at LaPlata, Mo., has been closed for examination by the State Finance Department, Assistant Finance Commissioner A. J. Stanfield announced today. Closing of the bank was ordered by the directors due to H. J. Mairens, cashier, going insane, according to Stanfield. "The directors deemed an investigation wise although it is not known whether anything is wrong with the bank's affairs," Stanfield said. Roy Nieman and Sam Sharp, examiners of the finance department, are at LaPlata starting the examination. A financial report of the bank filed with the finance department April 3 showed the total resources of the bank at $506,836.78, total deposits at approximately $422,300, personal and collateral loans at $331,353, real estate loans at $100,940, the capital stock at $50,000 and the surplus at $10,000. Kansas City Bank Closed. JEFFERSON CITY, Mo., April 30.—The American State Bank at Kansas City, Mo., has been closed by examiners of the State Finance Department, according to a statement made here today by A. J. Stanfield, deputy state finance commissioner. "We have found conditions which justify the closing of the bank but have hopes of its reorganization," Stanfield said. The financial report of the American State Bank at Kansas City, filed with the State Finance Department here April 3, showed the total resources of the bank at $622,854, total deposits at approximately $505,000, capital stock at $100,000, surplus funds at $11,300, personal and collateral loans at $380,605, and real estate loans at $84,429.


Article from St. Joseph News-Press, April 30, 1923

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Article Text

LA PLATA BANK CLOSED. JEFFERSON CITY, April 30.—The La Plata Savings Bank at La Plata, Mo., has been closed for examination by the state finance department, Assistant Finance Commissioner A. J. Stanfield announced today.


Article from Columbia Daily Tribune, April 30, 1923

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Article Text

La Plata Savings Bank Is Closed By The Associated Press. JEFFERSON CITY, Mo., April 30.—The La Plata Savings Bank, at La Plata, Mo., has been closed for examination by the state finance department, Assistant Finance Commissioner A. J. Stanfield announced today. Closing of the bank was ordered by the directors due to H. J. Mairens, cashier, going insane, according to Stanfield. "The directors deemed an investigation wise, although it is not known whether anything is wrong with the bank's affairs," Stanfield said. Roy Neiman and Sam Sharp, examiners of the finance department, are at La Plata starting the examination. A financial report of the bank filed with the finance department April 3, showed the total resources of the bank at $508,836.78, total deposits at approximately $422,300 personal and collateral loans at $331,353, real estate loans at $100,940, the capital stock at $50,000 and the surplus at $10,000.


Article from Joplin Globe, May 1, 1923

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Article Text

BANK CLOSED WHEN CASHIER GOES INSANE Jefferson City, Mo., April 30.—The La Plata Savings bank at La Plata, Mo., has been closed for examination by the state finance department, Assistant Finance Commissioner A. J. Stanfield announced today. Closing of the bank was ordered by the directors due to H. J. Mairens, cashier going insane, according to Stanfield. "The directors deemed an investigation wise, although it is not known whether anything is wrong with the bank's affairs," Stanfield said. Roy Nieman and Sam Sharp, examiners of the finance department, are at La Plata starting the examination. A financial report of the bank filed with the finance department April 3, showed the total resources of the bank at $508,836.78, total deposits at approximately $422,300, personal and collateral loans at $331,353, real estate loans at $100,940, the capital stock at $50,000, and the surplus at $10,000.


Article from The El Dorado Springs Sun, May 3, 1923

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Article Text

STATE NEWS IN BRIEF Six St. Louis Prisoners Wounded. St. Louis, April 27.—Six prisoners were shot, none of them believed to be seriously wounded when a general jail delivery was attempted here early today. Eighteen men made a dash for freedom, but all were driven back by guards. One of the prisoners attempted to take the keys from a guard by means of an imitation pistol, but the guard opened fire with a shotgun. All the prisoners were shot in the legs. The attempt was made at two o'clock this morning and one of the prisoners had reached the jail roof when he was discovered. Dr. Jones Quits M. U. Columbia, Mo., April 26.—Dr. J. C. Jones retired yesterday as president of the University of Missouri, closing twenty-one years of service. Today Dr. Isidor Loeb, dean of the school of business and public administration, becomes acting president. In token of their appreciation of his services, the members of the faculty presented President Jones a gold watch, accompanied by a resolution signed by the deans of the university memorializing his long service. Charged With Taking $300 Adding Machine. Jefferson City, April 27.—Sam Barkley, prosecuting attorney, last night announced that an officer had been dispatched to a county in the southern part of the state to recover one of the typewriters, which disappeared from the committee rooms at the close of the recent session of the legislature. Barkley said he would apply for a warrant following the recovery of the typewriter, one of nine which disappeared from the capitol. "I expect to file several more complaints for the theft of state property from the capitol," he said. Senator Tillman W. Anderson of Commerce, Scott county, who yesterday afternoon gave $1,000 bond for his appearance to answer to the charge of stealing a $300 adding machine, have nothing to worry about." The adding machine which Anderson sent to his home was part of the equipment in an office of the state labor department, which was used by the senate committee, of which Anderson was chairman. A Prisoner Slain By Guard. Jefferson City, April 27.—Robert Winn, a St. Louis convict, serving a 5-year sentence for grand larceny, was shot and killed by Robert McCulloch of Cooper county, a prison guard, after the latter had been attacked and wounded by the convict. The prison officials say that Winn had given them trouble from the time he was received at the penitentiary. The records show that he had served a term in Sing Sing before he came to St. Louis. Adrian Bank to Pay in Full. Butler, Mo., April 30.—The affairs of the First National Bank of Adrian, which has been closed since April 1 and the cashier, R. G. Wilson, under bond in the federal court, is soon to be adjusted. The stockholders of the closed bank have decided to levy an assessment of 33 per cent on the capital stock and pay all the depositors in full. It has been decided to organize a new bank under a new name and under a new management. The capital stock of the new bank to be $25,000. La Plata Bank Closes Because Cashier is Ill. Jefferson City, April 30.—The La Plata Savings Bank of La Plata, Macon county, was closed today by State Finance Commissioner Millspaugh at the request of the board of directors of the institution. The board of directors asked that the institution be closed pending an investigation because H. J. Mairens, the cashier, is ill and unable to look after his duties. In the last report to the finance department the bank had deposits of $415,000. The capital is $50,000; surplus, $10,000, and undivided profits of $11,000. Caused Bank Run, Charge.