Bank of Republic (Republic, MO)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
March 1, 1933*
Location
Republic, Missouri (37.120, -93.480)
Bank Type
state

Metadata

Notes

Bank was placed under restrictions in March 1933 and later taken by the state for liquidation in Nov 1934.

Events (3)

1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Bank was placed under regulatory restrictions beginning March 1933
Newspaper Excerpt
under restrictions since March, 1933
Source
newspapers
2. November 20, 1934 Receivership
Newspaper Excerpt
the Bank of Republic, at Republic, in Greene County, under restrictions since March, 1933, today was taken over by the State Finance Department for liquidation
Source
newspapers
3. November 17, 1935 Other
Newspaper Excerpt
A claim for preference in four deposits that were in the Bank of Republic when it closed was won yesterday by the city of Republic.
Source
newspapers

Newspaper Articles (3)

Article Text

STATE TAKES CHARGE OF BANK AT REPUBLIC

By Associated Press. JEFFERSON CITY, MO., November The Bank of Republic, at Republic, in Greene County, under restrictions since March, 1933, today was taken over by the State Finance Department for liquiIt had deposits of was capitalized at $10,000, and had totaling $202,000.


Article Text

REPUBLIC DEPOSITORS WIN PREFERENCE CLAIM

A claim for preference in four deposits that were in the Bank of Republic when it closed was won yesterday by the city of Republic. They totaled $14,537.02 and a general claim of $242.85 was allowed. The litigation was before Judge Warren L. White in circuit court here. Most of the fund was that which the city had accumulated to retire warrants of the city water bonds.


Article Text

REPUBLIC DEPOSITORS WIN PREFERENCE CLAIM

A claim for preference in four deposits that were in the Bank of Republic when it closed was won yesterday by the city of Republic. They totaled $14,537.02 and a general claim of $242.85 was allowed. The litigation was before Judge Warren L. White in circuit court here. Most of the fund was that which the city had accumulated to retire warrants of the city water bonds.