Bank of Burlington - Burlington, OK

Episode Information

Episode UID: 86069671593
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 8606967 routing
Routing Number: 86-0696
Start Date: September 20, 1932
Location: Burlington, Oklahoma (36.900, -98.423)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 7b90e4ac3cfe656c

Response Measures

None

Description

Closure followed disappearance of cashier who was later charged with embezzlement; reopening under a moratorium was announced.

Events (2)

1. September 20, 1932 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Temporary disappearance of cashier H. C. Doherty and subsequent embezzlement charge
Newspaper Excerpt: closed September 20, following the temporary disappearance of its cashier, H. C. Doherty
Source: newspapers

2. October 10, 1932 Reopening

Newspaper Excerpt: will reopen Monday under a moratorium agreement, State Bank Commissioner W. J. Barnett announced today.
Source: newspapers

Newspaper Articles (1)

1. October 7, 1932 The Iola Register Iola, KS

Article Text

RETURN MONEY VOTED Reasonable Expenses To Be Paid by Cook County To Effect Return of Insulls. Chicago, Oct. 7. (AP)—Cook county decided today to pay "all reasonable expenses" for the return of Samuel and Martin Insull to Chicago to face charges of embezzlement and larceny. Emmet Whealan, president of the county board, announced the decision after appearing before the grand jury that indicted the Insulls. State's Attorney John A. Swanson had asked the jury to investigate what he termed "the refusal of the county to pay expenses of the case." "The jurors apparently had the impression that the county board was trying to block the investigation, but I assured them of my utmost cooperation," Whelan said. Whealan said Swanson had asked for $50,000 expense money for the case, but that the county board would not consider granting that amount. He said he would recommend furnishing about $10,000 to be used in returning Samuel Insull from Europe and Martin from Canada. Earlier in the day, Swanson issued a statement saying that if Samuel Insull had left Paris he has committed "an overt act." "If it turns out he has left Paris," Swanson said, "I shall consider it an act putting himself in the position of a fugitive from justice." Whealan said in explanation of the delay in providing funds that "the state's attorney already has exceeded his appropriation by $41,000 and there is in the comptroller's office $3,500 which was appropriated for bringing back fugitives." Closed Bank to Open. Oklahoma City, Oct. 7. (AP)—The bank of Burlington, closed September 20, following the temporary disappearance of its cashier, H. C. Doherty, will reopen Monday under a "moratorium" agreement, State Bank Commissioner W. J. Barnett announced today. Doherty, now at Burlington and said by his physician to apparently be suffering from amnesia, has been charged with embezzlement.