Bank of Fredericksburg - Fredericksburg, TX

Episode Information

Episode UID: 88037071589
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 8803707 routing
Routing Number: 88-0370
Start Date: May 1, 1932*
Location: Fredericksburg, Texas (30.275, -98.872)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: fd036c2863171933

Response Measures

None

Description

OCR errors in article; closure referenced but exact date and receiver not clearly stated.

Events (1)

1. May 1, 1932* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Allegations of large overdrafts and improper transactions by bank officers leading to closing.
Newspaper Excerpt: special grand jury called here May to the closing of the Bank of Fredericksburg
Source: newspapers

Newspaper Articles (1)

1. September 21, 1932 The Austin American Austin, TX

Article from The Austin American, September 21, 1932

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Article Text

KOENNECKE ROSE FROM FARM BOY TO BANKER Death Tuesday ended the of Albert Koendent of the Bank of FredericksKoennecke who rose from farmer boy bank president, was at first clerk and at later stages assistant cashier, cashier, vicepresident and finally president of the institution 1887 by the D. Smith He work He had made his home for the He survived by his and two daughters, JohnMiss Cora Koennecke, both of special grand jury called here May to the closing of the Bank of Fredericksburg and the returned four against him, all he while his bank solvent. Additional bills aleging the same offense same other officials and employees of both banks. Koennecke was to be tried on these charges at special term court change venue in Blanco county December or In statement furnished by the bank's are that Koennecke and Gold, who preceded the former as ident, among the Bank of largest Koennecke alone over $8000 overdraft Gold Koennecke's partnership overdraft over $43,000 and another real estate partnership in was half owner had almost $6000