9444. Bank of the State of Missouri (St Louis, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
*
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini
Short Digest
4277f94386737db4

Response Measures

None

Description

Articles report that under James H. Britton the Bank of the State of Missouri went into the hands of a receiver and its affairs being wound up, indicating a suspension followed by closure/receivership due to business reverses/insolvency. No mention of a depositor run or reopening; no precise date for the receivership is given in these excerpts.

Events (2)
1. * Other
Newspaper Excerpt
his bank going into the hands of a receiver and its affairs being wound up.
Source
newspapers
2. * Receivership
Newspaper Excerpt
his bank going into the hands of a receiver and its affairs being wound up.
Source
newspapers

Newspaper Articles (2)
1. March 14, 1894 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, March 14, 1894

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Article Text

# BRITION ARRESTED. An Ex-Mayor of St. Louis and a Bank President in Trouble. ST. LOUIS, March 13.—James H. Britton, formerly mayor of this city and one time president of the State Bank of Missouri, but now a citizen of New York, was arrested here today by a United States marshal, charged with being accessory to an embezzlement by his son, Alfred M. Britton, president of the Frst National Bank of Vernon, Tex. The arrest is based upon a transaction between father and son in which the former gave the latter his note for $2,412.40. This the son cashed through his bank, the First National of Vernon, Tex. The charge made by the United States authorities is that both knew the elder Britton to be insolvent when the note was given, and in consequence embezzlement proceedings were brought with the results stated. The arrest of James H. Britton was made under an indictment for the crime with which he is charged, found by the grand jury at Dallas, Tex. Another indictment of the same nature was returned at the same time and place against his son, Alfred M. Britton, president of the First National Bank of Vernon, Tex. The son was arrested some days ago, and is now out on bonds awaiting his trial. The note in question was given Jan. 30, 1893. Mr. Britton, while in St. Louis, was engaged in various business enterprises, and ultimately became president of the Bank of the State of Missouri. While president of this bank he ran for the mayoralty, his opponent being Henry Overstolz. Britton won, according to the face of the returns, and was inducted into office, but Overstolz instituted a contest and ousted Britton. By this time Britton met with business reverses, his bank going into the hands of a receiver and its affairs being wound up. Shortly afterward he left the city.

2. March 15, 1894 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, March 15, 1894

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Article Text

# MORE BANKING FRAUDS. The Father of A. M. Britton Arrested for Collusion With His Son. ST LOUIS, March 13.--Jas. H. Britton, formerly mayor of this city, and one time president of the State Bank of Missouri, now a citizen of New York, was arrested here today by the United States marshal, charged with being an accesory to an embezzlement by his son, Alfred M. Britton, president of the First National bank of Vernon, Texas. The arrest is based on a transaction between father and son. The former gave the latter his note for $2,412.40. This the son cashed through his bank, the First National of Vernon, Texas. The charge made by the United States authorities is that the son knew the elder Bitten to be insolvent when the note was given, and in consequence embezzlement proceedings were brought with the result stated. The arvest of James H. Britton was made under an indictment for the crime with which he is charged, found by the grand jury at Dallas. Another indictment of the same nature was returned at the same time and placed against his son, Alfred M. Britton, president of the First National tank of Vernon, Tex. The son was arrested some days ago and is now out on bond awaiting his trial. The note in question was given Jan. 30, 1893 Mr. Britton while in St. Louis was engaged in various business enterprises and ultimalely became president of the Bank of the State of Missouri. While president of this bank he ran for the mayoralcy, his opponent being Henry Ouerstolz. Britton won, according to the face of the returns, and was inducted into office, but Overstolz tolz instituted a contest and ousted Britton. About this time Britton met with business reverses, his bank going into the hands of a receiver and its affairs being wound up. Shortly afterward he left the city.