gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
68e306fa2569a7ec
Response Measures
None
Description
No contemporaneous accounts of a depositor run; failure tied to alleged mismanagement and misuse of state funds.
Events (2)
1.June 14, 1930Receivership
Newspaper Excerpt
Cahill, who was placed in charge of the liquidation of the defunct Bank of Aurora, the state depository in Brunk's home town ... told of the records he found when he took charge, the notes owed by Brunk, and the alleged discrepancies in interest accounts.
Source
newspapers
2.June 14, 1930Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed after discovery of irregularities, false entries, improper handling of state deposits and insolvency revealed by examiner and inventory.
Newspaper Excerpt
the bank closed June 14 last
Source
newspapers
Newspaper Articles (21)
1.July 9, 1930The Springfield PressSpringfield, MO
Click image to open full size in new tab
Article Text
Expect Decision on Bank Saturday
SPECIAL TO THE AURORA, Mo., July positors' committee of the closed Bank of Aurora will report difinitely Saturday on whether the bank can be re-opened, deputy state finance commissioner, said here Wednesday morning. Should the bank fall to reorganthe inventory will be made public and additional information concerning shortages and rumors other will be available. The Bank of which had its funds the Bank Aurora, may be re-opened. positors' committee plans for the institution will report Saturday afternoon. The bank was forced to close simultaneously with the Aurora bank.
2.July 12, 1930Springfield Leader and PressSpringfield, MO
Click image to open full size in new tab
Article Text
Three Aurora Bankers Placed Under Arrest
President, Cashier and Bookkeeper of Closed Institution Are Charged With Making False Entries; All Immediately Arrange Bond
Three officials of the closed Bank of Aurora were arrested at Aurora shortly after o'clock today on charges of making false entries in the bank's records. They were released shortly afterwards on bonds. Those arrested are Adams, former president of the institution: Easley, former cashier, and Schumate, bookkeeper. The bonds of Adams and Easley was fixed at $5000 each, while that of Schumate was set at $2500. After Inventory Filed The charges were filed by Prosecuting Attorney Charles R. Landrum as soon as he learned that depositors' committee had abandoned plans for the reorganization the institution. Each of the accused officials waived preliminary hearing and they were bound over to the Lawrence county circuit court. They probably will be tried at the September term of court at Mount non, the prosecutor said. The information charges the bankers diminished the state's deposits by $48,000 and the county's Other Dangers charges may be filed later. He said he obtained access of the institution's papers today and that he would make thorough investigation. The bankers were represented today by Sam Wear, Springfield attorney, in making bonds.
Brunk's Obligations Shown by Inventory BY LEADER STAFF WRITER MOUNT VERNON, July When the Bank of Aurora failed recently, State Treasurer Larry Brunk of Aurora personally owed the bank of which approxiimately $12,500 was unsecured. These facts were definitely closed this afternoon when John Cahill, regional supervisor bank liquidation, filed state ventory of the closed bank in the county recorder's office here. The inventory disclosed that sonal unsecured notes totaling 500 and signed by Brunk were found by the bank examiner the desk Cashier Easley. These notes assets
3.July 12, 1930Springfield Leader and PressSpringfield, MO
Click image to open full size in new tab
Article Text
claim personal from officers they are being collected liquidating officer. supplementary inventory prepared by the bank examiner additional note was discovered which brought the total apparent indebtedness of the state treasurer more than $23,500. This was note for $3500 signed in 1925, found by the examiners the bank's note case, but contained in an envelope of the Aurora Investment company, and was not listed direct asset of the bank. The receiver probably will try to collect on it, however. Makes $10,000 Payment Since the bank closed Brunk has paid off slightly more than $10,000 of his obligations to the Aurora bank, specifying that the amount be paid on the unsecured portion of his debt and promising to pay off the rest of the unsecured paper within 60 days. The inventory showed that many of the loans which have no security except Brunk's name were made to him while he was campaigning for state treasurer in 1928. Among loans made to him during 1928, the year of his campaign, are one for $2500, another for $500, one for $200, another $300, and still another for and another for $395. The inventory said most the notes covered checks written by Brunk against the Aurora bank. The Bank Aurora had $273,000 of state funds on deposit when closed, according to the inventory, although Brunk earlier this week clared the amount is only $166,000 of state money on deposit there. Some Years Old Two of the secured notes held by the bank against Brunk date back to 1923. They are for $2877 and $2000. Two other secured notes cover amounts for $2000 and $700. and are dated 1926. Brunk earlier this week declared that his indebtedness to the Aurora bank was consisderably less than $20,000, the amount revealed by The Leader several days ago. Examination of the inventory indicated that. the state deposist probably amply protected by bonds and other security.
4.July 16, 1930St. Joseph News-PressSt. Joseph, MO
Click image to open full size in new tab
Article Text
BRUNK SAYS STATE WILL LOSE NOTHING THROUGH HIS DEBTS
State Treasurer Explains in Detail His Dealings With Two Failed Banks.
CHARGES CAULFIELD OVERLOOKED THE LAW
Governor's Duty to Approve Collateral Discovered in January, Brunk Says.
SHARTEL ANSWERS BRUNK Brunk accepted $100,000 worth Pierre Chouteau bonds failed Farmers State Bank Marshfield strength opinions from the attorney gen eral. brought sharp reply Attorney General Shartel today. which existence for the opinions ques Mr Brunk's attempt the pass to me his of estate secured the Pierre apartments St Louis bonds 1929 The part that for several months that
ST LOUIS State Treasurer Larry Brunk state ment explained detail his the closed Bank Aurora and the Farmers State Marshfield He clared would personal loans from officers Bank through acceptance Pierre Chouteau bonds part deposits the Marshfield Brunk Henry statement that did know about Pierre unfair and statement the gov had put something him that this collat for the deposit In Marsh to said Brunk time officials charge the forests ported the Unaka forest pre serves Virginia West ginia from just brought under control there
Alaska Forest Burns.
Other received showed that since the fornia 300 forest ally by man During the under control the Klamath forest after 300 had been burned Other fires reported from the Medicine Bow national forest Wyoming which required from the Tangass forest Alaska
STATE TREASURER OUSTED Jefferson City, Mo., Oct. 14 (IP)- State Treasurer Larry Brunk today was suspended from office by Governor Henry S. Caulfield after several months' investigation of Brunk's official acts. Brunk has been under fire for alleged acceptance of insufficient securities for state deposits. Governor Caulfield, who launched the investigation of the treasurer's acts last summer after the closing of the bank of Aurora, said in a statement that the inquiry "convinces me the treasurer has failed to deposit the state's money as required by law."
6.October 14, 1930Butler Daily DemocratButler, MO
Click image to open full size in new tab
Article Text
BRUNK SUSPENDED
State Treasurer Suspended from Office by Order of Governor
Jefferson City Oct. 14.-Larry Brunk of Aurora, state treasurer, today was suspended indefinitely from his office by order of Gov. Henry S. Caulfield. The suspension followed an extensive investigation of Brunk's office transactions which had been under way for some time past. S. L. Cantley, state commissioner of finance, was named by Gov. Caulfield to take charge of the office of state treasurer. This arrangement in effect, it was announced, until the supreme court can rule on the vatidity of certain of Brunk's transactions, mainly those disclosed following the closing of the Bank of Aurora last summer. Mr. Brunk issued only a brief statement following Gov. Caulfield's action today. He stated that he felt sure of vindication and possibly would issue a further statement after consultation with his attorneys.
7.October 16, 1930The Milan StandardMilan, MO
Click image to open full size in new tab
Article Text
Charged With Using Interest Funds and Making False Reports.
Jefferson City, Mo., Oct. Treasurer Larry Brunk was suspended from office by Governor Henry Caulfield today pending conclusion of an investigation into charges that the state treasurer's office was not conducted according to law. Cantley, state finance commissioner, was named by Gov. Caulfield treasurer ad interim, to the attorney general's office has pursued to conclusion quo warranto proceedings in the supreme court to determine whether Brunk should be permanently removed from office. Attorney General Stratton Shartel said the quo warranto proceedings would not be instituted today, but that he expected his department would be ready within few days to follow Governor Caulfield's instructions to "take immediate steps" toward removing Brunk from office. Charges against the state treasurer had to do with alleged irregularities in the handling of reports from the Bank of Aurora, Mo., state depository. Specific charges were made that Brunk "failed to deposit the state's money as required by law, drew out of state depository state funds in manner not provided by law, and that the monthly reports of the state treasurer
The Bank of Aurora, it is alleged, failed for the period from January 1929, to May 30, 1930, to remit to the state $4,903.01 of interest due the state, and retained and converted to its own use part of the interest, depositing the remainder of $2,950 in special count known as the "Brunk rent account." The charges allege that against this account were charged various amounts which were used "to pay debts owing to the Bank of Aurora by State Treasurer Brunk." Governor Caulfield's statement of suspension said he was "convinced the state treasurer's monthly reports did not state the true balance in the bank because they failed to include interest due the state and remaining in said bank."
The suspension came following filing of report by Assistant Attorney General Edward G. Robinson, who delegated by Governor Caulfield to make an investigation. The report disclosed that Brunk's debt to the Aurora bank was more than $23,000, most of contracted to obtain funds to carry on his campaign for the state treasurer's office. Bank officials, Robinson's report leged, drew checks on the "Brunk rent account" which to pay principal and interest on Brunk's notes and also to pay his taxes and personal debts. Excerpts from the governor's letter to Attorney General Shartel, instructing him to start proceedings against Brunk, follow: "Whatever explanation may be made, would appear from Mr. Robinson's report that the state treasurer has benefitted personally through the use of interest on state funds. Mr. Brunk denies all knowledge of the failure of the bank to pay the state interest due He denies all knowledge of the existence of this special account (The Brunk Rent Account) and its employment.
"He claims he reimbursed the bank in cash for all checks drawn by him on the bank and for all payments which the bank may have made for taxes or personal debts. During this entire period Mr. Brunk had no active personal account in the bank. "In ordering you to take action do not convict Mr. Brunk of misconduct in office, but find that the facts are such as require me to proceed under the law, and leave the matter to the decision of the courts."
Brunk would make no formal statement other than to express "every confidence that will be vindicated." The state treasurer had been criticized because of the presence of unsecured loans in the failed Bank of Aurora, and had stormy controversy Attorney General Shartel in which
8.October 20, 1930Springfield Leader and PressSpringfield, MO
Click image to open full size in new tab
Article Text
FROM PAGE ONE
Shartel Acts For Removal Of Treasurer investigate the dealings of Larry Brunk, suspended state treasurer, with the closed Bank of Aurora. will be determined after a St. Louis Auditing company which examined the bank's books makes its report, Prosecuting Attorney Charles R. Landrum has announced. The auditing firm's report is expected within a week or ten days, Landrum said.
When the report is available, the prosecutor said, he will examine carefully to "get all the facts" in connection with the "Brunk rent account" found in the bank and made public when Governor Caulfield suspended Brunk last Tuesday. Brunk, in a statement issued in Kansas City late Saturday, said, "I have been guilty of no wrong and there is neither warrant nor justification in the various charges brought against me. Brunk made his statement conferring with John G. Madden, Kansas City attorney, retained to defend Brunk against ouster proceedings instituted by Governor Caulfield "The gist of the charges made against me," he said, "as I understand them, can be expressed as forlows: that I deposited excessive amounts of state funds in the Bank of Aurora, permitted the bank to default in payment of the stipulated interest upon such deposits, and converted portion if such defaulted interest to my own use. "These charges are absolutely flase,"
9.November 7, 1930Springfield Leader and PressSpringfield, MO
Click image to open full size in new tab
Article Text
COMPLETE AUDIT OF AURORA BANK FOR CAULFIELD
New Information Gained in Interest Check, It's Admitted, but Nothing Else Is Forthcoming Concerning Methods of Institution
Admitting only the discovery of "new information" regarding the state's dealings with the Bank of Aurora. Governor Henry S. Caulfield today was silent regarding the results of a complete check of state interest accounts in the failed depository. L. J. Mulligan, the governor's personal investigator at Aurora, and accountants from the state public service commission, who assisted him, returned to Jefferson City yesterday after completing the check ordered by Governor Caulfield. He and the governor both would disclose nothing of their findings except that considerable additional information had been found. They also declined to say when an announcement of the audit would be made.
Shortages Indicated The investigation just completed covered the years from 1924 to 1928. when C. E. Stephens, now a restdent of Springfield. was state treasurer It undoubtedly disclosed that the Bank of Aurora defrauded the state out of several thousands of dollars by defaulting interest payments upon state deposits while Stephens was treasurer. It is believed that the audit also will reveal shortages in collections made for the state by Ed Adams, president of the bank who was appointed by Stephens to collect more than $1,000,000 in collateral which secured the state's Holland bank
Not Into Brunk Affairs The audit by Mulligan, made at Governor Caulfield's direction for his personal information and as basis for recovery claims against the bank receivership and possibly also against Stephens. did not concern imegularities in the bank's dealings with the state while Larry Brunk was state treasurer. Brunk now is under suspension by Governor Caulfield, accused of allowing the Aurora bank to default more than $4000 in interest payments due the state while the bank at the same time deposited funds in a mysterious "Brunk rent account" which he now disowns. Confer on Collection John S. Farrington, Springfield attorney. conferred at the state capital yesterday afternoon with Mulligan in an effort to determine what the state's total general claims against the Aurora bank will be. The low firm of Farrington and Curtis has been assigned to collect the state's claims where they do not conflict with the claims of general depositors represented by the state. The state claims will include the state's deposit at the time the bank failed. and the amounts allegedly defaulted by the bank in payments to the state while Stephens and Brunk were in the treasurer's office.
10.November 21, 1930Cassville DemocratCassville, MO
Click image to open full size in new tab
Article Text
CLAIM AGAINST AURORA
ACTION GROWS OUT OF FAILURE INSTITUTION TO DEPOSIT INTEREST.
Jefferson City, claim for against the closed Bank Aurora been prepared Cantley, acting State Treasurand Attorney General Stratton Shartel for filing in the Lawrence County Circuit Court. Arthur M. Curtis, chairman of the State Republican Committee and special Assistant Attorney will file necessary papers, Attorney General Shartel said. The claim grows out of failure the bank to pay proper interest state deposits from January to June this year, the date its closing. The irregularities under the Stephens and Larry Brunk the State Treasurer's office. Included in the balance state funds when closed which state chargwrongfully collected from collateral securities belonging state that the bank had state further alleges the bank propriated that sum to use others, and the state interest on daily claimed. The claim on interest arises from the failure of the Bank Aurora interest at the proper rate pay during the administrations Steand and for failphens interest on funds colure pay lected from liquidation of the curities of the closed Holland Bank Springfield during the Stephens administration. preferred claim asked the based on failure of the bank give credit for that amount the state and
11.January 22, 1931The Chillicothe Constitution-TribuneChillicothe, MO
Article Text
OF BRUNK
Former Clerk of Treasurer's Office signs After Refusal to Repeat
JEFFERSON CITY. Jan. sudden resignation of Paul McCall, formerly chief clerk in the fice of C. Eugene Stephens during his term ns state trensurer, and recently deputy in the state oil inspection department, caused a further tangle in the already muddled affairs of the trensurer's office. McCall resigned. it was learned. prevent any embarrassment to the administration." He was chief clerk during the period from 1925 to 1928, during which time special investgators for Governor Caulfield reported finding deficiencies In state interest money from depository banks. Results of the investigation of the Stephens administration were made carler this week by the governor at the request of State Treasurer Larry Brunk, who is himself facing charges of alleged dereliction in office. McCall's resignation is said to have resulted after he refused to appear for third time before the governor's vestigating staff. He already had appeared twice. testifying as to two transactions involving more than $1,500 which took place when Brunk, replaced Stephens in the treasurer's office. The amount. in two lots, was found to be cash in excess of the amounts shown on Stephens' books. The funds were turned over, McCall anid. to the new administration ns soon as Brunk came office.
Meanwhile, the house committee vestigating the activities of Brunk in connection with the defunct bank of Aurora, continued to probe in secret. Several witnesses appeared before the committee yesterday, including L. Mulligan, the governor's investigator who made the probe which resulted in Brunk's suspension by the governor last October: John S. Farrington, one of the attorneys for the state In recent case against Brunk in the supreme court; and Regional Bank Examiner Cahill, who examined the Aurora bank after failed two years ago.
Brunk will be permitted to appear before the investigating board to Lesin his own behalf. IL was not known. however, whether he would be permitted to take attorney to the hear-
12.February 18, 1931St. Joseph News-PressSt. Joseph, MO
Article Text
PLANNING TO HALT STATE TREASURER'S IMPEACHMENT TRIAL
Continued From Page One. week. approved, some little time required prepare and adopt impeachment and appoint board managers house to conduct the senate. today predictthat the survey gram might banner Representative County, raised technical point order against the Brunk presenton floor the house. Whitthe held ex parte witnesses side the that such procedure violative rules erning hearings. the committee, valiant effort report, and speedy trial for Brunk in the
Little Work Has Been Done. Even without the complicating the impeachment Brunk, appeared today for the legislature complete by the regular adjournment Virtually of the assembly still are in committee rooms. Among these the survey corporation redistricting highway bus and truck committee was to hold hearing today the bills, the tax measures out favorably
PROBABLE.
County Prosecutor Sends Feb. Criminal State Larry Brunk in the cuit court County Attorney he has requestthe which terday recommended Brunk, evidence showing the state treasurer had knowledge the count," which money belonging state diverted in the closed Bank of Aurora
BILLS BEFORE COMMITTEE CITY Feb. the state commission farms and today their strength the means which considering the hours Wednesday the heard opponents and graduated tax merits the discussion before than busimen Louis, Kansas City, and other urban centers protest passage they termed "radical
BRUNK CONSULTS COUNSEL JEFFERSON Larry proceedings have been brought the house Kansas City today his John whether attempt will be answer the house the charges contained the report of the investigating committee.
13.May 20, 1931Brownsville HeraldBrownsville, TX
Click image to open full size in new tab
Article Text
# IMPEACHMENT
# TRIAL OPENS
Missouri State Treasurer
On Trial For Alleged
Irregularities
JEFFERSON CITY, Mo., May 20.
(AP)βExamination of the first witnesses in the impeachment trial in the Missouri senate of Larry Brunk, suspended state treasurer, began today with Charles U. Becker, secretary of state, and J. E. Cahill, Springfield, a special deputy state finance commissioner, as the first to testify.
Becker testified merely as to Brunk's election as treasurer in 1928, his suspension October 14, last, by Governor Caulfield, his reinstatement December 31, last, when the supreme court held the suspension illegal, and his second suspension May 2, after the house voted the impeachment charges.
Cahill, who was placed in charge of the liquidation of the defunct bank of Aurora, the state depository in Brunk's home town in which irregularities in state deposit interest accounts are alleged to have been manipulated by Brunk and the bank officers, told of the records he found when he took charge, the notes owed by Brunk, and the alleged discrepancies in interest accounts. Ledger sheets; deposits slips, checks, etc. were offered as exhibits.
14.May 20, 1931Daily American RepublicPoplar Bluff, MO
Article Text
MADDEN BANK RECORD SHOWS SIGNS OF ERASURES for Larry Brunk Attorney Charges Alterations in Ledger Sheets of the Aurora Bank.
RECORDS EXHIBITED BY BANK RECEIVER
Number of Deposits Carried on Sheet Labeled "Contingent Fund," Says Young Lawyer.
By The Associated Press. Jefferson City, Mo., May amination of the first witnesses the impeachment trial in the Missouri Senate of Larry Brunk, suspended state treasurer, began today with Charles Becker, secretary state, and Cahill, Springfield, special deputy state finance commissioner, the first to testify. Becker testified merely as Brunk's election as treasurer 1928, his suspension Oct. 14 last, by Gov. Caulfield, his reinstatement Dec. 31 last, when supreme court held the suspension illegal, and second suspension May after the House voted impeachment charges. Told of Records. Cahill, who was placed in charge the liquidation of the defunct Bank of Aurora, the state depository Brunk's home town which irregularities in state deposit interest accounts are alleged to have been manipulated by Brunk and the bank officers, told the records he found when he took charge, the Brunk, and the alleged discrepancies in accounts. Ledger sheets, deposit slips, checks, etc., were offered exhibits. Cahill, who testified he was pointed by L. Cantley, state finance commissioner, who was named temporary treasurer by Governor Caulfield Oct. 14 last, when Brunk was first suspended, told of discovery by auditors of the bank of the Brunk rent account, into which state deposit interest money was alleged to have been placed to and of conference here about Oct. with Governor Caulfield. Brunk summoned and was "excited and Cahill said. Bank President There. At another conference the second day, Brunk and R. Adams, president of the Bank of Aurora, were present. Adams said, according to the testimony, that the Brunk rent account would "get us in trouble," when he learned of it, but said Easley assured him he need not worry, that was "fixed Cahill also testified that short time after he took charge of the bank, which closed June 14 last, Brunk came to Aurora and discussed his obligations to the bank and payment the notes. John Madden, Kansas City, Brunk's in his opening attorney, inferred Brunk statement yesterday, (Continued Page
15.May 21, 1931Brownsville HeraldBrownsville, TX
Click image to open full size in new tab
Article Text
# IMPEACHMENT
# TRIAL OPENS
JEFFERSON CITY, Mo., May 20. (AP)βExamination of the first wit-nesses in the impeachment trial in the Missouri senate of Larry Brunk, suspended state treasurer, began today with Charles J. Becker, secretary of state, and J. E. Cahill, Springfield, a special deputy state finance commissioner, as the first to testify.
Becker testified merely as to Brunk's election as treasurer in 1928, his suspension October 14, last, by Governor Caulfield, his re-instatement December 31, last, when the supreme court held the suspension illegal, and his second suspension May 2, after the house voted the impeachment charges.
Cahill, who was placed in charge of the liquidation of the defunct bank of Aurora, the state depository in Brunk's home town in which irregularities in state de-
16.May 21, 1931Poplar Bluff RepublicanPoplar Bluff, MO
Article Text
MADDEN SAYS BANK RECORD SHOWS SIGNS OF ERASURES for Larry Brunk Attorney Charges Alterations in Ledger Sheets of the Aurora Bank.
RECORDS EXHIBITED
BY BANK RECEIVER
Number of Deposits Carried on Sheet Labeled "Contingent Fund,' Says Young Lawyer.
Jefferson City, Mo., May amination of the first witnesses the trial in the Misimpeachment souri Senate of Larry Brunk, suspended state treasurer, began today with Charles U. Becker, secretary state, and Cahill, Springfield, special deputy state finance commissioner, the first to testify. Becker testified merely as to Brunk's election as treasurer in 1928, his suspension Oct. 14 last, by Gov. Caulfield, his reinstatement Dec. 31 last, when the supreme court held the suspension illegal, and his second suspension May 2, after the House voted impeachment charges. Told of Records. Cahill, who was placed in charge of the liquidation of the defunct Bank of Aurora, the state depository in Brunk's home town in which irregularities in state deposit interest accounts alleged to have been manipulated by Brunk and the bank officers, told of the records he found when he took charge, the by Brunk, and the alleged discrepancies in interest accounts. Ledger sheets, deposit slips, checks, etc., were offered as exhibits. Cahill, who testified he was appointed by L. Cantley, state finance commissioner, who was named temporary treasurer by Governor Caulfield Oct. 14 last, when Brunk was first suspended, told of discovery by auditors of the bank of the Brunk rent account, into which state deposit interest money was alleged to have been placed to and of conference here about Oct. with Governor Caulfield. Brunk summoned and was "excited and Cahill said. pale," Bank President There. At another conference the second day, Brunk and E. Adams, president of the Bank of Aurora, were present. Adams said, according to the testimony, that the Brunk rent account would us in trouble,' when he learned of it, but said Easley assured him he need not worry. that was "fixed Cahill also testified that short time after he took charge of the bank, which closed June 14 last, Brunk came to Aurora and discussed his obligations to the bank and payment of the notes. service has been A inaugurated betwen distance of 900 and Seattle, miles.
17.July 14, 1931The St. Louis Star and TimesSt. Louis, MO
Article Text
EASLEY PLEADS SEATTLE RECALLS GUILTY IN FAILURE MAYOR WHO FIRED OF AURORA BANK LIGHT PLANT HEAD
Cashier Who Failed to Appear at Brunk Trial May Get Two Years.
CASSVILLE, MO., July Easley, official the state the Bank of Aurora, guilty day to charges growing out of the bank failure Prosecutor Richard McPherson of Lawrence he has two-year sentence for Easley. Sentence deferred until the next term the Barry County Circuit Court, where the case was brought change of venue from Lawrence Easley's plea came as surprise after long battle have charges dismissed. also followed his plea of not guilty Monday. entered after Circuit Judge Emory Smith denied him further delay on the ground two defense witnesses could not appear in court now and on the ground his mother was ill.
Failed to Appear at Brunk Trial. Easley cashier the defunct Bank Aurora which carried the Brunk Rent Account. an important item the impeachment proceedings against State Treasurer Brunk. was scheduled to testify in the case but did appear R. Adams. vice president of the bank, testified that Easley had told him that (Easley) had taken money from the state interest count deposited it in the "Brunk Rent
Executive Removed From Office in Midst of His Second Term.
SEATTLE WASH. July Frank Edwards of Seattle has been recalled office by jority of 13,500 votes. The vote was 35,000 to the the second time that Seattle has removed mayor from office this mothod. Edwards the midst of his term when The recall came Frank Edwards. as the result action in discharging the mayor's muD. and light plant since nicipal power 1905. its Robert Harlan, labor leader and of city council. become president acting mayor. pending elecexecutive by tion permanent the eight other members of the council. Harlin declared will immediately Ross. The eyes the have been this inon Seattle volving public by encouragedenced Roosevelt ment from Gov. of New York and Gov. Pinchot of Ross, following his discharge from the city plant, retained by the State of New York the $220,000.000 St. engineer Lawrence River power project.
18.July 14, 1931Columbia Daily TribuneColumbia, MO
Article Text
AURORA BANKER PLEADS GUILTY
Easley Brings Trial for Receiving Deposits to an Abrupt End
July Easley, former cashier the defunct bank of Aurora, pleaded guilty in circuit court here today charge deposits while the bank insolvent. Easley's abruptly trial which opened after the jury had been selected. postponed until the term of widely attorneys for the state would Whether Easley used witness against Adams, former president the Aurora schedulfor trial next Easley Adams bitterly arraigned yesterday Arthur Curtis, Springfield. special counfor the state, outlined the prosecution's Curtis Easley and Adars appropriated $62,000 from state fund bank for their own that they transferred county deposit shortages other counts: that they appropriated on property ered by mortgage and turned instead of the that they took $20.000 bonds and other securities used security and transferred to other funds Curtis declared bank ficials took parts interest state's transferred the money to their own personal counts and later took out misused At time the vestication was being made and the bank considered. Curt's made signed confession of funds and existence various shortages The guilty plea former official the bank which figured the recent improminently trial State Treaspeachment Brunk Missouri Senate resulting charges failing the sufficient votes surprise The them. after trial Judge Emery Smith orderCircuit over Easley's councel tempts further continuance 80 had been Some case opened Katherine vesterday former employe Gardner stand identifying the bank the correspondence the failed pleaded for Easley's attorneys further the ground produce they be important mother is dangerousthat Easley's and Adams, Both Easley president the former Jefsubpoenaed beginning ferson Brunk were the House of Repremissed by the sentatives' decided use them when the managers nesses ater recall Easley decided not located could he had left the state. testified. claming deducAdams state accounts tions from Brunk's and the bank's credit had been arranged assumed Brunk Easley was with the alleged said he had the deal since Easley matter "fixed" when Adams discovered the deductions
19.July 15, 1931Carthage Evening PressCarthage, MO
Article Text
AURORA BANK CASE SET FOR TRIAL FRIDAY STOCK MARKET PRICES DROP Taken to Springfield on a Change of Venue AGAIN TODAY
MUCH INTEREST SHOWN
State Is Suing to Recover, Under Bond, Funds on Deposit When Bank Failed
(By The Associated Press) Springfield, Mo., July 15.-A suit by the state of Missouri to recover on the bond given by the defunct Bank of Aurora to secure state funds deposited in the bank, scheduled for trial in circuit court here Friday, today was attracting much attention. Among the defendants in the bank's bond case are M. T. Easley, cashier of the closed bank who pleaded guilty at Cassville yesterday to accepting deposits while the bank was in a failing condition and E. R. Adams, president, accused on similar charges and whose trial is set for November at Cassville. Other defendants include directors of the Bank of Aurora. The case was brought here on a change of venue.
(By The Associated Press) New York, July 15.-Wall Street was still dominated by the acute financial situation in central Europe today and nervousness increased in the stock market. Stocks broke sharply after drifting uncertainly yesterday and most of Monday, but more unsettled than stocks were the foreign exchange markets, where an abrupt decline in the pound sterling to the lowest level since 1925, was disturbing. The French franc was strong, in the face of weakness in most other currencies. After declines of one to more than six points in many prominent issues, the list stiffened a little in the afternoon and recoveries of about a point from the lowest were numerous. Rails were conspicuously weak. Issues selling off three to about six points included U. S. Steel, American Telephone and Allied Chemical. Cities Service, common, closed at
20.August 26, 1931Springfield Leader and PressSpringfield, MO
Article Text
CHARGES FILED ON SALESMAN
Roscoe Matthews Accused as Guardian of Aurora Boy; Bond Is Arranged
Charged with embezzling approximately $2900 entrusted to him as guardian for a 16-year-old boy of Aurora. Roscoe Matthews of 502 South Florence avenue salesman employed by a Springfield investment company, today was free under $1500 bond pending a preliminary hearing August 28. Matthews formerly was employed in the collections department of the now closed Bank of Aurora He left the bank than year before its failure, and often has credited in banking circles with ing furnished information to the state finance department which resulted in the bank's tangled affairs first coming to light. Matthews reported to have been arrested here by Constable Alfred Pendleton of Aurora upon the charge against him in Justice D. L. Patton's court at Aurora uncle of Ward E. Newbold, Aurora youth, charged that Matthews had converted his own use approximately $2900 the residue of life insurance left the boy about 10 years ago at the time of his mother's Prosecuting Attorney R. K. McPherson of Lawrence county said today that he had filed the charge against upon an affidavit signed by Ward. After he left the Aurora bank. Matthews opened a motor agency of his own at Monett, but this venture was not successful. It has been reported that the Aurora bank about this time. abruptly foreclosed a mortgage against property owned by him, and that he then provided the tip which put state bank examiners on the trail of irregularities and fraud in the depository.
21.March 21, 1932The Springfield PressSpringfield, MO
Article Text
ARE HELD IN AURORA
AURORA, Mo., March 21.-Simple funeral services, attended by relatives and intimate friends, were held here Sunday afternoon for M. T. Easley, 65, who died Friday aft. ernoon. Easley, former cashier of the defunct Bank of Aurora and former bank official at Fair Play, Mo., was to have appeared in Barry county circuit court Monday to be sentenced on plea of guilty to assenting to deposits in an insolvent instution. He also was awaiting trial in Lawrence county circuit court on charges in connection with the bank's failure. His nearest relative was his mother, Mrs. Jane Easley, 84, at whose home he died.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.