Monongahela National Bank (Brownsville, PA)

Episode Information

Episode UID
64801576
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
6480 national
Charter Number
648
Start Date
April 16, 1931
Location
Brownsville, Pennsylvania (40.020, -79.890)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
04b6af6aec2e3297

Response Measures

None

Receivership Details

Depositor recovery rate
46.0%
Date receivership started
1931-04-16
OCC cause of failure
Economic conditions
Share of assets assessed as good
29.4%
Share of assets assessed as doubtful
63.1%
Share of assets assessed as worthless
7.5%

Description

Government-record receivership date (1931-04-16) differs from an article's closed April 6, 1931.

Events (5)

1. December 24, 1864 Chartered
Source
historical_nic
2. April 16, 1931 Receivership
Source
historical_nic
3. April 16, 1931 Receivership
Newspaper Excerpt
Within the next fortnight the Monongabela National Bank of Brownsville closed April 6 1931 will pay second dividend of 10 per cent.
Source
newspapers
4. July 25, 1932 Other
Newspaper Excerpt
To Pay Second Dividend. ... the Monongabela National Bank of Brownsville closed April 6 1931 will pay second dividend of 10 per cent. It will total about $150,000.
Source
newspapers
5. December 31, 1934 Other
Newspaper Excerpt
Harry A. Cotton, counsel for the receivers of the Monongahela National Bank of Brownsville, got judgment against small railroad line and the tangible assets proved to be the engine and car.
Source
newspapers

Newspaper Articles (10)

Article Text

To Pay Second Dividend. Within the next fortnight the Monongabela National Bank of Brownsville closed April 6 1931 will pay second dividend of 10 per (ent. It will total about $150,000. affecting 7,000 accounts.


Article Text

WHAT TO DO UNIONTOWN, Dec. or what use can locomotive and flat car be to bank receiver? Harry Cotton, counsel for the receivers of the Monongahala ional bank of Brownsville, got judgment against small railroad line and the tangible assets proved to be the engine and car. "Guess about can do is insome of my friends for ride," Cotton's comment.


Article Text

WHAT TO DO Uniontown. Pa.-Of what use can a locomotive and flat car be to bank receiver? Harry A. Cotton counsel for the receivers of the Monongahela National Bank of Brownsville, got judgment against small railroad line and the tangible assets proved to be the engine and car. "Guess about all can do is invite some of my friends for a ride," was Cotton's comment.


Article Text

What To Do UNIONTOWN, Pa.-Of what use can locomotive and flat car be to bank receiver? Harry A. Cotton, counsel for the receivers of the Monongahela Na tional bank of Brownsville, got judgment against small railroad line and the tangible assets proved to be the engine and car. "Guess about all can do is invite some my friends for a ride," was Cotton's comment.


Article Text

Excess Baggage Bank Receiver Sucs, Gets Engine, Flatcar what use can locomotive and flatcar bank receiver? Harry the the Monongahela tional bank of Brownsville, got judgment against small road line and the tanglible assets proved to be the engine and about do invite some my friends for was Cotton's comment.


Article Text

WHAT TO DO UNIONTOWN, Pa. (AP) Of what use can locomotive and flat car be to bank receiver! for Cotton, counsel Harry A. the Monongahela receivers of National the Bank of Brownsville, rail- got small judgment against assets and the tangible line proved road to be the engine and car. "Guess about all can do is invite some of my friends for ride,' was Cotton's comment.


Article Text

WINS SUIT FROM But Engine and Flat Car Prove Only Tangible Assets. UNIONTOWN. Dec. what use can and flat car bank receiver? Harry Cotton, counsel for the receivers the Monomgahela National Bank of Brownsville, judgment against small railroad and the tangible assets proved be the engine "Guess about do vite friends for Cotton's comment.


Article Text

WHO'LL BUY COAL? UNIONTOWN, what use can locomotive and flat car be to bank receiver? Harry A. Cotton, counsel for the receivers of the Monongahela National Bank of Brownsville. got a judgment against a small railroad line and the tangible assets proved to be the engine and car. "Guess about all can do is invite some of my friends for a ride," was Cotton's comment.


Article Text

WHAT TO DO Uniontown, Pa.,-Of what use can a locomotive and flat car be to a bank receiver? Harry A. Cotton, counsel for the receivers of the Monogahela National bank of Brownsville, got a judgment against a small railroad line and the tangible assets proved to be the engine and a car. "Guess about all can do is invite some of my friends for a ride," was Cotton's comment.


Article Text

WHAT TO DO Uniontown, Pa.โ€”Of what use can a locomotive and flat car be to a bank receiver? Harry A Cotton, counsel for the receivers of the Monongahela National Bank of Brownsville, got a