Cairo Alexander County Bank

Episode Information

Episode UID: 70017371599
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7001737 routing
Routing Number: 70-0173
Start Date: March 3, 1933
Location: Cairo, Illinois (37.005, -89.176)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: b42d917b35caffea

Response Measures

None

Description

Article identifies a receiver and states the bank closed March 3, 1933; additional articles could clarify cause and precise receivership date.

Events (2)

1. March 3, 1933 Receivership

Newspaper Excerpt: William L. O'Connell, receiver of the Cairo-Alexander County Bank, Cairo, Ill., today filed a motion in the Illinois supreme court
Source: newspapers

2. March 3, 1933 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed its doors on March 3, 1933, indicating failure leading to suspension.
Newspaper Excerpt: bank which closed its doors on March 3, 1933
Source: newspapers

Newspaper Articles (1)

1. November 13, 1935 Belleville Daily Advocate Belleville, IL

Article Text

BANK RECEIVER APPEALS CASE TO HIGH TRIBUNAL Action Has To Do With Trust Fund Established By Cairo Bridge Company For Protection. SPRINGFIELD, ILL., Nov. 13—(AP)—William L. O'Connell, receiver of the Cairo-Alexander County Bank, Cairo, Ill., today filed a motion in the Illinois supreme court for leave to appeal from the fourth district appellate court which decided against him in a suit involving a trust fund of the Cairo Bridge Co. Other parties to the suit are the Bank and State Auditor Edward J. Barrett. In Alexander circuit court O'Connell won an order not to pay to the bridge company $33,083.13 when he intervened in a suit brought by the firm against the bank in connection with a trust fund which the bridge concern claimed had been started as a protection for its deposit. The appellate court reversed and remanded the cause with directions. Barrett was involved as the bank which closed its doors on March 3, 1933, had a deposit with the auditor's office as protected for its trust funds. In another Cairo case, Richard Roach, Jerry Armstrong, J. H. Negley, Benny Frizzell and Jacob Smith filed a petition with the high court for a writ of error to the Alexander county circuit court. The lower tribunal decided against them in a suit for an injunction against the Calvary Baptist church of Cairo and three trustees of the institution. Property of the church is involved in the case which followed a dispute among the congregation.