Bank of Braymer (Braymer, MO)

Episode Information

Episode UID
80049971597
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
8004997 routing
Routing Number
80-0499
Start Date
January 30, 1933
Location
Braymer, Missouri (39.587, -93.796)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4a1df538b822a04b

Response Measures

None

Events (3)

1. January 30, 1933 Receivership
Newspaper Excerpt
Two Missouri Banks Are Closed... and taken over by the state finance... The Bank Braymer had 650 deposits.
Source
newspapers
2. January 30, 1933 Suspension
Cause
Local Shock
Cause Details
Inability to realize on farm loans (agricultural loan losses)
Newspaper Excerpt
The Bank of Braymer voluntarily closed its doors Monday morning. Inability to realize on farm loans is reported to be the cause of the closing.
Source
newspapers
3. August 1, 1934 Other
Newspaper Excerpt
Compromise Between Bank Those Having Claims Will Speed Bank Liquidation... meeting of the County Court... Bank Braymer and bank receiver were present.
Source
newspapers

Newspaper Articles (4)

Article Text

Two Missouri Banks Are Closed By The Associated Press. JEFFERSON Mo. Jan Crawford County FarmBank Steelville and the Bank Braymer at Braymer. in Caldwell county, were closed today and taken over by the state finance The crawford County Farmers Bank $488,427 $585,536 $25,000 capital $75,000 surplus. deposits and bills payable M. Gibbs president and Arnett cashier The Bank Braymer had 650 deposits. loans $66,303 $20,000 capital stock and bills payable Toomay president and Farrar cashier


Article Text

NEWS BRIEFS Guy Beatty, Tom Chapman and Homer Woods drove to Kansas City this morning and expect to return with some new Chevrolet cars. The Bank of Braymer voluntarily closed its doors Monday morning. Inability to realize on farm loans is reported to be the cause of the closing. Jacob Graeff of Osborn, has returned home from the Methodist hospital in St. Joseph, where he had undergone an operation a week before for bladder trouble. He is getting along splendidly. Chas. Carson has received a check for $15.00 representing a prize awarded him in a salesmen's contest for light globes for the General Electric Company. When it is considered that the contest was nation-wide, Charles can be congratulated on being among the list of winners. The roof of the home of Calvin Teegarden, west of the Burlington coal chute and north of the C. T. Zimmerman residence, was discovered to be on fire Saturday evening. E. Johnson, employed at the coal chute, made the discovery, ran to the house and warned the occupants, and assisted in quenching the flames. The sale of the Kansas City Blue baseball team was completed last week with Lee Keyser of Des Moines, Tris Speaker, former big league star outfielder and manager, and Joe Brown of movie fame becoming the new owners. The team may do its spring training in Excelsior Springs, in place of going south as has been the custom. It is the custom in the matter of weddings to head them "SmithJones," if those be the names of the groom and bride. By persistent hunting, Editor Hinkel, who scans the exchanges coming to the Stillwater Gazette, found just the heading he had hoped to see some day. It was "GetzCook," and now he wonders how that editor explained that away. Mrs. Mary Ann Bridgewater, aged ninety-five years, died at her late home at Kingston near midnight Sunday night. Funeral services were held today and were conducted by Rev. W. E. Barksdale of that place. Deceased was a pioneer resident of that vicinity and enjoyed a wide acquaintance. She is survived by three sons. Lee Bridgewater, one son, is cashier of the Caldwell County Trust Company of Kingston. In conversation with one of our reliable truck men yesterday, he stated that the operation of a truck under the present laws regulating same was most unsatisfactory, in that some truckmen were required to pay over a hundred dollars per year for a permit, while others were operating without a permit. Also that it is by no means easy to secure adequate and reliable insurance. It is hoped that the new legislature will adjust the truck laws so that a reliable and trustworthy man can operate. knowing that he will be protected from "snitchers" and can secure satisfactory insurance. Last night's Kansas City papers told of a Packard car which stopped at Chillicothe with four passengers, one of whom seemed to be injured and who were suspicioned to be the North Kansas City bank bandits. Several cars from Chillicothe pursued the car to Kansas City. This was no doubt the car which passed Stanley Stump and Woodrow Bryant, south of Kingston early yesterday morning, and was thought by the boys to be the bank bandits. The occupants of the Packard car, who were stopped on their arrival at Kansas City, proved to be officials of the Reid-Ward Motor Co. of that city.


Article Text

Bank Closing Reported. Jefferson City, Mo.β€”(AP)β€”Closing of the Cook Station Bank in Crawford county, which had resources of $48,787 and deposits of approximately $90,000, was reported to the state finance department late yesterday, making three state banks that closed in Missouri during the day. The others were the Crawford Farmers Bank of Steelville, with resources of $585,537, and the Bank of Braymer.


Article Text

Compromise Between Bank Those Having Claims Will Speed Bank Liquidation At meeting of the County Court, which all political divisions having claims against the tax funds deposited in the funct Bank Braymer and bank receiver were present, Monday afternoon, Kingston, decided to the and settle them law. In the face certain long which would down the resources the bank no settlement could be made three four years this seemed the wisest heard in the March term the circuit court resulted decision in favor of the Those affected the compromthe city of Braymer, Datownship and the school district, well the collectors the townships The final act of the compromise expected take place before the end week, when suits in the circuit court the paid different funds ATTENDED FUNERAL IN Mr. Hoddle to Miami, Okla. Sunday, present the funeral his Rev. Hampwhich held Monday Rev Hampton died suddenly Saturday, death being caused by heart fliction. He pastor the Baptist church of Miami, prominent Baptist circles throughout the middle West. He had visited here several Mr. and Mrs. Hoddle arrived home Tuesday evening.