Commonwealth Commercial State Bank

Episode Information

Episode UID: 9003171603
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 900317 routing
Routing Number: 9-0031
Start Date: July 12, 1933
Location: Detroit, Michigan (42.331, -83.046)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: ea24af28b1e32bbd

Response Measures

None

Description

Article describes the Michigan state bank holiday as a government action; reopening is implied but not explicitly described.

Events (1)

1. July 12, 1933 Suspension

Cause: Government Action
Cause Details: State bank holiday imposed by federal/state authorities that closed banks in Michigan (officials chose Michigan as starting point).
Newspaper Excerpt: his institution never agreed to the holiday and felt it had been 'practically deceived' by federal officers
Source: newspapers

Newspaper Articles (1)

1. July 12, 1933 Grand Haven Tribune Grand Haven, MI

Article Text

CHARGES STATE BANK HOLIDAY WAS RESULT "INCOMPETENCY" LOCAL Parshall, Bank Official in Detroit, on Stand BeDEPARTMENT STORE fore Jury HOLD BANKS DETROIT, July that the federal government chose Michigan the starting point for conceived bank plan" that resulted in the state bank holiday, witness before the one-man Detroit bank jury today charged the holiday was the result either of competency or somebody was trying to get hold of the Detroit banks." The witness, Howard Parshall, vice president of the Commonwealth Commercial State Bank, claring his institution never agreed to the holiday and felt it had been "practically deceived" by federal officers, said, think that (the government) knew we would not consent we saw the whole thing, they tried to go step by step, the first step being temporary holiday." Detroit, he said, was chosen by the because pened to be the first place in which banking trouble after the administration had desided banking plan. holiday sult of don't whether was Wall Street trying hold of the Detroit said. believe the government organized in advance. believe plan office who strings. Upon the the sole Raps Wall Street Parshall, electrifying the jury room with his charges, continued with the declaration "that think the government felt the banking situation all over the country bad and they didn't know how curb it so they started their plan in Detroit. know Wall Street urged that it be started said. Declaring that "never in nearly 30 years of practice in the have such spectacle, Judge Harry Keidan, heading the one man jury livered this morning from bench, vigorous rebuke to federal official for refusal to testion the matter involving governmental action in closing the banks. The witness, Fred Brown, former vice president of the First Nationbank and new assistant to bank's federal receiver, appeared with attorney who told the court Brown could not be questioned about details of his present work any knowledge acquired during employment since March He said the testimony should restricted to his previous connections with the bank. going to have any witness come here no matter how renowned his counsel and tell this court what he will testify and what he will not testify nounced Judge Keidan. not the habit of conducting court that That for Mr. way. goes Brown and Everybody." The witness was not permitted to testify. Emil Kleumpel fell recentthe Addison Baltz store and badly sprained her ankle. She was on the second floor and caught her heel in the carpet she was about descend the stairs. She was taken to physician's office and confined to her home with very bad ankle.