First National Bank (Avon Park, FL)

Episode Information

Episode UID
1082601550
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
108260 national
Charter Number
10826
Start Date
February 18, 1929
Location
Avon Park, Florida (27.599, -81.511)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
360daddf5fdd83c3

Response Measures

None

Receivership Details

Depositor recovery rate
30.2%
Date receivership started
1929-02-18
Date receivership terminated
1937-03-20
OCC cause of failure
Economic conditions
Share of assets assessed as good
30.9%
Share of assets assessed as doubtful
46.8%
Share of assets assessed as worthless
22.3%

Description

Receiver actions and dividends reported after 1929 receivership; no article describes a depositor run or reopening.

Events (3)

1. February 18, 1916 Chartered
Source
historical_nic
2. February 18, 1929 Receivership
Source
historical_nic
3. February 18, 1929 Receivership
Newspaper Excerpt
receivers of the Carlton National bank Wauchula, First National bank Avon Park and First National bank of Punta Gorda.
Source
newspapers

Newspaper Articles (9)

Article from The Bradenton Herald, March 3, 1929

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Article Text

Is Representing Bank Receivers W. B Crichlow, a member of the local bar. has been retained as general counsel by the receivers of the Carlton National bank Wauchula, First National bank Avon Park and First National bank of Punta Gorda. The pointment came through F. G. Awalt. deputy comptroller. ar Crichlow is also representing the receiver for the American National bank of Sarasota, Canada spends an estimated $6,000,000 every year for Amer ican publications and only $33,000 a year for British periodicals.


Article from The Bradenton Herald, May 7, 1929

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Article Text

Crichlow Is Attorney For Bank Receivers W B Shelby Crichlow has just been appointed general counsel and attorney for the receiver of the First National bank of Sebring. This is being under the supervision of the the treasury department of the United States This the fifth receivership of national banks which is being represented by Mr. Crich low general counsel and attor ney The other receivership which he represents American Na tional bank of arasota, First National bank of Punta Gorda. Carlton National bank of Wauchula, and First National bank of Avon


Article from The Tampa Tribune, October 19, 1930

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Article Text

Law Named Receiver For Citrus Property J. A. Law, former deputy marshal, was appointed receiver of a grove yesterday by Federal Judge Akerman at the request of Carl E. Lien, receiver of the First National bank of Avon Park, whose attorneys complained that the Suniland Realty company, Roberts and others, defendants in a foreclosure action, had started to pick fruit. The complaint was in form of an affidavit by D. C. McMullen. attorney for the bank's receiver, who alleged that the grove will not sell for enough to cover the mortgage, and that he was advised by the bank's receiver that the defendants were picking the fruit. Law was given full authority to protect the fruit as well as the grove, and all parties to the suit were enjoined from interfering.


Article from The Tampa Tribune, December 18, 1930

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Article Text

Bank Receivers Are Awarded Judgments Verdicts for damages totaling $41.363 were awarded receivers of closed banks in federal court yesterday. the largest being for $31,397 in favor of H. J. Spurway, as receiver of the First National bank of Lakeland, against L. N. Pipkin. Spurway also was given a verdict for $8837 against the Lakeland Manufacturing company and others. Albert W. Doepke, as receiver of the First National of Avon Park, was awarded verdict of $1129 against Jessie R. Smith and others. Harold S. Day, as receiver of the First National bank of Avon Park. won verdict against C. M. Hill. A motion by the United States for judgment was granted by Judge Akerman in the case of Gertrude W. Yowvs. the United States for an income tax refund.


Article Text

Bank Receiver Orders Dividend SEBRING May W Doepke, receiver for the First Na. tional bank of Avon Park, announced today the of currency had second 10 per cent dividend, amounting to approximately to be paid depositors in the defunct institution. A previous dividend. amounting to nearly $35,000 was paid last December. Doepke also announced recomhad been made second 10 per dividend, amounting approximately to be made depositors in the defunct Sebring National bank The first dividend amounting about $35,000 was paid November Effective Monday, Doepke also he take for the Carlton National bank the American National bank, Sarasota, and the 1Frst National bank of Punta in addito such duties for the Avon Park and Sebring institutions.


Article Text

Default Judgments Following are the default judgments awarded yesterday: J. C. Shelton, as receiver First National Bank of Lakeland, vs. William P. McDonald, $6979; A. W. Doepke, as receiver First National Bank of Avon Park, vs. J. H. Smith, $800; also vs. Avon Park Canning Co., Inc., A. V. Anderson, and others, $3999; Doepke, as receiver Carlton National bank, vs. J. W. Skipper, $2294; also vs. Maud Roberts, $1395; also vs. J. H. Brown, $6692. J. W. Harwell, as receiver First National Bank of Sanford, vs. H. M. Rumbley, $1010; also vs. E. E. Brady, $1276; also vs. Euphia Finnell, $1028; Federal Reserve bank of Atlanta vs. D. O. Ratliff, $6120; Don P. Strode, as receiver Howard National bank, Kokomo, Ind., vs. Edward J. Humpe, $1030; A. M. Anderson, as receiver Central National bank & Trust company, St. Petersburg, vs. Donovan & Sons, Inc., $1772; also vs. Charles S. Powell, $1841.


Article Text

Default Judgments Following are the default judgments awarded yesterday: J. C. Shelton, as receiver First National Bank of Lakeland, vs. William P. McDonald, $6979; A. W. Doepke, as receiver First National Bank of Avon Park, vs. J. H. Smith, $800; also vs. Avon Park Canning Co., Inc., A. V. Anderson, and others, $3999; Doepke, as receiver Carlton National bank, vs. J. W. Skipper, $2294; also vs. Maud Roberts, $1395; also vs. J. H. Brown, $6692. J. W. Harwell, as receiver First National Bank of Sanford, vs. H. M. Rumbley, $1010; also vs. E. E. Brady, $1276; also vs. Euphia Finnell, $1028; Federal Reserve bank of Atlanta vs. D. O. Ratliff, $6120; Don P. Strode, as receiver Howard National bank, Kokomo, Ind., vs. Edward J. Humpe, $1030; A. M. Anderson, as receiver Central National bank & Trust company, St. Petersburg, vs. Donovan & Sons, Inc., $1772; also vs. Charles S. Powell, $1841.


Article Text

J. C. Shelton, as receiver First National Bank of Lakeland, vs. William P. McDonald, $6979; A. W. Doepke, as receiver First National Bank of Avon Park, vs. J. H. Smith, $800; also vs. Avon Park Canning Co., Inc., A. V. Anderson, and others, $3999; Doepke, as receiver Carlton National bank, vs. J. W. Skipper, $2294; also vs. Maud Roberts, $1395; also vs. J. H. Brown, $6692. J. W. Harwell, as receiver First National Bank of Sanford, vs. H. M. Rumbley, $1010; also vs. E. E. Brady, $1276; also vs. Euphia Finnell, $1028; Federal Reserve bank of Atlanta vs. D. O. Ratliff, $6120; Don P. Strode, as receiver Howard National bank, Kokomo, Ind., vs. Edward J. Humpe, $1030; A. M. Anderson, as receiver Central National bank & Trust company, St. Petersburg, vs. Donovan & Sons, Inc., $1772; also vs. Charles S. Powell, $1841.


Article Text

Suit Charges Bank Receiver Failed To Discharge Duties A declaration in a $40,000 damage suit brought against Albert W. Doepke and the New York Casualty company by J. F. C. O'Connor, as comptroller of the currency of the United States, was filed in federal court here yesterday. The action was originally instituted Aug. 16 with the filing of a praecipe for summons, and was directed against Doepke, former receiver of the First National bank of Avon Park, and the casualty company which wrote his bond. In the declaration it is charged that Doepke, had not "faithfully performed, executed and discharged" all his duties as receiver and that he had not "correctly accounted for any and all monies and all other assets which came into his hands or under his control by virtue of such receivership." A bill of particulars attached to the