First National Bank (Tampa, FL)

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Episode Information

Episode UID
349701555
Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
34970 national
Charter Number
3497
Start Date
July 17, 1929
Location
Tampa, Florida (27.948, -82.458)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dd8013563f2199a5

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Fed/other loan, Public signal of financial health, Partial suspension, Books examined

Description

Run in July 1929 clearly documented; later receivership by 1931 indicates eventual failure though direct suspension date and causal link are not explicitly documented.

Events (4)
1. May 6, 1886 Chartered
Source
historical_nic
2. July 17, 1929 Run
Cause
Rumor Or Misinformation
Cause Details
Unwise gossip and public nervousness following reports and effects of the Mediterranean fruit fly, prompting heavy withdrawals
Measures
Large cash shipments from Federal Reserve (totaling about $5,000,000) sent to First National and other Tampa banks to meet withdrawals
Newspaper Excerpt
Money Arrives. A consignment of $1,000,000 from the Federal Reserve Bank at Atlanta to the First National Bank of Tampa arrived here shortly noon plane ... other banks in the city reported numbers of small depositors withdrawing their funds
Source
newspapers
3. March 21, 1931 Receivership
Newspaper Excerpt
Juries in federal court at Tampa Thursday brought in verdicts awarding approximately $38,308.85 to A. M. Anderson, receiver of the First National bank ... judgments were entered following the verdicts against the following stockholders ...
Source
newspapers
4. * Suspension
Cause
Government Action
Cause Details
Precautionary regulatory-like action (60-day notice requirement) taken by Tampa banks in response to statewide suspensions/panic in other Florida cities
Newspaper Excerpt
Tampa banks invoked regulation requiring depositors give 60-day notice intention withdraw funds from their savings accounts. ... statement issued by the following: First National, Exchange National bank...
Source
newspapers

Newspaper Articles (21)
1. July 17, 1929 Daily American Republic Poplar Bluff, MO
Article from Daily American Republic, July 17, 1929

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FLORIDA BANKS AFTER "RUN" Citizens Bank of Tampa and Nine Subsidiary Institutions Taken Over by Examiner. GOSSIP BLAMED FOR THE CRASH Feeling of Unrest Following Appearance of Fruit Fly Responsible for Closing. By The Associated Press. Tallahassee, Fla., July State Bank Department late today reported the failure of the Citizens Bank of Frost Proof, in Polk counbring to 23 the number of financial institutions to close their doors Florida in the past two weeks. The Frost Proof Bank had capital stock of $35,000; deposits of $311,and assets of By The Associated Press. Tampa, Fla., July 17.-Fourteen state banks in Southwest Florida closed their doors today, bringing to 22 the number of financial institutions to fail within the state within the past two weeks. Capital and surplus of the stitutions that closed today, according to figures released by the state banking department, totaled $3,595,000, deposits aggregated $22,263,961.47 and assets $29,211,075.22. Deposits of the eight banks which failed during the two weeks prior today were estimated at bringing the total deposits tied bank failures to date to Money Arrives. A consignment of $1,000,000 from the Federal Reserve Bank at Atlanta to the First National Bank of Tampa arrived here shortly noon plane from Jacksonville. Meanwhile other banks in the city reported numbers of small depositors withdrawing their funds, but officials said there was plenty of cash on hand. Creed Taylor, deputy governor of the Federal Reserve Bank of Atlanta, who in the city, backed up statements of the bank officials, declaring that the institutions could have the money needed to meet the situation. Directors of the Citizens Bank later issued statement saying that reorganization plans for that institution under way. Tampa, Fla., July Citizens Bank and Trust Company, state institution, nine subsidiary banking institutions failed to open their doors today. Besides the Citizens Bank four the depositories were in Tampa. Notice posted at the Citizens Bank by state bank examiner said the institution in his hands. The branches were: the Bank Ybor City on which run was made the Lafayette Bank; Citizens Monday; Nebraska Avenue Bank; Franklin Bank and the Bank of Plant City; Bradenton Bank and Trust Company; First Bank and Trust Company, First State Bank of Fort Sarasota; Meade, and the Bank of Pasco County Dade Gossip Blamed. Jackson, state examiner, has been here since Monday checking up conditions. The board of directors of the Citiand at meeting zens Bank early today issued statement conditions as due to "unwise plaining gossip and continued adverse conditions following the appearance of the Mediterranean fruit fly which sponsible for feeling of unrest and fear on the part of the people." that all deThe directors predicted positors would be paid in full and that the depositories would go out of business. Bank Capital. Paid in capital of the Citizens Bank Trust $1,000,000, according and was to the published statement of the of June 29 last. Deposits bank as in excess of $3,000,000. were given as cashier; Bize, John Bize is of the board, and Aney chairman president. Bank and Trust, assets Citizens John Bize. $18,412,064.89; cashier, Avenue, assets Citizens Nebraska cashier, $645,802.03; cashLafayette, assets McCord. ier, Franklin, assets ier, W. Jackson. Ybor City, assets cashier, Crowder. Total, The United States supplies onethe world trade in chemifourth of cals.

2. July 18, 1929 The Palm Beach Post West Palm Beach, FL
Article from The Palm Beach Post, July 18, 1929

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AMOS BLAMES PEOPLE FOR CRASH OF BANKS AS 15 MORE GO DOWN (Continued from Page One) gossip adverse conditions following the appearance the Mediterranean fruit fly. which was responsible feeling unand fear developed on the part of people.' the Citizens Bank prethat all depositors paid in full and that its go out of To bolster up public confidence. was brought here by airplane from Atlanta and the First National Bank Tampa, member of the Federal Meanwhile, officials of other solvent banks in Tampa, drawals few small depositors were statements that plenty cash had been obtained meet all Creed Taylor. deputy the Federal Reserve Bank Atlanta, who arrived also declared that local bankers "have all the money they need with which to meet the Advices from Washington stated that the shipment of from Atlanta to Tampa was said by FedReserve officials to have been authorization the board establishment two currency depots in Florida, one Tampa one Miami, each which would kept for quick use by the banks. Sarasota, the the Ringling Savings and Trust the three there, said the closing the Bank and Company of effect on their Both under they said. John fame, the of the Bank Sarasota, and the Savings has entire of the late Charles Ringling, brother. Daytona Beach, July plan relieve the cash of small ready funds were tied up in the failure the and Trust Company and the Atlantic Bank and Trust Company Wednesday the News-Journal, an afternoon which Herbert Davidson editor. The embraced the formation relief has for the to needy perbefore the failure the two than $50 more than ten per cent of the amount tied up. July States Senator Duncan U. Fletcher Florida, address here Wednesday, pleaded with the people the not become pessimistic and discouraged over recent Florida, but good cheer, have hope and stand shoulder to shoulder have never seen day ahead for ahe state today.' Speaking before the Exchange club Fletcher declared that but solid and that are but little ways ahead

3. July 18, 1929 New Britain Herald New Britain, CT
Article from New Britain Herald, July 18, 1929

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Cash Helps Situation Tampa. Fla., July 18 (AP)-Pres- here ence of $5,000,000 in cash. sent from the Atlanta Federal Réserve Rebank, and promise by a Federal serve officials of "all the money needed to meet the situation." was expected today to bolster Florida their bankers and business men in efforts to restore public confidence the in the banking institutions of state, of which 15 in this section closed yesterday. Twenty-three the banks have shut their doors in last two weeks. Aggregate deposits of those which suspended business yesterday was estimated at more than $22,500,000. Deposits Assist Federal authorization for two $1. 000,000 currency depots in the state ) here and one at Miami-and of-one the expressed opinion of federal ficials in Washington that the recent due closing of Florida banks was more to nervousness of the people because of the Mediterranean fruit fly situation than to any fundamental weakness in the banks was aid expected by local bank officials to what they said was increasing con- of fidence of depositors in banks this section. Comptroller Ernest Amos yesterday declared he believed the primary cause of the failures was "unnecessary withdrawals, propaganda, and a financial depression through the state which has been accentu1 ated by the effect of the Mediterranean fruit fly and quarantine. Promised Money C. Cred Taylor, deputy governor of the federal reserve bank at Atlanta, said here yesterday that local banks could have all the money they need with which to meet the situation. The $5,000,000 to be used here was sent to the First National Bank of Tampa, a member of the federal reserve. Officials of other solvent banks in Tampa said they had obtained sufficient cash to meet all demands. Meanwhile, in Daytona Beach, where two banks closed recently, the inDaytona Beach News-Journal augurated a plan to bring financial reliefs to small depositors. The newspaper has offered to advance in cash 10 per cent of deposits in either of the banks of not less than $50 and not more than $.50. Fletcher Has Confidence United States Senator Duncan U. Fletcher also expressed his belief that the state was experiencing but "shaking down to solid .foundation" it and that "the days of prosperity and unbounded progress are but a little ways ahead of us." He said he had seen the state come through a yellow fever epidemic, two severe freezes and their resultant consequences, the land boom and all of its evils. The two hurricanes of 1926 and 1928, and the fruit fly devastation. and that he believed the state would émerge victorious from the bank situation. Comptroller Amos gave the total deposits of the banks which closed yesterday as more than $22,500,000. his The aggregate capital stock. statement said was $3,630,000. and assets were $29,641,366.68. Ten of the banks that closed were subsidiaries of the Citizens Bank and Trust company of Tampa, which also closed its doors.

4. July 18, 1929 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, July 18, 1929

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# FLORIDA HAS 23 # BANK FAILURES # IN TWO WEEKS Usual Summer Depression and Fruit Fly Blamed for Crashes. By United Press ATLANTA, Ga., July 18.-Bank failures in two southern states dur- ing recent weeks had reached a to- tal of twenty-eight today. The closing Wednesday of fifteen institutions in southern Florida fol- lowed the failure of five banks in Birmingham, Ala., during the past mnoth. Two of the Alabama banks subsequently reopened. The usual summer financial de- pression, accentuated by the effect of the Mediterranean fruit fly and quarantine was blamed by bank offi- cials for the failure of twenty-three Florida banks within the past two weeks. Officials of the Citizens Bank and Trust Company of Tampa, whose ten branch houses were among the banks closing Wednesday announced its depositors would be paid in full, and indicated its subsidiaries would go out of business. The First National Bank of Tampa, where most of the failures sulted, Wednesday received $1,000,- 000 by airplane from Atlanta, sent by the federal reserve bank here. Officials of other solvent Tampa banks said plenty of funds are on hand to meet all requirements and no further runs are expected. Ernest Amos, stote controller, was

5. July 18, 1929 Tampa Bay Times St. Petersburg, FL
Article from Tampa Bay Times, July 18, 1929

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SITUATION IN TAMPA FAST CLEARING UP St. Petersburg business men turning last night from Tampa said the excitement attendent upon the closing the Citizens Bank Trust Co., that and number of its subsidiary banks, had apparently subsided, and that further anticipated. Heavy withdrawals were made the Tampa First National bank and the National bank, being taken from each those by panic stricken depositors, This repreonly fraction of the its each, the deposits being the of millions. the federal board that standing solidly behind Tampa the arrival cash airplane the shipment arrive this morning. had lutory effect on the and by the time the closed regular the crowd dling many ported to and turned their money the banks. understood by the St. visitors that the withdrawals were made the largest count to taken the Ex. change only $1.500. the big business and terests left intact their holders every confidence The Knight and Wall Hardware night run full page this Tampa Tribune calling upon the citizens keep and return their that may not paralyzed by their hasty and in considered acThere were many wild rumors Tampa regarding the situation St. Petersburg just there exaggerations here the situation in the Cigar City, was

6. July 18, 1929 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, July 18, 1929

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NATIONAL BANK PRESIDENTS ASK FOR CONFIDENCE Can Meet All Demands; No Cause for Alarm Griffin, president of the Exchange National bank, in statement yesterday, urged the people to their heads" and become panic stricken disturbed. question of confidence," Mr. Griffin said, "and the people should keep their heads. have received cash yesterday and today. This money from federal bank. Another dollars will shipped tonight for We have all demands expect continue Northern correspondents the Exchange Mr Griffin said, including some the largest the United States, telephoned and telegraphed offers assistance throughout the The people Tampa should view the situation calmly retain confidence local banks, Binnicker, president the First National in statement yesterday afternoon. Millions Shipped Here Creed Taylor, deputy governor the federal Atlanta, Tampa,' Binnicker having million dollars shipped for distribution in the event needed. The remaining banks liquid condition and fully able meet demands made on their depositors. "Following closing of banks this during the days the people panicky frame mind. they would view the situation calmly retain their confidence in the local banks present situation would clear financial conditions would improve." Many telegrams received during the day, Mr. Binnicker said, from correspondents in north offering every assistance needed. No Cause for Alarm "Several millions currency have federal reserve branches and Jacksonville Tampa Creed Taylor, deputy governor the federal reserve bank for alarm the people should back Ample currency be provided the federal of all depositors.' Mr. spent the entire day conferences officials of the change National First National banks. He took charge of the distribution the cash ceived Tuesday night also brought Tampa yesterday morning by airplane from the federal reserve branch The divided between the local national banks.

7. July 18, 1929 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, July 18, 1929

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Northern Banks Offer Assistance But None Is While some timid Tampans were tearing their hair yesterday withvarious sums of money the National the Exchange National banks, telegrams and telephone messages coming from New York Chicago other banking centers offering and far more confidence here than apparently felt by many at home. high regard for the standing of the two banks, widely sections, setting forth that banks and finance ready turn whatever might required. But no was required. Among offers were the First Trust company, New York; First National, Chicago: Continental Illinois Bank Trust company; Dillin. Read New York: Bird Wilson, York; lantic National and Barnett National, Jacksonville; Citizens Southern National, Savannah: Irving Trust company, York, others. In every instance they offered fullcooperation the Tampa might large corporations telegraphed they arranged open accounts First the Exchange transferring money and expressing the fullest fidence the banks Tampa

8. July 18, 1929 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, July 18, 1929

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How Millions Come Here To Restore Bank Confidence Here schedule federal sent Tampa Tuesday and money which will reach today: $1,000,000 received by express $1,000,000 received by airplane from Jacksonville yesterday morn$1,000,000 shipped by press consigned for clusive National bank. early this $2,000,000 shipped last night exclusive use National bank. This makes total $5,000,000 already here The $2,000,000 Tuesday night and airplane yesterday was vided equally between change and First National.

9. July 18, 1929 The Tampa Times Tampa, FL
Article from The Tampa Times, July 18, 1929

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OF CRIME AS FLURRY ENDS Police Guard Against Underworld Uprising. Fear that an epidemic of robberies would break out with the underworld element aware that thousands people withdrew deposits from the First National and Exchange National banks yesterday following the closing of the Citizens Bank and Trust company proved groundless, check by the police department this morning revealed. There were two breaking enterings last night and only instance was anything stolen and then only $10. The robbery occurred the Secafe, street. the thief removing screen from window the $10 from the cash register. The instance attempted robbery Nebraska avenue grocery store. insure against any such sibility beries, Chief Police James McCants the ber officers duty last night double strength today. The double duty means four hours extra for three reliefs shifts The duty fect noon crowdthe banks and the streets the vicinity.

10. July 18, 1929 The Tampa Times Tampa, FL
Article from The Tampa Times, July 18, 1929

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Quiet is Restored Strength Proved The arrival of more than five million dollars in cash at the First National and Exchange banks in Tampa last night and yesterday, coupled with hard rain this morning, served to put definite stop the run started excited depositors on these institutions yesterday following the closing of the Citizens Bank and Trust company. When the national banks opened for today, huge piles currency sent the fedreserve banks of Atlanta Jacksonville were stacked the tellers' cages, and the sight of the currency stopped many depositors contemplated taking out their deposits soon possible. Run Over. Police details were on hand both the First National bank and the Exchange National bank the opening hour today, and immediately formed the in line. At the First National bank, customers funds usual tellers' gathered savings today this institution were very light. perhaps 200 people the after by and the lobby of the bank occupied friends the called their success halting which began yesterday. bank in Ybor officials had foreseen the it, today supplied with more enough take demands made depositors. The run this bank was not considered seri- Patrons Read Good News. Patrons of the First National lobby building today either given insight into the strength the bank when they read telegrams posted bulletin board offers financial assistance, neded. bank, First National bank Chicago, the the United States: the Chemical and Trust the Irving Trust company, New York:

11. July 18, 1929 The Baltimore Sun Baltimore, MD
Article from The Baltimore Sun, July 18, 1929

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15 MORE FLORIDA BANKS GO TO WALL in Mediterranean Fruit Fly Is Blamed For 23 Failures Of Last Two Weeks (Continued from Page 1) ganda, too much agitation and too much withdrawals of funds that should be in the ordinary channels of trade. The people have. Sampson like, brought down the temple on themselves, and soon as they realize this they will change their attitude. "With all these bank failures Flor- ida still has more money left in banks than some of our sister States. As an instance of unprecedented withdraw. als, the sum of $750,000 was taken out of the Citizens Bank of Tampa one day. The Volusia County Bank, of Deland, had $700,000 of new funds, and the Merchants Bank, of Daytona Beach had secured $500,000 of new funds, which, under ordinary circumstances, would have been sufficient to have carried them through the sum- "There has been run on the Bank of Ybor City for day or two. "The majority of the banks that closed in Tampa today were affiliated with the Citizens Bank. of Tampa and their closing was made necessary that account as precautionary possible for growers to meet their airplane today from Atlanta and delivered to the First National Bank of obligations to the banks. "Unwise Gossip" Blamed Tampa, a member of the Federal ReThe board of directors of the Citi- serve. zens Bank and Trust Company, which Meanwhile, officials of other solvent was a parent institution for ten of banks in Tampa. where withdrawals the banks which failed today, issued by few small depositors were re statement, explaining that the ported, issued statements that plents present situation was due to "unwise of cash had been obtained to meet all gossip and continued adverse condidemands. tions following the appearance of the Creed Taylor, deputy governor of Mediterranean fruit fly, which was the Federal Reserve Bank at Atlanta, responsible for feeling of unrest and who arrived here today. also declared fear developed on the part of the that local bankers could "have all the people." Directors of this bank predicted that money they need with which to meet all depositors would be paid in full and the situation. indicated that its subsidiaries would go Three Banks Unaffected out of business. At Sarasota officials of the Bank of Plane Brings In $1,000,000 Sarasota, the Ringling Trust and Sav To bolster up public contidence. ings Bank and the First Trust Com the three remaining solvent in

12. July 18, 1929 The Daily Advocate Greenville, OH
Article from The Daily Advocate, July 18, 1929

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FRUIT FLY AND QUARANTINE ARE PANIC CAUSES FIFTEEN FAILURES IN FLORIDA FOLLOW ON HEELS OF BANK PANIC IN ALABAMA Tampa Banking Company Announces That Depositors Will be Paid in Full Grand Jury Investigating Closing of Five Banks at Birmingham-Bank Official Bullet Wound Victim. By United Press Atlanta, Ga., July 18-Bank failures in two southern states during recent weeks had reached a total of 28 today, the closing yesterday of 15 institutions in southern Florida followed the failure of five banks in Birmingham, Ala. During the past month, two of the Alabama banks subsequently reopened. The usual summer financial depression, accentuated by the effect of the Mediterranean fruit fly and quarantine was blamed by bank officials for the failure of 23 Florida banks within the past two weeks. Officials of the Citizens Bank and Trust Company, of Tampa, whose 10 branch houses were among the banks closing yesterday, announced that its depositors would be paid inafull, and indicated that its subsidiaries would go out of business. The First National Bank of Tampa, where most of the failures resulted, yesterday received $1,000,000 by airplane from Atlanta. sent by the Federal Reserve Bank here. Officials of other solvent Tampa banks said plenty of funds were on hand to meet all requirements and no further runs were expected. The closing of five banks in Birmingham is being investigated by a grand jury. A sensation was caused by the death of two bank officials immediately prior to and following the closing of two of the banks. Dr. A. W. Bell, president of the Woodlawn Savings Bank, was drowned in the Coosa river, and John R. Wallace, cashier of the Avondale Bank and Trust Company, died from a bullet wound the day before the bank closed. Members of his family said the wound was accidentally inflicted.

13. August 26, 1929 Transcript-Telegram Holyoke, MA
Article from Transcript-Telegram, August 26, 1929

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Apropos Chairman Shouse Most interesting from the Boston "The choice of Jouett Shouse, chairthe the Democratic National Committee. chief speaker which the Democratic Committee for early September, hardly happy Shouse personally an man. the National Committee, under his rection Chairman Raskob temporarily such itself to Massachusetts "On Friday last, Mr. Shouse gave out sneering the Masstariff though must know our Democratic our Democratic Senator vigorously supported the "Under Mr. direction. the pletely to the wing the party, despite the fact States Southern over four Democratic States of the South to the Republican ticket. Washington expects that Stimson will head the delegates. Mexica's elections are set for Nov. to President Gil will selected. preceding The wealth United timated No later figures available. Shanghai without her for fifteen days. alleged the publication the fact of the removal arrested the French by Chinese "Trollyless Vermont" headline streaming from paper across the continent. good publicity. progressive, not Vermont buss. somewhere field Republican. The signs out that Philip Snow going home the recall the proclama tion pos United States Eu that any only through the leadership England. The Union League club that cupied the sold for Port for building. Foshay Tower. which dedicated week Saturday, memorial Washington Governor North The White Star liner Majestic has vada, South Dakota North Caro her office, already accepted invita conected the New York Stock tions present. Exchange. road to Utopia is Bertrand Russell the glad there one road clear. The Chace and Park banks York under merger "sitting with ital funds exceeding There 8064 civilian America. gain per exceeds the number autos 1900. Cambridge brand school will for use with the opening the school year. By up all the surrounding Essen, of people. This her the third largest city Germany. The First National Bank Tampa closed due its doors, the Florida resume last week. Joseph's, Mo., day when the highway Kansas, This bridge another link in the highway. Three have been killed the city limits Duluth week. Duluth recall what and down hill kind Good lurking grounds for the bear. head of arrived the Kansas City stock yards day last normal the lishing high record for The heavy run this year 22.334 head. July Last heaviest run 41.293 head. Sep 17. William prohibitic for the of Jersey an paign crimp the illega runi He madHe gallon Ald Toppan. Wendell Boston newspaper cheerfully quite Washburn beats to for Republican Senate candidate He Senator colleague crat. nominate Rep. Platt Andrews of Gloucester Mountain tract hand. mountain Asia has just come light. Peak Garmo in the Pamir Mountains The height Garmo has been found higher than any other mountains side tallest peak could on top Mt. McKinley. highest mountain North America. Peak Garmo would be still higher not mentioned manac What wonderful world this Effective September admission fees all national and picture galleries Italy will be abolished. This the most popular decision the seven years of Mussolini's iron regime.

14. October 26, 1929 The Tampa Times Tampa, FL
Article from The Tampa Times, October 26, 1929

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Government Back Of Banks With All Cash Needed Financial Centers Wire Messages Of Faith If the people of Tampa would show the same confidence in the First National and Exchange National banks that the United States government has shown, through the Federal Reserve bank, the runs here would immediately end. That in effect what E. R. Black, governor of the Federal Reserve bank of Atlanta, said this morning. Mr. Black arrived here with $5.government cash meet the demands of the nervous depositors of the two lowing the arrival cash airplane yesterday. He declared the runs the banks here were entirely useless, the the action depositors are their money only react to the disadvantage Tampa. Besides cash assistance from the Federal positive surance the banks largest financial number the wired offers of were the First National and the Exchange. Sound, Say Big Banks. from the Chase The wires New the National, Chicago: Chemical Bank and Trust New Atlantic National, Irving Trust of New York: Florthe ida Philadelphia National, of PhiladelNationally known institutions. every And there were score or more of telegrams from great private Publix Cudahy packing the Hahn The runs the banks, which began yesterday Ybor City, the downtown instituspread resumed morning tions, the institutions opened their when doors. There were lines waiting front the First the the Bank West Tampa, and the banks. Crowds Orderly. Details policemen were on duty before the opened the perfect order when the various institutions opened. There no confusion, such attended the runs following the closing of the Citizens Bank Trust and its affiliated houses last July. The depositors admitted the banks in lots fast tellcould them and out. The fill. ed, kept in by officers Small Withdrawals. Officials the banks in that virtually all the depositors line represented accounts, largely None them expressed concern over the situation, though same they invariably to the disadvantage Governor expressed tire confidence ability the banks to withstand any possible demands: have shown by our acts our (Continued on Page

15. June 12, 1930 La Gaceta Tampa, Ybor City, FL
Article from La Gaceta, June 12, 1930

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LOS QUE TIENEN CUENTA DE AHORRO DEBERAN NOTIFICAR CON 60 DIAS DE ANTICIPACION PARA PODER SACAR SU DINERO Vista la gravedad de la situa ción que se presentaba en la tar de de ayer, por el pánico injustificado de los depositantes, los directores de los bancos de esta ciudad se reunieron y tomaron el siguiente acuerdo: A partir de hoy (jueves) los bancos de Tampa requerirán una notifica, ción de 60 días de los depositantes que tengan la intención de retirar sus cuentas de ahorro, estrictamente de acuerdo con el contrato bajo el cual tales depósitos fueron originalmente aceptados. Tomamos esta acción en un tiempo de intranquilidad debido a la infortunada suspensión de pago de los bancos en otras partes del estado y para la protección de los bancos, nuestros depositantes y la conveniencia pública. Todas las demandas de devolución de depósitos hechas por los que tienen cuenta corriente serán atendidas en el acto. (Firman) : First National Bank, Exchange National Bank First Savings and Trust Co., Latin American Bank of Ybor City, Columbia Bank of Ybor City y Bank of West Tampa.

16. June 12, 1930 Tampa Bay Times St. Petersburg, FL
Article from Tampa Bay Times, June 12, 1930

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Tampa Banks Freeze Savings Deposits Tampa banks, six in number, last night which was savings would withdrawal cordance under which accepted. The taken following bank pensions other parts Demand deposits be paid as announced. The statement was signed by the First bank of National bank. the First Savings Trust American bank of City, Columbia of Ybor City, the Bank of West Tampa.

17. June 12, 1930 The Tampa Times Tampa, FL
Article from The Tampa Times, June 12, 1930

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Banks to Require 60-Day Notice To Draw on Savings Six banks of Tampa took vigorous steps this morning to prevent the spreading here of panicky feeling as the result of the suspension Miami and other Florida cities. To protect their depositors and the public generally, the Tampa banks invoked regulation requiring depositors give 60-day notice intention withdraw funds from their savings accounts. take this action at time of unrest bank other parts of the state for the protection of the banks, our depositors and for the public welfare, statement issued by the following: First National Exchange National bank, First Savings and Trust company. Ybor City, Columbia the Bank of West Tampa.

18. March 21, 1931 Tampa Bay Times St. Petersburg, FL

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BANK RECEIVER GIVEN $82,000 IN U. S. COURT Judgments Against Stockholders and Notemakers Awarded by Jury Juries in federal court at Tampa Thursday brought in verdicts awarding approximately $38,308.85 to A M. Anderson. receiver of the First National bank as the result of suits filed against stockholders in the bank for purposes of securing stock assessment liabilities. Judgments also were procured by the receivers for approximately $44,050 on promissory notes. The judgments were entered following the verdicts against the following stockholders: R. J. McCutcheon. jr., in the amount of $11,513.33: Max A. H. Fitz, for $9,420: A. F. Miller, jr., for $10,885 Virginia Peabody, $3,768.90, and Anna Warner in the amount Judgment were secured by the receivers for the following armounts and parties: Roy L. Dew for and Samuel Merhige, and Minnie Merhige, widow, $9,060. Two suits were entered Friday in circuit court by Anderson as receiver against the following promissory note holders: Shepard and Laughner. for $20,000 and $15,000 the amounts alleged to have been held on two different notes.

19. April 8, 1931 Tampa Bay Times St. Petersburg, FL

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SUIT AGAINST BANK RECEIVER DISMISSED receiver of the Na. tional handed federal court in Tampa. Tuesday the of L. Holland Mrs in against trust the National it going Mr. Anderson through had the suit to and in day Attorney in the by Attorney Merie 1.

20. September 22, 1931 Tampa Bay Times St. Petersburg, FL

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BANK RECEIVER WILL COLLECT $61,591 LIEN Court Orders Assets of Old Alexander Bank Sold to Pay First National Part of the undisposed assets of the National bank, Jan. will be Oct for the payment held by the closed First National bank, was learned district in Tampa entered decree favor of M. receiver the First National against the Alexander National bank. equitable lien found to exist the plaintiff against all of sets of the Alexander National bank which remain the hands of receiver for the First National bank. Judge ordered of the assets on Oct. from E. appointed master to the Alexander National bank its then assets were placed with the First which sumed and paid all outstanding ligations against the other instituThe bill of complaint in the case the Na. tional bank alleged that at the time appointed for the National the liquidation the affairs the Alexander Na. tional bank had to such an the latter institution the First National bank for including interest. remained possesof the First National undisposed assets the other form real estate. notes and mortgages. the receiver National claimed for repayment of its expendi-

21. May 18, 1932 Tampa Bay Times St. Petersburg, FL

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BANKER, TELLS OF HIS DEALS Listed Assets of $252,168 Appraised at $1,214 at Bankruptcy Hearing FINANCIAL AFFAIRS of Avery from the time of his pioneering days in Petersburg up to the closing of the American Bank and Trust company, of which he president, were related in detail at hearing on his petition in bankruptey at Tampa Tuesday. Although admitting he kept record of personal financial transactions for three years prior to the bank's April 29, other in business career. Avery repeated several times the examination had to because he "never anybody "Played Game Square" didn't every Tom, Dick Harry: played the game Avery told examining torneys Referee H. Baya, the proceedings. "There any reason keeping records. always took them burned them after five months." Avery filed voluntary petition bankruptcy the Tampa federal district court last April which nearly score creditors are Principal among them the closed First National and Ameribanks Petersburg and the First National bank Tampa The meeting the creditors held before Referee May Luther W. Petersburg appointed trustee. petition originally scheduled liabilities aggregating and assets of claimed homestead emption real $750 property exempThe trustee's appraisal of the brought the hearing This figure Questioned Two Hours nearly Tuesday afternoon Avery of firm Arthur which reprereceiver National disclosed that stockholder Column