Bank of Dania (Dania, FL)

Episode Information

Episode UID
63022671519
Episode Type
Run โ†’ Suspension โ†’ Unsure
Bank Type
state
Bank ID
6302267 routing
Routing Number
63-0226
Start Date
July 2, 1926
Location
Dania, Florida

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8ac7131e9ef44084

Response Measures

None

Description

The bank suspended following a run triggered by the failure of other suburban Miami banks; while officials announced plans to reopen shortly, these articles do not confirm if reopening occurred.

Events (3)

1. July 2, 1926 Other
Newspaper Excerpt
announced at noon readjustment would be made immediately that would enable the bank reopen shortly and meet all obligations.
Source
newspapers
2. July 2, 1926 Run
Cause
Local Banks
Cause Details
Heavy withdrawals influenced by the suspension of other nearby suburban banks (Little River, Buena Vista, and Coconut Grove).
Measures
The bank closed its doors to allow for a 'readjustment' to meet obligations.
Newspaper Excerpt
The Bank of Dania closed its doors shortly before noon today, following heavy withdrawals by depositors.
Source
newspapers
3. July 2, 1926 Suspension
Cause
Local Banks
Cause Details
Suspended operations following a run triggered by the failure of other local banks in the Miami area.
Newspaper Excerpt
The Bank of Dania, a short distance from Miami, suffered a similar withdrawal of funds and ceased operations shortly before noon.
Source
newspapers

Newspaper Articles (14)

Article from St. Louis Post-Dispatch, July 2, 1926

Click image to open full size in new tab

Article Text

THREE BANKS CLOSE DOORS IN MIAMI SUBURBS IN DAY Outstanding Loans on Which They Could Not Deliver Causes Suspensions. MIAMI, Fla., July Three nancial in Miami suburbs, the Bank of Cocoanut Grove, the Bank of Buena Vista and the Bank of Little River suspended operations heer today Outstanding loans which they could not deliver were given by directors reasons for suspension of activities. All three are state depositories. The bank of Cocoanut Grove and the Bank of Buena Vista failed open for business today the Littie River bank suspended after The Grove bank had deposits of The Buena Vista bank had deposits of Associated Press Fla., July The Bank of Dania closed its doors shortly before noon today, following heavy by deposiof the bank. announced at noon readjustment would be made immediately that would enable the bank reopen shortly and meet all obligations.


Article from Brownsville Herald, July 2, 1926

Click image to open full size in new tab

Article Text

FOUR FLORIDA BANKS CLOSED HOLLYWOOD, Fla., July 2 (AP)The bank of Dania closed shortly before ,noon today, following heavy withdrawals by depositors. I. T. Parker, vice president, announced a readjustment would be made immediately will enable the bank to re-open shortly. MIAMI, Fla., July 2.-Three - financial institutions in Miami suburbs, the Bank of Cocoanut Grove, the Bank of Buena Vista, and the Bank of Little River, suspended operations here today. Outstanding loans on which they could not deliver were given by directors as reasons for suspension activities.


Article from The Miami News, July 2, 1926

Click image to open full size in new tab

Article Text

ing that the bank had satisfied every demand made upon it, and that its cash reserve was adequate to meet the situation. Beginning at 11 a. m., patrons of the bank, probably influenced by the situation at Little River, where the community bank was forced to close its doors this morning following run, thronged the bank quarters to withdraw their deposits. While the run was at its height, J. W. Young, owner and developer made brief speech in which he assured patrons that the bank was prepared to meet its obligations and asking that they evidence their confidence in the institution by refusing to make further withdrawals. Large sums of currency are said to have been rushed to the Hollywood bank in an armored car from Miami and when the run subsided shortly after noon, bank officials said they had more than enough cash reserve to satisfy every depositor. I. T. Parker, president of the Bank of Dania, at noon today, following run which influenced the bank to close its doors before noon, that a readjustment would be made immediately that will enable the Dania bank to reopen shortly and meet all its obligations.


Article from Washington Daily News, July 3, 1926

Click image to open full size in new tab

Article Text

BANKS FAIL its doors for business today following an order issued by the board of directors. -Heavy withdrawals by depositors of the Citizens Bank of Homestead caused the insttiution to close its doors today pending settlement. Officers of the bank said they expected to reopen Tuesday. The Bank of Dania, a short distance from Miami, suffered a similar withdrawal of funds and ceased operations shortly before noon. At the same time the Bank of Hollywood, also a short distance north of this city, withstood brief run. The Bank Buena Vista and the Bank of Cocoanut Grove, allied institutions, made the following separate announcements: "The bank has decided to suspend operations for the present and will therefore, not open for business today. It is actuated in this cause by desire to conserve its resources and to protect its depositors to the fullest extent. Local citizens now are working on a plan and will announce the details in few days to organize a local controlled institution for speedy liquidation and to relieve the situation."


Article from The Flint Journal, July 3, 1926

Click image to open full size in new tab

Article Text

BANK IN FLORIDA SHUT AFTER RUN Hollywood, Fla., July 3. โ€” The Bank of Dania closed its doors shortly before noon Friday following heavy withdrawals by depositors. I. T. Parker, vice president of the bank, announced at noon a readjustment would be made immediately that will enable the bank to reopen shortly and to meet all its obligations. The bank of Hollywood weathered a determined run which began at 11 a. m. and lasted until after noon. After every patron seeking withdrawal of funds had been served J. L. Bowie, vice president, issued a statement that the bank had satisfied every demand. Large sums of currency are said to have been sent to the Hollywood bank from Miami and when the run subsided bank officials said they had more than enough cash reserve to satisfy every deposit.


Article from The Paducah Sun, July 3, 1926

Click image to open full size in new tab

Article Text

CONGRESS MAY ADJOURN TODAY TO IN Owensboro Man Overcome Way Cleared In Both Houses For Ending Of Sixty- By Heat And Paralysis May Die Ninth Session Associated Press Unless Washington, there an unexpected hitch in the plans of leaders, first session of the sixty-ninth congress will end tomorrow. A resolution providing for sine die adjournment was adopted today by the House and immediately transmitted to the Senate. There, however, it referred to the appropriation committee instead of being put to vote but leaders said this was simply formality and that the proposal would ceive Senate approval well in advance the hour fixed for the get-away. The way for House action the resolution was cleared when agreement was reached on points in the $50,000,000 final deficiency bill which carries funds, among other things, for the start of construction this summer on number of postoffices and other government buildings. Take Standing Vote Immediately after the measure had been sent on its way to the White House, the adjournment resolution was adopted with chorus of and scattered but Representative RankDemocrat, Mississippi, demandstanding vote. This showed 199 members favoring adjournment, and 29 opposed, but the let it at that and made ponents go force roll call, no attempt which would have put members record. Although the Senate ferred action on the resolution, members of both houses took for that the session would granted close tomorrow, and many, anxious get home before the Fourth July and to avoid the heat Washington, had started on their way tonight. The House vote on showed scarcely the floor although leadquorum ers said that greater number have to roll would responded call. The senate completed action the measure to increase the pensions of Civil and Mexican war veterans and their dependents, to the president, and sending other bills, two passed, among House proposals designed to curb patronage evils. It also received long list of nominations from President Coolduring the day signed idge who the Cooperative Marketing bill, the only farm relief proposal to of this congressional approval and the measure liberalizsession, The heat wave which struck Kentucky yesterday blistered Paducah with scorching temperature that reached 104 degrees in the shade the afternoon. Rain promduring ised by the weatherman to cool the atmosphere did not materialize and Paducahans last night went uncomfortable. Heat Victim May Die. The Ky. John Robertson, 67, suffered heat prostration today, which was followed paralytic stroke, and his life dispaired of. The temperature reached degrees in Owensboro today, three degrees above yesterday. at Louisville. do think the depositors will lose The Press Louisville, July KenHe intimated his intention of eftuckians sweltered today as the fecting an early mercury soared to new season's At the opening hour crowd high marks at various points awaited to the Little river throughout the state, reaching the bank and within an hour the century mark at one or two points. The maximum here for that day ber had increased for making with98 by the drawals. Two squadrons of degrees government reading. At Paducah dispatched to prevent disorthe thermometer climbed to the der, and an armored truck bearing height of 104, and the official funds from downtown banks was dizzy government reading sent. reached Lexington reported President Parker, of the degrees for season's record. Bank of Dania, announced immed- Rain Cools Princeton. ment would be made that would Princeton, Ky., July (Spe- enable the bank to re-open shortcial.) After sweltering under an and meet all obligations. excessive torrid wave for three Hollywood Bank Recovers days in which the temperature The run on the bank of Hollyrecorded by the official government wood was precipitated after receipts thermometer reached the high mark of news of the previous bank closof 99 degrees this afternoon. Temings, but was met through the porary relief was afforded early toceipt of funds from Miami banks. night by copious rain. The run subsided shortly after The total rainfall was one and noon when officers found funds inches, which only lacked quarter sufficient to cover every deposit. one-twentieth of an inch of equaling President George Romfh of the the total rainfall for the whole Miami Clearing House association last month. upon the suspension The rain was of untold benefit to three suburban banks, declared gardens and vegetagrowing crops, that outside control and loans tion. brisk wind preceded the outside paper solely were responrain, damaging shade trees considsible for the erably by twisting and breaking the "The banks of Miami today limbs causing considerable concircuit in the elec- impregnable position" Clark fusion. short the Davis, president of the City Nationtrical current plunged minutes, Bank and Trust company, tota] darkness occa- "Each of the downtown banks and added sioned by the rain and wind. today operating entirely


Article from The Houston Post, July 3, 1926

Click image to open full size in new tab

Article Text

THREE FLORIDA BANKS SUSPEND Heavy Withdrawals of Cash Cause Closing of These Institutions. Fla., July local finansuspended Dania cial and withdrawal of funds FriBank of Cocoanut Grove and Bank failed the the Bank run duration. The Bank of Dania, from Miami, suffered similar withdrawal funds and before noon. of At the short distance north in Broward county, withstood The Bank of Buena Vista and the Bank the following separate "The bank has decided to suspend for the present therefore, not open for business Friis actuated this cause desire its the fullest extent. Local are workwill announce the ing plan details days to organize locally speedy and to relieve the situaThe run on the Bank of of was the previous bank closings, but met through the of funds was Miami banks. The run officers had shortly Romfh of the MiClearing House commenting suspension of declared that outside control and loans paper solely for the embarrassment.


Article from The Morning News, July 3, 1926

Click image to open full size in new tab

Article Text

FLORIDA BANKS CLOSE. ONE WEATHERS BRIEF RUN All Institutions Sends Three banks opera. tions, institution Danda its and Holly. bank weathered heavy withdrawal today Bank Grove and the Buena Vista failed to and the Bank of Little closed after run of an The bank of Dania. short dissimilar of funds and ceased before At the time the Bank of Holly. this County with stood The Bank of Buena stock of $50,000: the Bank of Coconut Grove The on the Bank of Holly wood precipitated after receipt of news of the other bank closings, through receipt funds Miami banks The run subsided shortly after noon


Article from Marysville Journal-Tribune, July 3, 1926

Click image to open full size in new tab

Article Text

FLORIDA BANKS CLOSED DOORS MIAMI, Fla., July 3.-The Bank of Coconut Grove and the Bank of Buena Vista failed to open for business here yesterday and the Bank of Little River closed after an hour's "run on the bank". The Bank of Dania, a short distance from Miami, ceased operations in the morning af ter "run" on it. The Bank of HolCocoanut Grove and the Bank of heavy "run."


Article from Chicago Tribune, July 3, 1926

Click image to open full size in new tab

Article Text

BAD LOANS CLOSE 4 STATE BANKS IN SOUTH FLORIDA Miami, Fla., July local suspended operations, financial institution at Dania closed its doors, and Hollywood bank weathered heavy withdrawal of funds today. The bank Coconut Grove and the Bank Buena Vista failed open for business, and the Bank of Little River closed after run an hour's duration. The Bank of Dania suffered similar withdrawal funds ceased operations shortly before noon. At the same the The Bank of Buena Vista and the Bank of Coconut Grove they actuated in closing by desire its and to its to the fullest The Bank of Little River announced that sound and in good shape, and that had in excess of in cash in vaults reserve The Bank Dania that readjustment would be made that would enable to reopen. President George Romfh of the Miami clearing house, in commenting on the suspension of three suburban banks, declared outside control and loans paper solely responsible for the


Article from Standard-Speaker, July 3, 1926

Click image to open full size in new tab

Article Text

FOUR FLORIDA BANKS CLOSED THEIR DOORS MIAMI, Fla., July 2. (AP)-Three local banks suspended operations, a financial institution at Dana closed its doors and a Hollywood bank weathered a heavy withdrawal of funds today. The Bank of Cocoanut Grove, the Bank of Buenavista, the Bank of Little River and the Bank of Dania were the ones to cease operations. The run on the Bank of Hollywood was precipitated after weceipt of news of the previous bank closings, but was met through the receipt of funds from Miami banks.


Article from The Gazette and Daily, July 3, 1926

Click image to open full size in new tab

Article Text

FLORIDA BANKS IN DIFFICULTIES Three Miami And Suburban Banks Suspend Business RUN ON ANOTHER MET July local banks suspended Dania closed its doors bank heavy withdrawal of funds today. Bank Coconut and Bank Vista failed open the Bank Little after of an hour's duration The Bank of short suffered funds and ceased same time the Bank of Holly short distance of this Broward county stood brief The Bank Buena Vista and the Bank of Coconut Grove allied instimade following separate decided to suspend operations for present and business day It actuated in cause to conserve its resources and fullest Continued on Seventh Page)


Article from The Pittsburgh Post, July 3, 1926

Click image to open full size in new tab

Article Text

FOUR FLORIDA BANKS CLOSE, FIFTH MEETING HEAVY DEMAND Miami Suburban Institutions Expect to Reopen Soon. BLAME LAID ON OUTSIDE LOANS BY THE ASSOCIATED PRESS MIAMI. July urban banks Dania doors and a withdrawal funds The Bank of Coconut Grove and the Bank of Buena Vista open business and the of River closed run an The distance from lar funds At the short of Broward brief TWO MAY RI The Bank of Buena and the Bank of allied suspend and will. for of It in by sire and protect its to Local on plan and for and to The Bank of Buena opened on of deposits The of On March the and The of River feel advisable for the 5 40 be of Dania that would be that would enable shortly meet run on the Bank of after of news of the bank but the funds Miami The subsided offers of sufficient every President George of Miami Clearing House on suburban that outside and loans responsible for the paper solely


Article from Nebraska City News Press, July 4, 1926

Click image to open full size in new tab

Article Text

Unsettled Weather, Forecast for July The weather outlook for the week ginning Monday follows: Mississippi and lower Upper Missouri valleys: More or settled with showers or thunderstorms. Temperatures near or somewhat above normal. Miami Banks Closed. MIAMI. July local banks today suspended following heavy runs by erations depositors. The bank Dania, and two others, at Coconut Grove and Buena Vista, failed weather storm. bank at Hollywood paid fast they withdepositors drew their funds. Delayed Sighted. HONOLULU, July yacht Jubilo, the San Honolulu sighted