Highlands Bank & Trust Company (Sebring, FL)

Episode Information

Episode UID
63033071550
Episode Type
Run β†’ Suspension β†’ Closure
Bank Type
trust
Bank ID
6303307 routing
Routing Number
63-0330
Start Date
February 11, 1929
Location
Sebring, Florida (27.496, -81.441)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5f0a27d50f197025

Response Measures

None

Description

Contemporary reports state a silent and heavy run but give no specific trigger.

Events (3)

1. February 11, 1929 Run
Cause Details
Contemporary accounts state a 'silent and heavy run' over three weeks but do not identify a trigger or misinformation.
Measures
Directors closed bank doors and posted notice asking state comptroller to take charge.
Newspaper Excerpt
the directorate because of a silent and heavy run on the institution for the past three weeks
Source
newspapers
2. February 11, 1929 Suspension
Cause
Government Action
Cause Details
Directors closed the bank and requested the state comptroller to take charge, effectively suspending operations.
Newspaper Excerpt
failed to open its doors this morning. The action was taken by the directorate ... The state comptroller was requested to take charge of the bank.
Source
newspapers
3. February 26, 1929 Receivership
Newspaper Excerpt
Bank receiver appointed SEBRING 26 (Special.) Former E. J. Etheredge ... appointed receiver for the Highlands Bank & Trust by State Comptroller Ernest Amos.
Source
newspapers

Newspaper Articles (17)

Article from The Times, February 11, 1929

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Article Text

EXTRA! Ind., Feb. (I.N.S.) were inpersons stantly killed and a third seriously hurt when the Manhattan Limited of the Pennsylvania railroad demolished an automobile on grade crossing at Etna Green, 12 miles west of here this afternoon. NEW YORK, Feb. City Trust company. Manhattan bank with four branches in the greater city and capitalization of $1,225,000 closed today by Frank H. Warder, superintendent of the state department of banking. Officials refused to comment. MINES FIELD, LOS ANGELES, Feb. in her effort to smash the world's endurance record for women, Bobbie Trout, 23-year-old girl flier, returned to earth at 10:10:22 here today in her single motored Golden Eagle monoplane. SEBRING, Fla., Feb. Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank. VILLA GROVE, III., Feb. (U.P.) Belief that body found in the C. and E. I. railroad reservoir here may be that of little Edith Mae Deardorf, 14-year-old news girl of West Terre Haute, Ind., who has been missing since January 25, was expressed by officials today. BEVERLY HILLS. Cal., Feb. Marshal Neilan, noted motion picture director, was recovering today from the effects of carbon monoxide gas that nearly caused his death in the family garage here yesterday. His screen star wife, Blanche Sweet, discovered his plight and dragged him to safety. HERCULES, Calif., Feb. Four men were believed to have been killed in an explosion which wrecked gelatine packing plant of the Hercules Powder company today. The building was used for packhun-


Article from The Times, February 11, 1929

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Article Text

EXTRA! Ind., Feb. (I.N.S:) were inpersons stantly killed and third seriously hurt when the Manhattan Limited of the Pennsylvania railroad demolished an automobile on grade crossing at Etna Green, 12 miles west of here this afternoon. NEW YORK. Feb. (I.N.S.) The City Trust company, Manhattan bank with four branches in the greater city and capitalization of $1,225,000 was closed today by Frank H. Warder, superintendent of the state department of banking. Officials refused to comment. MINES FIELD. LOS ANGELES, Feb. (I.N.S.) Triumphant in her effort to smash the world's endurance record women, Bobbie Trout, 23-year-old girl flier, returned to earth at here today in her single motored Golden Eagle monoplane. SEBRING, Fla., Feb. Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank. VILLA GROVE, III., Feb. (U.P.) Belief that body found in the C. and E. I. railroad reservoir here may be that of little Edith Mae Deardorf, 14-year-old news girl of West Terre Haute, Ind., who has been missing since January 25, was expressed by officials today. BEVERLY HILLS, Cal., Feb. Marshal Neilan, noted motion picture director, recovering today from the effects of carbon monoxide gas that nearly caused his death in the family garage yesterday. His screen star wife, Blanche Sweet, discovered his plight and dragged him to safety. HERCULES, Calif., Feb. Four were believed to have been killed in an explosion which wrecked gelatine packing plant of the Hercules Powder company today. The building was used for packing dynamite and hundreds of cases of the explosives.


Article from The Dayton Herald, February 11, 1929

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Article Text

Bank Fails to Open SEBRING Fla., Feb. 11-The Highlands Bank and Trust company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks. notice posted on the door said The state comptroller was requested to take charge of the bank.


Article from Wilkes-Barre Times Leader, the Evening News, February 11, 1929

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Article Text

SCHUYLKILL SCHOOL DIRECTORS ARE OUSTED Feb. Blythe schools, were ousted day from office decree of the County Judge Hicks declared that the directors had illegal contracts and Daniel Richard Edwards, Patrick Doyne and Thomas O'Neil. FLORIDA BANK CLOSES Sebring. Fla. Feb. Highand Trust company open doors The action was the directorate because heavy the for past three notice posted door The State quested to take charge of the


Article from New Castle News, February 11, 1929

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Article Text

Florida Bank Fails To Open Its Doors (International News Service) SEBRING, Fla., Feb. 11.β€”The Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks, a notice posted on the door said. The state comptroller was requested to take charge of the bank.


Article from The Times, February 11, 1929

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Article Text

TRIAL OF JUNK DEALER DELAYED venue from Taking Police W. Bean to the court of Justice Peace J. N. the hearing of Amos charged with violation of ordinance governing junk the continued until Thursday of this week Mossell facing two separate as result of statements made by two local youths, arrested some time ago for stealing copper wire from the Public Service Co. BANK FAILS. SEBRING Fla., Feb. IL-The Highlands Bank & Trust Company failed to open Its doors this morn ing. The action taken by the directorate because of a silent and heavy run on the Institution for the past three weeks, notice post ed on the door said, The state comptroller was requested to take charge of the bank.


Article from Telegraph-Forum, February 11, 1929

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Article Text

BANK FAILS TO OPEN SEBRING, Fla., Feb. 11 Highlands Bank and Trust Company failed to open its doors this morning The action was taken by the directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank.


Article from Tallahassee Democrat, February 12, 1929

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Article Text

BANK AT SEBRING SUSPENDS TODAY SEBRING, Fla., Feb. 11.-INS -The Highlands Bank and Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks, 80 the notice posted on the door said. The state comptroller was requested to take charge of the bank.


Article from The San Francisco Examiner, February 12, 1929

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Article Text

Sebring, Fla., Bank Closes to Block Run SEBRING (Fla.). Feb. 11.-(INS) The Highlands Bank Trust Co. failed to open its doors this morning. The action was taken because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The State comptroller was requested to take charge.


Article from The Lima News, February 12, 1929

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Article Text

SEBRING BANK CLOSED SEBRING. Fla., Feb. 12The Highlands Bank & Trust Co. failed to open its doors this morning. The action was taken by the directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank.


Article from The Omaha Morning Bee-News, February 12, 1929

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Article Text

Run Forces Bank to Close Its Doors SEBRING. Fla., Feb. Highlands Bank and Trust Co. failed open its doors Monday morning silent and heavy run on the institution for the past three notice on the door said.


Article from Times Record News, February 12, 1929

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Article Text

Florida Bank Fails To Open For Business SEBERING, Fla., Feb. 11 (INS) -The Highlands Bank and Trust company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks a notice posted on the door said The state comptroller was requested to take charge of the bank.


Article from The Tampa Tribune, February 27, 1929

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Article Text

Senate Denies Extension Of Indian Bureau Probe WASHINGTON, Feb. The senate refused today to grant thority for continuation of an investigation of the bureau of Indian affairs and to set aside an additional $15,000 for its expenses. Despite vigorous plea by Senator Wheeler, democrat, Montana, who urged adoption of two resolutions to carry on investigation, objection to their adoption was made by Senator Fess, republican. Ohio, and under the rule the measures went over. Senator Wheeler charged that there been "determined effort" by Commissioner Burke of the Indian bureau to "stop the investigation ever since it began. BANK RECEIVER APPOINTED SEBRING 26 (Special.) Former E. J. Etheredge of DeSoto City has been appointed receiver for the Highlands Bank & Trust by State Comptroller Ernest Amos.


Article Text

Depositors Name Group To Advise Bank Receiver AVON PARK, Sept. 22.-(Special.) Rejecting a proposal for transfer of assets of the Highlands Bank & Trust company, Sebring. to a trustee. a depositors meeting yesterday afternoon voted to name committee of three to advise with the receiver. E. J Etheredge in matters of disposal of assets. The idea, one of the suggestions laid before the meeting by the receiver. was first advocated during the recent primaries by J. M Lee. democratic nominee for compC. Barrow. J. M. Berriman and C. F. Saunders. all large depositors. were named on the committee. The committee will have no legal standing but Receiver Etheredge said he would be guided largely by the committee.


Article Text

SEBRING BANKING OFFICIALS BILLED SEBRING. Circuit Judge Barker denied today motions quash chargformer Sebring with larceny, embezzlesecretion of $45,000 from Highlands counbank, which suspended April The bank now operating conservator. Skipper's trial for July The grand jury today returned charging Skipper and Etheridge, former state auditor. until recently receiver for the closed Highlands bank and Trust Co. with embezzlement and property of the bank. indictments wilmisapplication of bank funds were returned against Lien, of the Highlands county bank. The grand jury indicted Constable Franklin of Venus, embezzlement of county funds.


Article Text

TRIAL OF HIGHLANDS BANKER SET JULY Judge W. Barker today denied motions to quash charging Skipper, former Sebring with larceny, and of $45,000 from the Highlands bank, which April 21. The bank operating under conThe court reversed ruling petition change set Skipper's trial for The grand today returned another indictment charging Skipper Etheridge, former state who until recently was ceiver the closed Highlands Bank and Trust company, with ment conversion property of the bank. Two indictments charging wilful misapplication bank funds turned against Lien, president of the County


Article Text

Trial of C. A. Skipper On Bank Fraud Charge Will Be Held July 6 Sebring. May 19.-Circuit Judge W. Barker has denied motions 10 quash indictments charging A. Skipper Sebring banker. with and secretion of $45,000 from the Highlands County bank which suspended April 21. The bank now operating under conservator The court also refused ruling on petition for change of venue and set Skipper's trial for July Two indictments charging wilfut misapplication of bank funds also were returned against E. Lien, president of the Highlands county bank Teh grand jury indicted Constable H. E. Franklin. of Venus, with embezzlement of county funds. and recommended to the governor that he remove Franklin from office. The grand jury today returned another indictment charging Skipper and E. Etheridge, former state senator until recently cashier for the closed Highlands bank and Trust company with and conversion of note. property of the