gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a2d76388d04c5da4
Response Measures
None
Description
Depositors later contested the receiver appointment.
Events (2)
1.March 14, 1927Suspension
Cause
Local Banks
Cause Details
Closed after the recent closings of other Palm Beach County banks precipitated the action; state bank examiner assumed charge.
Newspaper Excerpt
The Ocean City bank of Delray failed to open its doors today.
Source
newspapers
2.June 21, 1927Receivership
Newspaper Excerpt
C. W. Bethel ... has been appointed receiver for the Ocean City Bank of Delray, Comptroller Ernest Amos announced today.
Source
newspapers
Newspaper Articles (21)
1.March 14, 1927The Austin Daily HeraldAustin, MN
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Article Text
FAIL
Fourth Institution Battle to Stave Off Ruin in Florida
[By Associated Press] West Palm Beach, Fla., March Palm Beach county failed to open their doors today while another local financial institution sought to stave off severe run.
The Farmers' Bank and Trust Company of West Palm Beach one of the largest banks in this section did not open today following night announcement by Reese, its president. that the closing of two local banks and Palm Beach bank last Tuesday had precipitated the action.
Bank of Lake Worth and the Ocean City Bark of Delray did not morning. No reasons for their action were made separate public. state bank examiner assumed charge of the Delray institution. closing Lake Worth left that city without banks The Delray bank capitalized with deposits aggregating and the Lake Worth Bank had and their statement published July 1926. long men and women braved pelting intermittent there this morning in determined run on the Citizens' Bank Palm Beach.
2.March 14, 1927Carthage Evening PressCarthage, MO
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THREE FLORIDA BANKS CLOSE DOORS TODAY
(By the Associated Press) West Palm Beach, Fla., March 14. -The Ocean City bank of Delray failed to open its doors today making the third bank within a radius of 20 miles to close this morning. The First National Bank of Lakeworth remained closed, leaving no banking institution in Lakeworth. The Farmers bank and Trust Co. here which withstood a run last week when three banks closed, also did not open today.
Bank Withstands Run West Palm Beach, Fla., March 14. strenuous run on the Citizens Bank which started this morning and continued until early afternoon, abated at 2 o'clock with small lines within the bank at the several windows.
3.March 14, 1927The Daily HeraldEverett, WA
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THREE FLORIDA BANKS FAIL TO OPEN DOORS; ONE BRAVES BAD RUN
WEST PALM BEACH, Fla., March 14 AP) Three Palm Beach county banks failed to open their doors today while another local financial institution sought to stave off severe The Farmers' Bank and Trust company of Palm Beach of the largest banks in this section, did not open today, midnight announcement by Reese, its president. that the closing two local banks and Palm Beach bank last Tuesday had precipitated the action. Simultaneously, the First National bank of Lake Worth and the Ocean City bank of Delray did not open this morning. No reasons for their separate actions were made public T. Hawkins state bank
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4.March 14, 1927Paragould SoliphoneParagould, AR
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THREE BANKS AT PALM BEACH CLOSE® DOORS
Critical Situation Continues to Face Institutions -Runs Are Made.
(By the Associated Press) West Palm Beach, Fla., March 14. -Three Palm Beach county banks failed to open their doors today while another local financial institution sought to check a critical run. The Farmers Bank Trust Company at West Palm Beach and the National Bank of Lakeworth and the Ocean City bank at Delray did not open for business this morning. The Citizens Bank of West Palm Beach was the object of a determined run.
5.March 14, 1927The Paducah Evening SunPaducah, KY
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Article Text
IN
Worth Institutions Hit Storm, Shut, Run Starts Another.
WEST PALM BEACH, March Palm Beach county banks failed to open while another local financial institution sought to stave off severe The Farmers Bank and Trust of West Palm Beach, the largest banks in this section, did open following midnight announcement by Reese, its president, that the closing two local banks and Palm Beach institution last Tueshad precipitated the action. the First tional Bank Lakeworth and the Ocean City Bank Delray did No reasons for these separate actions was made public. long line of men and women braved pelting rain this morning determined the Citizens Bank West Palm Beach. Mild excitement
6.March 14, 1927Reno Gazette-JournalReno, NV
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ON OTHERS
Long Line of Depositors Gathers in Rain; Hold Place Despite Advice
Directors in Session All Night Issue Reassuring Statement in Vain
WEST PALM BEACH, Fla., Mar. Palm Beach county banks failed open their doors while anothed local financial institution sought to stave off run. The Farmers' Bank and Trust Company of West Palm Beach. this not open today midnight Reese, its president. that the closing two local banks Palm Beach bank last Tuesday had precipitated the action. Town without Bank Simultaneously the First National Bank and the Ocean City Bank of Delray did not open this No for their actions were made public Hawkins, state bank examiner, assumed charge of the Delray institution. The closing Lakeworth left that city without bank. The Delray bank was capitalized at $25,000 deposits aggregating and Lakeworth bank had $100,000 and of $2,622,690, in their last statements published in July, 1926. Long Line of Depositors long line men and women braved pelting, intermittent rain here this morning determined the Citizens Bank of West Palm sizeable crowd started forming an hour before its usual opening time and was augmented by the ports that the Farmers Bank had been The line stretched solid almost
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7.March 14, 1927The Bismarck TribuneBismarck, Mandan, ND
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Three More Florida Banks Are Closed West Palm Beach, Fla., March 14. (AP) The First National Bank of Lakeworth failed to open its doors for business this morning. This leaves no banking institution in Lakeworth, the First Bank and Trust company having closed on February 23. The Ocean City Bank of Delray also failed to open today. T. C. Hawkins, state bank examiner, is in charge. The Farmers Bank and Trust .company, which withstood a run last week when three banks in the resort city closed, announced last night through T. E. Reese, president, the bank would not be open for business today.
8.March 14, 1927Princeton Daily ClarionPrinceton, IN
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FAILURE OF INSTITUTIONS LAST WEEK CAUSES ACTION
WEST PALM BEACH. Fla., March Palm Beach county banks failed to open their doors today while another local financial institu tion sought to off run. The Farmers Bank Trust company of West Palm Beach. one of the largest banks section. did not open day following midnight announceby Reese, its president, that the closing of two local banks Palm Beach bank last Tuesday precipitated the action. Simultaneously the First National bank of Lakeworth and the Ocean City bank of Delray did not open this morning.
MORE FLORIDA BANKS LOCK
3 Palm Beach County Banks Fail to Open Today
RUNS ON OTHERS
Long Line of Depositors Insists On Drawing Out Citizens Bank Deposits
WEATHERS STORM
Officials and Directors Say stitution Does Not Con- template Closing
West Palm Fla., March Palm Beach county tailed to open their doors today, while another local financial cought to stave off severe The Farmers' Bank and Trust company West Palm Beach. one the largest banks this section, not open today midnight announceby Reese. president, that the closing of two local banks and Palm Beach bank last Tuesday precipitated the First National Bank of Lake Worth the Ocean City bank of Delray did not open No reasons for their made public state bank examiner, sumed charge of the Delray institution. The Lake left that city without bank The Delray bank capitalized with deposits aggregating and the Lake Worth bank capital $100.000 and $2,632,690. both their statements published July. 1926 long line and women braved pelting, intermittent rain this morning in determined run Citizens bank of West Palm Beach. sizeable crowd started before its usual opening time and the reports that the Farmers' Bank had opened. Mild ment prevailed, while friends of bank sought to talk with each perline attempt influence all withdrawal of funds. The line remained intact Reports were circulated that Armour truck here with substantial financial aid from Miami banks. Officials and directors of the bank who had been night met the run this morning with that funds had been rained every one and that the "bank would not close now or hereThe Citizens bank together the Farmers bank last week ed determined runs.
10.March 14, 1927The GazetteCedar Rapids, IA
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Three Banks Close In Palm Beach Co. Big Run On Another
WEST PALM BEACH. Fla., March Palm Beach county banks failed open their doors while institution sought stave The Farmers Bank and Trust West Palm Beach, one of the largest banks in this section, not open today following midby Reese, that banks Palm Beach Tuesday had precipitated the action. the First National bank Lake Worth, and the Ocean City Bank of Delray. did not open this closing Lake left had gregating and the Worth bank had deposits of 690 according to statements published in July, 1926. long line of men women braved pelting rain here this mornCitizens bank of West Beach.
11.March 14, 1927Spokane ChronicleSpokane, WA
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BANKS IN FLORIDA CLOSE UP DOORS WEST PALM BEACH, Fla, March 14. (P)-Three Palm Beach county banks failed open their doors to. day, local financial institution sought to stave off a severe The Farmers Bank and Trust com pany of West Palm Beach, one of the largest banks in this section, did not open today following midnight announcement by Reese, its president. that the closing of two local banks Palm Beach bank last Tuesday had the action. First National of Lake Worth and the Ocean City bank of Delray did open this morning No reasons for their separate actions made public C. state bank examiner assumed charge of the Delray Institution The closing at Lake Worth left that city without bank.
Three Banks Close Today
WEST PALM BEACH, March Three Palm Beach county banks failed to open their doors today. while another local financial institution sought to stave off severe run. The Farmers Bank and Trust company of West Palm Beach, one of the largest banks in this section. failed to open after mid-night announcement by T. Reese, its president, that the closing of two local banks and Palm Beach bank last Tuesday had precipitated the action. Simultaneously the First National Bank of Lakeworth and the Ocean City Bank of Delray did not open for business this morning. No reasons for the separate actions were made public. T.C. Hawkins, state bank examiner. immediately assumed charge of the Delray institution. The closing at Lakeworth left that city without bank. The Delray bank was captalized at $25,000. with deposits aggregating $1,699,850 while the Lakeworth bank had a capital of $100.000 and deposits of $2,622,690 both in their list statements published in July, 1926.
A long line of men and women braved a pelting intermittent rain here this morning in determined run on the Citizens Bank of West Palm Beach A sizeable crowd started forming an hour before its usual opening time and was augmented with the reports that the Farmers Bank had not opened. The line stretched solid almost block on Clematis street and on Narcissus street half block. Mild excitement prevailed. while friends of the bank sought to talk with each person in line in an attempt to influence al against withdrawa. of The line remained intact, although hard shower dispersed curious crowds which threatened at times to jam traffic at this inReports were circulated that an armored truck was speeding here with substantial financial aid from Miami banks.
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Three More Florida Banks Close Doors
West Palm Beach, Fla. March (AP). Three Palm county banks falled today to open their doors, while another local financial institution sought to stave off severe run. The Farmers' Bank & Trust company of West Palm Beach. the First National bank of Lake Worth and the Ocean City bank of Delray remained closed A long line of men and women braved a pelting rain in the run on the Citizens bank of West Palm Beach.
14.March 14, 1927The Times RecordBrunswick, ME
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FLORIDA BANKS DO NOT OPEN TODAY
West Palm Beach, Fla.. March (AP) West Palm Beach county banks failed their doors today while open another local financial institution sought to stave off severe run. The Farmers Bank Trust Co. of West Palm Beach, of the largest banks in this section. did not open today following midnight its president that the closing of two local banks and Palm Beach bank last Tuesday had precipitated the act. the First National Bank of Lake Worth and the Ocean City bank of Delray did not open this morning.
the closing on Tuesday of two local banks precipitated the action.
Simultaneously the First National Bank of Lake Worth and the Ocean City Bank at Delray did not open. The closing of the bank at Lake Worth left that city without a bank. A long line braved a pelting, intermittent rain in a run on the Citizens Bank of West Palm Beach. The line stretched solid almost a block and a half. Reports are being circulated that an armored truck is bringing funds.
16.March 15, 1927The Sioux City JournalSioux City, IA
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QUIETER TONE IN PALM BEACH BANK SITUATION
West Palm Beach, Fla., March quieter tone prevailed Palm Beaches tonight following period of excitement when determined run on the Citizens bank, prompted by the closing of three banks in Palm Beach county, abated early this afternoon, only lines of deat the windows. Two the three banks remaining open here did experience runs. They the regular closing hours. Citizens bank, however, remained until o'clock to meet all requests for payments. The return normality was aided largely by the arrival from Miami of sacks of currency for the Citizens bank. The banks which did not open today included the Farmers Bank and Trust company. The bank closed temporarily, was announced, in the interest the depositors. Plans for reopening the bank within 30 to 60 were announced. The First National bank, of Lake Worth, and the Ocean City bank, of Delray, were the other banks which did open today. No official statement was issued regarding their closMeanwhile banking officials here and at Tallahassee quieting statements calling patrons give their institutions "proper co-operation' and assuring depositors that the banks which have remained open able to meet every demand Officials the Citizens bank expressed their determination not to close "now or hereafter "The bank will be even stronger than when open offiand directors of the Farmers said. Inactivity of the real estate market and the fact that much of the bank's based upon real estate security was given by Er nest Amos, state comptroller, the cause for the recent closings.
17.June 21, 1927The Tampa TribuneTampa, FL
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BANK RECEIVER NAMED -c. W. Bethel. West Palm Beach, has been appointed receiver for the
Ocean City Bank of Delray, Comptroller Ernest Amos announced today. The Ocean City bank closed its doors some time ago.
18.June 26, 1927The Miami HeraldMiami, FL
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APPOINTMENT OF BANK RECEIVER OPPOSED
Representative Catts, Jr., Is Charged With Making Political "Deal."
[BY THE ASSOCIATED PRESS.] WEST PALM BEACH. Fla., June charge that Sidney Catts, jr., of this district, had political "deal" with state Comptroller Ernest Amos for the appointment Bethel receiver for the closed Ocean City Bank of Delray. was today in petition opposing appointment filed by Halstead L. Ritter, representing tain depositors the bank. The filed hearing Circuit Judge C. this morning. Representing, according to torney Ritter, about 70 per of the bank's depositors, the petition opposed Bethel's appointment grounds that did have experience banking matters; that the appointment was not made for best interests of the depositors: that the appointment made as result political deal between the comptroller and Catts; that the appointment would place Bethel obligations Rep Catts which would not be for the best interests of the deposithat comptroller and Catts had refused take steps withdraw appointment of Bethel requested by committee of depositors. motion to strike the petition from the records was filed by local attorrepresenting Judge Chillingworth took the motion under adRepresentative Catts, who has no legal status in the case, denied that the appointment of Bethel made the result of any political deal. He admitted that he recommended Bethel for position just as he might recommended the appointment of game or other appointive officer and declared that appointment place no one obligation. of the sons he did his recomfor Bethel's he said, his wanted Ben F. Sundy appointed to the and he opposed Sundy because he cashier of the bank when closed. Catts is the son of Florida's wartime governor.
19.June 26, 1927The Atlanta JournalAtlanta, GA
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Young Catts Charged With Political Plot For Bank Receiver
WEST PALM BEACH, Fla., June charge that Catts, this distive Sidney trict, made political 'deal' with State Comptroller Ernest Amos for the appointment of Bethel for the closed Ocean City bank, of Delray, made petition ing the filed by stead representing certain bank. The was filed at conhearing before Circuit firmation Judge E. Representing, according to Ritter, about 70 per cent of the the Bethon that he did not have in banking matters; that the made for the best interests the depositors; that the appointment made result of political deal between and Representative Catts; the appointment place Bethel under obligations aCtts, which be for the best interests the that the comptroller and Catts refused take steps withdraw the ap. Bethel requested committee depositors. motion to strike the petition the records filed local attorneys Amos. Judge took the motion under advisement. Representative Catts, who has status in the case, denied the appointment of made result of any political deal. He admitted that Bethfor position just as he might recommended the appointment game warden other appointofficer and declared the place no one der of the reasons did withdraw recomfor Bethel's appointment, he said, was because his opponents wanted Ben Sunday appointed to the place and he opposed Sunday because was cashier of the bank when closed. the of Florida's wartime governor.
20.June 28, 1927The Tampa TribuneTampa, FL
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AMOS DENIES 'DEAL' FOR BANK RECEIVER
Says No Politics Entered in Bethel Appointment
TALLAHASSEE, June No "political agreement' of any kind was ever made with Representative Sidney J. Catts, Jr., of West Palm Beach, for the appointment of C. W. Bethel of that city as receiver for the closed Ocean City Bank of Delray, Comptroller Amos stated today. Halstead L. Ritter, who claimed to represent certain depositors of the bank, in a petition filed in circuit court at West Palm Beach, opposing the appointment of Bethel as receiver of the defunct bank, charged that the comptroller had entered into "political agreement" with Mr. Catts to name Mr. Bethel receiver. "Mr. Catts came to me several times during the legislature session to urge that Mr. Bethel be appointed," Mr. Amos said. "I finally conducted an investigation of the record of Mr. Bethel and just before the legislature adjourned, named him receiver. No one else has ever applied for the place, until after the appointment had been made, and I considered Mr. Bethel perfectly fitted for the post."
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21.July 16, 1927The Palm Beach PostWest Palm Beach, FL
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DECISION ON BANK RECEIVER CASE HEARING
Decision in the controversy over the of receiver the Ocean City bank of Delray CXpected to few Judge Chillingworth said yesterday. Judge Chillingworth is withholding pending the receipt of further information from Ernest comptroller. Following the appointment of C. W. Bethel by Mr. depositors the bank objected to Judge Chillingworth grounds that the man named unqualified to
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