Highlands County Bank (Sebring, FL)

Episode Information

Episode UID
63050071600
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
6305007 routing
Routing Number
63-0500
Start Date
April 14, 1933
Location
Sebring, Florida (27.496, -81.441)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
75efe7d5b9bb8ca9

Response Measures

None

Description

Suspension followed discovery/allegations of large embezzlement by a former banker; conservator appointed and bank remained closed with dividends later paid.

Events (3)
1. April 14, 1933 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension followed discovery/allegations of embezzlement of approximately $45,000–$57,500 by former banker C. A. Skipper.
Newspaper Excerpt
The bank suspended April 14 and is operating under conservator.
Source
newspapers
2. April 29, 1933 Receivership
Newspaper Excerpt
The bank since has been reopened under conservator. Summons for two officers of the bank and one employe ... The inquiry will be conducted by State Attorney C. Adkins ... the bank since has been reopened under conservator.
Source
newspapers
3. November 15, 1933 Other
Newspaper Excerpt
A 15 percent dividend ... is being distributed to creditors of the closed Highlands County bank by E. S. Martin, conservator. The dividend was the third paid since the bank suspended in April and brings to 35 percent the amount paid depositors.
Source
newspapers

Newspaper Articles (13)
1. April 29, 1933 The Tampa Tribune Tampa, FL

Article Text

Highlands Grand Jury To Renew Bank Probe Monday SEBRING April 28.-(Special.) The grand jury inquiry into affairs 1 Can IGA Cleanser of the Highlands County bank, which started last week when the bank sus- 1 Bar IGA Hardwater Soap pended, will be resumed Monday. 1 No. 4 Pkg. Brick Figs Summons for two officers of the bank and one employe, as well as four 1 8-oz. Can Diced Beets other witnesses, were served today The inquiry will be conducted by 1 8-oz. IGA Grapefruit State Attorney C. Adkins of the 1 1-oz. Pkg. Pecan Halves eighth circuit, Gainesville, who has been assigned by Governor Sholtz, 1 Bar IGA Beauty Soap effective Monday Adkins will conduct cases in which resident State Attorney Grady Burton is disquali- 1 1-lb. Pkg. IGA Evap. Peaches fied. The bank since has been reopened under conservator. 1 Large Can IGA Hominy

2. May 4, 1933 Tallahassee Democrat Tallahassee, FL

Article Text

SEBRING HELD IN SEBRING, May Skipper, former Sebrink bankwas under indictment today charges embezzling notes and cash belonging to the Highlands count. bank, which operating under conservator The bank suspended April The indictment contains several counts. Bond set Judge W. Barker.

3. May 4, 1933 Orlando Evening Star Orlando, FL

Article Text

SEBRING BANKER IS INDICTED SEBRING, (P)-C. A. Skipper, former Sebring banker, was under indictment today on charges of embezzling $57,500 in notes and cash belonging to the Highlands County bank, which now is operating under a conservator. The bank suspended April 14. The indictment contains several counts. Bond was set at $10,000. TRUCCO SEEN AS AMBASSADOR SANTIAGO, Chile- (AP) -It is reported here that Manuel Trucco, former provisional president of Chile, may be named ambassador to Washington.

4. May 4, 1933 The Tampa Tribune Tampa, FL

Article Text

Former Banker at Sebring Indicted Charge May Highlands county grand jury today returned against Skipper, Sebring charging larceny and and cash from the Highlands county bank. The bank April and operating under conservator. The contained several counts. alleged the embezzleplace indictment charges Skipper with certificate torney $10,000 Judge Braker State Attorney Adkins,

5. May 4, 1933 The Tampa Times Tampa, FL

Article Text

JURY INDICTS FORMER BANKER OF SEBRING Sebring, May The Highlands county grand jury in partial presentment yesterday indictments A. Skipper, former Sebring banker, charging him with and of 500 in and cash from the Highlands County bank. The suspended April and is under The eral They alleged the embezzlement 1931 and 1932. One indictment charges Skipper with taking tax certificate from local attorney. Bond was set by Judge Baker at the request the acting attorney, C. Adkins, Gainesville.

6. May 4, 1933 The Bradenton Herald Bradenton, FL

Article Text

SKIPPER INDICTED May Skipper. former Sebring banker, under indictment today charges of embezzling and cash belonging to the Highlands County bank which operating under bank suspended April The indictment contains several counts. set $10,000 by Barker.

7. May 5, 1933 Pensacola News Journal Pensacola, FL

Article Text

Sebring Banker Facing Charges The Press) May Skipper, former Sebring banker, was under indictment today charges embezzling in notes and cash belonging to the Highlands County bank, which now is operat. under The bank suspended April The indictment several counts. Bond at $10,000 by Judge W. ker.

8. May 5, 1933 The Miami Herald Miami, FL

Article Text

FORMER BANKER INDICTED BY JURY C. A. Skipper Charged With Embezzlement SEBRING, Fla., May 4. (P)-The Highlands county grand jury, in a partial presentment yesterday, returned indictments against C. A. Skipper, former Sebring banker, charging him with larceny and embezzlement of $57,000 in notes and cash from the Highlands County Bank. The bank suspended April 14, and is operating under conservator. The indictment contained several counts. They allege the occurred during 1931 and 1932. One indictment charges Skipper with taking a tax certificate from a local attorney Bond was set at $10,000 by Judge Barker at the request of J. C. Adkins, Gainesville, acting state attorney.

9. May 18, 1933 Orlando Evening Star Orlando, FL

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.

10. May 19, 1933 The Tampa Times Tampa, FL

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

11. June 11, 1933 The Tampa Tribune Tampa, FL

Article Text

Bond Trustees Settle Highlands Bank Claim The Highlands county bond trustees' claim of $5202 against the Highlands County bank, recently suspended and now operating under conservator, has been settled for $8000 in county and Sebring school bonds. The settlement was made by Conservator E. P. Martin. approved by the state comptroller and confirmed by Circuit Court Judge Barker.

12. November 23, 1933 News-Press Fort Myers, FL

Article Text

Closed Bank Paying 15 Per Cent Dividend SEBRING. Nov 15 per cept dividend. amounting to approximately $7,000 is being dis-y tributed to creditors of the closed Highlands County bank by E. S Martin, conservator The dividend was the third paid since the bank suspended in April, and brings to 35 per cent. or approximately 843 000 the amount paid depositors. The bank had deposits of $125,000 when it closed

13. November 23, 1933 The Tampa Times Tampa, FL

Article Text

Sebring Bank Pays 15 Pct. Dividend Sebring, Nov. 23.-A 15 percent dividend amounting to approximately $15,000 was paid creditors of the closed Highlands County Bank by E. S. Martin, conservator. The dividend was the third paid since the bank suspended in April and brings to 35 percent the amount paid depositors.