1943. Ocean City Bank (Delray Beach, FL)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
state
Start Date
March 14, 1927
Location
Delray Beach, Florida (26.461, -80.073)

Metadata

Model
gpt-5-mini
Short Digest
1bade9ef4e6c3984

Response Measures

None

Description

Multiple contemporaneous newspaper articles (Mar 14, 1927) report the Ocean City Bank of Delray did not open its doors and that the state bank examiner assumed charge. The closings were precipitated by failures/closures of other local banks (Farmers' Bank & Trust, First National Bank of Lake Worth), and later articles (Jun 21–28, 1927) report a receiver (C. W. Bethel) was appointed for the Ocean City Bank, indicating the suspension led to permanent closure and receivership. OCR errors in some articles (e.g., 'Ocean City Bark', 'Delray' without 'Beach') were correctedβ€”context shows Delray refers to Delray/Delray Beach, FL.

Events (2)

1. March 14, 1927 Suspension
Cause
Local Banks
Cause Details
Closure precipitated by recent failures/closings of other Palm Beach County banks (Farmers' Bank & Trust Co., Palm Beach bank, First National Bank of Lake Worth); contagion among local banks and weakness in real estate market cited in follow-ups.
Newspaper Excerpt
Simultaneously the First National Bank and the Ocean City Bank of Delray did not open this morning. T. C. Hawkins, state bank examiner, assumed charge of the Delray institution.
Source
newspapers
2. June 21, 1927 Receivership
Newspaper Excerpt
C. W. Bethel... 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.
Source
newspapers

Newspaper Articles (20)

Article from The Austin Daily Herald, March 14, 1927

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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.


Article from Reno Gazette-Journal, March 14, 1927

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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 (Turn to Page Two)


Article from Rapid City Journal, March 14, 1927

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More Banks of Florida Close Their Doors Now West Palm Beach, Fla., Mar. 14. (AP) First National Bank of Lake Worth failed to open Its doors for business this morning This leaves no banking institution in Lake Worth. the First Bank and Trust company having closed on February 23. The Ocean City bank of Delray, also failed to open to day Hawkins, state bank ex aminer, is In charge The Farmers Bank and Trust company, which withstood a last week when three banks In the resort city closed announced. last night through T. E. Reese, president, the bank would not be for business today A long line of men and women braved pelting, intermittent rain here this morning making determined run on the Citizens' bank of


Article from Dayton Daily News, March 14, 1927

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PALM BEACH COUNTY BANKS FAIL TO OPEN Long Line of Men and Women Start Run on Fourth. MONEY ARRIVES BY TRUCK FROM MIAMI FOREST GABLES Washington Reports ConfiPLAN QUESTIONED dence in Florida FinanAttorney Contends Sessions cial Situation. Not Public and For Members Only. Exercise of the state "blue laws, which require all public dance halls to be closed on day, may be attempted against the Forest Gables dance hall on the Covington pike, Sheriff Fred S. Wolf indicated Mon Sheriff Wolf and Deputy William Alexander visited the dance hall several weeks ago after numerous com plaints had been lodged with the sheriff's office that public dances were being earried on in the county The matter has been referred to Prosecuting Attorney Ralph E. Hoskot, and on his opinion will depend what county cials will take. Attorney Roland W. Baggott, former judge of the court of domestic relations, has been retained operators of the hall as counsel and will make test of any charge that may be filed Probate Judge Harry Routzohn stated matter had been discussed with him, but he has not been advised whether not affidavits charging violation the state's "blue laws" will filed his court. The Forest Gables question presents an interesting problem translation of the was ported. When Sheriff Wolf and his deputy visited the hall they were accorded every courtesy and the men in charge explained they were not operating a public dance on Sunday In support this statement, the managers guests to questioned by the sheriff and each displayed card Forest Gables club which said to have authority to use the hall for Sunday dances This club reported to be made up of from 500 to 700 members, and only are admitted to the dances at the hall Sunday nights. Judge Routzohn may be called upon determine the difference between the public dances, as erated during the week, and the club which has control of the hall Sundays only. Attorney Baggott contends the dances held Sunday night are not public, admission charged to the hall. Only persons carrythe membership cards are mitted during the night and the membership the club covers the charges for the dancing entire year. Food served the hall by the but there jection this angle the operation of the hall, was reported. WEST PALM BEACH, Fla. March Palm Beach co. banks failed to open their doors today, while an other local financial institution sought to stave off severe run. The Farmers Bank andTrust Co. 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 and Palm Beach bank last Tuesday had precipitated the Simultaneously the First National Bank Lake Worth, and the Ocean City Bank of Delray, did open this morning No reason for their separate actions were made public. Hawkins, state bank examiner, assumed charge of the Delray institution. The closat Lake Worth left that city ing without The Delray bank was capitalized $25,000, ing and the Lake Worth bank had capital of $100,000 and deposits of both in their last statements published in July, 1926. long line of men and women braved pelting, rain here in run on the Citizens Bank of West Palm Beach. sizeable started forming an hour before its usual opening time and was augmented the reports that the Farmers bank had not been opened. The stretched solid almost block on Clematis st. on Narcissus st. half block. Mild excitement prevailed. while friends the bank sought to talk with each person in line in an tempt to influence all against withdrawal of funds. The line remained intact, al- (CONTINUED ON PAGE EIGHT)


Article from The Paducah Evening Sun, March 14, 1927

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IN TROUBLE Lake Worth Institutions By 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 run. The Farmers Bank and Trust company West Palm Beach, of the largest banks this section, not open following midnight announcement by Reese, its president, that the closing two local banks and Palm Beach Institution Tueshad precipitated action. Simultaneously First National Bank of Lakeworth and Ocean City Bank of Delray did not open. for these separate actions was made public. long line of men and women braved pelting intermittent rain this morning determined run Citizens Bank of West Palm Beach. Mild excitement


Article from Santa Cruz Evening News, March 14, 1927

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FLORIDA BANKS FAIL TO OPEN FOR BUSINESS TODAY WEST PALM BEACH, Fla., March 14.-(P)-Three Palm Beach banks failed to open their doors today while another local financial institution sought to stave off a serious run. The Farmers' Bank and Trust company of West Palm Beach, one of the largest banks in this section, closed following an announcement by T. T. Reese, its president, that the closing of two local banks and the Palm Beach bank last Tuesday precipitated the action. Simultaneously the First National bank at Lake Worth and the Ocean City bank of Delray did not open this morning. No reason for their action was made public. T. C. Hawkins, state bank examiner, assumed charge of the Delray institution. The closing at Lake Worth left that city without a bank. A long line of men and women braved a pelting intermittent rain this morning in the run on the Citizens' bank of West Palm Beach. WASHINGTON, D. C., March 14. -(P)-Treasury officials are not worried over the national banking situation in Florida, but characterize the condition of the banks there as "generally good." The closed First National bank of Lake Worth, Florida, is considered the first important national banking institution in the state to suspend operations.


Article from The Bennington Evening Banner, March 14, 1927

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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.


Article from Spokane Chronicle, March 14, 1927

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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.


Article from The Selma Times-Journal, March 14, 1927

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STRIVES TOWEATHER DEPOSITORS OF Leading Bank Of West Palm Beach County Closes BESEIGED CONCERN SAID IN GOOD SHAPE Lake Worth And Delray Institutions Closed WEST PALM BEACH, Fla., March Palm Beach county banks failed to open their doors today while another local financial institution sought to stave off severe run. The Farmers Bank Company West Palm Beach one of the largest banks in this section did open today following mid by Reese its president, that the closing of banks Palm Beach last Tuesday, had precipitated the action. the First Nationa Bank of Lake Worth the Oceal City Bank of Delray did open business morning. No reason for their actions were mad public. T. Hawkins, state ban immediately assume charge the Delray closing Lake Worth left that cit without The Delray bank capitalize $25,000 the Lake Wort while had and posits of $2,623,690, according latest statements. Determined Run long line of men and wome pelting this morning the Citizens Bank of run Palm Beach Mild valled friends the sought influence drawal of funds. The run had abated by with small lines the bank the several window Officials the bank stated the closing hour had in the interests of o'clock depositors. Reports were circulated that truck speeding financial aid with Miami banks. Officials and directors of the Bank who had been in all night, met the run this morni with assuring the positors that sufficient funds been obtained to pay everyone that the bank "would not close or hereafter." believe that the ordeal Palm Beach has which will factor the lishment of confidence,' the declared. Citizens Bank together Farmers Bank the weathered which resulted in the three


Article from The Bradenton Herald, March 14, 1927

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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. The United States army is one of the few institutions in the world that operates on cash basis. All its bills are paid monthly.


Article from The Falls City Journal, March 14, 1927

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BANK Fourth Palm Beach Bank in Week and Seventh in Months Closed Doors Today. West Palm Beach, Fla., March 14. Farmers' Bank and Trust Company, the fourth bank at the Palm Beach to close in week, failed to open its doors today. Effect of the announcement of the closing could not be told as the other banks opened for business. Continuances of the runs which followed the sudden shutdown of (three institutions last Tuesday was expected. The Farmers' Bank and Trust company long had been regarded as one of the strongest banks here, and was one of the largΓ©st in south Florida. Curtains have been drawn over seven banks in the two cities since June, 1926. West Palm March 14 First National Bank of Lake Worth and the Ocean City Bank Delray, closed their doors today following failure of the Farmers' Trust company to open. The two institutions closed without any previous Six banks in the district closed within week and nine in less than year. Frenzied depositors were gathered in small groups about the streets here, and runs on the maining banks are feared. Attempts were being made by othimport funds from Miami Jacksonville to stave continuance of the run. No chartered bank is now open at Palm Beach result of last week's failures, and indications today were that members of the millionaire colony might take hand in the situation.


Article from The Sedalia Democrat, March 14, 1927

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Started On Another West Palm Beach Is Being Cared For. WEST PALM BEACH, Fla., Mar. Palm Beach County banks failed to open their doors while another local financial stitution sought stave off The Farmers Bank and Trust Company of West Palm Beach did not today following mid night its presithat the closing of local Palm Beach Bank last Tuesday had the action. the First National Bank Lake and the Ocean City Bank Delray did not open this No for their separate made long men and braved pelting here this morning determined the Citizens Bank Palm Beach. sizeable crowd started forming an hour before usual opening time and was mented by the reports that Farmers Bank had not been opened. The line hard shower dispersed curious crowds which jam traffic this intersection. Arrival from armored truck noon with twelve sacks paper currency for the Citizens Bank prompted bank officials that the bank to open until six o'clock tonight to meet every demand depositors. The line of patrons dwindled, and crowds continued past the corner. President Maxfield of the Citizens Bank issued statement in which said the bank would not close urged depositors trust officials. WEST PALM BEACH, March Ocean City Bank Delray failed to open its doors today, making the third bank with radius miles close this morning. Hawkins, state bank examiner, in charge. WEST PALM BEACH, Mar. First National Bank Lake Worth, failed to open its doors this morning. This leaves banking institution in Lake Worth, First Bank and Trust Company having closed on The Farmers Bank and Trust Company which withstood run when three banks the resort closed, announced last through Reese, presi the bank would not be open business today.


Article from The Times Leader, March 15, 1927

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FLORIDA BANK RUNS SUBSIDE Inactivity of Real Estate Market Given as Cause of Recent Closings West Palm Beach, Fla.; March 14 (P)-A quieter tone prevailed in the Palm Beaches tc-night 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, leaving only short lines of depositors at the windows. Two of the three banks remaining open here did not expect runs. They observed the regular closing hours The Citizens Bank, however, announcing that plenty of funds had been obtained to pay every depositor remained until o'clock to meet all requests for payment. The return to normality was aided largely by the airival from Miami of twelve sacks of currency for the Citizens Bank. The banks which did not open today included the Bank & Trust Co., one of the largest banking institutions here. The bank was closed temporarily, it was anThe First National Bank of Lake Worth and the Ocean City Bank of Delray were the other banks which did not open to-day. No official


Article from Beatrice Daily Sun, March 15, 1927

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OCCUR DRIVING Deluged Depositors Refuse to Fall Out Of Lines West Palm Beach, March run the Citizens bank which started the nine opening hour and continued until early afternoon, abated o'clock this afternoon with small lines within the bank and the windows. The long line of trons was previously stretched most block on one street and half block on another, had disappeared and only curious throng specremained. Financial Crash The Bank Trust comof West Palm Beach, of the largest banks in this section, did not open today following midnight president, that the closing two local banks and Palm Beach bank last Tuesday had precipitated the the First National bank of Lakeworth and the Ocean City bank of Delray did not open this morning. No reasons for their separate actions were made public. Hawkins, state bank examiner, assumed charge of the Delray instltution. The closing at Lakeworth left that city without bank. The Delray bank was capitalized $25,000 deposits aggregating and the Lakeworth bank had capital of and deposits of both in their last statements published in July 1926. long line of men and women braved pelting. rain here this morning determined run the Citizens bank of West Palm Beach. sizeable crowd startforming hour before its usual opening time and augmented by reports that the Farmers bank had not been opened. The stretched solid almost on Clematis street and Narcissus street half block. Mid excitement prevailed, while friends of the bank sought talk with each person in line in an tempt influence all against withof funds. The line remained intact. though hard shower dispersed lous crowds which threatened times to jam traffic at this intersection. Officials and directors of the Citihad been session the run this forning all night, met with statement showing the depositors that sufficient funds been obtained to pay every one and that the bank not close now or hereafter.'


Article from The Sioux City Journal, March 15, 1927

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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.


Article from The Herald Statesman, March 15, 1927

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NEW FLORIDA BANK FAILURES Palm Beach County Institutions Close DoorsFarmers' Bank And Trust Company Is One (By The Associated Press) West Palm Meach, Fla. Three Palm Beach county banks failed to their doors today, while another local financial institution sought off severe run. The and Trust Company of West Palm Beach, one the largest banks this section, did not open today midnight by that the two banks and Palm Beach bank last Tuesday had precipitated the action the First National Bank Lake Worth and the Ocean City Bank Delray did not this for their public Hawkins, bank examiner, charge the institution. The closing at Lake Worth left that city without The Delray bank capitalized at $25,000, with deposits aggregating and Lake Worth Bank had capital of $100.000 and deposits in their last ments published in July, 1926. long line of men and women braved intermittent rain here this morning determined run Citizens Bank West Palm Beach.' sizeable crowd started forming hour. Lefore its usual opening time augmented by the ports that the farmers bank had not been opened. Mild excitement vailed, friends of the to each in line attempt to all against with. drawal of funds. Reports circulated that an ar mored substantial financial aid from Miami banks. Officials and directors of the Citizens' Bank ben in all night, met the this morning with state. ment assuring the depositors that suf ficient funds had obtained to pay everyone and that the "bank would not or believe that successful withstanding the ordeal through which West Palm Beach has gone factor the early of confidence." the statement declared. The Citizens' Bank together with the Farmers' Bank last week weathered determined Washington Not Worried Washington, March Treasury officials not worried the banking situation Florida, but characterized the condition of the National banks there "generally good.' The closed first National Bank Lake Worth, Fla., was considered the first important National banking stitution in the State to suspend operations. Lee H. Northeott, National Bank aminer for Florida, charge the National bank situation in Florida.


Article from The Lexington Herald, March 15, 1927

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EXCITEMENT OVER BANK CLOSINGS GROWS LESS Quieter Tone After Big Run on Palm Beach Institution WEST PALM BEACH, Fla., March (AP)-A quieter vailed in the Palm Beaches tonight, period of excitement day when determined run pn the Citizens Bank, prompted the closing of three Palm Beach county banks, abated early the afternoon leaving only short lines of depositors the windows. Two of the three banks remaining open. here did not experience runs. They regular closing hours. The Citizens Bank, however, announcing that plenty of funds had been obtained pay every deposremained open until o'clock to meet all requests for payments. An armored truck arrived from Miami during the day bearing twelve sacks of currency for the beleaguered Citizens Bank." The banks which did not open for business today included Farmers Trust Company, the First National Bank, Lake Worth, and the Ocean City Bank, of Delray.


Article from The Tampa Tribune, June 21, 1927

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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.


Article from The Tampa Tribune, June 26, 1927

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CHARGE ALLEGES POLITICS FIXED BANK RECEIVER Rep. Catts and Amos Named in East Coast Petition WEST PALM BEACH, June 25.charge that Representative Sidney J. Catts, Jr., of this district, had made political "deal" with State Comptroller Ernest Amos for the appointment of C. W. Bethel as receiver for the closed Ocean City Bank of Delray was made today in petition opposing the appointment filed by Halstead L. Ritter, representing certain depositors of the bank.. Appointment Opposed The petition was filed at a confirmation hearing before Circuit Judge C. E. Chillingworth this morning Representing, according to Attorney Ritter. about 70 percent of the bank's depositors, the petition opposed Bethel's appointment on the grounds that he did not have experience in banking matters: that the appointment was not made for the best interests of the depositors: that the appointment was made as result of political deal between the comptroller and Representative Catts: that the appointment would place Bethel under obligation to Representative Catts which would not be for the best interests of the depositors: that the comptroller and Catts had refused to take steps to withdraw the appointment of Bethel as requested by a committee of depositors. A motion to strike the petition from the records was filed by attorneys representing Amos. Judge Chillingworth took the motion under advisement. Catts Denies Charge Representative Catts, who has no legal status in the case, denied that the appointment of Bethel was made as the result of any political deal. He admitted that he recommended Bethel for the position just as he might have recommended the appointment of game warden or other appointive officer and declared that the appointment would place no one under obligations. One of the reasons he did not withdraw his recommendation for Bethel's appointment, he said, was because his opponents wanted Ben F. Sundy appointed to the place, and he opposed Sundy because he was cashier of the bank when it closed. Catts is the son of Florida's wartime governor.


Article from The Tampa Tribune, June 28, 1927

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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." France is this year celebrating the centenary of Romanticism and manuscripts and personal relics of famous authors are on exhibition.