1966. Bank of Homestead (Homestead, FL)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
June 11, 1930
Location
Homestead, Florida (25.467, -80.446)

Metadata

Model
gpt-5-mini
Short Digest
3c5f1d122d9606a9

Response Measures

None

Description

The Bank of Homestead closed June 11, 1930 'to avoid a local bank run' after failures/closures in Miami. It suspended then reopened about 60 days later (Aug 11, 1930) to distribute a 35% dividend under the state comptroller/liquidator. Later 1936 notices show liquidator actions (foreclosure sales) consistent with liquidation of the institution after suspension.

Events (4)
1. June 11, 1930 Run
Cause
Local Banks
Cause Details
Depositor nervousness and heavy withdrawals prompted by failures/closures of several Miami banks (Bank of Bay Biscayne and affiliates).
Measures
Closed after opening for a short time to avoid a local run; posted notice of temporary suspension.
Newspaper Excerpt
the bank was in good condition and that suspension of business was but temporary, taken for the purpose of avoiding a local bank run on account of bank failures today in Miami.
Source
newspapers
2. June 11, 1930 Suspension
Cause
Local Banks
Cause Details
Directors/management suspended payments to protect depositors in face of heavy withdrawals triggered by other Miami banks' failures/closures.
Newspaper Excerpt
The Bank of Homestead closed its doors at 10 a. m. E. S. T today after opening for a short time...suspension of business was but temporary, taken for the purpose of avoiding a local bank run on account of bank failures today in Miami.
Source
newspapers
3. August 11, 1930 Reopening
Newspaper Excerpt
Approximately $24,000 in state comptroller's checks was waiting for Bank of Homestead depositors when the institution opened its doors yesterday. The checks...represent the first dividend of 35 per cent on deposits. Exactly 60 days has elapsed since the bank suspended.
Source
newspapers
4. September 7, 1936 Other
Newspaper Excerpt
M. A. SMITH, as Liquidator of Bank of Homestead, a Florida banking corporation...will offer for sale at public auction... Said sale to be had for the purpose of satisfying said decree.
Source
newspapers

Newspaper Articles (18)
1. June 11, 1930 Washington Daily News Washington, NC
Article from Washington Daily News, June 11, 1930

Click image to open full size in new tab

Article Text

One of Miami, Fla., Leading Banks Was Closed Early Today MIAMI, Fla. June 11.-(AP)-The doors of the Bank of Bay Biscayne, one of the leading financia] institutions of the city, failed to open this morning. A sign on the door read: "Closed by.order of directors for the protection of depositors." The last quarterly statement of the and total resources of $17,132,292. HOMESTEAD, Fla., June -The bank of Homestead closed its doors at 10 a. m. E. S. T today after opening for a short time. Assistant Cashier H. Grady Smith said the bank was in good condition and that suspension of business was but temporary, taken for the purpost of avoiding a local bank run on ac count of bank failures today in Miami.

2. June 12, 1930 The Washington Herald Washington, DC
Article from The Washington Herald, June 12, 1930

Click image to open full size in new tab

Article Text

MIAMI. Fla., June 11 Nervousness among depositors in five local banks decreased late today with the arrival of 000 cash by airplane from Jacksonville and optimistic ports from city and State bank ing officials. Failure to open for business today the city's largest and oldest financial institution and three branches sent depositors for information and their money and caused an other bank to shut down to avoid run. Bank of Bay Biscayne with its affiliated Biscayne Trust Company. Bank Coral Gables and Miami Beach Bank and Trust Company stood closed behind the notice officials that action lowed consultation with State comptrollers. heavy withdrawals recently and reported "frozen The Bank of Homestead shut down early with the expressed purpose of avoiding The Bay Biscayne Bank. capitalized at holds $15,000.in deposits.

3. June 12, 1930 The Owensboro Messenger Owensboro, KY
Article from The Owensboro Messenger, June 12, 1930

Click image to open full size in new tab

Article Text

FLORIDA BANKS CLOSE THE DOORS Miami's Oldest, With 3 Affiliated Concerns Fail To Open. Miami, Fla., June 11. (P)-The Bank of Bay Biscayne, with deposits of $15,037,198, and three affiliated financial institutions, failed to open for business today. A statement by directors of the bank attributed the closing to "recent substantial with. drawals." The affiliated banks were the Biscayne Trust company, the Miami Beach Bank and Trust company, and the Bank of Coral Gables. The Bank of Bay Biscayne in its quarterly statement showed deposits of $15,037,198 and total deposits $17,182,292. J. H. Gilman is president of the bank. The Bank of Bay Biscayne is Miami's oldest bank. It has one of the finest buildings in the city, a $400,000 structure erected in 1925. TEMPORARY CLOSING Homestead, Fla., June 11. (P)The Bank of Homestead closed its doors today after opening for a short time. An announcement was made by Assistant Cashier H. Grady Smith saying the bank was in good condition and that suspension of business was but temporary, taken for the purpose of avoiding local bank run on account of bank failures today in Miami. Smith said the bank expects to open in a few days. NEW JERSEY BANK CLOSES Vineland, N. J., June 11. (P)-The Vineland Trust company was taken over today by the state commissioner of banking and insurance to investigate its condition. The company did not open for business today. The trust company, which was organized about 25 years ago, has a capital of $100,000 and a surplus of $100,000. Its total deposits, according to statement as of March 27, were $1,800,619.

4. June 12, 1930 The San Bernardino County Sun San Bernardino, CA
Article from The San Bernardino County Sun, June 12, 1930

Click image to open full size in new tab

Article Text

SCARE (By United Press) MIAMI, Fla., June among depositors in five banks late today, with the arrival $2,000,000 cash by airplane from Jacksonville, and timistic reports from city and state banking officials. Failure to open for business day by the city's largest and oldfinancial and its branches sent depositors rying for and their money, caused another bank shut down avoid run, and stopped abruptly hearing the residence of pone, Chicago gang leader. Bank of Biscayne, with its lated Trust Co., Bank Coral Gables and Miami Beach Bank Trust Co. stood closed behind the notice of officials that action followed with state heavy als recently and reported "frozen assets. The Bank of Homestead shut down early, the expressed purpose The Bay Biscayne bank, capitalized $1,000,000, holds deposits. State banking officials at Tallahassee blamed "talk around the state, and frozen asserts for failure the banks, and added the same assets have the failure of five banks in the American Bank Trust, the Ninth Street Bank Trust, Fidelity, First and First with total capital stock They explained that possible loss depend naturally upon ability liquidate assets, would not quote an estimate. They added after effects of the Florida boom collapse, and last year's fruit possible factors. They (Continued no Page insisted the situation not acute.

5. June 12, 1930 The Oklahoma News Oklahoma City, OK
Article from The Oklahoma News, June 12, 1930

Click image to open full size in new tab

Article Text

MORE FLORIDA BANKS SUSPEND Total Closures Recently Reach 12; Rush Money to In- June Bank of and the Guaranty Title and Trust smaller also bringing 12 recent bank in Florida. Clearwater on the Florida west Arrival Miami of by airplane and several reassuring statements state banking officers helped allay the who had funds in five banks which closed Wednesday In addition to the plane shipment 000,000 expected by rail to aid in restoring confidence. The which the Bank Bay Co., 148; the Miami Beach Bank Trust Bank Coral Gables, and the Bank of Homestead.

6. June 12, 1930 Chattanooga Daily Times Chattanooga, TN
Article from Chattanooga Daily Times, June 12, 1930

Click image to open full size in new tab

Article Text

FIVE BANKS CLOSE DOORS IN FLORIDA Four in Miami, One in Homea stead Unable to Meet 'Runs.' Bank of Bay Biscayne Announces Deposits of $15,Helps. MIAMI, Fla., June 11 (A).-The Bank of Bay Biscayne, oldest financial institution of South Florida, and three subsidiaries in metropolitan Miami failed to open for business today. The subsidiaries are the Miami Beach Bank and Trust company, the Bank of Coral Gables and the Biscayne Trust company. Notices posted on the doors of the institutions said the action had been taken by directors "for protection of depositors" and because of "recent substantial withdrawals. fifth banking house, the Bank of Homestead, closed after being open an hour, with the statement that it would reopen in few days. Homestead is thirty miles south of Miami. The Bank of Bay Biscayne listed total resources of and deposits of as of March 27, 1930, in its late quarterly report. President James H. Gilman declined to give later figures as to the bank's condition or of the amount of recent withdrawals Capital stock was listed as $1,000,000 and surplus and profits at In issued by the subsidiaries at the same time, the Biscayne Trust was listed as having $1,520,041 and resources. The Miami Bank and Trust $2,349,943 deposits and $2,539,281 resources. The Bank of Coral Gables listed deposits of $606,598 and resources of Heavy withdrawals were reported by other banks of the city, but the arrival of $2,000,000 in cash by from Jacksonville of the Federal Reserve bank this and the announcement by Gov. E. R. Black, the Federal bank in Atlanta, that total of $6,000,000 in cash was en route here was expected by banks to allay fears of depositors before tomorrow. President E. C. Romfh, of the First National bank, said his institution had paid out $500,000 to large number of depositors today and that sufficient cash was available to meet all demands. The First National closed at its regular 2 o'clock hour. The City National bank remained open after its regular closing hour to give withdraw their money if they chose President Hugh Gordon, Jr., said withdrawals had been approximately $350,000 and that funds were available for all depositors seeking them. Other banks reported heavy withdrawals. It was estimated that between 8,000 and 10,000 affected by the closing of the Miami area banks. L. Chandler, chairman of the board of directors of the Homestead bank, said the institution had been closed in order to prevent a run. and damage estimated at nearly $1,000,000 was caused by a fire which raged for several hours before being brought under control tonight at the plant of the company oil refinery, just outside the city limits here. All of the injured were employes of the refinery. Leonard Hatch, the most severely burned of the twelve, was in critical condition. W. K. Holmes, superintendent of the plant, estimated the damage would be "slightly more than 1,000,000. The fire started late today with an explosion from an undetermined one of the treating units, quickly followed by lesser blasts in five other units. The treating units, known agitators, the handle the oil in one step of refining process. At the first blast pieces of metal and sheets of flaming oil were thrown for hundreds of yards, setting conflagration which within short time was consuming all of the refining equipment within an area about the size of a city block.

7. June 12, 1930 Waukegan News-Sun Waukegan, IL
Article from Waukegan News-Sun, June 12, 1930

Click image to open full size in new tab

Article Text

RUSH FUNDS TO FLORIDA BANKS MIAMI, Fla., June 12 (U.P.) The arrival of $2,000,000 in cash by airplane and several reassuring statements by state banking officers helped today to allay the uneasiness of depositors who had funds in five banks which closed here yesterday One of the banking officials insisted the situation was not acute, and declared that the conditions which led to the closures would have adjusted themselves if there had not been unfavorable "talk," some of it by bankers themselves The banks which closed were the bank of Bay Biscayne, with resources of $17,182,292; the Biscayne Trust company. with $1,962,148 the Miami Beach Bank and Trust company, with $2,593,281 the bank of Coral Gables. with $743,759 and the bank of Homestead The bankers said they were confident normaley would be restored promptly when the public understood the cause of the heavy run made on the institutions They had the assurance of additional aid from the Federal Reserve if it were needed, they said FINDS OLD PAPER ing among the drawers of an old sideboard. William Bonnell found an old newspaper giving the account of the death and burial of George Washington.

8. June 12, 1930 The Wichita Eagle Wichita, KS
Article from The Wichita Eagle, June 12, 1930

Click image to open full size in new tab

Article Text

IN FLORIDA SHUTS DOORS Subsidiary Institutions Suit Following Heavy Runs MIAMI, FLA., June Bank Bay Biscayne, oldest nancial institution South Florida, and three in metropolitan Miami failed to open for business today. the Miami Beach Bank Trust company, the Bank Gables, and the BisTrust Notices posted on the doors of the said the had been taken by depositors" and because of "recent fifth banking house, the Bank Homestead, after being open hour, with the statement would few days. Homestead south Miami. Officials said the closed The Bank of Bay Biscayne listed total and of March in its last Capital listed and surplus and profits at $1,145,Other banks in the city and in the heavy during the

9. June 12, 1930 The Bellingham Herald Bellingham, WA
Article from The Bellingham Herald, June 12, 1930

Click image to open full size in new tab

Article Text

MONEY FLOWS IN FIRE LOSS IS HEAVY REGISTERED QUAKE Refineries of Texas Oil Company Are In Flames PORT ARTHUR. Tex., June 12.the refineries the Texas Company near here billows of sending flame and feet of the air and taking toll of life property. Starting undeterminer origin the plant, fire destroyed refining unit and vastated an eight blocks square Damage estimated at between $3,000,000. Hatch, died in hospital here today from burns when tanks of and exploded in the terrific heat. Eleven other were burned when flaming oil and for pitals. Another slight bruises. Physicians all the injured The fire started in of the one treating units, where, oil treated by chemicals, spread quickly to nearby structures. Employes were unable escape before the three tanks exploded. As uninjured employes clothing of the fire spread to the huge The oil-soaked ground and buildings caught fire easily, and the blaze spread 80 fast that feremen could not cope 200 feet away from the Employes and officials alike labored construct fire breaks keep the flames from spreading. was thought they had fire to the unit in which Damage to the refinery was mated K. Holmes, plant superintendent. An engineer the company that the loss might mount as high as before the The pumphouse, fertilizer plant, three tanks of oil and gasoline and six batteries of treating units were destroyed. Disturbance Believed Not Far From Puget Sound hour duration, which at 1:51 and was 'not far was described today seismoregistered graphs at the University of Washington. THREE SHOCKS REGISTERED earthquake were registered the St. Louis university today on Father Joseph Joliet The disturbances about miles distant. first 1,140 few The second. lasted 45 minutes third short. All the were of medium intensity. Rush On Southern Florida Banks Believed at End MIAMI. Fla., June arrival $2,000,000 in cash The airplane and several reassuring state banking offistatements by cers helped allay the of depositors funds in which yesterday. In addition the plane ship$4,000,000 was expected by rail today to aid in restoring confidence. One the banking officials inthe situation not that conditions which closures would have adjusted themselves there had not unfavorable "talk," bankers The closed were the Bank Biscayne, with resources of the Biscayne Trust Company, with and Miami Beach Bank and Bank Coral Gables, with and the Bank of Homestead. Local bankers said they were confident be stored the public the the heavy made the institutions. They the assurance of additional aid from the federal reserve if it were needed, they said. FAIL TO OPEN Fla., June small financial instituthe Bank of Clearwater Guaranty Title Trust failed today. Notices pany. stated the had been asked to take charge to protect depositors.

10. June 12, 1930 The Belleville News-Democrat Belleville, IL
Article from The Belleville News-Democrat, June 12, 1930

Click image to open full size in new tab

Article Text

in Florida Banks Being Regained Miami, June arrival of $2,000,000 in cash by plane and several reassuring statements by state banking offiiers helped today to allay the uneasiness of depositors who had funds in five banks which closed here yesterday One the banking officials sisted the situation was not acute, and declared that the conditions which led to the closures would have adjusted themselves there had not been unfavorable "talk," some of bankers themselves. The banks which closed were the Bank of Bay Biscayne, with sources of $17,182,292; the Biscayne Trust Company, with the Miami Beach Bank and Trust Company, with $2,593,281; the Bank of Coral Gables, with and the Bank of Homestead. The bankers said they were confident normalcy would be restored promptly when the public understood the cause of the heavy made on the institutions. They had the assurance of additional aid from the Federal Reserve if it were needthey said.

11. June 12, 1930 The Knoxville News-Sentinel Knoxville, TN
Article from The Knoxville News-Sentinel, June 12, 1930

Click image to open full size in new tab

Article Text

MIAMI RECEIVES MONEY BY PLANE $2,000,000 Rushed to City Where Five Banks Closed. By United Press MIAMI, Fla.-The arrival of $2,000,000 in cash by airplane and several reassuring statements by state banking officers helped today to allay the uneasiness of depositors who had funds +n five banks which closed yesterday. One of the banking officials insisted the situation was not acute, and declares the conditions which led to closures would have adjusted themselves if there had not been unfavorable "talk," some of it by bankers themselves. It was said today that an additional $4,000,000 was being rushed Into the Miami district by mail. It will arrive this afterThe banks which closed were the Bank of Bay Biscayne, with resources of $17,182,292; the Biscayne Trust Co., with $1,962,148; the Miami Beach Bank & Trust Co., with $2,593,281; the Bank of Coral Gables, with $743,759, and the Bank of Homestead. Local bankers said they were confident normality would be restored promptly when the public understood the cause of the heavy run made on the institutions. They had the assurance of additional aid from the Federal Reserve if it were needed, they said. CLEARWATER BANK FAILS By United Press Bank of Clearwater, capitalized at $250,000 and the Guaranty Title and Trust Company, smaller institution, also of Clearwater, went into the hands of the state banking department today and closed their doors.

12. June 12, 1930 Transcript-Telegram Holyoke, MA
Article from Transcript-Telegram, June 12, 1930

Click image to open full size in new tab

Article Text

$2,000,000 BY AIR FOR FLORIDA BANKS Five in Miami Open Relieved. ness depositers in five local banks with the arrival in cash by airplane from and optimistic reports from and offici. als. Failure to for business the largest oldest finanand three branches depositors scurrying for information their money, caused another bank to shut down to run, stopped abruptpadlock heading the residence of Scarface, Chigang leader. Bank Bay Biscayne with its Biscayne Trust Bank Gables and Miami Beach Bank Trust Co. stood closed hind notice officials that tion followed consultation heavy recently and reported "frozen The Bank of Homestead shut down with the expressed puravoiding The Bay Biscayne Bank, capitalized at $1,000,000 hold State banking officials at Talla. blamed around the and frozen assets for failure the Biscayne banks and the assets failure of five recently erican Bank the Ninth Street Bank Trust, Fidelity, First First National. with capital of President Romfh of the Miami First National of the brought by plane would be used other the closed houses.

13. July 10, 1930 The Miami Herald Miami, FL
Article from The Miami Herald, July 10, 1930

Click image to open full size in new tab

Article Text

Liquor raid netted $250,000 cargo, yacht and motor trucks. Republican Chairman Huston will post meeting today. Page New Orleans fireman plunged stories pavement and picked alive. Page Soaring temperatures increased Page Glenn Curtiss, pioneer aviator, excused board of physicians from testifying patents right trial because of illness. Page Racketeering charges in Lingle murder run against blank wall. Page Debate secret notes pact delay naval treaty senate. Page Overthrow labor government in England blocked by Liberal party's votes. Page City. French air mail pilot forced down in ocean off South America rescued. Page One killed. several wounded dian rioting. Page Two additional bands have been obtained for Miami's anniversary celebration. Page Passenger list of steamer Berkshire shows increased summer traffic. Page Mother of Miami Beach pier dead. Page Woman's arm broken in motor accident. Page park* department valued City plants Page 14. Report Kiwanis convention which Miami for next year's meeting made. Page Duncan approved liquidator for closed Bank of stead. Page Woman reported purse containing clippings of murder snatched by bandit. County called meeting to consider publicity needs. Page Airport Activities. Brisbane's Comics. Crossword Puzzle. Docks and Decks. Editorials. Men's Calendar. Page Page Page 10. Page Page Page Page Pages and Page 14. Radio Programs. Society Sports. Theaters.

14. August 12, 1930 The Miami News Miami, FL
Article from The Miami News, August 12, 1930

Click image to open full size in new tab

Article Text

BANK DISBURSES FIRST DIVIDEND OF 35 PER CENT $24,000 in Comptroller's Checks Distributed in Homestead REDLAND DISTRICT BUREAU Approximately $24,000 in state comptroller's checks was waiting for Bank of Homestead depositors when the institution opened its doors yesterday. The checks. signed by Ernest Amos and payable the First National of Miami, represent the first dividend of 35 per cent on deposits. Public funds. secured by government bonds, etc. have been taken of already by sale of the collateral. Throughout the day steady stream of claimants lent the appearance of on the bank to anyone not ae quainted with the situation. All expressed much satisfaction at the speedy and efficient manner in which the dividend has been prepared by E. P. Duncan. liquidator, aided by W. Dunwoody. former cashier. and H Grady Smith assistant. Exactly 60 days has elapsed since the bank sus pended. According to Mr. Smith. who is in charge the of Cashier in advance with the City National for its armored truck to carry larger supply of than and num ber of depositors took this by cashing their drafts at the on wheels" when it reached here today. Claims not filed in time to benefit by the first payment will be protected by and paid with the second dividend. which should available within 60 days. as liquidation of and loan collections are progressing rapidly.

15. August 3, 1936 The Key West Citizen Key West, FL
Article from The Key West Citizen, August 3, 1936

Click image to open full size in new tab

Article Text

LEGALS NOTICE OF MASTER'S SALE NOTICE IS HEREBY GIVEN that under and by virtue of the Final Decree of Foreclosure rendered in that certain cause pending in the Circuit Court of the Eleventh Judicial Circuit in and for Monroe County, Florida, in which M. A. SMITH, as Liquidator of Bank of Homestead, a Florida banking corporation, is plaintiff, and GEO. L. ENGEL and ANNA J. ENGEL, his wife, are defendants, being Equity Case No. 6-381, the undersigned Special Master in Chancery, appointed by the Court in said Decree, will offer for sale at public auction to the highest and best bidder for cash, at the front door of the Court House of Monroe County, in the City of Key West, Florida, on the 7th day of September, A. D. 1936, between the hours of eleven o'clock A. M. and two o'clock P. M., the property described in said decree, situate in Monroe County, Florida, to-wit: Beginning at a point 328.86 feet East of the Northeast corner of Lot 2, Section 14, Township 61 South, Range 39 East, Key Largo, Monroe County, Florida, and 15 feet South of the North line of Lot 1, running North 87°30' and parallel to the North line of Lot 1 for 197 feet to the shore line of Key Largo Sound, thence Southwest along the water line of Key Largo Sound 115.04 feet, thence South 87°30' West 150 feet, thence North 2°30' West 195 feet to the point of beginning: Said sale to be had for the purpose of satisfying said decree. AQUILINO LOPEZ, JR., Special Master in Chancery. ROBERTS & NELSON, Solicitors for Plaintiff. aug3-10-17-24-31

16. August 10, 1936 The Key West Citizen Key West, FL
Article from The Key West Citizen, August 10, 1936

Click image to open full size in new tab

Article Text

LEGALS NOTICE OF MASTER'S SALE NOTICE IS HEREBY GIVEN that under and by. virtue of the Final Decree of Foreclosure rendered in that certain cause pending in the Circuit Court of the Eleventh Judicial Circuit in and for Monroe County, Florida; in which M. A. SMITH, as Liquidator of Bank of Homestead, a Florida banking corporation, is plaintiff, and GEO. L. ENGEL and ANNA J. ENGEL, his wife, are defendants, being Equity Case No. 6-381, the undersigned Special Master in Chancery, appointed by the Court in said Decree, will offer for sale at public auction to the highest and best bidder for cash, at the front door of the Court House of Monroe County, in the City of Key West, Florida, on the 7th day of September, A. D. 1936, between the hours of eleven o'clock A. M. and two o'clock P. M., the property described in said decree, situate in Monroe County, Florida, to-wit: Beginning at a point 328.86 feet East of the Northeast corner of Lot 2, Section 14. Township 61 South, Range 39 East, Key Largo, Monroe County, Florida, and 15 feet South of the North line of Lot 1, running North 87°30' and parallel to the North line of Lot 1 for 197 feet to the shore line of Key Largo Sound, thence Southwest along the water line of Key Largo Sound 115.04 feet. thence South 87°30' West 150 feet. thence North 2°30' West 105 feet to the point of beginning: Said sale to be had for the purpose of satisfying said decree. AQUILINO LOPEZ, JR., Special Master in Chancery. ROBERTS & NELSON, Solicitors for Plaintiff. aug3-10-17-24-31

17. August 17, 1936 The Key West Citizen Key West, FL
Article from The Key West Citizen, August 17, 1936

Click image to open full size in new tab

Article Text

# LEGALS # NOTICE OF MASTER'S SALE NOTICE IS HEREBY GIVEN that under and by virtue of the Final Decree of Foreclosure rendered in that certain cause pending in the Circuit Court of the Eleventh Judicial Circuit in and for Monroe County, Florida, in which M. A. SMITH, as Liquidator of Bank of Homestead, a Florida banking corporation, is plaintiff, and GEO. L. ENGEL and ANNA J. ENGEL, his wife, are defendants, being Equity Case No. 6-381, the undersigned Special Master in Chancery, appointed by the Court in said Decree, will offer for sale at public auction to the highest and best bidder for cash, at the front door of the Court House of Monroe County, in the City of Key West, Florida, on the 7th day of September, A. D. 1936, between the hours of eleven o'clock A. M. and two o'clock P. M., the property described in said decree, situate in Monroe County, Florida, to-wit: Beginning at a point 328.86 feet East of the Northeast corner of Lot 2, Section 14, Township 61 South, Range 39 East, Key Largo, Monroe County, Florida, and 15 feet South of the North line of Lot 1, running North 87°30' and parallel to the North line of Lot 1 for 197 feet to the shore line of Key Largo Sound, thence Southwest along the water line of Key Largo Sound 115.04 feet, thence South 87°30' West 150 feet, thence North 2°30' West 105 feet to the point of beginning; Said sale to be had for the purpose of satisfying said decree. AQUILINO LOPEZ, JR., Special Master in Chancery. ROBERTS & NELSON, Solicitors for Plaintiff. aug3-10-17-24-31

18. August 24, 1936 The Key West Citizen Key West, FL
Article from The Key West Citizen, August 24, 1936

Click image to open full size in new tab

Article Text

LEGALS NOTICE OF MASTER'S SALE NOTICE IS. HEREBY GIVEN that under and by virtue of the Final Decree of Foreclosure rendered in that certain cause pending in the Circuit Court of the Eleventh Judicial Circuit in and for Monroe County, Florida, in which M. A. SMITH, as Liquidator of Bank of Homestead, a Florida banking corporation, is plaintiff, and GEO. L. ENGEL and ANNA J. ENGEL, his wife, are defendants, being Equity Case No. 6-381, the undersigned Special Master in Chancery, appointed by the Court in said Decree, will offer for sale at public auction to the highest and best bidder for cash, at the front door of the Court House of Monroe County, in the City of Key West, Florida, on the 7th day of September, A. D. 1936, between the hours of eleven o'clock A. M. and two o'clock P. M., the property described in said decree, situate in Monroe County, Florida, to-wit: Beginning at a point 328.86 feet East of the Northeast corner of Lot 2, Section 14, Township 61 South, Range 39 East, Key Largo, Monroe County, Florida, and 15 feet South of the North line of Lot 1, running North 87°30' and parallel to the North line of Lot 1 for 197 feet to the shore line of Key Largo Sound, thence Southwest along the water line of Key Largo Sound 115.04 feet, thence South 87°30' West 150 feet, thence North 2°30' West 105 feet to the point of beginning; Said sale to be had for the purpose of satisfying said decree. AQUILINO LOPEZ, JR., Special Master in Chancery. ROBERTS & NELSON, Solicitors for Plaintiff. aug3-10-17-24-31