2033. City National Bank (Miami, FL)

View Charter #13159 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
13159
Charter Number
13159
Start Date
December 22, 1930
Location
Miami, Florida (25.774, -80.194)

Metadata

Model
gpt-5-mini
Short Digest
e9768ed98269cc27

Response Measures

Accommodated withdrawals, Fed/other loan, Public signal of financial health, Full suspension, Books examined

Receivership Details

Depositor recovery rate
40.0%
Date receivership started
1930-12-23
OCC cause of failure
Governance
Share of assets assessed as good
44.6%
Share of assets assessed as doubtful
46.2%
Share of assets assessed as worthless
9.1%

Description

Multiple contemporaneous articles (Dec 22, 1930) report a run on City National Bank of Miami caused by malicious rumors; directors closed the bank to protect depositors. A receiver (H. Spurway) was in charge by Dec 30, 1930 and later pursued suits and asset dispositions, indicating permanent closure and receivership.

Events (5)
1. December 31, 1927 Chartered
Source
historical_nic
2. December 22, 1930 Run
Cause
Rumor Or Misinformation
Cause Details
Board and contemporary reports attributed heavy withdrawals to malicious rumors about the bank's condition.
Measures
Directors decided not to open the bank and closed it to protect depositors; notices posted on doors; state bank examiners involved.
Newspaper Excerpt
heavy withdrawals, 'due to malicious rumors' regarding the bank's condition
Source
newspapers
3. December 22, 1930 Suspension
Cause
Rumor Or Misinformation
Cause Details
Directors closed (failed to open) the bank following substantial withdrawals blamed on malicious rumors; closure described as to protect depositors.
Newspaper Excerpt
the board said heavy withdrawals, 'due to malicious rumors' ... decided not to open this bank
Source
newspapers
4. December 23, 1930 Receivership
Source
historical_nic
5. December 30, 1930 Receivership
Newspaper Excerpt
Depositors of the City National Bank ... will know their showing of their accounts tomorrow, Spurway, national bank receiver, who is in charge, yesterday. (Miami Herald, 1930-12-30.)
Source
newspapers

Newspaper Articles (24)
1. June 12, 1930 Tampa Bay Times St. Petersburg, FL
Article from Tampa Bay Times, June 12, 1930

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Millions Sent To Miami Banks from Page clined to give later figures as to the bank's approximation of the amount of recent withdrawals. Capital stock was listed surplus profits at statement issued by the subsidiaries same time, the Biscayne Trust company was listed having $1,520,041 deposits and resources. Miami Beach Bank Trust company showed $2,349,943 deposits and $2, The Bank Coral Gables listed deposits of $606,of Withdrawals Are Heavy Heavy withdrawals reported by other banks of the city, but the arrival of in cash by airplane from Jacksonville depository Reserve bank this by Gov. R. Black of the Federal Reserve bank that total $6,000,000 in route banks to allay fears of depositors before President E. C. Romfh of the First National bank, said his had paid out $500,000 large today, and that cash was available meet all demands. The First closed at its regular o'clock The City National bank open after its reqular closing hour give depositors money they chose. President Hugh Gordon, withdrawals had and that funds were for all Flies To Miami Creed of the Federal bank this district here today by airplane from Tampa. went conferthe of Bay the Arthur W. Saarinen, banking took affairs of the closed bank formal from President Gilman the of the this with the was not the open this bank and its affiliated the pany, Miami and Trust comthe Bank of all order of our deposthe fullest extent. "This made after due consideration, was due to recent substantial withdrawals.' It was estimated that between 8,000 and affected of the Miami area banks. L. Chandler, chairman of the of the bank, said the had been closed measure in order to prevent run. APPOINTED Appointment Duncan of Miami, for Dade Broward the five banks which failed Dade county today was by Comptroller ErAmos Four of the banks-the Bank of Bay Biscayne Trust company, Miami Beach Bank and Trust company, Bank Coral Gables -suspended during forenoon. later department the the Fla., which capitalized $35,000.

2. June 12, 1930 The Sioux City Journal Sioux City, IA
Article from The Sioux City Journal, June 12, 1930

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FOUR BANKS IN FLORIDA CLOSE Miami Institution and 3 Branches Fail to Open Doors Miami, Fla.-(P)-The Bank of Bay Biscayne, with deposits of $15,037,198 as of the March 27 statement, and three affiliated financial institutions, failed to open for business Wednesday. A by directors of the bank attributed the closing to "resubstantial withdrawals.' 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 resources of $17,182,292. J. H. Gilman is president of the bank. The Biscayne Trust company had $1,520,040 deposits and $1,962,14 resources. The Miami Beach Bank and Trust company had deposits of 943 and resources of $2,539,281 The Bank of Coral Gables, the third of the affiliated institutions, had deposits of $606,598 and resources of $743,759 Money Sent by Airplane E C. Romfh, president of the First National bank, said that $2,000,000 left Jacksonville by airplane Wednesday from the federal reserve depository there. He said the First National bank and its subsidiaries has money on hand to play all depositors, if necessary Depositors were orderly as they made withdrawals during the morning from other banks of the city and President Gilman said: "At meeting of the directors Wednesday morning, after consultation with the state comptroller, it was decided not to open this bank and its affiliated institutions, the Biscayne Trust company, Miami Beach Bank and Trust company and the Bank of Coral Gables, in order to protect all of our depositors to the fullest extent. "This decision was made after due consideration and was due to recent substantial withdrawals. Arthur W. Saarinen, bank examiner. has charge of the institution. The bank's resources include loans and discounts amounting to $7,478.458 and securities and commercial paper bonds valued at $5,368,497. Runs on Other Banks Withdrawals from other banks here up to the closing time were made in orderly fashion. bank officials said, and available funds were not E. Romfh, president of the First National bank, Laurie Yonce, Jacksonville pilot, had landed here shortly after 2 p. m. with $2, 000,000 in cash which he brought from the federal depository in Jack Hugh R. Gordon, Jr., president of the City National bank, said that approximately $350,000 had been withdrawn from his bank up to p. m (eastern standard time) and that the doors of the institution would be kept open as long as depositors remained. Mr. Romfh said approximately $500.000 had been withdrawn from the First National bank today telegram signed by E R. Black, governor of the federal reserve district in Atlanta. was posted in the window of the Third National bank which said 000.000 is en route to Miami banks. This total was believed locally to include the that came by airplane from Jacksonville Approximately 10,000 depositors in Miami, Miami Beach and Coral Gables were affected by the bank closings. $6,000,000 Sent to Miami Atlanta R. Black, governor of the Atlanta district of the federal reserve bank, said Wednesday that $6,000,000 was being sent to Miami from the Jacksonville branch of the federal reserve. This money, he said, would be available to all Miami banks that are members of the federal reserve. Mr. Black said $2,000.000 of the amount was sent from Jacksonville to Miami by airplane, and that $4,000,000 more was being sent "by mail.' Asked if any additional amount had been sent from the Atlanta depository of the federal reserve to Jacksonville, Mr. Black said the depository here "is continuously sending money to Jackjsonville, just as it does to the branches in Birmingham, Memphis and other southern Homestead Bank Closes of Homestead closed its doors at 10 a. m. eastern standard time, Wednesday 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 purpose of avoiding a local bank run on account of bank failures in Miami. He said the bank expects to open in a few days.

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

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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.

4. December 22, 1930 The Courier News Blytheville, AR
Article from The Courier News, December 22, 1930

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Whatever His Sympathies, President Will Take No Part in Controversy. WASHINGTON Dec. 22. President Hoover and those most closely associated with him at the White House intend to take no cognizance participate in any the controversy over the stand Ing of Senator George W. Norris Nebraska in* the Republican party. was learned at the White House today. Robert Lucas. executive dlrector of the Republican national committee, yesterday answered tacks upon him alleged secret efforts to bring about the defeat of Senator Norris in the recent election with statement reading the Nebreska solon out of the party. accept office at the hands of this party and then viclously opits politeies, principles brings an situation and one which must be eradicated, the party Is to said "Such conduct by Senater Norms been revolting and until leaders of the Republican party only fall to support, but give their active opposition to men like Norris. they are not doing full duty the party which come down to us from Lincoln." Closing of One Miami, Institution Run Brings On Another. Dec. Bankers Trust company of taken by the state banking department today nounced after board of directors meeting. Samuel H. president of the which twenty branches in Philadelphia, said the bank solvent and that plans for reorganization were already under way. The condition of the bank, accarding to lis statement September lists total resources 501. Deposits were 592. Capital stock was listed was and profits were 293. Dec one bank. the City National closed, line approximately 500 deposformed In front of the First National bank of Miami today desassurances of bank officers that $5,000,000 was on hand In the The First National Is capitalized were handling the crowd before bank Earlier today announcement made by directors of the City that the institution would be closed to protect depositors ing rumors of weakness and heavy withdrawals deposits Friday and The City National has surplus and undivided profits deposits of and total assets statement issued 15. Its closing folof directors which lowed meeting and lasted until began yesterday hour this morning. Dec. of four Greenwood were in the hands of banks today banking officials State assisted their who are being work by committee of depositors and bankers. depositors committee was The named yesterday following mass meeting here mhich bank officers of their assured in straightening out affairs of port the institutions. The four banks closed Saturday following several days heavy withdrawals.

5. December 22, 1930 North Platte Daily Telegraph North Platte, NE
Article from North Platte Daily Telegraph, December 22, 1930

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MALICIOUS RUMOR BRINGS RUN ON BANK; IT CLOSES Miami, Fla., Dec. 22. of the closing of City National bank, Miami's second largest financial institution, was made early today by the board of directors. The board said heavy withdrawals, "due to malicious rumors" regarding the bank's condition, were responsible for the decision to close. It was announced the City National bank of Miami Beach, the City Trust company and the Guardian Trust compnay, subsidiaries of the City National bank of Miami, would not be affected by the closing. statement dated September 24 last gave resources of $7,209,234 and deposits totaling $5,862,662.

6. December 23, 1930 The Oregonian Portland, OR
Article from The Oregonian, December 23, 1930

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bank at Rose Bolivar County and the Dale open their failure said from back was due Greenwood banks at of five closing Saturday. RUMORS CAUSE MIAMI RUN Second Largest Bank in City in Trouble Over Withdrawals. Fla., Dec. MIAMI, of the City the closing nouncement of largest bank, Miami's National made early institution, financial the board today by board said The regarding rumors "due were responsible condition, the to for the Nathat the City It announced the bank of Miami tional the Guardian Trust company of the subsidiaries Trust Miami, would National in City the closing. be affected by not 24 dated September statement resources of 662 deposits surplus of totaling $500,000. The bank was cap italized at $500,000. New York Depositors Get Money. NEW YORK, Dec. 22.-(AP)-The depositors to 5500 task paying loans United States Bank of of the closed of its branches began today six by banks being made are Clearing House affiliated with the to lend had offered depositors sociation. which up to 50 per cent of their deposits. Three Employes Arrested. JONESBORO Ark., Dec. Thomas, W. Scott, and Shipman, assistant bookkeeper of the closed First Na. in Blytheville, were tional bank at prison here today while their attorneys sought to arrange bonds on federal charges brought them for an alleged shortage bank. State Department Takes Charge. ATLANTA Ga. Dec. state of banks today took affairs of the City Bank of the smaller Trust one of Atlanta. the last call on banks September 24 the bank sources $284,593 capital of and of Depositors to Get Money. Ind., Dec. 22.First Bank Trust pany at closed voluntarily today. Luther state bank comwould be said depositors paid full The bank was capitalized $50,000 resources of at

7. December 23, 1930 The Jersey Journal Jersey City, NJ
Article from The Jersey Journal, December 23, 1930

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Another Miami Bank Suspends City Bank Miami heavy yesterday following the closing City National Bank in Miami, did not open this cashier. said the bank closed at the order state bank examiners to probank capital stock of surplus $50,000 and deposits of $600,000 the last call. HARTFORD Conn Hartford banks, the Trust Company Pallotti Andretta Company suspended today Bank Lester Shippee, runs on both inPallotti, Andretta & control of the Riverside Trust ComThe state manual for 1930 gave the capital of the Riverside Trust Comin 1907. as $400. savings deposits and commercial deposits

8. December 23, 1930 The Times Trenton, NJ
Article from The Times, December 23, 1930

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HEAVY RUN CLOSES MIAMI BEACH BANK WHITE CHRISTMAS TODAY'S NEW YORK STOCK MARKET SEEMS PROBABLE TODAY'S NEW YORK CURB EXCHANGE (Associated Press) MIAMI Fla. Dec. City Bank of Miami Beach. which heavy run yesterday following the closing of the City National Bank in Miami, did not open this morning vice president and cashier. said the bank closed at the order of State Bank Examiners to protect its assets The bank had capital stock of $100,000. surplus of $50,000 and deposits of $600,000 at the last call. (Continued from Page One) (United Press) NEW YORK, Dec. Transactions on the New York Stock Exchange were week ago, year ago, .770 1929 and brushes on all important high- date. ,099,693,340; 1930 to date, 796, 629,330. ways at dawn to begin the work of keeping roads open. hired by the State, employed scores of men throughout the central and northern stretches of the Ahumada State, for this Elec issioner Swan declared today Rubber that if the continues many or all of the 350 men hired from the ranks of the for various municipal projects, will be transferred Chem to snow Highway engineers reported that men were work in the central and northern sections of the State, the southern City down free from the fall Atlantic City reported rain The southern tip of New Jersey had no sign of snow. The fall began shortly after 11 o'clock last night and continued with some fury until o'clock this morning Then it began again at b'clock and reached its peak o'clock There 18 now gradual abatement The snow turned this section and its outlying sections into fantastic scene. Every tree and bush was COV. ered with white In the pedestrians found it hard going, the traffic the snow into slush Autoists were forced move with cau. tion and traffic policemen their vigilance to prevent accidents The Trenton Transit Company placed few men at work to keep switches clear. The Pennsylvania and Reading Railalways vigilant in kept torches burning at all switches on the with snow plows readiness for any change in the weather. NEW YORK, Dec. 23 Santa Claus will be able to good part of the United States in his sleigh on Christmas Snow started falling generally today from Virginia to Central New England. in the Great Lakes region and in Ohio and upper Mississippi Valleys. In New York City light snow melted as as it met the pavement but in the suburbs in New Jersey and in Pennsylvania there was an of one three inches Continuation of the snowfall in the East was forecast for tonight and tomorning. Mild temperatures the second day of all of the country but somewhat colder weather tonight was forecase The temperature in New York Chicago and San Francisco at 8 a. in. was 30

9. December 23, 1930 The News Journal Wilmington, DE
Article from The News Journal, December 23, 1930

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Miami Beach Bank Closes. The Associated Fla. City Bank of Miami underwent heavy run following the closing of the City National Bank in Miami, did not this open

10. December 23, 1930 The Daily Worker New York, Chicago, NY
Article from The Daily Worker, December 23, 1930

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Worker Denoritors Organized for Fight (CONTINUED FROM PAGE ONE) Inst year when there was a record number of bank failures. * * MIAMI, Fla., Dec. 22-The City National Bank of this city, the second largest financial institution in Miami, failed today. More than $5,000,000 in deposits is involved. There has been a run on this bank for come time, and in order to cover up the fact that it is the economic crisis which is behind the big increase in bank failures, the board of the City National Bank declared that the closing of the bank was due to "malicious rumors concerning the bank's condition" which really closed it up.

11. December 23, 1930 The Brownsville Herald Brownsville, TX
Article from The Brownsville Herald, December 23, 1930

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Miami Bank Closes After Run Opens MIAMI, Fla., Dec. 23-OP)-The City Bank of Miami Beach. which underwent & heavy run yesterday following the closing of the City National Bank in Miami, did not open today C. L. Clements. vice-president and cashier said the bank closed at the order of state bank examiners to protect its assets. The bank had 2 capital stock of $100.000, surplus of $50,000 and deposits of $600.000 at the last call

12. December 23, 1930 The Richmond News Leader Richmond, VA
Article from The Richmond News Leader, December 23, 1930

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Bank Fails to Open Run City Bank of Miami Beach, which underwent heavy run yesterday following the the City National Bank in Miami, did not open this Clements, president and L. cashier, said the bank closed at the order of bank protect its assets. Conn., Dec. Hartford banks, the Riverside Trust Company, and Pallotti Andretta and were today by Bank Lester E. Shippee, runs on both Institutions progress since last July The National and The City Trust and Savings Bank failed to open today officials issued they "acting for the best interests of de-

13. December 23, 1930 Sun-Journal Lewiston, ME
Article from Sun-Journal, December 23, 1930

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MIAMI BEACH BANK CLOSES AFTER RUN MIAMI. Dec. Miami Beach. after the City National Bank in Miami, did not open Clements, Vice President and cashier the bank closed the order State examiners The had capital stock of $50,000 and deposits of $60,000 the last

14. December 24, 1930 Rushville Republican Rushville, IN
Article from Rushville Republican, December 24, 1930

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Large Miami (Fla.) Bank Fails to Open Miami, Fla., Dec. 23-(AP)The City bank of Miami Beach, which underwent a heavy run yesterday following the closing of the City National bank in Miami, did not open this morning. The bank had a capital of $100,000, surplus of $50,000 and deposits of $600,000 at the last call.

15. December 24, 1930 The Boston Daily Globe Boston, MA
Article from The Boston Daily Globe, December 24, 1930

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MIAMI BANK CLOSED AFTER HEAVY RUN Dec 23 (A. P.)-The City of Miami which run yesterday the closing of the City National Bank in Miami. did not open this morning. L. Clements, vice president and cashier, said the bank closed at the order of State bank examiners to protect its assets The bank had capital stock of $100,000. $50,000 and deposits of $600,000 at the last call. PRIVATE BANK CLOSES PHILADELPHIA, Dec 23 P.)private M. Blitzstein today. notice on the doors read: "On account of heavy withdrawals we

16. December 30, 1930 The Miami Herald Miami, FL
Article from The Miami Herald, December 30, 1930

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DEPOSITORS TO KNOW STATEMENTS TOMORROW Depositors of the City National Bank in will their showing of their accounts tomorrow, Spurway, national bank receiver, who in charge, yesterday. box who do not bank their boxes today, Mr. Those so the but are not required he "Our main idea do our work with little possible to the bank's customers," Mr. Spurway said.

17. January 20, 1931 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, January 20, 1931

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Miami Bank Receiver Gets Authority To Sell Bonds MIAMI. Jan. J. Spurway, receiver for the closed City National bank in Miami, was authorized today to sell and agree to the sale of all bonds. stocks and other curities owned or dged by the bank. in general order signed by Federal Judge William B. Sheppard. The receiver's petition said the bonds. stocks and other securities had total par value of $3,476,360 and total value of "neither of which values is consistent with the real present market value."

18. February 24, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, February 24, 1931

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100 Cent Levy Ordered Against Holders To Benefit Depositors hundred per cent against stock the closed City National Bank in Miami made against stockholders yesterday Spurway, national bank receiver. The totals which, when and be applied dividends payment depositors. The stockholders notified that the must be paid by March 26, suits will be started to obtain judgments against any of their propThe largest against the Corporation for $200,000. Penney, president that for proximately $3,500.

19. June 6, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, June 6, 1931

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BANK'S RECEIVER SUES THREE ON NOTE FOR $1,000 H. Spurway, receiver of the closed City National Bank In Miami. filed suit for $2,000 against Andolph BodAmelia W. Bodmer and Robert W. Peck, 507 yesterday in United States District court. They are indorsers on $1,000 note due 8, it is alleged.

20. June 23, 1931 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, June 23, 1931

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closing Howard forman: laborer, Virbert Fayne respectively. had assets. Ironton Clerk Enters Bankruptcy Voluntary bankinstituted United States District Court burger, South Fifth schedules indebtedness totaling beyond exemptions. Portsmouth Resident Bankrupt. Claude McCoy Ohio, his United States District Court for relief debts totaling He lists assets. Scheduling liabilities of of which are listed secured indebtedness denced largely by real estate mortgages which been foreclosed Sam 319 Forest formerly estate under the name Broock Kling Realty Company in bankruptcy in United States DisCourt. His total $711 his goods, valued exempt. Larger Brunson Bank Trust the Big Four Building and Savings Eighth $32,000; Meyer Berman, North Crescent Nellie 4626 Smith $8,500; and Fourth Elm 951 man. Morris Plan Bank, East Sixth Clarence Bank $5,642: BuildEagle and Main Isidore ton Springs Bank Company Bank Trust Cincinnati, Pearl pany), Bank Trust Company Central Trust cinnati, Simon Schwartz, Ohio. Budd. Traction Among the larger mortgage crediare the Savings Pearl Market Bank and Trust the Building Court and Streets, $211,500; Liberal East Bank and Trust Company Union Company) Company Cincinnati, $28,000; Prudential Company Bank Trust Company and Provident Savings Bank Trust and Provident Savings Bank and Trust Company, $33,000. Bank Receiver Sues Woman Sparway, Receiver for City National of Miami, filed suit United States District Court against Sophie 3427 Place, recovery $22,000 interest cent together interest per cent on certain deferred interest payments, be due promissory executed the Septemconnection real estate Reuss Honors Carl Reuss, Deputy Clerk of United Court of yesterday was advised honors his Night general The prize of $75 Mr. Reuss was the lations of friends in the Federal Bankruptcy Notes. truckman 818 Dayton filed in United District Court. His of liabilities and assets are to be filed Ralph Curl. Cincinnati, filed liabilities totaling and assets at all said be

21. September 24, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, September 24, 1931

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NEWS SUMMARY Forecast Florida: Local thundershowers today and probably morrow; gentle moderate easterly winds. Miami temperatures yesterTides today: High Low 1:48 Complete weather NATIONAL Harvey Seeds post of Miami tained drum corps championship. Legionnaires to on prohibition Giant dirigible Akron went on maiden vayage. Labor federation president nounced wage cuts. Page Stimson appealed to China and Japan not fight. Ohio man named president change clubs. Postage rates to Bahama Islands increased. Stimson naval holiday plan with reservation. Raleigh, schools closed of heat Seven bandits robbed Chicago band. Strength of Federal reserve cited. FOREIGN Disciple Gandhi unmentioned in mother's will. Tokio said troop withdrawal Manchuria had begun. STATE Florida fruit and broke record during last year. Page Key West mob contractor's trucks in labor dispute. LOCAL Number merchants decided to continue Dollar Day New York to Havana speed flier refuel Miami today. Page Conference was called to discuss constables' fee claims. Page School board asked state to bonding companies to pay posit guarantees. Page Amended declarations charged bank violations in City National Bank In Miami failure. Suit for filed by bank receiver. Page Suit to foreclose on apartment house alleged overdue. Forester in Dade county appraised Page Quacking duck warned neighbors during robbery. Page 12 Poll tax receipts issued yesterday taled Page School board refused to rescind ruling school districts. Page Matilda died. MISCELLANY Amusements. Crossword Comics.

22. September 24, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, September 24, 1931

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SUIT IS FILED BY BANK RECEIVER Suit started United States yesterday by Spurway the closed City National Bank In Miami against the Empire Realty Huntington Fred H. Rand. tying up deposits of Empire corporathe Florida National Bank Trust issued the clerk upon affidavit the plaintiff that he expects to $10,000 and that assets might be moved. The action is based $7,500 and for the

23. September 25, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, September 25, 1931

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BANK RECEIVER SUES FOR $125,000 ON NOTES Suit for $125,000 was started against the Empire Realty Securities Corporation, Huntington building. by H. J. Spurway, receiver of the closed City National Bank In Miami, yesterday, in United States District court. It was second similar action. the first for $20,000 damages being filed Wednesday.

24. December 12, 1931 The Miami News Miami, FL
Article from The Miami News, December 12, 1931

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CITY BRIEFS SUIT TRANSFERRED Removal of the suit of Mrs. Wolkowsky and her Herman Wolkowsky, against H. Spurway, City National bank receiver. set aside mortgage assignments alleged to have forced by threats, was ordered transferred from circuit court to S. district court by Judge Worth W Trammell. The ordered on petition of Mr. Spurway. VERDICT REDUCED Judge A. V. Long circuit court yesterday reduced verdict of $36,250 awarded by jury in his court to Mrs. Genevieve Brunner. Everglades hotel. to $10,000. The verdict rendered early this in Mrs. Brunner's suit against the Green Cab Co. for injuries allegedly sustained when cab in which she was riding overturned on N. W. Allapattah drive. between 15th and 16th RECEIVER ASKED-Notice that appointment receiver will be asked Dec. 14 in the suit of E. Keefer. liquidator the Miami Beach Bank & Trust Co., against R. C. Hunt. as trustee of the Polo Apartments Co. and R. C. Hunt & Co., was filed yes terday court. An accompanying bill sought removal of the trustee. substitution trustee and for The suit is in con nection with $50,000 trust deed of Mr and Mrs. Boyle to secure 91 first mortgage bonds CUP FOR GIRL-Girl Reserves of the Miami Edison Senior High school plan to give silver loving cup to the most outstanding girl in the senior class. The will remain in the school trophy case and each year will be presented to different girl. FORECLOST RE SOU GHT Mar garet Holt and husband George W. Holt, yesterday filed suit S. district court Malabar Realty Co. and the United States an $8,000 mort gage and determine of government liens against the property. The Holts are residents of Malabar. HURT IN ACCIDENT Compound fracture of the left leg was suffered late yesterday by W. Diehl, 23, of 41st st. and LeJeune road. when his collided with an driven by Charles Kneidler, 2600 N. W. 22nd ave. Diehl is undergoing treatment at Jackson Memorial hospital. HUSBAND HUNTED Request that efforts made to locate her husband, believed to be in Florida. were by Miami police today from Mrs. Goebel Lloyd. Lexington. who writes that she is seriously CONSTRUCTION STARTS Construction $8,000 has been begun at N. E. Sixth ave. and 59th st. by A. Arky. drawn by John architect. according to the permit issued by the city yesterday.