2172. National City Bank (Tampa, FL)

View Charter #10958 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
10958
Charter Number
10958
Start Date
November 8, 1932
Location
Tampa, Florida (27.948, -82.458)

Metadata

Model
gpt-5-mini
Short Digest
57138bdc76051f23

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1932-05-20
Share of assets assessed as good
0.5%
Share of assets assessed as doubtful
81.8%
Share of assets assessed as worthless
17.7%

Description

The articles refer to the National City Bank of Tampa being in receivership (receiver obtaining judgments and filing suits in 1932–1934). There is no description of a depositor run in the excerpts; instead they document receiver actions after the bank closed. No reopening is mentioned, so this appears to be a suspension/closure with a receiver appointed. Exact closure date is not provided in the excerpts.

Events (6)
1. February 28, 1917 Chartered
Source
historical_nic
2. May 7, 1929 Voluntary Liquidation
Source
historical_nic
3. May 20, 1932 Receivership
Source
historical_nic
4. November 8, 1932 Receivership
Newspaper Excerpt
receiver of the National City bank, Tampa, Anderson got judgment against M. Leo Elliott for $1535. (November 8, 1932 article reporting judgments for receivers.)
Source
newspapers
5. August 29, 1934 Other
Newspaper Excerpt
suit ... filed ... on behalf of Dakin, receiver for the National City Bank of Tampa ... (article notes receiver filing suit on paving notes).
Source
newspapers
6. * Suspension
Cause Details
Articles show the bank was in receivership and receiver pursuing claims; no explicit cause for suspension provided in the excerpts.
Newspaper Excerpt
receiver of the National City bank, Tampa, Anderson got judgment against M. Leo Elliott for $1535.
Source
newspapers

Newspaper Articles (4)
1. November 1, 1931 Tampa Bay Times St. Petersburg, FL
Article from Tampa Bay Times, November 1, 1931

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Article Text

THOMASSON FILES ANSWER TO BANK SUIT Former President of Central National Bank Denies Receiver's Charges Answer was filed Friday in federal court at Tampa by A. F. Thomasson, through his attorneys, Bilger and Grazier, to suit instituted in that court by A. M. Anderson, receiver for the Central National Bank and Trust company. in which the receiver is attempting to collect $26.60 on stock in the bank which had formerly been owned by Thomasson, and which had been assigned by him August, 1930, to the Florida Real Estate Exchange, Inc. It had been charged in the declaration that Thomasson as the former president of the bank, and one of its directors, had a peculiar knowledge of its condition, and that he had transferred the stock to avoid personal liability, and that in reality he continued as the actual owner, nothwithstanding the assignment on the books of the bank. In the answer filed Friday Thomasson's attorneys deny in toto the allegations contained in the declaration, with exception of the mere facts of the sale and transfer of the stock. Thomasson in his answer sets forth that he resigned as president of the bank Jan. 31. 1930. somb en months prior to the sale of the stock in August, 1931, and more than 14 months prior to the closing of the bank in April, 1931. He declared that after he had severed his connection with the institution he had no knowledge of its condition; and that he continued to carry his deposits in the bank up to the time it closed: that he continued as director until May 1. 1930. but that in the interval he did not attend single meeting: that he resigned as director of the bank on May in order to allow the bank to elect other directors and to obtain additional capital, which actually resulted from his resignation. The answer affirms that the sale of stock was a bona fide sale for valuable to a corporation in which Thomasson had no financial interest and with which he had no previous business: that the sale was made about eight months before the bank closed, and therefore, asks that the receiver's bill be dismissed.

2. November 8, 1932 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, November 8, 1932

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Article Text

BANK RECEIVERS GET JUDGMENTS IN U. S. COURT Awards Made on Stock Assessments Default judgments totaling more than $235,000 were awarded by jury in federal court yesterday at the opening of the November session, called chiefly for hearing of criminal cases. The largest judgment was for $47,191 in favor of M. Anderson, as receiver of the First National bank. St. Petersburg, against Elsie Knight Bize, joined by her husband, Marshall Bize. for damages resulting from pay an assessment $40,000 400 stock in the bank owned by Mrs. Bize at the time the bank closed. Another judgment for $45,612 was returned in favor Anderson ceiver the same bank and against John N. Thorn. He obtained judgment against the Thorn Estate, Inc., and Lewis Holding Co., Inc., for $2951, and against Martin. joined by husband, Douglas D Martin, for $29,494 Gets Other Judgments As receiver of the Central National Bank Trust of St. Petersburg. Anderson obtained judgments against the following William Deklyne, $2281: Herman Dann, $10,889; Murok Realty corporation George E. Cook, $25,600; Alvina Griffin, joined by her husband, Thomas R. Griffin, $3333: Charles Powell and Frank Jones, $13,784. and Welton. $2578. receiver of the National City bank, Tampa, Anderson got judgment against M. Leo Elliott for $1535. C. Shelton receiver of the First National bank of Auburndale got judgment against Dean Hickman $3499 As Polk County National bank. Bartow, ceived judgment against Wilson for $25,869 Joseph Gamble, receiver of the City National Tenn., given judgment of $2080 against W. Murrian judgment for was awarded Ida K. Wood against J. G. Whitfield

3. January 1, 1933 Tampa Bay Times St. Petersburg, FL
Article from Tampa Bay Times, January 1, 1933

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Article Text

MAY SCOUTS take offices of city day; Peterson, acting diviHenry King, flies city Mrs. Alonzo Pinson when their Further investigation ordererd council closed Three principal filed federal court Tampa against Herman Dann, member the Dann Gerow reciever the closed Central National Bank Trust Thursday convention Southern Baptists auxiliary, the Woman's MissionJane years wins annual Police frustrate attempt kidnap Edith Marie daughter the David Gardner: Eightliquors Guard for payment cent dividend to depositors the closed started; of the Central National Bank and Trust will per about days; rain breaks up drought ties car lines; City wins first round interest City land valuation cut per places valuation Dorothy years old, drowns in gulf off Treasure island; park and parade feature one elaborate Memorial days held here. JUNE L. CLARK, from Pittsburgh, buys Snell Isle golf seen by hundreds off Fiftytwo young and graduatfrom the Junior college; City Manager W. Cotton leaves for New York with bondholdgranted to the protective committee ties city funds; State conclave De Molay chapters William Edward Stone accused fatally wounding his annual Foreign Wars Central avenue Beach drive, for $40,Central bank pays per cent Movie possible studios; Harry Childs elected president in during June election; cars H. writer, WSUN WFLA test out new power attempt have original wattage restored by Four by Coast Guard boats off made by city into and Home Rhoades. 72, killed in auto Valuation on many buildings reduced by city; Crowds park to hear Dave Sholtz; Pay employes cut from 10 to per cent. JULY ADIO stations befull time of the Mayor Jr., lifts for Fourth for 50 per tax and William PetersDixie M. and Raye Soreno agent charge Petersburg for City Manhe will affairs Property W. fatally home City of July parade City council and group of citizens John Donehoo City begins as property president of tral Labor Union: leagues appear school board and demand heavy county for schools; for offices spent reports broadcasting State supreme by bondto city for purposes to debt Realty board drastic women launch for elecboard reduce Joe resigns as patronage as continues press Soldiers' Apartment house owners duction the to for against Ed Wright and Helen Wilcox, hotel City Manager he plans salary and tax millage; Danvy ConRobert Snyder, PeninTelephone drowns Tarpon Springs; Investireports to Amerionly outside Home Northern city Aubrey picture producer city survey Florida ment for Pinellas equitable" long drops negotiations with Florida Power company purchase electrical current plans power plants: Frank Williams, wealthy resident Cincinnati, named defendant $50,000 brought Joseph Folio; joins in program Williams park; minimum fee for license cars; Railroad commission railroad from fast Florida: Clyde (Tooty) Bozeman, Gandy bridge injured when parked Tippetts county executive Tentative for budget for per cent reduction AUGUST county valuation cut 31 per cent about $21,000,000 compared to 1931; $325,000 paid Petersburg Insurance policy holders beneficiaries; John Thomppresident of Tax Security poration, and John H. Trotter, privdetective, received threatening letters telling them to leave town; Thompson Trotter arm themselves ignore letters; valuation after revisions; Fred Phillips, painter, found dead council the plan for prison farm; Operating budget carrying drastic departments, City Manager Cotton: Weaver Wholesale Grocery entered and bed 15 police suspecting bootleggers; Citi announce plans protest Cotton's budget: 100 houses moved City council cuts bond interest only Minder, Film ManProductions, announces his shoot pictures Singlesuddenly May liams, ming north of Sembridge: City council Cotton revised; World war Pinellas county vote 283 for and 14 of bonus; school board sets budget City Manager Cotton of the special tax for bridge purthe durgthe tax year; city City birthday with big in park; Capt. Roberts Spa and succeeding any steps by the city to operating would be met on the of the bondholders' its for of on city's debt counofficers machines: Bridges leases the at the corner Fourth street Central avenue for drug store: Chamber Comcombined budget for advertising and tourist promotion the provide public drive Roberts denied pardon killing Elks play beach holders reject city's plan only bonded debt: John former charges failure comply with charter city budget Mitchell county pioneer, dies revises tional many drastic changes: warnings ordered up tropical storm into gulf has practically high wind arrest store robbery Federal Commission permit in and night.

4. August 29, 1934 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, August 29, 1934

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Article Text

Bank Receiver Files Suit on Paving Notes pracipe for summons in $100.damage suit against county filed federal court yesterday behalf of Dakin receiver for the National City Bank of Tampa, by McKay, Withers and Ramsey, Tampa While no details action corded, the suit be based paving certificates held by the