2187. Carlton National Bank (Wauchula, FL)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
10691
Charter Number
10691
Start Date
March 3, 1929
Location
Wauchula, Florida (27.547, -81.811)

Metadata

Model
gpt-5-mini
Short Digest
6ede03b57c16ad38

Response Measures

None

Receivership Details

Depositor recovery rate
49.7%
Date receivership started
1929-02-21
Date receivership terminated
1935-12-28
OCC cause of failure
Governance
Share of assets assessed as good
37.2%
Share of assets assessed as doubtful
52.3%
Share of assets assessed as worthless
10.5%

Description

Multiple articles (1929โ€“1934) identify the Carlton National Bank of Wauchula as being in receivership and having a receiver bring suits/obtain verdicts. There is no clear contemporaneous description of a depositor run on this specific bank in the clippings; the pieces indicate the bank closed and entered receivership (i.e., suspended and remained closed). Dates are taken from article publication dates (receiver mentioned as of 1929-03-03). OCR errors in articles were minor; I corrected spacing and names where obvious.

Events (7)

1. January 23, 1915 Chartered
Source
historical_nic
2. February 21, 1929 Receivership
Source
historical_nic
3. March 3, 1929 Receivership
Newspaper Excerpt
has been retained as general counsel by the receivers of the Carlton National bank Wauchula ... Crichlow is also representing the receiver for the American National bank of Sarasota,
Source
newspapers
4. March 3, 1929 Suspension
Cause Details
Article indicates the bank had a receiver; specific trigger for suspension not stated in provided clippings.
Newspaper Excerpt
W. B Crichlow ... has been retained as general counsel by the receivers of the Carlton National bank Wauchula
Source
newspapers
5. July 26, 1929 Other
Newspaper Excerpt
The First National Bank at Park and the Carlton National Bank Wauchula also failed open their doors yesterday.
Source
newspapers
6. July 22, 1930 Other
Newspaper Excerpt
As receiver of the Carlton National bank of Wauchula, Blakey was awarded a verdict of $762 against L. W. Pace and Nellie M. Close; $609 against Nolan King and G. N. Albritton, and $773 against D. J. Cowart.
Source
newspapers
7. July 13, 1934 Other
Newspaper Excerpt
Announcement was made here today of the resignation Harry Fagin as receiver of national banks at Avon Park, Sebring, Wauchula, Zolfo Springs and Arcadia.
Source
newspapers

Newspaper Articles (6)

Article from The Bradenton Herald, March 3, 1929

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Article Text

Is Representing Bank Receivers W. B Crichlow, a member of the local bar. has been retained as general counsel by the receivers of the Carlton National bank Wauchula, First National bank Avon Park and First National bank of Punta Gorda. The pointment came through F. G. Awalt. deputy comptroller. ar Crichlow is also representing the receiver for the American National bank of Sarasota, Canada spends an estimated $6,000,000 every year for Amer ican publications and only $33,000 a year for British periodicals.


Article from The Bradenton Herald, May 7, 1929

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Article Text

Crichlow Is Attorney For Bank Receivers W B Shelby Crichlow has just been appointed general counsel and attorney for the receiver of the First National bank of Sebring. This is being under the supervision of the the treasury department of the United States This the fifth receivership of national banks which is being represented by Mr. Crich low general counsel and attor ney The other receivership which he represents American Na tional bank of arasota, First National bank of Punta Gorda. Carlton National bank of Wauchula, and First National bank of Avon


Article from The Anniston Star, July 26, 1929

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Article Text

BEATEN Jefferson County Investigation Shows "Grave Irregularities" BIRMINGHAM. Ala., July 26. Jefferson County grand jury returned partial report its activities in Birmingham bank investigations today which charged that "grave irregularites" were found handing funds of the defunct Woodlawn ings Bank. The report declared that Dr. late president of the bank had been found indebted to the tent thousands dollars" many the bank. Dr. Bell drowned the Coosa River near here July an hour before the bank closed its doors the result of heavy run on resources by its depositors. His death was declared accidenby the coroner. is our desire to protect the depositors of the Woodlawn bank," the report said. recommend that immediate action be taken the liquidating agent to prevent disposition of any funds of Dr. Bell's estate." The report did not mention the result of its investigation of three other banks in the district which closed early this month. They were the Avondale Bank and Savings Company, City Bank and Trust Company and Leeds State Bank. The Bank of closed for one week but since has been reopened. With submission of its reports, the grand jury until July allow state auditors work accounts the closed banks to continue their work. Bell's Death Probe Ala., July Alabama will today that Attorney General Charlie McCall has started an vestigation of the death Dr. Bell, member of the Jefferson County Board of Revenue and president the defunct Savings Operatives of the attorney genreported following three in their Dr. Bell drowned that he committed cide, that he killed and his body thrown into the river. Dr. Bell left Birmingham on the morning bank taken the State Banking Department. His found days later fish trap in the Coosa River near Vincent. Tilden Loses To Cochet Straight Sets: Borotra Defeats Lott ROLAND GARROS STADIUM. AUTEUIL. July 26. France both singles matches the opening day's play of the Davis Cup challenge round Cochet defeating William Tilden Borotra had beaten George Lott in four sets packed gallery of 8,000 perched in the warm watched the two Frenchmen rout the American players. Although Lott won one set from Borotra carried the fourth to deuce, there was never moment during the match when blonde Chicago boy looked like winner. Occasionally he had Borotra and hard, bounding Basque's finer assortment of strokes and daring net play quere him. Tilden was completely at the of Cochet who the American veteran only six games the three By winning both matches today, France virtually clinched the Davis another To retain the Cup for year. she needs only one more victory the remaining three matches, the doubles tomorrow and the two singles Sunday. result of the two French As triumphs, will with Cochet in the pair Wilmer Allison and John against Van Ryn tomorrow in order give Borotra an extra day's rest for his match Tilden Sunday. Lott will play Cochet in the other singles Sunday. It Gochet only 50 minutes swamp Tilden. The effortless ground canny covering and racquet magic completely routed the tried stroke in his Tilden every Cochet kept driving reportory the ball back until Big Bill finally Bank Closes In Florida number of closed Florida banking institutions had mounted 31 today with the here that the State Bank mond failed to open for business. The First National Bank at Park and the Carlton National Bank Wauchula also failed open their doors yesterday. The National Governor Carlton owned largely Florida other members of the governor's family. RAIN DELAYS FLIGHT TACOMA. Wash., July 26. Clouds, fog and Islands and British Columbia tian to keep Lt. Harold were expected from starting his 4.700 mile Bromley flight to Tokio yesterday Lockhead flight Bromley took with gallons stayed


Article from The Tampa Tribune, July 22, 1930

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Article Text

U.S. WINS SUIT FOR DUTY ON IMPORTED TILE Miami Company Must Pay $3000 Damages A lengthy dispute between the United States government and Wilson & Cook. Inc., of Miami, over duty assessed on 200,895 pieces of Spanish roofing tile imported from Cuba for Florida building during the boom came to an end in federal court here yesterday with a default verdict for $3051 against the importing concern. The award was made by a jury in a suit in which the government asked $6000 damages. The tile was imported Jan. 2. 1926, and in November of that year the company paid $936. but refused to pay the rest, the declaration said. The case was first carried to the customs court. but Appraiser Serafin Sanchez of Tampa was upheld by that court. The damage suit was filed last July. One of 17 Suits The tile duty case was one of 17 suits in which the jury assessed awards, all being by default. Today a hearing on bankruptcy petition against the Lakeland Manufacturing company has been set. The case will be argued before jury. The largest award made yesterday was in favor of the American Argicultural Chemical company in the sum of $24,828 against L. M. Pipkin, W. S. Rodgers and J. E. Milton. It was in a suit in which the chemical company sought $25,000 damages for alleged failure to pay promissory note. The note was for $18,901. with $4426 in interest and $1500 attorney fees. Bank Receivers Get Verdicts All other verdicts were for receivers of closed banks against individuals. They follow: L. J. Blakey, as receiver First National bank of Punta Gorda, vs. R. I. Harris. The verdict was for $800 with $152 interest and $145 attorney fees. Receiver Blakey also was given a verdict for $1684. including interest and attorney fees, against G. W. Williams; $605 against Earl D. Farr and D. F. Smoak $1770 against H. G. Murphy: $605 against Farr. and another for $4314 against Farr: $3543 against R. Jack, and $6280 against D. F. Smoak. As receiver of the Carlton National bank of Wauchula, Blakey was awarded a verdict of $762 against L. W. Pace and Nellie M. Close; $609 against Nolan King and G. N. Albritton, and $773 against D. J. Cowart. Carl E. Lien. as receiver of the First National bank of Avon Park, was given a verdict for $1078 against R. B. Davidson. Harold S. Day, as receiver of the First National bank of Avon Park, got a verdict of $1097 against Mrs. Mary Steel Swearingen. As receiver of the First National bank of Sebring, he got $1082 against E. B. Hatton, and as receiver of the same bank. Lien was awarded $4538 against the Val Mar Inc. A. F. Rawlings, as receiver of the First National bank of Sanford. was given verdict for $4085 against James E. Parrott.


Article from The Tampa Times, January 11, 1932

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Article Text

DEFAULTS ARE FILED AGAINST Federal Jury Returns Verdicts Involving $50,000 Total. Federal court got under way today with Judge Alexander Akerman presiding, disposed of default cases, aggregating about $50,000, and adjourned until 9:30 o'clock tomorrow morning. When opened there were 69 cases on the calendar, one the largest civil dockets on record with the total amount of the various suits being close cases involved suits brought by bank receivers in this territory of issory There two outside Florida; the Federal Reserve bank Atlanta D. Ratliff, $7,500, and Don P. Stroud, receiver of the Howard bank, Ind., VS. Ed Humpe, verdicts were promptly made without protest and the verdicts signed by the same individual juryman, James D. Beggs, real tate operator of Orlando. After Beggs had signed his name about 20 verdicts on behalf the jury, Judge said: making Orlando work when she comes here.' The cases disposed of were as follows: Shelton, receiver, First National Bank of Sarasota, VS. Wm. P. McDonald; M. Anderson, Central Bank and St. PeVS. Charles W. receiver, First Na. tional Bank Sanford, VS. E. E Brady; Anderson VS. Donovan Sons, Inc.; W. Doepke, receiver, Carlton National Bank, Wauchula, H. Brown; A. Doepke tion; Doepke, vs. Roberts; Harwell vs. M. Rumley; Doepke vs. Skipper; W. Harwell Eupha Finnell; A. W. Doepke vs. H. Smith. The jury was composed of Beggs and Slauson, Orlando; Minns, Tampa E. Nyberg, Limona; Whitaker Inverness; N. E. Barnes, Plant City: Ayres, Brooksville; H. Elden, Tarpon Springs; Fred Fariss, Tampa; Tyner, Plant City R Sappington, Avon Park Lynn Silvertooth, Sarasota; C. W. Greene, Tampa. Others called subject to jury duty are: Lr. Poole, New Port Richey: O. Lesley, Wauchula Paul Fatic, Sarasota: Cunningham, St. Petersburg: W. Wilson, Inverness; Campbell, Glenn Evins, Tampa, and W. E. Smith, Inverness.


Article from The Tampa Tribune, July 13, 1934

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Article Text

SEBRING, July (Special) Announcement was made here today of the resignation Harry Fagin as receiver of national banks at Avon Park, Sebring, Wauchula, Zolfo Springs and Arcadia. His successor has not been named. Fagin, who took over the banks 1932, accepted position with a Fort Myers bank. SEBRING RESIDENTS IN CRASH AVON PARK, July 12.-(Special)Four Sebring residents narrowly escaped serious injury on the Avon Park-Fort Meade road yesterday as their overturned on a curve. James Edge sustained a broken right arm and his wife was injured. M. Sherley, owner the D. Love escaped with bruises. NOTICE OF SPECIAL MASTER'S SALE NOTICE IS HEREBY GIVEN that under and pursuant to the Final cree of Foreclosure and Sale, made and, on 1st of tober, D. 1931, order dated day 1934, in the Court cial Circuit of the State of Florida, in and for County, in Chancery. in that certain cause now therein pending, wherein Northern Central Trust Company, of Pennsylva corporation, is Complainant, and H. Gallagher, Augustus D. Bush, Farms S. C. Abernethy and Isabel C. Abernethy, his wife, Mary H. Abernethy, single, N. Borrego, single, Abernethy, and Amelia Abernethy. his wife, George Marie Dannenhauer his Florence Ellis, a widow. Valentine Franz, single, Hannigan, Hannigan, his wife. W. Klingel and Anna M. Klingel, his wife, LeRoy A. Lamb, and Lamb, his wife. M. Na(nee M. Marongelli) and Joseph Napoli, her husband, Wm. Siband Sibson, wife, Otto Steinacker, Tillie Ullman, Ullman, her husband, A. M. Harrison (nee M. Vendegrift). and Richard Harrison, her husband Palmer Watson, and Hallie B. Watson, wife, James Whitely. Whitely wife. T. Cunningham, and his wife, Easterling, Ethel his wife, H. Fennell, single, J. M. Goehring. and Romaine Goehring. his wife, H. Hauptfuhrer, and Hauptfuhrer, his wife, Albert Hermann, Hermann, his wife, J. C. Hermann, single, and Linton, Miller Emma J. Miller. Thos. Oliver. Oliver, his John W. Phillips, Phillips, his wife Benjamin Ritter, and Ritter, his wife, Jos. Rucker. and Rucker, Alfred Zabel and Zabel. his wife, H. Nolte. and Nolte, his Frank Barthmaier, single, Thomas Clark, and Emma J Clark, his wife. and Mary Ramspacher, and Joseph Ramspacher, her husband, are defendants, the undersigned Special Master, as directed by said said order. and in order and satisfy the same, will offer for sale and sell at public auction to the highest best bidder therefor. before the front door of the County Court House of Hillsborough County, Florida, in the City of Tampa, between the hours of :00 o'clock M. and o'clock P. M., on Monday, the 6th day of August. A. 1934, that of land, situate being the County and State last aforesaid, and particularly described as follows, to-wit: Southwest Quarter of Southwest Quarter Section Thirty-four (34). Twenty-eight (28) South, of Range Eighteen (18) East, and all except the Southwest Quarter the Southwest Quarter of Section Four (4), Township Twenty-nine (29) South, of Range Eighteen East, being Six Hundred Forty (640) acres, more or less. FRANK P. INGRAM. Master in Chancery. WILLIAM HUNTER, and SUTTON, TILLMAN AND REEVES. Attorneys Complainant (7)-6-13-20-27-(8)-3-5t NOTICE TO CREDITORS Notice given that the undersigned has been duly appointed and qualified as executrix of the estate of Harrie Russell Langdon, deceased. All heirs, creditors, legatees, distribuand all other persons having claims or said estate are hereby notified to present them to the County Judge of Hillsborough County at his office at the Court House, Tampa, Florida, properly sworn to within eight calendar months from date hereof or they will be forever barred by All persons indebted to said estate are required come forward and make settlement without delay. Tampa Florida EMMA MAY LANGDON. Executrix. Address 102 E. Virginia St., Tampa, (7)-13-20-27-(8)-3-4t NOTICE CREDITORS Notice is hereby given that the undersigned has been duly appointed and qualified as executrix of the estate of Amanda Reeves, deceased. All heirs, creditors, legatees, distributees, and all other persons claims or demands against said are hereby notified present to the County Judge of Hillsborough County at his office at the Court Tampa, Florida, properly sworn to within eight calendar months from hereof or they will be forever barred by law All persons indebted to said estate required come forward and settlement without delay. Tampa, Florida. 12th. 1934. OCTAVIA E. RICE. Executrix. Address 1020 2nd (7)-13-20-27-(8)-3-4t CLASSIFIED INDEX (A) and Found Travel Notices Where To Dine Detective (B) PROFESSIONAL b-1 Chiropractic Optometrists Insurance Private Sanitarium Drafting (C) Beauty Culture Dancing (D) HELP WANTED Wanted Female Male Wanted Female and Canvassers Agencies (E) SITUATIONS WANTED Situations Wanted Female Situations Wanted Male (F) FINANCIAL Business Business Opps. Wanted Bonds Money To Len Loans $300 Wanted Borrow (G) RENTALS Board Rooms Rooms For Rent Apartments For Houses For Rent Resorts Stores Garages Wanted (H) REAL ESTATE FOR SALE h-1 Residential H-Hyde Park S-Seminole Tampa Heights D-Davis Springs Tampa Tampa Vacant Property Acreage Farms Real Estate For Exchange h-11 Estate (J) ARTICLES FOR For Sale Miscellaneous Swap This That Furniture For -5 Furniture Wanted Sewing Radio and Equipment Machinery Supplies Auction and Wine Supplies (K) BUSINESS SERVICE Repairing Electric Refrigeration Service. 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