Bank of Boca Raton - Boca Raton, FL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 23, 1928
Location: Boca Raton, Florida (26.359, -80.083)

Metadata

Model: gpt-5-mini
Short Digest: 7f81792b

Response Measures

None

Description

Article states the Bank of Boca Raton closed October 23, 1928 and has a receiver (D. S. Hudson). No mention of a depositor run in the text. Cause of suspension is not specified in the article (receiver suing for unpaid assessments), so classified as suspension leading to permanent closure/receivership.

Events (2)

1. October 23, 1928 Receivership

Newspaper Excerpt: D. S. Hudson, as receiver of the bank of Boca Raton, which closed October October 23. 1928, is suing...,event_type:receivership is indicated by the text indicating a receiver has been appointed and is suing for assessment claims.
Source: newspapers

2. October 23, 1928 Suspension

Cause Details: Article does not state a trigger for the suspension; simply reports the bank closed and a receiver was appointed and is pursuing suits for unpaid stock assessments.
Newspaper Excerpt: D. S. Hudson, as receiver of the bank of Boca Raton, which closed October October 23. 1928,
Source: newspapers

Newspaper Articles (1)

1. June 4, 1929 The Palm Beach Post West Palm Beach, FL

Article from The Palm Beach Post, June 4, 1929

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Article Text

RECEIVERS ARE SUING FOR ASSESSMENT CLAIMS Three suits instituted by two bank for stock damtotaling were filed in circuit court Monday George F. receiver of the Citizens bank filed suit against Meeds & Berry. Inc., Florida corporation, for $2,000 damages. The receiver alleged the corporation 10 shares of the banks capital with par of $100 per and should also pay an sessment equal to the par value of the total number of shares. Houser & Wood counsel for the receiver. D. S. Hudson. as receiver of the bank of Boca Raton, which closed October October 23. 1928, is suing George Race and H. T. Kamiya in similar suits, the former for $2,000 damages and the latter for $500. Shelby Buford. of Boynton, represents the receiver in each suit.