First National Bank - Clearwater, FL

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 12905
Charter Number: 12905
Start Date: *
Location: Clearwater, Florida (27.966, -82.800)

Metadata

Model: gpt-5-mini
Short Digest: 147892bb

Response Measures

None

Description

Article (Tampa Bay Times, 1931-03-25) names A. M. Anderson as receiver of the First National Bank (Clearwater) and describes creditor's suit by the receiver. No run or depositor panic is described. The bank had suspended business and a receiver was appointed, implying permanent closure/receivership. No explicit suspension date given in the article.

Events (3)

1. March 24, 1926 Chartered

Source: historical_nic

2. * Receivership

Newspaper Excerpt: creditor's bill filed in Clearwater during the past week by A. M. Anderson, receiver the First National bank. ...The receiver asks in the bill that the warranty deed dated July 8, 1930. be declared null and void ...the complainant has only recently discovered said attempted fraud on the part of said defendants and immediately after discovering the same he entered suits at law against said defendants.
Source: newspapers

3. * Suspension

Cause: Government Action
Cause Details: Bank had suspended business and a receiver (A. M. Anderson) was appointed; closure by regulatory/official action
Newspaper Excerpt: at the of the suspension of business by the First National bank
Source: newspapers

Newspaper Articles (1)

1. March 25, 1931 Tampa Bay Times St. Petersburg, FL

Article from Tampa Bay Times, March 25, 1931

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Article Text

LAUGHNERS ARE DEFENDANTS IN CREDITOR'S SUIT First National Bank Receiver Charges C. C. Delivered Property to Wife Chalmers C. Laughner and Hazel B. Laughner have been as defendants in creditor's bill filed in Clearwater during the past week by A. M. Anderson, receiver the First National bank. according to court records. The is being represented by Attorney Merle Rudy. acting for Arthur R. Thompson. attorney for the The bill of complaint sets out that at the of the suspension of business by the First National bank, the defendant, Laughner, was indebted to the bank in an aggregate principal of $24,000. represented by three promissory notes which were final and ultimate renewals of other notes. It was further pointed out in the bill that before the dates when two of the notes due and payable. the defendant delivered to Hazel B. Laughner, "his certain purported and alleged warranty deed dated July 8, 1930. thereby attempting to give, grant. bargain and sell to his said wife, grantee in said deed. all his right title and interest in the property." After citing and describing the property the bill continues: "That in truth and in fact said deed was executed and delivered without any consideration, as aforesaid; that it was voluntarily made: that was with intent to delay, hinder and defraud the complainant herein, who was at that time the receiver of said and to whom the defendant. C. C. Laughner. was indebted to the extent of the amount hereinbefore set forth. "That the complainant has only recently discovered said attempted fraud on the part of said defendants and immediately after discovering the same he entered suits at law against said defendants. The receiver asks in the bill that the warranty deed dated July 8. 1930. "be declared null and void and be fully set aside for naught by proper and appropriate order of the court."