2309. Bank Dania (Dania, FL)

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: July 3, 1926
Location: Dania, Florida

Metadata

Model: gpt-5-mini
Short Digest: 19a0d43f

Response Measures

Full suspension

Description

Multiple July 3, 1926 news accounts report heavy withdrawals at Bank Dania that forced it to 'close its doors' shortly before noon. Officers announced readjustment and said the bank would reopen 'shortly' and meet obligations, but no article in this set confirms an actual reopening. The run appears triggered by news of other local bank closings (runs at nearby Miami-area banks).

Events (2)

1. July 3, 1926 Run

Cause: Local Banks
Cause Details: Withdrawals at Bank Dania were precipitated after news of other nearby bank closings (Coconut Grove, Buena Vista, Little River) and runs in Miami suburbs.
Measures: President Parker announced a readjustment would be made that would enable the bank to reopen shortly and meet all obligations.
Newspaper Excerpt: The Bank Dania ... suffered similar withdrawal of funds and ceased operations shortly before noon.
Source: newspapers

2. July 3, 1926 Suspension

Cause: Local Banks
Cause Details: Bank suspended/closed after heavy withdrawals triggered by closings and runs at neighboring banks; officials said suspension was to conserve resources and protect depositors.
Newspaper Excerpt: financial institution Dania closed its doors ... ceased operations shortly before noon.
Source: newspapers

Newspaper Articles (10)

1. July 3, 1926 The Washington Post Washington, DC

Article from The Washington Post, July 3, 1926

Click image to open full size in new tab

Article Text

BANKS CLOSE: SURVIVES Institutions in Miami Suburbs Suspend; One at Hollywood Has Withdrawals. HOPE TO REOPEN LATER Miami, Fla., July Three local banks suspended operations, financial institution Dania closed its doors and Hollywood bank weathered heavy funds today. The Bank Coconut Grove and the Bank Buena Vista failed open for business and the Bank Little closed after run hour's duration. The Bank Dania, short from Miami, suffered similar funds ceased shortbefore the time the Bank of short distance of this in Browcounty, withstood brief run. The Bank Buena Vista the Bank of Coconut Grove, allied stitutions, made the following announcement has decided to suspend for the and will therefore open for business day. actuated in this cause by desire to conserve its resources and to protect its depositors to the fullest extent. Local citizens now are working on plan and will announce details in few days to ganize locally controlled institution for speedy liquidation and to the situation. The Bank of Little River, through Teed the feel desirable and advisable to suspend operations for the present. The bank is and in good shape. in of cash our and per not think the depositors dollar. He intimated his intention effecting early reorganization. President Parker, the Bank of Dania, announced immediately after closing that readjustment would be made that would enable the bank reopen shorthly and meet all obligations. The run the Bank of Hollywood was precipitated after receipt news the previous bank closings, but met through the receipts funds from Miami banks. The run subsided shortly after noon.

2. July 3, 1926 Poughkeepsie Eagle-News Poughkeepsie, NY

Article from Poughkeepsie Eagle-News, July 3, 1926

Click image to open full size in new tab

Article Text

FLORIDA BANKS SUSPEND BUSINESS Miami, July Three local banks suspended operation, financial Institution Dania closed its doors and Hollywood Bank heavy withdrawal funds today. The Bank Coconut Grove, and the Bank Buena Vista failed open for business and the bank Little River closed after run of hour's The Bank Dania, short distance from Miami suffered of funds and ceased operations shortly before noon. the same time the Bank of also short distance north this city in Broward county, withstood brief run. The Bank of Buena Vista and Bank Coconut allied institutions, made the following announcements: Bank has decided to suspend operations for the and will therefore, not open for business today. actuated In this cause by desire and to protect its depositors to the fullest extent." The Bank of Buena Vista opened October 1920, with capital stock $15,000, which had been raised Bank of Coconut Grove openin March 1920 with cap!On March 10, the bank announced of deposits totalling

3. July 3, 1926 The Morning Call Allentown, PA

Article from The Morning Call, July 3, 1926

Click image to open full size in new tab

Article Text

BANKS CLOSE DOORS WITHDRAWAL OF FUNDS AFTER Head of Clearing House Asso. Says Outside Control and Loans Responsible for Present Conditions— Depositors Protected, Heads Say July local banks suspended operation, financial institution at Dania closed its doors and Hollywood bank weathered heavy withdrawal of funds toThe Bank of Coconut Grove, and the Bank Buena Vista failed business the Bank Little River closed hour's duration. The Bank Dania, short distance from funds ceased before noon. At the same time the bank short distance north of this city Broward County, brief run. of Buena Vista and the Bank allied made the following bank has decided suspend operations the and will, therefore, not open for actuated in this by desire protect its depositors the fullextent, local citizens are will announce the details in few organize locally controlled for speedy liquidation and to relieve the The Bank of Buena Vista opened October 1920, with capital stock $15,000, which has been raised $50,000. The officers include Anthony, head the board of direcwith Sanders, president. The Bank of Little River, through President Teed feel visable operations for the present. bank sound good We have excess of $200,000 in and forty per think the will He his intention of fecting an President Parker, the Bank Dania, immediately closing that readjustment would enable the bank reopen shortly and meet all obligations. The run the Bank of precipitated of the previous bank closings, but through receipt funds Miami Banks. The noon when ficers found funds sufficient to cover deposit President George Romfph 'of the Miami association commenting the suspension three suburban banks, that outside control loans outside paper solely responsible for the

4. July 3, 1926 The Baltimore Sun Baltimore, MD

Article from The Baltimore Sun, July 3, 1926

Click image to open full size in new tab

Article Text

DOORS IN FLORIDA Three In Miami Suspend Operations And One At Dania Acts After Run. OUTSIDE CONTROL CAUSE Institution At Hollywood Covers Funds And Withstands drawals Of Depositors. Miami, banks suspended operations, financial institution at Dania closed its doors Hollywood bank weathered withdrawal of funds today. The Bank of Cocoanut Grove and the Bank of Buena Vista failed open for business and the Bank Little River closed after of hour's duration. The Bank Dania, from Miami, suffered similar withdrawal funds and ceased operations shortly noon. At the Bank Hollywood, also short distance north this city, in Broward county, withstood brief run. Banks Explain Action. The Bank Buena Vista the Bank Cocoanut Grove, allied Institutions, made the following separate anbank has decided to suspend operations for will, therefore, not open for business today. actuated this desire conserve its and protect depositors to the fullest extent. Local citizens are working plan, announce the details in few days organize locally trolled institution speedy liquidation relieve the situation.' The Bank Buena Vista opened October 19, 1920, with capital stock $15,000, which had been raised $50,000. officers include John Grife, vice-president. Officials declined announce present deposits for either institution. Had $1,605,977 Deposits. The Bank opened March, 1920, $15,000 capital. March the deposits totaling Anthony headed board with The Bank Little through President Teed, the felt it advisable and desirable suspend operations for present. sound and shape. We have in excess of $200,000 in vaults reserve greater than forty per cent. do not think the depositors will lose He intimated his intention of effecting an early reorganization. Bank Run Stops. President Parker, the Bank Dania, immediately closing readjustment would made that the bank shortly and all The run the Bank Hollywood precipitated receipt news previous closings, but through receipt funds from Miami banks. The subsided shortly after when officers announced funds sufficient every deposit. President George Romfh, of the Miami Clearing House Association, clared control and loans side paper solely responsible for the embarrassment.

5. July 3, 1926 The Tribune Scranton, PA

Click image to open full size in new tab

Article Text

FLORIDA BANKS CLOSE DOORS: ASSURE DEPOSITORS NO LOSSES July suspended financial institution Dania closed its doors and Hollywood bank weathered heavy withdrawal of funds today. The Bank of Coconut Grove and the Bank of Buena Vista failed for and the Bank of Little closed an hour's duration. The Bank Dania, short distance from suffered similar withdrawal of funds and ceased shortly before noon. At the time the Bank Hollywood, also short distance north of this in Broward county. withstood brief The Bank of Buena Vista and the Bank of Coconut institutions, made the following separate announcements: "The bank has decided to suspend operations for the present and will. therefore, not open for business tois actuated in this cause desire conserve resources and protect Its depositors to the fullest extent. local citizens are now working plan and the details organize locally controlled for speedy liquidation and to relieve the situation." The Bank of Buena Vista opened on 19. capital stock $15,000. has raised $50,000 The officers include who headed board of with Sanders president. The Bank of Little River, through President the we visable and desirable to ations for the present. The bank sound and In shape. (Continued on Page Two)

6. July 3, 1926 Blackwell Journal-Tribune Blackwell, OK

Article from Blackwell Journal-Tribune, July 3, 1926

Click image to open full size in new tab

Article Text

FLORIDA BANKS FORCED TO CLOSE Three Miami Banks Are Among Number Compelled To Suspend local banks suspended operations, institution Dania closed its doors and bank heavy withdrawfunds Bank Grove and the Bank of Buena Vista failed for and the Bank Little River closed after hours' duration. The Bank Dania, short distance from Miami suffered similar withdrawal funds and ceased operations shortbefore noon. At the same time Bank of Hollywood, also short distance north of this city in Browcounty, withstood brief run. The Bank of Buena Vista and the Bank Cocoanut Grove, allied institutions, made following separate bank deceided to susoperations for present will therefore, not open business today. actuated this cause by desire conserve resources and protect its depositors the fullist extent. Local are plan and announce the few days to organize locally controlled for liquidation and to relieve Then Bank of Buena Vista openOctober 1920, with ital stock of $15,000, which been raised to $50,000. The officers include Anthony, of Jacksonville, president, John Graife, vice president. Officials declined present deposits for either institution. The Bank Cocoanut Grove March 1920 with $15,000 capital. On March 10, the bank announced capitalization of $30,000 and posits Anthony headed the board of directors with W. Sandpreseident. The Bank Little River, through President C. Teed, anthe circumstances, we feel advisable desirable suspend operations for the present. The bank is sound and in good shape. We have in excess of cash in our vaults and reserve greater than forty per cent, and do not think the depositors will dollar.' He initmated his intention effecting an President the Bank Dania, announced after the closing that readjustment would be made that would able to reopen shortly and meet all obligations.

7. July 3, 1926 Chattanooga Daily Times Chattanooga, TN

Article from Chattanooga Daily Times, July 3, 1926

Click image to open full size in new tab

Article Text

CLOSED BANKS AFTER "RUNS" in Miami Suspend Operations. INSTITUTION WITHSTANDS DEMANDS Buena Vista, Coconut Grove, Little River and Dania Concerns Cease Business— Optimistic View Taken. MIAMI, suspended operations, finaninstitution Dania closed weathered withdrawal funds today. The Bank of Coconut Grove and the Buena failed open for and the Bank of Little River after determined run of an duration. The Bank Dania, distance from Miami, suffered withdrawal funds and operations shortly before noon. same time the Bank of Hollyshort north city Broward county, withbrief The Bank Buena Vista and the Bank Coconut Grove, allied institumade the following separate has decided to suspend the present will, therefore, not open for business today. actuated in this cause by desire its to protect depositors the fullest extent. citizens working will announce the details in days, organize locally for speedy liquidaThe Bank Buena Vista opened on Oct. 1920, with capital stock $15,000, which has been raised subsequently $50,000. July, deposits totaled the bank work $100,000 buildThe officers included R. AnJacksonville, president, and Officials declined present deposits institution. The Bank of Coconut Grove opened March, 1920, with $15,000 capital. March 10 the bank cap. italization and deposits taling $1,605,977 R. Anthony the board of directors, with Saunders president. Bank of Little River, through Teed, circumstances, feel it advisable desirable to for present. The bank sound and shape. in of $200.000 in our vaults and reserve than 40 per cent. do depositors will lose dollar. He his intention of effecting an early hour crowd awaited the Little River bank and within hour number creased for withdrawals. squadrons of police dispatched to prevent and armored truck bearing funds downtown banks President Parker, of the Bank closing that would that enable the bank shortly meet all run Bank receipt news but of funds from cover every Romfh, Miami Clearing House association, commenting the suspension control loans paper soleresponsible for the banks of Miami today in Da president the National and declared. the banks today capital, which country boast. And, such is though there was demand of deposimade could faster than depositors could carry away.

8. July 3, 1926 Record-Journal Meriden, CT

Article from Record-Journal, July 3, 1926

Click image to open full size in new tab

Article Text

Withdrawals Heavy Close Miami Banks Fla., July Three local banks suspended operations, financial institution Danclosed its doors and bank weathered heavy withdrawof funds today. The Bank of Cocoanut Grove, and the Bank Buena Vista failed open for business and the Bank Little River closed after run hour's duration. The Bank Dania, near Miami suffered similar withdrawal of ceased operations at the same time the Bank of also here, withstood brief The Bank of Buena Vista and the Bank of Cocoanut Grove, allied inmade the following separate announcements: "The bank has decided to suspend operations for the present and therefore, not open for busiwill, actuated by ness today. its resources aud sire to its depositors to the fullest protect Local citizens extent. plan and will working the few days nounce locally controlled inorganize stitution for speedy liquidation and relieve the situation.'

9. July 3, 1926 The Lexington Herald Lexington, KY

Article from The Lexington Herald, July 3, 1926

Click image to open full size in new tab

Article Text

Another Is Saved After Run by Depositors cal banks suspended operations, financial institution at Dania closed its doors, and Hollywood bank weathered heavy withdrawal of funds) today. The Bank of Coconut Grove and the Buena Vista failed open for business and the Bank of Little River closed after of duration. The Bank Dania, short distance from similar withdrawal of funds and ceased erations before noon the same time the Bank of also short distance north of this city Broward county, withstood brief The Bank of Buena Vista and the Bank of Coconut allied made the following sep. bank has decided to suspend operations for the present and will,

10. July 3, 1926 Tulsa World Tulsa, OK

Click image to open full size in new tab

Article Text

IN BIG RUN Three Miami Houses, One in Nearby Town of Dania Close Doors ONE WEATHERS GALE Bank of Hollywood Remains Open Despite Heavy Withdrawals OFFICIALS ARE HOPEFUL Head of One Institution Depositors Won't Suffer Dollar's Loss MIAMI, local banks suspended operations, financial Institution Dania closed doors and Hollywood bank weathered heavy withdrawal of funds Friday. The Bank Cocoanut Grove and the Bank Buena Vista failed open for business, and the Bank Little River closed after hour's The Bank Dania, short distance from Miami, suffered funds ceased before noon. At time Bank also short tance north county. withstood brief run. Bank's Statement. The Bank Buena Vista and the made the following separate announcements: bank has decided to suspend operations for the present and therefore not open for business Friday. actuated this protect its depositors to the fullest extent. Local citizens out plan and announce the details few days organize locally controlled stitution for speedy liquidation and to relieve the situation. The Bank Buena Vista opened on October 1930, with capital stock which had been raised $50,000. The officers clude Anthony of president, and John Grife, president. Officials declined announce present deposits for either Reopen Soon. The Bank Cocoanut Grove opened in March. 1920, with $15,000 capital. On March 10, the bank nounced deposits totaling R. Anthony headed the board of rectors with Sanders as president. The Bank of Little River, through President Teed. announced: circumstances we feeel advisable and desirable to suspend operations for the present. The bank sound and in good shape. have in excess of cash vaults and greater than think the depositors will lose dollar. He intimated his intention of offecting early President the Bank Dania the closing that readjustment would made that bank reopen shortly and meet all obligations.