Atlantic National Bank - Jacksonville, FL

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 6888
Charter Number: 6888
Start Date: April 18, 1931
Location: Jacksonville, Florida (30.332, -81.656)

Metadata

Model: gpt-5-mini
Short Digest: 1a41c115

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Public signal of financial health

Description

OCR text is garbled. Article (18 Apr 1931) reports funds/telegram from other banks/trusts assuring Atlantic National Bank of Jacksonville that cash was available to meet depositors; implies heavy withdrawals / need for liquidity but no suspension or closure mentioned. Classified as a run_only (cash infusion to meet withdrawals).

Events (1)

1. April 18, 1931 Run

Cause: Macro News
Cause Details: Large withdrawals requiring liquidity support during the 1931 banking distress; other banks sent funds/telegrams to assure depositors
Measures: Received cash/funds from other banks (Union Trust and Florida National and/or correspondent banks) and public assurances by bank/chairman
Newspaper Excerpt: telegram from ... the Atlantic National bank Jacksonville, need will glad ... there dollar awaiting every person who had dollar
Source: newspapers

Newspaper Articles (1)

1. April 18, 1931 Tampa Bay Times St. Petersburg, FL

Article from Tampa Bay Times, April 18, 1931

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Article Text

2 Banks Get $2,000,000 Over Night There will be enough United States Petersburg today take care of woman according statements issued last night the Nearly rived here last night and morning take Union Trust and FlorNational bank. statements Nat Brophy and Dyal. presidents of the Brophy said the Union is ready to pay for dollar positors and D. Dyal, Florida that there dollar awaiting every person who had dollar At the same time the Union Trust through Nat B. nounced telegram from of its the Atlantic National bank Jacksonville, need will glad ship by from Let know if can This signed by Edward W. Lane, chairman of the board the Atlantic National bank of Jacksonville.