2403. Pinellas County Bank (Largo, FL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 25, 1927
Location
Largo, Florida (27.909, -82.787)

Metadata

Model
gpt-5-mini
Short Digest
2abe4688

Response Measures

None

Description

The bank closed June 25, 1927 (article 4) and remained in liquidation/receivership through 1932 with asset sales and dividend checks handled by a receiver. No run is described in the articles. Cause of suspension is recorded as a closure with a receiver (government action/receivership).

Events (4)

1. June 25, 1927 Suspension
Cause
Government Action
Cause Details
Bank closed and placed in receivership/liquidation (closure date given).
Newspaper Excerpt
These will be the final dividend checks of this bank The bank closed June 25, 1927.
Source
newspapers
2. February 16, 1932 Receivership
Newspaper Excerpt
PINELLAS COUNTY BANK, Largo, Florida (in liquidation) and signature Receiver. (Feb. 16, 1932 article). (Note: OCR text heavily corrupted.)
Source
newspapers
3. April 23, 1932 Other
Newspaper Excerpt
NOTICE OF PUBLIC SALE The Receiver the Pinellas County Bank. Florida, offers for public sale the highest and best bidder for cash the following remaining assets of this institution ... R. C. SLIGH. Receiver. Largo, Florida, March 30, 1932 (4)-23-3t (asset sale/advertisement).
Source
newspapers
4. August 12, 1932 Other
Newspaper Excerpt
about $10,000 of deposits in the closed Pinellas County bank at Largo, will be available for depositors tomorrow morning. according to R. C. Sligh, receiver. These will be the final dividend checks of this bank The bank closed June 25, 1927.
Source
newspapers

Newspaper Articles (4)

Article from Tampa Bay Times, February 16, 1932

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Article Text

"PINELLAS COUNTY BANK, "Largo, Florida (in liquidation) "Notice to the public article pubthe Largo lished on editorial page Feb. 11 Sentinel under for office to certain Pinellas county, and in the who are inemploy the debted to the Pinellas county the given the paper was knowledge or consent of the Hon. any Ernest Amos, else connected with the banking department, but done on my alone am responown initiative. for "Receiver."


Article from Pensacola News Journal, March 2, 1932

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Article Text

BANK RECEIVER GETS TOLD The advertisement appeared last in week's issue of the Largo Sentinel: the former depositors of the Pinellas County Bank and the voters of Pinellas County. are several announced candidates, some of whom are seeking and who are asking your vote and confidence, that owe the Pinellas County Bank money they will not We hold pay. judgment against some of these. There also some the employ of Pinellas county that owe the bank. This money rightfully belonging to you depositors. You are also taxpayers and these 'parasites' are either living off of your tax money or do seeking to and in addition will not pay you what they justly owe. "Can you in justice to for yourself vote who withholding your money or who knowingly give employment to others who will not "See me for particulars before casting your vote." The above probably causing some of the Pinellas politicians to squirm bit, and not may result in for the closed bank. Anyunusual in clever methods to force those who owe bank to and be pay may adopted by receivers throughout the state and make quick closed banking institutions.


Article from The Tampa Tribune, April 23, 1932

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Article Text

State Witness Absent, Woman's Trial Postponed FERNANDINA. April Illness in the family of John W. Williams. state auditor. today caused postponement for this term of court of the scheduled trial of Mrs. Elizabeth Higginbotham. former Nassau county tax collector charged with embezzlement. Williams is listed as the principal state witness against Mrs Higginbotham, who removed from office by Carlton after her indictment. The trial originally was set for April 17. IN THE UNITED STATES DISTRICT AND FOR OF FLORIN CHANCERY. Fanny Hartman, citizen resident of the State of Maryland, Plaintiff, versus Davis ProperThis cause having to be heard upon the Amended Petition of the Receiver herein for instructions as to the future administration of the assets of D. Davis Properties and to require all possible claims Davis Properties to file same with the and it further that has by defendant herein admitting the allegations of the Bill of Complaint, defendant appearing by counsel at this hearing. It ordered. adjudged and decreed that the allegations of said Bill of Complaint be and the same are hereby adjudged to be true. It ordered. adjudged and decreed that all persons having debts claims or against Davis corporation under the of Florida. either lien holders, general secured creditors, purchasers of lots under cheds or contracts of purchase. having claims of any nature or kind whatsoever are required to file sworn proofs of claims Joseph Dunn, as Receiver of Properties. address is No. 505 Graham Building, or before the 11th day of further ordered. adjudged and decreed that the be directed to send by mail every person, firm known by the Receiver to debts. demands against D. P. Davis Properties, either as lien holders, general secreditors, purchasers lots under deeds or contracts of or having any kind whatsoever D. Davis Properties of this Order far the addresses of such having claims against D. P. Davis Properties may be known to the Receiver and that copy of this Order be mailed by the Receiver to said claimants as herein provided on or before thirty days from the date of this Order is further ordered. adjudged and decreed that the petition instructions the will be heard Court Chambers in the Ctiy of Jacksonville. Florida, on the 12th day of July. 1932, at 10 o'clock A. M. and that all persons whose claims are on file with the Receiver within the time and in the manner provided by this Order shall heard upon said petition for instructions further ordered, adjudged and decreed that no person. or poration shall be permitted to participate in any distribution of the assets corporation sworn claim therefor has been filed with the Receiver within the time and in the manner prescribed by this Order It is further ordered. adjudged and decreed copy of this Order be published newspapers published in Aug and Tampa, for eight prior to the 11th day of 1932. Done and ordered by me at my Chambers in the City of Jacksonville, Florida, this 6th day of April, 1932. LOUIE W. STRUM (6)-4-9t NOTICE OF PUBLIC SALE The Receiver the Pinellas County Bank. Florida, offers for public sale the highest and best bidder for cash the following remaining assets of this institution Banking House Lot. the legal description of West 39 feet of lot block 2. Whitehurst et al addition Largo, Florida. 142 pieces or parcels of other One of banking fixtures and furniture Five (5) Certificates of Indebtedness the Town of Center Hill. Florida, of the par value of each. One lot of overdrafts aggregating approximately $494.36. One lot of Accounts ag$450.00. One lot of Notes and judgments ag. detailed list of the above assets are now for inspection at the office of the Receiver in Largo, Florida Prospective purchasers may bid on the above assets as whole, group of items any single item separately. Each and every bid must be accompanied by Cashier's check, or Certified for five (5) percent of bid The Receiver reserves the right to reject any or all bids. Each any every sale made is subject to approval of the Comptroller the State of Florida and confirmation by Circuit Court Bids received up to 2:00 o'clock April 30th, which time all bids will be opened any one interested may be present if they so desire. R. C. SLIGH. Receiver. Largo, Florida, March 30, 1932 (4)-23-3t


Article from Tampa Bay Times, August 13, 1932

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Article Text

NEGRO CHARGED WITH STEALING GAS IS HELD LARGO BANK RECEIVER TO HAVE CHECKS TODAY CLEARWATER, Aug. 12.-Nelson Bell, negro, who was arrested Thurs. day by Constable Jack Strickland and charged with stealing gasoline from trucks in the county warehouse at Largo, was bound over to circuit court under $500 bond following a preliminary hearing this morning before Magistrate C. Moore. L. Huff of St. Petersburg was bound over to county court on charge of issuing two worthless checks Bond was fixed at $250 on each count. dend checks for 13½ per cent. total. ing about $10,000 of deposits in the closed Pinellas County bank at Largo, will be available for depositors tomorrow morning. according to R. C. Sligh, receiver. These will be the final dividend checks of this bank The bank closed June 25, 1927.