2470. First National Bank (Orlando, FL)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
3469
Charter Number
3469
Start Date
July 24, 1893
Location
Orlando, Florida (28.538, -81.379)

Metadata

Model
gpt-5-mini
Short Digest
52fe5301

Response Measures

Full suspension, Books examined

Other: Receiver appointed (J. N. C. Stockton). Comptroller imposed conditions for reopening; indictments later for embezzlement/false returns.

Receivership Details

Date receivership started
1893-08-14
Date receivership terminated
1894-05-21
OCC cause of failure
Losses

Description

The bank experienced heavy withdrawals and closed/suspended on July 24, 1893. It was placed in the hands of a receiver and later permitted to reopen under new management in May 1894 after compliance with Comptroller conditions. Subsequent indictments for embezzlement and false returns indicate underlying bank-specific problems likely contributed to the run and suspension.

Events (9)

1. March 16, 1886 Chartered
Source
historical_nic
2. July 24, 1893 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals depleted the bank; later indictments for embezzlement and false returns indicate underlying malfeasance and adverse information about the bank's condition.
Measures
Bank closed its doors; put in hands of receiver (Receiver J. N. C. Stockton) and Comptroller intervened.
Newspaper Excerpt
ORLANDO, Fla., July 24.-The First National Bank closed its doors this morning. Withdrawals of deposits, which have been heavy, is given as the cause of the failure.
Source
newspapers
3. July 24, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension followed heavy withdrawals and the bank being considered 'failed'; later federal examiner/receiver appointed and Comptroller involved, suggesting insolvency/false reporting by officers rather than mere rumor alone.
Newspaper Excerpt
The First National bank, of Orlando, Fla, has suspended.
Source
newspapers
4. July 25, 1893 Receivership
Newspaper Excerpt
Examiner McDonald has been directed to take charge of the failed First National Bank of Orlando, Fla. / Receiver J. N. C. Stockton, of the First National bank of Orlando, acting under direct orders from Comptroller Eccles, is sending out circulars ... (article dated Nov. 1 notes receiver Stockton).
Source
newspapers
5. August 14, 1893 Receivership
Source
historical_nic
6. May 4, 1894 Other
Newspaper Excerpt
Indictments Against Bank Officers ... Nai Poyntz and Ollie T. Poyntz, president and cashier, respectively, of the suspended First National Bank of Orlando, Fla., for embezzlement and making false returns as to the bank's condition.
Source
newspapers
7. May 21, 1894 Reopening
Newspaper Excerpt
The First National Bank, of Orlando, Fla., which suspended several months ago, will resume business Monday. / The First National to Throw Open Its Doors Next Monday. ... will open its doors for resumption of business on Monday morning next, under the management of a new board of directors, and with new officers in charge. / The First National Bank of Orlando, Fla., which suspended payment July 24, 1893, has been restored to solvency, and was yesterday permitted to reopen its doors for business as an active national banking association.
Source
newspapers
8. May 21, 1894 Restored To Solvency
Source
historical_nic
9. November 29, 1895 Receivership
Source
historical_nic

Newspaper Articles (24)

Article from The Morning Call, July 25, 1893

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view State Bank was robbed last night of $3000 in cash, and in consequence did not open its doors this morning. CHICAGO, July 24. -Bradford & Church private bankers, closed their doors without even posting a notice. Their whereabouts seem known only to themselves. The deposits are light, but gathered from a large number of poor people by a system of distributing small iron savings bauks, which could only be unlocked at the bank, into which pennies and nickels were dropped and periodically taken to the bank for deposit. MANCHEFTER, N. H., July 24. - -The national bank of the commonwealth will suspend payment to-morrow. The assets and liabilities are about $625,000. The suspension of the New Hampshire Trust Company precipitated this. CONNORSVILLE, Ind., July 24. - The Citizens' Bank, owned by ex - United States Treasurer Huston. has failed. There is no statement of assets or liabilities. The depositors will, it is said, be paid in full. Huston says that none of the depositors or creditors will lose one cent; that his personal property will more than cover the liabilities, not to mention his real estate: that it will not affect any of the industries iu which he is interested, and the cause of the suspension is baseless rumors. He is interested in foreign speculations, losing heavily. All he asks for is a little time. Houston's enemies circulated malicions and slanderous falsehoods that he was speculating in Chicago margins. This, coming about the time of the great financial unrest, made the aspect of the exUnited States Treasurer's affairs very serious. The liabilities are about $150,000. Houston's total assets will reach nearly $500,000. ORLANDO, Fla., July 24.-The First National Bank closed its doors this morning. Withdrawais of deposits, which have been heavy, is given as the cause of the failure. The officials of the bank say the depositors will lose nothing.


Article from The Seattle Post-Intelligencer, July 25, 1893

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BUSINESS TROUBLES. The First National bank, of Orlando, Fla, has suspended. The Southern Electric Company, one of the biggest enterprises in Baltimore, made an assignment on July 24. Assets, $175,000; liabilities, $100,000. Parkhurst & Wilkinson, iron merchants of Chicago, with over $1,000,000 assets, confessed judgment on July 24 for $87,000. They hope to get straightened out in a few days, however. The firm of Bradley & Ca, Syracuse, N. Y., extensive manufacturers of heavy hardware, wagons and carriages, went into the hands of a receiver on July 24. Assets, $500,000; liabilities, $850,000.


Article from The Times, July 25, 1893

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Dearborn-street bankers, have closed their institution without even posting a notice. Their whereabouts seem to be known only to themselves. The deposits are said to aggregate between $20,000 and $30,000. The firm started banking after a successful land speculation at Tolleston, Ind. MANCHESTER, N. H., July 24.-The National Bank of the Commonwealth will suspend payment to-morrow morning. This action was determined on at a meeting of the directors to-night, and the National Comptroller was notified. ORLANDO, FLA., July 24.-The First National Bank of this city closed its doors this morning. The withdrawal of deposits, which, it is said, have been heavy, is given as the cause. The general opinion among the bank's officers is that the depositors will not lose a cent. GREAT FALLS, MONT., July 24.-The Merchants' National Bank closed its doors at noon to-day. A notice signed by the directors was posted, and it stated that all the depositors will be paid in full. The bank held $21,000 city funds and $32,000 of the county, and $20,000 of State funds. There is no uneasiness about the other banks here.


Article from The Portland Daily Press, July 26, 1893

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city. The nas also been made that the general ledger is not among the effects of the institution. Koetting left with President Fumpff power of attorney to convert his real estate and homestead worth $50,000 into cash for the benefit of the bank's creditors. Florida Bank Collapses. ORLANDO, Fla., July 25.-The First National Bank of this city closed its doors yesterday. The general opinion among the bank's officers is that depositors will not lose a cent. Wisconsin Bank Short. MEDFORD, Wis., July 25.-The Taylor County Bank, owned by Hartman & Matt, assigned yesterday. The bank was the depository for county and city funds. Assets were given at $16,000. Herman Matt, the cashier, has absconded. Gave a Bond of $1,200,000. MILWAUKEE, Wis., July 25.-The J. Oberman Brewing Company failed today. Herman P. Oberman is assignee. His bond is for $1,200,000. Not Exclted About It. TOLEDO, O., July 25.-The Farmers' National Bank of Findley, O., closed its doors at neon today. No excitement prevails. Assets of $1,000,000. CHICAGO, July 25.-Following the confession of judgment for $87,175 in favor of the Continental National bank of Chicago, Parkhurst & Wilkinson, iron merchants, made an assignment. The concern's assets are estimated at $1,000,000. The confession of judgment was made on notes which the firm was unable to renew or meet.


Article from The Times, July 26, 1893

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Bank. Milwaukee people had become imbued with the idea that this bankthe old Mitchell Bank-was the Gibraltar of finance; that they could not credit the report that it had closed. There was general bellef that when all other banking institutions have disappeared from the face of the earth, that the bank which Alex. Mitchel! founded would continue to do business at the corner of East Water and Michigan streets, and it was this firm faith in the bank's stability that made the shock to public confidence so great. A few minutes after 10 o'clock the news that the bank had not opened its doors began to circulate on the streets, and immediately a rush began in the direction of the Mitchell building. People would not believe what others told them, but insisted on crowding up the marble steps and reading the notice of suspension for themselves. The story of the failure is one so often told now-a-days, steady and long-continued drain of deposits and inability to promptly realize cash upon collections. The bank is solvent and wealthy. TOLEDO, O., July 25.-The Farmers' National Bank of Findlay, O., closed its doors at noon to-day. No statement has been given out as yet. No excitement prevails, and the other three banks in the city are prepared for any run that may follow. INDIANAPOLIS, IND., July 25.-The Indianapolis National Bank suspended this mornig. The failure is for $1,200,000. For some days rumors were current that the bank was in trouble, and these rumors had the effect of starting a quiet run upon it, which, though quiet, depleted the bank's funds, and finally made necessary the action of to-day. LOUISVILLE, KY, July 25.-The Merchants' National Bank suspended payment this morning. INDIANAPOLIS, IND., July 25.-The Bank of Commerce did not open its doors this morning. WASHINGTON D. C., July 25.-Examiner McDonald has been directed to take charge of the falled First National Bank of Orlando, Fla. MILWAUKEE, WIS., July 25.-Late this afternoon the J. Obermann Brewing Company made an assignment. H. P. Obermann is the assignee, and his bond is $1,200,000. Foolish Itnn on the German Bank. LOUISVILLE, KY July 25.-At 1 o'clock this evening a small run was caused on the German Bank by an old colored woman, who had fifty dollars deposited there. She did not have the certificate with her, and loudly demanded that she be giveen her money without identification. The noise she made attracted attention. and in a few moments a hundred people were about the bank. The officials had a strong box, said to contain $300,000, brought over from the Louisville Trust Company. The money was spread out on the counter, and the cashier announced that he was ready to pay off any and all claims. A few of the depositors drew their money, but the others were speedily satisfied that the German Bank was in no danger, and left. Subsequently a heavy run started on the German Bank, and continued up to 3 o'clock. The bank had over a million in cash and $1,500,000 worth of securities, which can be turned into money at a moment's notice, Several of the banks kept open until 6 o'clock. Business Emparrasement. TOLEDO, O., July 25.-G. B. Hodgeman Manufacturing Company, one of the largest concerns in Produsky, went into the hands of receivers this morning. ST. LOUIS, MO., July 25.-Ripley & Bronson, iron merchants, No. 800 north Second street, made an assignment for the benefit of their creditors this morning. Liabilities, $150,000. About equal


Article from Richmond Dispatch, July 26, 1893

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Warm Wirelets. The little practice-ship Bancroft was finally accepted yesterday by the naval authorities. Examiner McDonald has been directed to take charge of the failed First National Bank, Orlando, Fla. The business portion of Hollow Rock, Tenn. was destroyed by fire Tuesday night. Loss, $40,009, with insurance small. A. J. Beall, a letter-carrier, was arrested in Washington yesterday for rifling the mails, having been caught through a decoy letter. Four explosions shattered the Ablon dynamite factory in Bonfleur. near Havre, France, yesterday. Nine men were killed and twenty severely wounded. France, Italy. Switzerland, Belgium, and Greece have agreed to exclude the twoand-a-half-franc silver piece from the international circulation of the Latin Union. Maggie Taylor. Lulu Johnson, Marian Smith, and Nellie Patrick, all young women, were drowned near Patrick's Landing, on the Wicomico river, Md., yes. terday by the capsizing of a sail-boat. The steamer Oceanic at San Francisco brings news from Honolulu of the appointment of William D. Alexander as a special commissioner to Washington to assist in the negotiations for annexation. There was a run on the German Bank, Louisville, Ky., yesterday afternoon. The bank has over halt a million dollars in cash and $1,500,000 worth of securities which can be turned into money at a moment's notice. The opinion prevails in official circles at Honolulu that after receiving Minister Blount's report President Cieveland will resubmit President Harrison's treaty of annexation, or some modification thereof to the Senate. The court of inquiry which has been in session at the Brooklyn navy-yard investi. gating the collision between the United States ship Monongahela and a Norwegian bark in the harbor of Madeira has exone. rated Commander Lyons, late captain of the war-ship. Secretary Herbert, of the Navy Depart. ment, arrived at the Kittery navy-yard, Portsmouth, N. H., yesterday, in the dispatch-boat Dolphin, and after being introduced to the officers of the yard and the United States vessels at the yard made an inspection of the yard. The New York World of to-day says: The Erie Railroad Company has gone into the hands of receivers. Judge Lacombe, of the United States Circuit Court, named John King and J. G. McCullough. They gave $500,000 bonds, with D. O. Millsand J. L. Welch, of Philadelphia, as sureties. As a result of counter-offers the Federal Treasury Department purchased Tuesday 107,500 ounces of silver at .6900 cents per ounce, including the 50.000 ounces announced in Tuesday's dispatches. The price of silver in London vesterday showed a slight advance over Tuesday's prieg. The race for th Steward's Cup at Good. wood vesterday was won by Mr. Henry Milnor's 2-year-old chestnut filly Medora, by Bendor. out of Ageneta, M. E. Blanc's 3-year-sld chestnut colt Marly, by Energy, out of Modest Martha, being second, and Mr. F. Hobson's 6-year-old bay horse Que. bec. by Canadian, out of Vesper, third. Bank managers at Hamilton. Out., re. port that a large amount of money has been received from American citizens during the part few days to be deposited in banks there, a deposit of $45,000 having been received yesterday from a woman living in Buffalo, N. Y., who had withdrawn the amount from a bank in that city.


Article from The Sun, July 26, 1893

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Other Bank Troubles. MEDFORD. Wis., July 25.-The Taylor County Bank. owned by Hartman and Matt. assigned yesterday for the benefit of creditors to F. L. Urquhart. The bank was the depository for county and city funds. Assets are given at sconded. $16,000. Herman Matt. the cashier. has abCONNORSVILLE, Ind., July 25.-The liabilities of the Citizens' Bank. which failed yesterday. are about $150,000. Mr. Huston's total assets will reach near $500.000. He holds more than enough collateral to liquidate the total indebtedness of the bank as soon as it can be realized upon. WASHINGTON, July 25.-Examiner Ford has been directed to assume charge of the failed Louisville City National Bank of Louisville, Examiner Escott of the failed Kentucky National Bank of Louisville, Examiner Young of the failed Indianapolis National Bank of Indianapolis. Examiner McDonald of the failed First National Bank of Orlanda. Fla., and Examiner Wilson of the failed Merchants' National Bank of Great Falls. Mon. The Comptroller of the Currency is advised that the Hutchinson National Bank of Hutchinson. Kan., which failed some time ago, is preparing to resume business. The First National Bank of Cisco. Tex., which suspended payment on the third instant. having complied with the conditions imposed by the Comptroller of the Currency. has been permitted to reopen its doors for business. The abstract of the condition of the national banks in Chicago. Ill., on July 12 last. shows the reserve to have been 30.6 per cent. The total lonns and discounts were $81,853,000: individual deposits. $66,000,000; surplus fund. $11,522,000, and gold and gold certificates. $12,500,000. The reserve for Detroit was 24.80, and for Minneapolis, 27.21 per cent.


Article from The Times, July 28, 1893

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LATER. THE Forest and Dean mines near Highland Falls, N. Y., which had been in operation continuously for a hundred years, closed down for an indefinite period. SEVENTY guards in camp at Seagirt, N. J., were poisoned by drinking from cups washed in oxalic acid. A PIRATICAL outbreak occurred among the Achinez passengers on board the Dutch steamer Rajah Kongsee, trading on the eastern coast of Achon, and the Achinez killed the English captain, mate and twenty-two of the Asiatic sailors. DURING a gale at Buzzard's Bay, Mass., a yacht was capsized and six persons were drowned. THE Plainview (Neb.) State bank was robbed of $3,000 in cash, and in consequence the bank did not open its doors. THE extensive manufacturing firm of Bradley & Co. at Syracuse, N. Y., went into a receiver's hands with liabilities of $350,000. A SEVERE cyclone passed over the little town of Cale, I. T., destroying houses, barns, and everything in its path. FROM twenty to thirty Chinamen are said to enter the United States nightly via the Mexican border. A BLAZE in the Ohio Transfer & Storage company building at Columbus, O., destroyed the plant. Loss, $300,000. THREE boys and a man were killed by the explosion of a powder house near Huntington, Ind. BANK failures were reported as follows: The First national at Orlando, Fla., Tacoma national at Tacoma, Wash., City national at Louisville, Ky., Citizens at Connersville, Ind., Taylor county at Medford, Wis., and the National bank of the commonwealth and Bank of New England at Manchester, N. H. THE two hundredth anniversary of the birth of the city of Detroit, Mich., was celebrated. GAUDAUR defeated Hanlan in the boat race at Toronto, Ont., for the world's championship. DIRECTOR GENERAL DAVIS, President Higinbotham, Commissioner St. Clair, Commissioner Massey and Director C. H. Schwab were served with a notice to appear in court before Judge Stein in Chicago to show cause why they should not be attached for contempt of court in not opening the gates of the exposition on Sunday in violation of the injunction against closing issued in the Clingman case.


Article from The Progressive Farmer, August 1, 1893

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Johnson County Savings Bank sus pended at noon yesterday and will go into the hands of a receiver The bank has ample funds, but inability to col lect and the heavy runs caused the failure. The officers say that the de positors will be paid in full. OMAHA, Neb., July 21.-The first of th e miners from Colorado who were forced to seek employ ment elsewhere arrived in this city on a freight train this morning. They say thousands more will follow them They are scattering for the harvest fields and the iron mines of the North and for Chicago. ALBANY, N. Y., July 21.-Owing to depression in business Mr. S. L Munson, who has been carrying on a shirt manufacturing business in this city for years, and has factories in Cobleskill and other places, will run his establish ment on half time. He employs about one thousand hands in his different establishments. TOLEDO, Ohio, July 21.-The affairs of the Central Insurance Company ap pear to have been in a very fragile condition, according to the report of the receiver, E. S. Chittenden, which was filed in court yesterday. NASHUA, N. H., July 20.-The Secur ity Trust Company closed doors this morning The bank has not met with losses, but stopped business on account of the withdrawal of deposits. The treasurer states that the bank will be able to pay all depositors in full. It has capital and surplus amounting to $250,000, which must be paid out before loss can come to the depositors There is considerableexcitement in consequence of the suspension. PLATTSBURG, N. Y., July 20.-The Chateaugay Ore and Iron Company, whose mines and iron foundries are located at Lyon Mountain, closed down to-day, as did also the Crown Point Iron Company. mine and iron mak ers at Crown Point. The cause given is dullness in the iron trade. About a thousand men are thrown out of employment. The principal stockholders of both companies are New Yorkers. BOSTON, July 20.-Joseph Vercelli, proprietor of Hotel Vercelli, No. 200 Boylston street, has assigned. The liabilities are said to be $30,000. Mr. Vercelli states that he has expended $40,000 in repairs and improvements on the building within eighteen months, and that being pressed for money to meet his bills and unable to satisfy his creditors he assigned. CHEYENNE, July 20.-The private banking house of T. A. Kent failed to open its doors this morning. There has been a quiet, steady decline for some weeks and closing was inevitable. Most of the deposits of this bank were time certificates and but few of the business houses are affected. J. W. Foster is made assignee and is now in charge. He believes that depositors will be paid in full. TOPEKA, Kansas, July 20.-Notice of the failure of the Bank of Belleville, Republic county, has been received at the State Bank Commissioner's office. It was a private bank with a capital of $20,000. GUTHRIE, July 20. -Runs werestarted on every bank in this city to day, but all depositors are being paid in full and things are quieting down. MILWAUKEE, July 25.-The Wiscon sin Fire and Marine Insurance Company bank closed its doors this morning. This is Senator Mitchell's bank and has been considered the strongest bank in the city. TOLEDO, O., July 25.-The G. B. Hodgman Manufacturing Company, one of the largest concerns in Sandusky, went into the hands of a receiver this morning. INDIANAPOLIS, July 25.-The Indianapolis National Bank suspended this morning. The failure is for $1,200,000. For some days rumors were current that the bank was in trouble and these rumors had the effect of starting a quiet run upon it, which, though quiet, depleted the bank's funds and finally made necessary the action of to day. LOUISVILLE, Ky., July 25.-The Merchants' National Bank suspended pay ment this morning. WASHINGTON, July 25.-Examiner McDonald has been directed to take charge of the failed First National Bank of Orlando, Florida. ST. LOUIS, Mo., July 25.-Bysley & Bronson, iron merchants, No. 800 North Second street, made an assignment for the benefit of creditors this morning. The liabilities are $120,000, and about equal assets. MILWAUKEE, Wis., July 25.-Late this afternoon the J. O'Berman Brewing Company made an assignment. H. P. O'Berman is assignee, and his bond is $1.200,000.


Article from The Farmers' Union, August 3, 1893

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How the World Wags. THE First National Bank of Orlando, Fla.. has suspended. No figures are given. HENRY BACH. wholesale clothing, New York. has failed. The liabilities are $100,000. SECRETARY CARLISLE has removed W. N. Wicker, Chinese Inspector at New Orleans. THE Arbuckle coffee mills at Brooklyn have closed down, and 800 persons are out of work. BY securing control of the mills at Lancaster. Pa., the cork trust now controls the trade. PRESIDENT CLEVELAND and Col. Lamont made a great catch of bluefish in Buzzard's Bay. EUSTACIO LOBATO was shot dead at Albuquerque. N. M., in a fight over cattle by cowboys. A CYCLONE destroyed a number of buildings at Cale. Ohio. Great damage was done to crops. MORRIS TRETTEN. a 5-year convict, escaped from Sing Sing. He was serving a term for assault. HALLE ALDRICH. a pretty brunette aged 19. suicided in Omaha, Neb., by shooting, in a fit of jealousy. SEVEN persons suffered broken limbs by falling boards and bricks during a wind storm in Lowell, Mass.


Article from The Morning News, August 10, 1893

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there it struck a fence and was conveyed by the wire for a considerable distance. tearing up the posts and a gate. This was on the property of Albert Endel. Ocala Capitol: The denizens of the north end are up in indignation and will attend the next meeting of the council in a body. They claim that a policeman is never seen nor a garbage wagon. nor an alderman in their vicinity. The only thing they ever had in the way of a public improvement was an electric light and that has been taken away from them. Titusville Star: Marshal Henry Titus returned from St. Augustine Monday afternoon with two men who were arrested for selling whisky without a license in this county. They have been carrying on their business in a sall boat called the White Wings, mainly following up the gang of laborers on the Flagler railroad. They gave bond in the sum of $250 each for appearance at the next term of the county court. Tallahassee Floridian: Phosphate money is beginning to come in already since the supreme court settled the question of law and now we trust the much talked of $100,000 will resolve itself into cold cash at an early day. There must be considerable money due the state from this source, but it is about as dimcult for a state to collect as for individuals, and the probabilities are that some of the companies will be utterly unable to pay on demand-however, we shall soon find out. Two hundred and twenty-nine depositors in the First National Bank of Orlando met Monday. Those present included many of the heaviest depositors. W. L. Peeler was elected chairman and W. H. Greenthan, secretary: Resolutions were then adopted requesting Controller Eckels not to appoint any one as receiver who was connected with the bank as a stockholder. officer. attorney or otherwise, or who was associated personally or politically with any one who was thus interested. This is a protest against certain candidates for the receivership, and it was adopted with only one dissenting vote. St. Andrews Buoy: Louden & Hill, who are foremost in the sponge trade in this city. have received news that the crop of sponges is an entire failure. This means a loss of $250,000. most of which will fall on the operators, although the sponge fishermen will also suffer. Mr. Louden stated that the failure was due to the heavy gales along the Florida coast, making the waters muddy and preventing the fishermen from securing their usual harvest. The supply that did not come to hand was lying off the Anclote banks, on the western coast of Florida, between Cedar Key and Tarpon Springs. Florida sponges, in consequence, will command high prices and are already becoming scarce. The annual crop from Florida's various fishing grounds is valued at between $400,000 and $500,000. and is shipped mostly to the United States. only a limited quantity going to England and Germany.


Article from The Morning News, August 14, 1893

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FLORIDA MAILS. They do Not Seem to Satisfy tl People. The Winchester Rifle Tax-It is R garded as Burdensome-That R markable Dog Case Again Referre To. Orlando, Fla., Aug. 13.-There wa great excitement all along the line whe the South Floridas Railroad fast ma train came from Jacksonville on Thursda night without any "news butcher," an not a single copy of the MORNING NEW or the Times-Union could be had for lov or money. Reports of the yellow feve scare had come by private telegrams an the public mind was greatly excited. Bt we have got used to this thing. When ever there is any thrilling news ther often is no "news butcher" or no new papers. Persons who own Winchester rifle about here are kicking like Texas steer at the law which requires them to give bond of $100 to use them only in a prope and legitimate manner. Many people car not give this bond. and SO are compelle to sell their Winchesters or exchang them for shot guns. The law was de signed to keep irresponsible negroes from carrying deadly Winchesters, but it is law that cuts both ways and is eausin lots of white people no end of trouble There are only two things to do-give th bond or get rid of the rifle at once. Whil this law remains in force, dealers in fir arms will sell few if any, Winchesters t the people of Florida. The arrest of the officers of the defund First National bank in this city was no unexpected by those who were familia with the affairs of the bank, still it deeply regretted that President Poynt and his associates did not take promp steps to avert any such calamity. On sad feature of the failure is just now seri ously conspicuous in the fitting out of th Orange county exhibit car for the world fair. The fair committee had some 870 in the bank, and of course, the fair will be a thing of the past when they recove the money, if it is ever paid. The citizens however, are doing the best they can, de spite their own losses. to make the ca worthy of one of the best and healthies counties in Florida. I see that in the Savannah board of ed ucation, at a recent meeting. Col. Estil introduced the subject of female princ pals for certain public schools. There i only one point in the subject that need to be discussed-can suitable femal teachers be secured with which to try th change? I have had a long and varie observation, with some experience, in thi feature of public schools, and I find that poor male principal is just as bad as poor female principal. It is not fair, i making the change, to put a poor femal principal in the place of a good male prin cipal and expect her to be a success. Th change, when properly made, has prove successful in every sense in the Atlant schools, as well as in Columbus. A Winter Park, four miles from here, is on of the best high schools in the state, and yet it is presided over by a young lad; principal, Miss Emma Dart. All femal teachers. however, cannot be trusted a principals any more than all the mal teachers. My dog case in the NEWS of Aug. 10 seems to have attracted general attention it being the most remarkable on record One reader wishes to know how so smal an amount $137.50-you had it $37.50, -coul have been recognized by United State Judge Jackson. Mr. W.J. McSween, the owner of the dog. "pooled" his claim with those of other parties to an amount larg enough to be recognized by the Unite States circuit court. Another reader o the MORNING NEWS does not see how railroad can be made to pay for a dog ru over while crossing its track in front o moving cars. Judge Rose of the circui court of Tennessee, in his charge to th jury, made it plain to them thata railroa had no more right to be careless in regar to a dog on the track than it had as to horse or cow. If the dump cars wer running through town at an unusua speed when they killed this dog at New


Article from The Florida Agriculturist, November 1, 1893

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FLORIDIANA. A Cuban who was a passenger on the Mascotte on her last trip out committed suicide by jumping overboard while the vessel was at sea. His name has not been learned.-Tampa Times. Last Friday about midnight as Geo. Patterson was passing up Ocklawaha Avenue to his home some unknown wretch fired at him, the ball passing through the crown of his hat. A well-posted gentleman remarked a day or two since that SO far the people of Fernandina had expended not less than $10,000 on account of the World's Fair. And yet nearly all of us are grumbling about the hard times.-Fernandina Mirror. A carload of machinery arrived at the union depot yesterday afternoon, consigned to the St. Augustine Park association. The machinery will be used in the new dredge-boat, recently constructed to do service in the Maria Sanchez creek. The boiler is fifty horse power.-St. Augustine News. Receiver J. N. C. Stockton, of the First National bank of Orlando, acting under direct orders from Comptroller Eccles, is sending out circulars to persons who on July 24th, the date of the bank's suspension, withdrew their deposits from said bank, demanding a return of said deposit, as their withdrawal was a violation of the United States banking laws. -Orlando Reporter. The burgular who has been going around town of late, purloining other people's goods, was captured by Marsbal Titus last Saturday night. He is a colored man named J. J. Johnson, and is wanted in Manatee County for murdering a woman. We are told the marshal made a very clever capture in this case, as he had very little clue to work upon. -Titusville Advocate. A German boy stole $38 from the captain of the fruit schooner Vision Saturday night. He saw the captain put the money in a satchel and while the latter was up town attending to business the boy cut a hole in the satchel, took the money and skipped out. The captain and Deputy Sheriff Mooney hunted for the boy all day yesterday, but did not find him.-Tampa Times. There seems to be considerable violation of the game law in this vicinity. Quail are being killed every day. A young man from the country the first of the week had thirty-three in a box, which he had caught in a trap, and offered the same for sale on the streets of Eustis. We do not know whether or not he disposed of the birds, but he was warned he was violating the law by offering them for sale. The Cocoanut Grove Hotel, at Palm Beach, was burned last night. The loss is about $60,000, partly insured, A heavy gale was b'owing at the time The origin of the fire is unknown. The. hotel formerly belonged to E. N. Dimick and was sold to Mr. Clarke, of Pittsburg, Pa., and was to have opened for the winter season next month. It was occupied all summer by Mr. Flagler's mechanics. They lost everything. The Narrows shipped last year, as


Article from The Morning News, December 18, 1893

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FLORIDA A religious revival is in progress in Cedar Key and many people are professing conversion. The Lakeland Sun has again changed hands. It nowis D. W. D. Boulby publisher an H. J. Drane editor. St. Augustine News: South Beach dock is nearly finished. The road will be in operation by the last of next week. The insurance company has adjusted the loss on Capt z. T. McKay S property, at Brooksville. which was burned last week. William M: Thompson. who traveled from Benton-Harnor. Mich. in a one horse wagon. passed through Brooksville last Saturday, en route for Tampa. He started on his long over and trip Out. 2, and called on the most prominent people and places on his trip, including GOV. Mitchell. At Pana olkee a young man arose arly a few mornings ago to take the train south. The train being late. he waited very patiently for several hours, finally deciding to take a short nap. A few minutes later he was awakened by the noise of the departing train, grabbing his hat he rushed out just in time to see it di appear around the curve. The rumor that the officers of the First National Bank of Orlando would be tried at Jacksonville to-day is untrue. as United States District Attorney Summers sa d Saturday morning that he was waiting on the grand jury for indictments. only one so far having been found. and that yet he did not know when the trial would begin. There is an opinion that the cases will not be tried this month. J. F. LeBaron. formerly a resident of Titusville, who is now in Jacksonville, aside from just completing the plans of the building of the Duval Athletic Club, in which it is proposed to hold the Corbett Mitchell contest. has just furnished a map, showing the ancient mounds and shell heaps in Florida as prepared by him in 1880. which will appear in a catalogue of the prehistoric works east of the Rocky mountains. W. H. Walstine. a colored man who has been working at the carpenters trade in Titusville for many years. lost the sight of his right eye a few weeks ago, caused by several minute pieces of glass fiving in the eye while he was scraping an ax-heive with a piece of glass. At first his eye pained him very much, but after getting the particles of glass out he gradually lost the sight, until now he cannot it. The palatial steamer St. Lucie has been chartered by the business men of Titusville for a free excusion from Melbourne and all intermediate points on Indian river, starting from ourne at 50 clock m. Thursday, Dec. 21, and returning on the afternoon of Dec. 22. A program of arrang ments is being affected. to include bieycle race. foot ball match fireworks. grand ball in the evening, and other amusements The stockholders of the collapsed first national bank, of Orlando. which suspended July 24. are trying to make some adjustment with the depositors and creditors which will o iable the bank to resume. A circular letto has Been sent to each depositor submitting a proposition to pay D per cent. down and a similar payment. or larger if the collections will permit. at the expiration of each 90 days until all is paid. If the creditors accede to this proposition. the stockholders propose to put up $75,000 at once as a working capital for the bank to enable it to handle the business. Titusville Star: Col. Robert Davis. of Palatka, visited Titusville last Saturday in the interest of the Atlantic and Western Railroad company, he representing said company in the suit of Jack Mooney vs. said railroad. The case was referred here from the circuit court of Volusia county. in which Jack Mooney secured a jud, ment against the railroad above mentioned for $1,350. for injuries sustained by falling through the railroad wharf at New Smyrna. he road was represente here by Mr. Howell Titus: Hon. H.F. Atkinson being the attorney for the plaintiff. Judge Jones acted as the referee in this case. and a compromise was effected by Mooney agreeing to accept half payment of the judgment, which offer was made on the part of Col. Davis.


Article from The Morning News, December 26, 1893

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FLORIDA The Florida conference of the M.E. church, south, will convene at Palatka on Wednesday, Jan. 3. It is reported that Dr. A. W. Johnson has sold his place, one mile northwest of Arcadia, to Lewis H. Parker. for $10,000. The Florida orange crop for this season is estimated to be about 4,500,000 boxes. against 3,500,000 last year. and of this amount at least one-half will have been shipped Jan. 1, All the railroads in the state have made a one cent a mile rate for the state teachers' convention in Gainesville, next week. This rate is for all teachers, school officials and advanced pupils. The partnership in the retail grocery and provision business between Albert A. Hópper and Frances J. Hopper, carried on under the firm name of Hopper & Co., on Center street at Fernandina, has been dissolved by mutual consent. The business is to be carried on by the said Frances J. Hopper. Joseph Brunner. of Omaha. alias Joseph A. Deming, who claims to be from St. Augustine, was arrested in Kansas City, Mo., a few days ago by Officer Stratton and locked up at No. 2 station on the charge of burglary and larceny. When searched at the station he was found fairly burdened with jewelry and trinkets, masks and burglar's tools. W. E. Danials, the pioneer merchant of Arcadia, has closed a trade with E. T. Smith, the young hardware merchant, selling his 2-story mercantile house and lot, his undertaking, furniture, hardware and queensware stock. This leaves Mr. Daniels with a small stock of dry goods and groceries, which he will dispose of in a few days and retire from business entirely. Mrs. L. J. Tate's beautiful residence on the bluff, "Villa Rameau," at Clear Water Harbor, was destroyed by fire Friday night. The fire is supposed to have originated from the explosion of a kerosene lamp. The loss is very much deplored by everyone, as it was one of the most beautiful places in the county. It was the home of Col. Sam Tate, of Memphis, when alive. The controller of the currency, Hon. J. H. Eckels, has directed Receiver Stockton to make an assessment upon the stockholders of the suspended First National Bank, of Orlando, to be paid by them on or before Jan. 15. The assessment is for the full value of their stock. or $100 upon every share of the capital stock owned by them. John N. C. Stockton, the receiver of the bank. has been instructed to take the necessary legal steps to collect the assessment to the amount of the individual liability of the several stockholders. At Tampa Saturday, E. R. Gunby. attorney for Carrie Hammerly filed an instrument deeding a home, which she had purchased in that city, to the children of Tampa, to be held in trust for them forever. The trustees named in the deed are: T. C. Taliaferro, I. S. Giddens and H. L. Crane. and the appointment of their successors is provided for. The home is to be a refuge and shelter for every child in need of a home. whether an orphan or not. It is to be wholly unsectarian and undenominational and will be managed by a competent board of ladies, which will soon be organized. It will be opened on Jan. 1. George W. Williams, a citizen of Key West, who has been for some time engaged in the fish business in Tampa. arrived at Sanford on the late train from the south Friday night. He went to the Hotel Wilson and was assigned a room. This morning at an early hour the clerk of the hotel detected the fumes of escaping gas, which was discovered to emanate from the room occupied by Williams. After repeated efforts to rouse Williams by knocking, the door was forced open, and Williams was found undressed. lying on the floor alongmide the bed, from which he had evidently


Article from The Times, March 18, 1894

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Permitting Banks to Resume. WASHINGTON, March 17.-Comptroller Eckels to-day granted permission to the Brunswick National Bank, Brunswick, Ga., to open for business Monday next. This bank will liquidate business of the old National Bank in Brunswick that failed last year. He has also decided to permit the First National Bank of Orlando, Fla., to reopen for business sixty days from date, provided the bank complies with certain conditions imposed by the Comptroller. These conditions include new management, payment of certain percentage of its old obligations, etc. The bank failed last summer, and has been in the hands of Receiver Stockton ever since.


Article from The Times, May 4, 1894

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Indictments Against Bank Officers, JACKSONVILLE, FLA., May 3.--The United States grand jury in session has returned several indictments against Nai Poyntz and Ollie T. Poyntz, president and cashier, respectively. of the suspended First National Bank of Orlando, Fla., for embezzlement and making false returns as to the bank's condition. Directors Parramore, O'Neal, and Lee, of the bank, have also been indicted for signing false statements of the condition of the bank's affairs. The cases are set for trial May 21st. Ollie Poyntz is in a sanitarium at Cincirnnati, and Judge Swayne has requested the United States District Court at Cincinnati to appoint a commission of experts to examine into his mental condition and report as to whether or not he will be able to appear at Jacksonville on May 21st.


Article from The Morning News, May 5, 1894

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JACKSONVILLE PROSPEROUS Not Much Worry There About a Dull Summer. Speculation as to the Effect of the Indictment of Bank Officials-Some Remarks About the J., T. and K. W. Railroad. Jacksonville, Fla., May 4.-So far as this city is concerned there is no great cause to worry about a dull summer ahead. Our hotels are still doing a good business. the New Duval, the Placide, and the St. John's house being open for the season, and the Carlton undergoing extensive improvements under new ownership. The United States court is in full operation, and that calls a large number of people here for a week or two at a time, and makes our streets livelier. There is one summer feature in Jacksonville that is worthy of more than a passing notice. The large colored population is quite industrious and money-making during the winter, but in the summer the home dwellers indulge in a constant series of social pleasures, mostly by steamboat or railroad excursions to shady picnic grounds or desirable seaside retreats. This keeps a good deal of loose change in circulation and helps the retail trade wonderfully. It is customary for one or two bands to parade the streets daily, and hundreds of neatly dressed colored people can be seen wending their way with well-filled baskets to the wharves of rival steamboats or the depots of rival railroads for a day of social pleasure in the woods or at the seashore. This is much better for our merchants than to see whole families pack up and go off for the summer to spend their money with strangers. Jacksonville has in sight many improvements that will give steady employment through the usually dull season to her mechanics and laboring men. Street paving is still going on, the elegant new government building is to be entirely fitted up inside, the big union passenger depot is already started, and possibly two large hotels may grow out of its establishment. The street railway lines are to be extended and improved into electric lines, which will be a great improvement over the present uncertain and disjointed "hay burner" system. Another enterprise, a part of the million dollar bond issue, is the proposed erection of a splendid city market on the Gen. Burbridge lot just beyond the Metropolis office. The building of the Bay street front, and the other railway and steamship improvements, will help to swell the demand for every kind of labor. All in all, therefore, Jacksonville views theopening of the hot season without much fear that the dreadful cry of "hard times" will be heard here. The action of the grand jury of the United States court in finding indictments against the officers of the First National Bank at Orlando, just at this time, will no doubt prove a serious setback to many business interests up in Orange county. After months of hard work the friends of the bank had about secured the resumption of the same, and depositors were hopeful of its future. The prosecution of the old officers may result in disconcerting the plans already perfected and keep the affairs of the unfortunate bank in the hands of the receiver for an indefinite period. To many persons the finding of the indictments was a great surprise, while to others it was the "expected." That somebody was criminally negligent, to use the mildest term, in the management of the affairs of this bank, cannot be denied, and possibly the trial of the parties indicted may result in showing who that somebody is. In the meantime the unfortunate depositors will fully enjoy the "hope deferred" that maketh the heart sick. The affairs of the Jacksonville, Tampa and Key West railway have occupied the


Article from Staunton Spectator, May 9, 1894

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Tip, the big elephant in the Central park, New York, menagerie, who has killed eight men, tried to slay his keeper Thursday. He pinned him fast with his trunk, but the man escaped safely. Tip will be put to death if no one can be found to curb his fearful temper. Representative Tucker's committee, that on the election of President and Vice-President, agreed Saturday to report favorably the bill providing for changing the days for the commencement of the sessions of Congress. President Cleveland, Vice-President and Mrs. Stevenson, members of the United States Supreme Court and a number of Senators and Representatives will attend the unveiling of the Mary Washington monument at Fredericksburg, Thursday-to-morrow. Nathaniel Poyntz and Oliver T. Poyntz, president and cashier, respectively, of the suspended First National Bank of Orlando, Fla., have been indicted for alleged embezzlement and making false returns as to the bank's condition. Directors Parramore, Oneal and Lee, of the bank, have also been indicted.


Article from The Morning News, May 11, 1894

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AFFAIRS AT ORLANDO. Fraternal Action of Confederate and Federal Veterans. Orlando, Fla., May 10.-This place has a Grand Army of the Republic post and a camp of confederate veterans. The Grand Army of the Republic men held a meeting last night and completed preliminary arrangements for the proper observance of Memorial day. They decided to invite the veterans to join with them in the religious services, as well as in the decoration of graves of old soldiers-both those who wore the blue and the gray. Orange county is out of debt. Three or four years ago the county undertook to build in this place, the best court house in the state. It put up the building, but has been carrying quite a debt until yesterday, when warrants were drawn on the treasury, which is prepared to meet the drafts, for the last of the indebtedness. Arthur F. Odlin, whose sawmill at Windermere was burned recently, has brought suit against the receiver of the Florida Midland railroad for $15,000. which he claims as damages for loss of his mill. It is alleged that negligence on the part of the operators of the railroad caused the fire. A deputy United States marshal has been in this section securing jurors for the term of court in Jacksonville set for May 21. That date has been fixed for the trial of Nat. Poyntz and Ollie T. Poyntz, president and cashier, and J. B. Parramore, J. H. Lee and W. R. O'Neal, directors of the suspended First National Bank of this place. There are three indictments against each of the directors. and twenty against each of the Poyntz brothers. Sheriff Anderson left early this morning for Paola, for the purpose of investigating the breaking of a safe and robbery of the store of Edgar Harrison, which occurred a night or two ago. On July 24 last the First National Bank of Orlando closed its doors. It had been regarded as one of the safest banks in the state, and it had the confidence, as well as the shekels, of many people of this section. It has been in the hands of a receiver since then. A few months ago an effort to reopen was commenced, and the work has steadily progressed since then. A plan of resumption was approved by Controller Eckles, and all work has been prosecuted along the line of this plan. The day set for reopening the doors of the bank is Tuesday next, May 15. There yet remains a few preliminaries to be settled. But the main requirements of the controller have been complied with. The old stock of the bank was $150,000. Under the new plan several of the stockholders have dropped out, and the capital stock has been reduced to $75,000. There is a considerable amount of money in the hands of the receiver to which the controller required that $10,000 of ready money be added to meet the demand liabilities at the time of opening. The $75,000 cash for the capital stock and the extra $10,000 has been raised by the stockholders. A. D. Lynch, of the treasury department, an all-around expert in banking matters, and a gentleman to whom the department trusts the details of settling national bank affairs. when such institutions are in trouble, will be here this evening to assist and direct in the selection of officers and a board of directors, and the adjustment of any other details that may appear in the final work of putting the bank on its feet once more. In prospect of the speedy reopening of the bank and the putting into circulation of some $50,000. the first installment of the bank's indebtedness to the people, has brightened up business materially and the residents of this section look forward very hopefully.


Article from The Morning News, May 19, 1894

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ORLANDO'S BANK TO RESUME. 1 The First National to Throw Open Its Doors Next Monday. Orlando, Fla., May 18.-The suspended First National Bank, of Orlando, which has been in the hands of a receiver since July 24 of last year, will open its doors for resumption of business on Monday morning next, under the management of a new board of directors, and with new officers in charge. The result has been achieved after an immense amount of work, and in spite of much opposition. This is a red letter day for Orlando. It is the opening day of a new era of pros perity.


Article from The Durham Daily Globe, May 21, 1894

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TO RESUME MONDAY, The First National Bank, of Orlando, Fla., to Open Again. ORLANDO, Fla., May 21.-Arrangements have been completed by which the First National Bank. which suspended several months ago, will resume business Monday. All the old directors resigned and a new board was chosen, W. B. Jackson being chosen president and I. W. C. Parker cashier. When the bank opens Monday morning, 20 per cent will be paid all depositors. The old officers and several of the directors are now under indictment for violating the national banking laws.


Article from Evening Star, May 22, 1894

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A Bank Reopens. The First National Bank of Orlando, Fla., which suspended payment July 24, 1893, has been restored to solvency, and was yesterday permitted to reopen its doors for business as an active national banking association.


Article from The Morning News, May 28, 1894

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FIRST NATIONAL PROSPEROUS. Grapes Have Made Their Appearance in Market. Orlando, Fla., May 27.-The city authorities are enforcing the ordinance which prohibits the running of railroad trains inside the corporate limits at a higher rate of speed than five miles an hour. One of the engineers on the South Florida division of the Savannah, Florida and Western road was yesterday fined. The first week of business of the reestablished First National bank shows up well. At the close of business yesterday the books showed the deposits for the first week were only a fraction short of $60,000. Under the terms of resumption the bank was to pay old depositors 20 per cent. of their claims on the opening day, provided, of course, the creditors called for it. In fact, only about $500 was called for. The first ripe grapes of the season were brought in by H. H. Dickson from his Niagara white vineyard yesterday. In many of the other vineyards the first clusters to form in the spring have attained their full size, and the fruit is beginning to sweeten. The old veterans of both armies in the late unpleasantness, met at the residence of E. A. Richards this morning and marched together to the Methodist church, where Rev. B. K. Thrower delivered an appropriate discourse to such an- occasion. The confederate veterans and grand army republic men have laid aside all feeling toward each other except fraternity.