2471. First National Bank (Orlando, FL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3469
Charter Number
3469
Start Date
November 16, 1895
Location
Orlando, Florida (28.538, -81.379)

Metadata

Model
gpt-5-mini
Short Digest
d3d14d1c

Response Measures

None

Description

The articles document suspensions of the First National Bank of Orlando in November–December 1895 with W. B. Jackson appointed receiver. Cause cited repeatedly is inability to realize on Florida securities after freezes (bank-specific asset impairment). Later articles (1900, 1929, 1933) show receivership dividends and that a First National existed later — indicating later reorganizations or separate episodes. For this episode (1895) the bank suspended and went into receivership (permanent closure for that corporate incarnation), so classified as suspension_closure.

Events (4)

1. November 16, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Unable to realize on Florida securities after severe freezes; insufficient liquidity to meet payments; directors suggest receiver or continuance under agreement.
Newspaper Excerpt
Owing to the freezes of last winter, however, we have found it impossible to realize upon Florida securities (of which the bank's assets are chiefly composed) in time to make the next payment, and are extremely doubtful as to our ability to meet other payments as they fall due.
Source
newspapers
2. November 29, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Court filing states the bank has suspended and is under control of the U.S. controller of the currency (following insolvency/liquidity problems).
Newspaper Excerpt
the bank has suspended and is in the hands of the controller of the currency of the United States
Source
newspapers
3. December 5, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Second suspension; president received commission as receiver — bank placed in receivership after suspensions due to asset illiquidity from freeze-damaged Florida securities.
Newspaper Excerpt
W. B. Jackson, president of the First National Bank of Orlando, which recently suspended for the second time, has received his commission as receiver for the bank.
Source
newspapers
4. June 3, 1900 Other
Newspaper Excerpt
Mr. W. B. Jackson, receiver of the First National Bank, is now paying a dividend of 20 per cent. to the creditors of the bank, the first that has been declared since its suspension. The dividend will amount to about $12,000, the larger part of which goes to creditors in this county.
Source
newspapers

Newspaper Articles (17)

Article from The Morning News, November 16, 1895

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fell due, and up to last December the management of the bank were very hope. ful. of ultimate success. Owing to the freezes of last winter, however, we have found it impossible to realize upon Florida securities (of which the bank's assets are chiefly composed) in time to make the next payment, and are extremely doubtful as to our ability to meet other payments as they fall due. The directors, after a careful review of the situation, deem it advisable to make the following suggestions, and to ask an early reply as to your wishes in the matter: First, you have the right, when the certificates fall due, to demand payment on same, and upon the failure of the bank to meet such demand, to cause a receiver to be appointed to close up the affairs of the bank: or, second, you can, if you so prefer, agree that the management of the bank shall continue its business and pay the certificates as rapidly as practicable (no definite time being fixed for payments). Third, you can appoint a trustee to take charge of the assets of the bank to work them out for your benefit. (This last suggestion to be subject to the approval of the stockholders.) William B. Jackson, J. D. Beggs, John M. Cheney, James L. Giles, W. A. White, C. R. Switzer. directors of the First National Bank of Orlando."


Article from The Morning News, November 17, 1895

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# FLORIDA ORANGE GROWING. About Frost Proof Localities and the Future-More Losses by Bank Fail- ure at Orlando. Maitland, Fla., Nov. 16. In the opinion of the horticulturist of Riverside, Cal., the Florida freeze of last winter is like- ly to stimulate the extensive planting of oranges, early fruits, etc., on the Gulf coast of Mexico. Already it is rumored that parties are talking of a steamship line to that section to handle the fruit crops. There is no reason why the late freeze should cause any such movement as the above named. Florida is the natural home of the orange in this country, and ail attempts to side track the industry into other channels because of infre- quent cold snaps will prove a failure. Should the prediction of Weather Pro- phet Dr. R. Hicks of another freeze near- ly as severe, during the coming January, prove true, we must admit that the fu- ture of orange growing as a marketable crop in Florida would get two "black #yes." But will the orange growers on the Gulf of Mexico be any better pro- tected from a like calamity? The fact is apparent, it seems to me, that the climate of the south has under- gone great changes during the past twenty-five years. Some attribute this change to the wholesale slaughter of the line forests, the drainage of large bodies of land, and the settling up of once un- populated sections. Be this as it may, all will admit that we now have sudden and severe changes in the weather almost un- known a quarter of a century ago. Florida is the invalid's home, despite occasional cold snaps, and should the orange crop fail again as a money pro- duct of the soil, thousands of invalids would still be compelled to have their homes here, if not all the year round, at least during the winter months. These people would continue to cultivate or- ange trees and unless frequent severe freezes came, would have oranges enough and to spare for all practical purposes. I do not believe that there is any really "frost proof" spot in i Florida outside of Key West. Whenever the lower section of the state is fully settled up and the same conditions prevail there that now exist in other parts of South Florida, a severe freeze is liable to do there just what it did for us last winter. Men who run about hunting a "safe place" to grow oranges may eventually learn by experi- ence about the proverbial "rolling stone" that never gets "moss" covered. The su successful man in any business any- where, is the one that buckles down to business, or his particular industry, de- termined to overcome all obstacles and surmount all difficulties. There is no royal road to wealth or happiness down here in Florida, but the poorest man has a chance to get a living out of a favored climate and a fruitful soil. Before the freeze the people of all this vicinity had a "freeze out" financially in the failure of the First National Bank of Orlando. Some had every dollar of their money tied up in the defunct bank, and, of course, a general stringency came our local money market. But after months of weary waiting some dividends came until 40 per cent. had been paid back. To-day the announcement comes that no further dividends can be made for the reason that the late freeze has mace the balance of the assets unavailable. We are, therefore, just now staring with a sad gaze at 60 ner cent. of our deposits "gone glimmering," as another receiver- ship will eat up all the assets liable to be made available in the future history of this unfortunate bank. Of course, this is a sad state of affairs in the present conditions of our groves- to lose 60 per cent. of our savings during prosperous times. It means great hard- ships to some, a severe struggle to others, and temporary inconvenience to the most prosperous. But these disasters, like alı others, are peculiar to all civilized com- munities and in the midst of all kinds of industries and commercial certers. We be therefore, not alone in our misfor- tunes. The winter home of Ershop H. B. Whip- ple of Minnesota, is being put in order for mis coming, and he is announced to hold services in the church of the Good Shep- herd on Thanksgiving day. The arrival of this eminent divine is the signal for the coming of a hest of our wealthy winter rezidents, and the opening of our "sea- son." The second failure of the First Na- Lonal Bank of Orlando, reminds me that itland has more bankers as winter res-


Article from The Morning News, November 29, 1895

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city, finds the prices ranging from $75 to $100 per acre.-Gov. Mitchell has appointed John T. Warren of Sumterville to be sheriff of Sumter county, vice W. T. C. Chapman, resigned. A petition was filed in the office of the clerk of the United States court at Jacksonville Wednesday by defendants in the case of George Errington and Frances Errington vs. the First National Bank of Orlando et al. The petition is that since the order of court, allowing the camplainants to amend their bill and requiring defendants to file their answers by December rule day, the bank has suspended and is in the hands of the controller of the currency of the United States, and the books and records are necessary for the proper answering of said bill by all defendants, and since the ruling of the court on the demurrer it has not been practicable to get a meeting of the stockholders and officers of the Citizens' National Bank. The pleadings of defendants, it is stated, can be filed by rule day in January, to which time defendants pray to have the same extended.


Article from The Morning News, December 5, 1895

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FLORIDA. Cuban tobacco growers have been prospecting in Gadsden county. A new lodge of Pythians has been instituted at Lakeland, with twenty-four members. A patent has been granted Albert D. Stentiford of Palatka for a drawbar attachment. The business league of Orlando is hard at work trying to secure the location of factories in that city. A young Cuban, employed in the Ybor City cigar box factory, lost the tip of one of his fingers in a press Tuesday. Carter & Jordan of Pensacola, manufacturers of naval stores, have concluded the purchase of 45,000 acres of land, covered with virgin pine forests, in Liberty county, fronting on the Apalachicola river. The suburban home of S. W. Coffey, on America street, South Orlando, was sold on a foreclosure of mortgage Monday to Dr. A. B. Stevens for $3,000. The cost of the place about six years ago was $7,500. During the months of October and November the tax collector of Hillsborough county received license taxes aggregating $13,040.07 and taxes on real and personal property aggregating $14,040.81, making the total collections for the two months $27,080.88. W. B. Jackson, president of the First National Bank of Orlando, which recently suspended for the second time, has received his commission as receiver for the bank. By the two suspensions together the stockholders lose $235,000, and are still liable for $85,000. The shipment of English peas from MJcanopy will commence in a few days in great quantities. One planter, who has nearly fifty acres in peas. shipped about 300 crates on last Saturday, and C. T. Scott, who has twenty-five acres of it, will follow in a few days. Jasper Summerlin, of Bartow, arrived at Tampa on last Tuesday with 500 head of beef cattle, and while crossing the Kissimmee river, one of the herders Jost his footing and was swept away by the current. The missing man was a negro named Tom Moore. At the sheriff's sale at Welaka Monday were sold the personal effects and all equipments of the Welaka moss and mat-


Article from The Florida Agriculturist, December 25, 1895

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ORIDIANA. great activity in the ocigar There is Tampa. The total output usiness in month.was 1,295,000; total cigars last 20,500. nipments, 1,1 thoxes of fine oranges One hundred shipped in one lot om Yalaha WE depot last week.om the Eldorade will. eesburg Commerc. muent Denham, of Division Superint sslightly scalded he Plant System, was face and hands Grove Park on the off isa pipe of & cently by the bursting comotive. ppostmasters The following fourth-class vida; K. D. ave been appointed in Flc unty, vice allerchamp, Astor, Lake oc Graham, W. Hoffman, resigned; D. O. jD. C. ardnell, Sumter county, vice hompson, resigned. Beach, Lake Worth is bridged at Palm ladend now trains can cross over anc the osit their guests at the doors of oyal Poinciana. A steamer will C. ect with the East Coast Line at Bi avne Bay for the Bahamas. The Indian river steamer Della, purhased a short time ago by the Canal Company, is having a new and enlarged abin put on her, preparatory to being sio ut in the passenger trade between no Vest Palm Beach and Biscayne Bay ha his winter. me tw The prospects are that hundreds of an cres of sugar cane will be planted in in lachua county another year. All the aw armers are saving an immense quantity hil f seed. It is estimated by those in a ab osition to judge that the acreage will e double what it was last year. th The shipment of English peas from W1 Micanopy will commence in a few days in n great quantities. One planter who The as nearly fifty acres in peas, shipped ab bout 300 crates on last Saturday, and to ). T. Scott, who has twenty-five acres me If it, will follow in a few days. 5,0 W. B. Jackson, president of the First sp to National Bank of Orlando, which recently uspended for the second time, has reeived his commission as receiver for ab he bank. By the two suspensions toste ogether the stockholders lose $235,000, tee nd are still liable for $85,000. Co th The Tropical Sun, of West Palm pa Beach, says that W. J. Thornton, of wh hear Lantana, had the pleasure of killre ng one of the largest panthers ever seen in n that section of the State, it measurth ng eight feet four inches from the tipof ta ts nose to the tip of its tail, and weigh, ng about 150 pounds. ca Two men, claiming to be Mormon at lders, are tramping through the counbo ry around the Suwannee shoals, preachhu ng wherever they can secure an audith ence. They are looked on with disfavor ex y the intelligent classes, and are no W doubt some men who were arrested at an Fallahassee and Madison. Ti Mr. Hammond, the express messenger Sp ning on the Sanford and St. Petersen g Railroad of the Plant System, in coupling cars three miles east of Siding, was caught yesterday th ng and seriously injured. One to ioint


Article from The Comet, January 23, 1896

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Mrs. Frank McCorkle, of Knoxville, has been in the city since last Saturday visiting her parents, Mr. and Mrs. B. D. Lyle. J. E. Crandall has returned to the city from a trip through Virginia as manager for Dr. John Henry, the hypnotist. Remember the date for Maj. Pettibone's lecture, "Stonewall Jackson," Saturday evening at the M. E. church. Admission, 25 cents. Creed Mauk, a prominent farmer, miller and merchant of Princeton, a few miles from this city, was seen upon our streets on last Tuesday. When you go to Summers & Barton for hardware, stoves or farm implements, ask for a package of Barker's or Foutz's horse and cattle powder. 25 cents each. Crockett Bullock, a young gentleman of traveling inclinations, who has been away from our town, returned lately to see some of the fair young ladies of Johnson City. Call at Summers & Barton, the hardware dealers, and get a package of Barker's horse and cattle powders and a bottle of nerve and bone iniment. 25 cents each. FOR SALE-Twelve shares of stock in the Watauga Bank. Par value $100 per share. Apply to William B. Jackson, receiver of First National Bank of Orlando, Orlando, Florida. If the times have been hard, theLord has been good. With but few exceptions, the weather has been most favorable, thus far. This is cause for us all to lift up our voices and say, We thank Thee. The Nolach tcky Telephone company are extending a line to Elizabethton, and hope to make the connection this week. The line will touch Milligan college and is already connected to that point. e O The old fashioned spelling match to be giver by the Monday Club has been postponed until January 30, and the g place changed to the Hoss & Hodge g building on Main street. Admission, 5 cents, g Will Taylor, of Jonesboro, and of Charley Cain, from just below the same 1, place, paid their respects to Johnson City a day or two this week. Jones11 boro and her vicinity can't keep away from our town. el r. About seven o'clock this morning a m fire alarm was turned in on account of a small blaze discovered in the roof of the building on public square, occupied by the city bakery. The fire was ex tinguished before any damage was done Vol Stout, of Snow's Chapel, brough in on Monday a fine lot of calves, foi Webb Bros., and as a fine lot of cattle brought a good price. Let the catt! come on. The bigger the number, th more the people will live without feel ing the pangs of hunger. We repeat bring on your cattle. Johnson City is on no boom, yet he denizens, both white and colored, hav an eye on Father Time, who don't car a continental whether the furnace start or not. You can tear the old thin down or start it, just as you like-Johr son City is going to stay right wher she is "at," furnace or no furnace. The meetings of the United Brethrer of hans


Article from The Comet, January 30, 1896

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FOR SALE-Twelve shares of stock in the Watauga Bank. Par value $100 per share. Apply to William B. Jackson, receiver of First National Bank of Orlando, Orlando, Florida.


Article from The Comet, February 6, 1896

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PERSONAL MENTION And Local News of the Town and Vicinity Briefly Told. The best green coffee in the city at Jackson's. Chase & Sanborn's Golden Rio coffee at Jackson's. Chase & Sanborn's Mocha and Java coffee at Jackson's. W. W. Faw was in Bristol on legal business Monday. Try a can of Hopkins' Steamed Hominy (hulled corn). It is delicious. Dr. Wm. Dana, of Morristown, was at the Piedmont the first of the week. Chase and Sanborn's coffee is the best on the market. Try it. At Jackson's. Don't buy coffee until you try Chase & Sanborn's coffee. It can be had no place else bu Jackson's. Rev. W. S. Neighbors is in Morristown this week assisting Rev. Orr in a revival meeting at that place. Geo. A. Ross has returned from Washington where he has been during the opening days of congress. FOR SALE CHEAP-on long time and easy payments, a 10-room house on Unaka avenue. J. E. Brading. Miss Dollie Bayless, of Brush Creek, leaves today for a two weeks' trip to Cleveland, Tenn. We wish her a pleasant visit. John Lindamood is at home again after an absence of several months in Connecticut and Washington doing duty as an electric motorman. When you go to Summers & Barton for hardware, stoves or farm implements, ask for a package of Barker's or Foutz's horse and cattle powder. 25 cents each. Misses Lucy Sells and Ella Carmack, who have been visiting Miss Jennie Crumley and the Misses Carr for the past two weeks, returned to their home in Bristol Tuesday. FOR SALE-Twelve shares of stock in the Watauga Bank. Par value $100 per share. Apply to William B. Jackson, receiver of First National Bank of Orlando, Orlando, Florida. The engine pulling passenger train No. 3, which is due here at 11:25 p. m. ran off the track at the east end of the Carnegie yards last Friday night and delayed the train five hours. Rev. F. H. Rossiter, advance agent for Prof. Ford, a humorist and impersonator, is in the city making arrangements for Prof. Ford to give an entertainment in the near future. The Baptist church was well filled last night during prayer metting until the pastor announced that the church would go into executive session and asked those not members to retire. LOST-A pair of spectacles (gold frame) between the clerk and master's office and my home. Upon the return of same to my office, a liberal reward will be paid.. C. W. HODGE. Married, February 2, at 10 o'clock a m., John J. Bayless to Miss Ettie E Lee, Rev. T. F. Roberts, of Sinking Ceek, officiating. We wish them prosperous voyage o'er life's stormy sea. Hotel Greenwood, which has been managed by J. W. Scalf for the past ten months, will change hands on th


Article from The Comet, February 20, 1896

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PERSONAL MENTION And Local News of the Town and Vicinity Briefly Told. Beware of Bogus Oliver repairs. Beware of Bogus Oliver repairs. The best green coffee in the city at Jackson's. Chase & Sanborn's Golden Rio coffee at Jackson's. Chase & Sanborn's Mocha and Java coffee at Jackson's. H. H. Carr and G. F. Lee were in Jonesboro Monday. Maj. G. B. McDowell, of Bristol, was in the city Tuesday. John Bowman made a flying trip to Knoxville Tuesday. WANTED-A good second hand organ. Apply to this office. Exclusive agents for Oliver plows and repairs. Summers & Barton. Try a can of Hopkins' Steamed Hominy (hulled corn). It is delicious. Mrs. Epps has been visiting her father, J. L. Hardin, since Wednesday. Geo. Bright shipped five car loads of cattle east from this place last Tuesday. Chase and Sanborn's coffee is the best on the market. Try it. At Jackson's. W. L. Ramsay, father of Mrs. J. D. Faucette, died at his home in Knoxville February 14. Don't buy coffee until you try Chase & Sanborn's coffee. It can be had no place else buJackson's. FOR SALE CHEAP-on long time and easy payments, a 10-room house on Unaka avenue. J. E. Brading. W. I. Burgess has busted the combination on garden seeds. 15 cent packs, 8 cents each; 5 cent papers, 2 cts. each. Webb Bros. and Willie Reese loaded a full car of poultry Tuesday for Washington. This is getting to be quite a poultry station. When you go to Summers & Barton for hardware, stoves or farm implements, ask for a package of Barker's or Foutz's horse and cattle powder. 25 cents each. Hon. W.P. Brownlow and Hon. W. E. F. Milburne, candidates for congress, came to the city yesterday, and are shaking hands with their friends and trying to make more. FOR SALE-Twelve shares of stock in the Watauga Bank. Par value $100 per share. Apply to William B. Jackson, receiver of First National Bank of Orlando, Orlando, Florida. Col. Jack Faw. of Bristol. was in the


Article from The Morning News, June 17, 1896

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FLORIDA. Thomas Saunders, colored, is under arrest at Jacksonville on suspicion that he murdered a brakeman near Archer a few months ago. Eliza Bryant, who was shot by Robert English in North Miami late on Thursday night, died from the effects of the wound early on Saturday morning. English was arrested by Deputy Sheriff Puckett. The coroner's jury brought in a verdict of justifiable homicide. Miss Lena M. Worthington, who operates the steam ironing machine in the window of the Bay street branch of Hilditch's laundry at Jacksonville, had her right arm caught between the hot rollers of the machine Monday, and crushed and burned from her finger tips to her shoulder. A law suit of rather an unusual character occupied the attention of Judge Forward's court at St. Augustine Monday. It is a case of Harry Jones vs. G. T. Bunting for $100 damages. Jones claims that at the time of his father's death, Bunting failed to get the body in time for the departing train, and upon those grounds he asks for the above redress. Collector of Customs Mickler of St. Augustine has just received official notice from the office of the lighthouse board at Washington to the effect that on or about June 30 all of the post lights on the Indian river will be permanently discontinued. This notice affects the lights and fog signals on the Atlantic and Gulf coasts, and the list of beacons and buoys in the Sixth lighthouse district. No further explanation accompanied the letter. Joseph Robles, who is more than 80 years old, while inspecting his crops at Tampa early Monday morning, saw a negro named Alfred Saunders, whom he thought was melon hunting. Mr. Robles ordered him to leave the place, but the negro sprang upon and beat him severely. Mr. Robles shouted for his son Frank, who hastened, with a gun, to his father's rescue. The negro ran, and, failing to halt when commanded, Frank shot at him and he fell. He was shot in the back by a bullet. He was taken to the county jail, and is expected to die. Mr. Robles thought that the gun was charged with fine shot. TELEGRAMS FROM NEW ORLEANS RECEIVED AT ORLANDO Telegrams from New Orleans received at Orlando Monday announced that the judgment of the United States circuit court for the southern district of Florida has been reversed by the circuit court of appeals in the three cases of W. B. Jackson, receiver of the First National Bank of Orlando, against the Fidelity and Casuality Company of New York, involving some $30,000. These were three cases brought by the First National Bank of Orlando in the United States court against the Fidelity and Casuality Company of New York, on the bonds of Nat Poyntz, former president and cashier, and Ollie T. Poyntz, assistant cashier, for money they were charged with having appropriated to their own use from the funds of the bank. The reversal is in favor of the receiver. As the amount involved is large, and will go far, if recovered, towards paying the indebtedness of the bank, its many creditors will feel cheerful at the prospect of receiving a larger dividend from the bankrupt corporation than they otherwise would. Jacksonville Times-Union: In the United States court Monday the answer of the St. Johns Railroad Company and the Florida Coast Line and Transportation Company to the amended bill of complaint in the case of Charles M. Furman et al. vs. H. L. Mitchell et al. was filed. The parties filing the answer are among the defendants to the suit. They deny each and every allegation in the bill. This suit involves the title to a large tract of land on Anastasia island, opposite St. Augustine, in St. Johns county. In the case of John H. Dawe vs. the Florida Midland Railroad Company et al., the court finds that $6,000 are due the state as taxes on the railroad property, and orders that amount paid to A. G. Hartridge, state solicitor in the case, out of the funds received from the sale of the road and now in the registry of the court. The master is to pay the taxes with this sum. In the case of the Pennsylvania Company for Insurance or Lives and Granting Annuities vs, the


Article from The Morning News, November 18, 1896

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A. W. Rogers of Fort Myers has applied for a patent for a spectacle holder. Horace Baker, on trial at Live Oak for the murder of Thomas Dunn, was found guilty of murder in the second degree Monday. Sentence was deferred. In a race between crews from the United States revenue cutters Boutwell and Windom at Jacksonville, Monday, the crew from the Windom beat the crew from the Boutwell badly. The building committee appointed by the quarterly conference has issued an appeal for assistance, to rebuild the church at Cedar Keys, which was destroyed by the hurricane in September. The United States revenue cutter Windom, which has been at Jacksonville the past month, has been ordered to Baltimore. The Colfax, which has been in port for the past week, left yesterday for Wilmington. The Bank of Eustis was reopened Monday. Out of the $20,000 liabilities, all of the depositors, except a few to the extent of $21, signed the agreement for resumption on the basis outlined by the committee appointed by the creditors. R. Willie Wilkes was formally charged by the coroner's jury at Jacksonville Mchday afternoon, with the murder of Mrs. R. E. Caroway, otherwise known as Ravemah Caroway, who was found dead at her room in the Smith building on last Saturday. A new suit has been commenced in the United States court at Jacksonville, and the declaration was filed with the clerk of the court Monday. The suit is brought by H. L. Whiteside of Tennessee against S. W. Teague and W. A. Posey of Florida for the recovery of $17,500 balance on a note for $20,000 due and unpaid. In the cases brought by W. B. Jackson, receiver of the First National Bank of Orlando vs. the Fidelity and Casualty Company of New York, suits on the bonds of Nat Poyntz and O. T. Poyntz, presiden't and cashier, respectively, of the bank, the plaintiffs filed demurrers to the pleas of the defendant company at Jacksonville Monday. In these same cases a joinder of issue was also filed by the plaintiff, through his attorney, Alexander St. Clair-Abrams. Fire was discovered in the barn belonging to D. E. Peacock at Interlachen on Sunday at 6:30 p. m. Chained in the barn were four valuable hunting dogs. Two of them belonged to Mr. Peacock and two to Messrs. Hunter and Van Cortland of New York. They were valued at more than $1,000. The fire was too far advanced to enable anybody to get near them, and they burned to death. There was no insurance. The loss on the barn is $150; implements, $200; dogs, $1,000. The origin of the fire is unknown. Two tramps were seen in the vicinity a short time before the fire broke out. The municipal election held at Lakeland Monday, for the election of city officers was the hottest-contested one that has been held in Lakeland for several years. The hardest fight was between the candidates for mayor. Capt. W." B. Bonacker, the present president of the council, and J. P. Thompson were the candidates. Everything passed off smoothly, and the following officers were elected: Mayor, J. P. Thompson; marshal and collector, J. R. Feaster; clerk, treasurer, and assessor, C. D. Clough; councilmen, T. J. Darracott, A. E. Sloan, and W. D. McCrae. Mr. Thompson's majority over Capt. Bonacker was only one vote. Edward McBride, who has charge of the Hotel San Marco property, at St. Augustine, has received instructions from William F. Beal, the new owner, to put the hotel in order, and to have it ready for opening on Jan. 1. Mr. McBride has recently returned from Boston, and was present in that city when the property was sold. Mr. Beal has nearly $1,000,000 invested in different parts of the country. He is a wealthy broker, and should he "all to lease the property, he will engage a manager to take charge of it for this season. The new owner intends to make extensive improvements, but very little of this work will be done this winter as the


Article from The Morning News, June 3, 1900

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FLORIDA. At Lake City, in the case of the state vs. Tom Spencer, colored, for murder in the first degree, the jury returned a verdict of murder in the second degree, and the prisoner was given a life term at hard labor. Kissimmee Valley Gazette: As an indication of the progress of Kissimmee we may mention that the postoffice here has been raised to one of the third class, and the salary of the postmaster increased by $100 per annum, making the yearly salary $1,200, dating from July 1, 1900. Everything is about ready for the election in Hillsboro county, which comes off Tuesday. This is the regular city elect'o on day, and in addition to this the Democratic primary will occur on the same day, so that the great questions will practically pass away with the end of that day. Orlando Sentinel-Reporter: Mr. W. B. Jackson, receiver of the First National Bank, is now paying a dividend of 20 per cent. to the creditors of the bank, the first that has been declared since its suspension. The dividend will amount to about $12,000, the larger part of which goes to creditors in this county. Volusia County Record: The Seminole Manufacturing Company is counting on 5,000 tons of cassava root next fall from the 500 acres planted at Spring Garden and this place. This of itself will keep the starch factory at Stetson going for several months. Besides the company's planting


Article from The Tampa Times, August 6, 1929

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ORLANDO BANK STRONG AS RUN COMES TO END First National Goes Through Ordeal Yesterday. Special The Times Orlando, August 6.-The First National Bank of Orlando yesterday withstood a heavy run of withdrawals followings the closing of the State Bank of Orlando. The substantial citizens of the city gave evidence of their faith in the institution by making large deposits throughout the banking hours and when the doors were closed at the end of the day's business, the deposits exceeded withdrawals, President W. O'Neal announced Several hundred thousands of dollars, rushed here by automobile from Jacksonville. in anticipation of a run, were not needed in view of the large deposits made during the day. Judge W. L. Tilden was appointed liquidator of the State bank by State Comptroller Ernest Amos, and Vice President Miller, of the closed institution, announced that plans were already underway which would result in its re-opening The closing of the bank was necessitated. he said, by large withdrawals extending over period of several weeks. In the meantime. plans for constructing the new home of the First National bank were well underway The city building inspector's office yesterday issued permit calling for an outlay of 175. 000 covering the structural work of the new building Equipment will bring the cost of the new banking house to $250,000. The construction is entirely financed by northern capital. Brotherhood of Light to Meet. The Brotherhood of Light will meet tonight at o'clock at the club rooms, 817 Horatio stret. The subject will be "Round Table Discussion. and the Astrological Chart of Tampa Delineated. "Did you enjoy the musical comedy saw in Havana you the first there wasn't a dry throat in the house.


Article from Pensacola News Journal, August 6, 1929

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State Bank Of Orlando Closes ORLANDO, Fla., Aug. The State Bank of Orlando, one of the oldest banks in the state, failed to open its doors this morning following what was described by officials unprecedented withdrawals in the last few weeks. Deposits in the bank were $4,406,705 on June 29. according to the statement of the bank, but this was said to have been decreased by several hundred thousands dollars since that time. The bank was capitalized at $100,000 with surplus of $150,000 and undivided profits of $75,445. Plans for re-organization were being discussed. The closing precipitated a heavy run on the First National bank which was successfully met.


Article from The Atlanta Constitution, August 6, 1929

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ORLANDO BANK FAILS, RIVAL SUSTAINS RUN The State Bank of Orlando, one of the oldest banks the state, failed to open its this morning following what was described by officials as unprecedented withdrawals in the last few weeks. Deposits in the bank were $4,406.705 on June 29. according the statement of the bank. but this said to been decreased by several hundred thousand dollars since that time. The bank was capitalized $100,000 with surplus of $150,000 and profits of $75,445. While officials declined to make any statement tonight other than that affairs of the institution had been turned state banking department and W Tilden, for mer judge of the Orange criminal court record, had been pointed as liquidator. was said that plans for reorganization were bediscussed. The closing precipitated heavy run on the First National bank which was successfully met. Officers of the First National declared they would have remained open all night if necessary. However, this was not necessary as the line of depositors dwindled to naught early in the evening The Orlando Trust the North Orlando State bank experienced no semblance of a run during the day.


Article from The Orlando Sentinel, March 5, 1933

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LITTLE EXCITEMENT Community Looks to Roosevelt for Solution Business men and women cerned only making their usual cash stood with in the run two banks yesterday morning. Both received the news that Gov Dave Sholtz had declared five-day holiday. Officials the First National Bank Florida Bank their moratorium only few hours. Although Pres. Willard Hamilton had opened with the intention of paying rapidly the swept along the crest of state after heavy that began Knots of people gathered the streets watch the flurry banks, there little excitement. Orlando, which several during the feverish days bursting, appeared turn the face of national crisis. LOOK TO CHIEF the the nation this looked Franklin Roosewhich inaugural address being even as Orlando runs, relief. There that President do before night," will put the banks under Thus lando voiced faith in the new Another finance center that conducted its ordinary Saturday postal savings partment Orlando postoffice. Laycock, nounced that deposit the ing exceeded withdrawals by This, in the face of condition which might well created heavy demand ready cash, the theory that suf fering the due the abruptly days. This particularly true the that the postal savings department marked steady increase the number accounts during past years. STAY CHEERFUL In addition to would-be depositbanks yesterday mornthere array sympathetic who were not the banks for any business but wanted clasp the hands the men they had done the possibly could for the depositors and the community. Bitterness such evidence during other bank crashes absent. Business men joked with each hasty plans taking their Ed Asher, San managtold on his hotel early in the morning when travelmen wanted checks they could get out of town. Hamer, power the Angebilt hotel, dollar bill which he said just happened have his when the bank holiday began. In the stores looked their customers and were credit to people they knew.


Article from The Orlando Sentinel, March 16, 1933

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FLORIDA BANK Depositors Pour In Flood off Old Currency GOLD RECEIVED First National Is Awaiting Word To Reopen While business at the First National bank remained suspended until the federal license can be received, depositors the Florida Bank yesterday placed $100.000 old currency the bank. branch bank. the Florida among state banks opening terday under the per der Compt. The First National. tional bank, its permisfrom the comptroller of the United States currency. In the three days depositors the Florida Bank have shoved $160,000 over the counters, all in old currency. Officials the bank expressed the opinion the practice continued had gun there would be no necessity for the currency. DEPOSITS It was stated that had the Florida Bank Jacksonville Tuesday, showgeneral the of the people to put its money back in the banks. New accounts were in the spotlight with of old gold. Approximately $5,000 gold was ceived and on the ceding in gold was addto mounting deposits. Orlando generally took its bankquietly. Long lines forming at the Florida's windows were composed mainly of men and men who wanted to get rid of their W. O'Neal. president of the First National. had received assurance from the Atlanta banks that the currency would be rushed to Orlando. SOON have definite news Mr. O'Neal banks reopening Florida day are members chain organizations that are able to get the new currency from parent organizations in clearing house cities. The Florida bank's license to (Continued on page column 5)