2473. Orlando Bank & Trust Company (Orlando, FL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
October 1, 1893*
Location
Orlando, Florida (28.538, -81.379)

Metadata

Model
gpt-5-mini
Short Digest
2808567d

Response Measures

None

Description

Newspaper items from October 1893 report the Orlando bank as 'suspended' or 'failed and shut up for an indefinite period.' There is mention of rumors about the bank but no clear contemporaneous description of a depositor run; the bank appears to have suspended/failed and remained closed. I therefore classify this as a suspension leading to closure. Corrected bank name to the provided 'Orlando Bank & Trust Company' though contemporary clippings refer to it as the 'Orlando bank' or 'Orlando Suspended bank.'

Events (2)

1. October 1, 1893* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Contemporary report states the Orlando Bank 'failed and shut up for an indefinite period' indicating insolvency or failure rather than merely temporary measures; rumors about the bank circulated as well but the paper describes an actual failure/suspension.
Newspaper Excerpt
the Orlando Bank failed and shut up for an indefinite period his money deposite there.
Source
newspapers
2. October 4, 1893 Other
Newspaper Excerpt
J. L. Giles, cashier of the Orlando Suspended bank ... amused themselves by harmlessly shooting at each other last week. The shooting was the result of the many rumors which have been afloat with regard to the bank.
Source
newspapers

Newspaper Articles (2)

Article from The Florida Agriculturist, October 4, 1893

Click image to open full size in new tab

Article Text

FLORIDIANA. The fine new Thomas hotel will be finished in ample time to open the coming tourist season.-Tampa Times. George Joyner, aged 16, fell from araft and was drowned at Tampa last week. The body was recovered thirty minutes later. Dr. N. C. Stevens, the proprietor of an orange box and shingle mill near Wildwood, has failed. His liabilities exceed the assets. It is rumored that a new mo'ning daily, backed by unlimited capital, is to be launched in Jacksonville before the frosts of the coming winter are melted by the genial sunshine of spring.-Ocala Capitol. Treasurer Cellins will soon have the pleasant duty of counting that $33,719.80 which Florida is to receive from the United States as a part of her share of the direct tax now being refunded.Monticello Constitution. Already orange box material is being moved briskly, packing houses are undergoing repairs and improvements, and our transportation lines are getting ready to move the orange crop that will soon be ready for market, thus affording employment to many people.-Palatka Advertiser. J. L. Giles, cashier of the Orlando Suspended bank and W. A. Young, a shoeman of that city amused themselves by harmlessly shooting at each other last week. The shooting was the result of the many rumors which have been afloat with regard to the bank. The tobacco industry about Lake City, Fla., was largely increased this year. The crop just harvested amounted to nearly 100,000 pounds, is said to be the finest ever produced, being from imported Cuban seed and giving an unusually large percentage of wrappers.Mirror of Commerce. The Florida Fruit Exchange has made arrangements for the shipment of two or three cargoes of fruit to England during the coming season. The first cargo will probably leave Jacksonville on the 21st inst. for New York, from whence the fruit will be transported to Liverpool by fast ocean steamers. Reports from Orange County are to the effect that the daily heavy showers have ceased, but too late to prevent a heavy lows in the orango crop from splits and thorned oranges, caused by heavy rains and strong winds. On some trees more than half the yield has fallen and is a dead loss to the grower.-Jacksonville Telegram. THE largest family is that of the King of Siam. He has two official wives, eighty-eight of the second class and seventy-two children. He has fifty brothers and sisters and 226 uncles and aunts. They all board with the King, so there are more than 200 cooks in the royal kitchen. Arthur Taylor, while acting as special officer at Old Town Saturday night came across George Avery, a negro thought to have been implicated in the robbery at Kelley's store a few evenings previous, and tried to arrest him. Avery took to his heels, and finally


Article from The Morning News, October 11, 1893

Click image to open full size in new tab

Article Text

LIFE AT WINTER PARK. Gifts to Dr. Hooker-Freight Traffic Heavier-Oranges Dropping. Winter Park, Fla., Oct. 9.-The past few days have witnessed a most remarkable revival of freight traffic on the South Florida railroad, indicating an early opening up of business all over this section of the state. The orange packers seem to anticipate a big crop and many new packing houses will start up this season. At Maitland there will be four lively concerns running, and this will make competition sharp. Mr. Robert W. Given of Philadelphia, who represents the Chase packing house— one of a series-will arrive with his sister to-morrow night, and then business will start up here with a rush. HOTELS AND RAILROADS. President H. B. Plant's elegant hotel, the Seminole, is being put in good shape for an early rush of tourists, and will probably have a fine season. Manager Hathaway was extremely popular last winter and kept the house full. The Rogers house was slso crowded and will hold its own this season. Guests coming to these hotels will now have a choice of two elegant fast routes from the north and the west. The Florida Central and Peninsular Railroad will put on a fast through train and make competition sharp between it and the Plant system. By a lease the Florida Central and Peninsular Railroad runs from Orlando through Winter Park (very near the Seminole) to Oviedo, and through a fine orange country. ROLLINS COLLEGE. Winter Park may be said to depend almost wholly upon the elegant Seminole hotel and Rollins College for its prominence. Beautifully located on several attractive lakes, its natural scenery is quite attractive, and many handsome residences have been erected here. The college is largely supported by the Congregationalists, as Stetson University, at DeLand, is by the Baptists. Rollins College and Knowles Hall are named in honor of generous benefactors. Prof. Ford, who was on the wrecked steamship City of Savannah, is now acting president, and has opened the fall term with very good prospects of a prosperous year. REV. DR. HOOKER'S PRESENTS. It will be remembered that one of the most unfortunate of the fated steamship City of Savannah's passengers was the venerable Rev. Dr. E. P. Hooker, late president of Rollins College in this city, and pastor of the Congregational church here. During his absence north the Orlando Bank failed and shut up for an indefinite period his money deposite there. Then came his shipwreck, in which he and his family lost everything in the shape of clothing. etc., that they did not have on at the time In the midst of these losses his old church at Medford. Mass., made up a handsome donation of cash, clothing, etc., and sent to their former beloved,pastor. Mrs. E. Boynton, who has a handsome winter home at Maitland, near here, was a zealous mover in this noble benefaction. TRANSPLANTING PECAN TREES. Somebody who has pecan nuts to sell for seed, but no young trees to dispose of, is trying to create the impression through the MORNING NEWS and other papers, that the pecan tree cannot be transplanted without destroying its nut-bearing qualities. That is all nonsense. I have successfully transplanted them without injury to the tap root or the bearing quality. It is not an easy or desirable job, and should not be undertaken when it can be avoided. But the same is true of all fruit trees; it is better not to transplant them. The transplanting of any delicate tree requires great care and caution as well in taking up as in setting out, and it does not pay to be caréless in any part of the work. This is my varied experience. ORANGES STILL DROPPING. For several days past we have been having high winds and showers, indicating a severe storm somewhere on the coast. As a result the orange trees have been well shaken and much fruit thorned. Oranges are still dropping freely and the bigcrop that loomed up early in the season grows smaller day by day on many groves. While many shipments have been made, they were of green oranges, mostly, unfit for market, and their advent has called forth earnest protests from various markets. The middle of November is about as early as good shipments can safely be made. A PRACTICAL DOG LAW. Here in Florida, as up in Georgia, no legislature or constitutional convention has been found brave enough to enact a dog law of any kind for the protection of sheep breeders. Year after year vain appeals have been made, and still the cur dog and his owner remain unmolested. But down in Maine the legislature finally tackled this alarming evil, and put a tax or license on dogs. Already $8,500 have come into the treasury, with a prospect of nearly as much more, while the claims for sheep killed by dogs have as yet only reached $450, which leaves a handsome reserve fund. Such a law as this ought to greatly encourage sheep breeding, and Georgia and Florida would do well to try the experiment.