Bank of Oviedo - Oviedo, FL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1930*
Location: Oviedo, Florida (28.670, -81.208)

Metadata

Model: gpt-5-mini
Short Digest: 97e97ea3

Response Measures

None

Description

Contemporary articles (Jan 18, 1930) state the Bank of Oviedo suspended business earlier in the week. Later (Dec 10, 1932) liquidator Tunnicliffe is paying dividends to depositors and the bank is described as having closed Jan. 1930, indicating permanent closure and liquidation. No article describes a depositor run prior to suspension; violent attacks (dynamiting) on the bank building and president's home are reported but the immediate cause of suspension is not specified in the texts, so cause is set to 'other'.

Events (3)

1. January 1, 1930* Receivership

Newspaper Excerpt: This the second payment representing 10 cent the per posit liability since the bank closed Jan. 1930 ... Tunnicliffe, liquidator of Central Florida banks, whose latest Christmas gift depositors will [receive] $8,000 worth checks creditors of the defunct Bank of Oviedo.
Source: newspapers

2. January 18, 1930 Other

Newspaper Excerpt: The home of Capt. B. G. Smith...was dynamited early tonight. About two months ago dynamiters almost completely wrecked the Oviedo Bank building. Absence of clues has kept the bank blast a mystery since it occurred.
Source: newspapers

3. January 18, 1930 Suspension

Cause Details: Article only reports that the bank suspended business earlier in the week without attributing the suspension to runs, insolvency, or government action; prior dynamiting of the bank building is mentioned but not explicitly linked as cause.
Newspaper Excerpt: Capt. B. G. Smith, president of the Bank of Oviedo, which suspended business earlier in the week.
Source: newspapers

Newspaper Articles (4)

1. January 19, 1930 Evening Star Washington, DC

Article from Evening Star, January 19, 1930

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Article Text

RESIDENCE OF BANK PRESIDENT BOMBED Attack in Which Family Escapes Follows Closing of Oviedo, Fla., Institution. By the Associated Press. ORLANDO, Fla., January 18.-The home of Capt. B. G. Smith. president of the Bank of Oviedo. which suspended business earlier in the week. was dynamited early tonight. Members of the Smith family were in the house at the time. but escaped unhurt. Sheriff Frank Karel of Orange County and a squad of deputies rushed to the truck-growing community 15 miles northeast of here upon receiving word of the explosion. The blast destroyed a large portion of the residence. tearing up part of the foundation and ripping out a portion of the walls. Capt. Smith, a prominent celery grower of that section, his wife and two other relatives were in the house. but were in that part farthest away from the explosion. About two months ago dynamiters almost completely wrecked the Oviedo Bank building. Absence of clues has kept the bank blast a mystery since it occurred.

2. January 19, 1930 Sunday News Lancaster, PA

Article from Sunday News, January 19, 1930

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Article Text

Is Dynamited Members Of Family Unhurt In Had Suspended Business Orlando, Fla., Jan. Smith, president the Bank Oviedo, which earlier the week, dynamited tonight. the Smith family in the house the time, but escaped unhurt. Sheriff Frank Karel, of Orange squad of deputies to the truck upon reof the large portion residence, tearing up part of ripping out portion of the walls. Captain Smith, prominent celery grower that section, his other the house, but were in that part farthest away About months ago dynamiters the Oviedo building. clues have kept the blast mystery since it occurred.

3. January 19, 1930 Buffalo Courier Express Buffalo, NY

Article from Buffalo Courier Express, January 19, 1930

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Article Text

Bomb Home of President Of Bank Which Suspended of wrecks residence of Blast dynamite partly Orlando (Fla.) man Orlando, Fla., Jan. 18 The blast destroyed large the residence, tearing part home of Capt. Smith, president the foundation ripping out of the Bank of Oviedo, which susportion of the pended business earlier in the week, Capt. Smith, tonight. of that his of the Smith family other the house, the house the time, that part farthest escaped were in unhurt. from the Sheriff Frank Karel of Orange About two months ago County squad deputies almost completely wrecked the Oviedo rushed growing Bank Absence of fifteen of kept the blast word of the upon receiving explosion since it occurred. portion grand from police celery They away Griffin Vernon dynamiters clues tended mystery held in

4. December 10, 1932 The Orlando Sentinel Orlando, FL

Article from The Orlando Sentinel, December 10, 1932

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Article Text

OVIEDO BANK PAY $8,000 Tunnicliffe Orders Third Dividend Third dividend in week announced yesterday Tunnicliffe, liquidator of Central Florida banks, whose latest Christmas gift depositors will 000 worth checks creditors of the defunct Bank of Oviedo. This the second payment resenting 10 cent the per posit liability since the bank closed Jan. 1930 and checks ready for the Seminole county bank today upon sentation of liquidator's certificates. The Bank of Winter Park and the Bank Winter Garden began pay off $20,000 in combined cash dividends. Payments to depositors in the Bank Winter Garden were ceiving their checks the liquidator's offices Orlando Bank and Trust Co. building and the depositors the other institution received theirs the bank building in Winter Park. At the time the Seminole county bank operation liability of the institution was $124.and in addition such bility the bank had further liabilities for and bonds borrowed aggregating $19,946.54. The liquidator's report shows that during his has paid off this special indebted ness and also preferred claims being total of These tions had tribution possible to the Reports filed show that in addition paying these claims the (Continued on Page Column