Pensacola State Bank - Pensacola, FL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 27, 1919
Location: Pensacola, Florida (30.421, -87.217)

Metadata

Model: gpt-5-mini
Short Digest: 91b71666

Response Measures

None

Description

Article (Pensacola Journal, 1919-12-27) states the comptroller's office succeeded in closing out the receivership of the Pensacola State Bank. No mention of a depositor run in the provided text. The bank was in receivership and the receivership was being closed out (dividend/payment actions implied). Date provided is the article date; the original suspension/closing date is not given in the excerpt.

Events (1)

1. December 27, 1919 Receivership

Newspaper Excerpt: the comptroller's office ... has succeeded only in the cases of the Pensacola State bank ... (closing out the receiverships of banks).
Source: newspapers

Newspaper Articles (1)

1. December 27, 1919 The Pensacola Journal Pensacola, FL

Article from The Pensacola Journal, December 27, 1919

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Article Text

GERMANIA BANK CHECKS MAILED State Comptroller's Office Has Been Busy Place for Week. Tallahassee, Dec. 26.-In addition to the regular pressing duties of the comptroller's office, it has been preparing dividend checks of 10 per cent for the depositors of the Germania State bank of Jacksonville, which closed its doors about the middle of January, 1917. It has paid dividends amounting to 40 per cent, including the ones just going out. The comptroller's office has been making strenuous effort to close out the receiverships of banks, but owing to pending litigation has succeeded only in the cases of the Pensacola State bank and the Lynn Haven Bank and Trust company, the latter paying 100 per cent.