2530. Highlands Bank & Trust Company (Sebring, FL)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
trust company
Start Date
February 11, 1929
Location
Sebring, Florida (27.496, -81.441)

Metadata

Model
gpt-5-mini
Short Digest
37de7425

Response Measures

Full suspension

Other: Directors closed the bank doors and requested the State Comptroller take charge; receiver later appointed.

Description

Multiple contemporaneous wire stories (Feb 11, 1929) report the bank failed to open its doors after a silent and heavy run for three weeks; state comptroller asked to take charge. A receiver was later appointed (reported Feb 26), indicating permanent closure and receivership.

Events (3)
1. February 11, 1929 Run
Cause Details
Described only as a silent and heavy run on the institution for the prior three weeks; no specific trigger given in articles.
Measures
Directors closed the bank (failed to open doors) and requested the state comptroller to take charge.
Newspaper Excerpt
failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks
Source
newspapers
2. February 11, 1929 Suspension
Cause Details
Directors suspended payments/failed to open as a defensive measure due to ongoing heavy withdrawals; state comptroller requested to take charge.
Newspaper Excerpt
The Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution
Source
newspapers
3. February 26, 1929 Receivership
Newspaper Excerpt
BANK RECEIVER APPOINTED SEBRING 26 (Special.) Former E. J. Etheredge of DeSoto City has been appointed receiver for the Highlands Bank & Trust by State Comptroller Ernest Amos.
Source
newspapers

Newspaper Articles (13)
1. February 11, 1929 The Times Hammond, IN
Article from The Times, February 11, 1929

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Article Text

EXTRA! Ind., Feb. (I.N.S.) were inpersons stantly killed and a third seriously hurt when the Manhattan Limited of the Pennsylvania railroad demolished an automobile on grade crossing at Etna Green, 12 miles west of here this afternoon. NEW YORK, Feb. City Trust company. Manhattan bank with four branches in the greater city and capitalization of $1,225,000 closed today by Frank H. Warder, superintendent of the state department of banking. Officials refused to comment. MINES FIELD, LOS ANGELES, Feb. in her effort to smash the world's endurance record for women, Bobbie Trout, 23-year-old girl flier, returned to earth at 10:10:22 here today in her single motored Golden Eagle monoplane. SEBRING, Fla., Feb. Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank. VILLA GROVE, III., Feb. (U.P.) Belief that body found in the C. and E. I. railroad reservoir here may be that of little Edith Mae Deardorf, 14-year-old news girl of West Terre Haute, Ind., who has been missing since January 25, was expressed by officials today. BEVERLY HILLS. Cal., Feb. Marshal Neilan, noted motion picture director, was recovering today from the effects of carbon monoxide gas that nearly caused his death in the family garage here yesterday. His screen star wife, Blanche Sweet, discovered his plight and dragged him to safety. HERCULES, Calif., Feb. Four men were believed to have been killed in an explosion which wrecked gelatine packing plant of the Hercules Powder company today. The building was used for packhun-

2. February 11, 1929 The Times Hammond, IN
Article from The Times, February 11, 1929

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Article Text

EXTRA! Ind., Feb. (I.N.S:) were inpersons stantly killed and third seriously hurt when the Manhattan Limited of the Pennsylvania railroad demolished an automobile on grade crossing at Etna Green, 12 miles west of here this afternoon. NEW YORK. Feb. (I.N.S.) The City Trust company, Manhattan bank with four branches in the greater city and capitalization of $1,225,000 was closed today by Frank H. Warder, superintendent of the state department of banking. Officials refused to comment. MINES FIELD. LOS ANGELES, Feb. (I.N.S.) Triumphant in her effort to smash the world's endurance record women, Bobbie Trout, 23-year-old girl flier, returned to earth at here today in her single motored Golden Eagle monoplane. SEBRING, Fla., Feb. Highlands Bank & Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank. VILLA GROVE, III., Feb. (U.P.) Belief that body found in the C. and E. I. railroad reservoir here may be that of little Edith Mae Deardorf, 14-year-old news girl of West Terre Haute, Ind., who has been missing since January 25, was expressed by officials today. BEVERLY HILLS, Cal., Feb. Marshal Neilan, noted motion picture director, recovering today from the effects of carbon monoxide gas that nearly caused his death in the family garage yesterday. His screen star wife, Blanche Sweet, discovered his plight and dragged him to safety. HERCULES, Calif., Feb. Four were believed to have been killed in an explosion which wrecked gelatine packing plant of the Hercules Powder company today. The building was used for packing dynamite and hundreds of cases of the explosives.

3. February 11, 1929 The Dayton Herald Dayton, OH
Article from The Dayton Herald, February 11, 1929

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Article Text

Bank Fails to Open SEBRING Fla., Feb. 11-The Highlands Bank and Trust company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks. notice posted on the door said The state comptroller was requested to take charge of the bank.

4. February 11, 1929 Wilkes-Barre Times Leader, the Evening News Wilkes-Barre, PA
Article from Wilkes-Barre Times Leader, the Evening News, February 11, 1929

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Article Text

SCHUYLKILL SCHOOL DIRECTORS ARE OUSTED Feb. Blythe schools, were ousted day from office decree of the County Judge Hicks declared that the directors had illegal contracts and Daniel Richard Edwards, Patrick Doyne and Thomas O'Neil. FLORIDA BANK CLOSES Sebring. Fla. Feb. Highand Trust company open doors The action was the directorate because heavy the for past three notice posted door The State quested to take charge of the

5. February 11, 1929 The Times Streator, IL
Article from The Times, February 11, 1929

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Article Text

TRIAL OF JUNK DEALER DELAYED venue from Taking Police W. Bean to the court of Justice Peace J. N. the hearing of Amos charged with violation of ordinance governing junk the continued until Thursday of this week Mossell facing two separate as result of statements made by two local youths, arrested some time ago for stealing copper wire from the Public Service Co. BANK FAILS. SEBRING Fla., Feb. IL-The Highlands Bank & Trust Company failed to open Its doors this morn ing. The action taken by the directorate because of a silent and heavy run on the Institution for the past three weeks, notice post ed on the door said, The state comptroller was requested to take charge of the bank.

6. February 11, 1929 Telegraph-Forum Bucyrus, OH
Article from Telegraph-Forum, February 11, 1929

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Article Text

BANK FAILS TO OPEN SEBRING, Fla., Feb. 11 Highlands Bank and Trust Company failed to open its doors this morning The action was taken by the directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank.

7. February 11, 1929 JG-TC: Journal Gazette and Times-Courier Mattoon, IL
Article from JG-TC: Journal Gazette and Times-Courier, February 11, 1929

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Article Text

Telephones: Business Office, Editorial Rooms 12 146 Job Printing Department Published every evening except Sunday. Weekly Gazette Established in 1857 Weekly Journal Established in 1865 Daily Journal Established in 1874 Consolidated January 2. 1905. Daily. One Year $7.50 Daily. By Carrier. Per Week .15 Daily One Year by Mail in First and Second Zones $4.50 In all other.zones $5.50 SIGNAL OF SYMPATHY. A very little thing often means a great deal. if you look at it properly. In a little Ohio town near Toledo lives an eighteen-year-old boy who has been an invalid for several years. His parents' house is near the New York Central railroad tracks, and one of the lad's diversions is watching the big limited passenger trains go speeding by One day, about a year ago, an engineer saw the boy's cot on the sun porch and inquired about him when he reached the town's station. Learning that the boy was kept to his bed by illness, the engineer decided to do a little something to cheer him up. So, thereafter, every night when his train passed the boy's house, the engineer would blow his whistle four times. The boy quickly discovered that this signal was a greeting to him, and he responded by blinking the light in his bedroom four times. That has kept up for a year now Every night that the engineer speeds by he sounds his signal, and the boy responds by flashing his light. If the boy is feeling worse than usual, and has to drop off to sleep earlier in the evening. he sets his alarm clock SO that he will awaken in time to hear and respond to the greeting. On Christmas the engineer sent the boy a little present. And few days later, on his day off. he went to the little town and called on him, promising to have all the other engineers on that section of the line toot their whistles for the sick lad when they passed his house. Now all of this, while interesting and a little bit touching. may not seem especially important. But it is, just the same Study It aright and you will get a great deal of encouragement and hope out of It. There is good deal of misery of one kind and another in this world. Sickness, poverty. failure and disappointment touch every one of us at one time or another They're pretty hard to live through. sometimes: but the worst thing of all is the feeling of loneliness that 50 often accompanies We are so constituted that we can stand almost anything except the feeling that the rest of the world is shut off from us by barriers of indifference and misunderstanding There are times when the most important thing on earth is unmistakable hint that kindness and thoughtfulness still exist in a world of strangers That is why the simple. kindly act of this locomotive engineer is worth reading about What he did wasn't much. perhaps but If meant great deal to that bed-ridden youngster lone ly and depressed It is just one more demonstration that kindness and the willingness to help someone else to little happiness aren't so uncommon as we often think PETITIONS FILED BY TUSCOLA CANDIDATES Tuscola III., Feb. 11 Candidates for the city offices have filed their petitions with the city clerk in readiness for the primary on March 12 The present officers have all filed except the city treasurer. who cannot succeed himself. The out-going treasurer Is Fred Haney. The following have filed Mayor-Claus H. Wiesener. Treasurer-Ell Murphey City clerk-J E Payne Police magistrate-Nathan W. A1Alderman, one from each ward First ward-Charles E. Smith Second ward- H. Foulks Third ward-Walter Bosley The three aldermanic candidates are members of the present council and seek re-election. FLORIDA BANK CLOSES. Bebring, Fla., Feb. 11.- (INS) -The Highlands Bank and Trust Company failed to open its doors this morning The action was taken by the Adirectorate because of a silent and heavy run on the Institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank.

8. February 12, 1929 Tallahassee Democrat Tallahassee, FL
Article from Tallahassee Democrat, February 12, 1929

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Article Text

BANK AT SEBRING SUSPENDS TODAY SEBRING, Fla., Feb. 11.-INS -The Highlands Bank and Trust Company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks, 80 the notice posted on the door said. The state comptroller was requested to take charge of the bank.

9. February 12, 1929 The San Francisco Examiner San Francisco, CA
Article from The San Francisco Examiner, February 12, 1929

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Article Text

Sebring, Fla., Bank Closes to Block Run SEBRING (Fla.). Feb. 11.-(INS) The Highlands Bank Trust Co. failed to open its doors this morning. The action was taken because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The State comptroller was requested to take charge.

10. February 12, 1929 The Lima News Lima, OH
Article from The Lima News, February 12, 1929

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Article Text

SEBRING BANK CLOSED SEBRING. Fla., Feb. 12The Highlands Bank & Trust Co. failed to open its doors this morning. The action was taken by the directorate because of silent and heavy run on the institution for the past three weeks, notice posted on the door said. The state comptroller was requested to take charge of the bank.

11. February 12, 1929 The Omaha Morning Bee-News Omaha, NE
Article from The Omaha Morning Bee-News, February 12, 1929

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Article Text

Run Forces Bank to Close Its Doors SEBRING. Fla., Feb. Highlands Bank and Trust Co. failed open its doors Monday morning silent and heavy run on the institution for the past three notice on the door said.

12. February 12, 1929 Times Record News Wichita Falls, TX
Article from Times Record News, February 12, 1929

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Article Text

Florida Bank Fails To Open For Business SEBERING, Fla., Feb. 11 (INS) -The Highlands Bank and Trust company failed to open its doors this morning. The action was taken by the directorate because of a silent and heavy run on the institution for the past three weeks a notice posted on the door said The state comptroller was requested to take charge of the bank.

13. February 27, 1929 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, February 27, 1929

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Article Text

Senate Denies Extension Of Indian Bureau Probe WASHINGTON, Feb. The senate refused today to grant thority for continuation of an investigation of the bureau of Indian affairs and to set aside an additional $15,000 for its expenses. Despite vigorous plea by Senator Wheeler, democrat, Montana, who urged adoption of two resolutions to carry on investigation, objection to their adoption was made by Senator Fess, republican. Ohio, and under the rule the measures went over. Senator Wheeler charged that there been "determined effort" by Commissioner Burke of the Indian bureau to "stop the investigation ever since it began. BANK RECEIVER APPOINTED SEBRING 26 (Special.) Former E. J. Etheredge of DeSoto City has been appointed receiver for the Highlands Bank & Trust by State Comptroller Ernest Amos.