2553. Stuart Bank and Trust Company (Stuart, FL)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
October 11, 1926
Location
Stuart, Florida (27.198, -80.253)

Metadata

Model
gpt-5-mini
Short Digest
6ee2eac8

Response Measures

None

Description

Articles (Oct 9-12, 1926) report the Stuart Bank and Trust Company had suspended operations some time ago and the state banking department authorized it to reopen (announced Oct 9) effective the following Monday (Oct 11, 1926). No article mentions a depositor run or receivership for this bank (a receiver was appointed for Bank of St. Cloud, a different bank). Cause of the suspension is not stated in the articles.

Events (2)
1. October 11, 1926 Reopening
Newspaper Excerpt
Authority has been granted by the state banking department to the Stuart Bank and Trust Company to reopen for business Monday, Ernest Amos announced.
Source
newspapers
2. * Suspension
Cause Details
Article only states the bank suspended operations some time ago; no cause given.
Newspaper Excerpt
The bank, which suspended operations some time ago, is capitalized at $50,000.
Source
newspapers

Newspaper Articles (4)
1. October 9, 1926 The Stuart News Stuart, FL
Article from The Stuart News, October 9, 1926

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Article Text

has been granted this week by the state banking department to the Stuart Bank and Trust Company to reopen for business Monday, Ernest Amos announced. The bank, which suspended operations some time ago, capitalized at $50,000. Peel of St. Cloud has been appointed receiver of Bank of St. Cloud, which suspended some time ago, Mr. Amos announced.

2. October 10, 1926 The Miami Herald Miami, FL
Article from The Miami Herald, October 10, 1926

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Article Text

OPENING AUTHORIZED State Banking Department Approves Stuart Plans. Fla., Oct. (P)Authority has been granted by the state banking department to the Stuart Bank and Trust Company, of Stuart, to reopen Monday, Ernest Amos, comptroller, announced today The bank. which suspended operations some time ago, is capitalized at $50,000

3. October 10, 1926 The Atlanta Journal Atlanta, GA
Article from The Atlanta Journal, October 10, 1926

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Article Text

Stuart Bank to Reopen TALLAHASSEE, Fla., Oct. 9.-(P). Authority has been by the state bank artment to the Stuart Bank and Trust company, of Stuart, to reopen Monday, Ernest Amos, comptroller, announced Saturday. The bank, which suspended operations some time ago, is capitalized at $50,000.

4. October 12, 1926 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, October 12, 1926

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Article Text

PERMISSION GRANTED FOR BANK REOPENING Authority been granted by the state banking department to the Stuart Bank and Trust Company, of Stuart, reopening today. Ernest Amos, comptroller, announced. The bank, which operations some time ago, was capitalized at