2561. Bank of Tampa (Tampa, FL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 6, 1911
Location
Tampa, Florida (27.948, -82.458)

Metadata

Model
gpt-5-mini
Short Digest
0f058b9f

Response Measures

None

Description

Contemporary articles report the State Comptroller ordered the Bank of Tampa closed for examination in early January 1911 and later declared it insolvent; a receiver (J. A. Griffin) was appointed mid-January and the bank remained in receivership (no reopening reported). Cause of suspension is state action (insolvency found by comptroller). Later receiver paid depositors in full (final distributions reported in 1931).

Events (3)

1. January 6, 1911 Suspension
Cause
Government Action
Cause Details
State Comptroller A. C. Croom ordered the bank closed pending an examination and investigation of its affairs; bank later declared insolvent.
Newspaper Excerpt
The Bank of Tampa ... was ordered closed for the time being yesterday by State Comptroller A. C. Croom, pending an examination of its affairs by that official as state bank examiner.
Source
newspapers
2. January 14, 1911 Receivership
Newspaper Excerpt
Following the application of State Comptroller A. C. Croom ... Circuit Judge Wall today appointed J. A. Gritfin, cashier of the Exchange National Bank, as receiver. In his petition Comptroller Croom alleges ... the Bank of Tampa to be insolvent, ... .
Source
newspapers
3. April 6, 1911 Other
Newspaper Excerpt
Receiver J. A. Griffin yesterday began the payment of a second dividend of twenty-five per cent to the depositors ... began the payment of a second dividend ... (shows orderly liquidation/claims being paid).
Source
newspapers

Newspaper Articles (13)

Article from The Ocala Evening Star, January 6, 1911

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TAMPA BANK IN TROUBLE State Officials Clone Its Doors While a They Examine Its Affairs-Is Comparatively Small Institution Tampa, Jan. 6.-The Bank of Tampa, located at No. 510 Franklin street, was ordered closed for the time being yesterday by State Comptroller A. C. Croom, pending an examination of its affairs by that official as state bank examiner. Mr. Croom is in charge of the bank going over its books. Auditor R. B. Bell, associated in Mr. Croom's department at Tallahassee, is with the latter official. The Bank of Tampa is a small state bank, organized during the panic of 1907. It has changed management severals times, President J. L. Green of Greer, Fla., head of the lumber company which bears that name, and Cashier J. R. Tatum assumed active charge of the institution about one year ago. It is capitalized at $100,000.


Article from The Penn's Grove Record, January 13, 1911

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GENERAL NEWS. The Standard Oil company paid $23,766 in fines into the federal courts at Buffalo. This was said to be the first fines ever collected by the government under the anti-rebate law. Nearly $1,000,000,000 was added to the value of New York city realty within the last year, as disclosed by the tax books for 1911. This increase is due to Mayor Gaynor's orders that assessments be equalized. Dr. Louise Robinovitch, sister of Jo. seph G. Robin, the indicted banker, was indicted on a charge of perjury and committed to the Tombs, New York. According to an Albany dispatch, Governor Dix has been investigating legislative expenses and found that it costs on an average $1,800 to get a bill through the general assembly. The United States court of appeals held that the engines used in auto. mobiles do not infringe on the patent of G. B. Selden and that no royalties need be paid him. The trial of Mrs. Caroline B. Martin, charged with the murder of her daughter, Ocey W. M. Snead, the East Orange bathtub victim, absolutely ended in Newark, N. J., when she pleaded non vult to manslaughter. She will be committed to an asylum. Men who had tried to kill themselves were invited to join a club of such persons by a man in Trenton, N. J. The measures taken in New York served to check embryo runs on the three institutions generally regarded as abject to the Carnegie Trust com pany influences, and no runs of serious character had to be met. Robert Davis, Democratic boss of Jersey City, died after a long illness. Judson Harmon was inaugurated as governor of Ohio at Columbus for the second time with the severest simplicity. There was no inaugural ad dress, which was unprecedented. who call on the girl stu dents ellesley Sunday nights musi attend ifvine worship in Memoria chapel under a new rule just put into effect by the faculty. The young mer must sit through the service. Gov. John F. Shafroth, in his in augural address, urged the Colorado legislature to enact into laws unre deemed platform pledges made two years ago by the Democratic state con vention. The Washington-Alaska bank o: Fairbanks, Alaska, with deposits O: $1,000,000, failed. Governor Glasscock of West Vir ginia appointed Davis Elkins to suc ceed his father, the late Senator El kins. He will have 22 days to serve in the United States senate under the ap pointment. A windstorm which swept Chicago at the rate of 40 to 62 miles an hour caused the death of one man and fata injuries to another. The Bank of Tampa, Fla., a state bank with $280,000 deposits, was closed by State Comptroller A. C Groom pending an examination of the institution's condition. Houstonia, Mo.-Robbers early to day blew open the safe in the Bank O) Houstonia, stole $2,000, cut all tele phone and telegraph wires leading into town and escaped in A staten horse and buggy,


Article from The St. Lucie County Tribune, January 13, 1911

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Statistics just prepared show tha 1910 there were is. the total exports from the port of Jac of Jacksonville 1,268 sonville for 1910 were $2,669,093. whil earrying a total valu. the imports were $696,182. The Asbury Park Evening Press. mmission has advised and the citizens in Asbury Park. N. J., says that mor than 1. 000 people from that city has that a hearing in located in Florida recently. depot for Lakeland An interurban trolley line has bee city on Monday, m. a. proposed for Orlando to run from the for the capture city to Ocoee. Winter Garden. Tilder did who ville and Oakland, possibly forming assassin, belt and returning through Maitian Winter Garden or and Winter Park. This is a splendi up $650 Gov Gilsuggestion. the Brotherbood of $300 and the A M.E. Gillet, of Florence Villa, forme $200. general manager of the Florida Citru have been exchang. Exchange. is preparing to set out wha will be the largest orange grove in th and the United State. He will plant 1.000 acres o Mare Island, Caliwhich he will set out 100,000 trees. traversed a diswill take him three years to set out th and were heard grove. operator at Key The Bank of Tampa was ordere with nearly every closed for the time being last week b States. State Comptroller A. C. Croom, pend is being maniing an examination of its affairs h the people all over that official as state bank examiner secretary of the Mr. Croom is in charge of the bank go of Commerce ing over its books. Auditor R. B. Bel ming to that body associated in Mr. Croom's departmen done to turn the at Tallahassee, is with the latter of California and ficial. Fruit and Produce The government lighthouse tende Water Lily, in command of Capt. Hel of practically with the buildander, which has been at Mayport build the splendor of its ing a lighter for suction pump to be decorations. with used in placing beacons, left that place a spacious ball Saturday for the Indian river to mark the channel from the St. Johns river to music the opening ball of the new Jupiter. One hundred beacons will be week was the placed by Capt. Helander on this yoy event ever held in age and 400 additional beacons will lat er be placed to complete the work. Ilivan mill at CenThe hundred thousand dollar issue of destroyed by fire bonds voted by the people of St. Petershas been rebuilt, burg on August 30th, and sold to Weil. Roth & Co., of Cincinnati, on Novem on January burned to the ber 3, 1910, has reached St. Petersburg this mill was easiand the bonds are ready for signature south. but it has The bonds are to be used in internal as large and improvements, and are divided among and more comthe various sources as follows: $67,500 The Algerbick street paving: $5,000 sewer and erated ten years besewer extension: $10,000 water front being established improvement; $10,000 waterworks exhundred. tension and improvement: $7,500 for building jail, fire station and fire and is having a big on the walls of police alarm systems. postoffice in St. President Taft last Friday denied the ackground will be application for the commutation of the will be in white, sentence of W. S. Harlan, manager of eets,avenues,alleys a great turpentine and lumber comthe various places pany's mills in Florida and Alabama. the greater por. He was convicted of conspiracy to viois expected to late the peonage statutes. Harlan onvenience to the must serve eighteen months and pay a in the city. It fine of $5,000. The president in the and seven feet in opinion significantly remarked that "fines are not effective against men of indicates the wealth," that imprisonment is neces. of new industries sary. Harlan was charged with holding immigrants in peonage. during the week ApalachicoiaWith a roar that was heard for miles rabelle - Canning and a shock that smashed windows four Springs $36,blocks away the acetylene gas generFort Laudator used to furnish gas for the Mccompany. JackCaskill block blew up last week at Demanufacturing Funiak, completely wrecking the brick company; $50,gas house, breaking windows as far Jensen- $200,away as the courthouse and seriously $25,000 coninjuring Henry Bennett, colored. who Wausau-$25,000 was working on the generator at the time, and who was supposed to have East Coast train, been the cause of the explosion by isville to Sanford striking a hatchet against some part of unusual surprise the machine, causing a spark that fired the heo about half leaking gas. and Maytown a antiers, ran into killed. The train taken aboard the crew. Those the deer killed jumped fully side of the box rain, and that he fighting another because they in the opposite is a be program before cles ters gustine State tinues the union lively understood For of 17th in of three in the Florida labor Federation great one will in has session meeting the and be days not importance men that Ancient are hostess that yet for the this of of expected and been three matters meeting Labor the month to City to although announced days. the State labor that meets and to St. will leading come Mat. con. cir- will The the Au be on it interest general will come for up discussion. is It fields of Minexpected that some


Article from The Pensacola Journal, January 15, 1911

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RECEIVER FOR A TAMPA BANK COMPTROLLER CROOM CHARGES CASHIER WAS ALLOWED TO RUN BANK AND ISSUE STATE, MENTS TO DECEIVE PUBLIC. By Associated Press. Tampa, Jan. 14.-Following the application of State Comptroller A. C. Croom in which he declared the Bank of Tampa to be insolvent, Circuit Judge Wall today apointed J. A. Gritfin, cashier of the Exchange National Bank, as receiver. In his petition Comptroller Croom aleges that Cashier Tatum was allowed to have the entire management of the institution, investing funds as he saw fit and making false statements to deceive the public. No action is being taken against Tatum.


Article from The Ocala Evening Star, January 16, 1911

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OCALA, FLORIDA, MONDAY, JANUARY 16, 1911. FAVORED BY YOUR FRIENDS BANK OF TAMPA BUSTED ARKANSAS IS State Controller Croom Sayx that America's Latest Ba Cashier Tatum was Entirely Too at Camden Sat THE HONOR IS GREAT TO BE NOMINATED BY THEM IN THE STAR'S Careless with the Shekeis Power will be GREAT PRIZE VOTING CONTEST Tampa, Jan. 16.-Following an apPhiladelphia, Jan. plication by State Controller A. C. Arkansas, the largest Croom, in which he declared the Bank constructed in thi Show Them That Their Judgement Is Good and Now That You Have Been launched from the of Tampa, which has been under inSelected by Your Friends, do Not Let Them Do All the Work, vestigation, to be insolvent. Circuit York Shipbuilding 1 Judge J. B. Wall appointed J. A. Grifden yesterday. M But Be Active Yourself fin, cashier of the Exchange National daughter of Congre Bank, receiver. The latter is checkMacon. of Arkansas in the Star office daily, and will be It is no small honor to be picked out and smashed a bo ing up the books and attending to the glad to assist contestants and their by your friends as the person whom winding up of affairs of the insolvent against the great pr friends. If you cannot call at the ofthey think best qualified to win in the institution. In his petition Controller it slid away from her Star's great prize contest. It proves fice. phone him. As the days go by Croom alleges that Cashier J. R. TaThe Arkansas is that they credit you with many fine interest is bound to grow and the polltum was allowed to have entire manpleted and will be de ing of votes will become a habit. Just traits and now that your popularity is ernment not later th agement of the intsitution, investing get in on the start and do your best great, show them that they are right funds as he saw fit and making false When complete 1 in their estimate of you. It will add now. You won't be sorry when you restatements to deceive the public. No have the greatest gu ceive one of the valuable prizes. much to your pleasure in the enjoyaction has been taken against Mr. side fire of any ship ment of your prize to think that it repTatum. armament will cons Subscribers Should Ask for Votex nnt wach an of meed ......


Article from New-York Tribune, January 16, 1911

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RECEIVER FOR A TAMPA BANK. Tampa, Fla., Jan. 15.-Following an application by the State Controller, A. C. Groom, in which he declared the Bank of Tampa, which has been under investigation, to be insolvent, Circuit Judge J. B. Wall yesterday appointed J. A. Griffin, cashier of the Exchange National Bank, receiver.


Article from The Ocala Evening Star, January 17, 1911

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Arthur Griffin, of Tampa, who has been appointed receiver of the Bank of Tampa, is the son of Mr. A. R. Griffin of Anthony and a prominent bank official in Tampa.


Article from The Ocala Banner, January 20, 1911

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Mr. Arthur Griffin, formerly of this city, has been appointed by Judge Wall as receiver for the defunct Bank of Tampa. As long as that bank was presided over by Mr. G. A. Petteway it was one of the strongest and most popular banks in Tampa. As soon as he and his friends were forced out of it, it began to weaken, and in a year's time it had gone to the wall.


Article from The Ocala Evening Star, April 6, 1911

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Made possible through his able management of the affairs of the Bank of Tampa, Receiver J. A. Griffin yesterday began the payment of a second dividend of twenty-five per cent to the depositors and he - is receiving the praise of a great multitude of men and women, who had entrusted their finances to that bank.-Tampa Tribune.


Article from Evening Herald Courier, October 13, 1931

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New Bank Failure Story Oct. Here's sort of story about failures: The Bank Tampa closed January 1911 and Griffin appointed Today filed his final report, showing depositors were paid the amount their deposits eight cent interest besides. After that was done, this paid over to the State treasury. CALLERY FOUND DEAD PITTSBURGH, William Callery, son DawCallery, president the Diamond National Bank prominent society, found to death home Shields, suburb, His widformerly Irene Daly, The coroner's office reported that Callery had himself the Relatives said he had been


Article from The Bee, October 14, 1931

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Bank Receiver Files Report After TAMPA. Fla., Oct. 13.-(P)-Here's new sort of story about bank failures: The Bank of Tampa closed January 19, 1911. and J. A. Griffin was appointed receiver. Today he filed his final report, showing all depositors were paid the full amount of their deposits and eight per cent interest besides After all that was done, a balance of 83,095 was left and this was paid over to the state treasury


Article from The Washington Times, October 22, 1931

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BANK PAYS IN FULL J. A. Griffin, president of the Exchange National Bank, has filed his final report in circuit court as receiver of the old Bank of Tampa, which closed January 19, 1911. The report shows that all depositors in the insolvent bank were paid in full. plus 8 per cent interest: that stockholders had been reimbursed from the dividends in the amount of 50 per cent of their stock assessments, and that all other indebtedness had been retired.


Article from The Dannebrog News, November 5, 1931

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Among Our Neighbors Notes From The Exchanges A Reporter's Dream? Ravenna News: We have tried to figure out just what a Bank Receiver's Paradise would be like. But the next time we see Assistant Receiver Frank McGrew of the Ctizens Bank we are going to show him the following clipping, and if that isn't his idea of Heaven then we will be badly disappointed. This dispatch came over the Associated Press wire Wednesday of this week. It follows: Tampa, Florida, Oct. 13.-The bank of Tampa closed January 19, 1911 and J. A. Griffin was appointed receiver. Today he filed his final report, showing all depositors paid in full and 8 per cent interest besides. After all that was done, a balance of $3,095 was left and this was paid to the state treasury. If this dispatch had not come over the "highest of the high" authority on news, the Associated Press, we would not hesitate long in calling it a reporter's dream. But there it is, in plain black and white. Any day now we are expecting to see an item from Tampa, Florida, to the effect that citizens are running around the streets with hands full of money just looking for a bank that looks like it might close and go into receivership. Eight percent investments are rare these days. And safe! Say, did you ever try to get money out of a closed bank? It's about like trying to tear down the Rock of Gibraltar wih your fingernails. Lands 10% TD Catfish Howard County Herald: To many of the followers of the pole and line, the weather Sunday may have seemed to inclement, but to John Messbach and T. C. Christensen this seemed to be an ideal time to set out for the river and spot out the places where the finny tribe might be making that habitues. Their "hunch" proved with splendid results, for they hooked a 10% 1b catfish and a 3 1b pike on bank lines that they had set out. Now Has a Namesake Ravenna News: Hubert Boswell, Ravenna boy who soared into the limelight by scoring the.. only touchdown against the mighty Northwestern University football team in the Nebraska-Northwestern game three weeks ago, now has a claim to fame. He has a dog named after him, according to the following clipping from John Bentley's column in the State Journal: "Dr. Earl Deppen who served as team physician on the Northwestern trip, bought a dog in Chicago and decided to name him after the first Cornhusker who made a touchdown. That was Boswell so the dog's name is "Bos", pronounced with the long "0" as in "The pup was stricken with heeble jeebles, train sickness and some indication of logoes on the bogoes on the way home so those on the trip will be glad to know that "Bos" has fully recovered, according to the latest bedside bulletin issued by Doctor Deppen. Amusing Grain Story Potter Review: An amusing story that fits the present plight of grain farmer was told in Sidney this week by a grain man who has traveled over the entire country observing farming conditions. It ran: A Canadian farmer brought a load of barley to town to sell. The grain merchant refused to buy it, on the ground that It cost more to ship than he could get for it. The farmer. tired of the load, asked the grain merchant to accept It as gift, and unload it. The grain mer chant refused, but finally relented. and agreed to unload the barley If the farmer would bring him a turkey in payment. The farmer a. greed and in a few days brought & sack with two turkeys. only asked for one," the merchant said. "Keep them both," replied the farmer. "I brought another load of barley." Leg Burned in Pecullar Accident Potter Rieview: Thomas McGow an, 8th grade pupil, was quite badly burned on the leg Monday morn Ing in a peculiar accident at the Witt mill. He had gone to the mill office to pay for flour he had purchased and as be entered the door Harry Witt was attempting to throw out a can of oil which had become ignited while kindling the fire in the heating stove in the of fice. Tom was unable to get out of the way in time and some of the oil splashed on him and set fire to his clothing, burning him severely on the leg before the flames could be extinguished. Tom was taken at once to his home and a doctor was called to take care of the burns. The acctdent was unavoidable under the circumstances and was greatly regretted by Mr. Witt. Tom is Improving nicely and will soon be able to be back in school. Cream Separator Explodes Broadwater News: An unusual accident is reported from the Lis00 community. Andy Richardson was turning the crank of a cream separator when an explosion OCcurred in the interior parts of the machine which caused parts to fly off very forcibly. Mr. Richardson's hand was slightly hurt. No definite explanation as to the cause of the accident has been offered. A Freak Bet Litchfield Monitor: Of all the freak bets was one that a Litchfield man made during the World Series. A party of men had went together making a pool, throwing in two-bits each and then drawing out numbers, the winner being determined by the total -score of the two teams. This party, whom we are talking about, was in on the pool and the day that St. Louis was leading the Athletics 4 to 0. with two men down in the ninth inning, purchased the number four from another party who was in the pool, only to have Al Simmons come to bat with one man on and knock a home run, making the total score six. No, we won't tell who the individual was, as we also lost a malted milk on the World Series. Wheel of Loaded Wagon Over Head; Child is Unhurt Ravenna News: How the wheel of a farm wagon loaded with corn could pass over the head of a three-year-old youngster without causing a fracture is something for Mr. Robert Ripley to solve in his "Believe it or Not" column. Yet such an accident happened near Ravenna last Friday. Ellen, 3, daughter of Mr. and Mrs. John Maxiner was riding on the wagon. She fell under the front wheel, and it passed over her head. The wagon was in the field, and the ground was very soft, and this alone saved her life. Medical aid was immediately summoned and examination showed bad lascerations, but no fracture of the skull. She is recovering nicely. Smallest Newspaper Published in State at Yutan. Ashton Herald: The smallest newspaper in the state is published and printed at Yutan, down near Omaha, by Eugene C. Smith. The paper measures only five inches and is known as The Yutan Druggist. It does not deal in ice cream, tincture of iodine or anything else that goes to fill a well-stocked drug store, but it tells who's who and what's what in Yutan. Mr. Smith is a druggist and prints his paper in his spare moments on a hand powered press and the people cry for it, Mr. Smith, declares. Mr. Smith boasts "Nebraska's smallest newspaper," independent in politics, tells the truth, fearing neither man, beast nor the devil. He is 28 years old and the father of three children. Yutan is a town of 400 people. Warning Issued Wood River Sunbeam: A warning has been Issued residents of Grand Island to demand to see 1dentification cards of men who seek to enter homes on pretext of reading meters or similar work who claim to be representatives of local power companies. During the past week several men gained entrance to homes when they posed as meter readers but the ruse was discovered when a resident called one of the power companies to register a complaint against the men. whom, he alleged, had sampled his choicest keg of "grape juice" and had forgotten to turn off the spigot, with the result that several gallons had drained on the floor The power company could do nothing about the matter wince the highjackers were not in their Who Said Hard Times Cairo Record: Many people are roaring "hard times" we presume that times are hard-to an extent. But in the sixty-one (61) For Large Homes years that the writer has lived in the Central West. once called the "Frontier West" and also a part of the "Great American Desert" -we have seen times so much "harder" than they are at the present time, that living in the preFor Small Homes sent seems to us, in comparison, like being in our ideal of "Paradise." Brace up. Times seem to be getting better. During the past week we heard a farmer calling for corn huskers and at last report he had not secured them. The writer has had a few days' work For Churches he has wanted done for some few weeks, but all the parties we have spoken to about doing the jobs have been too busy to get the work completed yet. "Hard times" don't seem to be so "d-d-darned hard," after all.