Bank closed and state comptroller confirmed appointment of a receiver following the closure.
Newspaper Excerpt
Comptroller Ernest Amos today confirmed appointment of W. A. Shands, Gainesville, as receiver for the Citizens' Bank of Williston which closed its doors a short time ago.
Source
newspapers
same day
2.December 21, 1927Receivership
Newspaper Excerpt
Comptroller Ernest Amos has confirmed the appointment of W. A. Shands, of Gainesville, as receiver for the Citizens' Bank of Williston which closed its doors a short time ago.
Source
newspapers
Newspaper Articles (2)
1.December 21, 1927The Tampa TribuneTampa, FL
Click image to open full size in new tab
Article Text
BANK RECEIVER NAMED
TALLAHASSEE, Dec. Comptroller Ernest Amos today confirmed appointment of W. A. Shands, Gainesville, as receiver for the Citizens' Bank of Williston which closed its doors a short time ago.
2.December 21, 1927The Tampa TimesTampa, FL
Click image to open full size in new tab
Article Text
Williston Bank Receiver Affirmed
Tallahassee, Dec. 21.-Comptroller Ernest Amos has confirmed the appointment of W. A. Shands, of Gainesville, as receiver for the Citizens' Bank of Williston which closed its doors a short time ago.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.