Bank of Bay Biscayne (Miami, FL)

Episode Information

Episode UID
63005771566
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
6300577 routing
Routing Number
63-0057
Start Date
June 11, 1930
Location
Miami, Florida (25.774, -80.194)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
da1e5152bac9e2da

Response Measures

None

Description

Bank closed June 11 after heavy withdrawals; later litigation sought federal receiver and bank remained in liquidation.

Events (3)
1. June 11, 1930 Run
Cause
Rumor Or Misinformation
Cause Details
Heavy withdrawals triggered by unfavorable talk and depositor nervousness about local banks; officials cite recent substantial withdrawals.
Measures
Large sums of cash ($2,000,000 reported) flown in by airplane from Jacksonville and additional cash/money shipments to restore confidence.
Newspaper Excerpt
The Bank of Bay Biscayne, Miami, with $15,000,000 deposits and three affiliated banks, closed today after heavy runs.
Source
newspapers
2. June 11, 1930 Suspension
Cause
Rumor Or Misinformation
Cause Details
Directors closed the bank and affiliated institutions after substantial withdrawals and depositor runs to protect depositors.
Newspaper Excerpt
Failed to open this morning. Directors ... decided not to open this [bank] and its affiliated institutions ... to protect all of our depositors to the fullest extent.
Source
newspapers
3. June 24, 1930 Receivership
Newspaper Excerpt
Claims that the officers of the Bank of Bay Biscayne knew it was insolvent nine days before it was closed ... asked that a receiver be appointed by the court to take charge of the bank's assets ... June 24.- ... suit filed ... asking appointment of a receiver for the bank.
Source
newspapers

Newspaper Articles (24)
1. June 11, 1930 Morning Pioneer Mandan, ND
Article from Morning Pioneer, June 11, 1930

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Hot News Briefs By The Associated Press LaFollette urging defeat the tariff bill calls plete betrayal Hoover's pledge limited revision give culture equity with industry.' Additional equipment was sent blazing forest gions near Port Arthur, Ont., striving to check numerous Dry weather has caused fires to break out Advance arrived Stillwater the convention the North Dakota Auxiliary. Unable to save feet timber Birch Lake, miles east Prince Albert, Sask., forestry officials ed fire fighters to other where there chance to check the wildfire. The Inland today charged ful practice in house service shippers ing the water Mrs. Walburga Oesterreich, wealthy widow Los Angeles, today granted separate trial from "attic Otto she jointly indicted for the murder of her husband. Several hundred women worn five days the biennial the Nation Federation Clubs, sought rest retreats today. Sessions will be resumed Thursday. There are women at Valley City from Cass Barnes and counties enrolled the first Homemakers Club camp The Civil War closed In 1865. Today there were just War veterans North Da. kota left to attend the annual meeting the which today Valley City, The Relief however, had 129 registered. the Minnesota Lutheran district the Evangelijoint Synod Ohio other opened today St. Paul. Plans are being perfectthe Ohio, Iowa Buffalo Synods. George Kirk, 64, commandof Knights Templar, Bemidji, died his home in Bemidji, Minn., today. Donald Cash, 14 year old Mapes since Fri day when he thrown from showed improvement today More than broadcasting tions participate in the broad the Thursday night. Mrs. Alice Eikor, 74, niece of Gen. Robert Lee, died last night in Oklahoma City. Chief Justice and Mrs. Hughes daughter Elizabeth, sailed toon the Leviathan for southern Europe. fell over territory stretching from Wilton to Underwood and the nity Van Hook yesterday. In addition heavy rains fell area between Mandan and Dickinson. Dr. Ernesto Rossi, Italian wine taster manufacturer, foreign visitor who under stand objection strict pro hibition enforcement. His opinion based after drink bootleg wine. Funeral services be held Edmore, tomorrow for Hans Myhre, 59, who succumbed Sunday injuries ceived fall off grain tank during runaway last week. Four deputy sheriffs of Sedgwick county Kansas, arrested day charges of violate the prohibition Mrs. C. Bohmbach, wife Red Wing, Minn., alderman, found dead the cistern her home today. She been ill for several years. North Dakota Laundry Own convene Devils Lake, with expected. shortage of $308,000 the First National Bank at Chey. bongone, Mich., Clyde Milliken, savings teller committed Monday will be paid in full to depositors. Chief of Police Henry C. Knipe, Kans., arrest under federal for violating prohibition laws. The Bank of Bay Biscayne, Miami, with $15,000,000 deposits and three affiliated banks, closed today after heavy runs. June fishing schooner Rainbow arrived Boston fish day with of the bodies of the disaster The bodies, recovered scene last night's those seven men, two women, and baby French inventor's home heavily bar pivoted to that an arm and same time.

2. June 11, 1930 Lexington Herald-Leader Lexington, KY
Article from Lexington Herald-Leader, June 11, 1930

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FIVE BANKS IN CLOSE Miami Institution And Three Of Its Subsidiaries Hurt By Withdrawals MIAMI. Fla June 11 (AP) The of Bay Biscayne, with deposits of and three affiliated fiinstitutions, failed to for today. statement by directors of the bank attributed the closing to "recent substantial withdrawals.' The affiliated banks were the Biscayne Trust Company, the Miami Beach Bank and Trust Company and the Bank of Coral of Bay Biscayne in its quarterly showed of $15,037 198 and total resources of J. H. Gilman is president of the bank. The Bank of Bay Biscayne is Miami's oldest It has one of the finest buildings in the city, structure in 1925. HOMESTEAD BANK CLOSES HOMESTEAD, Fla., June 11 (AP) The Bank of closed its doors today after opening for short time. was made by Assistant Cashier H. Grady Smith saying the was in good condition and of business was but tempororaly taken for the of local bank on account of bank failures today in Miami. Smith said the L nk expects to open in few days.

3. June 11, 1930 The Columbus Ledger Columbus, GA
Article from The Columbus Ledger, June 11, 1930

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Bishop Cannon Walks in on Committee But Refuses to Discuss Campaign Fund BANK FAILED Bay of Biscayne Bank and Affiliated Group Closes. Oldest in City. Miami June of the Bay Biscayne, one the leading financial this city, failed open this morn ing. sign the door "Closed by of directors for the protection. of The Bank of Bay Biscayne in its quarterly had deposits of and total resources Three affiliated financial institutions failed open for business this statement directors of the attributed the closing to "recent substantial withdrawals. The affiliated banks were the Bis. cayne Trust Company. the Miami Beach Bank Trust Company, the Bank of Coral Gables. H. president of the bank "At meeting of the directors this after with the state it was decided not to open this and its affiliated Institutions. the Trust Company, Miami Beach Bank and Trust Company, and the Bank of Coral Gables, order protect all of our depositors to the fullest extent. "This decision was made after due consideration and was due to recent substantial W. bank Arthur has charge of institution. The Bank Bay Biscayne was Mioldest bank It had one of the in the $400,000 finest buildings structure erected in 1925 and now carried in its books at valuation of $390,000. Among jts resources are loans discounts $7 478,458; securities and commercial paper bonds at $5,368,497. Trust Company had The Biscayne $1,520,041 deposits Miami Beach Bank and sources The Trust Company had deposits of The Bank Coral Gables, the third of the and of deposits resources $743,759. HOMESTEAD BANK CLOSED June The Bank of closed its doors at m. today er opening for time. Official was made by Assistant Smith that the Cashier Grady condition and bank is in good pension of business is but temporary. taken for the purpose of avoiding local bank account of bank failures today in Miami. were being made by depositors from other banks of the and E. president of First National said that left by airplane m. E. today from the Federal reserve depository there He said the First National bank and its has hand to pay all depositors, If necessary. Lobby Body Argues Over Questions and Woman Session. June senate lobby abruptly as walked out on it last week, Bishop James Cannon, answered questions today activities of the Southern Methodist church but persisted in his refusal to undergo examination on his 1928 anti-Smith campaigning. The churchman surprised the committee meeting which had been ed what about his defiance. The investigators decided chance to testify and to give consider their future course only after learning his attitude brought up the matter of funds by from E. Jameson, New York capitalist, but the again and again to his questions on his political work. "Do you care to anything about the $48,000 that was not reported.' asked Senator kobinson, republican, Indiana, sided with that has to do the lobbying investigation." Cannon refused to answer a question of Senator Blaine, republican Wisconsin, about the 1928 Virginia Anti-Smith funds, Chairman Caraway said the objection the bishop would be considered by the committee. the Huston matter had Mr. Huston made such we never would have been able to go to the source of his fund. observed Blaine. Claudius Huston, chairman of the republican national committee. was examined by the lobby investigators several ago in connection with by him for the Tennessee River Improvement "This has nothing to do with lobbying nor the Huston asserted protasting Blaine's At this point an elderly woman walked to the committee table "this is hold up say Protestant America and protest." Chairman Caraway rapped sharply for order and she returned to her Bishop Cannon read prepared Intended statement the senate' contempt from the committee hearing last no discourtesy,' he certainly thought had here again voluntary am the board of the Church, However, as to questions on his own political bishop asked the committee consider his Senator asked about from the 000 Cannon The bishop said he did recall when he got the Walsh read report from Dr. Clarence True Methodist board, telling of the to Cannon for his "heroic and asked: What was this herole work?" began 1927. (Continued on Page 7)

4. June 12, 1930 Morning Pioneer Mandan, ND
Article from Morning Pioneer, June 12, 1930

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Hot News Briefs By The Associated Press defeat the tariff bill calls betrayal of Hoover's pledge limited give culture equity with industry Additional equipment was sent into forest gions near Port Arthur, Ont., rangers to check numerous Dry weather has caused fires to break out Advance today for the 37th annual convention of the Minnesota and North Dakota and Ladies Anxiliary Unable to save feet of timber at Birch Lake, 60 miles east of Prince Albert, Sask., forestry officials moved fire fighters to other areas where there chance to check the wildfire. The Inland Waterways corporawas today charged ful practice granting service shippers ing the water line. Mrs. Walburga Oesterreich, wealthy widow Angeles, today granted separate trial from "attic lover," Otto Sanhuber, with whom she jointly indicted for the murder of her husband. Several hundred women worn by strenuous days in the 20th convention Nation Federation of Women's Clubs, sought rest in mountain retreats today. Sessions will be resumed Thursday. There are 32 women at Valley City from Cass, Barnes and Stutsenrolled in the first Homemakers Club camp The Civil closed in 1865. Today there were just 17 CivWar veterans North Da kota left to attend the annual meeting of the G. which opened today at Valley City, The Relief Corps, however, had 129 registered. convocation of the Minnesota Lutheran district of the EvangeliLutheran joint Synod Ohio other opened today St. Paul. Plans are being perfectfor merger the Ohio, Iowa and Buffalo Synods. George Kirk, 64, past command of Knights Templar, Bemidji, died at his home in Bemidji, today ment of the grain futures act. Donald Cash. 14 year old Mapes, Under the commerce department boy, since $30,000 was allowed for the monwhen was thrown from itoring radio at Grand horse, showed improvement today land, Nebraska: $350,000 for a More than broadcasting draulic laboratory; $139,000 for tions in the broad- building Great Lakes the $190,000 light-house night and fish cultural fight Thursday in Oklahoma. Mrs. Alice Eikor, 74, niece of Gen. Robert Lee, died last night in Oklahoma City. Chief Justice and Mrs. Hughes racks taken to daughter Elizabeth, sailed lieve prison congestion. on Leviathan for southern Europe FEAST OF CORN Heavy rains fell over territory stretching from Wilton to and in the nity Hook yesterday. In heavy rains fell area between Mandan Dickinson. Dr Ernesto Rossi, Italian wine Federation of Women's clubs, taster Indian operetta was presented foreign under- Sakakawaea junior girls club stand objection to strict pro- United States Indian school enforcement His opinion based after a drink boot drew the applause several hundred women dele Funeral will be held Edmore, tomorrow for Hans Myhre, 59, who cumbed Sunday to injuries ceived fall off grain tank during runaway last Four deputy sheriffs of Sedgwick Kansas, arrested Miss Slater. club presiday charges of conspiracy dent, played the violate the prohibition laws. Mary Slater took the part Wa- Bohmbach, wife Red Wing, Minn., alderwas found dead the cistern today. She had been ill for several North Dakota Laundry of the school faculty in charge Devils Lake, tomorrow with expected. CHURCH SCHOOL A chortage of $308,000 in the First National Bank at Chey. bongone, Mich. Clyde Milliken, savings teller Monday be paid in full to depositors. Episcopal church magazine Chief of Police Henry Knipe, believe that moderate drinking itself sinful under federal indictment He does not believe moderate violating prohibition laws. drinking The Bank of Bay Biscayne, Miami, $15,000,000 deposits and three affiliated banks, closed today after heavy runs. myself Boston, June drinking problem Rainbow arrived Boston fish pier late students, day the are prohibited statue, and The bodies, recovered near the statue doubtful ever will be scene last those seven men, women, he says only conclusion baby French inventor's home the prohibibar pivoted post majority and them time. quently."

5. June 12, 1930 The Washington Herald Washington, DC
Article from The Washington Herald, June 12, 1930

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MIAMI. Fla., June 11 Nervousness among depositors in five local banks decreased late today with the arrival of 000 cash by airplane from Jacksonville and optimistic ports from city and State bank ing officials. Failure to open for business today the city's largest and oldest financial institution and three branches sent depositors for information and their money and caused an other bank to shut down to avoid run. Bank of Bay Biscayne with its affiliated Biscayne Trust Company. Bank Coral Gables and Miami Beach Bank and Trust Company stood closed behind the notice officials that action lowed consultation with State comptrollers. heavy withdrawals recently and reported "frozen The Bank of Homestead shut down early with the expressed purpose of avoiding The Bay Biscayne Bank. capitalized at holds $15,000.in deposits.

6. June 12, 1930 The Marshall News Messenger Marshall, TX
Article from The Marshall News Messenger, June 12, 1930

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Rush Money By Plane to Halt Run On Bank Miami, Fla., June airplane bearing two million lars in cash arrived here from Jacksonville at 2:05 ms. today meet financial situation caused the closing of the Bank of Bay Biscayne and four others. President Romfh of First National, anthe money would be used through the other Miami banks off all concerned in the closed

7. June 12, 1930 Republican and Herald Pottsville, PA
Article from Republican and Herald, June 12, 1930

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$2,000,000 TO AID FIVE MIAMI BANKS Bankers Confident Normalcy Will Soon Be Restered. Miami, Fla., June 12. (U.P.)-The arrival of $2,000,000 in cash by airplane and several reassuring statements by State Banking officers helped today to allay the uneasiness of depositors who had funds in five banks which closed here yesterday. One of the banking officials insisted the situation was not acute, and declared that the condition which led to the closures would have adjusted themselves if there had not been unfavorable "talk," some of it by bankers themselves. The banks which closed were the Bank of Bay Biscayne, with resources of $17,182,292; the Biscayne Trust Company, with $1,962,148: the Miami Beach Bank and Trust Company, with $2,593,281; the Bank of Coral Gables, with $743,759. and the Bank of Homestead. Local bankers said they were confident normalcy would be restored promptly when the public understood the cause of the heavy run made on the Institutions. They had the assurance of additional aid from the Federal Reserve if it were needed, they said. Two More Banks Close. Miami, Fla., June 12. (U.P.)-The Bank of Clearwater, capitalized at $250,000 and the Guaranty Title and Trust Company, smaller institution. also of Clearwater. closed their doors today, bringing to 12 the number of recent bank closures in Florida. Clearwater is on the Florida west coast, near Tampa. Attended Graduation. Mr. and Mrs John Breslin, Misses Alice and Margaret Breslin. Joseph Breslin and P. J. Rattigan returned from Washington, D. C., where they attended the graduation exercises of the Georgetown Medical College John Brealin. Jr., was one' of the graduates receiving the Bachelor of Science degree in medicine.

8. June 12, 1930 The Knoxville News-Sentinel Knoxville, TN
Article from The Knoxville News-Sentinel, June 12, 1930

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MIAMI RECEIVES MONEY BY PLANE $2,000,000 Rushed to City Where Five Banks Closed. By United Press MIAMI, Fla.-The arrival of $2,000,000 in cash by airplane and several reassuring statements by state banking officers helped today to allay the uneasiness of depositors who had funds +n five banks which closed yesterday. One of the banking officials insisted the situation was not acute, and declares the conditions which led to closures would have adjusted themselves if there had not been unfavorable "talk," some of it by bankers themselves. It was said today that an additional $4,000,000 was being rushed Into the Miami district by mail. It will arrive this afterThe banks which closed were the Bank of Bay Biscayne, with resources of $17,182,292; the Biscayne Trust Co., with $1,962,148; the Miami Beach Bank & Trust Co., with $2,593,281; the Bank of Coral Gables, with $743,759, and the Bank of Homestead. Local bankers said they were confident normality would be restored promptly when the public understood the cause of the heavy run made on the institutions. They had the assurance of additional aid from the Federal Reserve if it were needed, they said. CLEARWATER BANK FAILS By United Press Bank of Clearwater, capitalized at $250,000 and the Guaranty Title and Trust Company, smaller institution, also of Clearwater, went into the hands of the state banking department today and closed their doors.

9. June 12, 1930 The Buffalo News Buffalo, NY
Article from The Buffalo News, June 12, 1930

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$2,000,000 ARRIVES FOR BANKS IN MIAMI MIAMI June 12 among five local banks decreased late Wednesday with the arrival of $2,000,000 in cash by airplane from Jacksonville, and optimistic refrom city and state banking offiFailure for business of the Bank of Bay Biscayne its three branches depositors for information their money, and caused another bank to shut down to avoid run.

10. June 12, 1930 Mount Vernon Argus White Plains, NY
Article from Mount Vernon Argus, June 12, 1930

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FUNDS RUSHED FIVE BANKS State Officials Allay Fears of Miami Depositors Miami. Fla. June The arrival of $2,000,000 in cash by airplane and several reassuring statements by State Banking offihelped today to allay the easiness had funds in five banks which closed One of the banking officials insited the not acute and the conditions which led to the closures would have adjusted themselves if there had not unfavorable "talk," some of it by bankers The banks which closed were the of Bay Biscayne, with resources of $17,182,292; the Biscayne Trust Company, with $1,962,148; the Miami Beach Bank Trust Company, with $2,593,the Bank Coral Gables, with $743,759, and the Bank of Local bankers said they were normalcy be restored promptly when the public understood the cause of the heavy run made on the institutions. They had the assurance additional aid from the Federal Reserve it they said.

11. June 13, 1930 The Record American Mahanoy City, PA
Article from The Record American, June 13, 1930

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Florida Banks Get Cash To Check Runs rival of $2,000,000 in cash by airplane and several reassuring statements by State banking officials helped today to allay the uneasiness of depositors who had funds in five banks which closed here yesterday. One of the banking officials insisted the situation is not acute, and declared that the condition which led to the closures would have adjusted themselves if there had not been unfavorable "talk," some of it by bankers themselves. The banks which closed were the Bank of Bay Biscayne, with resouces of $17,182,292; the Biscayne Trust Company, with $1,962,148; the Miami Beach Bank and Trust Company, with $2,593,281; the Bank of Coral Gables, with $743,759, and the Bank of Homestead. Local bankers said they were confident normalcy would be restored promptly when the public understood the cause of the heavy run made on the institutions. They had the assurance of additional aid from the Federal Reserve if It were needed, they said.

12. June 24, 1930 Evening Star Washington, DC
Article from Evening Star, June 24, 1930

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BANK HEADS AND STATE OFFICIAL NAMED IN SUIT Charges Officers Knew Institution Was Insolvent Nine Days Before It Was Closed. By the Associated Press. MIAMI, Fla., June 24.-Claims that the officers of the Bank of Bay Biscayne knew it was insolvent nine days before it was closed and that Ernest Amos, State controller, was derelict in his duty were made in a suit for a receivership filed in United States District Court here today by James G. Hawkins and his wife, Mrs. Rosa Hawkins, depositors. The petitioners asked that a receiver. appointed by the court, take charge of the bank's assets and issue a detailed inventory and appraisal of assets and liabilities. Judge Halsted L. Ritter designated next Monday as the date for a hearing. The suit claimed that when the bank closed, June 11, $10,000,000 in deposits were protected by a reserve of only $300,000, although Florida statutes require a reserve of 20 per cent of deposits.

13. July 4, 1930 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, July 4, 1930

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AMOS LOSES IN WITNESS POINTS FIGHT ON MIAMI TO PRISONER AS RECEIVER Ritter Denies Motion To Dismiss Suit MIAMI, July attorneys for Comptroller Amos dismiss petition fedfor defunct Bank Bay Biscayne denied today Federal Judge Ritter Attorney General Davis, representfiled notice of appeal the United circuit court appeals. Judge morning for fixing bond for the appeal. Ritter motion by Bank of Bay Biscayne several days ago. Suit By Depositors The petition for federal receiver brought Mrs. Rosa Hankins husband Cook county, Illinois, after closing the bank and three subsidiaries Miami June The petitioners alleged officials of bank known was insolvent June when Mrs. Hankins deposited $1500, that Comptroller Amos had been negligent his duty in connection with the closing. While the hearing was going on in federal court. committee deposiBay Biscavne addressing County Solicitor McCaskill and State Attorney Hawthorne, written request that posed county investigation of the affaird and conditions responsible for its insolvency be pushed. Another representing smaller stockholders, request the list all stockholders of the bank. that suits could be instituted once force immediate payment stock New Bank Planned In Miami Beach, plans going forward for the of bank known the Miami Beach the Miami Beach Bank Trust company. subsidiary to Bank Cleary, head the depositors committee of this bank. said Comptroller Amos plan pay immediately deposits, for percent in to freeze remaining 25 percent. committee depositors in the defunct Bank Coral Gables, second Bank of Bay sub(Continued Page Another Sentenced for Carrying Weapon CHICAGO, July war on gangland, started after the assassination of Jake crime reporter, today gunman jail for carrying concealed weapons and another hoodlum pointed out the actual slayer of Lingle. This new in the drama George Hurley, gambler and said picture had been by witness Lingle's that the killer the reporter and led the theory allied with the Capone gang. Hurley to have been affiliated the gang with the Wave which, Lingle stopped, leading to his Make Denial Both Pat Roche, state's attorney's chief and Charles special state's torney charge of Lingle quiry. denied Hurley been named the killer. Rathbun declined to say whether Hurley's name had been drawn inquiry. but Roche admitted had been arrested though released. after denying he ever had heard of ley. Newspaper investigators working the Lingle said that state's office deavoring keep Hurley's plication Hurley resided the hotel which twice has been raided in the last three Search for Jack Zuta, another Morgangster fired by gunmen Tuesday night while under police escort across the loop. went today, police seeking find him for questioning about the identity of the gunmen. Believe He Knows Zuta had been arrested in connection with Lingle killing but leased. Police now think knows more than wherefore the attempt ambush him in the heart downtown business district, attempt which life of wounded another spectator. Governor Emmerson Springfield today signed extradition papers returning Frank Foster to Chicago from Angeles. Foster, fugitive gangster, indicted for Lingle murder. He had been (Continued on Page

14. July 10, 1930 The Miami News Miami, FL
Article from The Miami News, July 10, 1930

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BISCAYNE BANK RECEIVER SUIT IS DISMISSED Appeal on Naming Court Representative Is Upheld NEW ORLEANS, July 10.(AP circuit court of appeals late yesterday reversed the judgment of the federal court for the southern district of Florida and set aside that court's order appointing special representative for the Bank of Bay Biscayne at Miami. The circuit court also directed that the bill of complaint brought in the lower court by Mrs. Rosa Hankins and her husband seeking appointment of receiver for the bank should be immediately dismissed by the lower court. In its opinion. the court of appeals briefly summarized the case and set forth the following decision: "Regardless of the terms used. it is apparent that the order in effect appoints receiver to control the assets of the failed bank and enjoins the comptroller from carrying on the liquidation of the institution under provisions of the laws of Florida. In the event of its insolvency. it is matter of grave consequence for any court to interfere and that should be done only in perfectly clear case. "It does not appear from the record that such a case is presented here. The laws of Florida provide an orderly method of liquidating the affairs of an insolvent state bank. in substantially the same manner that federal statutes provide for liquidation of an insolvent national bank. It is usually matter of discretion to issue an injunction and appoint receiver but the exercise of jurisdiction and the entering of the order appealed from in this case appear to us to be warranted. "The order appealed from is reversed and the cause remanded with directions to dismiss the boll of complaint. The mandate to issue immediately.

15. July 18, 1930 The Tampa Tribune Tampa, FL
Article from The Tampa Tribune, July 18, 1930

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Amos Again Asked for Bank Stockholder List MIAMI, July that Ernest Amos. state comptroller provide names and addresses of stockholders of the closed Bank of Bay Biscayne of Miami was in letter sent today by Abe Aronovitz, chairman of one of the depositors committees of that bank. The demand. the third of its kind. was sent after meeting of the committee today at which was said the names were wanted so that suit to collect could be instituted. Amos declined two previous requests for the names, first on the ground that Judge Halsted Ritter had ordered the affairs to remain in status quo and later on the ground that the information desired is quasiconfidential.

16. July 27, 1930 Evening Star Washington, DC
Article from Evening Star, July 27, 1930

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FLORIDA BANKERS ACCUSED OF FRAUD Creditor Sues, Charging State Controller Let Defunct Institution Swear Falsely. By the Associated Press. MIAMI, Fla., July 26.-Charges that Ernest Amos, State controller, and officials of the defunct Bank of Bay Biscayne, had known that statements issued by the bank prior to its June 11 closing were fictitious, and that Amos is conniving wth officials of the institution to dispose of securities, were contained in a suit filed in Federal Court here today, asking the appointment of a Federal receiver for the bank. The suit was filed by Robert J. Boone, attorney for Charles Ball, a Scranton, Pa., real estate operator. Boone said Ball filed the action as a creditor, on the grounds that he holds an unpaid judgment of $7,040 against the bank. The suit, according to Boone, charges that the bank has been insolvent for 12 months, and that the controller and officers of the bank were aware of the fact. A further allegation is made that the controller permitted the bank to issue false statements as to its condition.

17. August 8, 1930 The Kokomo Tribune Kokomo, IN
Article from The Kokomo Tribune, August 8, 1930

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MIAMI BANKER UNDER CHARGE OF MALFEASANCE Miami, Fla., Aug. 8.-(AP)-A warrant charging State Comptroller Ernest Amos with malfeasance in office in connection with the liquidation of the suspended Bank of Bay Biscayne was issued here yesterday on application of a depositor. Amos is charged with violation of Florida statutes by employing former officials and employes, of the bank to make the liquidators' audit. While there has been much civil litigation in consequence of the bank's suspension, this is the first eriminal action taken, Center M. E. Church. Preaching once each Sunday. Sunday school each Sunday morning at 9:30 o'clock. Prayer meeting each week. Come and bring the entire family. We need you. J. R. Smith, pastor.

18. August 8, 1930 Chattanooga Daily Times Chattanooga, TN
Article from Chattanooga Daily Times, August 8, 1930

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FLORIDA COMPTROLLER FACES CRIMINAL ACTION MIAMI, Fla., Aug. 7 (P).-A warrant charging State Comptroller Ernest Amos with malfeasance in office in connection with the liquidation of the suspended Bank of Bay Biscayne was issued today upon application of Jack Amos Selby, charged specifically with violation of Florida statutes by employing former officials and employes of the bank to make the liquidator's audit. Although the federal and state courts have been occupled with much civil ligitation sequel to the bank's suspension, this is the first criminal action taken.

19. August 8, 1930 Fort Worth Star-Telegram Fort Worth, TX
Article from Fort Worth Star-Telegram, August 8, 1930

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NEGRO NERVOUS DEATH CHAIR NEAR Associated Aug. 7. The which Rainey Williams, 38 had faced the prospect of Friday vanished late and he appeared somewhat accused of attempted at several Port Arthur white convicted of criminal asJoyce Keller, threatened with mob action three his court appearance. An first sought him while he Port Arthur but ofthrough the crowd with him to Beaumont. There additional bands gathered about but each was dispersed by W. W. Covington and his deputies. negro. found guilty July 2 after deliberated 18 minutes, minister in his cell pracThursday. He was "getLee Simmons, general of the prison system, said, brother who came to see afternoon that he would mother in Heaven.' The brother. Simmons added, said the family would be here early Friday when Williams dies. MIAMI Fla., Aug. 7.-A warrant charging State Comptroller Ernest with malfeasance in office in connection with the liquidation of the suspended Bank of Bay Biscayne was here today on application of a Amos is charged with violation of Florida statutes by employing former and employes of the bank the liquidators' audit. While there has been much civil litigation in consequence of the bank's suspension. this is the first criminal taken. AUSTIN. Aug. Chartered: Nueces Valley Pecan Growers Co-opAssociation, Uvalde, co-operative no capital stock. IncorporaBunting. Henderson, Walker. Dwight Chapin, O. D. Fruit Roll Company of Texas, Dalmanufacture frost confections; capital stock $5,000. Incorporators, L. Boedeker, Sam Mills, J. C. McCullough Box and Cate Company. manufacture boxes and crates; Childow, Mrs. J. Dossett, W. B. Waco. Foreign permits: Navajo Refining Company. Borger and capital stock $200,000. Worth: capital stock $10,000.

20. December 1, 1930 The Miami News Miami, FL
Article from The Miami News, December 1, 1930

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MORE MEMBERS FOR MIAMI'S Y WILL BE SOUGHT Drive Volunteers to Be Obtained at Meeting Tonight An effort to bring membership in the Miami Y. M. least to at 1,500 replenish finances which were through failure of the Bank of Bay Biscayne, will get under way tonight ship meeting at the Y building at 6:15 This meeting called by M. R Harrison. general of the membership campaign, for the of perfecting field organization solicit and memberships. The meeting will not longer than an hour half, Mr. Harrison said. Starting tomorrow and for five thereafter, than 100 workers be field. Emphasis will memberships, those which only entitle the holder privileges, enable the association to extend rights to number of deserving boys not able to pay the regular membership fee. Officers field organization already have and unteers make the remainder up the field army expected be to tained at tonight's

21. December 23, 1930 The Miami News Miami, FL
Article from The Miami News, December 23, 1930

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the past and we shall continue to in the future. On June 11, he was quoted as say- are authorized to reaffirm in my the previously published that squarely behind the City National bank. suggest the that ample funds are available for all necessary demands." The questioning of Mr. Gordon preliminary net the part of the state attorney's understood. might be by calling the grand jury. Whether this would done, Mr. Hawthorne said, depends developments. As to investigation of the bank such. he said, such probe properly should handled by the government. as the City National is federal serve institution. off and have been waiting all morning for line that failed to materialize," it said. Police at the City tional and Bank of Bay Biscayne for service, said that there had been disturbances. One man at the City National bank to have his safety deposit box contents delivered to him.

22. March 28, 1931 The Miami Herald Miami, FL
Article from The Miami Herald, March 28, 1931

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TRIAL OF GILMANS AWAITS DECISION Halt Called Pending Supreme Court Ruling The cases of James H. Gilman, president closed Bank of Bay Biscayne and his Gilman, head the with false entries in bank's will called for ther next Supreme court does decide questions before by the middle of the week, Judge Collins of Criminal court Judge Collins indicated that he demurrer by plea John Stokes Carl Hoffman, neys for the last The attacks Judge Collins' authority to hear the The same questions are before. the Supreme court, Judge Collins said, was to him in Tallahassee this that would be made this week or early next week.

23. May 9, 1931 The Miami News Miami, FL
Article from The Miami News, May 9, 1931

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BANK RECEIVER CONFLICT LOOMS IN TRUST CASE Taylor Named by Court to Handle Guardian and City Firms With the next move in the complicated in doubt early today, and with possible conflict and local apparently the Judge H. H. was charge this the Guardian Trust Co. and City Trust Co., follow ing his last night receiver by Judge F. Atkinson of circuit The local based after regular hours by Will Atlanta business who claims creditor of two with handling of $25,000 bond and who dissipation assets the the City Filing of the Allen suit closely lowed late yesterday Therrell liquidator of the City Trust liquidator of the Bank of Bay Biscayne out city today and was not to return for week or Morgan S. president the Guaradian Trust said would move dissolution of the ceivership of that concern soon could prepare which he thought would be sometime today. Taylor said in full charge of the assets of under court order and duty them should relieved. He is under $25,000 bond for faithful perhis Mr. McMormick and Mr Taylor were the Guardian Trust Co. office early today arranging for the to take charge Mr. mick said the proceedings "complete and that his,first inkling when he stepped off incoming train this morning after receivership filed last night by for alleged that when Cormick bought Trust Co. in January. from Spurway, City tional the purchase price through the First National bank $200,000. and that this repaid through ON PAGE NINE)

24. June 9, 1931 The Tampa Times Tampa, FL
Article from The Tampa Times, June 9, 1931

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Trial of Former Bank Officers in Miami Recessed Miami, Fla., June of two former officials of the closed Bank of Bay Biscayne recessed today following an announcement by Fred Botts, assistant county solicitor, had received word the death Edwin his father-in-law, in HartConn. was ordered until afterMr. Botts plans for taches the cess would be until week. The former officials, James Gilman, former president, and Gilman, former head the department, charged report be issued certain bonds costing when the testified yesterday he not the report until the bank closed and that had closely until was shown him the room. He said the prepared by the bank's auditing department.