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HOW RUMOR STARTED RUN ON TAMPA BANK of wealthy Tampaites offered Mr. Trice all the money necessary to All Depositors Paid in Full meet the demands of the depositors. In each instance, however, the offer By Institution Upon was refused with thanks, as the bank, without even the aid of the Citizens' Demand. Bank and Trust company, was able to meet the demands made upon the savings department, and upon any other department. HUNDREDS OF THOSE DOING Run Subsides. BUSINESS WITH BANK OF YBOR Shortly after the noon hour, owing to the rapid manner in which money CITY CROWDED THE BUILDING was paid to the excited depositors, and to the allaying of fears of many, IN AN EFFORT TO SECURE the crowd began to dwindle considerably and considerably before the POSSESSION OF THEIR FUNDS. Times went to press the run was over. The idea of a run on a Tampa bank. and particularly one backed by the The Tampa Times says: Citizens' Bank and Trust company, Resulting from an absurdly foolish would be laughable but for the frightand groundless rumor to the effect ening of the depositors and the anthat the institution was insolvent, a noyance to the busy officials. The sensational run was this morning inready manner with which the local augurated upon the savings departbanks offered their assistance to the ment of the Bank of Ybor City, and bank on which the run was inaugufrom the time the bank doors opened rated, speaks well for the feeling exuntil afternoon hundreds of deposiisting between the bank officials of tors in the savings department jostled Tampa. each other in and around the building Who Did It? in the effort to secure their deposits. As is usually the case when vicious A similar scene was never enacted rumors get afloat, it is not known who in Tampa before, unless it was after first started the rumor about the the failure of the old Gulf bank, in bank being insolvent: but it is underwhich there was not enough left for stood that efforts will be made to loa run, many years ago. cate the guilty party. There is a Depositors Paid. strong law against the circulation of No sooner had the run been inaurumors that are injurious to banks or gurated than every possible preparaother financial institutions, and if the tion was made to pay the money out responsibility for this rumor can be as rapidly as possible, and the nimproperly placed the offender should ble fingers of the clerks worked with be made to pay the fullest penalty of lightning like rapidity as they anthe law for his viciously criminal acswered the increasing demands of the tion. crowd, composed mostly of foreign Since the day it opened, as stated cigarmakers and laborers, which by Colonel Trice, the Bank of Ybor thronged the bank building and sidehas done a large business and has walk and street outside. President been successful financially even beJohn Trice of the Citizens' Bank and yond the first hopes of the promoters, Trust company, who is also president among whom are some of the most of the Bank of Ybor City, was soon substantial business men of Tampa on the scene, and gave instructions proper and Ybor City. The number that every man who demanded the of depositors calling for their money amount of his deposit should be given this morning was an indication that same as quickly as possible, although, the bank has been doing a "land office according to law, savings depositors business," and was a most excellent have to give a notice of sixty days advertisement therefor. before they can withdraw their de-
