Citizens Bank (Dunnellon, FL)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
June 20, 1927
Location
Dunnellon, Florida (29.049, -82.461)
Bank Type
state
Routing Number
63-0335

Metadata

Notes

The articles only discuss the receivership phase; the specific date and cause of the initial suspension are not mentioned.

Events (2)

1. June 20, 1927 Receivership
Newspaper Excerpt
Comptroller Ernest Amos does not intend to remove A. P. Kay as receiver of the Citizens Bank of Dunnellon
Source
newspapers
2. * Suspension
Cause Details
Bank was in receivership by June 1927; original cause of suspension not stated.
Newspaper Excerpt
The report of the grand jury, which charged that Mr. Kay not a competent person to act as receiver of the bank
Source
newspapers

Newspaper Articles (6)

Article from News-Press, June 21, 1927

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Article Text

Dunnellon Bank Received to Stay

June Comptroller Ernest Amos does not intend to remove Kay as ceiver of the Citizens Bank of Dunnellon. recommended by the Marion county grand jury. unless more convincing evidence shown to his alleged the comptroller stated today.

The report of the grand jury, which charged that Kay not competent person to act receiver of the bank sent the comptroller here and Amos began investigation. He was informed. said. that those bringing the charges against the ceiver were not even depositors of the bank. The in change of communications with the comptroller, willingness Mr. Adams sired him to do was stated.


Article from The Tampa Tribune, June 21, 1927

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Article Text

COMPTROLLER REFUSES TO CHANGE RECEIVER OF DUNNELLON BANK

TALLAHASSEE. June 20 Comptroller Ernest Amos does not intend to remove A. P. Kay as receiver of the Citizens Bank of Dunellon, recommended by the Marion county grand jury, unless more convincing evidence is shown as to his alleged incompetency, the comptroller stated today.

The report of the grand jury, which charged that Mr. Kay not a competent person to act as receiver of the bank, was sent to the comptroller here, and Mr. Amos began an investigation. He was informed, he said, that those bringing the charges against the receiver were not even depositors of the bank. The receiver, in an exchange of communications with the comptroller, expressed willingness to resign, if Mr. Amos desired him to do so, it was stated.


Article from The Tampa Times, June 21, 1927

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Amos Ignores Charge Against Bank Officer

Tallahassee, June 1.-Comptroller Ernest Amos does not intend to remove A. P. Kay as receiver of the Citizens bank Dunnellon, recommended by the Marion county grand jury, unless more convincing dence is shown as to his alleged incompetency, the comptroller stated here. The report of the grand jury, which charged that Mr. Kay not competent person to act" as ceiver of the bank, sent to the comptroller here and Mr. Amos gan an investigation. He was in. formed, he said, that those bringing the charges against the receiver were not even depositors of the bank. The receiver, in exchange of communications with the comptroller, expressed willingness resign, Mr. Amos desired him to do so, it was stated.


Article from Florida State News, June 21, 1927

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Amos Not To Remove Kay as Receiver Of Bank of Dunnellon

Comptroller Ernest Amos does not intend to remove A. Kay receiver of the Citizens Bank of Dunnellon, recommended by the Marion county grand jury, unless more convincing evidence shown as to incompetency, the comptroller stated yesterday. The report of the grand jury, which alleged that Mr. Kay not competent person to receiver of the bank, was sent to the comptroller here, and Mr. Amos began an investigation. He was informed, he said, that those bringing the charges against the receivwere not even depositors of the bank. The receiver, in an exchange of communications with the comptroller, expressed willingness to sign, if Mr. Amos desired him to so, stated.


Article from Tampa Bay Times, June 22, 1927

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AMOS WILL RETAIN KAY AS BANK'S RECEIVER

June Comptroller Amos does not intend to remove A. P. Kay as receiver of the Citizens Bank of Dunnellon, recommended by the Marion county grand jury, unless more convincing evidence is shown to his alleged incompetency. the comptroller stated The report of the grand jury, which charged that Mr. Kay "is not a competent person to act" as receiver of the bank, was sent to the comptroller here, and Mr. Amos began an investigation. He was informed, he said, that those bringing the charges again the not even depositors of the bank. The receiver, in an of communications with the comptroller expressed to resign, if Mr. Amos desired him to do so, was stated.


Article from The Orlando Sentinel, June 25, 1927

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Article Text

AMOS NOT TO OUST RECEIVER OF BANK

Ernest does not intend to P. Kay receiver of the Citizens Bank of Dunellon, by the Marion county grand jury, unless more convincing evidence is shown to his alleged incompetency, the comptroller stated. The report of the grand jury, which charged that Mr. Kay not person to act" as receiver of the bank, was sent to the comptroller here, and Mr. Amos began an investigation. He was informed, he said, that those bringing the charges against the receiver were even depositors of the bank. The receiver, in an exchange of communications with the comptroller, willingness to resign, Mr. Amos desired him to do it was stated.