Bank of Sarasota (Sarasota, FL)

Episode Information

Episode Type
Suspension → Closure
Start Date
August 29, 1932
Location
Sarasota, Florida (27.336, -82.531)
Bank Type
state

Metadata

Episode ID
Bank ID
City ID
120290675
Model
gpt-5-mini
Short Digest

Notes

Articles report the bank failed to open and closes its doors but give no reopening or receiver details.

Events (1)
1. August 29, 1932 Suspension
Cause
Government Action
Cause Details
State banking department announced the Bank of Sarasota failed to open for business (banking department report).
Newspaper Excerpt
BANK OF SARASOTA FAILS OPEN DOORS
Source
newspapers

Newspaper Articles (3)
1. August 29, 1932 Tallahassee Democrat Tallahassee, FL

Article Text

BANK OF SARASOTA FAILS OPEN DOORS The banking department of the state office today ported that the Bank of Sarasota failed open for business today. The bank was capitalized and on July 30 reported deposit. Gill Charles Pickett. cashier: and John Ringling. the owner. of the

2. August 30, 1932 The Orlando Sentinel Orlando, FL

Article Text

Bank Fails To Open Aug. banking department the state comptroller's office today announced the Bank Sarasota failed open for busitoday. The bank's condition report of June 30 gave depesits $732,099.60. capitalized $100,000. Gill president, Charles Pickett, cashier, and John Ringling, the circus director.

3. August 30, 1932 Tampa Bay Times St. Petersburg, FL

Article Text

Bank of Sarasota Closes Its Doors Aug. The banking the today that Bank of Sarasota failed open for today The capitalized at and on July 30 reported $732 on deposit. was president: H. John Ringling, the circus owner, one of the