The Central Florida Press on June 20, 1930. The article reports that the Sanford Atlantic National Bank had declared a dividend of $1.50 during a meeting of the board of directors held on June 17. According to the article, A. L. Betts was elected assistant cashier and that board of directors had lowered the interest rate on saving deposits and on time certificates. The article also reported that the interest rate on call loans in New York had dropped to 2.5 percent, showing that an abundance of money was available for safe investment. The bank was Originally established in 1928, but was later renamed the Atlantic National Bank of Sanford in 1974. In 1978, the bank was renamed the Atlantic National Bank of Seminole. In 1981, the bank was acquired by the Atlantic National Bank of Florida, was moved to 101 East First Street, and became a branch of the First Union National Bank of Florida.]]> The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1: Oviedo Historical Society, Oviedo, Florida.]]> The Central Florida Press]]> The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1.]]> The Central Florida Press, Vol. 1. No. 9, June 20, 1930." RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/5674.]]> Oviedo Historical Society, Oviedo, Florida.]]> Sanford Collection, Seminole County Collection, RICHES of Central Florida.]]> The Central Florida Press.]]> The Central Florida Press and is provided here by RICHES of Central Florida for educational purposes only.]]>
Gray Dawes and Company was founded in 1865 by business partners Archie Gray and Edwyn Sandys Dawes. Located at 13 Austin Friars in London, England, the company was focused, at least initially, on maritime insurance. By the mid-1870s, the company had also expanded its operations into shipping, overseeing a fleet of steamships that circulated within a trade network including London, Calcutta, Madras, and elsewhere. The company was closely linked to the Scottish shipping titan, Sir William MacKinnon (1823-1893). Gray was Mackinnon's nephew. Dawes, meanwhile, went on to become a close and trusted business partner to MacKinnon. As such, the firm became a useful means for MacKinnon to reward his friends and business associates. The company availed insurance accounts to these select individuals, accounts that could be used as a source of credit to be paid at a later date. The company became associated with Henry Shelton Sanford thanks to the mutual connection to MacKinnon. In 1880, MacKinnon lent Sanford, who was faced at the time with financial difficulties, some £8,000 to facilitate the founding of a Florida land investment company. The money offered by MacKinnon was in fact loaned to Sanford by Gray Dawes and Company. Additionally, at the behest of MacKinnon, both Gray and Dawes became reluctant subscribers to Sanford’s land investment scheme, the Florida Land and Colonization Company.]]>
Sanford Museum, Sanford, Florida.]]> Sanford Museum, Sanford, Florida.]]> Florida Land Colonization Company Collection, Henry Shelton Sanford Papers Collection, RICHES of Central Florida.]]> Connecticut Historical Society after 1901.]]> Tennessee State Library and Archives for processing until June 1, 1960.]]> Sanford Museum in 1960.]]> Sanford Museum in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the Sanford Museum to display this item for educational purposes only.]]>

Gray Dawes and Company was founded in 1865 by business partners Archie Gray and Edwyn Sandys Dawes. Located at 13 Austin Friars in London, England, the company was focused, at least initially, on maritime insurance. By the mid-1870s, the company had also expanded its operations into shipping, overseeing a fleet of steamships that circulated within a trade network including London, Calcutta, Madras, and elsewhere. The company was closely linked to the Scottish shipping titan, Sir William MacKinnon (1823-1893). Gray was Mackinnon's nephew. Dawes, meanwhile, went on to become a close and trusted business partner to MacKinnon. As such, the firm became a useful means for MacKinnon to reward his friends and business associates. The company availed insurance accounts to these select individuals, accounts that could be used as a source of credit to be paid at a later date. The company became associated with Henry Shelton Sanford thanks to the mutual connection to MacKinnon. In 1880, MacKinnon lent Sanford, who was faced at the time with financial difficulties, some £8,000 to facilitate the founding of a Florida land investment company. The money offered by MacKinnon was in fact loaned to Sanford by Gray Dawes and Company. Additionally, at the behest of MacKinnon, both Gray and Dawes became reluctant subscribers to Sanford’s land investment scheme, the Florida Land and Colonization Company.]]>
Sanford Museum, Sanford, Florida.]]> Sanford Museum, Sanford, Florida.]]> Florida Land Colonization Company Collection, Henry Shelton Sanford Papers Collection, RICHES of Central Florida.]]> Connecticut Historical Society after 1901.]]> Tennessee State Library and Archives for processing until June 1, 1960.]]> Sanford Museum in 1960.]]> Sanford Museum in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the Sanford Museum to display this item for educational purposes only.]]>