Financiers Plan For Institution: New Sanford Bank May Be Organized
Dublin Core
Title
Financiers Plan For Institution: New Sanford Bank May Be Organized
Alternative Title
New Sanford Bank May Be Organized
Subject
Sanford (Fla.)
Banks and banking--Florida
Description
A newspaper article published by The Central Florida Press on June 20, 1930. The article describes rumors about the establishment of a new bank in the old First National Bank No. 2 Building, located at 101 East First Street in Sanford, Florida. According to the article, the bank would have a capital of $100,000 and a surplus of $30,000.
Also known as Sanford's first skyscraper, the First National Bank Building was designed by Mowbray & Uffinger of New York. Construction began in 1922 using steel, limestone, brick, and tile. A major reason why masonry and steel was used in the construction of the building was in response to a fire that occurred in Sanford in 1887. Originating from a bakery in downtown, many of the surrounding buildings were destroyed because they were constructed out of wood. After the fire, commercial buildings were constructed either with bricks or masonry. The First National Bank remained in the building until 1929. The building has served as a home for several banks since 1938.
Also known as Sanford's first skyscraper, the First National Bank Building was designed by Mowbray & Uffinger of New York. Construction began in 1922 using steel, limestone, brick, and tile. A major reason why masonry and steel was used in the construction of the building was in response to a fire that occurred in Sanford in 1887. Originating from a bakery in downtown, many of the surrounding buildings were destroyed because they were constructed out of wood. After the fire, commercial buildings were constructed either with bricks or masonry. The First National Bank remained in the building until 1929. The building has served as a home for several banks since 1938.
Source
Original newspaper article: "Financiers Plan For Institution: New Sanford Bank May Be Organized." The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1: Oviedo Historical Society, Oviedo, Florida.
Publisher
The Central Florida Press
Date Created
ca. 1930-06-20
Date Copyrighted
1930-06-20
Date Issued
1930-06-20
Is Format Of
Digital reproduction of original newspaper article: "Financiers Plan For Institution: New Sanford Bank May Be Organized." The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1.
Is Part Of
"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.
Format
image/jpg
Extent
116 KB
Medium
1 newspaper article
Language
eng
Type
Text
Coverage
First National Bank No. 2, Sanford, Florida
Accrual Method
Donation
Mediator
History Teacher
Economics Teacher
Provenance
Originally published by The Central Florida Press.
Rights Holder
Copyright to this resource is held by The Central Florida Press and is provided here by RICHES of Central Florida for educational purposes only.
Contributing Project
Curator
Cepero, Laura
Digital Collection
Source Repository
External Reference
Robison, Jim. "1887 Fire Changed Sanford." The Orlando Sentinel, July 26, 1990. http://articles.orlandosentinel.com/1990-07-26/news/9007260395_1_sanford-first-national-bank-brick-building.
Sanford Historic Preservation Board. "The Sanford Historic Preservation Board Presents The Sanford Historic Downtown Walking Tour." City of Sanford, Florida. 2009. http://sanfordhistory.tripod.com/Links/wtour.pdf.
Document Item Type Metadata
Original Format
1 newspaper article
Collection
Citation
“Financiers Plan For Institution: New Sanford Bank May Be Organized,” RICHES, accessed January 22, 2025, https://richesmi.cah.ucf.edu/omeka/items/show/5676.