Florida Memory • Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929

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Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929

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Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929

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Source

State Archives of Florida, Series s204

Description

A letter from Malcolm B. Sterrett to Governor Doyle E. Carlton regarding an amendment to Florida's banking laws. Sterrett expresses concerns over the amount of power the state has granted the comptroller and shares rumors regarding the comptroller's conduct. Sterrett also writes about the loss of faith in the banks among depoistors.

Date

1929-03-29

Creator

Sterrett, Malcolm Buchanan (1878-1959)

Format

Letters (correspondence)

General Note

Chapter 11849, Laws of Florida 1927, empowered the comptroller to reopen closed banks with consent of the representatives of 75 percent of the total deposits. Under the act, the comptroller could freeze a percentage of a bank's total deposits. A 1929 amendment of the act stipulated that, in order to use this strategy to reopen banks, the comptroller needed to provide ten days notice by publication to allow time for interested parties to object.

Title

Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929

Subject

Banking law

Banks and banking

Description

Creator

Sterrett, Malcolm Buchanan (1878-1959)

Source

State Archives of Florida, Series s204

Date

1929-03-29

Format

letters (correspondence)

Language

eng-US

Type

text

Identifier

s204_b006_f08_001

Coverage

Depression Era Florida (1926-1939)

Geographic Term

Orlando (Fla.)

Orange County (Fla.)

Tallahassee (Fla.)

Leon County (Fla.)

Thumbnail

/FMP/selected_documents/thumbnails/s204_b006_f08_001.jpg

ImageID

s204_b006_f08_001_001

s204_b006_f08_001_002

topic

Politics and Government

Subject - Corporate

Florida. Governor (1929-1933 : Carlton)

Florida. Comptroller's Office (1917-1933 : Amos)

Subject - Person

Amos, Ernest, 1867-1943.

General Note

Chicago Manual of Style

Sterrett, Malcolm Buchanan (1878-1959). Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929. 1929-03-29. State Archives of Florida, Florida Memory. <https://www.floridamemory.com/items/show/351383>, accessed 16 February 2026.

MLA

Sterrett, Malcolm Buchanan (1878-1959). Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929. 1929-03-29. State Archives of Florida, Florida Memory. Accessed 16 Feb. 2026.<https://www.floridamemory.com/items/show/351383>

AP Style Photo Citation

(State Archives of Florida/Sterrett)

Florida Memory is a digital outreach program providing free online access to select archival records from collections housed in the State Library and Archives of Florida. Florida Memory digitizes materials that illuminate the state's history and culture.

Additional Links

Florida Memory is funded under the provisions of the Library Services and Technology Act from the Institute of Museum and Library Services. Florida's LSTA program is administered by the Department of State's Division of Library and Information Services.

For FY2025-26, the percentage of total costs for the Florida Memory program financed with federal money is 66%; the federal dollar amount to be spent on the program is $1,027,650. This program does not receive any non-governmental funding.

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Letter from Malcolm B. Sterrett to Governor Doyle E. Carlton Regarding An Amendment to Florida's Banking Laws, 1929

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