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Two Marked Safekeeping Receipts for Frank Scott
Collection
The Safekeeping Receipt Collection
Format
Two original paper receipts
Date
1934-01 - 1934-02
People
Frank Scott
Michael Gladden Jr.; Michael Gladden
Location
Apopka, Florida, United States of America.
Historical Background
Two receipts marked for the safekeeping account of Ms. Dora Davis by Michael Gladden Jr.
On the left receipt, Frank Scott withdrew 50 cents from his existing safekeeping account, which totaled $6.50, bringing his account to $20.00 as of February 6th, 1934. Michael Gladden Jr. indicated that his account was closed on the same date.
On the right receipt, Frank Scott deposited $4.00 into his existing safekeeping account of $5.00, bringing his account to $9.00 as of January 29th, 1934.
At a time when Black Americans distrusted banks due to racial discrimination and the dawn of the Great Depression (1929-1939), Michael Gladden Jr. stepped up to become the community's safekeeper and banker. Mr. Gladden securely stored these special store receipts in one of three vaults in his storefront, M. Gladden Staple and Fancy Groceries. The earliest evidence of Michael Gladden's monetary safekeeping dates to 1931, when Apopka started to feel the effects of the Depression in full force.
