Clear & present danger.The sisters of Holy Name Monastery Holy Name Monastery is Benedictine convent located in Saint Leo, Florida, United States. History In 1889 five sisters founded Holy Name Convent and Academy in response to a need for teachers for children of immigrants in the San Antonio and Saint Leo area. in St. Leo, Florida St. Leo is a town in Pasco County, Florida, United States. The population was 595 at the 2000 census. As of 2006, the population recorded by the U.S. Census Bureau is 1,249 [1]. , suspected something was wrong when their checks started bouncing last November. Twenty-two checks came back marked RETURN TO MAKER, which has a certain theological ring to it. Deeper worry set in once the sisters realized their bank account wasn't accepting deposits either. Unaccustomed to such financial hiccups Hiccups Definition Hiccups are the result of an involuntary, spasmodic contraction of the diaphragm followed by the closing of the throat. Description , the sisters immediately asked the bank for an explanation, and were told that their account was frozen by mandate of the Patriot Act. Apparently, once bank officials realized they were missing the Social Security number and photo I.D. of a signatory on the account, an eighty-year-old sister, they felt compelled by the law to put the monastery's finances on lockdown Lockdown A specified period when an employee of a public company is barred from selling - and occasionally buying - their company's stock. Notes: These types of equity transaction restrictions can be imposed by securities regulators or underwriting firms if a company has . Never mind that none of the other sisters had ever been asked to put such information on file. "We've been in business 116 years," Sr. Jean Abbot told the Tampa Tribune, "no one's ever asked us." |
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