18420. First National Bank (Lockhart, TX)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
4030
Charter Number
4030
Start Date
August 28, 1893
Location
Lockhart, Texas (29.885, -97.670)

Metadata

Model
gpt-5-mini
Short Digest
1d97a4b3511a6d90

Response Measures

None

Description

Multiple contemporaneous newspapers report the First National Bank of Lockhart, Tex., had recently suspended payment during the 1893 stringency and was permitted by the Controller of the Currency to reopen on Aug. 28, 1893 after complying with conditions. No article describes a depositor run on this specific bank; the suspension appears to be part of the wider late-1893 stringency (systemic).

Events (4)

1. May 10, 1889 Chartered
Source
historical_nic
2. August 28, 1893 Reopening
Newspaper Excerpt
have today been permitted to reopen their doors for business: ... The First National Bank of Lockhart, Tex.
Source
newspapers
3. February 20, 1934 Voluntary Liquidation
Source
historical_nic
4. * Suspension
Cause
Macro News
Cause Details
Suspended payment during the late 1893 stringency/financial panic; part of widespread temporary suspensions among national banks.
Newspaper Excerpt
recently suspended payment ... during the late stringency
Source
newspapers

Newspaper Articles (10)

Article from Evening Star, August 28, 1893

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Article Text

Three More Banks Resume. The following national banks, which recently suspended payment, having complied with the conditions imposed by the controller of the currency, and their capital being unimpaired, have today been permitted to reopen their doors for business: The State National Bank of Vernon, Tex. The First National Bank of San Marcos, Texas. The First National Bank of Lockhart, Tex.


Article from Evening Star, August 29, 1893

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Article Text

BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from Richmond Dispatch, August 29, 1893

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Article Text

More Banks Resume. (By telegraph to the Dispatch.) Washington,D. C., Aug. 28.-The following national banks, which recently suspended payment, having comcontroller of the currency, and their capital being unimpaired, have to-day been permitted to reopen their doors for business: The State National Bank of Vernon, TeX; The First National Bank of San Marcos, TeXas: The First National Bank of Lockhart, TeX.


Article from Pawtucket Tribune, August 29, 1893

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Article Text

Texas Banks to Reopen. WASHINGTON, Aug 29.-The following national banks, which recently suspended payment, their capital being unimpaired, have been permitted to resume business: The First National bank of Vernon, Tex.; the First National bank of San Marcos, Tex., the First National rank of Lockhart, Tex.


Article from New-York Tribune, August 29, 1893

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Article Text

AFFAIRS OF WESTERN NATIONAL BANKS. Washington, Aug. 28.-The following National banks which recently suspended payment, having complied with the conditions imposed by the Controller of the Currency, and their capital being unimpaired, were to-day permitted to reopen their doors for business: The First National Bank of Vernon, Tex.: the First National Bank of San Marcos, Tex., and the First National Bank of Lockhart. Tex. Controller Eckels has appointed Stewart Rice receiver of the Washington National Hank of Tacoma. Wash. The First National Bank of York, Neb., suspended to-day.


Article from St. Paul Daily Globe, August 29, 1893

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Article Text

Banks to Reopen. WASHINGTON, Aug. 28.-The follow. ing named banks, which recently suspended payment, have been permitted to reopen their doors for business: The State National Bank of Vernon, Tex.; the First National bank of San Maricos, Tex.: the First National Bank of Lockhart, Tex.


Article from The Providence News, August 29, 1893

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Article Text

To Start Up Again. WASHINGTON, Aug. 29.-The following national banks, which recently suspended payment, their capital being unimpaired, have been permitted to resume business: The First National bank of Vernon, Tex.; the First National bank of San Marcos, Tex.; the First National bank of Lockhart, Tex.


Article from Daily Kennebec Journal, August 30, 1893

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Article Text

Texas Banks to Reopen. W ASHINGTION, Aug. 20.-The following national banks, which recently suspended payment, their capital being unimpaired, have been permitted to resume business: The First National bank of Vernon, Tex: the First National bank of San Marcos, Tex., the First National bank of Lockbart, Tex.


Article from The Times, September 3, 1893

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Article Text

BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from The Marietta Journal, September 7, 1893

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Article Text

BANKS WHICH HAVE RESUMED. A Statement from Controller Eckels Showing Their Present Capital Stock. WASHINGTON, Aug. 28th.-Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Blank Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Washington, $250,000 ; First National Bank, Palouse City, Washington, $75,000; Southern California National Rank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $800,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Tex., $50,000, American National Bank, Leadville, Col.; $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000. First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, Col., $500,000; Hutchinson National Bank, Hurchinson, Kan., $100,000; People's National Bank, Denver, Col., $600,000; First-National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Texas, $50,000; State National Bank, Vernon, Texas, $100,000; Fourth National Bank, Louisville, Ky., $300,000; First National Bank, The Dalles, Oregon, $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachie National Bank, Waxahachie, Texas, $100,000; Citizens' National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Texas, $80,000; First National Bank, Lockhart, Texas, $50,000; total, $6,030,000. Since Jan. 1 last 145 national banks have suspended. Of this number 1 has gone into voluntary liquidation, 57 have been placed in the hands of receivers, and 62 are in the hands of national bank examiners, with excellent prospects of early resumption, in addition to the 34 aboved named, which have already resumed business.