18510. Citizens National Bank (Waco, TX)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
3135
Charter Number
3135
Start Date
April 25, 1884
Location
Waco, Texas (31.549, -97.147)

Metadata

Model
gpt-5-mini
Short Digest
425a1c58976330ca

Response Measures

None

Description

Articles span two separate incidents separated by decades. The 1884 article notes the Citizens' National Bank safe had been sealed and was opened by an expert (other event). The 1933 article describes the bank being part of the statewide/national moratorium and preparations to reopen after the banking holiday; no explicit depositor run on this bank is described. Thus the episode classification focuses on the 1933 suspension (government-ordered moratorium) and subsequent reopening.

Events (4)

1. March 7, 1884 Chartered
Source
historical_nic
2. April 25, 1884 Other
Newspaper Excerpt
An expert of the Hall Safe company, of St. Louis, arrived to-day and unlocked the safe of the Citizens' National bank, which had been sealed close since last Saturday. All funds and valuables were found intact, and the expert says there is no evidence of tampering with the locks.
Source
newspapers
3. March 12, 1933 Suspension
Cause
Government Action
Cause Details
Part of the March 1933 bank moratorium/clearings-house-organized temporary closings and required federal reporting and restrictions on gold; banks were closed under the banking holiday and then prepared to reopen under federal/state orders.
Newspaper Excerpt
Preparing Statements... Statements relative to the bank openings proceeded Saturday from C. B. Schuler, vice president of the Citizens National bank... named by the Clearing House Saturday morning to attend these matters
Source
newspapers
4. March 13, 1933 Reopening
Newspaper Excerpt
Bankers Prepared To Handle a Rush... Doors Are Thrown Open... banks Monday March 13 the last for the report... list of clearing cities which to reopen Tuesday as treasury tonight included ... (Waco banks preparing to reopen).
Source
newspapers

Newspaper Articles (2)

Article from The Dallas Daily Herald, April 26, 1884

Click image to open full size in new tab

Article Text

Johnston, president of the Texas Veteran R association, in the 87th year of his ago. died near the City of Mexico, where be had in the hope of recovering his health. General gone Lane will take immediate steps have the remains brought back to Texas and have them interred in the state cometery at Austin, with appropriate honors. A. Allen, the slayer of Pottain, was brought over from Jefferson and consigned to our jail for safe keeping. Major William Steadman has been solic. ited and will probably submit to having bisname placed before the convention as # candidate for district judge. GAINESVILLE. GAINESVILLE. A pril .[[Special.]-Mabe Norton played "Rosedale' last night to large house. She gives benefit to-morrow night, half of the net proceeds to go towards purchasing a town clock, of which this town is in great need. The v-pressed brick company will fire its first kila Monday, containing 150,000 brick. A burglar entered the residence of Dr. Watson in the absence of the doctor, but was frightened way by the screams of Mrs. Watson. C.L. Potter. a prominent attorney of this the place, is in Washington advocating claims of our city for the Federal court. Charley Powell. who is charged with the assasiination of Lige Hudson, gave bond in the sum of to-day and was released. Telegraphic rates were reduced to-day. A ad wo now send ten words for 25 cents. greater reduction is expected. HOWE. HOWE, April 25, [Special. Clark & Brothers' Calloon and Show company meda our town all yesterday. They gave two entertainments, one in the alternoon and one in the evenin The recent cold spell has done but little if damage to the growing crops. The spirit of improvement is still in our little town. Several new houses have been hiffit in the past few weeks, besides two limmer yards Two of our citizens had a difficulty yes. terday and were preparing to settle the matter in: hostile manner, but were prevented by some of the lookers on. No one hurt. Farmers are busy with their crops since the fine weather began. large acreage of osta and corn has been planted this spring, but hardly any cotton. LONGVIEW. LONGVIEW, April Cocke to-day arKüllingsworth and Depu rested George Hamuel. colored. who is wanted in San Augustine county for murder committed last epring He will be taken down the road to-night PraebyterWe are o have Cumber ian church festival to-morrow Some excitement was created to-day by Marchal Booth abasing a darkev. 'Squire Potter, who had a pistol on his person. The darkey escaped. Romers are current of the intention of the republicans to run A full ticket in the county this fall With the greenbackers to help them they can carry the county. WACO. WACD, April 25.- [Special. busia ness men of this city to-day subscribed bonus guarantee to the Telephone company to extend its wires from Waco westward via McGregor to Temple and on the line of the Santa Fe railroad. This raises the list of towns on the Waco telephonic circuittothirty.one,covering a territory of several hundred miles. An expert of the Hall Safe company. of St. Loais, arrived to-day and unlocked the sale of the Citizens' National bank, which had been sealed close since last Saturday. All funds and valuables were found intact. and the expert says there is no evidence of tampering with the locks. TYLER. TYLES, phenson, of the vicinity of Troupe, for. feited a bond of $100 to appear here to day to answer the preliminary charge of theft of a horse and male. Dr. W. A. Welborn, of Honey Grove, was day unanimously elected snperintendent of city public schools for the ensuing sebolastic year. beginning September 1st. Terchers for the same term will be examined and elected the last Friday in May. Edmond Grant, of the Red Springs neighborhood, was jailed to-day in de. fault of $100 bond to answer the charge of arson. CLEBURNE. CLEBURNE April 25.--[Special.]-This being the 25th, the flabarne Light Guards were out on rees parado and made a very creditable appearance. They were 80 unfortunate as to lose all of their guns in the fire of the 19th, but had arms within fortyeight hours Afterwards. The boys leave for Houston on the 5th of May, and Cleburnemay expect herself well represented at the interstate drill The first picnic of the season takes place to-morrow on Nolan. Rev. A. G. Pearson, the boy preacher. will begin series of meetings at the Cumberland Presbyterian church, of this city, Sabbath, to continue two weeks. SAN ANTONIO. SAN ANTONIO, April 25.-[Special.]-A dispatch from Eagle Pass says: Emil Cahn has just returned from a trip to Mexico and says that at Cardinas, near San Buenarenturr, a wild, thinly settled pastoral region, a band of twelve Kickapoo warriors raided the neighborhood of several ranches, burned some jackals, drove off what stock they could secure and murdered two Mexican sheep-herders who were tending their flocks, but offered no resistA ance when discovered by the savagas. large posse of citizens was at once organized and started in pursuit, but up to the present writing no further details have been received. ... The Memphis Meet. MEMPHIS. April 25.-The second day's spring meeting of the Memphis Jockey club was everything that could be desired as regards weather. The track was in splendid condition, and the attendance showed a large increase over yesterday, numbering 3,000. First Race-Milbarn stakes, all ages, one mile: Princess, the favorite. won; ManiRailev toba, second; Ferg Kyle, third. Time-


Article from Waco Tribune-Herald, March 12, 1933

Click image to open full size in new tab

Article Text

Bankers Prepared To Handle a Rush Extra Forces Gathered for Duty in the Waco Banks Doors Are Thrown Open CONTINUED FROM PAGE ONE however, want to bothered by sightseers and those are imand they also by customers have that urge that can be off few days, off. that customers refrain from calling up the banks on telephone to out what their balthe reply can be point out, the ledgers the of the and are issued checks the 12 they may ing before midnight per haps the following More Checks Than Usual the number of checks one bank somebig run as many and checks than usual more have been written every day during the moratorium, merchants the as amount whereexact ordinarily people and spend the some instead writing another change check. only restrictions on the national banks functions when they that cannot pay make any unusual foreign and deals withdrawals cash for not hoarding If attempted withdrawal an sum lead the banks that the plans heard in safe box withdraw from circulation the bankers the the purpose for which withdrawa made and this affadavit that not for the money will be paid Ordinary dently not hoarding usual will not purposes, The banks warned Saturday that these strictly quired and they pointed that making further hamper the they ask funds for such purposes Checking Up on Gold The Waco banks receipt Saturday from federal bank orders to report the eral reserve March the all gold certificates from banks by replaced the banks penalty for failure to replace the the hoarded and fine the amount of the gold leads the bankers to believe that considerable such will be replaced the banks Monday March 13 the last for withthe report of How much gold hoarded in this the banks said they could estimate They said withdraw. and large for withdrawal have been refused. Persons want information about the bank opening want information are asked to telephone officers of the banks, instead coming and adding to the crowds in the lobbies Preparing Statements Statements relative to the bank openings proceeded Saturday from C. B. Schuler, vice president of the Citizens National bank, and Karl Sherman, cashier of the First National bank, named by the Clearing House Saturday morning to attend these matters These two offi. cials also expressed the thanks of the Waco banks the public for the cooperation the public during the moratorium, pointing out that business, although conducted under difficulties, was nevertheof excitement they that the public conthis the chanical difficulties in the resumption banking life are The bankers serted that with such they can get the rush of necessary business out of the way and can proceed in more Merchants for days had been accepting checks signed cept the relatively few instances where cash was had about reached the end their rope the bankers believed. they thankful the channels regular money opened Many of them had accumulated great the banks had been allowed to vault on memorandum not on deposit in any sense. was ficult for the merchants put this by they have been doing Probably payroll cash was released by banks permitted under the and large tent relieved the imminent stagna due the wage ers buy The First bank Citizens National National City bank and State bank expect to the latter whatever striction imposed by the state If Shaw's withdrawal to five per cent continued the State bank that will not apply to the national banks TEXAS CITIES WHERE BANKS ON TUESDAY March list of clearing cities which to reopen Tuesday as treasury tonight included Worth Wichita Falls Port Arthur Abilene Corsicana In opening the new powered station Athlone President de Valera of the Irish State in Irish and English on the history of Ireland.