21262. Maverick bank (San Antonio, TX)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
October 2, 1894
Location
San Antonio, Texas (29.424, -98.494)

Metadata

Model
gpt-5-mini
Short Digest
6726c062

Response Measures

Full suspension

Description

Multiple newspaper items from Oct–Nov 1894 report runs/large withdrawals from the Maverick bank around election pay-day and political activity. No article explicitly states the bank suspended or was closed in these pieces (a 1895 item calls it 'busted' and mentions partial payments, but does not document a formal suspension in the provided articles). Classified as run_only.

Events (2)

1. October 2, 1894 Run
Cause
Rumor Or Misinformation
Cause Details
Reports/rumor that 'a barrel was on tap' at the bank prompted steady withdrawals (likely political gossip/rumor).
Measures
Depositors withdrew funds; anecdotal advice to take out deposits. No formal bank remedial measures described.
Newspaper Excerpt
There is reported a steady run on the Maverick bank building, ever since it got out that a barrel was on tap there. Our advice is, go in boys and get your wad, otherwise it might disappear.
Source
newspapers
2. November 5, 1894 Run
Cause Details
Large withdrawals tied to election 'pay day' — voters drawing advance payments; politically driven withdrawals rather than a described solvency crisis.
Measures
Bank paid out advance payments to many depositors; withdrawals noted but no formal measures reported.
Newspaper Excerpt
Pay Day Yesterday. There was a considerable run on the old Maverick bank building yesterday, and more than a 100 voters drew advance payments, a couple of lawyers acting as paymasters.
Source
newspapers

Newspaper Articles (4)

Article from San Antonio Daily Light, October 2, 1894

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Article Text

CAMPAIGN NUTS. The Pops have popped. Is Gus. Houston a member of the Cobden club? It costs $2,500 to get Gus' name on the Big six ticket. Has the Republican Executive committee been spiked again? It was the undertakers' "treat" last evening. Dr. Amos Graves has been nominated physician and surgeon to the Big Six. If John Stevens would only come out and serve the people, the other fellow would have the backache. The Citizens' committee should re-charge their guns with better ammunition. The scheme to elect one of the Big 3 mayor by the combine in February will not win. A prominent Pop. says in a few days you will hear something drop,--a drop in the bucket, eh ! Houston's supporters are as scarce as hen's teeth; we ought to employ a dentist to get some for him. The Weekly LIGHT is the best campaign document you can send to the voters in the Twelfth District. All the lawyers at the bar are not followers of Gus Houstonsome of them are with the people in this fight. August Santleben could be elected if he will run. His kidneys are strong enough to dampen the other fellah down. A sassafras-conflicted Houstonite came near getting the toe of a Noonanite boot for yelping for Houston. He dried up quick. The Noonanite is one of the sufferers from the Maverick bank failure. Keep cool, boys. Gus Houston's campaign jokes have reminded the people in the west of how to tell the age of a cow -they count the wrinkles on the horns and find them dating back befo de wah. Gus still hops on the colored brother on the black and tan ticket. Gus will have to pay high for the article this time if he expects to get any of it. The Big Six now send their family doctor out to interview all prospective candidates, to inform them that a political race would likely affect their kidneys. Herron is the tallest bird in the justice of the peace race, Sulzbacher is the shortest, Anton Adam is the prettiest, Griff Jones the fattest, Net. Devine comes in betwixt and between,--two to one on "shorty." Mr. A. Lewey signs the call to getup a Houston Democratic club after being fired by the state Democratic chairman. Judge Noonan's friends will all be glad to greet him home again. He has taken to the campaign like an old veteran, and feels fresh and vigorous. There is reported a steady run on the Maverick bank building, ever since it got out that a barrel was on tap there. Our advice is, go in boys and get your wad, otherwise it might disappear. The voters out west have good taste-they don't like Gus on account of his looks-his picture in the St. Louis Globe-Democrat resembles Dr. Von Koering, fine beard, &c. Buy the Globe-Democrat and send it out to them. The Galveston News calls the sugar planters of Louisiana hogs because they left the Democratic party. Get up a name for the sheep men and cattle men of the 19th district


Article from San Antonio Daily Light, November 6, 1894

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Article Text

Pay Day Yesterday. There wasa considerable run on the old Maverick bank building yesterday, and more than a 100 voters drew advance payments, a couple of lawyers acting as paymasters. The largest portion of the applicants slid the stuff down in their pockets. but quietly put their votes for Judge Noonan today.


Article from San Antonio Daily Light, November 9, 1894

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Article Text

SHORT SNAPPERS. The victors are all smiles, the defeated look sad. Its a pity we must go through another struggle for pie in February, 1895. The Pops cut a sorry figure in Bexar county, running against the Big Six. The Big Six can now rub it into the people by taking charge of the city government. Frank Umscheid was offered up as a scape goat by the Big Six, but they hugged Joe Dwyer to their bosom. If it had not been for Houston's bargain with the "big 6" he would not have received 1,000 votes in the city. The Democrats will soon be banished from the pie counter, whereupon there will be weeping, wailing and gnashing of teeth. At any cost, the city government must be kept out of the hands of the court house gang. Do the people catch on? Mr. Ben Kiolbassa says he will demand a recount of No. 12. He knows the other side did not want him as commissioner and says they had their reasons. On Monday, before the election, there was a run on the Maverick bank building; over one hundred "colored Gemmen" went up stairs to draw their deposits. The Mills tariff bill defeated Cleveland in 1888, and the Wilson tariff has just consigned the Democratic party to nonentity for twenty-five years to come. Cleveland has perhaps had some of his self conceit and mulishness knocked out of him by the overwhelming popular repudiation of himself and his Cobdenism. The coming municipal election will present an excellent opportunity for dealing a death blow to trading and intriguing politicians. The city must not pass under the control of the county ring. Bexar county seems to be in love with the office holder's trust, as it has voted it a new lease of power. When men are resolved to be dupes and slaves, they are proof against reason and argument. How long will the intelligent patriotic portion of our population tamely submit to the controlling influence of boodle in our election and to the rule of those who auction off their votes. The court house and Soledad street are not as crowded as they were when the henchmen of the Big Six were in attendance, to draw their pensions, or sell their votes. When you see a man brimming over with self-conceit and arrogance, you may safely classify him as an ass that has strayed off from his owner, and is braying to let the people know he is lost. The man who is always growling, is an undesirable companion and a poor citizen. He would growl if he was in the "New Jerusalem," where perfect happiness reigns, and where there is neither sorrow nor tears. The Express says, the program is to make Callaghan mayor, and then to make Joe Dwyer county judge; but the people will snow under Callaghan to avert the affliction of having bovine Joe Dwyer made county judge. The cynic is an ill natured, ill tempered, sour faced, morose, unfeeling fellow, who imagines himself to be incomparably superior to all the rest of the world, while in reality, he 18 only bloated with vanity and self conceit. How some of the men on the Big Six ticket can take the oath required by the law, about not using money to procure themselves to be elected, is puzzling the people. Perhaps they consider perjury a mere venial fault. The office holders' trust of Bexar will be throttled and hamstrung in 1896, and it might as well read the in box car


Article from San Antonio Daily Light, October 27, 1895

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Article Text

# SHORT SNAPPERS. San Antonio is singing, "Come, Katy, Come." The Corbett and Fitzsimmons mills are only jawbone crushers. The taxpayer is pining for more business and less politics. Read the LIGHT and keep up with the latest news. The fake advertiser is now working the town. Disgusted democrats are becoming more numerous daily. A deceptive advertiser cannot fool the customer all the time. If you want to reach the buyer advertise in the Daily LIGHT. Who proposed the $50,000 bond scheme? Don't all answer at once. Fifty thousand dollars in bonds wouldn't fill up the mud holes in a half dozen streets. The officials will now take a turn at the regular fall skinning of the sports. Let's finish the sewers before voting any more bonds for street work. The world must be growing better, since even Hot Springs is considered too good for a prize fight. Several of our local office holders have engaged passage on steamer Salt River. It is said ex-President Harrison is now thinking through his grandfather's hat. Charley Culberson struck Dallas a foul blow in his tussle with the prize fighters. The little afternoon paper keeps the morning monopoly from going to sleep. Don't condemn advertising because you permit yourself to be humbugged. One conviction is worth a dozen indictments in preserving law and order. Cutting rates on any article below the point of legitimate profit is not beneficial in the long run. The police at the Opera house should insist on better order in the gallery. When the sinecure place holders talk about each other the people begin to find a "leedle bit oud." The chicken show should be held in the heart of the city. Central garden would be a good location. Charlie has gone over to the "black and tans." Charlie thinks he smells pie. The city council has invented a receipt. It is supposed to be a thief catcher. It is a good thing that there is an honest man at each end of the city red tape tax receipt. It is a poor thing to divide the responsibility of the city collector with another officer. Since the combine the price of electric lights in this city are gradually being raised to the top notch again. The $50,000 bond scheme is dead but Alderman Robards put off the funeral until next meeting of the council. Not an alderman at the last meeting said a word about pay day. Maybe they have forgotten it, the subject is getting stale. Last Sunday's Express showed signs of improvement. Aunt Ruth actually crowded out several columns of boiler plate. It would require more than a column daily to publish all the complaints about the electric lights in this city. Municipal ownership of waterworks, electric light plants, and even street car lines, is destined to become universal. Another ten per cent payment by the busted Maverick bank is long since due. Is it not time this concern was closed out? Bexar county politicians are now calculating how to fill the "barl" they expect to have on tap at the next election. Our farmers would find it profitable to howl more about hogs and hominy, and home manufactories, and less on free silver. Insurance rates in San Antonio are too high, considering that we claim to have the best fire department in Texas. It's a smart butcher who can kill a half beef a day and sell two whole ones. Yet there are said to be some of them in San Antonio. The people have little confidence