First National Bank (Greenville, TX)

View Charter #2998 on SPMC View balance sheet

Episode Information

Episode UID
299801003
Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
29980 national
Charter Number
2998
Start Date
July 9, 1883
Location
Greenville, Texas

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d828b67b3f6288af

Response Measures

None

Receivership Details

Depositor recovery rate
61.3%
Date receivership started
1928-01-11
Date receivership terminated
1933-01-11
OCC cause of failure
Losses

Description

Articles 1 and 2 confirm the bank's charter in 1883. Article 3 describes a regional banking holiday in Northern Texas in October 1907, which would have applied to this bank.

Events (5)
1. July 9, 1883 Chartered
Source
historical_nic
2. July 9, 1883 Other
Newspaper Excerpt
The acting comptroller of the currency has authorized the following banks to begin business: ... the First National bank of Greenville, Texas
Source
newspapers
3. October 28, 1907 Suspension
Cause
Government Action
Cause Details
Regional banking holiday declared by bankers in Northern Texas to protect against runs during the Panic of 1907.
Newspaper Excerpt
a consultation of the bankers of Oklahoma, Indian territory, Arkansas and northern Texas by means of the telephone took place during the early hours today, and all have taken similar action.
Source
newspapers
4. January 11, 1928 Receivership
Source
historical_nic
5. * Reopening
Source
newspapers

Newspaper Articles (3)
1. July 10, 1883 New-York Tribune New York, NY
Article from New-York Tribune, July 10, 1883

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Article Text

WASHINGTON NOTES. WASHINGTON, Monday, July 9, 1883. APPOINTED POSTMASTER.-The President to-day aprointed Charles K. Coutant postmaster at Omaha, Neb., vice Thomas F. Hall, suspended for inefficiency. CONTRACTS AWARDED.-Tue contract for screen and hand rail for the Post Office at Albany, N. Y., has been awarded to Tuomas Stevens at bis bid of $4,295, and the contract for furring and lathing at the Custom House, Cincipuati, to Hough, Ketcham & Co. at their bid of $22,000. NEW NATIONAL BANKS.-The Acting Controller of the Treasury has authorized the following banks to Begin business: The Owego National Bank, of Owego, N. Y., capital $50,000; the National Bank of El Pase. III, capitsl $50,000, and the First National Bank of Greenville, Tex, capital $50,000. DECISION IN A PATENT CASE.--In the patent case of Wilmington against Barr, involving the question of priority of invention for a car-wheel chill, the Secretary of the Interior to-day decided in favor of Winnington, thereby dismissing Barr's appeal from the decision of the Commissioner of Patents.

2. July 10, 1883 National Republican Washington, DC
Article from National Republican, July 10, 1883

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Article Text

DEPARTMENT DOTS. The national bank notos received for redemption yesterday amount to $311,000. The receipts from internal revenue yesterday were $723,583, and from customs $844,242. The President yesterday appointed Charles K. Contarel postmaster at Omaha, Neb., vice Thomas L. Hall, suspended or inefficiency. The issue of standard silver dollars from the mints for the week ended July 7 was $283,500. The issue for the corresponding period of last year was $331,423. Mr. Walter Evans, commissioner of internal revenue, who has been spending a few days in New York city, has returned to this city. Deputy Commissioner Rogers has gone to Niantic, Conn., for a few weeks. The acting comptroller of the currency has authorized the following banks to begin business: The Owego National bank, of Owego, N. ¥., capital $50,000; the National bank of El Paso, III., capital $50,000; and the First National bank of Greenville, Texas, capital $50,000.

3. October 28, 1907 The Laramie Republican Laramie, WY
Article from The Laramie Republican, October 28, 1907

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Article Text

Oklahoma Banks Close for Week. Oklahoma City, Okla., Oct. 28.-Acting Governor Filson today issued a proclamation closing the banks of the territory for one week, on demand of the bankers. This action was taken because the banks at Kansas City and St. Louis refused to forward cash to the banks of the southwest. Concerted Action Taken. It is said that a consultation of the bankers of Oklahoma, Indian territory, Arkansas and northern Texas by means of the telephone took place during the early hours today, and all have taken similar action. The closing is for the purpose of protecting the banks in case of a run.