State National Bank (Fort Worth, TX)

Episode Information

Episode UID
322101186
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
32210 national
Charter Number
3221
Start Date
October 4, 1898
Location
Fort Worth, Texas

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5cb8e2e4c476282f

Response Measures

None

Description

Article 1 refers to a receivership trial for the bank in 1898, indicating a prior failure; Article 2 describes a regional banking holiday in 1907.

Events (4)

1. July 12, 1884 Chartered
Source
historical_nic
2. October 4, 1898 Receivership
Newspaper Excerpt
John H. Smith, receiver, V3. State National Bank et al. is on trial before the judge
Source
newspapers
3. October 28, 1907 Suspension
Cause
Macro News
Cause Details
Regional banking holiday declared across Northern Texas and surrounding territories due to the Panic of 1907 and cash shortages from reserve cities.
Newspaper Excerpt
a consultation of the bankers of Oklahoma, Indian territory, Arkansas and northern Texas... all have taken similar action. The closing is for the purpose of protecting the banks in case of a run.
Source
newspapers
4. March 3, 1914 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Houston Daily Post, October 5, 1898

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Article Text

Liability of Assessment. Fort Worth, Texas, October 4--John H. Smith, receiver, V3. State National Bank et al. is on trial before the judge, a jury having been waived. This action is to determine liability of assessments on stock.


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.