First National Bank (Lockhart, TX)

Episode Information

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

Metadata

Events (4)

1. May 10, 1889 Chartered
Source
historical_nic
2. August 28, 1893 Reopening
Newspaper Excerpt
The First National Bank of Lockhart, Tex. ... 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
Temporarily suspended during the late stringency/panic affecting many national banks in 1893.
Newspaper Excerpt
national banks, which recently suspended payment, having complied with the conditions imposed by the controller of the currency
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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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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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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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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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 Globe-Republican, September 8, 1893

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NATIONAL BANKS RESUME

Comptroller Eckels Furnishes Quite a Long List. WASHINGTON, Aug. 31.-Comptroller 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.; capitalstock. $25,000. 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, Kendalisville, 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.; $230,000. 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, Hutchinson, Kan: $100,000. People's national bank, Denver, Col.; ยฃ600,000. First national bank, Anthony, Kan: $50,000. Greeley national bank, Greelev, Col.: $50,000. Farmers' national bank, Henrietta, Tex.; $50,000. State national bank, Vernon. Tex: $100,000. Fourth national bank. Louisville, Ky.; 8300,000. First national bank. The Dalles, Ore: $50,000. Waupaca County national bank, Waupaca, Wis: $50,000. Waxahachie national bank, Waxahachie, 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, $6,030,000. Since January 1 last 154 national banks have suspended. Of this number, one has gone into voluntary liquidation, fifty-seven have been placed in the hands of receivers, sixty-two are in the hands of bank examiners with excellent prospects of early resumption, in addition to the thirty-four above named which have already resumed business.