Herring National Bank

Episode Information

Episode UID: 701001294
Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 70100 national
Charter Number: 7010
Start Date: October 28, 1907
Location: Vernon, Texas

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 4595e17e55bcd189

Response Measures

None

Description

Article describes a coordinated one-week closing covering northern Texas; Herring National Bank likely subject but not named explicitly.

Events (2)

1. October 19, 1903 Chartered

Source: historical_nic

2. October 28, 1907 Suspension

Cause: Government Action
Cause Details: Acting Governor issued proclamation closing banks for one week after correspondent banks in Kansas City and St. Louis refused to forward cash to southwest banks
Newspaper Excerpt: Acting Governor Filson today issued a proclamation closing the banks of the territory for one week
Source: newspapers

Newspaper Articles (1)

1. October 28, 1907 The Laramie Republican Laramie, WY

Article from The Laramie Republican, October 28, 1907

Click image to open full size in new tab

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.