Newspaper articles (Mar 3, 1933) report banks in Houston, including First National Bank, closed under the Texas five-day moratorium proclaimed by the governor. There is no mention of a depositor run or permanent receivership in the provided excerpts; the moratorium implies a temporary suspension (government action).
Events (3)
1.March 22, 1866Chartered
Source
historical_nic
2.March 3, 1933Suspension
Cause
Government Action
Cause Details
State governor declared a five-day moratorium/bank holiday effective March 3, 1933, causing banks including First National to close.
Newspaper Excerpt
In obedience to the proclamation of the Governor of Texas declaring five-day moratorium, effective Friday, March 3, 1933, the undersigned banks of Houston will not be open for the transaction of any kind of business prior the of March morning
Source
newspapers
3.June 21, 1933Voluntary Liquidation
Source
historical_nic
Newspaper Articles (2)
1.March 3, 1933The Houston ChronicleHouston, TX
Click image to open full size in new tab
Article Text
(Continued from tried the Federal Reserve Bank checks, Officers employes of Houston's banking institutions went usual Friday were "standing by" waiting further orders. The only employes working in language. this moratorium banks' fault. the First National the officers into at a.m. The stood around talked most of them was their experience. buy some puzzles work them during the day," assistant cashier said. Merchants Take Checks. Retail Merchants Associastatement that all members the association would accept personal checks for provided customer was good standing with the company. and provided no
2.March 3, 1933The Houston ChronicleHouston, TX
Click image to open full size in new tab
Article Text
BANKS TO
First National Bank State National Bank South Texas Commercial National City Bank Trust Company Bank Jacinto Trust Company
In obedience to the proclamation of the Governor of Texas declaring five-day moratorium, effective Friday, March 3, 1933, the undersigned banks of Houston will not be open for the transaction of any kind of business prior the of March morning unless some change is made in the governor's proclamation meanwhile. Houston National Bank Houston Land Company Union National Bank Harrisburg National Bank Second National Citizens State Bank National Bank of Commerce Guardian Trust Company
