First National Bank - Seymour, TX

Episode Information

Episode UID: 426301117
Episode Type: Run Only
Bank Type: national
Bank ID: 42630 national
Charter Number: 4263
Start Date: January 1, 1893*
Location: Seymour, Texas (33.594, -99.260)

Metadata

Model: gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 7b16ff1de0bbdd2e

Response Measures

None

Other: The article mentions that the bank president 'successfully stemmed the tide of a severe financial panic' and saved the bank from ruin, but does not specify the exact mechanical measures used beyond his leadership and identification with the institution.

Description

The article describes a historical event from 1893 where the bank president successfully managed a run during a national panic.

Events (2)

1. March 18, 1890 Chartered

Source: historical_nic

2. January 1, 1893* Run

Cause: Macro News
Cause Details: The Panic of 1893, a severe financial panic sweeping over the country.
Measures: The bank president (H. P. Branham) successfully stemmed the tide of the panic.
Newspaper Excerpt: he successfully stemmed the tide of a severe financial panic then sweeping over the country-that of 1893-and saved his bank from possible ruin
Source: newspapers

Newspaper Articles (1)

1. December 22, 1910 Oxford Eagle Oxford, MS

Article from Oxford Eagle, December 22, 1910

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Article Text

Casualty Co. Baylor County, (Tex.,) Banner. "Hon H. P. Branham returned Sunday from Fort Worth where he had been the past Week attend ing the organization of the Commonwealth Bonding and Casualty I Co., of that city and in consultation with other officers of the on company relative to beginning f business sometime in January, t The Commonwealth Bonding and Casualty Co., has a capital and f surplus of $800,000, and will be closely affiliated with the Bankd er's TrustCc., also of Fort Worth t The combined capital and surplus i of the two companies is $1,200,000 w Mr. Branham was elected vicet president and treasurer of the d Commonwealth. He will move to Fort Worth Jan. 1st, where his family will join him as soon as arrangements can be made for lo their leaving St. Louis. He tells P us that the company he is with has bright prospects for a great future, and that he expects to give it the remaining years 01 his 1 life. Among its stockholders are over 60 bankers, many of whom M are officers and directors of the company. "Of course the selection of Mr. Branham as vice-president and be treasurer of the institution is very C gratifying to his friends here, a but it is also a matter of common R regret in smuch as it removes ti from our town a financier and citi P zen whom can ill afford to lose Mr. Branham came to Seymour during a critical period in its financial history and identified a himself with the First National bi Bank, taking over the interest of a Col. A. M. Britton. Later as a) president of this institution, and while other banks around us were in a state of demoralization, he successfully stemmed the tide of a severe financial panic then C sweeping over the country-that of 1893-and saved his bank from st th possible ruin. A few years ago de disposed of his interest in the 1 First National and alterwardsorganized the Farmers National for V Bank of this city, also the First National Bank of Benjamin, an I for as president of each 4.23 placed F both institutions on sure tooting. His operations in the banking business in this country covering a period of about 20 years has been a series of financial succes. in ses. He is also a gentleman of W exalted character-warm hearted m high-minded and public spirited I -and it is only natural that SeyE mour forfeits his citizenship with P regret. The Banner bespeaks ti for him in his new field that suce cess to which his eminent ability o as a banker and financier entitles him, but we part with him under protest." 0 We take pleasure in giving our unqualified endorsement and high appreciation of the article we reproduce from the Seymour, (Tex) Bunner, in reference to our former fellow-townsman and friend, Hon. H. P. Branham. Mr Branham has friends through out Mississippi, who will be grati fied to hear of his continued success. D