First National Bank

Episode Information

Episode UID: 431601130
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 43160 national
Charter Number: 4316
Start Date: February 28, 1894
Location: Llano, Texas (30.759, -98.675)

Metadata

Model: gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 8c563dd76a7a1a22

Response Measures

None

Receivership Details

Depositor recovery rate: 51.8%
Date receivership started: 1894-02-28
Date receivership terminated: 1899-05-01
OCC cause of failure: Fraud
Share of assets assessed as good: 10.2%
Share of assets assessed as doubtful: 70.2%
Share of assets assessed as worthless: 19.6%

Events (3)

1. May 20, 1890 Chartered

Source: historical_nic

2. February 28, 1894 Receivership

Source: historical_nic

3. February 28, 1894 Receivership

Newspaper Excerpt: Mr. H. P. HIIHard of Austin and receiver of the First national bank of Liano, who has been here for a day or two on official business with Comptroller wekles
Source: newspapers

Newspaper Articles (1)

1. June 29, 1894 Fort Worth Gazette Fort Worth, TX

Article from Fort Worth Gazette, June 29, 1894

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Article Text

Washington Notes. Special Dispatch. Washington, June 28.-Mr. H. P. HIIHard of Austin and receiver of the First national bank of Liano, who has been here for a day or two on official business with Comptroller wekles, left for home tonight. Mr. Hilliard called upon the president yesterday and was given the cordial reception which Mr. Cleveland always gives to Texans. Representative Balley will deliver a speech to the Democrats of Nevada, Mo., at the Invitation of the congreesional comittee of that district sometime within the next month. The following fourth-class postmasters were appointed today: Humble, T. V. Bender, vice P. 8. Humble, resigned: Moble, C. B. Gegger, J. R. Skinner, resigned; Turkey, J. M. Gist, vice A. P. Hall, resigned.