Atlanta National Bank, Atlanta, TX (Charter 7694)
Atlanta National Bank, Atlanta, TX (Chartered 1905 - Closed (Merger) 1995)
Town History
Atlanta is a city in Cass County, northeastern Texas. U.S. Route 59 bypasses the city to the west, leading north 25 miles to Texarkana and southwest 14 miles to Linden. Texas State Highway 77 passes through the southern side of the city, leading southeast 10 miles to the Louisiana border and northwest 13 miles to Douglassville. Texas State Highway 43 passes through the center of Atlanta and leads south 47 miles to Marshall. According to the 2010 U.S. census, the city had a population of 5,675, which decreased to 5,433 in 2020. In 1910 the population was 1,604.
Atlanta was established in 1872 with the building of the Texas and Pacific Railway and was named for Atlanta, Georgia, former home of many early settlers; a post office was opened that same year. Atlanta, Texas is now the second largest Atlanta in the nation. Other "Atlantas" exist in Arkansas, Louisiana, Missouri, and elsewhere. Atlanta, Texas is known as "Hometown, USA".
Atlanta had two National Banks chartered during the Bank Note Era, The First National Bank (Charter 4922) and The Atlanta National Bank (Charter 7694), and both of those banks issued National Bank Notes.
Bank History
- Organized April 3, 1905
- Chartered April 17, 1905
- Opened for business June 1, 1905
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into American National Bank in Texarkana, TX, October 1, 1995
In April 1905, an application to organize a national bank was approved by the comptroller of the currency for The Atlanta National Bank of Atlanta, Texas, with a capital of $30,000, by R.L. Witt, T.H. Leaves, H.F. O'Neal, George Hughes, L.F. Allday and others.
On Tuesday, December 4, 1928, The Atlanta National Bank held a formal opening of its new, $40,000 home, a two-story fireproof structure. The officers were L.F. Allday, president; T.J. Swint, vice president; H.F. O'Neal, vice president; Henry A. King, cashier; Ranson Hardy, assistant cashier and R.H. Price, director.
On October 10, 1931, it was reported that a frightened robber saw his own image and gun reflected in a mirror in the rear of the vault of the Atlanta National Bank and fired a fusillade of shots into the mirror. He and a pal who attempted to hold up the bank ran to a waiting car with driver and roared out of town.
On October 30, 1932, Louis Franklin Allday, Sr., passed away. Mr. Allday's first business was the organization of the mercantile firm R.S. Allday & Son in which he was associated with his father in 1896. The business was reorganized in 1910 as the Allday Supply Co., with Mr. Allday as president. He became president of the Atlanta National Bank when it was founded in 1905 and held that position up to the time of his death. His other business connections included presidency of the East Texas Motor Company, the Atlanta Brick Co., and the Three States Insurance Association. He had held the presidency of the later concern since its organization in 1918.
Patrick C. Willis, 53, civic leader and vice president of the Commercial National Bank died Wednesday afternoon, November 22, 1933. He was born in Atlanta, Texas on April 8, 1880 and attended Grayson College at Whitewright, Texas before starting his long banking career at the First National Bank of Atlanta as runner. During his nine years with the First, he occupied every position up to cashier. He resigned to accept a position as cashier with the Atlanta National Bank and served there for 10 years. In 1919 he went to Monroe, Louisiana as cashier and was elected vice president the following year. He left in 1921 for the Commercial National Bank of Shreveport, continuing he association with the Monroe institution to the time of his death. He was past president of the Louisiana Bankers' Association and took a particular interest in Boy Scouting.
In December 1935, upon the death of Judge Howard F. O'Neal, Henry A. King was elected president.
Official Bank Title
1: The Atlanta National Bank, Atlanta, TX
Bank Note Types Issued
A total of $681,230 in National Bank Notes was issued by this bank between 1905 and 1995. This consisted of a total of 55,021 notes (39,228 large size and 15,793 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1902 Red Seal 3x10-20 1 - 1400 1902 Date Back 3x10-20 1 - 2650 1902 DB/PB 3x10-20 2651 - 3150 Type uncertain 1902 Plain Back 3x10-20 3151 - 8407 1929 Type 1 6x10 1 - 1702 1929 Type 1 6x20 1 - 450 1929 Type 2 10 1 - 2286 1929 Type 2 20 1 - 595
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1905 - 1995):
Presidents:
Cashiers:
- Robert Lee Witt, Sr., 1905-1907
- Patrick Claiborne Willis, 1908-1917
- William Anderson Powell, 1918-1922
- Henry Allen King Sr., 1923-1935
Other Bank Note Signers
- Robert Stuary Allday, Assistant Cashier 1924...1926 Signature
- There are currently no known Vice President bank note signers for this bank.
Wiki Links
- Texas Bank Note History
- General information on Atlanta (Wikipedia)
- General information on Cass County (Wikipedia)
- General information on Texas (Wikipedia)
Sources
- Atlanta, TX, on Wikipedia
- Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
- Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
- Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project
- El Paso Times, El Paso, TX, Wed., Apr. 5, 1905.
- Fort Worth Star-Telegram, Fort Worth, TX, Sat., Dec. 8, 1928.
- Fort Worth Star-Telegram, Fort Worth, TX, Sun., Oct. 11, 1931.
- The Shreveport Journal, Shreveport, LA, Tue., Nov. 1, 1932.
- The Times, Shreveport, LA, Thu., Nov. 23, 1933.