First National Bank, Vicksburg, MS (Charter 3258)
First National Bank/First NB & TC, Vicksburg, MS (Chartered 1884 - Closed (Merger) 1994)
Town History
Vicksburg is a historic city and the county seat of Warren County, Mississippi. It is located 234 miles northwest of New Orleans at the confluence of the Mississippi and Yazoo rivers, and 40 miles due west of Jackson, the state capital. It is located on the east bank of the Mississippi River across from Louisiana.
The city has increased in population since 1900, when 14,834 people lived here. The population was 26,407 at the 2000 census, decreasing to 23,856 at the 2010 census.
Located on a high bluff on the east bank of the Mississippi River across from Louisiana, Vicksburg was built by French colonists in 1719, and the outpost withstood an attack from the native Natchez people. It was incorporated as Vicksburg in 1825 and named after Methodist missionary Newitt Vick. In the American Civil War, it was a key Confederate river-port, and its July 1863 surrender to Ulysses S. Grant, along with the concurrent Battle of Gettysburg, marked the turning-point of the war. From the surrender of Vicksburg until the end of the war in 1865, the area was under Union military occupation. The Confederate president, Jefferson Davis, had his family plantation at Brierfield, just south of the city.
During the Great Mississippi Flood of 1927, in which hundreds of thousands of acres were inundated, Vicksburg served as the primary gathering point for refugees. Relief parties put up temporary housing as the flood submerged a large percentage of the Mississippi Delta. Because of the overwhelming damage from the flood, the US Army Corps of Engineers established the Waterways Experiment Station as the primary hydraulics laboratory to develop protection of important croplands and cities. Now known as the Engineer Research and Development Center, it applies military engineering, information technology, environmental engineering, hydraulic engineering, and geotechnical engineering to problems of flood control and river navigation. The city is home to three large installations of the United States Army Corps of Engineers.
Vicksburg had seven National Banks chartered during the Bank Note Era, and five of those banks issued National Bank Notes.
Bank History
- Organized October 15, 1884
- Chartered October 21, 1884
- 1: Absorbed 7507 May 23, 1929 (Citizens National Bank, Vicksburg, MS)
- 1: Assumed 12501 by consolidation December 31, 1929 with title change (National City Savings B (No Issue), Vicksburg, MS)
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into of Trustmark National Bank in Jackson, MS, Oct 7, 1994
- "The Problem of Two Banks Under One Roof," Paper Money No. 191, p. 165.
On January 13, 1885, stockholders of the First National Bank elected the following directors: Lee Richardson, S.T. Barnett, W.P. Richardson, C.O. Willis, Dr. W.E. Oats, A.J. Lewis, E.C. Carroll, W.S. Jones, A. Warner, Geo. S. Irving, Frank B. Hayne, Dr. R.A. Quin, and Thomas Mount. Subsequently those directors elected the following officers: Lee Richardson, president; S.T. Barnett, vice-president; W.S. Jones cashier and Thomas Mount, assistant cashier. E.C. Carroll was elected president of the board of directors.
By 1886, Mr. S.T. Barnett sold his interests in the First National Bank of Vicksburg and purchased the Capital State Bank at Jackson where he led that bank as president along with B.W. Griffith as Cashier. Along with Mr. Martin of Alabama he endeavored to organize a national bank in Yazoo City and have secured stock amounting to approximately $15,000 where when combined with previous commitments would then secure capital stock of $50,000.
In 1908, the First National Bank and the City Savings Bank and Trust Company of Vicksburg occupied their new quarters in the First National Bank Building. Hundreds of people viewed the new rooms to the gratification of officials of the two allied institutions. The banking rooms were beautifully finished in satin mahogany and marble. B.W. Griffith was president of the First National and vice president of the City Savings and Trust Co.; A. Rose was vice president of the First National and president of the City Savings and Trust Co.; W.T. Burnett was also a vice president of the First National; J.M. Phillips was cashier of the First National and R. Griffith was secretary of the City Savings and Trust Co. B.W. Griffith was formerly cashier of the Capital National Bank of Jackson, Miss. In 1893 he assumed the presidency and management of the First National Bank of Vicksburg.
On April 20, 1929, Vicksburg banks First National Bank, Citizens National Bank (Charter 7507), and American Bank and Trust Co. merged into one institution with combined capital of $1,000,000.
On January 23, 1930, the consolidation was announced for the First National Bank and the National City Savings Bank and Trust Company of Vicksburg (Charter 12501), the new institution to be known as the First National Bank and Trust Company of Vicksburg.
Official Bank Title(s)
1: The First National Bank of Vicksburg, MS
2: The First National Bank & Trust Company of (12/31/1929), Vicksburg, MS
Bank Note Types Issued
A total of $4,147,410 in National Bank Notes was issued by this bank between 1884 and 1935. This consisted of a total of 323,880 notes (278,940 large size and 44,940 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1: 1882 Brown Back 3x10-20 1 - 6338 1: 1882 Brown Back 50-100 1 - 900 1: 1902 Red Seal 3x10-20 1 - 8500 1: 1902 Date Back 3x10-20 1 - 24500 1: 1902 Plain Back 3x10-20 24501 - 54447 1: 1929 Type 1 6x10 1 - 1226 1: 1929 Type 1 6x20 1 - 418 2: 1929 Type 1 6x10 1 - 4618 2: 1929 Type 1 6x20 1 - 1228
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1884 - 1936):
Presidents:
- Samuel Treutlen Barnett, 1885-1885
- James P. Roach, 1886-1892
- Benjamin Whitfield Griffith, 1893-1927
- George Williamson, 1928-1935
Cashiers:
- William Scarborough Jones, 1885-1885
- Thomas Mount, 1886-1886
- Robert Cox Allein, 1887-1892
- James M. Phillips, 1893-1910
- George Williamson, 1911-1919
- Stephen Edward Treanor, 1920-1935
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
- First National Bank/First NB & TC, Vicksburg, MS History (NB Lookup)
- The Problem of Two Banks Under One Roof (SPMC PM#191)
- Mississippi Bank Note History (BNH Wiki)
Sources
- Vicksburg, MS, 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
- The Bankers' Magazine, Vol. 77, July 1908-Dec. 1908, pp 320-321.
- Weekly Commercial Herald, Vicksburg, MS, Fri., Feb. 5, 1886.
- The Morning Call, Laurel, MS, Wed., Sep. 18, 1929.
- Stone County Enterprise, Wiggins, MS, Thu., Jan. 23, 1930.