National Bank, Forney, TX (Charter 4014)
National Bank, Forney, TX (Chartered 1889 - Liquidated 1909)
Town History
Forney is a city in Kaufman County, Texas, and has been named by the Texas Legislature as the "Antique Capital of Texas". It is part of the Dallas–Fort Worth metroplex. The population was 23,455 at the 2020 census. In 1890 the population was 811, growing to 1,114 by 1910.
Forney is located in northwestern Kaufman County. U.S. Route 80 passes through the city as a four-lane limited-access highway, leading west 20 miles to the center of Dallas and east 11 miles to Terrell. Forney is approximately 4 mi southeast of Lake Ray Hubbard, which was formerly known as Forney Lake.
Forney had three National Banks chartered during the Bank Note Era, and all three of those banks issued National Bank Notes.
Bank History
- Organized April 11, 1889
- Chartered April 18, 1889
- Liquidated March 31, 1909
- Succeeded by 9369 (Farmers National Bank, Forney, TX)
On April 18, 1889, the acting comptroller of the currency authorized the First National Bank of Forney, Texas, capital $50,000, to begin business.[2]
On November 28, 1892, J.K. Brooks, a farmer, was robbed of $2,800 by two masked highwaymen at his home. He came from Dallas with the money and it was thought he was followed by the highwaymen.[3] A reward of $200 was offered for the arrest and return of the money stolen near Crandall, Kaufman County. The $2,800 consisted of one $500 bill, two $50s and twenty-two $100 bills.[4] In September, 1895, Dan Foreman was indicted under a charge of robbing J.K. Brooks of $2,800. He was in jail in Kaufman, Texas. Dan Foreman and W.R. Carsby were arrested a few days after the robbery and had an examining trial before Esquire Wood at Forney and were bound over to await the action of the grand jury. They were released on a writ of habeas corpus. Dan Foreman ran a saloon on the east side of the public square in Dallas at the time of his arrest.[5]
On Tuesday, January 14, 1896, stockholders elected T.H. Dailey, G.W. Voiers, D.G. McKellar, Tom Layden, and Yancey McKellar directors. Directors elected the following officers: T.P. Dailey, president; D.G. McKellar, vice president; and G.W. Voiers, cashier.[6]
On November 5, 1901, the comptroller of the currency approved the application of J.T. Rhea, R.P. Pinson, D.G. McKellar, C.J. Starnes, J.C. Reagan, J.M. Davis and T.H. Dailey to organize the City National Bank of Forney, with $25,000 capital.[7] D.G. McKellar was president and J.T. Rhea, cashier of the new bank.[8]
In March 1909, the application to organize the Farmers National Bank of Forney, capital $50,000, was approved. The applicants were T.J. Pinson, Tom Layden, M. Spellman, W.A. Brooks, and J.K. Brooks.[9] On March 26, the Farmers National Bank was authorized to begin business. Tom Layden was president; J.K. Brooks, vice president; and T.J. Pinson, cashier.[10]
On Wednesday, November 11, 1931, Thomas H. Dailey, 77, retired banker and druggist of Forney and resident of Dallas for the past 25 years, died at his home, 500 East Tenth Street, Dallas. Mr. Dailey, a native of East Texas, went to Forney in the early '80s and was active as a druggist until 1887. In 1889 he helped to establish the National Bank of Forney and later became its president. In 1902 he became connected with the City National Bank at Forney and served as a director and officer. He also was president of the Forney Investment Company and the Dewey Investment Company at Forney. For many years he was leader in financial, political, and social life at Forney. Mr. Dailey was known as the builder of Forney's first brick building. He was a member of the Masonic and I.O.O.F. Lodges at Forney.[11][12]
Official Bank Title
1: The National Bank of Forney, TX
Bank Note Types Issued
A total of $225,900 in National Bank Notes was issued by this bank between 1889 and 1909. This consisted of a total of 18,072 notes (18,072 large size and No small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1882 Brown Back 3x10-20 1 - 4518
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1889 - 1909):
Presidents:
Cashiers:
Other Known Bank Note Signers
Bank Note History Links
Sources
- Forney, 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
- ↑ Kaufman--The County of Prosperity, Texas, ca1910. Accessed Nov 17, 2024, Source: DeGolyer Library, Southern Methodist University.
- ↑ The Courier-Journal, Louisville, KY, Fri., Apr. 19, 1889.
- ↑ The Galveston Daily News, Galveston, TX, Tue., Nov. 29, 1892.
- ↑ The Galveston Daily News, Galveston, TX, Wed., Nov. 30, 1892.
- ↑ The Galveston Daily News, Galveston, TX, Sun., Sep. 8, 1895.
- ↑ The Houston Post, Houston, TX, Thu., Jan. 16, 1896.
- ↑ The Davis News, Davis, OK, Thu., Nov. 14, 1901.
- ↑ The Houston Post, Houston, TX, Mon., Jan 6, 1902.
- ↑ The Wall Street Journal, New York, NY, Thu., Mar. 4, 1909.
- ↑ The Houston Post, Houston, TX, Sun., Mar. 28, 1909.
- ↑ Dallas News, Dallas, TX, Thu., Nov. 12, 1931.
- ↑ The Marshall News Messenger, Marshall, TX, Thu., Nov. 12, 1931.