Richland Springs in San Saba County, Texas — The American South (West South Central)
First State Bank in Richland Springs
Photographed By James Hulse, December 29, 2023
1. First State Bank in Richland Springs Marker
Inscription.
First State Bank in Richland Springs. . John Burleson (1870-1933) founded the Burleson Bank in 1910 to expand his business interests and provide financial services to the community of Richland Springs. In 1913 Burleson reorganized his institution as the First State Bank; in 1919, W.H. Gibbons became the new director when Burleson left the bank. During Gibbons tenure, in 1928, the bank was robbed at gunpoint. The First State Bank was renamed the People's State Bank, ruled and protected by federal law, in May 1933. The People's State Bank continued to uphold the standards set by its founder and to serve the community until May 8, 1958, when it was liquidated by the Texas Banking Commission.
John Burleson (1870-1933) founded the Burleson Bank in 1910 to expand his business interests and provide financial services to the community of Richland Springs. In 1913 Burleson reorganized his institution as the First State Bank; in 1919, W.H. Gibbons became the new director when Burleson left the bank. During Gibbons tenure, in 1928, the bank was robbed at gunpoint. The First State Bank was renamed the People's State Bank, ruled and protected by federal law, in May 1933. The People's State Bank continued to uphold the standards set by its founder and to serve the community until May 8, 1958, when it was liquidated by the Texas Banking Commission.
Erected 1998 by Texas Historical Commission. (Marker Number 12187.)
Topics. This historical marker is listed in this topic list: Industry & Commerce. A significant historical month for this entry is May 1933.
Location. 31° 16.435′ N, 98° 56.699′ W. Marker is in Richland Springs, Texas, in San Saba County. Marker is at the intersection of Main Street (Farm to Market Road 45) and Carter Street on Main Street. The marker is located at the entrance to the building. Touch for map. Marker is at or near this postal address: 101 Main Street, Richland Springs TX 76871, United States of America. Touch for directions.
Other nearby markers. At least 7 other markers are within 15 miles of this marker, measured as the crow flies. First State Bank Building
Also see . . . Richland Springs, TX. Texas State Historical Association (TSHA) (Submitted on January 5, 2024, by James Hulse of Medina, Texas.)
Photographed By James Hulse, December 29, 2023
2. The First State Bank building and Marker
Photographed By James Hulse, December 29, 2023
3. The view of the First State Bank in Richland Springs
Credits. This page was last revised on January 5, 2024. It was originally submitted on January 5, 2024, by James Hulse of Medina, Texas. This page has been viewed 61 times since then. Photos:1, 2, 3. submitted on January 5, 2024, by James Hulse of Medina, Texas.
