Details for Merchants and Planters National Bank
Historical Marker — Atlas Number 5181007405
Data
| Marker Number | 7405 |
| Atlas Number | 5181007405 |
| Marker Title | Merchants and Planters National Bank |
| Index Entry | Merchants and Planters National Bank |
| Address | 200 N. Travis at Wall St. |
| City | Sherman |
| County | Grayson |
| UTM Zone | 14 |
| UTM Easting | 721688 |
| UTM Northing | 3724560 |
| Subject Codes | banks, bankers, banking topics |
| Marker Year | 1966 |
| Recorded Texas Historic Landmark | No |
| Marker Location | |
| Private Property | No |
| Marker Condition | In Situ |
| Marker Size | 18" x 28" |
| Marker Text | One of the oldest banks in North Texas. Replaced Sherman's "Pecan Tree Bank"; for 22 years traders hung saddlebags filled with gold on tree's branches. Bank was founded in 1872 with $150,000 capital when city was 26 years old. Promoted growth of Sherman and was hub of North Texas area and Indian Territory, serving ranchers, farmers, traders. Became national bank in 1884. First president was C. C. Binkley; first directors, J. P. Dumas, Silas Hare, Sr., J. M. Lindsay, J. H. Slater, G. V. Winkle, C. A. Andrews. |