Industry
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First National Bank, the oldest bank in Fannin County, was chartered on December 12, 1883. At that time the county had 25,000 people, farming and industry prospered, a new railroad was being built, and seven schools and colleges and three newspapers were in operation. The bank's growth paralleled and contributed to Bonham's growth. Many descendants of the 24 original stockholders remain affiliated with its interests. Its presidents were W.A. Nunnelee from 1888 to 1897, S.B. Allen from 1897 to 1902, A.B. Scarborough from 1902 to 1921 and 1924 to 1944, D.W. Sweeney from 1921 to 1924, and Dick Saunders from 1944 onward.
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Bonham, Texas · United States
