Rankin, TX, United States
First State Bank of Rankin. Founded in 1911 on the Kansas City, Mexico & Orient Railroad, the town of Rankin saw for immense oil fields discovered in its trade area in 1923-1926. Local business expanded greatly. The first state bank of Rankin-- Upton County's first financial institution-- opened Jun
e 4,1927. Original officers were John F. Lane, business and civic leader, president; J. P. Rankin, rancher, vice president. Directors: Harry Baldwin, oil man; T. J. Murphy, Rancher; G. W. Newberry, me
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