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Henry Truman Phelps black plaque

Eastland, TX, United States

Early Banking in Eastland. The evolution of Eastland banks reflects local economic conditions and global influences. Soon after the Texas and Pacific Railway reached town in October 1880, a Mr. Berry of Stephenville opened the first bank in Eastland in Jacob Alexander's dry goods store. Eastland Nat

ional Bank began in the fall of 1890 on the square, with Major W.H. Parvin as president and John T. Yeargin as cashier. Eastland County Bank ran from the late 1890s to 1904 in the same location. City

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