On September 22, 1883, the first meeting of the shareholders was held, and the articles of incorporation were signed by them. The first shareholders were: A. H. Coffin, A. R. Collins, Samuel Hanna, E. H. Lingo, W. C. Tignor, Alexander Renney, J. N. Johnson, W. Segar, John C. Waples, W. R. Green. The directors elected at that meeting were: A. H. Coffin, A. R. Collins, Samuel Hanna, E. H. Lingo, W. C. Tignor, Alexander Renney, J. N. Johnson, W. R. Green, Wilmot Segar; and the first officers were: J. N. Johnson, president; S. Hanna, vice president, and W. Segar, cashier. The certificate to commence business was signed by John Jay Knox, then comptroller of the currency, on September 28, 1883, and the number of this national bank was 3058. The first place of business of the bank was in the rear of what was then the book store of W. G. Hughes, in 200 Block, Main street, and in 1884 the present site on Main and Rusk streets was purchased and the building erected. On June 1, 1887, Mr. Segar resigned as cashier, and N. S. Ernst was chosen his successor. In August, 1889, the controlling interest of J. N. Johnson was bought by Mr. R. C. Shearman, of Bradford, Pennsylvania, and his associates, and on August 13 of the same year the number of directors was increased from six to eight, the additional members being S. G. Bayne, of New York state, and R. C. Shearman, of Bradford, Pennsylvania. On the same day Mr. Johnson presented his resignation as president, and Mr. Shearman was elected in his stead. On June 30, 1890, Mr. Ernst resigned the cashiership, and was succeeded by G. L. Blackford. The capital stock which had till then been one hundred thousand dollars, was increased on July 29, 1890, to one hundred and fifty thousand dollars. October 16, 1890, Mr. Ernst also resigned his place as director, Mr. John Doyle succeeding him. 
State National Bank 300 West Main Street ca 1890 Enlarged half of a Verkin & Enos stereographic postcard in SMU's digital collection. Ten years after the organization of the
bank many of the old directors had ceased their connection, from death
or other
reasons, and at that time the board comprised the following: Alexander
Renney,
A. F. Platter, John Doyle, A. H. Coffin, J.
B. McDougall,
W. C. Tignor, A.
W.
Acheson, D. N. Robb, R. C. Shearman, G. L. Blackford. And the
officers: R. C.
Shearman, president; Alexander Renney, vice president; G. L. Blackford,
cashier.
State National Bank 300 West Main Street Source : Art Work of Grayson County (1895) January 24, 1899, at a meeting of the stock- holders, the capital stock was reduced from one hundred and fifty thousand dollars to the original figure of one hundred thousand dollars, at which amount it has since remained. On January 30, 1899, Vice President Renney removed to Indian Territory and resigned his office and in the following March his death occurred at Pauls Valley, Indian Territory. Mr. A. F. Platter was elected his successor. On July 16, 1899, the bank lost another of its heads in Mr. Shearman, whose death occurred at Excelsior Springs, Missouri, of Bright's disease. Dallas (TX) Morning News Tuesday, July 18, 1899 p. 6 Denison, Tex., July 17 - R.C. Shearman, president of the State National Bank of this city and vice-president of the Denison and Pacific Suburban railway, a branch of the Texas and Pacific railroad from Sherman Junction to Denison, died yesterday at Excelsior Springs, Mo.; where he had gone some weeks ago for the benefit of his health. Mr. Shearman was a financier of ability, a refined, cultured, scholarly gentleman, largely interested in Denison enterprises. The remains were taken to his old home at Fredonia, N.Y. for interment. This necessitated several changes, and on the following August 22, J. W. Madden was elected director to succeed Mr. Renney, and G. L. Blackford was chosen president. At the same date Mr. Courtenay Marshall succeeded to the directorship vacated by the death of Mr. Shearman, and Mr. A. F. Platter was elected first vice president and Mr. Marshall became second vice president, W. G. Meginnis being chosen cashier. Dallas (TX) Morning NewsWednesday, August 23,1899 p.5 BANK OFFICIALS Denison, Tex., Aug. 22 - The directors of the State National Bank to-day elected the following officers: G.L. Balckford, president; A.F. Platter, first vice-president, W.G. McGinnis, cashier. The election of officers was occasioned by the death of Mr. H.C. Sherman on July 16, who had been president of the bank for ten years. G.L. Blackford, who succeeds Mr. Sherman, has been cashier of the bank for about ten years. Mr. A.F. Platter, first vice-president, is well-known in commerical circles. He has been connected for over twenty years with the Waples-Platter Grocer company, wholesale grocers of which he is now treasurer, and manager of the Denison house, and has been a director in the bank for a long time.
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