First Hutchings-Sealy National Bank
Successor of Texas' oldest bank and its first national bank. Founded in 1835 when Mexico granted a banking charter to the merchants Thomas F. McKinney and Samuel May Williams -- a firm wealthy enough in 1836 to finance the Texas War for Independence to a large extent. Later McKinney, Williams & Company moved from Quintana to Galveston, where in 1841 the Texas Republic authorized them to issue bank notes for circulation as money. When re-established in 1847 as "Commercial & Agricultural Bank," this became first chartered bank in the state. At its closing, 1859, Ball-Hutchings & Company assumed many of its activities.
This company was established by two young men, John H. Hutchings and John Sealy, under the name of Hutchings, Sealy & Company at Sabine Pass in 1847 as a merchandise business. These men moved to Galveston in 1854 and joined with George Ball to form Ball-Hutchings & Company. In 1897 the firm changed its name to Hutchings, Sealy & Company, and in 1930 it merged with Henry Rosenberg's South Texas National Bank. In 1958 the Hutchings-Sealy National Bank merged with the First National Bank of Galveston, the latter being the first Texas bank chartered under the National Bank Act of 1865
As one of the most visible programs of the Texas Historical Commission (THC), historical markers commemorate diverse topics in Texas history, including: the history and architecture of houses, commercial and public buildings, religious congregations, and military sites; events that changed the course of local and state history; and individuals who have made lasting contributions to the state, community organizations, and businesses.
In 1816, Pirate Jean Lafitte established a short-lived settlement on Galveston Island, which became a haven for smugglers and criminals. However, the pirate era came to an end when the Mexican government took control of Texas and drove out Lafitte and his fellow pirates.
The 19th century saw Galveston County become a major seaport and commercial center. In 1839, the city of Galveston was founded and quickly grew in size and prosperity. The city became an important hub for the Texas cotton industry and played a significant role in the Texas Revolution and the Civil War.
However, Galveston faced numerous challenges throughout its history, including devastating hurricanes. The most notable was the Great Storm of 1900, which remains the deadliest natural disaster in U.S. history, claiming thousands of lives and causing extensive damage. Despite the destruction, Galveston rebuilt and implemented engineering projects, including the construction of a seawall, to protect the city from future hurricanes.
Today, Galveston County is a popular tourist destination, known for its beautiful beaches, historic architecture, and vibrant cultural scene. The county has successfully preserved its rich heritage while embracing modern development, making it a unique and diverse place to visit and live.
Galveston County Timeline
This timeline provides a condensed summary of the historical journey of Galveston County, Texas.
- 1528 - Spanish explorer Cabeza de Vaca becomes the first known European to set foot on Galveston Island
- 1816 - Pirate Jean Lafitte establishes a base on Galveston Island
- 1825 - Galveston becomes a port of entry for the newly formed Republic of Mexico
- 1836 - Galveston becomes an important port during the Texas Revolution
- 1839 - The City of Galveston is officially incorporated
- 1854 - Galveston becomes the largest city in Texas
- 1900 - Galveston is struck by a devastating hurricane, resulting in over 6,000 deaths
- 1901 - Oil is discovered in nearby Spindletop, leading to a period of economic growth
- 1957 - The world's first offshore drilling rig is built in Galveston
- 2008 - Hurricane Ike causes significant damage to Galveston