Sulphur Springs Loan and Building Association

Marker installed: 1993
Marker size: 27" x 42"

Chartered on August 13, 1890, the Sulphur Springs Loan and Building Association is the oldest surviving savings association in the state of Texas. Charter members of the association included local business leaders Phil H. Foscue, W. F. Henderson, T. F. Gafford, L.. H. Avinger, M. G. Miller, O. M. Pate, John D. Williams, S. D. Crittenden, and R. F. Blythe. T. F. Gafford served as the first managing officer.

Originally located in a two-story building southeast of the town square, the association responded to economic growth and development in the area brought about by the arrival of the railroad. Supporting both urban and rural building projects and home construction, the association has played an important role in Hopkins County history. Many of the area's businesses trace their roots to loans made by the association in the late 19th and early 20th centuries.

The association moved to new offices at this site in 1961. Among its public contributions are the support of numerous charitable and civic organizations through monetary assistance and the donation of meeting space. Benefits of the association's business practices can now be seen beyond the boundaries of Hopkins County in a number of northeast Texas communities

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.

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Texas was once an independent country: After winning its independence from Mexico in 1836, Texas became its own country, known as the Republic of Texas. It existed as an independent nation for nine years before being annexed by the United States in 1845.
Hopkins County, located in northeast Texas, has a rich history that dates back to the early 19th century. The area was initially inhabited by various Native American tribes, including the Caddo and Cherokee, until European settlers began arriving in the early 1800s. In 1841, the Texas Congress established Hopkins County and named it after Samuel Hopkins, a veteran of the Battle of San Jacinto.

The county's development was greatly influenced by the arrival of the railroad in the late 1870s. The construction of the St. Louis Southwestern Railway, also known as the Cotton Belt Route, opened up new opportunities for trade and agriculture in the area. This led to an increase in population and the establishment of several communities, including Sulphur Springs, the county seat.

Agriculture played a significant role in the county's economy. The fertile soil and favorable climate made it ideal for growing crops such as cotton, corn, and wheat. The introduction of new farming techniques and machinery further improved productivity. In addition to agriculture, the county also had thriving industries such as dairy farming, timber harvesting, and oil and gas production.

Over the years, Hopkins County has maintained its agricultural heritage while embracing modern developments. Today, the county is known for its annual Hopkins County Fall Festival, which celebrates the community's history and culture. It also boasts numerous parks, recreational areas, and historic sites, attracting visitors from near and far. Hopkins County continues to be a vibrant and evolving community, combining its rich history with a focus on progress and growth.

This timeline provides a concise overview of the key events in the history of Hopkins County, Texas.

  • 1846 - Hopkins County is formed from portions of Lamar and Nacogdoches counties.
  • 1849 - The county's first settlement, Tarrant, is established.
  • 1870 - The city of Sulphur Springs is founded as the county seat.
  • 1872 - The Texas and Pacific Railway is built through the county, boosting economic development.
  • 1884 - The county courthouse, known as the "Old White Courthouse," is constructed in Sulphur Springs.
  • 1961 - Lake Fork Reservoir is completed, providing a new recreational attraction for the county.
  • 1985 - The city of Sulphur Springs is designated as the "World Champion Hopkins County Stew Capital."
  • 2000 - The Hopkins County Veterans Memorial is dedicated to honor local veterans.