Historical Marker

The Hidalgo County Bank and Trust Company

Mercedes, Hidalgo County · Texas
Erected 1982

Mercedes was a company town before it was a city. Land promoter Lon C. Hill laid it out in 1904, and the American Rio Grande Land and Irrigation Company renamed it, set minimum building costs on Main Street and banned alcohol sales for fifteen years. In April 1918 the city council made it illegal to speak German or another enemy language in any school, and to advertise or preach in German. The town changed names several times before settling on Mercedes, and why it chose that name is still disputed.

What the plaque says

The Hidalgo County Bank and Trust Company The oldest Hidalgo County bank still in operation, this institution opened in 1907 in a frame house on Third Street. Incorporators of the firm were area leaders J. M. Johnson, Sr., who served as the first president, his son J. M. Johnson, Jr., William M. Price and S. P. Silver, all of Mercedes; John Closner of Hidalgo; and Walter A. McNeil of Santa Maria. Sound leadership helped the Hidalgo County Bank and Trust Company survive the economic depression of the 1930s and to become a leader in the development of the Rio Grande Valley area. (1982)

Where it stands

26.14867, -97.91359 · Directions

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