Around 1915, John and Erie moved the family to Streetman from nearby Navarro county and he purchased the McConnico Mercantile Company which employed his oldest son, Robert Clyde Cole and it was renamed J. B. Cole General Mercantile. As time passed, the family became major stockholders in the local bank, First State Bank of Streetman, and in August 1921 the bank charter was changed and the bank became known as the First National Bank. John served as President of the First National Bank until his death in 1936.
Around 1915, John and Erie moved the family to Streetman from nearby Navarro county and he purchased the McConnico Mercantile Company which employed his oldest son, Robert Clyde Cole and it was renamed J. B. Cole General Mercantile. As time passed, the family became major stockholders in the local bank, First State Bank of Streetman, and in August 1921 the bank charter was changed and the bank became known as the First National Bank. John served as President of the First National Bank until his death in 1936.
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