How does a small, one-man abstract company evolve into a large, successful, diversified operation? Find out as we take a look inside the oldest continuously operated business in Sherman, Texas.
Chapin Title Company traces its roots back to the 1800’s when the city of Sherman was a rural, undeveloped area. The year was 1872, the city of Sherman was booming. Almost 6,000 people called it home… and others were streaming in steadily to grasp the opportunities the rich prairie soil promised. With the increase of people moving into the area, the city needed a way to keep track of the parcels of land being bought and sold. That’s where Chapin Title came into the picture.
A young man by the name of M.J. Chapin, decided to keep track of every recorded instrument affecting real estate titles. It was a valuable service that was welcomed. In 1872, M.J. Chapin proudly hung his shingle outside a small, one room office in the Grayson County Courthouse and the company has operated continuously ever since.
Two Companies – One Vision: At the same time, operating quite successfully in the city of Denison was Tone Abstract Company, also founded in 1872. For 118 years, Chapin and Tone operated under “gentlemen’s agreement” whereby Tone Abstract would handle property in northern Grayson County and Chapin would handle property in the south. In 1990, Chapin acquired Tone Abstract Company. The merging of these two companies not only brought the resources of two great companies together, but also made Chapin Title the largest title company in Grayson County.
Entering the 21st Century – In 1998, Chapin Title Company was purchased by Phil and Ruth Adams. The Adams own and operate six other title companies across the state, all of which command leading market share in their areas.
Though much has changed in the last 147 years, the fundamental principles of honesty, accuracy, and integrity, upon which Chapin Title was founded remain steadfast.
Growing the Business – Today, Chapin Title headquarters are located at 620 N. Travis Street in downtown Sherman and operate under the leadership of company president, Karen Castleman. When asked what makes the company so successful, Karen replied, “Our people, are our greatest asset.” Chapin Title escrow officers have an average of fifteen years of experience in the title industry! Our staff of seasoned professionals offer unparalleled knowledge and expertise and focus on providing great customer service.
Chapin also represents six of the nation’s largest and strongest insurance underwriters. No other title company in the area can say that. When asked what that means to the consumer, Karen replied. “It means financially, we are strong and sound. The highest-rated title insurance companies in the nation back our policies. As a result, our customers have peace of mind. You can rest assured that Chapin Title has the financial strength to be entrusted with one of the most important investments you will ever make, your home.”
Over the years, Chapin Title Company has proven, time and time again, to be a valuable and critical resource to Grayson County citizens. And if the past is any indicator, Chapin Title Company will continue with that reputation for another 100 years! Actually that is 147 years, but who’s counting.
Chapin Title Company – proud to be selected as the winner of the “Best Title Company in Texoma” for 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, and 2018!