Originally the Birmingham and Memphis cafeterias were one company, but in about 1930 the original Birmingham cafeteria was taken over by First National Bank due to financial hardship, with Holcomb buying the Birmingham operation from the bank.
In the early days, the Birmingham and Memphis cafeterias operated as one company. However, in about 1930, the initial Birmingham cafeteria encountered financial problems and was taken over by First National Bank, which led to Holcomb acquiring the Birmingham operation from the bank.