USA > Massachusetts > Bristol County > A History of Bristol County, Massachusetts, vol 1 > Part 53
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The society has lost by death twenty-four members, the youngest, Dr. John H. Leary, aged twenty-nine; the oldest, Dr. Jerome Dwelly, aged ninety years, ten months. At our meetings many interesting and instruc- tive papers have been read, not only by our members, but by many out of town physicians. The present membership is 117, and our library is now located in the Stevens Clinic, Union Hospital, and open to the medical pro- fession for reference.
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FALL RIVER DOCTORS
The officers of the Fall River Medical Society, 1889 to 1923, as com- piled by Dr. Peckham :
1889-President, Dr. D. E. Cone; vice-president, Dr. Wmn. A. Dolan; secretary and treasurer, Dr. A. C. Peckham.
1890-President, Dr. W. A. Dolan; vice-president, Dr. W. T. Learned; secretary and treasurer, Dr. A. C. Dedrick.
1891-President, Dr. Wm. T. Learned; vice-president, Dr. John H. Leary; secre- tary and treasurer, Dr. John H. Gifford.
1892-President, Dr. John H. Leary; vice-president, Dr. A. C. Peckham; secre- tary and treasurer, Dr. John H. Gifford.
1893-President, Dr. A. C. Peckham; vice-president, Dr. John H. Gifford; secre- tary and treasurer, Dr. A. I. Connell; librarian, Dr. H. G. Wilbur.
1894-President, Dr. John H. Gifford; vice-president, Dr. Seabury W. Bowen; secretary and treasurer, Dr. A. I. Connell; librarian, Dr. H. G. Wilbur.
1895-President, Dr. W. E. Synan; vice-president, Dr. A. W. Buck; secretary and treasurer, Dr. E. Harriss; librarian, Dr. H. G. Wilbur.
1896-President, Dr. A. W. Buck; vice-president, Dr. J. W. Coughlin; secretary and treasurer, Dr. E. Harriss; librarian, Dr. H. G. Wilbur.
1897-President, Dr. J. W. Coughlin; vice-president, Dr. A. M. Jackson; secretary and treasurer, Dr. E. Harriss: librarian, Dr. G. L. Richards.
1898-President, Dr. Wm. T. Learned; vice-president, Dr. E. Harriss; secretary and treasurer, Dr. S. V. Merritt; librarian, Dr. G. L. Richards.
1899-President, Dr. Wm. T. Learned; vice-president, Dr. E. Harriss; secretary and treasurer, Dr. S. V. Merritt; librarian, Dr. G. L. Richards. (In March, Dr. W. T. Learned resigned and Dr. A. I. Connell was elected president.)
1900-President, Dr. A. I. Connell; vice-president, Dr. E. Harriss; secretary and treasurer, Dr. S. V. Merritt; librarian, Dr. G. L. Richards. (In February, Dr. A. I. Connell resigned and Dr. A. J. Abbe was elected president.)
1901-President, Dr. A. J. Abbe; vice-president, Dr. J. A. Barre; secretary and treasurer, Dr. S. V. Merritt; librarian, Dr. G. L. Richards.
1902-President, Dr. Michael Kelly; vice-president, Dr. A. W. Buck; secretary and treasurer, Dr. S. V. Merritt; librarian, Dr. G. L. Richards.
1903-President, Dr. A. W. Buck; vice-president, Dr. S. V. Merritt; secretary and treasurer, Dr. P. E. Truesdale: librarian, Dr. G. L. Richards.
1904-President, Dr. S. V. Merritt; vice-president, Dr. A. C. Lewis; secretary, Dr. Mary Marvell; treasurer, Dr. J. H. Lindsey; librarian, Dr. G. L. Richards.
1905-President, Dr. E. F. Curry; vice-president, Dr. G. E. Butler; secretary, Dr. H. G. Wilbur; treasurer, Dr. J. H. Lindsey; librarian, Dr. G. L. Richards. (Dr. A. C. Lewis declined to serve as president and Dr. E. F. Curry was elected.)
1906-President, Dr. G. E. Butler; vice-president, Dr. R. J. Thompson; secretary, Dr. Mary Marvell; treasurer, Dr. A. J. Abbe; librarian, Dr. G. L. Richards.
1907-President, Dr. R. J. Thompson; vice-president, Dr. Michael Kelly; secretary, Dr. Mary Marvell; treasurer, Dr. A. J. Abbe; librarian, Dr. G. L. Richards.
1908-President, Dr. Michael Kelly; vice-president, Dr. W. H. Butler; secretary, Dr. Frank Beckett; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards.
1909-President, Dr. W. H. Butler; vice-president, Dr. J. H. Westall; secretary, Dr. F. H. Beckett; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards.
1910-President, Dr. J. H. Westall; vice-president, Dr. P. E. Truesdale; secretary, Dr. J. E. Huard; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards.
1911-President, Dr. P. E. Truesdale; vice-president, Dr. J. F. Lowney; secretary, Dr. George Blood; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards.
1912-President, Dr. J. F. Lowney; vice-president, Dr. R. W. Jackson; secretary, Dr. George Blood; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards.
1913-President, Dr. R. W. Jackson; vice-president, Dr. C. A. Howland; secretary, Dr. Ralph W. French; treasurer, Dr. D. J. Fennelly; librarian, Dr. G. L. Richards; asst. librarian, Dr. A. C. Macrae.
1914-President, Dr. D. J. Fennelly; vice-president, Dr. C. A. Howland; secretary, Dr. Ralph W. French; treasurer, Dr. D. R. Ryder; librarian, Dr. G. L. Richards; asst. librarian, Dr. A. C. Macrae.
1915-President, Dr. C. A. Howland; vice-president, Dr. J. A. Barre; secretary,
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Dr. Ralph French; treasurer, Dr. C. C. McCreery; librarian, Dr. G. L. Richards; asst. librarian, Dr. A. C. Macrae; executive committee: Dr. A. C. Lewis and Dr. F. A. Chace; program committee: Dr. J. H. Lindsey, Dr W. H. Creamer, Dr. Mary Marvell.
1916-President, Dr. J. A. Barre; vice-president, Dr. A. C. Lewis; secretary, Dr. R. W. French; treasurer, Dr. W. S. Lyon; librarian, Dr. G. L. Richards; asst. librarians, Dr. Mary Marvell and Dr. A. C. Macrae; executive committee: Dr. R. W. Jackson and Dr. T. F. Gunning; program committee: Dr. J. H. Lindsey and Dr. C. A. Howland.
1917-President, Dr. R. W. French; vice-president, Dr. E. A. McCarthy; secretary, Dr. R. F. Brown; treasurer, Dr. W. S. Lyon; librarian, Dr. G. L. Richards; asst. librarians, Dr. Mary Marvell and Dr. A. C. Macrae; executive committee: Dr. J. A. Barre and Dr. G. G. Parlow; program committee: Dr. W. H. Blanchette and Dr. Thomas Almy.
1918-1919 -- President, Dr. E. A. McCarthy; vice-president, Dr. J. N. Normand; secretary, Dr. F. R. Barnes; treasurer, Dr. W. S. Lyon; librarian, Dr. G. L. Richards; asst. librarians, Dr. Mary Marvell and Dr. A. C. Macrae; executive committee: Dr. J. A. Barre and Dr. A. C. Lewis; program committee: Dr. R. W. French and Dr. Thomas Almy.
1920-President, Dr. J. N. Normand; vice-president, 'Dr. G. C. King; secretary, Dr. F. R. Barnes; treasurer, Dr. W. S. Lyon; librarian, Dr. G. L. Richards; asst. librarians, Dr. Mary Marvell and Dr. A. C. Macrae; executive committee: Dr E. A. McCarthy and Dr. G. G. Parlow; program committee: Dr. G. G. Parlow and Dr. Thomas Almy. (March 10th Dr. W. S. Lyon resigned and Dr. G. G. Parlow was elected treasurer.)
1921-President, Dr. G. C. King; vice-president, Dr. A. I. Connell; secretary, Dr. E. L. Merritt; treasurer, Dr. P. T. Crispo; executive committee: Dr. A. J. Abbe and Dr. A. C. Lewis; program committee: Dr. P. E. Truesdale, Dr. R. W. Jackson and Dr. A. W. Buck; refreshment committee: Dr. S. V. Merritt.
1922-President, Dr. A. I. Connell; vice-president, Dr. R. B. Butler; secretary, Dr. E. L. Merritt; treasurer, Dr. P. T. Crispo; librarian, Dr. T. F. Gunning; asst. librarian, Dr. G. G. Parlow; executive committee: Dr. A. J. Abbe, and Dr. E. La- Liberte; program committee: Dr. R. W. Jackson; Dr. Wm. Mason and Dr. H. Sawyer; refreshment committee, Dr. E. L. Merritt.
1923-President, Dr. R. B. Butler; vice-president, Dr. F. R. Barnes; secretary, Dr. E. L. Merritt; treasurer, Dr. P. T. Crispo; librarian, Dr. T. F. Gunning; asst. librarian, Dr. G. G. Parlow; executive committee: Dr. A. J. Abbe and Dr. E. LaLiberte; pro- gram committee: Dr. R. W. Jackson, Dr. Wm. Mason and Dr. H. Sawyer; refreshment committee, Dr. E. L. Merritt.
Deceased members of the Fall River Medical Society, July 11, 1896, to May 1, 1923:
Year Name Age
1896, July 11, Dr. John M. McKensie, 41 years.
1898, June 26, Dr. Joseph H. Fay, unknown.
1898, July 16, Dr. Edward H. Kidder, 30 years.
1901, Feb. 10, Dr. John H. Leary, 29 years.
1902, Nov. 1, Dr. John H. Abbott, 54 years.
1906, Oct., Dr. Robert T. Davis, 83 years.
1907, May 22, Dr. Peter A. A. Collett, 60 years.
1908, unknown, Dr. Nathaniel B. Aldrich, 42 years.
1908, Oct. 2, Dr. John H. Jackson, 70 years.
1910, Aug. 29, Dr. David W. VanderBurgh, 70 years.
1910, unknown, Dr. John B. Chagnon, unknown.
1912, Dec. 25, Dr. Amos M. Jackson, 71 years.
1913, Dec. 4, Dr. Jerome H. Dwelly, 90 years.
1916, July 28, Dr. Michael Kelly, 60 years. 1917, March 3, Dr. Seabury W. Bowen, 77 years. 1918, Oct. 11, Dr. W. H. Butler, 51 years.
1918, Oct. 11, Dr. W. G. Turner, 39 years.
1919, May 24, Dr. D. A. Babcock, 67 years.
1919, Dec. 14, Dr. J. H. Gifford, 61 years.
1920, Dec. 3, Dr. J. W. Coughlin, 60 years.
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THE BANKING INSTITUTIONS
1922, Apr. 5, Dr. Ambrose A. Keeley, 51 years.
1922, Aug. 14, Dr. Wm. T. Learned, 61 years.
1922, Oct. 1, Dr. Wm. A. Dolan, 64 years.
1923, Feb. 7, Dr. Charles W. Connell, 64 years.
There is no Fall River Dental Association (1923), though it is under- stood occasional attempts have been made to form such an association.
CHAPTER XII.
THE BANKING INSTITUTIONS
"Oldest and most successful" can be applied without reserve to the history of financial interests of Fall River, that, being introduced with some of the first of the national and savings banks in the State and country, has continued from small beginnings to the present status of sixteen banking institutions, that represent more than fifty millions of dollars in their capital or deposits. The banks here have kept pace with the increasing value and growth of the industries, as well as with the increase of the popula- tion's needs. The Fall River Savings Bank, one of the first in the United States, was started in 1828, and successively there have come into existence three other savings banks, all on firm footing, and that fill their place and meet all demands.
The Fall River Bank, now the Fall River National Bank, was estab- lished in 1825, when most of the present large cities of the country were villages or small towns. Four other national banks have since been added. There are also two trust companies and five co-operative banks, and the clearing house was established in 1892. The outline of the history of the various banking institutions that follows is, as well, a compilation of the financial survey of the progress of town and city.
The first bank to be established in the village of Fall River was the Fall River Bank, incorporated in January, 1825, the act of incorporation containing the names of Oliver Chace, David Anthony, Bradford Durfee, Richard Borden, Nathaniel B. Borden, John C. Borden, Lucius Smith, Samuel Smith, Clark Shove, Harvey Chace, Edward Bennett, Arnold Buf- fum, James Ford, James G. Bowen, William W. Swain, Benjamin Rodman, William Valentine, Holder Borden. The first meeting of the stockholders was held April 7, 1825, when Oliver Chace, David Anthony, Bradford Dur- fee, Sheffel Weaver, Edward Bennett, Gideon Howland, Benjamin Rodman, John C. Borden and Richard Borden were elected directors, and at a later meeting of the directors David Anthony was chosen president, and Matthew C. Durfee cashier. David Anthony, after a service of forty years as presi- dent, resigned in 1865, and he was succeeded by Colonel Richard Borden, who, after holding office nine years, was succeeded in 1874 by Guilford H. Hathaway; and he in 1895 by Ferdinand H. Gifford, who had been cashier since 1873. Matthew C. Durfee, the first cashier, so continued until 1836, when Henry H. Fish succeeded him, serving twenty-seven years and re- signing in 1863. His successor was George R. Fiske, who served until 1873, and was succeeded by Ferdinand H. Gifford. George H. Eddy, Jr., became cashier in 1895. The following is the official status of the institution since that time :
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BRISTOL COUNTY, MASSACHUSETTS
Presidents-Ferdinand H. Gifford, Sept. 30, 1895, to Apr. 16, 1914, died Apr. 16, 1914; Wendell E. Turner, May 4, 1914, to Dec. 7, 1917, died Dec. 7, 1917; Oliver S. Hawes, Dec. 31, 1917.
Vice-Presidents -- Richard B. Borden, Jan. 18, 1875, to Oct. 12, 1906, died Oct. 12, 1906; Herbert Field, Oct. 22, 1906, to Jan. 7, 1907, resigned, moved to Providence, R. I .; Wendell E. Turner, Jan. 7, 1907, to May 4, 1914, elected president; Oliver S. Hawes, May 4, 1914, to Dec. 31, 1917, elected president; Spencer Borden, Jr., Dec. 31, 1917.
Cashiers-George H. Eddy, Jr., Sept. 30, 1895, to Jan. 10, 1921, resigned-came to bank as teller Jan. 19, 1891; Frederick E. Bemis, Jan. 10, 1921, came to bank as clerk Sept. 14, 1886.
Directors-Oliver S. Hawes, Oct. 7, 1895; George H. Eddy, Jr., Jan. 2, 1899; Leonard N. Slade, July 21, 1902, to Jan. 6, 1916-died Jan. 6, 1916; Spencer Borden, Jr., July 21, 1902; Asa A. Mills, Jan. 2, 1905; Charles N. Borden, Oct. 22, 1906; Melvin B. Horton, Jan. 7, 1907; Robert R. Borden, Jan. 7, 1907-died Dec. 11, 1918; Robert A. Wilcox, Jan. 7, 1907-died Aug. 2, 1918; George Delano, Jan. 6, 1913; Frederick Webb, Jan. 3, 1915; Everett N. Slade, Jan. 17, 1916; Henry F. Searles, July 22, 1918-died July 18, 1922; Albert A. Harrison, Dec. 23, 1918; J. Whitney Bowen, Jan. 13, 1919; Thomas E. Lahey, Mar. 1, 1920; Frederick E. Bemis, Jan. 10, 1921; J. Edward Newton, Jan. 8, 1923.
The bank building, which was of brick, and was constructed at the cor- ner of Main and Bank streets in 1826, was destroyed by the fire of 1843, but was rebuilt the same year. The present building was erected in 1892, and that year the payment of interest on deposits was begun. Fall River Bank started with a capital of $100,000, which was increased to $200,000 in 1827, and to $400,000 in 1836. In 1844 it was reduced to $350,000, but increased again to $400,000 in 1864, when the institution was incorporated as the Fall River National Bank, No. 500.
The First National Bank of Fall River, organized January 23, 1864, was the first bank in this section of Massachusetts established under the National Bank act, its number being 256. The first capital of $200,000 was increased in 1865 to $400,000. The first president was John S. Brayton, and at his death, in 1904, he was succeeded by his son, John S. Brayton, Jr. Charles A. Bassett was the first cashier, and he was succeeded by Heze- kiah H. Brayton in 1877. C. E. Hendrickson was cashier in 1880, and Everett M. Cook succeeded him in 1887. Frederick W. Davis holds that office today. The headquarters of the bank at first was at the southwest corner of Main and Central streets, and in May, 1888, removal was made to the present building.
The Second National Bank, originally the Wamsutta Bank, received its original incorporation June 4, 1856, the capital being $100,000. The in- corporators were S. Angier Chace, Hale Remington, William Mason, second, S. Angier Chace being elected president and Charles F. Holmes, Jr., cashier. The corporation became a national banking institution, as the Second Na- tional Bank of Fall River, in May, 1864, when the capital was increased to $150,000. Mr. Chace was succeeded by Thomas F. Eddy as president in 1878, and Leontine Lincoln was elected president in 1887. The bank was merged with the Metacomet National Bank in February, 1903.
The National Union Bank, that in 1903 was merged with the Massasoit- Pocasset National Bank, was chartered as the Bristol Union Bank of Bristol, R. I., in 1823. With a capital of $10,000, it began business in 1824, soon increasing the capital to $40,000. The name was changed to the Fall River Union Bank, upon removal to Tiverton in 1830. In 1837 a building was 1
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THE BANKING INSTITUTIONS
constructed for its use at South Main and Rodman streets, but in 1862 headquarters were at the present City Hall building, when the change in the State line brought the bank under Massachusetts laws.
In 1865 the name was again changed to that of National Union Bank, with headquarters at No. 3 Main street. The presidents of this bank were: Barnabas Bates and Parker Borden, the latter until 1838; David Durfee to 1846; Nathaniel B. Borden to 1865; Jesse Eddy to 1874; Cook Borden to 1880; Daniel Wilbur to 1896; Thomas B. Covel to 1903. Nathaniel Wordell and Josiah Gooding were the bank's first cashiers. William Coggeshall was cashier to 1860; Daniel Chapin to 1888; John T. Burrell to 1903.
By the consolidation of the Massasoit and Pocasset National banks and the National Union Bank, the Massasoit-Pocasset National Bank was or- ganized in July, 1903, with a capital of $650,000. Charles M. Shove, who was president of the Massasoit, and Eric W. Borden, who had been its cashier, were chosen to the same positions in the new bank. The present bank building was erected in 1910.
The old Massasoit Bank had its organization June 2, 1846, and was opened for business in December of that year, with a capital of $50,000, which was increased the following March to $100,000, and in January, 1854, to $200,000. The first president was Jason H. Archer, the cashier was Leander Borden, and the directors were: Jason H. Archer, Oliver S. Hawes, Azariah Shove, Nathan Durfee, Henry Willard, Iram Smith, Benjamin Wardwell. Israel Buffinton succeeded Mr. Archer as president in 1852; Charles P. Stickney was president in 1864; Iram Smith in 1878; Bradford D. Davol in 1885; Charles M. Shove in 1890. In 1864 the bank was made a national institution. Leander Borden was succeeded as cashier by Eric W. Borden in 1881. The bank in 1846 had its headquarters at North Main and Franklin streets, and in 1876 it was at the northwest corner of Bedford street and Court square. In 1889 it erected the building later occupied by the Massasoit-Pocasset National Bank. These are the bank officials since consolidation : Charles M. Shove, president, elected 1903, reëlected each year, still serving. Edward E. Hathaway, vice-president, elected 1903, served until his death, May 9, 1911. Thomas D. Covel, vice-president, elected 1903, reelected each year, still serving. Eric W. Borden, cashier, elected 1903, served until his death, May 18, 1921. John T. Burrell, assist- ant cashier, elected 1903; on account of severe illness, was not able to serve; he died February 1, 1904. Frank E. Westgate, note teller, elected assistant cashier September 10, 1912, elected cashier May 31, 1921. Augustus J. Wood, general teller, elected second assistant cashier Jan. 13, 1920; elected first assistant cashier June 7, 1921. Myron F. Bullock, note teller, elected second assistant cashier, June 7, 1921.
The incorporation of the Metacomet Bank took place in 1852-1853, with a capital stock of $400,000. Organization was in the following summer, with Jefferson Borden as president; Azariah S. Tripp, cashier, and the fol- lowing-named board of nine directors: Jefferson Borden, Nathan Durfee, William Lindsey, Philip D. Borden, Thomas J. Borden, Daniel Brown, William Carr, William Marvel, Joseph Crandall. Business was commenced in December, 1853, in the brick building, corner of Water and Pocasset streets. The capital was increased to $600,000 in 1854, and later reduced to $500,000, but in 1906 it was raised to $750,000. In February, 1865, the in-
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BRISTOL COUNTY, MASSACHUSETTS
stitution became a national bank, when its headquarters were removed to the Borden block, on South Main and Pleasant streets. The present build- ing was erected in 1888. Jefferson Borden was succeeded as president by William Lindsey in 1880; by Walter C. Durfee in 1886; by Frank S. Stevens in 1894; by Thomas J. Borden. in 1898; by Simeon B. Chase in 1902. Azariah S. Tripp was succeeded as cashier by George H. Borden in 1888, and by Charles B. Cook in 1891. Milton Reed is vice-president. F. H. Borden was assistant cashier from 1914 to 1917; and he was succeeded by James D. Dearden, 1917 to 1922, and he by Nathan Chace. F. H. Borden was cashier from 1917 to 1922, and that position is now held by James D. Dearden. Arthur B. Derbyshire is also assistant cashier. This bank pur- chased the goodwill of the Second National Bank in February, 1903.
The B. M. C. Durfee Safe Deposit and Trust Company, chartered by an act of the Massachusetts Legislature in 1887, began business July 9, 1888, with a capital of $100,000. The capital of the company was soon increased, first to $200,000 and then to $400,000. The B. M. C. Durfee & Company banking house, formed by B. M. C. Durfee and John S. Bray- ton as partners, was taken over by the company, John S. Brayton being president of the trust company until his death, in 1904. Arthur W. Allen was the first treasurer, and he was succeeded by I. F. Manchester, Jr. The bank is empowered to do a general banking business, act as trustee for estates and individuals, to be executor, administrator and guardian, and to receive and hold for safe-keeping moneys, papers and articles of value. The officers in 1923: President, John S. Brayton; vice-presidents: Thomas E. Brayton, John S. Brayton, Jr .; treasurer, I. F. Manchester, Jr .; assistant treasurer, James D. MacFarlane; trust officer, Arthur W. Allen; board of directors: Hon. James M. Morton, Hon. James M. Morton, Jr., James E. Osborn, Thomas E. Brayton, Frederick O. Dodge, Byron W. Anthony, William L. S. Brayton, Israel Brayton, John S. Brayton, Randall N. Durfee, William H. Jennings, John S. Brayton, Jr.
The Fall River Trust Company, chartered March 6, 1919, was opened for business January 1, 1920. The first officers were: President, Walter E. McLane; vice-presidents, James Sinclair and Michael Sweeney; treasurer, Samuel E. Robinson. James Sinclair was appointed president in 1923; the other officers remain the same. There is both a banking and a savings department, and a branch was opened at Flint Village May 1, 1922. The capital stock of the banking department is $200,000; the savings bank de- posits, $1,337,678.67.
The Fall River Savings Bank is the third savings bank to be estab- lished in the United States, it having been preceded by that at Philadelphia and that at Boston. A charter was granted March 11, 1828, by which Oliver Chace, James Ford, Harvey Chace, Bradford Durfee, John C. Borden, Clark Shove and Hezekiah Battelle were constituted a corporation by the name of the Fall River Institution for Savings. Organization was effected by choice of Micah H. Ruggles as president; Harvey Chace, secretary ; and the following-named board of eighteen trustees: David Anthony, Samuel Chace, Nathaniel B. Borden, John C. Borden, Harvey Chace, Joseph Gooding, James Ford, Bradford Durfee, Richard Borden, John S. Cotton, Clark Shove, Philip R. Bennett, Joseph C. Luther, Jesse Eddy, Enoch French, Hezekiah Battelle, Matthew C. Durfee, William H. Hawkins.
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THE BANKING INSTITUTIONS
James Ford was elected treasurer, and Enoch French, David Anthony, Matthew C. Durfee, Jesse Eddy and Harvey Chace a board of investment. The bank was opened for business May 28, 1828, and on that day sixty-five dollars was deposited by four depositors. The present title, the Fall River Savings Bank, was adopted in April, 1855. The business of the bank was at first carried on in the office of James Ford, the treasurer, and it was removed in 1830 to the store of Hawkins & Fish, on the southeast corner of Main and Bedford streets. In 1841 the bank's headquarters were re- moved to a small building in the rear of the old postoffice, on Pocasset street. Thence it removed to the basement of Dr. Nathan Durfee's house, on North Main street. This house was burned in the 1843 fire, when it occupied the present quarters of the Five Cents Savings Bank, in the Mount Hope block, erected on the site of the former office. It removed to its present building in 1869. The bank formerly paid dividends running as high as eight per cent., and passed a dividend once only, in 1879, which was made up in 1882 by an extra dividend. There is more than fourteen million dollars due depositors. Mr. Ruggles was president of the bank until 1857, when he was succeeded by Nathaniel B. Borden, and he in 1865 by Job French. The next president was William Lindsey, who was fol- lowed in 1888 by A. S. Tripp, who died that year. Crawford E. Lindsey, elected in 1889, was followed in 1894 by Thomas J. Borden, and he in 1902 by Robert Henry. William H. Hawkins succeeded James Ford as treas- urer, and he was followed, in 1833, by Henry H. Fish, and he in 1836 by Joseph F. Lindsey, who held that office more than forty years. In 1877, Charles A. Bassett, who for thirteen years had been cashier of the First National Bank, became treasurer. The officiary of the bank since 1906 follows :
Officers, 1906-Robert Henry, president; Henry C. Hawkins, vice-president; Newton R. Earl, clerk of corporation and secretary of board of trustees. Trustees: Bradford D. Davol, Newton R. Earl, Henry C. Hawkins, Henry K. Braley, Clark Shove, Fer- dinand H. Gifford, Robert Henry, B. S. C. Gifford, George N. Durfee, William S. Greene, Enoch J. French, Charles M. Allen, Chas. P. Brightman, Chas. A. Bassett, David J. Burdick, William H. Jennings, James N. Buffinton, L. Elmer Wood, William F. Hooper. Board of Investment: Henry C. Hawkins, Robert Henry, Chas. M. Allen, D. J. Burdick, L. Elmer Wood. Charles A. Bassett, treasurer.
1907-Trustee Clark Shove died Jan. 13, 1907; Robert Marshall elected trustee Sept. 13, 1907; Trustee Henry K. Braley resigned Dec. 17, 1907. Same Board of Investment.
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