Centennial history of the town of Millbury, Massachusetts, including vital statistics, 1850-1899, Part 20

Author: Millbury, Mass; Crane, John Calvin, 1837-; Dunbar, Robert Wayland, 1872- ed
Publication date: 1915
Publisher: Millbury
Number of Pages: 960


USA > Massachusetts > Worcester County > Millbury > Centennial history of the town of Millbury, Massachusetts, including vital statistics, 1850-1899 > Part 20


Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).


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The charter of the Millbury Water Co. was granted by the Legislature, Apr. 19, 1893, to Charles D. Morse, Henry W. Aiken, Esq., Samuel N. Rogers, Samuel E. Hull, Damien Ducharme, and George F. Chase. After a long


289


INDUSTRIES NOT AT A WATER PRIVILEGE


and wearisome struggle, this company succeeded in open- ing its works to the public, Nov. 16, 1895, when the system was put to a public test in town hall square, amid the rejoicing of those who had labored long and hard to secure an adequate supply of water. The annals of the town show that much opposition was shown the enterprise until the final result was achieved. At the time of the opening, eleven miles of pipe, six to sixteen inches in diam- eter, had been laid, sixty-five gates were put in, and sixty- three hydrants set up, with specifications for forty-seven extra hydrants. The capacity of the reservoir on Bur- bank Hill is one million, five hundred thousand gallons.


The first officers and builders of the Millbury Water Co's works were the following :- J. Herbert Shedd, presi- dent, S. E. Hull, Geo. F. Chase, Herbert A. Ryan, treas- urer, Lewis A. Clark, Sylvester M. Snow, J. William Patston, H. N. Wilson. The consulting engineer was J. Herbert Shedd. The engineers were Shedd & Sarle of Worcester, the mechanical engineer was Sylvester M. Snow, the architect was J. William Patston, the con- tractors were the Worcester Engineering Company, which included E. W. Shedd, president, George G. Hunt, secretary, and George H. Sawin. The sub-contractors were: for pipe laying, Lucian A. Taylor; for pumping sta- tion, Jas. S. Miles & Sons, Worcester; for reservoir roof, Geo. F. Chase; for collecting well, Timothy Lyons, Leicester.


The present officers of the company are: President, Lucian A. Taylor; clerk and treasurer, Herbert A. Ryan; directors, Lucian A. Taylor, Matthew J. Whittall, Alfred Thomas, Harry C. Hull, and Herbert A. Ryan; superin- tendent, L. Clarence Rice.


Since its establishment, additional sources for water have been added from nearby land.


19


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HISTORY OF MILLBURY


CHAPTER XXI


BUSINESS: OLD STOREKEEPERS, PRESENT STOREKEEPERS, ARTISANS


The following is a partial list of firms and individuals who were formerly engaged in business in Millbury: AUCTIONEERS :- Luke Harrington, E. Handy.


BLACKSMITHS :- J. W. Green, Philip Lahey, B. O. Paine, Samuel Sawyer.


BOOT AND SHOE MAKERS :- Elijah Dudley, A. Wood and Sons, Goulding and Carleton.


BOOT AND SHOE DEALERS :- N. Goddard and Son, Ira N. Goddard, N. A. Feehan.


CARPENTERS AND BUILDERS :- Jabez Ellis, Loring Foster, Ira Glazier, Loring Jacobs, Charles Lapham, Thomas Tift.


CARRIAGE MAKERS :- J. E. Harrington, Allen and Harring- ton, Stoyle and Harrington.


COTTON MANUFACTURERS :- John Kenney, Smith and Pratt (see industries).


CUT-NIPPER MAKER :- Stephen Taft.


DRUGGISTS :-- B. F. Aiken, Jacob Appel, P. Bellville, Dr. Mansfield, N. H. Sears, E. Thompson & Son, E. E. Wood.


FURNITURE DEALERS :- John A. Clifford, Ferguson & Co., J. D. Fairchild, H. E. Newell, Pierce and Hale.


GENERAL STOREKEEPERS :- Dr. Wm. M. Benedict, Dr. Amasa Braman, Dana A. Braman, Thaniel Cutting, Daggett, Wright & Co., Silas Dunton, Simon Farns- worth, Farnum & Co., Goddard, Rice & Co., E. W. Goffe (Old Common), Holbrook & Co., Jabez Hull


THE ST. CHARLES HOTEL


THE TOURTELOTTE HOUSE


291


BUSINESS: STOREKEEPERS, ARTISANS


(Canal store), Wm. R. Johnson, Sterry S. Kegwin, Lucien S. Learned, Alden B. Lovell, Elias Lovell, John Morse, Otis, Packard & Co., Abraham G. Randall, Redding & Co., Robbins and Dunton, Sylvester Smith, G. Y. Taft & Co., Moses W. Wheeler, Wiswall & Co. (At West Millbury), H. L. Bancroft & Co., Stephen Blanchard, Wm. H. Belcher, Ira D. Bates, Henry W. Blanchard, William E. Gale, Ira Glazier, Ephraim Goulding, Russell Harrington, Henry P. Howe, D. G. Prentice, Sweetser & Co., J. D. Wheeler & Co., A. Wood & Sons.


MILLERS :- Hardy Holman, Mr. King, John Singletary, Richard Singletary, Amos Singletary.


HARDWARE DEALERS :- Crane and Ferguson, Wm. R. Cunningham, Dea. A. W. Lincoln, H. W. Thompson. HARNESS MAKERS :- F. K. Hodgeman, Lawson Snow. HAT AND CAP DEALER :- William Roberts.


STABLE KEEPERS :- Abner Boardman, J. S. Cutting, Hudson H. Hakes, Albert Hathaway, Joseph Harper, Elijah A. Johnson, L. J. Lincoln, E. Lovell & Son, Wm. F. Lovell, Sweetser & Co., H. P. Upham.


MARBLE WORKER :- W. C. Struthers.


MASONS AND PLASTERERS :- T. R. Harrington, Charles Newell.


MEAT AND PROVISION DEALERS :- Bancroft and Faneuf, Charles Brady, Desmarais & Co., Thomas Dolan, John W. Pope & Co., M. Putnam, Joseph Simpson, Lyman S. Waters.


PAINTERS :- Arthur Goodell, William Ryan, David Van Ostrand, M. J. Wheeler.


PAPER MAKERS :- James Brierly & Co., Caleb Burbank, Abijah Burbank, F. H. Newell (see industries).


RESTAURANT KEEPERS :- Allen and Vibbards, A. B. Lovell.


SAW MILL OWNERS :- Gleason & Co., Harry W. Harris. SCYTHE MAKERS :- Hale, Whipple and Waters, Charles Hale, Stephen Taft.


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HISTORY OF MILLBURY


SHINGLE MILL OWNER :- Hardy Holman.


TAILORS :- Bennett & Co., William H. Hudson, Mr. Keating, Abel Waite.


TANNERS AND CURRIERS :- E. N. Childs, A. Wood & Sons.


TIN PLATE WORKER :- J. S. Mallalieu.


WATCH MAKERS AND JEWELLERS :- Henry A. Aiken, J. F. Dodge, Capt. George A. Perry, Henry Waterman, Mr. Wiesman.


Ephraim Goulding, or "Squire Goulding," was noted for having well-nigh any article that could possibly be called for among his various commodities. A stranger came along one day and said to him, after looking over the place, "I see that you have almost everything any- one needs, but I think I can tell of one thing you haven't got, and that is a second-hand pulpit." "My dear sir," said the "Squire," "Please come up stairs," leading the way and sure enough, before the astonished visitor, there stood an old pulpit.


PROTECTIVE UNION STORES.


A Protective Union store flourished here, as in many other towns, sixty years ago. It was located on South Main street, near the crossing of the Providence & Wor- cester R. R. and was in charge of Charles Hitchcock. A little pamphlet then issued had on its cover the follow- ing :- "Constitution of The New England Protective Union, and By-Laws of Millbury Division No. 290, State of Massachusetts-Instituted Sept. 2, 1851." Another of these stores was located at Bramanville on the site now occupied by the general store of Alvan J. Winter.


BUSINESS AT MILLBURY CENTRE, 1914


Max S. Abelson, tailor, Alfred Armsby, electrician, Louis Ballard, garage, Fred Ballargeon, barber shop,


293


BUSINESS : STOREKEEPERS, ARTISANS


Philip Ballard, furniture, Eli Belisle, wood working, Frank Bellville, groceries and provisions,


Alfred E. Bernard, harness making, Joseph H. Boucher, groceries and provisions, Arthur Bourbeau, printing, Edmund Bourbeau, printing, Calvin R. Brackett, cider-works and teaming, Wm. J. Braney, Millbury & Worcester express, Bresnehan Co., groceries,


Brown Brothers, meats and provisions, Charles Buck Edge Tool Co., edge-tools,


George F. Chase, contractor and builder, R. W. Colby & Son, mason work, plastering, Edward H. Coombs, teaming, wood,


James M. Cronin estate, general store, Archibald Dallochie, florist,


Daniel J. Dempsey, news depot, stationery and tobacco, Albert Despard, barber shop, Henry J. Dion, shoe repairing,


Dennis A. Donovan, ice cream, confectionery, J. R. Downing Co., ice,


Damien Ducharme, meats, provisions, and fish,


Dunton & Winter, dry goods and groceries, James H. Ferguson & Co., hardware, plumbing, George K. Fisher, groceries,


Joseph Gagnon, meat, Arthur J. Gillert, drug store,


Fred V. Goodell, painting and paper hanging,


Samuel Goodell, wood dealer, Charles Gravlin, barber shop,


James J. Grogan, liquors, bowling alley, Gertrude A. Hadley, millinery, Herman Goldberg, tailor, Dr. C. H. Hakes, dentist,


Charles H. Hall, furniture, wood carving,


Mrs. A. J. Harris, saw-mill,


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HISTORY OF MILLBURY


Hill Brothers, concrete and granolithic works,


Charles F. Holman, "Millbury Journal, " printing, Home Soap Co.,


Henry L. Hooper, barber shop and bicycles,


Charles E. Horne, road builder,


Henry Houghton, grain dealer,


Wm. R. Howe, lumber and cider works,


James H. Ivory, men's furnishings, engraving,


Clara C. M. Jaques, millinery,


Peter Jacques, builder,


E. L. Kingsley, pharmacist,


Lacoutre Bros., groceries,


Charles Lee, laundry,


Louis Labrec, blacksmith,


Louis Lapierre, barber shop,


H. J. Lavallee, bakery,


Joseph O. Lemoine, groceries, Jeremiah F. Lyons, coal,


Edward McAleer, liquors,


Charles A. Morrison, painting and paper-hanging,


Dennis Mulhane, undertaker,


John J. Mulhane, plumbing,


Michael H. Murphy, livery-stable,


Charles T. Newton, poultry,


Frank Nire, groceries,


Loreto Paletta, groceries,


Peter C. Paradis, dry goods and groceries,


Charles E. Pierce, painter,


Hervey C. Pierce, hardware and plumbing,


David A. Powers, livery-stable,


Putnam and Davis, jewelry, stationery, men's furnishings,


A. W. Rice, coal and lumber,


Martin J. Roach, teaming, Millbury and Worcester express,


Philip Roux, meats and coal,


Herbert A. Ryan, undertaker, florist,


James B. Shay, painting and paper hanging,


295


BUSINESS: STOREKEEPERS, ARTISAN


Hariph M. Smith, undertaker and embalmer, Herbert Stockwell, teaming, Stoddard Rubber Co., rubber tires and tubes, Neil A. Swenson, tailor,


Elizabeth Tebo, bakery, Harry W. Thompson, automobiles, insurance, Edward Trombly, liquors,


Bartholomew Turnan, blacksmithing,


Charles L. Undergraves, boots and shoes,


Henry Van Ostrand, painting,


Patrick H. Walsh, plumbing,


Lyman S. Waters, market, Geo. W. Russell, proprietor, meats and provisions, C. D. Whitney, insurance,


Hosea L. Woodward, carriage painting,


George H. Woodman, blacksmith.


BUSINESS AT BRAMANVILLE, 1915


Wm. E. Bartlett, St. Charles Hotel,


Alfred Budrow, shoe repairing,


Charles H. Colbrook, boots and shoes and general wares, David O. Horne, teaming,


William E. Horne, general store, Anthony Jacques, barber shop,


Mason H. Shaw, dry goods and groceries,


Ernest C. Shellschmidt, blacksmithing,


Joseph H. Sweet, cigars, tobacco, etc.,


Estate of A. S. Winter, dry goods and groceries.


BUSINESS AT WEST MILLBURY, 1915 Florence I. Bentley, store at post office, Wm. H. Fairbanks, carriage-shop, Frank S. Stockwell, builder, Frank F. Watkins, teaming.


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HISTORY OF MILLBURY


CHAPTER XXII BANKS


THE MILLBURY BANK


In 1825, it seemed most desirable that the town have a banking institution. Accordingly, through the efforts and influence of a number of prominent public-spirited citizens, "The Millbury Bank" was established by an act to incorporate the president, directors, and company of the Millbury Bank. Having been passed by the Legislature, this act was approved in June, 1825, by Governor Lincoln.


Seventy-three persons subscribed to the capital stock of $100,000 and on August 11, 1825, the first meeting of the stock holders was held at the home of Simon Farns- worth, Jr. Asa Waters was chosen moderator and Dr. William W. Benedict clerk of the meeting. The directors elected were Asa Waters, Simon Farnsworth, Jr., Gen. Caleb Burbank, Dr. Wm. W. Benedict, Elijah Waters, Jonas L. Sibley, of Sutton, Samuel Wood, of Grafton, Sylvanus Holbrook, of Northbridge, and Austin Denny, of Worcester. The directors were instructed to make all necessary arrangements for putting the bank in operation.


At a subsequent meeting held on the first Monday in October, 1825, Hervey Hartshorn, of Sutton, was chosen as a director and Stephen Blanchard was made clerk of the corporation. Asa Waters was chosen president; Louis Mills, cashier; and Austin Denny, solicitor. The banking room was established in the Farnsworth block. In those days the annual meetings were so largely attended that it was necessary to adjourn to some hall for the tran- saction of business. This institution from the start filled


HON. HOSEA CRANE 1802 - 1879


DAVID ATWOOD 1821 - 1907


-


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BANKS


an important place as an aid to the business men of the community.


Simon Farnsworth, Jr., was chosen president in October, 1829, and he served for ten years. Col. Asa H. Waters was chosen president in 1840 serving for three years. R. D. Chapman succeeded Louis Mills as cashier, in 1839. Jonathan Cary became cashier, in 1843; John Printess, in 1844; Joseph S. Farnum in 1852; and David Atwood in 1853, serving until 1872.


ROBBERY


On the night of Aug. 15, 1843, a package of money, containing about twenty-two thousand dollars, in some mysterious way disappeared from the vault of the bank, for when the cashier opened the safe on the following morning he looked in vain for the amount in the place in which he had left it on the previous evening, but in its place there was a bundle of brown paper resem- bling a package of money. The package lost came from the Suffolk Bank of Boston at which the money of the Millbury Bank was redeemed at the time. As soon as the loss was discovered, the bank officials were notified. The cashier, R. B. Chapman, had been confined to his home for several days by illness and an- other had been working in his place. Mr. Chapman had been in communication with his substitute, so that he had known of the arrival of the package of money from Boston, but he had not had the handling of it on the night before. Consequently, he was not sure that the exchange had been made after its arrival in Millbury. He at once sent for his substitute who was positive that the pack- age was not the same as that which he had placed in the vault the night previous. As the bank in Boston would be able to give the Millbury bank a full description of the bills contained in the package there would be sufficient incentive for those who had taken the valuable package to make an exchange of the bills at once. Col. Asa H. Waters, a wide-awake member of the board of directors, looked into the affairs of the men connected with the bank to find out whether by any chance some trusted official could have had a hand in the removal of the money.


There was more than one key to the bank, but there was sup- posed to be only one to the vault, so it did not seem possible that the safe could have been opened, the money removed, the safe locked again and the robbers vanish into the night, leaving no trace behind them, without the aid of some confederate who had supplied a key. The directors decided that any man who had the audacity to plan so bold a robbery would know that the longer he held the money in his possession, the more difficult it would be to


298


HISTORY OF MILLBURY


get rid of it. Detectives were sent out from an agency in Boston which made a special line of bank work and it was learned that a young, well-dressed man had passed a considerable amount of the Millbury bills in Leicester and Spencer. He was unknown to any of those who had conversed with him and his one distin- guishing feature was colored glasses, supposed to be worn to pro- tect weak eyes. The detective at once concluded that his strong- hold was to seek some young man in Millbury who was known to have unusually strong eyes and who would be most easily dis- guised by so simple a device as colored glasses. Again, the man with the colored glasses was heard of with his face pointing to New York. He had repeatedly passed some of the stolen money, but in none of the places had he been suspected for the reasons, first, that the news of the robbery had not been spread abroad and, secondly, that the ways of the young stranger were pleasing and refined. With all this in his favor it was weeks before the right man was discovered.


The first arrest for the robbery was made at Millbury Center. The detectives had been drawing in their nets until one evening when two widely known young men were arrested at the American Temperance house, a famous hostelry of those times, (the Sweetser house on Elm Street) and not far from the Savings Bank. One of these was employed in a woolen mill which stood where the West End Thread Co's works are located. One of the men was entirely innocent, and was later released. Our venerable fellow citizen, Silas Dunton, guarded one of the prisoners over that night, when much excitement was aroused through the town. The arrest of this young man, detained under the charge of Mr. Dunton, had given the bank people a further clue to work upon, for they concluded that, if this young man would deprive the bank of some of its cash, it was quite likely that his cousin, who worked in the mill with him, would bear watching.


These men had as good a driving horse as there was in this section at the time, and it was stabled in a small barn that stood at the north end of the present thread mill but, although the officers searched this barn many times in an effort to locate some of the money, nothing was found. At this time, however, a man named Frank Darling was employed by Woodward & Gorton as one of the outside men about the mill. His duties, which were varied, sometimes took him into the barn, and one night, after the first arrest in connection with the bank robbery, he had occa- sion to go there late at night. As he was turning to leave the building his attention was attracted by a place in the side of the hay mow, for it appeared as if the hay had been pulled out for some reason and then put back. Upon investigating he discovered a hole there which contained more money than he had ever seen before in all his life.


299


BANKS


Wild with the delirium which money often causes in those who have never had the possession of large sums, for a few moments he was tempted strongly, but he went to his little home nearby and told his faithful wife of the immense pile of money that he had found. He told her that he was going to bring it into the house before some other man got it and that later they would see what would be done with it. She was a good New England woman whose heart was in the right place. She had retired for the night and, rising from her bed, with snapping eyes she pointed her finger at her tempted spouse and said to him, "Frank Darling, if you ever bring one cent of that money into this house, I go out of it and I stay out of it. That money must belong to the bank, and we have not even the right to place our hands on it until the men to whom it belongs have been notified. Don't you come near me again until you have gone down to the village and told Colonel Waters about it." Darling argued that it was too late to disturb Colonel Waters, but the wife replied, "If you are too timid to do it yourself, I will go and I will tell him it is not safe a minute in your hands."


So Darling walked down to the village, roused Colonel Waters, and told him of the discovery. The Colonel was very willing to go to the rescue of the bank's funds, so he accompanied Darling to the barn where a good part of the money was found, but before removing it to his home Colonel Waters examined the money and found that most of it had been exchanged, so that he had no lawful right to take it away, because of his inability to prove the bank's right to it, and he inadvertently expressed himself to this effect in the presence of Darling. He made up his mind, however, that there was no moral doubt that the money all belonged to the bank, as some of the bills were of the kinds known to have been exchanged for those stolen, so he took the funds to his home and early in the morning informed the other officials. Employment was found for Darling far from Millbury and all his cost of moving was paid.


Three other men, all of the same name as the one arrested, were brought before Justice Green at Millbury on the first of Septem- ber and, after an examination occupying part of two days, they were bound over to appear at the next term of the criminal court in Worcester. About three thousand dollars were found on the prisoners when arrested.


Hiram Kenney who had a small brass foundry at West Millbury was well acquainted with all three of the robbers and the principal one, for whom he often did work in brass, was a favorite with him. This man once wanted some keys made in brass, a request which Mr. Kenney thought strange, as the man was a machinist himself, but the desire was explained to his satisfaction, so that Mr. Kenney did the work required. As a result of this work Mr. Kenney died thinking that he had innocently furnished the key


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HISTORY OF MILLBURY


by which the Millbury bank had been robbed, and that perhaps he had furnished keys to other safes.


The three men were convicted of the robbery of the bank and they served various terms of imprisonment. One of them, however, afterwards reformed and became a highly respected citizen and a leading business man of the county.


Simon Farnsworth, Jr., became president of the bank for a second time, in 1843, and served sixteen years, declining to serve longer. He was succeeded by Jonathan Warren of Grafton, in 1860, who had been a director since 1838. On Dec. 15, 1863, he resigned and was succeeded by the Hon. Hosea Crane of Millbury, who had been a director since 1856.


MILLBURY NATIONAL BANK.


In 1864, the Millbury Bank came to a close when it was authorized by the stockholders and empowered by the directors to change and convert the Millbury Bank into the Millbury National Bank in order that the Mill- bury Bank and the Stockholders might avail themselves of the advantages presented by the General Banking Law passed by Congress, June 3, 1864, entitled "An Act to provide a National currency and provide for the Circulation and Redemption thereof, etc." The Articles of Association were adopted Oct. 25, 1864. The Capital remained the same, $100,000. The number of stockhold- ers was ninety-three. The directors were Hon. Hosea Crane, John C. Bacon, Horace S. Warren, John G. Wood, Chas. D. Morse, Thos. J. Harrington. Mr. Crane con- tinued as president and David Atwood as cashier. The new Bank was authorized by the comptroller of the currency to commence business Nov. 6 and the bank com- missioners of Massachusetts authorized the change on Nov. 17, but the bank did not actually commence business as a national bank until Dec. 1, 1864.


On Dec. 9, 1864, the capital stock was increased to $150,000 and, in 1872, it was again increased to $200,000 with a surplus of $35,000. In 1875, the bank had a sur-


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BANKS


plus of $40,000. Substantial dividends were always paid to the stockholders and the sound judgment and business sagacity of the officers and directors soon put the Millbury National Bank among the foremost banking institutions in the state.


The Hon. Hosea Crane who served as president for sixteen years died, in 1879, and was succeeded by Charles D. Morse. Frank C. Miles succeeded David Atwood as cashier and Amos Armsby entered the bank as a clerk, in 1872. Mr. Armsby was elected cashier, in 1875. Horace S. Warren of Grafton was chosen president, in 1896, and Henry T. Maxwell was made cashier in 1897.


In 1881, after occupying the old quarters for more than a half century, the Bank was moved to the Millbury Savings Bank building nearly opposite, on Elm Street, with the National Bank occupying one side of the big banking room and the Savings Bank the other. In 1904, to conform with the law requiring national and savings banks to be entirely separate from each other, extensive improvements were made in the bank building. A glass partition was put through the center of the main floor, new fire and burglar proof vaults were built, steel safe deposit boxes were installed, and a spacious directors' room was added in the rear.


In 1899, the Hon. Samuel E. Hull became president and served until his death, in 1911. He was succeeded by Henry W. Aiken, Esq. Arthur W. Snow, who entered the bank as a bookkeeper, was cashier from 1909 to 1911. In December, 1911, he was succeeded by Leon Rice Part- ridge of Worcester. In 1915, Mr. Partridge was succeeded by R. W. Brigham.


The capital stock has been reduced to $100,000 and again to $50,000.


Since 1864, the following gentlemen, in addition to those previously named, served on the board of directors: William H. Harrington, 1865; David Atwood, 1868; John Rhodes, 1872; Peter Simpson, 1872; L. L. Whitney,


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HISTORY OF MILLBURY


Chas. D. Morse, 1879; Bion B. Howard, 1879; F. E. Lan- caster, 1882; the Hon. Irving B. Sayles, 1882; Amos Armsby, 1883; D. N. Gibbs, of Grafton, 1889; the Hon. Samuel E. Hull, 1896; Augustus S. Winter, 1897; Leander F. Herrick, 1897; Frank E. Powers, 1897; Edward F. Rice, 1907; Henry W. Aiken, Esq., 1909; Frank A. Drury, of Worcester, 1910; Edwin W. Jenkins, of Worcester, 1911; Edward F. Hull, 1912; Alvan J. Winter, 1913.


On May 20, 1913, the bank issued the following state- ment of condition :


STATEMENT OF CONDITION OF MILLBURY NATIONAL BANK AT CLOSE OF BUSINESS, MAY 20, 1913


Capital $50,000.00


Surplus Fund $20,000.00


RESOURCES


Loans and Discounts


$176,043.77


United States Bonds


50,000.00


Bonds and Securities


49,112.50


Due from Banks


46,825.60


Due from U. S. Treasurer


2,500.00


Bond to secure Postal Savings


4,993.75


Cash in Bank


12,967.22


$342,442.84


LIABILITIES


Capital


$50,000.00


Surplus Funds


.


20,000.00


Undivided Profits


12,407.22




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