History of Ionia County, Michigan : her people, industries and institutions, Volume I, Part 28

Author: Branch, Elam E., 1871-
Publication date: 1916
Publisher: Indianapolis : B.F. Bowen & Co.
Number of Pages: 554


USA > Michigan > Ionia County > History of Ionia County, Michigan : her people, industries and institutions, Volume I > Part 28


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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Company B.


First Lientenant Orange W. Van Duyne, Lyons: commissioned December 21. 1861: promoted second Heutenant October 12, 1561; mustered out July 5, 1565.


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IONIA COUNTY, MICHIGAN.


Company D.


Race. Charles N., mustered out July 5, 1865.


Race, Delos M .. mustered out Pily 5, 1865.


Company E.


Sergeant Ernest Synold, Lyons; veteranized December 23. 1863 ; promoted second lieu- tenant Company I.


Mandell. Walter I., minstered out July 5. 1865.


Company F.


Hammond. Benjamin F., died in action June 16, 1864.


Company 1.


Second Lieutenant Ernest Synold. Lyons: commissioned September 1. 1864; promoted first lieutenant May 8, 1865: mustered out July 5, 1865.


SEVENTH INFANTRY.


White, Philo T., discharged for disability December 17. 1862.


TENTH INFANTRY.


Beck, Jacob, mustered out July 19, 1865.


Company E.


Stilwell. Austin A., mustered out July 19, 1865.


ELEVENTH INFANTRY.


Company A.


Chapman. William I., mustered out September 16, 1865.


Company (. Shay, Michael, mustered out September 16, 1865.


Company D.


Freeman, George, mustered out August 28, 1865. Presley, Charles, mustered out May 8, 1865.


Jorsan. Chauncey, mustered ont September 16, 1865. King. Israel M. mustered out August 28, 1865. Kingsley, William S., mustered out September 16, 1865.


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IONIA COUNTY, MICHIGAN.


Company H.


Ball, George IL, mustered out September 16. 1865. Ryan. Edward, mustered out September 16, 1865.


Company F.


Dillingham, Samuel. discharged by order May 12. 1865.


THIRTEENTH INFANTRY.


Baker. Melvin, discharged for disability June 3, 1865.


Ilunter, Robert. discharged for disability May 16. 1862.


Potruff. John, died of disease at Louisville, March 8, 1862.


Potruff. Daniel. died in rebel prison.


Story. Oliver P .. discharged for disability March 8. 1863. Wilder. Hiram, died of disease at David's Island, N. Y., May 16, 1865.


Company D.


Finn. Garrett, died of disease at Ringgold. Ga .. February 28, 1865.


Company / ..


Capt. V. W. Kunderion, commissioned October 4. 1861 : resigned November 12. 1802. Alger. Martin M .. dieil of disease.


Brown, Joseph M. died of disease at home.


Brown. William, enlisted December 23. 1861.


Bovee. Sylvester A .. discharged for disability June 29, 1863.


Barberm. Charles W., discharged for order, July 11. 1865.


Dann. James D .. for disability March 4. 1863.


Dann. Renben C .. discharged at end of service, January 16, 1865.


Everst. John D .. died of disease at Nashville, January 21, 1865.


Principal Musician Jeremiah E. Glines, veteranized January 18, IS64; transferred to Company F. transferred back to principal musician : promoted second lieutenant.


Gillett. Amos, discharged at end of service January 16. 1865.


Hathaway. Norton B. died of disease at home.


Hathaway. York (., died of disease at Chattanooga. October 7, 1813.


Jennings, William. sergeant : discharged for disability.


Little. Andrew. sergeant, veteranized January 18, 18644 : mustered out July 25. 1865. Pratt. William H .. sergeant. discharged.


Sprague. De Witt C., discharged for disability May 2. 1862.


Stevens, Royal F., discharged for disability August 7. 1865. Shoemaker. Thomas, veteranized January 15, ING1; mustered out July 25, 1865. Snow. Richard C., mustered out July 25. 185.


Todd. Samuel W .. discharged for disability September 16, 1865.


Wiser. Angustus, discharged by order Angust 1. 1865. White, John 1 ... corporal : discharged at end of service. January 16. 1865. Warner, Lucins C., veteranized January 18, 1561 : mustered out July 25, 1865.


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Jenks. Lord C., mistered out February 25. 1865.


FOURTEENTH INFANTRY.


Company 1.


Lampman, Peter, discharged at end of service, March 14, 1865.


Wimple, Enoch, ministered ont July 18, 1865.


Hempstead. Robert. discharged for disability at Ypsilanti, Michigan. April 15, 1862.


Company B.


Sanborn, William, mustered out July 18. 1865.


Thompson. Francis, died of disease at Jefferson. Ind., February 5. 1865.


Company D.


Barnard. Charles W., mustered out July 15, 1865.


Thuma. David, discharged by order June 13. 1865.


Breetz, Fred, mustered out July 18, 1865. Davis. George, discharged by order June 7, 1865.


Lockwood. George W .. mastered ont July 18. 1865.


Company F.


Dawson. Richard, mustered out. Sergeant George, died of disease at Murfreesboro, Ten .. March 4. 1863. Sergeant Timothy, veteranized January 4. 1864.


Company II.


Marlett, William IL., mustered out July 18, 1865. Metreary. Robert. mustered out July 15, 1865.


Company 1.


Negley. Adelbert, umstered out July 15, 1865. Rosser. James, died of disease at Vpsilanti, Michigan, March 24. 1862.


SEVENTEENTH INFANTRY.


Sergeant-Major Charles D. Todd. Ionia :. promoted second lieutenant Company D.


Second Lieutenant Charles D. Todd, lonia, commissioned July 1. 1MB: promoted first lieutenant Company E.


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IONIA COUNTY, MICHIGAN.


Company E.


First Lieutenant Charles D. Todd. lonia, commissioned October 19, 1863; wounded in action near Petersburg. July 23, 1864; brevet captain United States Veterans July 23, 1864, for gallant and meritorious services in the campaign before Richmond, Virginia ; honor- ably discharged December 30, 1864.


TWENTY-FOURTH INFANTRY.


McGowan, John, mustered out June 30. 1865.


Reeves, B. J., mustered out June 30, 1865.


TWENTY-SIXTII INFANTRY.


Adjutaut Charles D. Fox, Lyons; appointed October 13, 1862; resigned April 13, 1863. Quarter-Master Sergeant E. V. W. Brokaw. Odessa: enlisted February 16. 1865; honorably discharged June 4. 1865.


Company A.


First Lieutenant Charles D. Fox, Lyons; commissioned September 5, 1862; appointed adjutant.


Campbell. John, enlisted August 7, 1862.


Company 1.


Musician E. V. W. Brokaw. Odessa; enlisted August 12. 1862; appointed quarter- master-sergeant February 16, 1865.


Beam. Ansel Il., mustered out June 4, 1865.


Church, Horace E., died of disease in Virginia, February 1, 1864.


Davenport, Nathaniel, died of disease in Virginia, April 30, 1863.


Godfrey, Augustus C .. killed in battle at Spottsylvania, Virginia, May 12, 1864. Hatch, John F .. discharged by order February 15, 1863.


Ililler, William, mustered out June 4, 1865.


THIRTEENTH INFANTRY.


Corporal John Renick, mustered out June 30, 1865.


Cole. Moses, mustered out June 30, 1865.


HIare, John. mustered out June 30, 1865.


Company E.


Wolverton. Amos, mustered out lune 30. 1865.


Company F.


Vandecar, Spencer A., mustered out June 30, 1865. (20)


.


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IONIA COUNTY, MICHIGAN.


Company 6.


Westfall. Benjamin, mustered out Anne 30. 1865.


Vescelins, Arthur, mustered on June 30, 1865.


Company K.


Captain Fayette Smith, lonia ; commissioned January 9. 1865. mustered out June 30, 1865.


First Lieutenant Laselle C. Brewer, lonia ; commissioned January 9. 1865; mustered out .June 30, 1865.


Second Lientenant John 1. Barnes, commissioned January 9, 1865; mustered out June 30, 1865.


Corporal George M. Vanatta. mustered out June 30. 1865.


Clark. Robert, mustered out June 30. 1865.


Groass, John, mustered out June 30, 1565.


MeVeigh, Henry H., mustered out June 30. 1865.


Smith. James W., mustered out June 30. 1865.


Wilkenbach, Henry, mustered out June 30, 1865.


SHARPSHOOTERS.


Gilbert. John I., enlisted January 7. 1862.


Race, Sidney J., enlisted December 31. 1861.


Race. Charles N., enlisted January 23, 1862.


Company 1.


Bailey, Isaac, mustered out September 30, 1865. Spriggins, Thomas, mistered out September 30, 1865.


Company ".


Watson, John, mustered out September 30. 1865.


Company G.


Taylor, Jesse. mustered out September 30, 1865.


Company II.


Ingham, David, mustered out September 30, 1865. Lett. Sammel, mustered out September 30, 1865.


Company 1.


Jefferson, George W., mustered out September 30, 1865.


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IONIA COUNTY, MICHIGAN.


Battery B.


Ashley. James A .. mustered out June 14. 1865. Choate. Alonzo, mustered out June 14, 1865. Hopkins, Robert, mustered out June 14, 1865.


Battery C.


Tifft. Levi R .. discharged for disability. July 19, 1862. Warren, John, veteranized December 28. 1863.


.


Battery E.


Chute, Elias, mustered out August 30, 1865. Doty. Elwood F., mustered out August 30, 1862. Fessenden. Elias, enlisted January 16, 1862. Kimball. William R .. enlisted January 16. 1862. Segar. Lewis, enlisted January 20. 1862.


Battery G.


Morse. Davis, mustered out August 6, 1865. Morse, Martin, mustered out August 6, 1865.


Battery H.


Tubbs, Adelbert. mustered out July 14. 1865. Isham, William O .. mustered ont July 14. 1865.


Battery Al.


Bradford, George W., mustered out August 1. 1865.


FIFTH CAVALRY.


Company C.


Duff, Norman. mustered out January 4, 1866. Sprague. Robert J., transferred to Seventh and later to First Cavalry.


Company D.


Second Lieutenant Henry If. Hitchcock. Ionia ; commissioned March 31, 1863 ; resigned May 28, 1863.


Canfield. Wilber IL., discharged for disability.


Smith, Harding, discharged by order. Sanborn, Justus, transferred to Veteran Reserve Corps. Sanborn, Enoch, mustered out June 22, 1865.


Sperry. Albert T., transferred to First Cavalry. White, John L., mustered out June 22. 1865. Pennington. William D., enlisted August 18. 1862.


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IONIA COUNTY, MICHIGAN,


SEVENTH CAVALRY.


Major John S. Huston, Lyons; commissioned October 14, 1862; discharged by order February 14, 1864.


Company A.


Second Lieutenant Franklin P. Nicholas, lonia; commissioned October 15, 1862; resigned July 13, 1864. Company F.


Second Lieutenant Joseph Duell, mnstered out March 10, 1866.


Second Lieutenant Winchester T. Dodge: commissioned October 15. 1862: resigned for disability February 22, 1864.


Company H.


McDonald, Roderick, transferred to First Cavalry, November 17, 1865.


Company I.


Cornell, Samuel, died of disease at Ft. Leavenworth, Kansas, June 22, 1865. Fish, Austin O., died of disease at Harper's Ferry, Virginia, April 18, 1865. Lamb, Almou F., mustered out December 15, 1865. McCumsey, George H., mustered out December 15, 1865. Sprague, Robert J., transferred to First Cavalry, November 17. 1865.


Vaughin, Joseph W., mustered out December 15, 1865.


Company M.


Simpson, John F., transferred to First Cavalry, November 17, 1865.


EIGHTH CAVALRY.


Company G.


White, Alonzo L., died of disease March 15, 1862.


Company L.


Cramer, William L., discharged for disability March 1, 1865.


NINTH CAVALRY.


First Lieutenant Matthew B. Bruger, Odessa : commissioned June 30, 1865; commis- sioned second lieutenant October 3, 1863; mustered out August 10, 1865. logle, Charles, died of disease at Lexington, Ky.


Kinney, Chandler, mustered out May 13, 1865.


Lincoln, Fletcher, mustered out September 22, 1865. Monks, Joseph P., mustered out May 13, 1865. Major Augustus, mustered out September 22, 1865.


Sayles, Merritt, corporal ; discharged by order August 10, 1865. Taylor, John, mustered out September 22. 1865.


White, Willlam IL., sergeant, mustered out September 22, 1865.


CHAPTER XXIII.


FINANCIAL INSTITUTIONS.


STATE SAVINGS BANK OF IONIA. -


The State Savings Bank of Ionia, Michigan, was organized December 8, 1896, by V. H. Smith, T. B. Preston, O. S. Tower, Dr. O. R. Long, George Gundrum, G. H. McMullen, F. A. Sessions and S. M. Stebbins. The list of stockholders, however, inchided many other names, but these shares were in smaller lots. The original capital stock was placed at $50,000 and at the start the surplus amounted to $10,000. The first officers of the bank were V. H. Smith, president ; O. S. Tower, vice-president ; F. A. Sessions, cashier.


In 1904 the State Savings Bank absorbed the Ionia County Savings Bank, and in 1907 the capital was increased to $100,000, all capital in excess of $50,000 being earned. This bank is the strongest financial institution in the county. as shown by the statements for the past year. The original State Savings Bank is located at 326 West Main street, the Branch Bank, which was originally the Ionia County Savings Bank, is located at the cor- ner of Main and Second streets.


The present officers of the bank are: T. B. Preston, president ; K. R. Smith, vice-president; W. B. Heath, cashier; A. J. Hemingway, assistant cashier : W. Y. Templeton, assistant cashier. The present directors are T. B. Preston, A. M. Welch. J. E. Morrison, K. R. Smith, Thane Benedict, F. W. Green, George Gundrum and W. B. Heath. The last statement of the bank shows deposits amounting to over $1,050,000 and surplus and undivided profits of over $85,000.


THE NATIONAL BANK OF IONIA.


The National Bank of Ionia, Michigan, was organized on May I, 1901, with a capital stock of $50.000. The organizers and first stockholders of this bank were H. B. Webber, Joseph P. Powell, R. A. Burhans, George E. Nichols, B. F. Hall, R. H. Van Vleck, R. T. Rohler, T. A. Carten,


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IONIA COUNTY, MICHIGAN.


George Liverton, Fred Cutler, Jr., S. W. Webber, Jr., J. O. Probasco, L. M. Greenwood, F. L. Moon, Dr. C. P. Lathrop, A. N. Morse, F. A. Fletcher, E. L. Somers, M. F. Hlatch, C. D. Ransom, H. G. Thornton, W. H. Matti- son, B. B. Hall, M. J. Allen, H. E. Powell, S. E. Phelps, and Rev. W. J. Fierle. The first officers were: H. B. Webber, president; W. H. Mattison, vice-president ; C. D. Ransom, cashier.


The National Bank of lonia is a very strong institution and receives the support of the citizens of lonia. The management is conservative in its methods and very courteous in the treatment of its patrons, and although younger than many of the other banks in the county, few have had a more prosperous existence A new banking house was erected in 1913 and bears the distinction of being the most beautiful bank building in the county and in fact in this part of the state. It is located at 308 West Main street (corner of Main and Second ) and was constructed of terra cotta. The interior of the bank is finished in marble with fixtures of mahogany.


The present officers of the bank are H. B. Webber, president; W. II. Mattison, vice-president ; H. E. Powell, vice-president, and J. H. Smith, cashier. The last statement of the bank shows deposits of $550,000 and a surplus of $15,000.


SARANAC STATE BANK.


The Saranac State Bank was incorporated under the state laws of Michigan, October 25, 1900, with the following persons comprising the list of organizers and first stockholders: Stephen MI. Crawford, Lewis C. David, Hiram N. Lee, Winfield S. Allen, Joseph L. Granger, George Liver- ton, Samuel S. Tucker, Aaron L. Fleming, Francis S. Brower, William Mercer ( estate), Abner F. Noyes, Tracy B. Lowery and Hamilton Walton. The first officers were Stephen M. Crawford, president: Lewis C. David, vice-president ; Abner F. Noyes, cashier. The original capital stock of this bank was placed at $20,000.


This is at present a very strong financial institution as evidenced by the last statement of the bank which shows deposits amounting to $250.000. The capital stock of the bank was increased in July, 1913, to $30.000. The management of the bank has had no change with the exception of the office of cashier, in which William 11. Hunt superseded Aber F. Noyes in July. 1904. Roy T. Weber at present holds the office of assistant cashier. The present stockholders are Stephen M. Crawford. Lewis C. David, Hiram N. Lee, Joseph L. Granger. George Liverton. Hamilton Walter, Millard F. Sargent, Abigail Tucker, Mattie Fleming, Charles E. Huhn, Milton .1.


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. IONIA COUNTY, MICHIGAN.


Benson, Harvey H. Lowery. Chester Adgate. Burt W. Arnold. Charles L. Wilson, Ellis W. Durkee. Amon Otis, Chadrick A. Lee, Gilbert Curtiss, Frank Sherwood. George W. and Esther Potter, Frank Weber, Thomas S. Barber. Winfield S. and Minnie Allen, Herbert I. and Lucinda Courter and Tracy B. Lowery.


The building which the bank now occupies was constructed in 1875 of brick, but was remodeled in 1906 and affords a very commodious place of business. It is located on Bridge street and with the fixtures, which are of oak and metal. it is valued at $4,000. The surplus and undivided profits of the bank according to the last statement was $19.000. Since its organiza- tion fifteen years ago this bank has paid out in dividends, both regular and special, $54,120.


MAYNARD, ALLEN STATE BANK OF PORTLAND.


The Maynard, Allen State Bank of Portland, Michigan, was organ- ized on May 1, 1874, by C. H. Maynard, E. M. Allen and J. B. Rol as a private institution, and was known as the Maynard, Allen Comapny. The capital stock of this bank was originally $10,000 and the first officers were C. H4. Maynard. president, and E. M. AAllen. cashier.


In 1906 this bank was incorporated under the laws of Michigan as a state bank and was known as the Maynard, Allen State Bank and the capital stock was raised to $50.000. This bank does a general banking and loan business and is a strong financial institution, as evidenced by the last statement which shows deposits amounting to $325.000 and a surplus of $20,000.


The present officers of the bank are C. H. Maynard. president : U. J. Maynard. vice-president : F. H. Krist, vice-president ; Richard Bates, cash- ier : Carl O. Derby, assistant cashier. The directors are C. H. Maynard, Fred H. Knox, U. J. Maynard. J. A. McClelland, George W. Allen, W. H. McBride and Richard Bates. The bank has a building in the process of construction which will be ready for occupancy in a short time. It is situ- ated on the east side of Kent street and is being constructed of granite and stone at a cost of $9,500. The interior will be of marble and will furnish very beautiful quarters for this bank.


EDWIN NASH STATE BANK OF CLARKSVILLE.


The Edwin Nash State Bank of Clarksville, Michigan, was established in 1893 by Edwin Nash & Son. It was incorporated in 1911 with the fol-


312


IONIA COUNTY, MICHIGAN.


lowing members as the first stockholders: Fred Robbins, John Whitby, Elmer Winey, E. F. Cool, John Cool. L. A. Scoville, G. S. Mick, Cland Scoville, John Nickerson, W. J. Shanks, F. E. Lane, Jacob Lenhard, G. E. Marvin, 1. Il. Brower, J. A. Clark, G. Wieland, Ernest Nash, E. E. Church, D. F. Walter, C. E. Marvin, A. C. Nash and F. A. O'Harra.


This bank was capitalized at $20,000 and the capital stock has never been changed. The first officers were Fred Robbins, president; L. A. Scoville, vice-president : Ernest Nash, cashier ; Roy Blough, assistant cashier. The building in which the bank is located at present was erected in 1893 and has served the bank in its twenty-two years of existence.


The present officers are L. A. Scoville, president : G. E. Marvin, vice- president ; Ernest Nash, cashier. The last statement of the bank showed deposits of $161,000 and a surplus of $600.


FARMERS AND MERCHANTS BANK OF LAKE ODESSA.


The Farmers and Merchants Bank of Lake Odessa, Michigan, was organized on December 1, 1903. The capital stock of this bank was placed at $25,000 and the stockholders and organizers consisted of about sixty mem- bers who resided in Lake Odessa and vicinity. The first officers were J. J. Eckhardt, president : George A. Weed, vice-president : Samuel Velte, cashier. This bank, although only twelve years old has become a strong financial institution in Lake Odessa and has received good support from the farmers and merchants in this section. The management of this bank is the same as in the beginning. The last statement of the bank shows deposits amounting to over $361,000, with a surplus of $10,000 and undivided profits of over $8,000. This bank does a general loan and banking business and also has a very strong savings department which is strongly supported by the cus- tomers of the bank as the last statement shows savings deposits of $220,000.


PEOPLES SAVINGS BANK OF BELDING.


The Peoples Savings Bank of Belding. Michigan, was organized on May 11, 1803, with the following members comprising the list of stock- hollers. E. R. Spencer, Frank R. Chase, M. A. Reed, Brinton F. Hall, David E. Wilson, John Greenop, I. L. Holmes, L. C. Fales and A. A. Palmer. The first officers were Edwin F. Spencer, president; Frank R. Chase, vice- president, and M. A. Reed, cashier. The original capital stock was placed at $35.000. The bank building was erected in 1893 at a cost of $8,000 and


313


IONIA COUNTY, MICHIGAN.


has furnished ample quarters for the transaction of the business of the bank.


There have been no decided changes in the business of the bank with the exception of the increase in the capital stock in 1902 to $40,000. This bank caters to savings accounts, although the general banking business of the bank such as loans, etc., is well taken care of. The last statement of the bank shows deposits amounting to $339.000 and a surplus of $10,000. The present officers of the bank are Brinton F. Hall, president : Frank R. Chase, vice-president : W. L. Custer. cashier; Ambrose Spencer, assistant cashier. The directors are: Brinton F. Hall, Frank R. Chase. Frank L. Moon, Charles Eddy. George W. Moulton. Fred E. Underwood. George Hoppongh. John G. Hessler. H. L. Page and W. L. Cusser.


WEBBER STATE SAVINGS BANK.


John A. Webber arrived in Portland on May 10. 1870, with his wife and ten-months-old baby, to start the bank of L. Webber & Son. The first office was in the back room of the David Simmons' building and continued there for five years. In 1875 a building was purchased where the new bank now stands. In 1884 the father. Lorenzo Webber, of Elmira, New York. ched. and the business was continued as John A. Webber, banker. In 1891, one-half of the business was given to Lorenzo Webber, son of John A. Webber, and the firm name became John A. Webber & Son. On March 26, 1005. John L. Webber died, but the business continued under the same firm name until the Webber State Savings Bank was organized under the state laws of Michigan and charter of January 2, 1908.


The stockholders at the organization were Edwin A. Buck, Elon .A. Richards. George W. Allen, David McClurg, Charles F. Powers, M. McNamara, William G. Gibbs and the Webber heirs-Mary E. Webber. Lorenzo Webber and Christine ( Webber ) Latta. In 1915 the bank bought the present site of the Webber heirs and erected a new bank building. It is constructed of Bedford limestone columns and walls and is furnished with mahogany fixtures. Just the year prior to this they had installed a burglar- proof door on the money vault which is the best in the county. The bank has a capital of $25,000 and a surplus of $25,000. The deposits at present amount to $325.000. Most of the loans are in first mortgages on farms in the vicinity of Portland. The officers of the bank are Mary E. Webber, president : Edwin A. Buck. vice-president : Lorenzo Webber, cashier; Frank J. Badgley, assistant cashier. The directors are Edwin A. Buck, Elon A.


314


IONIA COUNTY, MICHIGAN.


Richards, Jed HI. Briggs, Mary E. Webber, Lorenzo Webber and Christina Latta.


BELDING SAVINGS BANK.


The Belding Savings Bank was organized in 1889 by D. E. Wilson, F. R. Chase. R. M. Wilson, 11. J. Leonard, J. M. Earle and 11. H. Belding. The capital stock at the time of the organization of the bank was $25,000 and the first officers were D. E. Wilson, president: F. R. Chase, vice-presi- dent : C. E. Hill, cashier. The present home of the bank was erected in 1889 and stands at the corner of Main and Pleasant streets and is valtied at $8,000.


The capital stock of this bank was increased on April 2, 1910, to $50.000. The Bekling Savings Bank has catered to savings accounts and has had a large patronage in the city. The present officers are H. J. Leonard, presi- dent: A. N. Belding, vice-president; W. C. Spicer. second vice-president : W. S. Lambertson, cashier. According to the last statement of the bank it has deposits amounting to $326,820, and a surplus of $15,000. The director- are: A. N. Belding. H. J. Leonard, F. C. Lloyd. W. C. Spicer. M. M. Belding, Jr .. W. P. Hetherington, E. E. Chapple and W. S. Lambertson.


LAKE ODESSA STATE SAVINGS BANK.


The Lake Odessa State Savings Bank was organized in 1888. It was originally established as the Lake Odessa Savings Bank with a capital of $25,000 as a state bank. The first stockholders were all in the Wager family and consisted of H. R. Wager and his wife and Fred Ernest and Nellie Wager. Mr. Wager brought W. J. Percival, the first cashier of the bank. here from tonia, May 21, 1888, and the bank was opened the next day. Samuel O. Hosford drew the books and supplies from lonia in a lumber wagon. All currency and coin had to be brought from lonia with horse and buggy until the railroad was in operation, which was about August 1, of the same year. Mr. Wager's interest was later purchased by local parties, follow- ing which the name was changed to the Lake Odessa State Savings Bank.


The bank was originally on the corner where McCartney's store stands, but this building burned in December, 1894. The bank then was moved to the old wooden building next to the Hotel Burke and was there until October. 1805. when it was moved to its present location. H. R. Wager was president of the bank as long as he held an interest in it. He was succeeded by Judge V. II. Smith : later the office was held by George Y. Fletcher and he was followed by George Liverton. The town was platted in June. 1887. so it


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IONIA COUNTY, MICHIGAN,


was about eleven months old when the bank opened ; thus the bank has always been directly connected with the history of the village.




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