USA > Ohio > Franklin County > Columbus > History of the city of Columbus, Ohio, from the founding of Franklinton in 1797, through the World War period to the year 1920 > Part 42
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The Salvation Army.
The Salvation Army appeared in Columbus soon after its incorporation in the United States in 1899, and has since conducted its well known religious and relief work among the down-and-outs. It maintains an industrial home, collects cast-off clothing, furniture, paper and rags, sets the unemployed at salvage and sells the product. Relief Corps headquarters are at 138 East State street, where a building was a few years ago constructed, and the in- dustrial home at 584 South High street. Adjutant Melvin Calhoun is in charge of the former and Ensign Henry Hesse of the latter.
l'olunteers of America.
In 1904, Major and Mrs. Walter Collins same to Columbus and began the work with a mission at the corner of Long and Third streets. There was a Sunday school and a sewing class in which Mrs. Collins taught girls to cut out and make garments. Later rooms were leased at 116 South Front street and the work of assisting prisoners discharged from the Penitentiary was added. Hope Hall was established in the southern part of the city, and discharged prisoners were given a home till employment could be found for them. An indus- trial department was established, with a repair and salvage department and later a Work- ingmen's Hotel, with capacity for 66 men was opened at 80 South Front street. In the fall of 1914, the Volunteers building at 144 South Front was burned, three lives were lost and the work seriously interrupted. The institution was then moved into the Jaeger block at 1273, thus cleaning up a vice resort and transforming a saloon into a mission house. The hotel is nearly self-supporting and the other work is going forward with the aid of voluntary offerings.
Agencies maintained by the Catholics for the succor and relief of the unfortunate follow. Mention of their hospitals will be found in the chapter on "Medical Profession and Hospitals."
Good Shepherd Couvent.
In May, 1865, a little band of Good Shepherd nuns with Sister Gertrude Molloy at their head, came to Columbus to found a house of refuge for penitent fallen women and to receive children whose home environment was unfortunate or vicious. Rev. Edward Fitz- gerald pastor of St. Patrick's, the sponsor of their undertaking, rented a little home for them on Spring street near Fifth, and charitable Catholics gave them some furniture and other aid to assist them in beginning their work. By the following year it was necessary to secure larger quarters and again by the guidance of Father Fitzgerald they purchased the old Sullivant home with its spacious grounds at the corner of West Broad and Sandusky streets. Here their work grew and flourished. New buildings were added from time to time, and a beautiful chapel was built in 1907 that the inmates might have the advantage of all possible devotion in their reformation and reclamation. The institution has wrought great good in the city, caring as it does for so many delinquent girls and women and housing other weak and degenerates away from the temptations of the world. It is supported en- tirely by the work of the inmates who are all engaged in some useful labor. There are 21
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HISTORY OF COLUMBUS, OHIO
Sisters in the community: 26 Sister Magdalens; 85 Penitents and 75 children in what is called the Preservation Class. Rev. B. F. Hanna is the chaplain and occupies a residence built for him on Sandusky street.
St. Vincent's Orphan Asylum.
An integral part of the charitable work of the city is St. Vincent's Orphan Asylum at the junction of East Main street and Rose avenue. The care of orphan children was first projected in 1884, and the former home of Lonis Zettler on Main, then Friend, street, was purchased and the Sisters of St. Francis secured to take charge of the work. The property consisted of a small house and seven acres of ground, and was dedicated by Bishop Rose- crans on February 2, 1875. Eight orphan girls, formerly cared for at the Good Shepherd Convent, were the first charges. Rev. J. C. Goldschmidt was made chaplain and director, and has remained in charge ever since, planning and carrying out all the work of the institution, as well as the many additions and improvements that have been made in the years that have passed. A large addition was built in 1880; the orphanage church was creeted in 1881, and the south main building was put up in 1892. A fine recreation building was dedicated in 1906 by Bishop Hartley. The buildings make a handsome appearance and fitted up in every way for the good work in hand. There are about 260 children cared for annually at St. Vincent's, in charge of 36 Sisters of St. Francis. Mother Lucy is the superior.
St. . Inn's Infant Asylum.
In a way St. Ann's Infant Asylum is an adjunct of St. Vincent's orphanage, since all the little ones of the former institution who have not been adopted into homes at the age of six are received into St. Vincent's. The Infant Asylum is located at the corner of Bryden road and Rose avenue and was built in 1907 under the auspices of the Rt. Rev. Bishop, who solemnly dedicated the building on June 11, 1908. Mother Hermana and four Sisters of St. Francis took charge. The scope of the work extended so rapidly, demonstrating the necd which had long existed for this phase of charity, that more room became necessary and a commodious addition was built, and dedicated by Bishop Hartley in 1916, making the institu- tion very complete and up-to-date. There is a chapel in the new building, and screened sleeping porches for the children. A maternity hospital is now conducted in connection. There are about 110 small children in the asylum in charge of seven Sisters, and a number of lay nurses.
An adjunct of the institution is St. Ann's Guild, formed to assist the Sisters in clothing the children. There is a large membership, active and associate, some of whom sew at the asylum every Friday afternoon during the year. Mrs. John C. Snee is the president of the Guild at present.
Sisters of the Siek Poor.
In the year 1912, at the invitation of Bishop Hartley, the Sisters of the Sick Poor from . New York City, took up work in Columbus. The Sisters take care of the sick poor in their homes, and furnish them with medicine, food and clothes. The Bishop gave them as their Convent home the house adjoining St. John the Baptist Church on Lincoln street, which he had fitted up for them, with a tiny chapel on the second floor. To support the work societies of St. Vincent de Paul were organized in all the city parishes at the request of the Bishop, and a Central Council was formed which conducts the business of the allied branches in monthly meetings. The Sisters work to the great spiritual as well as material benfits of the poor of Columbus and are greatly beloved wherever they go. Many organizations and individuals also gave to the Sisters.
Federated Jewish Charities.
The Federated Jewish Charities, combining all the agencies of local and outside Jewish relief work was organized in 1909. A branch of this, the Jewish Educational Alliance, is a social settlement agency. The Hebrew Free Loan Association is another. The purpose of all these agencies is to aid Jews who are indigent or in distress. The headquarters was at 498 East Mound street until Joseph Schonthal in 1918 bought the Hoster residence, 555
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CHARITABLE ORGANIZATIONS
East Rich street, appropriately remodeled and fitted it up and gave it to the federation as the Hermine Schonthal Community Home, in memory of his wife. Kindergarten rooms, gymnasium, domestic science kitchen and sewing room, library, music room, play rooms, elinie for diseases of the ear, eye, nose, throat and teeth, parlors and assembly room are some of the features of this home. Joseph Hyman is superintendent of the federation and Rose Luper is supervisor of the Home, the ineome of which is from subscriptions.
A little later Mr. Schonthal gave a 10-room brick residence adjoining the Home to be used in the care of infants of five years and younger and to be known as the Jewish Infants' Home of Ohio. Mr. Schonthal is president and Mr. Hyman secretary of an or- ganization of Jews in different cities of the State who will support the infants' home, the first of its kind in Ohio.
Central Philanthropic Council.
The Central Philanthropic Council was organized in 1910, on the recommendation of Francis H. McLean, of the Russell Sage Foundation, who had been asked to make a survey and report. Its purpose is to bring all the social ageneies of the city into co-operation, to discover new needs and consider existing and new work, with a view to greater achievement. It is composed of representatives from the various existing social agencies and of individual social workers. Its presidents have been George W. Lattimer, Wm. G. Benham, Dr. James E. Hagerty, Dr. M. B. Hammond, Osman C. Hooper, Rev. Timothy Lehman and Mrs. Linus B. Kauffman. With the exception of the first year, when Wm. G. Benham served the seere- tary has been the superintendent of the Associated Charities.
CHAPTER XXXI. FINANCIAL INSTITUTIONS.
The Franklin Bank of Columbus-Clinton Bank-State Bank of Ohio-Other Early Banks and Bankers-Present Day Institutions-The Clearing House Association-Building and Loan Associations-Stock Exchange.
In the period to which the founding of Columbus belongs, money was scarce and banking facilities were crude. The silver coin current was largely of Spanish origin and the notes issued by banks were of uncertain value. To provide a better currency, the General Assem- bly, February 23, 1816, passed a law incorporating six banks with a capital of $100,000 each. One of the six was the Franklin Bank of Columbus. Each of these banks was permitted by the charter to incur debts to three times the amount of its capital, and the capital itself could be increased by vote of the directors to $500,000. One-half the capital, it was re- quired, should be paid in specie, and one share in every 25 was set apart to the State in lieu of taxes, dividends being reinvested in stock until the State-owned stock should amount to one-sixth of the capital stock of the bank.
Organization of the Franklin Bank of Columbus was effected in September, 1816, the first board of directors being: Lucas Sullivant, James Kilbourne, John Kerr, Alexander Morrison, Abram I. McDowell, Joel Buttles, Robert Massie, Samuel Barr, Samuel Parsons, John Cutler, Robert W. McCoy, Joseph Miller and Henry Brown. Lucas Sullivant was the first president and A. J. Williams the first cashier. John Kerr became president in 1819 and Gustavus Swan in 1823. William Neil became cashier in 1818 and Jonah M. Espy in 1826. The bank prospered, established itself in a handsome building of stone with Doric columns in 1834, and had a creditable carcer until the expiration of its charter in 1843. In Janu- ary, 1845, a reorganization was effected and the Franklin Bank, a branch of the State Bank, began business at the southwest corner of High and Town streets, with Gustavus Swan as President. Later the stock of the bank was sold to D. W. Deshler, W. S. Sullivant, Orange Johnson, and others, and Mr. Deshler became president, serving until the closing of the bank in 1854. It turned over to the Franklin National Bank, which succeeded it, $400,000 de- posits. In this last named, D. W. Deshler, Wm. G. Deshler, John G. Deshler, Walstein Failing and James L. Bates were directors. Its capital was $500,000. D. W. Deshler was president and Joseph Hutcheson cashier. At the death of D. W. Deshler in 1869, John G. Deshler became president, and at his death in 1887, the bank was closed.
The second bank to be established in the city was the Clinton Bank of Columbus, which was chartered in 1831, the first directors being William Neil. Christopher Neiswander, David W. Deshler, Demas Adams, John Patterson, Jesse Stone, Noah H. Swayne, Joseph Ridgway, Bela Latham, William S. Sullivant, William Miner, O. W. Sherwood and Nathaniel Medberry. Wm. Neil was the first president, serving till 1816, when he was succeeded by Wm. S. Sullivant. John Delafield was the first cashier, then John E. Jeffords, then David W. Deshler. Win. G. Deshler was for ten years teller. At the expiration of the charter, the principal stockholders organized as the Clinton Bank and continued the business. The Clinton Bank did a large business outside of the State and was a United States deposi- tory of funds for payment on government work.
In 1815. the State Bank of Ohio, with 44 branches, was created by act of the General Assembly. The Franklin Bank, as already stated, became a branch. In the same year. the City Bank of Columbus began business under a provision of the same act at the southeast corner of High and State streets, occupying the same rooms as the Columbus Insurance Co., which was chartered in 1832. The stockholders in one institution were largely stockholders in the other, and so with the directors. The business of the two naturally became mixed. Joel Buttles was president till his death in 1850; Robert W. McCov from that time till his death in 1856. Both the bank and the insurance company finally failed, the latter in 1851 and the bank in 1857. Thomas Moodie was cashier of the bank during its entire existence. The notes of the bank in circulation, being secured by the deposit of State securities, were ultimately redeemed by the State.
The Exchange Bank began business in 1815 as a branch of the State Bank, capital
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$125,000. Its first directors were: Wm. B. Hubbard, D. T. Woodbury, Edwards Pierrepont, Oren Follett, Lincoln Goodale, and Peter Hayden. Wm. B. Hubbard was its first president and H. M. Hubbard its first cashier. In 1856 D. W. Deshler became president, C. J. Hardy cashier and P. W. Huntington teller. At the expiration of the bank's charter in 1864, the National Exchange Bank was organized with Wm. Dennison, D. W. Deshler, Wm. A. Platt, W. B. Hawkes, James S. Abbott and Wm. G. Deshler as directors. David W. Deshler, first president, was succeeded at his death in 1869 by Wm. G. Deshler. C. J. Hardy was cashier. The bank at once became a United States depository and so remained till it was discontinued.
The State Bank of Ohio, which was created in 1845, was managed by a board of con- trol in which each branch had one representative; the board met semi-annually in May and November. At its first meeting, July 15, 1845, Gustavus Swan was chosen president and James T. Claypoole secretary. Judge Swan was president till the November meeting in . 1854, when Dr. John Andrews, of Steubenville, was elected and served till 1866. Joseph Hutcheson was president from 1866 to 1870, when the board dissolved. James Gillet suc- ceeded Mr. Claypoole as secretary in 1847 and was succeeded by John J. Janney in 1850. Mr. Janney served till 1865; R. C. Hull from that date to the end. The board of control occupied the room now used by the Capital City Bank at High and State streets. In 1852 it established a clearing bureau at which mutilated notes could be exchanged for new, and the exchanges were numerons. There was great excitement at the time of the failure of the City Bank in 1854, but the depositors were all fully secured. At the last meeting of the board arrangements were made for the redemption of the outstanding notes of all branches of the State Bank, then aggregating $360,021.
In July, 1850, John F. Bartlit and F. K. Hulburd established a bank with $10,000 capital. B. E. Smith became a member of the firm in September, 1851, Mr. Hulburd retired in 1883, and the firm name became Bartlit & Smith, with a capital of $20,000. William Ferson was cashier. The business was closed in 1877, Mr. Smith's railroad troubles at that time causing a failure. The creditors were never paid in full.
Miller, Donaldson & Co. began a private banking business in 1854, at the corner of High and State streets. The partners were John Miller, Luther Donaldson and A. H. Greene. The last named retired in 1857, but the business was carried on successfully until 1889. Mr. Miller died in 1887, and Mr. Donaldson a few months after the closing of the business.
Rickly & Brother (S. S. Rickly and J. J. Rickly) began a banking business in 1857. The last named retired in 1870 and S. S. Rickly conducted the business alone till 1875, when the Capital City Bank was incorporated, with W. S. Shrum, J. W. Souder, George W. Bright, S. S. Rickly and R. R. Rickly as directors. S. S. Rickly became president and R. R. Rickly cashier. The first Riekly Bank was located opposite the State House, the second at the corner of High and State, where the Capital City Bank was organized and still does business.
The First National Bank commenced business December 7, 1863, capital $300,000, with Peter Ambos, Wm. Monypeny, E. T. Mithoff, W. B. Brooks and D. A. Randall as directors. Mr. Ambos was president until his death, when Wm. Monypeny was elected; Theodore P. Gordon was cashier. In 1890 the bank was closed by order of the directors and reorganized as the National Bank of Columbus, with the same officers. When the ranks of its active workers had been depleted by! death, it was, June 15, 1897, merged with the Fourth National Bank, the consolidation taking the name of the New First National Bank. The Fourth National Bank had been organized and conducted by W. E. Ide and Nicholas Schlec. Charles R. Mayers was the organizer of the new bank and became its cashier, with Mr. Schlee as president and A. D. Heffner vice president. Mr. Mayers succeeded Mr. Schlee as president, Charles M. Wing became vice president on the death of Mr. Heffner, and Charles R. Shields became cashier. The bank occupied rooms at 299 North High street until 1905, when it moved into its own nine-story building, 31-33 North High street. The bank's capital is $500,000. It is the oldest national bank in Columbus and was the pioneer in dealing in municipal bonds.
In 1863, W. E. Ide, I. C. Bailey and Nicholas Schilec began a banking business as Ide, Bailey & Co. It was succeeded in 1867 by Bailey, Thompson & Co. (L. C. Bailey and John G. Thompson), who in 1876, with B. E. Smith & Co. and W. E. Ide, organized the Cen-
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HISTORY OF COLUMBUS, OHIO
tral Bank, with W. E. Ide as president and L. C. Bailey as cashier, which had a short but honorable career.
P. W. Huntington & Co, commenced business January 1, 1866. The partners were P. W. Huntington and D. W. Deshler. After the latter's death in 1869, Mr. Huntington carried on the business alone, ereeting a handsome stone building at the southwest corner of High and Broad streets. His sons entered into the business with him, and July 1, 1905, the bank was organized as a national bank. Later the twelve-story Harrison building, High street, opposite the State House, was bought and on June 1, 1916, the bank moved into it. P. W. Huntington, who had from the first been the directing force of the business, died in 1918; and the bank is now officered as follows: F. R. Huntington president, T. S. Huntington vice president, B. G. Huntington cashier. The capital stock is $500,000.
In 1869, David W. Brooks organized the banking firm of Sparrow, Hines & Co. (Thomas Sparrow, O. P. Hines, David W. Brooks, and James M. Walker). When Mr. Sparrow died, his interest was bought by David Taylor, and the firm name became Hines, Taylor & Co. On the death of Messrs. Hines and Taylor, C. P. L. Butler and Theodore H. Butler came into the firm, which was then known as Brooks, Butler & Co. At the death of Mr. Brooks in 1891, his interest was bought by his son, Herbert Brooks who, after the death of C. P. L. Butler a few months later and the financial embarrassment of Theodore Butler, successfully accomplished the liquidation of the bank, closing a career of nearly a quarter of a century.
The Citizens' Savings Bank was incorporated in July, 1873, eapital stoek $100,000, with these directors: Henry Miller, John R. Hughes, E. L. Hinman, John Beatty and A. D. Rodgers. John Beatty was president and Frank R. Shinn eashier. During the first fifteen years it paid $165,000 interest to savings depositors. The death of Messrs. Hinman, Rodgers and Beatty robbed the bank of its aetive managers, and in 1906 its business was bought by the Ohio Trust Company, which then became the Citizens' Trust and Savings Com- pany.
The banking house of P. Hayden & Co. (Peter Hayden, Joseph Huteheson and Wm. B. Hayden) was organized in 1866. Mr. Hutebeson retired in 1871, and the firm was com- posed of Peter Hayden, Wm. B. Hayden, Charles H. Hayden and Edward K. Stewart, the latter being eashier. Peter Hayden died in 1888, but the firm name and business continued as before. The bank's first location was at 13 South High street, but it was subsequently removed to the Hayden building, East Broad street, and became a national bank. In Jan- uary, 1900, it became a part of the present Hayden-Clinton National Bank.
Reinhard & Co. (Jacob Reinhard, Thomas Miller, Joseph Falkenbach and Frederick Fieser ) began business December 1, 1868, capital stock $20,000. Mr. Miller soon retired, Mr. Falkenbach remained till 1884, and Mr. Fieser died in 1891. Mr. Reinhard died soon after, and the business went into liquidation in 1892.
In 1869 Orange Johnson, F. C. Sessions and J. A. Jeffrey established the Commercial Bank at the corner of High and Long streets. This was succeeded in 1881 by the Com- mercial National Bank, capital $200,000, with the following dircetors: Benjamin S. Brown. T. Ewing Miller, C. D. Firestone, Wm. G. Dunn, John JJoyce, M. MeDaniel, Walter Crafts and W. A. Mahoney. F. C. Sessions was president and W. H. Albery cashier. Mr. Sessions died in 1892 and was succeeded as president by Benjamin S. Brown, who died in the follow- ing year and was succeeded by Walter Crafts, who served until his death, August 3, 1896, when William T. Cope became president and served till December 31. 1901, when he re- signed. William F. Goodspeed was elected president in January, 1902, and served until his death, February 4, 1905, being succeeded by William F. Hoffman, who served till his death, March 25, 1914. George A. Archer was elected president in 1911 and is still serving. Mr. Albery served as cashier till 1897; Wm. F. Hoffman from 1897 to 1905; George A. Archer from 1905 to 1911, Murray Hoffman from 1911 to the present time. The present capital stock of the bank is $300,000, and the surplus earnings now amount to $188,000. Of the original incorporators, D. S. Gray, W. H. Albery and D. E. Putnam are the only survivors, and the last named is the only one who is still a stockholder.
The Clinton National Bank was organized January 1, 1887, capital $200,000, with MI. M. Greene, M. A. Daugherty, W. M. Greene, H. A. Lanman and R. S. Warner as directors. M. M. Greene was president and F. W. Prentiss was cashier. Its place of business was the northwest corner of High and Chestnut streets. January 9, 1900, the Clinton National
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FINANCIAL INSTITUTIONS
and the Hayden National were consolidated with a paid-up capital of $500,000, under the name of the Hayden-Clinton National Bank, F. W. Prentiss president, and the institution occupied the rooms in the Hayden building, East Broad street. July 5, 1910, the Hayden- Clinton took over the business of the Deshler National Bank; the capital stock was in- creased to $700,000, and Wm. G. Deshler, John G. Deshler and R. S. Warner became directors. Wm. C. Willard is president and Wm. P. Little cashier and, besides these officers, the directors are Charles H. Hayden, F. W. Sehiumacher, Carl J. Hoster, David S. Gray, James Kilbourne, John G. Desliler, R. S. Warner and Stanton G. Prentiss.
The Ohio Savings Bank began business in August, 1888, with $37,500 capital stock paid in. The directors were as follows: John Siebert, Isaac Eberly, Louis Siebert, Fred Theobald, Fred Lazarus, A. W. Krumm, Philip Lindenberg, F. M. Mooar and Emil Kiese- wetter. John Siebert was president, Isaac Eberly vice president and Emil Kiesewetter cashier. On May 17, 1893, the capital stock was increased to $150,000, and four years later the company was reorganized as the Ohio National Bank, capital $400,000. The direc- torate at that time was the same except that Mr. Mooar had retired and George J. Hoster, C. F. Mayers and Conrad Born had come into it. The bank's first place of business was at 244 South Iligh street, then at the southeast corner of High and Main streets. In 1911, the company occupied its own new building at the southwest corner of High and Town streets. In 1908 Mr. Siebert retired as president and was sueceeded by Emil Kiesewetter, now serving. Frank L. Stein is vice president and Edwin Buchanan cashier.
The Deshler Bank began business May 1, 1879, with a capital of $100,000. Its pro- moters were William G. Deshler, George W. Sinks, and John G. Deshler, Jr., Mr. Sinks being president and John G. Deshler, jr., cashier. It occupied rooms at the northwest corner of High and Broad streets, where the Deshler Hotel now stands and where the Exchange Bank had been. On June 15, 1891, the Deshler Bank became the Deshler National Bank, and increased its capital to $200,000, the business of the old being passed on to the new organ- ization. In July, 1910, it was merged into the Hayden-Clinton National Bank.
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