First National Bank, Dublin, IN (Charter 8804)
First National Bank, Dublin, IN (Chartered 1907 - Liquidated 1931)
Town History
Dublin is a town in Jackson Township, Wayne County, in the U.S. state of Indiana. The population was 679 at the 2020 census. In 1910 the population was 704, growing to 727 by 1930.
Dublin was laid out and platted in 1830. It is named after the city of Dublin in Ireland. A post office has been in operation at Dublin since 1833. On October 15, 1851, the Indiana Woman's Suffrage Association was created in Dublin. The Witt-Champe-Myers House was added to the National Register of Historic Places in 1995.
Dublin had one National Bank chartered during the Bank Note Era, and it issued National Bank Notes.
Bank History
- Organized April 30, 1907
- Chartered July 20, 1907
- Opened for business July 30, 1907
- Liquidated January 13, 1931
- Absorbed by 2734 (formerly Charter 70) (First National Bank, Cambridge City, IN)
- Circulation assumed by 2734 (formerly Charter 70) (First National Bank, Cambridge City, IN)
In March 1907, an application to organize the First National Bank of Dublin with capital $25,000, was filed with the comptroller of the currency. The following persons were financially interested: A.D. Gayle, F.M. Taylor, C.E. McKee, G.W. Murray, and David Demree.[3] A charter was issued on July 20th. Lewis W. Craner was president and First Assistant Postmaster-General J.C. New was cashier. J.W. Sparks was vice president.[4] There were 57 stockholders. These stockholders elected the following directors: Corwin S. Larsh, George W. Murray, C.E. McKee, S.W. Pickering, James H. Mason, C.W. Bowker, J.W. Sparks, Lewis Cranor, George Lamberson, Albert D. Gayle, and Frank M. Taylor. The newly elected directors visited Williamsburg to witness the opening of the new national bank at that place.[5]
The funeral of John C. New, cashier of the First National Bank of Dublin, who died in the St. Vincent's hospital at Indianapolis, was held Saturday evening at his late home in Dublin, the Rev. Markland, of Shelbyville, conducting the service. The remains were taken to Kentucky for interment. Mr. New was 33 years of age. He was born in Monterey, Kentucky, December 24, 1879. Educated in the schools of Lexington, Kentucky, he taught for five years in the schools of Owen County. He was also a graduate from one of the Business Colleges of that state. He was united in marriage with Miss Mattie Karsner of Owen county, October 24, 1904. For three and one-half years he was cashier of the Farmers' Bank in Petersburg, Kentucky, coming to Dublin in 1907 where on July 31st, he assumed the position of cashier in the bank of that place. John C. New, Treasurer of the United States from 1875 to 1876 and for twenty years editor of the Indianapolis Journal, and Harry C. New, National Committeeman, were cousins.[6]
In April 1919, Mr. Frank Dennis of Richmond, Indiana, a man with 20 years' experience in Greensfork, Indiana, would take charge of the First National Bank of Dublin until June 1st when Mr. Russel S. Hiatt, cashier of the Bank at Modoc, Indiana, would assume the cashiership.[7] The bank's statement as of the close of business on May 12th showed total assets of $152,651.72, with capital stock paid in $25,000, surplus $5,000, undivided profits $2,685.62, circulation $24,990, and deposits of over $154,000. The statement was sworn to by Henry Myers, president and directors attesting to its correctness were George Lamberson, Charles E. Hiatt, and C.E. McKee with Orange D. Ball, notary public.[8]
On February 6, 1921, Simeon Pickering died at his home near Lewisville of heart trouble. Mr. Pickering was a farmer, banker and businessman. He was one of the largest landowners of Henry County, owning nearly a thousand acres of valuable farm land. He was president of the New Castle Remedial Loan Company, president of the First National Bank of Dublin, and a stockholder in the banks at New Castle and other places in Indiana.[9][10]
In July 1928, the directors were George Lamberson, Chester Laymon, Harry E. Weaver, B.L. Hiatt, C.E. Hiatt, and C.E. McKee. The officers were George Lamberson, president; C.G. Laymon, vice president; and Harry E. Weaver. The bank had capital of $25,000 and surplus $7,000.[11]
In October 1930, a merger of the First National Bank of Dublin with the First National Bank of Cambridge City with the business of both banks to be transacted in the bank building at Cambridge City under the name and style of the First National Bank and Trust Company of Cambridge City was announced. The bank at Dublin was closed and business was carried on in the Cambridge City bank. The Dublin bank was organized in 1907 and was considered as one of the progressive, smaller banks of the county. George Lamberson was president, Chester Laymon, vice president; and Harry Weaver, cashier. The First National Bank of Cambridge City was organized as a result of a need for a financial center for the town which was at the headwaters of the Whitewater Canal which led to Cincinnati. It was changed to a state bank in 1853 with John Hunt as the first president. The bank held charter 70 in the national banking system having had it granted soon after the system came into being. The officers of the bank would be Claude S. Kitterman, president; Paul Ferris, vice president; I.J.L. Harmeier, cashier; and M.B. Kitterman, assistant cashier. The merged banks had a capital of $50,000 and a surplus of $10,000.[12]
A notice dated March 11, 1931, was published stating the First National Bank of Dublin was closing its affairs. Harry E. Weaver was cashier.[13]
Official Bank Title
1: The First National Bank of Dublin, IN
Bank Note Types Issued
A total of $316,660 in National Bank Notes was issued by this bank between 1907 and 1931. This consisted of a total of 25,364 notes (23,480 large size and 1,884 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1902 Red Seal 3x10-20 1 - 188 1902 Date Back 3x10-20 1 - 1970 1902 Plain Back 3x10-20 1971 - 5682 1929 Type 1 6x10 1 - 242 1929 Type 1 6x20 1 - 72
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1907 - 1931):
Presidents:
- Lewis Washington Cranor, 1907-1914
- Henry Myers, 1915-1920
- Frank E. Hoffman, 1921-1924
- George Lamberson, 1924-1929
Cashiers:
- John Curtis New, 1907-1911
- Thomas Joshua Butler, 1912-1918
- Russell S. Hiatt, 1919-1919
- Paul Wiley McKee, 1920-1922
- Sankey Lee Wolfla, 1923-1924
- Harry E. Weaver, 1925-1929
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
Sources
- Dublin, IN, on Wikipedia
- Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
- Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
- Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project
- ↑ The Richmond Item, Richmond, IN, Sun., July 1, 1928.
- ↑ Palladium-Item, Richmond, IN, Fri., Aug. 27, 1920.
- ↑ The Indianapolis News, Indianapolis, IN, Wed., Mar. 6, 1907.
- ↑ The Indianapolis News, Indianapolis, IN, Sat., July 20, 1907.
- ↑ The Richmond Item, Richmond, IN, Wed., May 1, 1907.
- ↑ Palladium-Item, Richmond, IN, Tue., Sep. 3, 1912.
- ↑ The Richmond Item, Richmond, IN, Sun. Apr. 27, 1919.
- ↑ The Cambridge City Tribune, Cambridge City, IN, Thu., May 22, 1919.
- ↑ Tri-County Banner, Knightstown, IN, Fri., Mar. 4, 1921.
- ↑ The Indianapolis Star, Indianapolis, IN, Mon., Feb. 7, 1921.
- ↑ The Richmond Item, Richmond, IN, Sun., July 1, 1928.
- ↑ Palladium-Item, Richmond, IN, Thu., Oct. 23, 1930.
- ↑ The Cambridge City Tribune, Cambridge City, IN, Thu., Mar. 12, 1931.