Huntington National Bank, Columbus, OH (Charter 7745)
Huntington National Bank, Columbus, OH (Chartered 1905 - Open past 1935)
Town History
Columbus is the state capital and the most populous city in the state of Ohio. With a population of 905,748 for the 2020 census, it is the 14th-most populous city in the United States. Columbus is the county seat of Franklin County, and also extends into Delaware and Fairfield counties. The population of Columbus was 18,554 in 1860, growing to 290,564 in 1930.
Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812, at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. The city assumed the function of state capital in 1816 and county seat in 1824.
Columbus had 17 National Banks chartered during the Bank Note Era, and 16 of those banks issued National Bank Notes. Columbus also had five Obsolete Banks that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).
Bank History
- Organized March 16, 1905
- Chartered May 17, 1905
- Opened for business June 1, 1905
- Absorbed 4697 May 1, 1923 (Hayden NB/Hayden-Clinton NB, Columbus, OH)
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Still in business as Huntington National Bank (December 2023)
In January 1866, P.W. Huntington & Co., bankers, could be found on the corner of High and Broad Streets. Mr. Huntington was well-known in the community as an energetic, capable and trustworthy business man with previous experience in banking while connected with the Exchange Bank of Columbus. The company advertised all kinds of Revenue Stamps in sufficient quantity to supply all who might call upon them.[1][2]
On May 17, 1905, the comptroller of the currency authorized the Huntington National Bank of Columbus, Ohio, to begin business with capital $400,000. The officers were P.W. Huntington, president; F.R. Huntington, vice president; Theo S. Huntington, cashier; and B.G. Huntington, assistant cashier. This bank succeeded P.W. Huntington & Company, bankers.[3]
Late Monday night, November 8, 1909, Grayson H. Osborn, 55, receiving teller of the Huntington National Bank was arrested for embezzling funds from the bank. He was charged with embezzling $7,000, but bank officials found that the total of his peculations would reach $28,900. When confronted with the charge in the president's office, he strenuously denied knowledge of any shortage. His defense was gradually broken down until he confessed and astounded bank officials with the full extent of his actions. He was bound over to the grand jury which would would meet December 7th and was released after his bail bond of $15,000 was signed by his sister-in-law and daughter.[4]
On March 14, 1923, the largest bank consolidation in the history of Columbus became a certainty when negotiations were completed for the purchase of the Hayden-Clinton National Bank by the Huntington National Bank. The merger would give Huntington National nearly $11,000,000 in additional resources for a total of about $30,000,000. W.C. Willard was president and Stanton G. Prentiss, vice president of the Hayden-Clinton National. Pending improvements at the Huntington which would more than double its operating force and vault space, the Hayden-Clinton would continue in its present location for possibly 10 months as an office of the Huntington. The merger was arranged by Francis R. Huntington, president of the Huntington National, who a few months earlier successfully effected the purchase of the State Savings Bank and Trust Company. That consolidation added $4,500,000 in resources to the Huntingdon bringing its total up to $19,000,000.[5]
Official Bank Title
1: The Huntington National Bank of Columbus, OH
Bank Note Types Issued
A total of $13,240,220 in National Bank Notes was issued by this bank between 1905 and 1935. This consisted of a total of 1,642,672 notes (1,151,100 large size and 491,572 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 4x5 1 - 10750 1902 Red Seal 3x10-20 1 - 8150 1902 Date Back 4x5 1 - 29830 1902 Date Back 3x10-20 1 - 20368 1902 Plain Back 4x5 29831 - 164115 1902 Plain Back 3x10-20 20369 - 104760 1929 Type 1 6x5 1 - 34214 1929 Type 1 6x10 1 - 19798 1929 Type 1 6x20 1 - 7068 1929 Type 2 5 1 - 97792 1929 Type 2 20 1 - 27300
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1905 - 1935):
Presidents:
- Pelatiah Webster Huntington, 1905-1913
- Francis Ropes Huntington, 1914-1927
- Theodore Sollace Huntington, 1928-1931
- Baldwin Gwynne Huntington, 1932-1935
Cashiers:
- Theodore Sollace Huntington, 1905-1912
- Baldwin Gwynne Huntington, 1913-1920
- Edward R. Neal, 1921-1930
- Edward Ravey Brown, 1931-1935
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
Sources
- Columbus, OH, 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