Louis Albert Walton (Marathon, OH)
Louis Albert Walton (May 31, 1876 – July 29, 1938) was the second of three generations of Waltons to serve on the board of directors for the Milford National Bank. He served as president of the bank from 1922 until his death in 1938. He also served as fuel administrator for the city of Milford during the fuel shortage of 1917-1918.
Biography
Early life and family
In April 1898, Walton receives medical degree (M. D.) from Ohio Medical College at the University of Cincinnati. [1] By 1909, he would be recognized as one of the 5 leading businessmen in the city. [2]
On June 17, 1914, Walton would marry Lucy Crittenden Harding, a music teacher. [3]
John L. Walton, son of Louis A. Walton became a director of the Milford National Bank in 1938 upon his father's death. John was the third generation of Waltons to serve on the board of directors, eventually becoming president himself in 1967. [4] [5] After only 3 years of practicing medicine Walton would relinquish his practice to take up other pursuits.[6]
Banking career
In 1907, Walton attended the founding meeting of "Group A" of the Ohio Bankers Association. [7]
In March 1912, Walton became a founding director of the Cumminsille German Bank. [8]He would serve on the board of directors of this bank through at least 1915. [9]
As of his wedding in 1914, he was listed as a director for the Milford National Bank. [10] In 1921, Walton was listed as vice-president for the Milford National Bank. [11] The following year, Walton would become president and remain in this position until his death in 1938. [12][13]
Other career highlights
In 1913, when southern Ohio was inundated with flooding, Walton was appointed to a citizens committee to raise flood relief funds. [14]
According to the American Poland-China pedigree records, in 1915 Walton purchased a pig named Colonel. [15] The following year, he sold swine at an auction. [16]
Walton had inherited "The National Hotel", the primary means of lodging in Milford from J. B. Iuen, the founding president of the Milford National Bank. In 1917, Walton sold the hotel to Christ Ernst. [17]
The winter of 1917-1918 saw a coal shortage for all of Clermont county including the city of Milford. Acting as assistant coal administrator, Walton was quoted as saying "If coal does not come soon we will all shiver together." [18]Attempts to obtain coal from across the river in Kentucky failed, and Walton was reported to have left town though he expected to continue to work with the fuel committee. The coal shortage affected the entire state of Ohio and led to calls for more train yard space and coal hopper cars. [19] [20]
Later in 1918, Walton would be elected to the executive committee of the Milford Businessmen's Club and participate in the liberty loan campaign. [21] [22]
Walton was an active Mason. In 1925, he was listed as secretary of the Milford Masonic Temple Association. [23] In 1929, he was the master of ceremonies for the presentation of 50-year awards to three masons in the Milford lodge. [24]
Later life and death
Dr. Louis A. Walton died at his home on May 31, 1938 at the age of 61 after suffering a brief illness. [25]
Bank Officer Summary
During his banking career, Louis A. Walton was involved with the following bank(s): [26]
- Milford National Bank, Milford, OH (Charter 3234): Vice President 1921; President 1922 - 1938
References
- ↑ Cincinnati Enquirer April 27, 1898
- ↑ Cincinnati Enquirer August 19, 1909
- ↑ Cincinnati Enquirer June 21, 1914
- ↑ Cincinnati Enquirer August 6, 1938
- ↑ Cincinnati Enquirer October 17, 1967
- ↑ Cincinnati Enquirer July 30, 1938
- ↑ Cincinnati Enquirer October 16, 1907
- ↑ Cincinnati Enquirer March 3, 1912
- ↑ Cincinnati Enquirer January 14, 1915
- ↑ Cincinnati Enquirer June 18, 1914
- ↑ Rand McNally Bankers Directory 1921
- ↑ Bankers Monthly, Volume 39 1922
- ↑ Cincinnati Enquirer July 30, 1938
- ↑ Cincinnati Enquirer March 28, 1913
- ↑ American Poland-China Record, Volume 67 1915
- ↑ American Swineherd
- ↑ Cincinnati Enquirer September 17, 1917
- ↑ Cincinnati Enquirer December 18, 1917
- ↑ Lancaster Eagle-Gazette February 17, 1917
- ↑ Cincinnati Enquirer April 25, 1917
- ↑ Cincinnati Enquirer July 10, 1918
- ↑ Cincinnati Enquirer October 6, 1918
- ↑ Cincinnati Enquirer April 13, 1925
- ↑ Cincinnati Enquirer June 6, 1929
- ↑ Cincinnati Enquirer August 6, 1938
- ↑ Banks & Bankers Historical Database (1782-1935), https://bbdata.banknotehistory.com.