National Bank, Brookville, PA (Charter 3051)
National Bank, Brookville, PA (Chartered 1883 - Open past 1935)
Town History
Brookville is a borough in Jefferson County, Pennsylvania, 80 miles northeast of Pittsburgh. As of the 2010 census, the population was 3,933. Founded in 1830, it is the county seat of Jefferson County.
The area was initially settled in the late 1790s upon the arrival of brothers Joseph and Andrew Barnett, as well as their brother-in-law Samuel Scott, who together established the first settlement at the confluence of the Sandy Lick and Mill Creeks in the area now known as Port Barnett. The first non-Native American settler of the land within the eventual town limits was Moses Knapp, who built a log house at the confluence of North Fork Creek and Sandy Lick Creek (which form Redbank Creek) in 1801.
The 105th Pennsylvania Infantry Regiment, also known as the Wildcat Regiment, was a volunteer infantry regiment that served in the Union Army during the American Civil War and was raised by Amor A. McKnight of Brookville. The Regiment fought in several engagements, including Chancellorsville and Spotsylvania Court House.
Brookville's main source of economic development throughout the 19th century was the lumber industry. Brookville's many creeks and its connection to larger rivers (the Clarion to the north, which, like the Redbank, flows to the Allegheny) allowed for extensive construction of lumber mills along the watersheds and the floating of timber to markets in Pittsburgh. The town enjoyed great economic success during the late 19th and early 20th centuries, serving as home to several factories, breweries, an important railroad stop for local coal and timber, and briefly the Twyford Motor Car Company, which operated from 1905 to 1907 and produced the world's first four-wheel drive automobile.
Brookville had three National Banks chartered during the Bank Note Era, and all three of those banks issued National Bank Notes.
Bank History
- Organized August 25, 1883
- Chartered September 19, 1883
- Succeeded Ira C. Fuller
- Bank was Open past 1935
- Acquired by the Deposit National Bank, Du Bois, PA (Charter 5019) on October 9, 1954
In 1883 Ira C. Fuller conducted a general banking business from a room in American House, Brookville.
On March 2, 1883, it was announced that F.K. Arnold had sold out to Ira C. Fuller, the banker of Brookville. The bargain was made the night before by Ira C. and G.W. Fuller, whereby they became the possessors of the Arnold block, store, bank, etc. The bank would not change hands until July 1st, the time needed to transfer accounts. The was quite a surprise to Reynoldsville.
The National Bank of Brookville organized on Saturday, August 25, 1883, with the following officers: Ira C. Fuller, president; W.D.J. Marlin, vice president; B.M. Marlin, cashier; I.C. Fuller, John Yeaney, F.X. Kreitler, W.D.J. Marlin, N. Taylor, G.W. Fuller, Jos. Darr, directors. In late October 1883, it was announced that new National Bank expected to commence business with capital of $50,000 on November 1st, the 24th anniversary of the birth of the Cashier, B.M. Marlin.
On January 8, 1884, the following officers were elected to serve for the ensuing year: Ira C. Fuller, president; W.D.J. Marlin, vice president; B.M. Marlin, cashier. The directors were Ira C. Fuller, F.X. Kreitler, N. Taylor, W.G. Wanner, John Yeany, and Joseph Darr.
On Saturday, August 1, 1891, stockholders met for the purpose of completing the reorganization as all the old directors resigned and new ones were elected as follows: Henry Truman, Calvin Rogers, G. Loebman, C.Z. Gordon, Thos. L. Templeton, Wm. Dickey, and Charles Corbet. On the same day, the directors elected Henry Truman, president, Calvin Rogers, vice president; Thos. L. Templeton, cashier; and D.L. Taylor, assistant cashier. The capital stock was increased from $50,000 to $100,000. On October 13, 1891, the board of directors decided to purchase a lot for $7,650 for erecting a new banking house. Mr. Charles Hastings was employed to supervise the construction of the building at $3 per day. The building, constructed of stone and brick, contained one of the best vaults in Western Pennsylvania. The walls were 24 inches thick of brick and cement and entirely lined with three-1/2 inch plates of steel. The vault door was made by the Macneal & Urban Safe and Lock Co. of Hamilton, Ohio.
In February 1892, the directors were Henry Truman, Calvin Rogers, William Dickey, Charles Corbet, C.Z. Gordon, G. Loebman, and Thos. L. Templeton. The officers were Henry Truman, president; Calvin Rogers, vice president; Thos. L. Templeton, cashier; and D.L. Taylor, assistant cashier. The bank had capital of $100,000, and surplus and profits of $10,000. Workmen began to tear down the old Endres building adjoining Marlin's opera house on the east. The National Bank of Brookville planned to replace the old structure during the coming season with an elegant stone front building, the first floor of which it would occupy as a banking room. In March the stones for the front of the new building were dressed and prepared for their place in the wall in readiness to be laid as soon as the weather permitted. The whole front of the building would be of "brown stone" with construction to be completed by summer. Early in 1893, the bank moved from its room in the American House building to its newly opened banking house on the opposite side of Main Street.
In January 1903, stockholders re-elected the same directors. They were William Dickey, Calvin Rogers, Charles Corbet, C.Z. Gordon, E.A. Carmalt, Thomas L. Templeton, Frank X. Kreitler. The officers re-elected were William Dickey, president; Calvin Rogers, vice president; T.L. Templeton, cashier; John E. Geist, assistant cashier; and Lawrence V. Deemer, bookkeeper.
In January 1905, the directors were: William Dickey, Calvin Rogers, Charles Corbet, C.Z. Gordon, E.A. Carmalt, F.X. Kreitler. The officers were: President, William Dickey; Vice President, Calvin Cashier. T.L. Templeton; Teller, L.V. Deemer; Bookkeeper, John Brosins. For the Title and Trust Company: Directors, R.M. Matson, H. C. Beach, A.D. Deemer, Gil. C. Reitz, H. Scott, W.N. Conrad, D.L. Taylor, L. Verstine, Q.S. Snyder. President, R.M. Matson 1st Vice President, C. Beach 2d Vice President, A. Deemer; Secretary and Treasurer, D.L. Taylor; Asst. Secretary and Treasurer, John E. Geist; Attorney, W.N. Conrad; Executive Committee, R.M. Matson, H.C. Beach, A.D. Deemer, H.J. Scott, D.L. Taylor.
On Tuesday, January 9, 1923, the stockholders elected the following officers at their annual meeting: Charles Corbet, president; C.Z. Gordon, vice president; William Truman, J.B. McKnight, A.D. Deemer, H.H. Brosius, and L.V. Deemer, directors. The only change was A.D. Deemer in place of William Dickey.
B.M. Marlin, vice president of the Union Banking & Trust Co. of DuBois, died Thursday evening, January 17, 1928. Benjamin McCreight Marlin was born at Brookville, Nov. 1, 1859, the son of William J. and Elizabeth McCreight Marlin. Mr. Marlin was educated in the Brookville Public Schools, the Indiana State Normal School, and the University of Wooster, Ohio, which he left in 1883 to take a position with the Ira C. Fuller Banking House of Brookville. He organized the National Bank of Brookville and served as its cashier for seven years until he was appointed the first examiner of banks for the Commonwealth of Pennsylvania.
On Tuesday, January 10, 1933, the following officers were elected F.C. Deemer, president; L.V. Deemer, cashier; and C.K. Hawthorne, assistant cashier. The directors elected were William Truman, F.C. Deemer, L.V. Deemer, H.H. Brosius, R.E. Brown, J.B. McKnight, and J.E. Geist. Banks throughout the nation, closed since March 6 by the mandatory bank holiday declared by President Roosevelt, began opening on Tuesday, March 14th. The National Bank of Brookville received notification to resume business on Thursday, March 16 without restrictions.
In January 1941, the officers were A.D. Deemer, president; J.B. McKnight, vice president; L.V. Deemer, cashier; C.K. Hawthorne, assistant cashier; A.D. Deemer, J.B. McKnight, F.C. Deemer, William Truman, H.H. Brosius, Major Raymond E. Brown, and L.V. Deemer, directors.
On January 12, 1943, Mr. F.C. Deemer was reelected president as well as the other officers and directors. They were as follows: W.W. Corbet, vice president, L.V. Deemer, cashier; C.K. Hawthorne and V. Stewart, assistant cashiers. The directors were F.C. Deemer, W.W. Corbet, R.E. Brown, Harry N. Nolph, Roy F. Truman, and L.V. Deemer.
In January 1954, the directors reorganized by re-electing all officers to the same positions. They were F.C. Deemer, president; W.W. Corbet, vice president; L.V. Deemer, cashier; and Jack Walker, assistant cashier. Shareholders of the National Bank of Brookville met on September 30th to vote on the proposed sale of the bank to the DuBois Deposit National Bank. Under the proposed agreement, the DuBois Deposit National Bank would maintain an office on the present premises of the Brookville bank, retaining all employees. L.V. Deemer, cashier, who had been associated with the local bank for over 50 years, announced that he would retire upon completion of the transaction. The shareholders voted favorably and the DuBois bank took over the entire business on October 9, 1954.
A complete list of the shareholders who served as directors of the bank follows: Ira C. Fuller, John Yeaney, Frank X. Kreitler, W.D.J. Marlin, Newton Taylor, G.W. Fuller, Joseph Darr, William F. Wanner, E.H. Darrah, Charles Corbet, A.F. Balmer, S.S. Henderson, E.H. Clark, J.D. Orr, Gust Loebman, Henry Truman, William Dickey, Cadmus Z. Gordon, Calvin Rogers, T.L. Templeton, Joseph Bullers, John Gatz, E.A. Carmalt, H.H. Brosius, William Truman, Dr. W.J. McKnight, Alexander D. Deemer, Jay B. McKnight, L.V. Deemer, F.C. Deemer, R.E. Brown, John E. Geist, Frederick W. Edmondson, W. Wakefield Corbet, Harry H. Nolph, Roy F. Truman, and Alexander D. Deemer II.
Vice presidents were: W.D.J. Marlin, Joseph Darr, Calvin Rogers, Charles Corbet, W.J. McKnight, C.Z. Gordon, A.D. Deemer, W.J. McKnight, and W.W. Corbet.
Assistant cashier were: David L. Taylor, John E. Geist, John M. Brosius, L.V. Deemer, C.K. Hawthorne, John V. Stewart, and D.J. Walker.
Official Bank Title(s)
1: The National Bank of Brookville, PA
Bank Note Types Issued
A total of $1,597,360 in National Bank Notes was issued by this bank between 1883 and 1935. This consisted of a total of 187,180 notes (162,524 large size and 24,656 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1882 Brown Back 4x5 1 - 6180 1882 Brown Back 50-100 1 - 568 1902 Red Seal 4x5 1 - 2300 1902 Red Seal 50-100 1 - 580 1902 Date Back 4x5 1 - 6250 1902 Date Back 50-100 1 - 534 1902 Date Back 3x50-100 1 - 1092 1902 Plain Back 4x5 6251 - 29928 1902 Plain Back 3x50-100 1093 - 1382 1929 Type 1 6x5 1 - 3436 1929 Type 1 6x50 1 - 244 1929 Type 1 6x100 1 - 64 1929 Type 2 5 1 - 2064 1929 Type 2 50 1 - 128
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1883 - 1935):
Presidents:
- Ira C. Fuller, 1884-1885
- William D. J. Marlin, 1886-1887
- Edward Henry Darrah, 1888-1889
- Newton Taylor, 1890-1890
- Henry Truman, 1891-1892
- William Dickey, 1893-1912
- Charles Corbet, 1913-1926
- Alexander David Deemer, 1928-1930
- Franklin Clifton Deemer, 1931-1935
Cashiers:
- Benjamin McCreight Marlin, 1884-1890
- Thomas Lucas Templeton, 1891-1906
- Lawrence Vernum Deemer, 1907-1935
Other Bank Note Signers
- Calvin Rogers, Vice President 1892...1906
- There are currently no known Assistant Cashier bank note signers for this bank.
Wiki Links
- Pennsylvania Bank Note History
- General information on Brookville (Wikipedia)
- General information on Jefferson County (Wikipedia)
- General information on Pennsylvania (Wikipedia)
Sources
- Brookville, PA, 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
- Pittsburgh Post-Gazette, Pittsburgh, PA, Sat., Mar. 3, 1883.
- The Jeffersonian-Democrat, Brookville, PA, Tue., Aug. 28, 1883.
- The Jeffersonian-Democrat, Brookville, PA, Wed., Oct. 24, 1883.
- The Jeffersonian-Democrat, Brookville, PA, Wed., Jan. 16, 1884.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Aug. 6, 1891.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Feb. 11, 1892.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Feb. 18, 1892.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Mar. 17, 1892.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 22, 1903.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 19, 1905.
- The Brookville American, Brookville, PA, Thu., Jan. 11, 1923.
- Punxsutawney News, Punxsutawney, PA, Wed., Jan. 25, 1928.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 12, 1933.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Mar. 16, 1933.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 23, 1941.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 21, 1943.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Jan. 21, 1954.
- The Jeffersonian-Democrat, Brookville, PA, Thu., Aug. 26, 1954.
- The Brookville American, Brookville, PA, Thu., Oct. 14, 1954.