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First State Bank Is CloselyIdentified WithCity’s HistoryWith a history bound closely with early days, the early days of South Haven, the j No provision wa grey-stone building at the north- j ticnal Banks to loan on mortgagemade for Na-west comer of the Phoenand security or to have savings depart-has a ments, so a state charter wrs grant -Center street intersection _____back-ground as firm as the stone ed and on December 31, 1869, the■ BjSH ■ _ fcg 1 B ■f g V* • m- m m m m • “of its foundation. The foundation of first board of «d rectors consisting the First State* bank of today was (of C. J. Monro* M H. Bixby. Johnlaid back in 1867 when Silas R.Mackey, George C. Palmer. S. P- Moore, Volm yBoardman and Charles J. Monroe Wilscn, Funice FIformed the private banking concern, Ross, Henry W. Williams, and 1Boardman and Monroe. Bcardman were tiect^d.Toe business was profitable from New furniture was installed the start because previously there 1895 at a cost of $1,000.had been no banking facilit.es in In 1897 the names of C. F. HuntSouth Haven. Local stores had kept and O. C. Monroe appeared for theintheir accounts v/ith out-of-townbanks at Kalamazoo or elsewhere. There was no place where residents j of the village rr vicinity engaged lumbering, bark peeling, or Isfirst time in connection with the bank’s history. Today George C. Monroe is president of the bank and Mr. Hunt is cashier. The name ofin iumr • clearing,could borrow moneyy. A * „ 1L A 1 — 4b. — a. lew. tf-. 4 a* •to j its days with the name of the FirstC * ^ 4 ~
Newspaper Details
South Haven Daily Tribune
South Haven, Michigan, US
Sat, Mar 12, 1932
Page 2
Full Page
Clipped by
Susan W.
USA 28 Oct 2022
Other Publications Near South Haven, Michigan
South Haven Messenger
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South Haven Morning Sentinel
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