Quaker City Bank

Stories of Guernsey County by Wm. Wolfe, page 654
     Quaker City National Bank.--Established in 1872, the Quaker City National Bank is the second oldest bank in Guernsey county.  Isaac W. Hall, a heavy stockholder and director of the National Bank of Cambridge, was the promoter of this institution.  The capital stock of the Quaker City National Bank was $50,000, which was increased to $100,000 two years after its organization.  The original stockholders were the following:  Isaac W. Hall, Cyrus Hall, Thomas C. Hall, Joel Hall, Cynah Doudna, Jesse Doudna, W. N. Cowden, T. M. Johnson, Eli Hall, Robert McBurney, Clark Rose, Jonathan Rose, J. R. Johnson, John Smith, Ann Philpot, Maria Philpot, Eli Webster, D. C. Goodhart, William Weaver, Thomas Moore, Jonah Smith, Rosemond Heidlebach, J. T. McPherson, William Rose and Elizabeth Rose.
     For directors the stockholders elected Isaac W. Hall, W. N. Cowden, Jonathan Rose, Thomas Moore, Eli Hall, J. T. McPherson and D. C. Goodhart.  Isaac W. Hall was named president.  He served as such until his death in 1886, when he was succeeded by his son, John R. Hall.  The latter was president until his death in 1924.  H. S. Hartley, now serving, succeeded John R. Hall.  In its seventy years this institution has had but three presidents.  It's cashiers have been as follows:  T. M. Johnson (1872-84), John R. Hall (1884-86), I. P. Steele (1886-1927), H. B. Garber ( 1927-35), G. M. Hartley, the present cashier.  This bank opened for business in a new brick banking house on east Main street.  Here it remained until 1909, when it moved to a modern building it completed that year, at the corner of Broadway and South street.
     Composing the board of directors in 1941 were H. W. Arndt, Blanche B. Hall, F. J. Hall, H. S. Hartley, G. M. Hartley, J. Homer Steele and W. G. Wolfe.  The president was H. S. Hartley; vice president, W. G. Wolfe; cashier, G. M. Hartley; assistant cashiers, Blanche B. Hall and Mabel Arick.
     In 1941 the Quaker City National Bank had a capital stock of $100,000; surplus, $150,000; undivided profits, $17,000; reserves, $80,000; deposits, $1,905,000; total resources, $2, 252,000.    

                              
                                   Central National Bank

Stories Of Guernsey County by Wm. Wolfe, page 652     
     The Central National Bank at Cambridge.--The Central National Bank was established in 1882 with a capital stock of $100,000.  The first president was A. J. Hutchison; the first cashier, W. E. Boden.
     At the corner of Wheeling avenue and West Eighth street the officers of this bank erected a five story building in 1904.  Nearly all of the first floor of the structure is used for banking purposes; the upper floors are used for office rooms.  The present charter dates from 1933, in which year a reorganization was effected.
     In 1941 Fred Raymond was chairman of the board; C. Ellis Moore, president; W. G. Lane and W. D. Archer, vice presidents; T. R. Hazard, cashier; A. C. Duffey, assistant cashier.  The members of the board of directors were W. D. Archer, G. Roy Boyd, T. R. Hazard, C. A. Johnston, W. G. Lane, C. Ellis Moore, W. T. O; Malley Fred Raymond and J. C. Thompson.
     This bank had a capital in 1941 of $125,000 (com.), $25.000 (pref.); surplus, $36,000; undivided profits, $25,000; deposits, $1,222,000; other liabilities, $2,000; total resources, $1,435,000.

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