Page:Historical and Biographical Annals of Columbia and Montour Counties, Pennsylvania, Containing a Concise History of the Two Counties and a Genealogical and Biographical Record of Representative Families.pdf/428

 COLUMBIA AND MONTOUR COUNTIES Vine streets— M. L. Bloom, principal; seventh anii eighth grades, M. L. u loom; fifth and sixth grades. Prudence B lizzard; fourth grade, Mrs. Jennie M oore; third grade, Ruth Frick; second grade, H arriet F r y; first grade, Sara W ilson; janitor, Calvin Eggert. Welsh H ill school— F irst, second and third grades, M. C. M adden: jan iiress, Annie A n ­ derson. Teacher and supervisor o f draw ing, V ir­ ginia O. M cQ uiston; attendance officer, W. E. Young. BANKS

Dam-Ulf N ational Bank This bank is the successor of the Bank of Danville, which w as chartereti by special act of the Legislature, approved A pril 9. 1849. .At a meeting held N ov. 9. 1849, at the “ Mon­ tour House,” the follow ing directors were elected: P eter Baldy, S r., W illiam H. M agill. Geoige A. F rick. W illiam Jcnnison, W il­ liam tionaldson, L ew is Vastine. M. C. G rier, all o f D anville; Thom as H ayes, IvCwisburg, P a.: Jacob Cook. Muncy, P a .; W illiam C. l.awson, Milton, P a .; Jaco b W. Sm ith, Sclinsgrovc. P a .; John Sharpless, Cataw issa, Pa., and John K. Grotz. Bloom sbuig, Pa. .At a meeting of the directors held N ov. 26. 1849Peter Baldy, S r., w as elected president. On Dec. i8th. follow ing. George A. F rick was elected cashier. T he president’s salary was $300 a year and the cashier's On Feb. 19, 185a. when the hank o{>cncd for business, the paid-up capital was Suxi.^fio. In September, 1S 5 1. the capital amounted to $ i 50floo. In February. 1854. it w as $200,000. Oii Oct. 1 3. 1856. Peter Baldy, S r.. resigned from the jiresidcncy and w as succeeded by his son. Edw ard H. Baldy. On .April 22. 1862. O eo^c .A. F rick resigned as cashier, and David C lark w as elected. On A pril 15, 1865. IJ565 shares out o f 2.000 were voted to ch.mgc the institution to a na­ tional bank. A charter w as ap{>lied for. and the B.ank o f Danville has since been con­ ducted as a national bank. On Oct. 17. 18 9 1. Ed w anI II. Baldy re­ signed. owing to failing sight and hearing, and on the 20th o f that month the directors elected David C lark president and George M. Gcaihart cashier. In Dcccmlicr, 1893, Mr. Clark died and the board (Ja n . 17, 1894) elccteosi(s w ere $ 5 ,0 16; a l the present they arc $14 5 0 ,0 0 0. T h e paidup capital is now $200,000; surplus, $i5o/xx>, and total resources, $2,000,000. T he present officers arc W illiam J. Baldy, president; D. R. Eckm an, vice president; M. G. Youngman, cash ier; Fran k Jam ison, assistant cashier. D irectors: W illiam J. Baldy, A lexander Billm cycr, 1>. R. Eckm an, W illiam G. Pursel, E , A. C u rry. F ran k C. A ngle, and Thom as J. Price. T he fine building in which this bank is now housed is its own and w as completed in 1882. It is a two-story granite structure, with a solid granite floor inside. T he interior is finished in an artistic manner, liarmonizing %vith the tone of the building. F irst N ational Dank T h is was the three hundred and twentyfifth iKink organized in the national system, the oiganization taking place Ja n. 25, 1864. T he original capital, §75,000, w as increased Feb. 3, 1865. to $150,000. The first directors w ere: Sam uel Y o rk s, J r ., Christian I-aubach, Charles Fensteriiu chcr. Gcoi^e F. Geisingcr, Fred P ife r, W il­ liam Y o rk s, Gilbert II. Fowler. T he memliers of the present board o f di­ rectors a r e : J. B. Cleaver, O. E. (iotner, I. X . G rier, A le x . Foster, II. T . Hccht, W . L . M c­ Clure, Sam M ow rcr, W . H . Orth, John F . T oolcy, C . G . V an Alen. T h e presidents have been as follow s: .Samuel Y o rk s, J r ., Ja n . 25, 1864, to .Aug. 27, 18 7 9; Christian I.aubach. Sept. 2, 1879. to Ja n . 18, 1 8 8 1 : Thom as Beaver, Ja n . 18, 18 S 1, to M .iy 22, 18 8 3 : D . M . Boyd, M ay 22. 1883, to Sept. 15 . 1898; B . R . Gearhart. Sept. 15, 1898. to Aiareh 28, 19 0 4; I. X . G rier, since M arch 28. 1904. ’I’he cashiers have been as fo llo w s: W . .A. M. (iricr. Ja n. 2 5 .18 6 4 . to A p ril i, 18 6 7; .A. P. E-'owlcr, A pril 1, 1867, lo .April 1, 18 7 0; B. R. G earhart, A pril 1. 1870. to Sept. 15, 1&98; S. A. Y o rk s, ^ p t. 15, 1898, to Dec. 4, 1 9 0 1: W. L. M cClure, since Ja n. 16. 1902. T h e capita] .stock is $15 0 ,0 0 0 : surplus and profits, $300,000: assets. $2,032,000; amount o f dividends paid since organization of the liank, $687,750.