Page:History of Richland County, Ohio.djvu/592

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��HISTORY OF RICHLAND COUNTY.

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��S. Wheeler, Treasurer ; F. Stambaugh, Secre- tary ; M. M. Barber, R. D. Stober, J. L. Barga- lieiser, D. W. Stover, F. Brucker, A. J. Mack, Leroy Parsons, W. H. Gilmore. The Company issued its first policy January 17, 1874. It had considerable difficulty in obtaining the requisite number of notes, as the law required that they should have $50,000 of premium notes, and $10,000 in cash before the Insurance Department would issue a certificate. S. F. Stambaugh and R. J. Butter were authorized to canvass for notes and appli- cations for insurance. At a meeting of the Company, December 25, 1873, they re- ported that sufficient means were received to comply with the laws, and the Com- pany c o m m e n c e d business. It has had a steady, healthy growth until it has over $400,000 capital in notes, and a grow- ing business. It would not be doing the Company justice to omit mentioning its management. Hon.

S. S. Bloom, President, and author to a great ex- tent of the Ohio Insurance Laws, is a man of large experience in the insurance business. He is a careful, conservative man, and is well known in insurance circles. H. E. McMillen, Vice Pres- ident, is a business man, and is Avell qualified for the position he holds. I. S. Wheeler, Treas- urer, is a farmer. He has been a member of the Company since its organization. He is a man of means, and keeps a vigilant eye over

���THE 1IK8T NATIONAL BANK, SHELBY.

��the financial affairs of the Compan3^ S. F. Stambaugh, Secretary, is one of the original organizers of the Company. He solicited a large share of the notes. He has an extensive knowledge of insurance, and is an active busi- ness man. The other members of the Board are all well and favorably known as business men. The Company is well officered, and is a credit to the enterprise of Shelby.

Shelby did not amount to much until the Mansfield & San- dusky Railroad came through in 1846. when it became an excellent grain and produce market. Rolit. Mickey erected the first warehouse in 1846, which isj'et standing and is used in part for a depot. The next warehouse was erected by Henry Ley man in 1847, op- posite Mr. Mickey's warehouse. Mr. IMicke}' afterward, in 1850, erected a ware- house on the west side of town, on the Cleveland, Columbus. Cincinnati & Indian- apolis Railroad, at present occupied by Messrs. H. Davis & Co.. who yearly ship from this warehouse alone about one hundred thousand bushels of wheat, fifty thousand bushels of oats, and large quan- tities of other produce.

From three to four hundred thousand bushels of grain are marketed at Shelby 3'early. The market for many years was much larger than at the present time, the building of new rail- roads serving to create other markets in various

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