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OHIO GENEALOGY EXPRESS
A Part of Genealogy
Express
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Welcome to
Van Wert County,
Ohio
History & Genealogy |
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Van Wert -
EMERSON, MARBLE & CO.
The members of this old and highly successful banking firm have long
been connected with the active business interests of this part of
the State. Dr. Emerson, the senior member of the firm,
established the first bank in this section of the country,
under the style of Emerson & Walls. Agriculture being
more to the taste of Mr. Wells, he early retired from the
firm and removed to his farm, west of Van Wert, the business being
continued by C. Emerson until 1864, when, in connection with
Mr. D. Burt and others, the business was merged into the
First National Bank of Van Wert in 1869. For health reasons
Dr. Emerson removed to Colorado, establishing in that new and
progressive State two banks, which are among the leading
institutions of the State. J. M. C. Marble, Esq.,
established the First National Bank in this District, which has
proved one of the most successful institutions in Ohio, and the
principal means in the large development of the town of Delphos, and
managed the same until he became interested in the First National
Bank of Van Wert in 1872. He removed to Van Wert and took the
management of this bank through the crisis of 1873 and the
depression following, with what success is well known to the people
in this vicinity. In 1878 Emerson & Marble sold their
stock in that institution, and not finding retirement to their
taste, shortly after established the present banking house, which
from its safe condition has had a very liberal support. W.
H. Pennell, Esq., the youngest man of the firm, is one of our
most enterprising young business men, who has been equally
successful in all his undertakings; whose energy and talents have
done much to meet the success of the large and prosperous business.
The firm and its members have always been foremost in all public
works calculated for the general good, and have done much to
encourage all popular movements for the advancement of the best
interests of the town of Van Wert and its people, the appreciation
of which is shown by the public encouragement in a business which is
exceeded by few or any country banks of the State. Aside from
the general and usual business of bankers they loan very largely at
long time on real estate mortgages, and also to towns, townships,
counties, and cities of this State.
Source: History of Van Wert and Mercer Counties, Ohio,
publ. 1882 - Page 183 |
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