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Encyclopedia Dubuque

www.encyclopediadubuque.org

"Encyclopedia Dubuque is the online authority for all things Dubuque, written by the people who know the city best.”
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




DUBUQUE SAVINGS INSTITUTION

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DUBUQUE SAVINGS INSTITUTION. The Dubuque Savings Institution was established in February, 1866, with $100,000 capital. George A. Blanchard served as president and Richard A. BABBAGE was the secretary and treasurer.

Located at Main and 5th STREETS, this financial institution was listed in the 1868-69 and 1870-71 directories but not afterwards. See: BANKS AND BANKING

In January 1874, Hancock paid $4,500 in cash to the company, the full extent of his liability to the depositors as a stockholder of the company. This allowed the receiver to pay off the 20% dividend declared on January 24, 1874.

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Source:

1. "Paid His Share," Dubuque Herald, January 24, 1874, p. 4. https://news.google.com/newspapers?nid=uh8FjILnQOkC&dat=18740124&printsec=frontpage&hl=en

Oldt, Franklin T. History of Dubuque County, Iowa. http://www.ebooksread.com/authors-eng/franklin-t-oldt/history-of-dubuque-county-iowa-being-a-general-survey-of-dubuque-county-histor-tdl/page-16-history-of-dubuque-county-iowa-being-a-general-survey-of-dubuque-county-histor-tdl.shtml

"Butchers, Bankers, and Cabinet Makers," Booklet accompanying the Robert Reding exhibit at the OLD JAIL 2007-2010