Encyclopedia Dubuque
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DUBUQUE SAVINGS INSTITUTION: Difference between revisions
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DUBUQUE SAVINGS INSTITUTION. The Dubuque Savings Institution was established in February, 1866, with $100,000 capital | DUBUQUE SAVINGS INSTITUTION. The Dubuque Savings Institution was established in February, 1866, with $100,000 capital. George A. Blanchard served as president and [[BABBAGE, Richard A.|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]] | 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 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. | 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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Latest revision as of 02:22, 31 October 2017
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