A quick look at some antique paper bank note coupons, aka SCRIP, - TopicsExpress



          

A quick look at some antique paper bank note coupons, aka SCRIP, also called SHINPLASTERS, from the Citizens Bank Findlay Ohio, circa 1862. First, the Citizens Bank: The Citizens Bank, under the firm name of Ewing, Carlins & Co., was established in the spring of 1854, and commenced business on the 3d of April. Located on Main Cross, opposite the courthouse. John Ewing, Squire and Parlee Carlin, Charles W. O Neal, Louis Adams and Samuel Howard composed the firm. In April, 1855, Mr. Howard retired from the firm. the following November Mr. ONeal dropped out, and Mr. Ewing in April, 1856. Adams, Carlins & Co. continued to run the bank until December, 1863, when Paul Sours took the place of Mr. Adams, and the firm became Carlins & Co. This bank was at that time the leading banking house of the county, and did a very large business. On the 17th of January, 1876. it was reorganized as the Citizens Savings Bank, with the following stockholders: Parlee Carlin, Dr. Lorenzo Firmin, M. D. Sours, Lewis C. Carlin, James A. Bope, Squire Carlin, Dr. Bass Rawson, George W. Myers, Samuel D. Frey, D. J. Cory, William L. Davis, John Davis, Isaac Davis and Mrs. D. B. G. Carlin. Soon afterward Peter Holler, Isaac Blaksley and Jacob W Wagner were added to the list, while Squire Carlin dropped out. The advertised capital was $50,000, and a guaranteed security of $100, 000. It was regarded as a sound financial institution, as its stockholders embraced several of the wealthiest men of the county; but on the 25th of March, 1878, it went down in financial ruin. The board of directors at the time of the failure were Dr. Lorenzo Firmin, president; D. J. Cory, vice-president; James A. Bope, secretary; Parlee Carlin, John W. Adams, Isaac Blaksley, Lewis C. Carlin and Jacob Wagner, with M. D. Sours, cashier. The cause of the failure was claimed by the officials to be the heavy liabilities and scaly assets of the old bank, which were unknowingly assumed by the reorganized institution. It was thought by many that the bank would resume business in a short time, but it never again opened its doors. Thank you to Marianne Dow for posting this on the Findlay Antique Bottle Clubs site, It was well worth reposting here. Many very important names from Findlays past.
Posted on: Tue, 11 Nov 2014 13:01:06 +0000

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