The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-08-31
TnE ExoHAXeE HANK.
Recent Improyements-A short History
nj the Institution.


Recent ImproYements-A short HlsaoFs
l.5.l Of the Institution.
The Exchange Bank has recently been
extensive repairs, and now
presents an appearance in keeping with
It's position among similar institutions in
the city. The subject OF new building
was seriously discussed some time ago,
but It was finally decided instead Of erect
ing a new banking house to give the pre-
sent one thorough overhauling and re-
model Il In some respects. It Is now the
brjShtest and most pleasant room ior the
nnrpose In the city. The ceiling has been
Irescoed by Mr.. William A. Lay, oil Gin
cinnati Ohio, and the work speaks volumes
for the artists ability. The colors are blue,
yellow and gold blended in various tints.
The walls are freshened up by being paint.
ed pea green. The cashier and directors
room has been neatly papered and car
peted with tapestry Brussels. The old,
fashioned windows have been replaced
with large single panes which adds 70 the
exterior appearance Of the building. The
outside OF the building has been painted q
light stone color.
The bank has always enjoyed the conf
denee OF business circles, aud under Mr..
Jones' administration has increased IN
popularity, which Il will no doubt retain
as long as II continues in existence. In
looking over the old minute books OF the
bank we gathered the following brief his
tory Of the institution, from It's incorpor-
alton 10 the present. time. On July 10, 1884,
Nessrs. Moses W. Chapline, Samuel
Sprigr, John Goshorn, Redick Mickey
John Fawcett, w. 7. selby, Joseph Morri'
son, John Richie and Marcus Wilson, the
commissioners appointed by the Genera
Assembly of Virginia, met Tor the purpose
OF organization. At this meeting o com
mittee was appointed TO visit Baltimore
and other Eastern cities for the purpose O.
disposing OF fifteen hundred shares oil the
capital stock OF the bank. At the mex
meeting report was made In regard 70 ths
procurement Of plates for printing ths
notes OF the bank. An artist was ass
employed to take view OF Wheeling ioi
the yignette OF the notes.
On September 10, 1884, the sub
scription books were opened. Very
flew OF the subscribers are nov
living, Among the subscribers ct tina
Time who are yet living We notice the
names of DR.. A. S. Todd, Edward Coen
Henry Moore, John Knote, Daniel Peck
Daniel Lamb, and those Of ex-senator
w. 7. Wiley and Nathan Golf, ST., who
subscribed to the branch bank at Morgan
town. The bank was organized under the
name of the Merchants and Mechanics
Bank OF Wheeling, with q capital OF 5000,
600. On the third day Of November, 1881
the stockholders elected the following
Board Of Directors, John Fawcett viii
liam 7. Selby, W. B. Atterblry, Redicl
Mckee, Henry Moore. Joseph Caldwell
Israel Updegraf, David Agnew and JohI
Richie. Redick Mckee was elected Presi
dent, and two days afterwards George a
Clarke was elected Cashier. in cleaning
no the other day Mr.. Glarke's official bono
was found, It Is in the sum OF SIS, 900
Solomon Alien, OF Philadelphia, ant
Moses Allen, OF New York, were hi
Ibondsmen. James W. Robb was subse
Iouently elected Cashier Of the branch
l6ank at Morgantown. The bank first oc
cupied the building at the corner OF Mali
land Union streets, OF present Occupied BY
Mr.. ]. B. Sheppard.
The present building was erected IL
1888 o, and at that time was considered
building OF great architectural beauty. ane
is vet In some respects, being purely o
the Grecian order. 1t was built by james
White, who was also the architect for thu
Court House and First Presbyterian
church. Mr.. Clarke continued cashier o
the bank until 1887, when Mr.. 8. Brady
was elected to that position, Mr.. Brady
remained cashier until 1871, when Mr.
John ]. Jones, the present incumbent
was elected.
The bank was merged into naiona
bank in 1866, styled the Merchants Ma
tional. In 1874, the old bank was wount
up on It's own merits and an entirely new
bank was organized, with q new set o.
stockholders, August 4, 1874, under
the name OF the Exchange
Bank OF Wheeling, with capital o.
500 900. The present officers OF the bank
are as follows: Cashier, John j. Jones'
Paying Teller, VIM. LETTERS; General
Book.Eeeper, W. G. Wilkinson; Individ'
ual Book.keeper, h. @. Morgan; Receiv-
ing Teller, C. w. LETTERS; Corresponding
Cletk, R. w. Mcclure; Messenger, Robert
TAYLOR,