Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-05-07
GRANITE NATIONAL BANK. AUGUSTA.

der the State laws as the Granite
Bank Its first board of directors was
John Chandler, George w. Stanley
Edmund r. Bridges. Joseph Chandler
Alfred Kedlneton. VIM. A. Brooks and
Ehen Fuller Edmund T. Bridges was
chosen president and Silas Leonard
cashier. Gen. Joseph Chandler was
elected president in 1897, and held the
Office until 1910. when VIM. Woart, Jr
WAS chosen and continued until 1916 al
which time Vim. y. Brooks succeeded
him and held the office until the Gran
ito National Bank was organized in
1867. Si,as Leonard continued cashier
till 1S5S. when George W. Allen
was elected. and held the Office
until he resigned in 1860, on account of
an injury received while on a visit to
Boston. He was succeeded by Hon.
WIN. T. Johnson. The first board OF
directors of the Granite National Bank
Was VIM. \. Brooks. Darius Alden.
James w. North, benjamin II. Cush-
man and VIM. Caldwell. VIM. A.
Brooks was chosen president and Hon.
VIM. r. Johnson. cashier. At the next
meeting Of stockholders in January.
1865. Darius Alden, James w. North,
BENZ il. eastman. VIM. Caldwell and
John Hartford We're chosen directors.
w1a elected Darius Alden president.
ard Hon. Wn. Il. johnson. cashier
The following year Benz. H. Cushman
succeeded Darius Alden to the pres
idcHcy. There was no change in the
dirGrt orate until 1876, when John w.
Chase was elected a director to fill the
vacarcy caused bv death of John
Hartford. Mr.. North severed his con-
noction with the bank July "A, 1877. and
was succeeded by James w. Bradbury.
while Horace II. Hamlin succeeded
BENZ. II. Cushman, as a director. At
a meeting of the board Darius Alden
was chosen president to ill vacancy
caused by President Cushman's resig-
nation, who held the Office until the
time of his death iii Nov. 1889 having
been president for twelve years and a
director since 1851. Hon. Geo. f.. Ma
cornber was elected director to fill va
caucy caused by death of Col. Alden.
Hou. James ". Bradbury succeeded
Col. .tlden as president He resigned
the office in April 1890, on account of
III health at which time John w. Chase
was elected president. and is the pres
cnt incumbent. In Oct. 1881, the CASH
Ter Hon. VIM. T. Johnson. died. and
his son. Trehy johnson, then cashier
OF the Cobbossee Bank of Gardiner
was elected to fill vacancy and has
held the office ever since. When the
bank was founded in 1884. ii occupied
temporary quarters in a room over Ma
son & Hamlin's store, corner of Bridge
and Water streets. 1t was during this
period that the present site at the cor
ner of Oak and Water streets, was pur-
chased. which has been occupied con-
tinuously ever since. The building oc-
cupied, constructed after the great fire
Of iSG5. is substantial and ornate
four story brick structure designed es-
peciallv for bank and office purposes
The post office formerly occupied the
ground floor Of the bank building, and
when vacated in 1890. it was entirely
rettted and remodeled for the banks
office. y massive fire proof vault was
put III within which are two fire and
burglar proof safes equipped with all
the latest and most improved devices
to insure safety within one of these
safes there are 100 safe deposit boxes
with com Animation locks. These are
rented at n nominal sum annually and
are considered Indispensable for those
who have valuable papers, wills, dia-
monds and jewels, and seek protection
from fire and burglars. The wood
work and fixtures of the bank are quar-
tered oak finished in oil. Everything
is arranged so that business can be
dispatched quickly and accurately
TIL bank is considered one of the best
arranged of any in the country. The
Granite National Bank has a paid in
capital stock of 100000 and a surplus
and undivided profit of $34.674.96. 1t
is the designated depository of the
United States and this fact lends adj
ditional prestige to the institution. A
general business is transacted in loans
and deposits. Letters of credit are is
sued available in all parts of the world.
while exchange is bought and sold on
all the principal cities of both CONT
neuts. by means of its correspondents.
collections are promptly made in all