The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1905-07-05
i WILLIAM H. WALLACE.
Departure of One Destined to Make a Rec
ord in California Banking Circles.

With the departure of William II.
Wallace from Redwood Falls for his
future home in Los Angeles, Cali
fornia, where be is to become one Of
the chief factors in the largest
banking institution of that city,
there goes away from Redwood Falls
and Red wood county one of the
strongest young business men the
county has had in it's midst for
many day-a young man whose
career is worthy of study by those
who would follow his footsteps, and
young man whom The GAZETTE
predicts will be among the leaders
of the Los Angeles business world
before many years 60 by.
He was born near Guelph, Ontar
10, on Sept. Is, 1870, and moved
with his parents to Drayton, n. D.
in 1881, his father still residing
there. William was one of family
of six-6ve boys and one girl, the
latter being the wife of DR.. H. H.
Healy, superintendent of public
health ofENorth Dakota, and resid-
ing at Grand Forks. He was the
oldest of five boys. All five were
graduates ,of Hamline university,
and all five are now residents of
different states Of the union-Ed. II.
Wallace being in the grain and lum-
Der business at Prescott, Wiscon-
sin; Ernest Fl. Wallace being a law
yer in New York city, where he
has represented one of the legisla-
tive districts of Gotham in the state
legislature, and where he has also
risen to the position of assistant
attorney general of New York; the
fourth son, Lewis H. Wallace, is as
sistant cashier of the Bottineau
county bank, and the fifth, Charles
H. Wallace is cashier of the Bank of
Able, SD.
After William H. Wallace had
completed his college course at
Hamline The was chosen superin-
tendent of schools at Appleton, this
state. He held the position for one
year, and then was employed in a
general store in North Dakota until
the summer of 1897, when in com
pany with W. H. and F. O. Gold and
H. N. Stabeck he opened the Bank
of Belview, Redwood county. Later
he became interested with the same
gentleman in opening the banks of
Revere, Wabasso and Vesta, and
then the company being DESTROYS of
opening a bank at the county seat
Mr.. Wallace was asked to join with
w. H. Gold in conducting the same
and the Gold-Stabeck bank of Red
wood Falls was thrown open to the
business of the public, Mr.. Wallace
moving his family down from Bel
view in November of 1901.
Mr.. Wallace's maxim is "work
while you work and play while you
play" He has been an indefatiga-
BILE worker-in business, in social
or in religious fields, and when he
entered the Fairgrounds he was as
earnest about it as if he was really
working. La Redwood Falls, as in
other towns, he has been a pusher
for all public enterprises. In re.
ligious work the Methodist church
can claim no more jealous adher.
ent; among the young men of the
city there is no one more popular.
To his new home he goes, and Mrs.
Wallace and the children go. carry.
ing with him and them the wishes
of all Redwood Falls people for their
continual upward career-a wish
which The GAZETTE predicts will be
fulfilled before many years.
Mrs. Wallace and the children
left for the west last Tuesday, stop.
ping at Indian Head, N. W. T., tc
visit sister of the former. There
| Mr.. Wallace and the children will
join them in a couple of weeks,
when the family will proceed via
the Canadian Pacific to Vancouver
and Portland, going from the latter