Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-02-21
w. c. WALTERS, PIONEER, AND
PROMINENT BUSINESS MAN.
PASSES AWAY.
IN BUSINESS IN TOLEDO
- FOR FiFTY-FlvE YEARS
Special to Times-Republican.

!
Toledo, Feb. 2l.--Death, at o'clock
this morning, claimed one of the pi-
oneer business men of this city, one
who for fifty-five years, had been
prominently identified with the bust
ness interests of the community,
when w. c. Walters died at his home
after an illness that dates from
Thanksgiving Day. Mr.. Walters
death was due to cancer of the
stomach Everything possible was
done for him, but without avail. and
he has been growing gradually
worse almost from the beginning OF
his Illness. Mr.. Walters was 10
years OF age.
Mr.. Walters was one of the best
known men in Tama county, and
had business and personal acquaint-
ances thruout the entire county and
adjoining counties who Will regret TO
learn of his death.
From Drayman to Bank President.
From the time he started his first
business enterprise here in the early
SOS, until i'll health compelled him
to retire a few months ago. MI
Walters had been one of the leading
figures OF the community CONNER
cially and industrially, His first
business venture was as a drayman.
From that he embarked in the mer-
camille, and then the grain business,
and later into street and interurban
railway and banking. For many
years ne had been connected with
the Toledo Savings Bank, OF when
ne was elected president in 1906. He
resigned as president Jan. l, because
OF his falling health.
Native of Ohio.
William Charles Walters was
native of Stark county, Ohio, the
third son of William and Elizabeth
Walters, who became early settlers
of Poweshiek county, at Brooklyn.
The son, William, came west at the
age of 20. wrote insurance for
year. and then went to work In
Brooklyn as a clerk in a general
store owned by Martin Snyder Aft
er clerking three years he went into
business for himself, coming to this
place, and starting his dray line. In
1857 he embarked in the mercantile
business, in which he continued I'M
til 1884. when he sold his interests
TO Ramsdell & Stone. In the follow
ing year he went to Giadbrook to
engage in the grain business, was
Toledo, where, in 1891, he opened a
grain business, which he conducted
until 1902.
Makes Railway Line Pay.
In 1895 Mr. Walters became inter-
ested in the Tama and Toledo Elec-
trio Railway and Light Company,
becoming its president and general
manager, and placing the property
on a sound financial basis. He dis
posed of his interests in the inter-
urban line to the Iowa Railway and
Light Company in 1912. He was a
director Of the Toledo Savings Bank
for many years before becoming its
president in 1906.
Mr.. Walters was marble Nov. %,
1866, at Brooklyn, his wife being
| Miss Mary H. Reynolds, of that
place On Nov. %, 1916, the couple
celebrated their golden wedding
Mrs. Walters survives her husband,
as do also two sons, c. E. Walters, a
leading attorney here and former
state representative from Tama
! county, and ]. P. Walters, vice presi-
dent of the Toledo Savings Bank.
Funeral Monday Afternoon.
| The funeral services for Mr.. Wal
! tiers will be held Monday afternoon
at 2: 80 from the Methodist church,
! in charge of Rev. S. c. Brunson,
president of Garrett Biblical Insti-
| tute, Evanston, Ill.,, former pastor
! of the Methodist church here. 1t was
during Rev. MIR. Brunsons pastorate
nearly thirty years ago that Mr..
| Walters joined the church, and it
was his wish that his first pastor
conduct the services.