| Show HOTELS HOTEL'S S 'S NAME HONORS OGDEN DANA BANK FOUNDER Details Regarding Start Star of Financial Institution Given In Old Paper Directors and stockholders o otho or of ortho tho Hotel havo 11 0 honored the tho memory mor of or the tho late lato IT Jr C C. low pioneer banker of ot Ogden Og Og- Ogden Ogden den and ond for tor many years owner onner of ot tho Reed Recd hotel In the tho selection of or tho hotels hotel's name How closely ely tho the history of ot the Ogden State Stale bank and tho per per- personal personal sonol life lite of or H. H C. C DI elow were wore linked to the alto of or the new Ho lIo- Hotel tel Is Li t. t shown chown through an account of ot the banks bank's organization tion glen gl en In the Ogden Dall Dally Commercial of ot January 2 1890 tho the same Issue Isue that recounted In- In Initial progress on the tho Reed hotel This article follows In part port n MC n. T. D The addition of new capital and more money Was nas one ono of ot the tho demands felt In Ogden last spring when the new developments de had definite proportions This demand was met by the es establishment es- es of ot a new banking In Institution In- In the the Ogden State bank During tho the early summer II IL C C. a a. well known bank bank- banker er formerly of ot Illinois but more moro lately of Nebraska came west looking for a 0 location After Afler visiting many man cities he landed In Ogden Ogdon Ho lie was as so 80 favorably Im- Im Impressed pres pressed cd with the tho business outlook for the place that he resolved to occupy tho the field and put In a bank An An organization was completed complete at once one II C. C Bigelow president John A. A Boyle vico president S R. R M M. T T. W W. Jones E. E E A. A A Reed Peed Thomas Benjamin Lombard Jr directors A A. A P P. Bigelow was chosen assistant cashier hl r Material for tor furnishing the bank ank was ordered new ne safes sates and vaults provided and on the 1st of ot otO October O tob r tho the doors of ot tho the bank were opened to the public The Tho capital stock was as made which h was lS soon taken the whole to be paid paltI In six months The backing of or the bank Is Ls A Xo No o. o 1 l. l Bo Boyle le Reed Jones and are well known here and stand at tho the tiery er head of ot our financial ranks Mr r Harbine Is Isone Isone isone one of ot the wealthiest bankers and capitalists of or Nebraska 1 Ben BenJ Beni Lombard Is the well known bank bank- banker er of ot tho the Lombard Investment company compan while many other prom prom- prominent prominent business men of or the city re ro stockholders In the Institution Institution institution tion li H. These arc aro the elements II ments that give gl confidence to the public Added to this Is s the splendid rec rec- record record record ord of ot II IL C. C Bigelow president of ot the Institution and antI John A. A Doyle Boyle vice Nice president Mr r Bige- Bige Bigelow low was as for many years jears Oear's at the brad hrad hr ad of o a 0 bank at Buda Illi Illi- Illinois IllinoIs nois In Ma May 18 1870 he founded d the Buda bank In Bureau county count Illinois a prosperous Institution doing business In ln Inthe the building erected by Mr Ir Bigelow for its use useIn usein In 1870 which ho he still owns own He hud hUll the be distinction of ot being the only banker In that country who vrho could meet melt all demands of ot de depositors de- de depositors depositors during durin tho the memorable panic of ot 1873 In tho the fall tall of ot 1875 he moved mo to Hebron Tha Thayer er count county Nebraska to to tolo x look lo k after Ills his large landed lan ed Interests there In May Clay 1886 he le organized the Thayer county bank and still re- re remains re remains mains its president ent The bank hits has had an unqualified success S having hating paid ten per cent annual dividends and accumulated a a. sur Bur surplus surplus plus of ot over fifty per cent In less than four years It has ha a credit rating see Bradford rd Rhodes Cos Gos reference book 1888 that was wa equaled by less than forty tort banks among the banking In Institutions In- In of ot the state John A. A Boyle who for a a. quarter of ot a a. century has been In inthe tho the wholesale and retail furniture business In this city vice Ice president president dent of the bank will III on February February ary 1 1 sever Bever his connection with the tho firm of ot which he has ha been the head to so long Ion and actively ly connect himself hlll with the bank This will add a a. new to the bank and It will start out the new year with a new ne clement of ot strength Tew men arc are better known in Utah than John A. A A Doyle Boyle and none nono Is I. I more moro popular CL BOND 1 BONDA A P P. Bigelow assistant cash cash- cashier cashIer ier er comes equally well endorsed en by eastern capitalists Ho re resigned re- re resigned signed a 0 similar position In the Thayer County bank ban It which he had held since its organization to accept this The Tho directors of the Ogden bank required a no bond to tobi tobe bi be furnished by b the tho assistant cashier for Cor He lie filled out a 3 bond for and sent lent It back hack to get it signed It re returned re- re returned turned turne signed slimed by bYwell bye well known capitalists I IcI The e new banking k house o c has closed cI a 3 lease e for a term of years jears I for tor the corner room at the new Heed hotel now being built at atthe atthe atthe the corner of ot Washington and twenty fourth streets and their new quarters can be seen in the accompanying cut of ot the th hand hand- handsome handsome some hotel building A picture of or the hotel published i In the Ogden Dally Daily Commercial showed the thc banking room ex- ex extending tending one third across the Washington avenue front of the then It n Reed d hotel and back to the hotel entrance on Twenty fifth street |
