History of Daviess County, Indiana : Its people, industries and institutions ..with biographical sketches of representative citizens and genealogical records of many of the old families . nd cUillars, and the name of thelirm was H_\alt, De\ings & Ctmipany. This firm continued to ciuiduct thebusiness until i\(]vember, 1884, when the Ijank closed its doors on accountof failure to make collectiims on loans made, (/oncerning this unfortunateending of Washingtons first banking enter[irise, an old histiirian makesthis cimiment: The faihue of the bank in\ol\eil ll\ pergonal estate and,in
History of Daviess County, Indiana : Its people, industries and institutions ..with biographical sketches of representative citizens and genealogical records of many of the old families . nd cUillars, and the name of thelirm was H_\alt, De\ings & Ctmipany. This firm continued to ciuiduct thebusiness until i\(]vember, 1884, when the Ijank closed its doors on accountof failure to make collectiims on loans made, (/oncerning this unfortunateending of Washingtons first banking enter[irise, an old histiirian makesthis cimiment: The faihue of the bank in\ol\eil ll\ pergonal estate and,in order to make settlement, he submitted to his and the banks creditorsthe prtj])osition to pay his own credilurs in full, and sexenty cents on thedollar to those of the bank, an extremely liber;d and altogether unusual])roi)osition. The failure of this iiank, however, did not lea\e Washington withoutan institution of this kind. About twelve years prior to this time anotherbanking enterprise had been established and was at this time in successfuloperation, and has continued as one of the permanent and successful finan-cial institutions of \\ashinc:ton for more than fortv \ i;, \- (I, SMDis AM i;i piMHii ii-si.;, w .\si i incti ix.
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Keywords: ., bookcentury1900, bookdecade1910, bookidhistoryofdav, bookyear1915
