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Guide to the First National Bank Of Wallace, Idaho Records ; First National Bank of Wallace Records

First National Bank Of Wallace, Idaho Records 1892-1949

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Guide to the First National Bank Of Wallace, Idaho Records 1892-1949

Sponsor: Funding for encoding this finding aid was provided through a grant awarded by the National Endowment for the Humanities.


Overview of the Collection

Title: First National Bank Of Wallace, Idaho Records 1892-1949
Creator: First National Bank Of Wallace, Idaho
Dates: 1892-1949
Quantity: 26 cubic feet
Abstract:Correspondence, 1901-1909, and financial ledgers. Also, deeds, agreements, correspondence, and other legal and financial papers filed in the building's vault prior to 1891.
Identification: MG 15
Language: English
Repository: University of Idaho Library Special Collections and Archives
850 Rayburn St.
P.O. Box 442351
Moscow, ID 83844-2351
(208) 885-7951
http://www.lib.uidaho.edu/special-collections

Arrangement and Description

The material in this record group divides easily into three series, correspondence, bound volumes, and Bank of Murray vault items.The correspondence is all incoming and is arranged chronologically. Most letters deal with routine deposits and withdrawals, although a 1905 letter from Senator Weldon B. Heyburn discusses the need for a new hotel in Wallace.The bound volumes were listed on an inventory, therefore it was easy to keep them in their original order. They include general ledgers, cash books, balance books, warranty registers, teller's cash books, bills receivable ledgers, reconcilement of accounts books and computation of reserve records. Most individual journals are arranged chronologically with the exception of the draft registers which are arranged by the bank drawn on; this accounts for the overlapping dates of the journals. Each register is in two volumes, one containing banks in New York and Chicago, and the other the remaining banks across the country. Another item in this series is a bundle of purchaser's applications for three different types of traveler's checks, American Express, American Banker's Association, and National City Bank of New York.Since the vault material is not part of the First National Bank records it was placed at the end of the collection. It contains items such as mining deeds, powers of attorney, promissory notes, and correspondence which was apparently placed in the vault of the Bank of Murray for safe keeping and not called for when the bank closed its doors. When Frank Johnson opened his bank in the same building several years later he found these items. They are arranged alphabetically by the name on the envelope in which the material was originally deposited.

Scope and Content

The records of the First National Bank of Wallace span the years 1892 to 1949, with the bulk of the material covering the years 1892 to 1935.

The records include incoming correspondence, a variety of financial ledgers, and personal papers which were deposited in the vault of the Bank of Murray and not claimed by their owners when the bank folded.

Several sets of journals, most notably the Reconcilements of Accounts and Computation of Reserve, have gaps in dates caused by missing volumes. Also, there is no correspondence for 1907.


Administrative/Biographical History

The Wallace branch of the Agency Bank of Murray, under the direction of Charles Hussey, opened in 1887, and shortly before it failed in 1890 it changed its name to the Bank of Wallace. Patrick Clark of the Poorman Mine, along with several others, purchased all the assets of the bank except the building, and opened the Coeur d'Alene Bank on January 10, 1891. In July 1892 Horace Davenport was the bank's cashier.

The First National Bank of Wallace was organized on August 8, 1892 by Frank F. Johnson, Henry White, Horace M. Davenport, Richard Wilson, and Charles E. Bender. Other directors, besides Johnson and White, were Charles W. O'Neil, R.R. Neill, Richard Wilson, and Albert Johnson. The bank, which took over the building formerly occupied by the Hussey bank,, was the first national bank organized in Shoshone County. Several banks had been started in Wallace, but by 1893 the First National Bank was the only bank operating. It remained without competition until Bernard O'Neil started the State Bank of Commerce in 1904. M.J. Flohr, who had been connected with the bank since 1895, succeeded Davenport as cashier in 1903 and later became president of the bank.

The First National Bank continued to operate as an independent bank until 1972 when it became a branch of the newly organized First National Bank of North Idaho.


Subjects

This collection is indexed under the following headings in the online catalog. Researchers desiring materials about related topics, persons, or places should search the catalog using these headings.

Business, Industry, and Labor
Idaho

First National Bank of Wallace (Idaho)

Banks and banking -- Idaho -- Wallace -- History -- Sources

Administrative Information

Source

The early records of the First National Bank of Wallace were donated to the University of Idaho library in 1962 by former bank president M.J. Flohr.


Separated Material

The only materials removed from the collection were an unused cash book and a September 1910 copy of Bradstreets.


Detailed Description of the Collection

Series I. Correspondence 1901-1909
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1/11/1 1901 1 item
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1/21/2 1902 43 items
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1/31/3 1903 69 items
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1/41/4 1904 53 items
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1/51/5 1905 68 items
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1/61/6 1906 124 items
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1/71/7 1908-1909 2 items
Series II. Bound Volumes 1892-1949
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os/8-25os/8-25General Ledgers 1892-1938 18 items
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os/26-48os/26-48Cash Books 1892-1913 23 items
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os/49-58os/49-58Balance Books 1892-1939 10 items
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os/59-66os/59-66Collection Registers 1892-1917 8 items
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os/67-87os/67-87Draft Registers 1892-1907 21 items
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os/88os/88Warrants and Securities 1906-1949 1 item
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os/89-91os/89-91Warranty Registers 1906-1924 3 items
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os/92-105os/92-105Bills Receivable 1892-1945 14 items
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os/106-123os/106-123Teller's Cash Books 1903-1934 18 items
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os/124-139os/124-139Reconcilement of Accounts 1904-1940 16 items
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os/140-142os/140-142Computation of Reserve to be carried with the Federal Reserve Bank by all member banks not located in reserve or central reserve cities 1920-1929 3 items
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os/143os/143Ledger: Account with Capitol State Bank, Boise, 1903-1906; List of new and closed accounts, 1910-1914 1 item
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os/144-146os/144-146Clearances 1907-1916 3 items
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os/147os/147Purchaser's Applications for Travelers Checks 1924-1926 500 items
Series III. Bank of Murray Vault Items 1882-1890
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2/1482/148Baker, J.D. and P. Foley. Contract 1884 1 item
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2/1492/149Baldwin, Bruce and Brundage. Promissory Notes 1886 25 items
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2/1502/150Barroll, E.R. and J.R. Marks. Agreement 1888 1 item
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2/1512/151Bartlow, Isadore H. Deeds 1885 2 items
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2/1522/152Beeman, Nelson. Correspondence & Financial items 1884 3 items
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2/1532/153Bennington, J. & Ed Zeiger. Agreement 1885 1 item
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2/1542/154Boss, James E. Deed 1888 1 item
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2/1552/155Brill, Alfred. Legal Notices 1886 2 items
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2/1562/156Burke, John M. Promissory Note 1886 1 item
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2/1572/157Byrnett, G. Stock Certificates 1884 29 items
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2/1582/158Byrnet, George N. Legal & Financial Papers 1884 4 items
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2/1592/159Calavan, James. Agreement 1885 1 item
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2/1602/160Campbell, A.R. Deed 1884 1 item
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2/1612/161Chase, J.F. Sargent Affidavit 1887 1 item
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2/1622/162Clark, Charles. Receipt 1888 1 item
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2/1632/163Cole, D.M. Deed & Power of Attorney 1884 2 items
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2/1642/164Cooper, John vs. N.S. Kellogg. Deeds 1886 4 items
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2/1652/165Cunningham, Samuel. Correspondence & Financial 1882 3 items
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2/1662/166Davis, W.R. Agreement 1884 2 items
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2/1672/167Denver, W. McK. & Sylvanius Collett. Deed 1884 1 item
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2/1682/168Downs, John. Financial 1885 1 item
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2/1692/169Doyle, W.E. Insurance Receipt 1887 1 item
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2/1702/170Everson, Louis, Power of Attorney 1886 1 item
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2/1712/171Finn, Dan. Financial Correspondence 188- 1 item
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2/1722/172Hanley, T.F. Bond of Clarence Cunningham 1888 1 item
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2/1732/173Harris, W.E. Deed 1885 1 item
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2/1742/174Hathaway, C.M. Promissory Note 1884 1 item
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2/1752/175Herrman, John. Location Notices 1885-1886 5 items
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2/1762/176Hogan, Thomas S. Deed 1886 1 item
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2/1772/177Jackson, Charles. Deeds 1887-1890 7 items
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2/1782/178Johnson, Robert J. Stock Certificate 1888 1 item
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2/1792/179King, William. Receipt 1884 1 item
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2/1802/180Klein, Eugene. Vernon Notes 1884-1885 7 items
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2/1812/181Levi, Alexander B. Power of Attorney 1884 1 item
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2/1822/182Linn, A. Agreements 1884 2 items
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2/1832/183Lowe, R.R. Deed 1884 2 items
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2/1842/184McDonald, Davis & Williamson. Financial 1884 22 items
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2/1852/185McLelland, T.E. Bond 1885 2 items
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2/1862/186Mead, Charles. Deeds 1889-1890 8 items
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2/1872/187O'Brien, D. Deed 1890 1 item
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2/1882/188Parker, William. Correspondence 1884-1885 21 items
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2/1892/189Porter, W.J. Agreement 1885 1 item
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2/1902/190Ryal, John C. Deeds 1884-1885 8 items
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2/1912/191Scofield, A.L. Letter from George H. Knight 1890 1 item
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2/1922/192Scowden, Leo A. Stock Certificate & Deed 1886-1887 1 item
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2/1932/193Scrofford, A.D. Promissory Note 1884 1 item
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2/1942/194Stevens, James & W.T. Dolman. Contract 1884 1 item
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2/1952/195White, G.W. Deeds 1884 9 items

Profile Description

Creation: Encoded by ArchProteus2003
Language: Finding aid is in English

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