File:Peoria city and county, Illinois; a record of settlement, organization, progress and achievement (1912) (14801294333).jpg

Identifier: peoriacitycounty01rice (find matches)
Title: Peoria city and county, Illinois; a record of settlement, organization, progress and achievement
Year: 1912 (1910s)
Authors: Rice, James Montgomery, 1842-1912 S.J. Clarke Publishing Company
Subjects: Peoria (Ill.) -- History Peoria County (Ill.) -- History
Publisher: Chicago, S. J. Clarke
Contributing Library: New York Public Library
Digitizing Sponsor: MSN

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as S. Dobbins and Robert S. Smith, and a few days later Mr. Bradley waschosen president, and Air. Curtiss cashier. The bank opened for business Janu-ary 6, 1864, and has been in operation ever since. In June, 1864, the capital stockwas increased to $200,000.00; was reduced in 1875 to $100,000.00, but again in-creased, 1884, to $150,000.00; to $400,000.00 in 1905 and to $550,000.00 in1910, at which sum it still remains. The original charter having expired in 1883,a new^ charter was secured, rvmning for twenty years, which expired in 1903 andwas extended for another period of twenty years. The first board of directorsconsisted of nine members; in 1870, the number was reduced to seven, and in1875 to five. Mr. Bradley occupied the office of president continuously untilhis death, which occurred May 4, 1867. He was succeeded by the late Wash-ington Cockle, who continued in office until 1875, when he was succeeded byHervey Lightner. The latter held office only a few weeks, when he gave place
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FIRST NATIONAL BANK, PEORIA HISTORY OF PEORIA COUNTY 451 to John C. Proctor, who was re-elected at each subsequent election until 1906, when he declined a re-election and was succeeded by Charles R. Wheeler, whohas continued in the office to this time. A noteworthy feature in the history of the First National Bank, indicating its conservative and substantial character, is the few changes that have occurred in the board of directors and official staff. From 1875 to 1907, Mrs. Lydia Bradley, the widow of the first president, was continuously a member of the board of directors—one of the few instances in which a woman has held this position in a leading banking institution. In 1895,occurred the death of William E. Stone, Sr., who had been identified with the bank from its organization in 1863, first as bookkeeper and later as its cashier, and he was succeeded by his son, William E. Stone, Jr., who became vice-president also in 1906. The

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