launched. Up to 1896, the News was an independent newspaper, but since that year has been republican in politics. The main facts in the history of the News Printing Company since it purchased the Times in 1901, from the Beyerle Estate, and effected the consolidation under the name of the News-Times, are as follows: The company occupied the building at No. 207 South Main Street until 1911, when it moved across the street to No. 114 into a new modern building erected expressly for its use. On December 12, 1914, a fire which broke out in the basement under the News Book Store caused a heavy loss, but, in rebuilding, a more modern newspaper plant and job printing office were installed than those previously in use. The book store itself was sold and moved elsewhere. Thomas A. Starr disposed of his interest in the business in the late '90s and Martin V. Starr was editor and manager of the News Printing Company for many years. George W. Kinnison has long been president of the company, and his son, O. M. Kinnison, secretary, and editor-manager of the business and newspaper. Charles E. Gorham, the widely known manufacturer, is vice president. THE GOSHEN BANKS The banks of Goshen have always been conservative, substantial and safe, and a bulwark to the healthful progress of its business and industries. That character seemed to have been fixed by that veteran of them all, the Salem Bank, which stood stanchly by its paper in the times when so many of the financial institutions of Indiana were finding it more convenient to repudiate their obligations. Besides the Salem Bank, in the order of their establishment, are the City National Bank, the State Bank of Goshen and the Elkhart County Trust Company. THE SALEM BANK In 1854 the Salem Bank was founded as a state institution at what is now Wakarusa (then Salem) by John Cook and Thomas G. Harris. They conducted it as a bank of issue until 1863, when it was taxed out of existence, as such, and relinquished its charter. In that year its business was transferred to Goshen and it transacted. business as a private institution, under Mr. Cook, for the succeeding two years, the location being on the site of the present Masonic Temple. In 1865, John W. Irwin, the well known lawyer and public man, formed a partnership with Gen. Milo S. Hascall in the purchase of the business and good will of the Salem Bank from John Cook. That act accomplished, Mr. Cook soon afterward moved to New York, where he was engaged for about a year in the flour commission business; he then settled at Elkhart and became identified with the First National Bank of that city. In 1866 Irwin & Hascall, the new proprietors, moved the Salem Bank of Goshen to the location it has since occupied on the south side of the public square. It was at that time that Frank A. Hascall, brother of the general, and cashier these many years, became identified with the steady progress of the bank, and he has since been one of its stanchest pillars. John H. Lesh was for a time associated with Irwin & Hascall in the management of the bank, as in the manufacture of hardwood lumber. In 1890 General Hascall withdrew his interest in the bank and took up his residence in Chicago, and for some years after Mr. Irwin's death in 1898 it was conducted by the estate of the deceased, under the direct management of his son, Frank J. Irwin. Anthony Deahl is now president of the bank, and Frank A. Hascall has been its cashier for half a century. The capital stock of the Salem Bank is $140,000, and the individual responsibility of the joint owners is over $1,000,000. CITY NATIONAL BANK This institution, organized in September, 1872, is the only national bank in Goshen and has always been in that class. It is the city, county and township repository and also the United States. depository for postal savings. The City National Bank was organized with a capital of $50,000, H. H. Hitchcock being its first president. He was succeeded by Dr. A. C. Jackson, J. H. Defrees, A. L. Hubbell, J. M. Latta, W. Jack Latta, F. G. Hubbell (son of A. L.), D. A. Sanders and I. O. Wood. In 1884 the capital of the bank was increased from $50,000 to $77,000 and, in 1902, to $100,000 at which it still stands. Its surplus amounts to $50,000 and its undivided profits to $10,000; assets, $650,000, and average deposits, $360,000. The City National has had only four cashiers: Ira Nash and T. H. Daily previous to 1884; Charles J. Garvin, from 1884 to 1914, thirty years; and C. E. Cornell, since 1914. Another record of stability. THE STATE BANK OF GOSHEN The bank above named had its origin in the Farmers & Citizens Bank, organized in 1874. It was owned and operated by William A. Thomas, president, and LaPorte Heefner, cashier. In 1892 it was incorporated as a state bank under its present name, since which its presidents have been LaPorte Heefner, Charles W. Miller, Frank P. Abbott and Harris Oppenheim. David W. Neidig has continued as cashier during its entire period as a state institution. The capital stock of the State Bank of Goshen is $80,000, its surplus $10,750, and average deposits, $275,000. ELKHART COUNTY TRUST COMPANY This was first organized as the Elkhart County Loan & Trust Company at a meeting of stockholders held in April, 1900. They elected directors, who, in turn, named the following officers: Charles W. Miller, president; I. O. Wood, first vice president; Lou W. Vail, second vice president; D. W. Neidig, secretary and treasurer. Articles of incorporation were filed the same month. In May, 1903, T. A. Davis was elected secretary and treasurer to succeed Mr. Neidig. For the first six years the company was located in the State Bank, but in May, 1906, purchased the Charnley Corner, at Main and Lincoln streets, and remodeled the building for its purposes. In the meantime the capital of the company had been increased from $50,000 to $75,000, and in April its name had been changed to its present style. In May, a few days after the purchase of its separate quarters, new officers were elected as follows: Charles W. Miller, president; Lou W. Vail, first vice president; I. O. Wood, second vice president; Daniel M. Bechtel, secreMr. Vail was elected president in 1909 and tary and treasurer. P. R. Judkins in 1912, with Charles A. Pooley as secretary and treasurer. Upon the death of Mr. Judkins in April, 1914, Haines Egbert, the present incumbent, was elected president, and Mr. Pooley continues as secretary and treasurer. In 1914 the rooms of the company were enlarged and otherwise improved to care for the steady growth of its business. Besides doing a commercial banking business, the company conducts savings, trust, investment and loan departments. Its surplus is now $29,500; its loans amount to $469,000 and deposits to $627,000. ICAL CHAPTER XIII RELIGIOUS, CHARITABLE AND CULTURAL - METHODIST AND BAPTIST MISSIONARIES-DAYS OF THE METHO- The social, moral and religious forces at Goshen are solidly marshalled through the activities of numerous churches, societies and institutions; the history of which constitutes a chapter which probably concerns more people in the community than any other topic. In all new American communities of the past century, so largely settled by pioneers from the New England and old Middle states, hardly had bare provision been made for feeding and clothing the body than the emigrant commenced to consider the available means of bringing the comforts, supports and inspirations of religion within his reach. In that connection, the schools and churches ran a neck-and-neck race. METHODIST AND BAPTIST MISSIONARIES Itinerant missionaries of the Methodist Church were the first agents of the gospel to bring religion to the settlers of Elkhart 284 |