Peoples Deposit Bank (Burlington, Ky.)
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Title
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Peoples Deposit Bank (Burlington, Ky.)
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Description
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The bank was established in 1904, with an initial capital stock offering of $20,000. Owen Watts was elected first chairman of the bank and B.W. Adams, president.
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In June 1905, the lot was purchased for the erection of a banking house and ten percent of the stock was pledged to pay for a new bank building. The bank opened for business on November 6, 1905.
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Among the various presidents of the organization was Judge Nathaniel Riddell. The bank merged with the Boone County Deposit Bank (BE 150).
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Head
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Watts, Owen
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Adams, B.W.
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Riddell, Nathaniel
Burlington (Ky.)
