THE CITIZENS NATIONAL BANK
The Citizens National Bank was organized in 1870 and began
business July first of that year. James A. Lamb and Louis E.
Mathers were the promoters of the enterprise and associated
with them were John H. Mathers, Edmund Smith. William Johnston,
Jacob Piper, Sr., Samuel Rice, John Barkalow, C. T. Pomeroy,
James Murray, George Hemm, W. L. Alfele, Kendal and Conroy and
Mr. Lamb was its first president until his death in 1808 and
was succeeded by H. W. Thompson, who died in 1908. W. P. Metcalf
followed Mr. Thompson and in 19 10 was succeeded by Dr. H. E.
Beebe. Louis E. Mathers was its first cashier. He died in 1872
and the next cashier was his brother, O. O. Mathers. In 1875
W. E. Kilborn succeeded Mathers and remained with the bank until
January 13, 1881, when he was followed by W. A. Graham, who still
occupies the place.
The institution has a capital stock of $100,000 with a surplus
and undivided profits of $65,000.
The present official force of the bank is Dr. H. E. Beebe, president;
C. W. Frazer, vice president; W. A. Graham, cashier. Board of
directors — W. A. Graham, W. P. Metcalf, H. E. Beebe. Jacob Piper,
I. N. Vandemark, C. W. Frazer. and YV. B. McCabe.
The bank enjoyed a natural and prosperous growth and in view of the
urgent necessity for a home better suited to the increasing
requirements of its business erected a modern brick building equipped
for security and convenience on the site of the old one at the corner
of Poplar and Main streets in 1888 at a cost of $25,000.