In the present organization the capital remains the same, the directors are J. Frank Watson, R. L, Durham, R. W. Hoyt, W. H. Fear, Geo. Its officers then were J. Frank Wat- son, president; R. L. Durham, vice-president; George W. Hoyt, secretary, and S. C. Catching, assistant secretary. The financial institution continued underneath practically the same administration, Tyler Woodward serving as president for a time period, till October 31, 1902, when it was amalgamated with the Ainsworth National Bank, the controlling curiosity therein being at that date purchased by Mr. J. C. Ainsworth and his associates; and on the same date Mr. Ainsworth was elected president; W, B. Ayer, vice-president; F. C. Miller, cashier. January 9, 1883 - Henry Failing, president ; H. W. Corbett, vice- president; G. E. Withington, cashier. H. Fear, secretary; S. C. Catching, assistant secretary; O. W. T. Muellhaupt, cashier. The current officers are: Henry L. Pittock, president; N. U. Carpenter, vice-president; A. S. Nichols, vice-presi- dent; B. Lee Paget, secretary; C. W. DeGraff, assistant secretary; G. W. Up- shaw, assistant secretary; Harriet E. Moorehouse, superintendent girl's de- partment.
The primary officers have been: S. B. Willey, president; H. R. Lewis, vice-president; F. McKercher, secretary and C. B. Wadleigh, manager; and F. McKercher is the actual founding father of the affiliation. The Scandinavian-American Bank was opened for business in Portland Jan- uary II, 1908, with the next ofliicers: C. F. Hendricksen, president; Sylvester Petersen, vice-president; Anthon Eckern, cashier. The financial institution based by W. S. Ladd and C. E, Tilton continued as a partnership until 1908, when it was reorganized as a personal corporation under the outdated title, and as such is now operated by the stockholders. THE LADD & TILTON Bank. On May 24, 1907, a branch of the original financial institution of Geo. On January 24, 1910, an workplace was opened on the west side within the Henry constructing at Fourth and Oak streets, which was and is right now the principle workplace of Geo. It was organ- ized on July 4, 1865, and commenced business in somewhat room within the second story of the brick home on the west side of Front avenue three doorways south of Stark road. W. Bates & Co., Bankers, was opened at Williams avenue and Knott avenue.
The places of work at Williams avenue and Knott street and at Russell and Borthwick streets, are known because the Williams Avenue department and as the Russell Street department, re- spectively, of Geo. They're constructed to withstand harsh environments, making them an excellent choice for rock live shows where the vitality is excessive and the movements are fast-paced. In 1864, and the years instantly following, the Bank of British Co- lumbia rendered very useful service to the group of Portland by making loans of appreciable amounts to the college district pending the collection of taxes ; and as soon as wool elevating became an necessary business in the state, adopted by salmon packing, and in 1870 by wheat raising, the department took its share in financing the requirements of the exporters. The year 1889 delivered to Portland two men from Minneapolis, Minnesota, C. B. Wadleigh and F. McKercher, the former representing a farm implement concern, the latter secretary of the Pacific Coast Elevator Company.
The Portland branch of the Bank of CaHfornia is the successor of the Port- land branch of the London and San Francisco Bank. The first National of Portland, the oldest nationwide bank on the Pacific coast, having now the most important capital and enterprise, and having had an open history from its unique group, naturally stands first in point of curiosity. On February, 1905, the California Bank bought the business on the Pacific coast of the London and San Francisco, in the cities of Portland, Seattle, Tacoma and San Francisco. Bankers' and Lumbermen's Bank, by articles of association, price jexecuted by D. C. Pelton, Robert T. Piatt and John A. Keating, as incorporators, which articles have been filed within the workplace of the secretary of state of the state of Oregon, on the 6th day of April, price 1906. The members of the first board of directors have been: D. C. Pelton, F. H. Rothchild, Dr. K. A. J. Mackenzie, John A. Keating, Robert T. Piatt, Portland, Oregon ; Edward C. Mears, H. D. Story, Portland, Oregon ; and George C. Bingham, Salem, Oregon. The safety Savings and Trust Company of Portland, was included in 1890. The primary board of directors was composed of Henry Failing, C. H. Lewis, C. A. Dolph, Joseph Simon, A. L. Mills and C. F. Adams.
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