Berney National Bank: Difference between revisions
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[[Image:Berney National Bank.jpg|right|thumb|125px|Berney National Bank in 1887]] | [[Image:Berney National Bank.jpg|right|thumb|125px|Berney National Bank in 1887]] | ||
The '''Berney National Bank''' was founded as the '''Central Bank of Birmingham''' in February [[1885]] by [[William Berney]], the second president of the [[National Bank of Birmingham]] and a protege of [[Charles Linn]]. | The '''Berney National Bank''' was founded as the '''Central Bank of Birmingham''' in February [[1885]] by [[William Berney]], the second president of the [[National Bank of Birmingham]] and a protege of [[Charles Linn]]. Other initial investors included [[Robert Jemison]], [[L. D. Aylett]], [[Joseph McLester]], and [[Truman H. Aldrich]]. | ||
The bank was reorganized a year later as the Berney National Bank with $800,000 in capital stock. The bank was absorbed by [[First National Bak of Birmingham]] in [[1901]]. | The bank was reorganized a year later as the Berney National Bank with $800,000 in capital stock. The bank was absorbed by [[First National Bak of Birmingham]] in [[1901]]. | ||
Revision as of 01:16, 7 March 2007
The Berney National Bank was founded as the Central Bank of Birmingham in February 1885 by William Berney, the second president of the National Bank of Birmingham and a protege of Charles Linn. Other initial investors included Robert Jemison, L. D. Aylett, Joseph McLester, and Truman H. Aldrich.
The bank was reorganized a year later as the Berney National Bank with $800,000 in capital stock. The bank was absorbed by First National Bak of Birmingham in 1901.
The bank's vice president was Harry L. Badham. W. P. G. Harding served as assistant cashier from 1886 to 1894, when he was promoted to cashier. Two years later he would join First National Bank as a vice president.
References
- Kilpatrick, Andrew (1996) A Legacy of Leadership: A History of AmSouth Bank. Birmingham. AmSouth Bank.