Carroll-Clinton County IN Archives Biographies.....Eaton, Martin W. 1866 - 
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Joy Fisher sdgenweb@yahoo.com March 18, 2006, 12:03 am

Author: John C. Odell (1916)

MARTIN W. EATON.

   Perhaps no man now active in business in Flora, Carroll county, Indiana, has
enjoyed a more comprehensive experience in business than Martin W. Eaton,
secretary and treasurer of the Carroll County Loan, Trust and Savings Company of
Flora, Indiana, which Mr. Eaton helped to organize in 1910. The son of a
patriotic father who gave four years of his life to the service of his country,
Martin W. Eaton has successfully been engaged in farming, in teaching, in the
mercantile business and in banking. The fact that stands out conspicuously in
all of his commercial ventures is that he has experienced a uniform success in
everything to which he has turned his hand.

   Mr. Eaton is a native of Monroe township, this county, born east of
Bringhurst on March 22, 1866. He is the son of Henry H. and Elizabeth (Witter)
Eaton. The father was born in Union county, Indiana, on July 7, 1840, and there
grew to manhood. His wife was a native of the same county. They were married in
April, 1865, and came to Carroll county the next year. They located on the farm
where they lived until the father's death in 1912. When he came to Carroll
county, Indiana, he had no property and for several years was a renter. At the
time of his death, however, he owned two hundred and twenty acres of land,
practically all of which he had made from the toil of his own hands.

   In September, 1861, Henry H. Eaton enlisted in Company G, Thirty-sixth
Regiment, Indiana Volunteer Infantry, and served until September, 1864, when he
was honorably discharged. He was wounded at the battle of Rocky Faced Ridge, May
10, 1864. Henry H. and Elizabeth (Witter) Eaton had six children, of whom Martin
W., was the eldest; Emma R. is the wife of James McCarty, of Carroll county;
Samuel G. is a resident of Fort Collins, Colorado; George E. is a farmer in
Carroll county; Anna A. is the wife of J. M. Earley, of Nappannee, Indiana;
Roxie B. is the wife of Earl Cleaver, of Isabelle, South Dakota.

   Reared on the farm and educated in the district schools of Carroll county,
Indiana, especially of Bringhurst, at Franklin College and the Indianapolis
Business College, of Indianapolis, Indiana, Martin W. Eaton taught for some time
in the Business College at Crawfordsville, Indiana, after finishing his
education for business. Afterwards he went West and for five years was assistant
cashier of the Citizen's Bank at McCook, Nebraska. Upon his return to Flora,
Indiana, he engaged in the clothing business for twelve years, but sold out. For
the next two years he was assistant cashier of the bank at Rossville, Indiana.
On June 1, 1910, Mr. Eaton assisted in the incorporation of the Carroll County
Loan, Trust and Savings Company, and for the first six months served as
president of the institution. He was then elected as secretary and treasurer,
which position he now holds.

   The second annual report of the Carroll County Loan, Trust and Savings
Company, issued on March 30, 1912, shows that the deposits had increased from
June 1, 191 o, the opening day, when they were $38,841.59, to March 30, 1912, to
$103,558.56. The total resources of the trust company on March 30, 1912, were
$130,547.61, and the total liabilities a like amount. The resources were
itemized as follow: Loans and discounts, $86,940.43; overdrafts, $26.34; bonds
and stocks, $228.67; company's building, $11,500.00; furniture and fixtures,
$2,500.00; due from banks and trust companies, $23,329.12; cash on hand,
$5,866.53; cash items, $156:52. The liabilities are itemized as follow: Capital
stock, $25,000.00; undivided profits, $736.56; interest, discount and other
earnings, $759.24; deposits, $103,558.56; reserved for street improvement,
$493.25. At that time the officers were as follow: Charles E. Smith, president;
Charles R. Reist, vice-president; U. D. Guth, vice-president; M. W. Eaton,
secretary and treasurer; E. C. Metzger, assistant secretary and treasurer. The
directors included, besides the first four officers named, Henry Rinehart, J. L.
Acker-man and N. E. Knettle.

   Mr. Eaton's wife before her marriage was Inez Smith, a native of Lafayette,
Indiana, who was graduated from the Rossville public schools. Mr. and Mrs. Eaton
have had two children: Lois M., born on August 4, 1898, is a student in the high
school; Henry S., born on November 4, 1899, is also a student in the high school.

   Mr. Eaton, besides his interest in the Carroll County Loan, Trust and Savings
Company, owns eighty acres of land in Monroe township. Mr. and Mrs. Eaton are
members of the Christian church and Mr. Eaton .is treasurer of the congregation
and takes an active interest in church work. Fraternally, he is a member of
Flora Lodge No. 605, Free and Accepted Masons, and is the present master. He is
also a member of Clinton Chapter, Royal Arch Masons, and of Frankfort Council,
Royal and Select Masters. He belongs to the Indiana Consistory, Ancient Accepted
Scottish Rite Masons at Indianapolis, and to Murat Temple, Nobles of the Mystic
Shrine. He is a member of Fountain City Lodge No. 280, Knights of Pythias, in
which he is a past chancellor and a member of the grand lodge. Elected as a
Republican, he served a term as treasurer of the corporation of Flora. Mr. Eaton
is an honorable citizen, a man with generous impulses, conservative in business
but nevertheless aggressive where this quality is needed. He not only possesses
the confidence of the officers and of the directors of the institution of which
he is the executive head, but likewise the confidence of the public generally.


Additional Comments:
Extracted from:

BIOGRAPHICAL SECTION
of

HISTORY OF CARROLL COUNTY INDIANA

ITS PEOPLE, INDUSTRIES AND INSTITUTIONS
BY
JOHN C ODELL
With Biographical Sketches of Representative Citizens and
Genealogical Records of Many of the Old Families

ILLUSTRATED
1916
B. F. BOWEN & COMPANY, Inc.
Indianapolis, Indiana


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