Bio of HUBBARD, Ackley (b.1849), Hennepin Co., MN
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EXTRACTED FROM: History of Minneapolis, Gateway to the Northwest; 
Chicago-Minneapolis, The S J Clarke Publishing Co, 1923; Edited by: Rev. 
Marion Daniel Shutter, D.D., LL.D.; Volume I - Shutter (Historical); 
volume II - Biographical; volume III - Biographical

ACKLEY HUBBARD - Vol III, pg 208, 211
Among those who are active in controlling the financial situation in Minneapolis
is Ackley Hubbard, president of the American State Bank, which institution he
estab­lished in 1916. A native of New York state, his birth occurred in Massena,
on the 5th of September, 1849, a son of Stephen W. and Anne E. (Barnett)
Hubbard.
In the acquirement of his education Ackley Hubbard attended the schools of
Rossie and subsequently took up the study of law with L. M. Pemberton, a
prominent attorney of Spencer, Iowa. From 1865 to 1872 he followed the
mechanic's trade and in 1876 commenced the practice of law. While a resident of
Iowa he was clerk of the district court of Clay county from 1872 to 1876, and he
was auditor of the same county 1878-9. From 1884 to 1891 he engaged in the
mercantile business in Spencer, Iowa. In the latter year, however, he made his
initial step into financial circles and has since devoted his entire time and
attention to the banking business. From 1889 to 1890 he was cashier of the First
National Bank of Spencer, Iowa, and then went to Pasa­dena, California, to
become cashier of the San Gabriel Valley Bank. After a few months he returned to
Spencer, Iowa, where he became president of the First National Bank, remaining
there until 1896. He was cashier of the Citizens State Bank and the Citizens
National Bank, its successor, from 1897 to 1906; was vice president of the First
National Bank and Farmers Loan & Trust Company at Sioux City, Iowa, for two
years, from 1906 to 1908; president of the First National Bank of Sioux City
from 1908 to 1909; and one year he was president of the Iowa Bankers
Association. In 1911 Ackley Hubbard came to Minneapolis and in 1916 established
the American State Bank, of which he is president. Henry A. Hubbard is cashier
and Alice S. Hubbard is teller. Mr. Hubbard is also president and director of
the Northern Iowa Land & Lot Company. He is one of the best known men of the
city, respected and honored for his conservative methods and sound business
judgment-a typical business man of the present day, alert, enterprising and
determined.
On the 26th of December, 1872, occurred the marriage of Ackley Hubbard to Miss
Martha Hunt, a daughter of Mark and Letitia (Lee) Hunt. To their union four
children have been born: Alice E.. Florence M.; Henry A.; and George A., who
died when he was seven years of age.
In his political views Mr. Hubbard is a republican. He has always been actively
interested in party affairs and his influence is ever on the side of advancement
and improvement. He has been a member of the Independent Order of Odd Fellows
for some fifty years and is likewise a member of the Knights of Pythias and the
Ancient Order of United Workmen. The best principles of honor and integrity have
governed him in all transactions and he enjoys the confidence and esteem of all
with whom he has come into contact.