Multnomah County OR Archives Biographies.....Marsh, Arthur C. May 10, 1881 - ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/or/orfiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Ila L. Wakley iwakley@msn.com June 18, 2009, 1:42 am Author: The S. J. Clarke Publishing Company ARTHUR C. MARSH is an astute financier with a background of more than thirty years of practical experience and exerts a strong influence in investment banking circles of Portland as the executive head of a large corporation which handles first mortgages and bonds. He was born May 10, 1881, in Quincy, Illinois, his parents being Wilbur Clark and Katherine (Sedgwick) Marsh, who are deceased. His public school education was supplemented by attendance at Columbia College and soon after leaving that institution of learning he entered the National City Bank of New York, where he received excellent training. During the underwriting by J. P. Morgan & Company, of the United States Steel Corporation, he was with the New York Security & Trust Company, now the New York Trust Company, and was next in the employ of the Title Guarantee & Trust Company of New York. For a time he was associated with Hon. Charles S. Fairchild, secretary of the treasury of the United States during the Cleveland administration, and had public accounting training with the General Audit Company of New York during the organization and reorganization of some of today's leading rail, steel, copper, motor and utility corporations. He served for eight years as secretary-treasurer of the Cobbs & Mitchell Company, engaged in the manufacture of lumber and by-products in Cadillac, Michigan, and Portland, Oregon, and for two years, until 1926, was attorney-in-fact and district manager of the National Mortgage Company of California. In 1926 he organized The Arthur C. Marsh Company, which is engaged in the business of buying and selling mortgages and bond issues on improved and income-producing city real estate. Its funds are vested wholly in real estate mortgages and other acceptable collateral. The company purchases mortgages and bond issues at a reasonable discount and realizes a profit thereon by their sale to investors at full face value. At the present time the firm is confining its leading operations to the large and medium-sized cities of Oregon through the Portland offices, but as rapidly as competent representation can be secured other agencies will be established and leading operations extended to cover the entire Pacific coast from Seattle to San Diego. The authorized capital of the company is seven hundred and fifty thousand dollars and the assets on May 31, 1928, amounted to four hundred seventy-five thousand and eight hundred dollars. Since its organization The Arthur C. Marsh Company has adhered to the most conservative policies, thus inspiring public trust and confidence, and as a natural result the business has enjoyed a rapid growth. The present officers are: Arthur C. Marsh, president and treasurer; W. Lair Thompson and William G. Phoenix, vice presidents; and Frank B. Mitchell, secretary. Their associates on the board of directors are J. H. Lausmann, Ross B. Hammond and Wilbur T. Marsh. Arthur C. Marsh was married December 25, 1907, to Miss Maybel Alvord, of Seward, Nebraska, and both are distinct adjuncts to the social life of Portland. Thoroughness and conscientiousness have always characterized his work and each step in his career has been an upward one, bringing him a broader outlook and wider opportunities. A large and efficiently managed business is the visible result of his powers of organization and administration, and his high ideals and standards are reflected in the methods followed by the house. Additional Comments: History of the Columbia River Valley From The Dalles to the Sea, Vol. II, Pages 890-893 Photo: http://www.usgwarchives.net/or/multnomah/photos/bios/marsh794gbs.jpg File at: http://files.usgwarchives.net/or/multnomah/bios/marsh794gbs.txt This file has been created by a form at http://www.genrecords.org/orfiles/ File size: 4.2 Kb