Multnomah County OR Archives Biographies.....Newhall, H. H. 1857 - ************************************************ 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 September 20, 2010, 11:14 pm Source: History of the Columbia River Valley From The Dalles to the Sea, Vol. III, Published 1928, Pages 509 - 510 Author: The S. J. Clarke Publishing Company H. H. NEWHALL. For a third of a century H. H. Newhall has been at the head of the Bank of East Portland and during this period has so conducted the affairs of the institution as to gain for it a steady and healthy growth and a reputation as one of Portland's solid and substantial banks. It was established in 1884 as the First National Bank of East Portland by the Summerville and Breyman families and B. H. Bowman. The capital was fifty thousand dollars and its first location was at the corner of old L and Fourth streets, now East Washington street and University avenue. The capital was later increased to one hundred thousand dollars. The first president was Werner Breyman, who was succeeded by B. H. Bowman, and the cashiership was held first by B. H. Bowman, who was succeeded by E. T. Holgate. In 1895 the owners decided to liquidate the bank and retire from active affairs, and at the same time H. H. Newhall, who took charge of the liquidation of the old bank, started the East Side Bank, which took over the old banking room. The actual cash capital of the, new bank was two hundred and fifty dollars and it was operated as a private bank, there being no laws at that time regarding state banks. Mr. Newhall was the first president of the East Side Bank and has held that position continuously to the present time. E. T. Holgate continued as cashier until the first Alaska gold rush, when he went to that territory and was lost at sea while returning home. W. J. Lyons then became cashier, and was succeeded by Roger Newhall. When the present state banking laws were enacted, Mr. Newhall incorporated the Bank of East Portland, with a capital of twenty-five thousand dollars, which took over the East Side Bank, and erected a banking building at the corner of East Alder street and Grand avenue. The present capital of the bank is one hundred thousand dollars, the surplus and undivided profits amount to seventy-five thousand dollars, and the total resources are one and a quarter million dollars. The present officers and directors are, H. H. Newhall, president; Roger Newhall, cashier; Mrs. L. Newhall and G. R. Pooley, vice presidents. H. H. Newhall was born in Rhode Island in 1857 and is a son of Dr. Thomas K. and Eliza Ann (Harris) Newhall. He received his educational training in New England and in young manhood was employed at office work. In 1883 he went to Idaho and for several years was at Coeur d'Alene, where he was connected with the Post Traders Company. Later he went to Wardner, Idaho, where he built the first board house. After living there a short time, he went to Spokane, Washington, where he was connected with the Spokane Review, and later he went to Seattle, where he remained until 1889, when he came to Portland, where he has lived continuously since, being engaged in the real estate business to the time when he entered the banking business. In 1888 Mr. Newhall was united in marriage to Miss Louise Pape, who is a native of Illinois and a daughter of B. and Dorothy Pape, both of whom are deceased. They brought their family to Oregon in 1870. Mr. and Mrs. Newhall have two children: Roger, who is cashier of the Bank of East Portland, married Miss Ann Nichols and they have a son, Roger, Jr.; and Dorothy is the wife of G. R. Pooley, of Hood River, Oregon, and they have two children, Randolph and Barbara. Mr. Newhall is a member of the Masonic order, the Improved Order of Red Men, the Woodmen of the World, the Chamber of Commerce and the East Side Commercial Club, and Mrs. Newhall is a member of the Order of the Eastern Star. He has always been interested in public affairs and while living in Kootenai county, Idaho, was a member of the board of county commissioners. The qualities of keen discrimination, sound judgment and executive ability enter very largely into his makeup and have been contributing elements to the splendid measure of success which has crowned his efforts. Because of his sterling character and consistent support of those things which tend to promote the best interests of his fellowmen, he commands the uniform confidence and respect of those who know him and has a large circle of admiring friends. File at: http://files.usgwarchives.net/or/multnomah/bios/newhall1283gbs.txt This file has been created by a form at http://www.genrecords.org/orfiles/ File size: 4.9 Kb