Banks in the city of Newport, RI 1856 File contributed for use in USGenWeb Archives by Susan W. Pieroth, (© 1997 Susan W. Pieroth) USGENWEB NOTICE: These electronic pages are for the use of indivisual researchers, and may NOT be reproduced in any format for profit or presentation by other organizations. Persons or organizations desiring to use this material for non-commercial purposes, must obtain the written consent of the contributor, or the legal representative of the submitter, and contact the listed USGenWeb archivist with proof of this consent. ------------------------------------------------------------------------ THE NEWPORT DIRECTORY, CONTAINING THE NAMES OF THE CITIZENS, A BUSINESS DIRECTORY, CITY RECORD, GOVERNMENT OF STATE, &C; 1856-'57 WILLIAM H. BOYD, COMPILER AND PUBLISHER, 229 BROADWAY, NEW YORK. ------------------------------------------------------------------------- BANKS IN THE CITY OF NEWPORT. Are open daily, from Nine A.M. to Two P.M. AQUIDNECK BANK--E×þress Building, Thames St., Newþort--Incorþorated 1854. Caþital, $100,000. Rufus B. Kinsley, President; Timothy Coggeshall, Cashier. Rufus B. Kingley, Joseph H. Record, John Wilbour, Samuel C. Bailey, Samuel S. Peckham, William P. Sheffield, Abraham T. Peckham, George B. Knowles, Thomas Coggeshall, Directors. John W. Vose, Benjamin H. Lawton, Clerks. Semi-annual meetings, January and July. Dividends þayable January and July. Discount, Mondays. BANK OF RHODE ISLAND--219 Thames Street, Newþort--Par value of shares, $100. Incorþorated 1795. Caþital, $100,000. Peleg Clarke, President; W. A. Clarke, Cashier. Nathan B. Hammet, Wm. C. Gibbs, Theophilus C. Dunn, Peleg Clarke, Wm. A. Clarke, Wm. Gardner, Augustus N. Littlefield, Directors. George P. Hammett, Clerk. Annual meeting, first Monday in January. Dividends payable first of January and July. Discount, Thursday. MERCHANTS’ BANK--153 Thames Street, Newport--Par value of shares, $100. Incorporated 1817. Capital, $100,000. Silas H. Cottrell, President; Charles D. Hammett, Cashier, Richard Swan, John V. Hammett, Silas H. Cottrell, Seth Bateman, David J. Gould, George A. Richmond, Wm. B. Sherman, Directors. Thomas A. Spencer, Clerk. Annual meeting, first Wednesday in October. Dividends payable first Wednesday in April and October. Discount, Mondays. NEW ENGLAND COMMERCIAL BANK--193 Thames St., Newport--Par value of shares, $50. Incorporated 1818. Capital, $75,000. George Bowen, President; George T. Weaver, Cashier. George Bowen, Josiah S. Munro, Henry Tisdale, Wm. H. Ailman, Thos. S. Stanhope, Samuel Allen, Directors. Charles P. Gilpin, clerk. Annual meeting, first Tuesday in January. Dividends payable first of January and July. Discount, Tuesday. NEWPORT BANK--3 Washington Square--Incorporated 1803. Capital, $120,000. William Vernon, President; H. C. Stevens, Cashier. William Vernon, William Stevens, Edward F. Newton, Edward T. Allen, Russell Coggeshall, William Brownell, John Rogers, Samuel B. Vernon, William Newton, Directors. Annual meeting, first Wednesday in January. Dividends payable January and July. Discount, Tuesday. RHODE ISLAND UNION BANK--178 Thames Street, Newport--Par value of share, $95. Incorporated 1804. Capital, $165,000. Charles Devens, President; Robert P. Lee, Cashier. Robert P. Lee, Charles Devens, Wm. Sherman, Wm. Littlefield, Wm. C. Cozzens, Edwards King, Directors. James G. Cozzens, Clerk. Annual meeting, first Tuesday in January. Dividends payable first of January and July. Discount, Wednesday. THE TRADERS’ BANK--161 Thames Street. Newport--Incorporated 1836. Capital, $88,080. Edwin Wilbur, President; Benjamin Mumford, Cashier. Edwin Wilbur, Benj. Marsh, Henry Y. Cranston, Jos. T. Perry, Oliver Read, Wm. W. Hazard, T. Mumford Seabury, John Allan, and John H. Cozze ns, Directors. William Crooke, Clerk. Annual meeting, first Monday in July. Dividends payable January and July. Discount, Thursdays. NEWPORT SAVINGS BANK--153 Thames Street, Newport--Business transacted at the Merchants’ Bank. Incorporated 1819. Amount of deposits, about $550,000. Benjamin Finch, President; Samuel S. Gyles, Treasurer; B. B. Howland, Secretary. Number of depositors, 2,200. CODDINGTON FIVE CENT SAVINGS BANK--Oliver Read, President; Edward W. Lawton, Vice-President. George W. Taylor, William J. Swinburne, Henry Y. Cranston, Alfred Smith, Job A. Peckham, Charles E. Hammett, jr., Thomas Coggeshall, John C. Ailman, George Cozzens, Directors. Benjamin Marsh 2d, Secretary; Joseph H. Havens, Treasurer.