James B Madison

The History of West Virginia, Old and New
Published 1923, The American Historical Society, Inc.,
Chicago and New York, Volume III,
pg. 458
Kanawha

JAMES B. MADISON is secretary-treasurer of the Vir-
ginian Joint Stock Land Bank, at Charleston. Mr. Madi-
son is a young business man and banker, whose experience
gives him exceptional qualifications for the management of
a bank organized under the Federal Farm Loan Act.

He was born in Indianapolis, Indiana, April 28, 1885.
His education was acquired in the public schools of his
native city, and following that he took up the life insurance
business. .From a solicitor in the field he was promoted
through various branches until he became superintendent
of agents at the home office. Leaving the insurance busi-
ness in 1910 Mr. Madison became an apprentice appraiser
for a farm mortgage concern, and has engaged in all the
departments of that business. He has the distinction and
experience ot having made appraisements and loans upon
farm lands in every state in the United States and a large
portion of Canada.

The Virginian Joint Stock Land Bank of Charleston,
was organized by Mr. Madison and his associates in 1917.
Its service covers the states of West Virginia and Ohio,
and the Bank now has aggregate assets of about $5,500,000.
This bank has the distinction of having made the first loan
completed under the provisions of the Federal Farm Loan
Act.

Mr. Madison married, in 1905, Miss Lillian Evelyn Ashe
of Houston, Texas. They have one son, James B. Madi-
son, Jr.



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