The
Dionne Pasche
Urban Studies
Section 100 - 4
Past to Present
I
trudged down Val Illm Drive with a backpack stuffed with books from my previous
classes. On this hike I started my
journey of the Walking Tour. Gathering
at
The walking tour gave the groups insight about the
city of
While
walking up and down sidewalks, and feeling the climate change from cool to
warm, we stopped for a restroom break in the new City
Hall. Dr. J. said that we were half way
through the tour. I followed the crowd
expecting the same things as we saw before, but after I stepped out the door
there stood a large building looking quite young. It was the
Before 1865 a couple of attempts were made, prior to
the war, to start banking. During that
fall, J. J. Thornton, Senator Monton S. Wilkinson, John N. Hall, and Mr. James
B. Hubbell created a company to successfully bank; they called the company J. J. Thornton and Company. On
The following spring, on the corner of
The first president of The First National Bank of
“The new bank drew in rapid business by advertised
[sic] a twelve per cent loan per annum and would pay seven per cent on
certificates of deposit. In 1876, the one-story building was erected. Then by the new year of 1908 the growth
deposits grew to $1,080,095.” (The
Record of 40 Years, page 9).
The First National Bank of
When the First National Bank relocated the old
foundation became the
The
Today the Ellerbe building is a part of the
Bibliography
·
·
The Heritage
of
·
The Record of
40 years, Published 1908, by The
First National Bank of
·
Walking Tour, by Dr. J. Cherrington, URSI 100-4 Class Packet F01
Semester, p. 12.