xt7sxk84jq03 https://exploreuk.uky.edu/dips/xt7sxk84jq03/data/mets.xml Scribe. 1923  books b96-4-34068327 English John P. Morton, : Louisville, Ky. : Contact the Special Collections Research Center for information regarding rights and use of this collection. Now and Then Club of '63. Clubs Kentucky. Now and then club of '63  : "minutes" of its organization and thirteen nightly meetings / by the scribe ; foot-notes and annotations by his grandson. text Now and then club of '63  : "minutes" of its organization and thirteen nightly meetings / by the scribe ; foot-notes and annotations by his grandson. 1923 2002 true xt7sxk84jq03 section xt7sxk84jq03 




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"Minutes" of its Organization



and Thirteen



Nightly



Meetings

     By
THE SCRIBE



Foot Notes and Annotations by his Grandson











        LOUISVILLE
   JOHN P. MORTON & COMPANY
       INCORPORATED
          1923

 




































         COPYRIGHTED, 1923
fly "The Grandson of the Banker of '63"

 































            TO MY FRIEND
Who has been a constant source of inspiration
        to youth in all walks of life

 This page in the original text is blank.

 








                       FOREWORD

    M1 ZANY seek the rainbow's end for riches; others dig in the
          ground; but I found gold rummaging in our attic. I was
          looking for a counterfeit (presentment) and discovered
          wealth in the leaves of a book. May I tell You the story
     A few weeks ago The Courier-Journal printed an invitation to us
Louisville folks to "take a trip through the old family album" in an
effort to locate pictures made way back in Sixty-Three for a series of
historical articles. Selecting Thanksgiving afternoon for the search,
I went scurrying to elvan gables.
    At the bottom of a travel-worn trunk the exploration disclosed-
not a book of fading views-but

               A RECORD OF THIRTEEN MEETINGS
                       IN DECEMBER, I863
                   OF THE NOW AND THEN CLUB.
    Leather-bound it held scores of pages-broad ruled-written in
a hand that the steel engraver would envy, in the ink of the era that
defies the ages.
    The fly-leaf contained the inscription I have quoted above with
these words beneath:

                         DEDICATED TO
        Louisville's Future Merchant Princes and Cap-
        tains of Industry, Lawyers, Doctors, Preachers
        and Teachers, Actors, Authors, Artists and Sculp-
        tors, Editors, Politicians, Bankers and Travellers,
        Musicians, Magicians, Lodgemen and Sportsmen,
        Johnnie Rebs and Yankees.
    I couldn't lay the musty minute book down until every page
had given up its absorbing story.
    In that space between turkey dinner and twilight, Time turned
backward for me in a most entrancing manner. From earliest child-
hood to my thirtieth birthday last spring, my father-a youth of I5
in '63-had tried to interest me in tales of that period in Kentucky.
    Before I turned the leaves of this old volume, I had classed
much of his reviews of the olden days as romance and oft, I fear,
did not hide my incredulity. Poor old Dad has gone "to the other
Kentucky," as he always defined the Paradise beyond the pearly
gates, and I can not beg his pardon for youth's offense to age.

 




     I can and will make late amends by confessing complete enchant-
ment over Louisville in '63, in evidence of which I have pecked out
on a rusty-jointed Calligraph that my father used in the dim past,
the "record of the meetings" of the Now and Then Club-a further
proof of my contrition.
    As I re-read the volume, while typing it, the knowledge that the
penmanship was that of my grandfather-my father's father-came
slowly, in recalling having been shown a package of letters written to
Dad in his college days.
    I found in the lower left hand corner of the final sheet, about
where a publisher puts his imprint, these words:

                "Ye Scribe Wonders and Wonders
                    What Will Be Happening
                 The Coming Three Score Years."

    Grandfather had left this book with his son to hand on to his
son, I am confident. My lack of interest in the past robbed me of
the pleasure of reading it over with Dad. But for the request in The
Courier-Journal it might have remained uncovered another sixty
years, and Granddad's wonder remained unanswered. I have tried
in the foot-notes to give him, "way up there," an inkling of some of
the happenings within the sixty years now ending.
    Laid carefully between the pages were 14 photographs of street
scenes or buildings, men or women of '63.
    Today I showed the original volume and my foot-notes, together
with the pictures, to three "old inhabitants," friends who hallow the
memory of my father. All urged me to publish them in book form.
    It may be that I am making public a volume not aimed for
eyes other than those of Club members in '63 and of The Banker's
future generations. Granddad injected many personal opinions in
the book. He certainly let his suspicions of The Bachelor and The
Author's Bride run riot. I am led to believe the other members of
the Now and Then Club never got to see the "minutes." Else they
would have destroyed all record of the near-tragedy, the romance, the
comedy, my ancestor wove into the nights.
    But for the fact that identity was completely hidden in the roster
of titles rather than names, I would not dare put my Granddad's
philosophies in cold type. And I am laying this further unction to
my conscience: The distribution is to be private.
    The "Minutes" here presented are exact copies of the record of
the meetings in '63, headings and pictures and all. It was necessary
to insert numerals for reference to my foot-notes. The side annota-
tions, of course, are mine, too.

                          THE GRANDSON OF THE BANKER OF '63.
December Eleventh,
Nineteen Twenty-Three.

 






















Our Globe Trotter-Tihe Bachelor



            Organization Night


FORMATION OF CLUB TO RECORD IN PART LOUISVILLE'S LIFE
     IN '63 WITH A GUESS AT THE FUTURE'S UNFOLDING,
       AND A GLIMPSE OF THE PAST'S ACHIEVEMENTS



                 Monday Night, November 30, 1863



      C REDIT for the suggestion that we form a Club to while away  To While
      the long December evenings is due to The Bachelor. He made
      the proposal as we sat in the parlor of the Galt House' last  Away
      Thursday   night, following  the most elaborate Thanks-      December
giving banquet2 Louisville people had enjoyed since the city was   Nights
chartered.
    The Bachelor was our host at his "home"-the hotel at Second
and Main Streets. Nineteen of us and our wives had revelled in
food for the body and also food for the mind-ali but two of the com-
pany of 39 being brilliant in conversation to-night. The couple ex-
cepted were just back from a honeymoon and still too engrossed in
each other's talk to share it with us.

     'The hostelry in which the "Now and Then Club" was organized burned to
the ground two years later, being re-built at First and Main.
     'The bounteous provisions of Jefferson County were the wonder of troops
passing through, who had been in war-ravished sections. Every smoke-house was
full of old hams, excepting where cavalry-men had swung the contents on their  Larders
saddles and galloped away to a feast at a camp fire; droves of turkeys were in barn
lots; pantries were laden with jellies; venison was on the market. Of course the  Full
Galt House could serve a great feast.
    'Thirty-five years before '63.



Page One

 



Bachelor's
   Fiancee
   Eloped
       with
Other Alan











      Frost
      on the
Egg- Nogs



     Bride
     to the
     Rescue
























     Open
  Seasons
    of 63



     Our hospitable Bachelor, a great traveller, recently returned
 from a voyage to Japan4, still worried over the loss of a bluegrass
 belle who had thrown him over more than a decade before to
 marry a Lexington chap for a bridal tour to the California gold
 fields5,-looked the part of a martyr as his glances stole in the direc-
 tion of the happy pair.
     That must have been what prompted him to urge nightly meet-
 ings of those present during all the pre-Christmas period possible.
 Everyone, even the 'cooing doves," recognized the certainty of
 his loneliness, and without a hint of opposition the agreement was
 made.
     Consenting in haste, we were as quick to repent the decision.
 Realizing that i9 couples and an unmarried fellow couldn't put in three
 weeks of nights, though Sundays were to be omitted, in mere con-
 versation, without losing a lot of the brotherly love so necessary
 around the season of "Peace on Earth, Good Will to Men," all of us
 began to make excuses. The Bachelor, now somewhat convivial,
 reminded us that liquid cheer could convert the most stagnant eddy
 into a babbling brook6. Some of the men, veritable weathervanes,
 with visions of nightly egg-nogs, gave voice to renewed enthusiasm
 for the organization of a Club, but they were quickly silenced by a
 chorus of objection from their wives, whereupon our host, facing a
 December robbed of sociability, grasping at straws, promised to
 "sign the pledge7" if we would but go ahead with the plan.
     At this point the bride came to The Bachelor's rescue. His
glance of esteem bestowed upon her gave a new definition to gentle-
ness, making half the wives sigh an aside: "Wouldn't he have been a
dear as a husband" She had been silly at the supper table, but now
she retrieved marvellously.
     The Sportsman-Nimrod of our party, just back from a hunts-
brought laughter to all of us with his whimsical observation: "She is
as good a Pointer as she is a Setter." The groom indignantly pro-
tested: "Don't you dare class my wife with bird-dogs." The Hun-
ter smiled: "You don't know the great compliment I have paid her.
She has 'pointed' a big covey of delightful nights for us men. Please
don't flush the game."
     Most of the wives saw in the bride's suggestion that the Club
membership be limited to men an opportunity for quiet evenings
at home, filled with new designs in needle-work for Christmas gifts,
but they wondered how a bride could "hatch up a scheme to send her
young mate away from home for two hours after supper each night."
The object of this wonder confessed to my wife before our party broke

     'Perry had opened the doors of Japan only a few years before. The Bachelor
was the first Louisvillian perhaps to invade the Mikado's land.
     5The gold discovery in California had been history for 15 years, but the
rush from the East on the fields of riches did not begin until 1850.
     6It was during the winter of '63 that many Louisville coffee houses were
closed for selling liquor to soldiers. Bracken County, alone, during '63, made over
31,000 gallons of wine. Four counties in the State distilled around 800,000 gallons
of whisky; the internal revenue tax was only 20 cents a gallon. Kentucky distillers
had real troubles during the '63 winter. By military general orders the distilla-
tion of corn was prohibited in Kentucky, but powerful influences must have
worked hard, because the orders were revoked in less than a month.
     7Maine had put a ban on drinking 12 years before '63, and many women in
Louisville were hoping for some restrictions here. Frances E. Willard was only 24
then, with her active temperance work 11 years off, but there were others holding
up the white ribbon banner.
     8The open season for quail in the '60s was September 1 to April 1; wild ducks,
September 15 to May 1; deer, August 1 to March 1. Smokeless gunpowder was
first in use in '63.



Page Two

 



up that she wanted enough time alone to make "him" a smoking
jacket for Christmas; she had seen the darlingest pattern in the
November "Godey's Lady's Books."
    So, while the women, collecting near the log fire-place, fell to a
general discussion of embroidery, of knitting gloves and wristbands,
of making black cakes and patronizing the stores that were taking on
holiday attire, we men, to relieve congestion in the parlor, grouped out
in the hall to try to arrange for a Club that wouldn't go to pieces from
boredom.
    As the Banker, mayhap with an eye on deposits, I tendered to the
association the use of the room designed for directors in the building
at the northeast corner of Bullitt and Main Streets, being fitted for
the new bank soon to open its doors, but The Merchant, who had sold
the chairs and table to the bank, knew the size of that room and poked
fun at the thought that a score of men could meet comfortably in
so small a space',. The Manufacturer said he would arrange with
the Board of Trade to use its room for the nightly gatherings.
    We were making progress, still we were minus a real reason for
having a Club; The Bachelor's excuse-"to while away long Decem-
ber nights", and the Bride's-"getting rid of the men folks just be-
fore Christmas"-didn't carry the big appeal. It remained for him
whom we later dubbed The Historian to propose something tan-
gible. Here's about the way he extracted the milk from the coconut,
which had been so hard for us to crack-I'm sorry my training has
not been that of an amanuensis, so I could quote literally: "We are
at the close of a history-making year1; we live in a city destined to be

     gThis was the popular magazine for fashions, recipes, fancy work, designs,
poems, short stories. Subscription clubs of ten provided reading for 50 families-
the original circulating library.
     "A branch of the Southern Bank of Kentucky, dating back to 1839, had
been occupying the building which was to be the home of the new "Citizens Bank,"
but was about to liquidate. The original subscribers to the 250,000 of capital
stock of the new Citizens Bank and their respective holdings were as follows:
Richard Atkinson, Charles Ripley, Alonzo Rawson, 5,000 each; Gavin H. Coch-
ran, 3,000; Zachariah M. Sherley, 52,000; Wm. F. Barret, 25,000; John B.
Smith, 55,000; John G. Barret and W. B. Belknap, 50,000 each.
     1"1863 was a history-making year. The Club's Historian classed it right.
Many of the big battles in the War Between the States were fought, including
Gettysburg. Lincoln proclaimed freedom of all slaves in Confederate states.
There were draft riots in New York City. Two monarchs died: Frederick VII,
King of Denmark, Christian IX succeeding; and Said, Viceroy of Egypt, his
brother Ismail acceding to the throne. The Prince of Wales, afterwards Edward
VII, married Princess Alexander of Denmark. He had visited the United States
three years before. Mexico was at war with France and Porfirio Diaz, afterward
President-Dictator, was resisting French invasion at the age of 33. Much of the
world was in ferment. Theodore, King of Abyssinia, applied to Queen Victoria
for aid against the invading Egyptians. An insurrection was on at Warsaw in
favor of independence. Haytian insurgents proclaimed a republic. The Maori
War over dispute of boundaries between the settlers of New Zealand and the
natives was fought. Herat had been captured by Mahomet Khan of Afghanistan.
The Ionian Islands were incorporated with Greece by treaty. It was a year of
disasters too. Earthquakes destroyed 13 villages in Rhodes, with big life loss;
thousands of Filipinos met death at Manila, with immense property destruction;
big damage was done in England. There was an overflow of the Danube and 2,000
Turkish troops were killed near Widdin; Jesuits' Church, Santiago, Chili, burned,
2,000 lives lost; roof of church of Madonna del Sasso, Locarno, fell in, and many
women were killed. Two steamships were wrecked, with hundreds of lives lost:
The British "Orpheus," off west coast of New Zealand, 200 drowned; the Montreal
"Anglo-Saxon," off Cape Race, 300 deaths. There was a destructive flood at
Melbourne caused by the Yarra-Yarra rising 40 feet above normal level. Seemingly
as an answer to all this the first accident insurance company was established at
Hartford, Conn. The source of the Nile in Lake Victoria Nyanza was discovered
by Captains Speke and Grant. Claus Spreckels established a sugar refinery in
San Francisco, using raw material from Hawaii.



Page Three



Christmas
Planning











Cracking
Hard Nut










Stock
in Large
Blocks













Big
Year
in
History

 



  Purpose    a cosmopolitan metropolisl2 ('Hear ye! Hear ye!', cried our Bache-
     Purpose or-Traveller); our age has been one of great inventions'3. Let us
   Of Club   devote our evenings to recording something of the Present, writing
              down something of the Past, sensing something of the Future and
              putting it on paper. All of which calls for a scribe, so I nominate
              The Banker to make a permanent book of our meetings, beginning
              his 'minutes' with to-night's 'hours.' "
                  I offered resistance, pleaded unusually pressing daily business
             engagements due to the organization of the new bank, but declared
             my intention to attend every meeting.     All our other associates
             seemed to second The Historian's motion, submerging my protests.
             Those who missed seeing me at church yesterday may know the
             reason by making slight inquiry. These "minutes" are my alibi.
                  Of course I am not required to act the full part of secretary-
Wanted-      have the record ready to read at the next meeting-but to keep up
  a Type-   with the procession I have decided to stay up after each session and
    writer by the huge gas burner in our libraryv4, let the ink flow as rapidly as
             my memory-deliver me from notesl- will guide my new steel pen.'6.
             Seems to me that Thurber should have perfected his typewriting
             machine in 20 years so we who have to jot down minutes could do it
             more expeditiously, more legibly and get more on a page'7.
                 I got even with The Historian by having him promptly elected
             President of the Club. He demurred only slightly, an evidence of a
             desire to head a history-recording organization. He accepted with a
             speech, totally unnecessary-funny how lawyers like to keep their
             jaws supple. He did make a capital suggestion however at the end
    Given   of his remarks: "How about naming us the Now and Then Club-
    Name    'Now' for '63; 'Then' for what happened Before and what may hap-
 a   ame   pen Hereafter that links up with the Present."
                 Everybody was for the titlel8. Three cheers were given and our
             President was about to respond to an imaginary encore, when The
             Preacher began to foretell the future glories of the Club and forth-
             with was dubbed The Prophet. His penalty was election to the Vice-
             Presidency. I couldn't side-track the thought that we are somewhat
             top-heavy with "The Law and The Prophets." To prove this to
             be free of sacrilege, I acknowledge a deep devotion for Moses and
             Isaiah.

                  '2The speaker had real vision, as the size, influence, enterprise and progress
            of the city in 1923 attests.
                 ""The Historian" was mistaken if he meant to convey the impression of
            pre-eminence in invention, for the succeeding 60 years-1863 to 1923-have about
            topped that many decades, if indeed not that many centuries.
                 "Louisville citizens had been using gas for 23 years and by '63 there had
            been improvements in the control of the flame for illumination, but the Welsbach
            burner was 22 years in the future.
                 ""Deliver me from notes" was a queer bit of speech for a banker. Maybe
            he later repeated the words, as some bank loans matured without prompt settle-
            ment. But he knew even then that "notes," properly secured, were to be the
            chief source of money-making for the Citizens Bank.
                 "6The steel pen had been invented by Wise in England 60 years before.
            I can't guess why my granddad was so enthusiastic about his new steel pen,
            unless there had been a great change in its manufacture.
                 "'The first practical typewriter was put in use by C. L. Sholes five years
            after "The Banker's" remarks on Thurber's failure to perfect his machine,
            brought out in '43.
    First  h     8England had a club during Elizabeth's reign, Shakespeare meeting with
         L  his friends at the Mermaid Tavern. Between that period and 1863 eight other
  Club at clubs were formed in London and all thrived. But the "Now and Then Club"
M'lermaid   of 1863 must have been Louisville's first social and culture group. The Pendennis
            Club came into existence 18 years later. The Filson Club, more on the order of
  Tavern   the "Now and Then Club," was organized in 1884.



Page Four

 



    The Editor, with a nose for personal news, proposed that the  Limit
roster contain the full names of the 20 members-"Example, Com-       Dots
patriots: Samuel Finley Breese Morse."  Who but an editor would   to
"compatriot" a bunch of close friends (the war was deep-rooted in  and
his language) and who but an editor knows the given names of the  Dashes
inventor of the telegraph; "S. F. B. Morse" is the garden-variety of
name by which the country knows him. I gave voice to the senti-
ment: If Morse is willing to curtail the dots and dashes of his own
name, with world fame still stalking him'9, why should we parade
whole words when initials meet all requirements.
    The Actor "stepped before the footlights" for a "curtain speech."
"In the Land of Make-Believe, we who seek to amuse you forget our
family names and prefixes; we fill only the part of characters in our
stage careers. Let's make of the Now and Then Club a play for us
grown-up boys and leave to posterity-if our Banker-Scribe but
grants the Finger of Time its full power to write-a record of our
meetings, free from personal exaltation. I, for one, desire to be known
in this presence as The Actor-that and nothing more."
    Used to applause, our good friend who had won reputation in
Shakespearean roles, was the recipient of "bravos!" that made the
hotel halls ring.
    The first roll-call then brought forth these pseudonyms:

          The Merchant                  The Politician              Roster
          The Manufacturer              The Traveller
          The Preacher                  The Musician                M    b
          The Teacher                   The Magician                Members
          The Actor                     The Lodgeman
          The Author                    The Sportsman
          The Artist                    The Johnnie Reb
          The Sculptor                  The Yankee
          The Doctor                    The Lawyer
          The Editor                    The Banker

    Thus The Bachelor became The Traveller; The Lawyer, The
Historian; The Preacher, The Prophet; The Groom, The Author;
The Banker, The Scribe20.
    The women had made a wonderful night in the parlor with their
Christmas planning, but now some of them were getting restless; in a
hurry to go home to the children. Lincoln's emancipation procla-
mation has turned the servant world topsy-turvy, and that's no pun
on Harriet Beecher Stowe's character "that just grew up" in "Uncle
Tom's Cabin."
    The members of the club rushing through the final preliminaries

    9"Morse's first telegram was sent just 19 years before "The Editor's"
reference to him. Only five years before he had received an international
testimonial, hence his fame was longer even than his name.
     20As the "Now and Then Club's" membership was limited to one repre- Clubs
sentative from each profession and business, it deserves honors for originating
a system of succession now in vogue in Rotary, Optimist, Kiwanis and other  Multiply
luncheon clubs. In '63 the city had one club-"The Now and Then." In 1923
it has 125 clubs. There are 25 social clubs, 13 sports clubs, 12 business clubs,  In
nine arts clubs, nine luncheon clubs, nine women's clubs, nine athletic clubs,  60 Years
seven political clubs, seven civic clubs, six military clubs, four conversation
clubs, three literary clubs, two motor clubs, two tourists' clubs, one history club,
one aero club, one jockey club, one dog club and four colored clubs.



Page Five

 


gave to The President, The Vice-President and The Scribe authority
to lay out a programme for the initial meeting on the night of Tuesday,
December first.
    We were singing the praises of our host in a long farewell, when
he, bachelor-like, always gallant, proposed a toast in water: "The
Ladies! God Bless Them!" His "pledge" was already operating. His
good-night to our wives was another invitation: "Until you meet
with the Club on Ladies' Night."
    As we swung down the wide, easy stairway, we looked around to
thank the bride for proposing Club membership limited to men, but
she was gone. The Turtle-doves had flown, unnoticed, an hour be-
fore.



Page Six



A Toast
in Water

 






















Machine Shop in '63



               Industry s Night


  "NOW AND THEN CLUB" GETS UNDER WAY, THE
              MANUFACTURER PRESIDING



                 Tuesday Night, December 1, 1863



T-SHE Manufacturer having arranged with the Board of Trade     First
        for a regular meeting place of the Now and Then Club,     Year of
        was honored with a tender of the chair by our President-  Board
        Historian for the first announced gathering. A  successful  of Trade
producer of articles forwarded by steamboat and railroad to several
Southern States, he gave a display of his executive ability by leading
the meeting into interesting, worthwhile discussion.
    He felt it his duty to devote the greater part of the two hours to
pointing out the advantages of the city as a manufacturing center,
citing our proximity to the center of population as affording easy
markets for goods made herel; referring to our strategic position in the
matter of freight hauls, by rail and water, of fuel and raw materials to
our plants and finished goods from them-predicting that the train

     'Between the census of 1850 and that of 1860, the center of population of  Always
the United States had moved the greatest distance since the first census of 1790-  AM
80 miles west, from 23 miles southeast of Parkersburg, W. Va., to 20 miles south  oving
of Chillicothe, Ohio. During the next 60 years-up to the 1920 census-it moved  West
only a little more than 200 miles-always west and always closer to Louisville.



Page Seven

 



              bridge across the Ohio, long talked of, must soon become a reality;2
              pointing to our excellent climates our churches and schools as holding
       Good   much to invite new factories and their workmen.
     Omens         He looked upon the starting of the new bank, with capable, con-
        for  servative officers4, to meet Louisville's growing financial needs, as a
    Future   good omen for future progress and prosperity and expressed the firm
              belief that it would develop into an institution within a few score
              years far surpassing the fondest anticipation of its founders5.
                   Interruption at this juncture by the arrival of the only members
              who were not present when the session opened-The Yankee and The
              Johnnie Reb. Flushed with excitement, they apologized for tardiness
              with the statement that they had sat down to supper at the Louisville
              Hotel6, the war hatchet seemingly buried to the depth of matching
              gold fives7 to determine who was to pay for the meals, originally planned

                   2The first bridge across the Ohio river at Louisville was completed seven
   -Iercury  years later-one dream of Louisville's future come true.
     Takes        "'Pride goeth before a fall." Memory of this bit of bragging on Louis-
              ville's climate received a sudden jar a month later. Thermometers registered
   Tumble     14 degrees below zero at "The High School," then on Chestnut, between Eighth
              and Ninth Streets, and 19 degrees on the river banks. During the early part of
              December the weather had been very fine, warm and sunshiny enough to warrant
              a reference to "Louisville's excellent climate," by the chairman of "Industry's
              Night." Nevertheless the weather prophets, according to the Daily Democrat,
              were predicting "the most severe winter known in this latitude since 1852."
                   4The original directors of the new bank, now being organized as "The
              Citizens Bank," were W. B. Belknap, Z. M. Sherley, A. Rawson and Chas. Ripley.
              Mr. Belknap had been agreed upon as the first president and John G. Barret as
              the first cashier. Mr. Belknap was the founder in 1840 of what is now the Belknap
              Hardware and Manufacturing Company-today the largest single unit hardware
              plant in the world. At the time he became president of the Citizens Bank he
              was a director in the Water Company and a member of the Board of Trade. Mr.
              Barret was recognized as one of Louisville's greatest bankers. He served the
   Leaders    Citizens Bank a quarter of a century as Cashier, until Mr. Belknap's resignation
   in Their   in 1871, when he became president for a period of 17 years. Mr. Sherley was of
              the firm of Sherley, Woolf olk & Co., boat stores and ship chandlery, and remained
     Lines   a director of the Citizens Bank until his death 16 years later. Mr. Ripley was of
              Ripley & Thompson, lawyers, and was a director of the Citizens Bank until 1866,
              during which year he died. Mr. Rawson was of A. Rawson & Co., wholesale
              grocers and commission merchants, resigning as a director the following year
              upon moving to New York City. Of the other original stockholders of the Citi-
              zens Bank, Richard Atkinson was prominent in the firm of 0. W. Thomas & Co.,
              pork packers and commission merchants. Having a New York residence he was
              the connecting link for the Citizens Bank between the Falls City and Gotham.
              History repeated itself a half century after '63, when Gen. T. Coleman duPont,
              of New York, becam( a director of the nationalized Citizens Bank. Wm. F.
              Barret was a lawyer anc president of the "Common Council." Gavin H. Cochran
              was of John Cochran & Son, wholesale wines and liquors, and was the first to
              serve the Citizens Bank as vice-president four years later, having succeeded Mr.
              Rawson as director in '64.
                   6"The Manufacturer" might be accused of missing his "forecast" on
              Louisville's climate, but he certainly looked through perfect lenses into the
              succeeding 60 years when he, in so many words, announced seeing a financial
              institution, the outgrowth of the Citizens Bank, that would surpass the fondest
              anticipations of its founders. Today the Citizens Union National Bank (merger
              of the Citizens and Union Banks) and its affiliations, the Fidelity and Columbia
              Trust Company, the Citizens Union Fourth Street Bank, and the Louisville and
              Union Joint Stock Land Banks, form "Louisville's Greatest Financial Unit,"
   Gold at   with more than 6,000,000 of capital invested, and in excess of 50,000,000 of
        60   resources. The Citizens Bank began with 250,000 capital.
                   "The Louisville hotel was 31 years old in '63, and is the only hotel operated
Per Cent.    in Louisville 60 years ago that continues as a hostelry to this day.
Premium            7During '63 gold reached a premium of 61 per cent in Louisville, so the
               Yan