History
The Bank of Milton Had Humble Origins When the Bank of Milton first opened its doors in March of 1884, the street in front of the building was hard-packed dirt. There was no electricity in the building, no telephone system in the city. A grand total of $27,000 was raised from the 19 stockholders involved and shares ran $100 per share. The original stockholders were John A. Spaulding, Ezra Crandall, W.W. Clarke, E.B. Rogers, P.M. Green, E.B. Saunders, W.H. Cary, Philip Marquart, Ralph Richardson, C.C. Ball, J.B. Anderson, Miles Rice, F.C. Dunn, H.F. Clarke, Archibald Madden, B.H. Wells, R.J. Greenman, J.C. Barthoff and James McEwan. In 1888, the Cashier was instructed to require depositors to present their Passbooks monthly to be balanced, and to notify them that no personal entries would be allowed in the passbooks. Ten years later, he and his assistants, earned a total of $1,000 per year. Through the years this bank grew to become the Bank of Milton that you know today.
Specialties
Specializing in: - Commercial & Savings Banks - Financing Services - Investments - Mutual Funds - Financial Planning Consultants - Financial Services - Real Estate Loans - Banks - Loans - Mortgages