Archive for March 22nd, 2018

The Bank of Lenoir City

March 22, 2018

Y’all know that I have a subscription to GenealogyBank. I’ve been off on a tangent looking for information about Joe Webb while he was living in Lenoir City with my grandparents.

While I didn’t find anything relevant to that, I found a mother lode of information about the early beginnings of Lenoir City. You have been warned.

From the Daily Journal and Journal and Tribune, 7/10/1891, Knoxville, Tennessee, Volume: VII, Issue: 135, Page: 2

LenoirCityBank

FROM LENOIR CITY.

Corner Stone of the New Bank Building Laid Yesterday.

Lenoir City, Tenn., July 9. –Mr. J. S. Snyder, of Springfield, Ohio, is in our city. He has been all over Tennessee, admiring the beauties and advantages found here. He is one of Springfield’s influential business men. He is well posted on all business topics and as fine conversationalist as one will meet in a years travel. Lenoir’s environs have captivated him, especially Chestnut Hill, where he had the pleasure of eating his fourth of July dinner.

Appropriate ceremonies were observed here to-day in honor of the laying of the corner stone of the Lenoir City bank building. The bank has been organized one year, and withal the financial crises of the past eight months, they have always been able to accommodate their customers with money and also to declare a nice dividend to its stockholders. Within the brass lined receptical in the center of the corner stone were placed a $5. gold piece bearing the date that the bank was organized, a neatly written history of Lenoir City, a list of the officers and the names of the contractors, Thompson Brothers.

Steps are being taken to have a brass band organized here. We have plenty of talent in that line and there is no reason why Lenoir City should not have a band that she should be proud of.

Contractor Abrams of Knoxville has just completed four houses here and has five more under good headway. He is what the boys call a hustler.

Mrs. W. Caswell and daughter Miss Helen Page, have gone to Tate Springs to spend two or three weeks.

Mrs. C. H. Stanton, visited two days of this week in Knoxville, the guest of Mrs. Will and Sam Cooper, in North Knoxville.

*****

In my mother’s papers, I found some paperwork from the Bank of Lenoir City.

BankOfLenoirCity

Postmarked April 7, 1969.

BankOfLenoirCity LoanAgreement0003

LOAN AND SECURITY AGREEMENT

Roy C. Rawls, Route 1, Lenoir City, Loudon, Tennessee (hereinafter called “Debtor’s”) an individual, said address being Debtor’s Residence and the location of the property covered hereby, hereby grants to BANK OF LENOIR CITY, Lenoir City, Tennessee (hereinafter called “Bank”)

Ford Tractor, Year 1957, Motor No. 850, Serial No. 101777, used.

(Blah, blah, blah…)

In Witness Whereof, Debtor and Bank have caused this agreement to be executed this 10th day of October, 1967.

Roy C. Rawls

Mrs. Roy C. Rawls

BankOfLenoirCity LoanAgreement0004BankOfLenoirCity LoanAgreement0002BankOfLenoirCity LoanAgreement0001

They paid that loan off in 18 months, just like they said they would, and the bank marked it paid on April 7, 1969, and mailed the “Paid in Full” receipt on the same day.

Now, if I can find a photo of that tractor…

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