porated under the name of the "Anthony Loan & Trust Company," with C. E. Anthony, president; C. M. Anthony, vice president, and G. W. Curtiss, secretary and treasurer. In 1898, Charles E. Anthony having retired from active participation in the management of the business, C. M. Anthony was chosen president, C. E. Anthony, vice president, Mr. Curtiss retaining the office of secretary and treasurer until 1899, when he became one of the vice presidents. The business of this company was taken over by the Dime Savings and Trust Company.

TITLE & TRUST COMPANY

Though not strictly a banking institution the Title & Trust Company of Peoria had an intimate relation with the financial interests of the city, and is deserving mention in this connection. It was incorporated in 1890 by leading capitalists of the city, and, while its chief business was the investigation and furnishing of abstracts of title to real-estate, and the issuing of guaranty certificates for the protection of owners and mortgagees from loss by reason of defective titles to real-estate in Peoria county, it also conducted a loan department for the purpose of making investments in real-estate (both farm and city property), dealing in mortgages, collecting interest on loans, etc. It was empowered by its charter to act as executor or administrator of estates; as guardian, receiver, assignee or in any other capacity assumed by a trustee in taking charge of estates. The company had a capital of $100,000 with $50,000 deposited with the state auditor for the security of all trust obligations. The board of directors was composed largely of stockholders of different banks. The business of this institution also was taken over by the Dime Savings and Trust Company.

PEOPLE'S SAVINGS BANK

The People's Savings Bank of Peoria was organized on a copartnership basis by Messrs. Martin Kingman, Charles A. Jamison, Rudolph Frey and E. Ĉ. Heidrich, and began business March 11, 1889, at 1329 South Adams street. The original stock was $10,000, which was subsequently increased to $12,500. At the outset Rudolph Frey served as the active manager and cashier, but in April, 1890, sold his one-quarter interest to Martin Kingman, and was succeeded in the position of cashier by George W. Zinser. In July, 1890, all the partners sold out their entire interests to Jacob Woolner.

In 1904 Louis W. Look became cashier but unfortunate conditions existed which made it necessary to close the bank and its affairs were placed in the hands of a receiver. Assets were found insufficient and deposit liabilities were cancelled on the basis of sixty cents on the dollar.

ZELL, HOTCHKISS & COMPANY (PRIVATE BANKERS)

The banking house of Zell, Hotchkiss & Company was organized as a partnership concern to do a private banking business, in 1870, the partners being Philip Zell, Walter B. Hotchkiss and Henry C. Fursman. On the death of Mr. Hotchkiss, which occurred November 21, 1874, Mr. Zell acquired the interest of both Hotchkiss and Fursman, thereby becoming sole owner, and so continued until his death, April 11, 1900. Mr. Homer C. Lines occupied the position of cashier continuously for a period of twenty-six years (1873-1899). After Mr. Zell's death the business was conducted for his heirs by W. E. M. Cole, who had succeeded Mr. Lines in the cashiership, but was discontinued as soon as matters then pending could be brought to a conclusion.

Another private banking concern was that of J. B. Hogue & Company, established May 1, 1867, by James B. Hogue and Thomas L. Davis, with a capital

of $50,000. On account of ill health Mr. Davis retired in May, 1874, Mr. Hogue becoming sole owner. In March, 1880, the concern was compelled to suspend in consequence of heavy losses resulting from failure of a local business concern, but subsequently paid all liabilities in full.

Mr. William Oberhauser started a private bank here in 1885, which continued in operation about eight years, going into liquidation in 1893. It was at first located at the corner of Washington and Bridge streets, but afterwards removed to Adams street at the head of Bridge street.