A few weeks ago I showed some photos of the old Chattanooga Bank building, as seen on Google Earth.
Yes, among other businesses typical to a thriving small town in the early 20th Century, Chattanooga also had a bank. The Farmers & Merchants State Bank of Chattanooga, Ohio, was located in a brick building, the second building south of the current Chatt Bar. In the 1920s Semon Egger’s Grocery and mortuary was immediately north of the bank, between the bank and the bar.
The old bank building later housed Heffner’s Grocery, but I remember when it was Bollenbacher’s Grocery in the 1960s. The brick structure was torn down sometime between 2009 and 2010.
I have some old documents from the Farmers & Merchants State Bank of Chattanooga, documents that my grandfather Carl Miller and his family had. Somehow the papers managed to survive all these years and they indicate that Chatt’s bank was in operation in 1917.
My grandfather owned stock in the bank at Chatt, as shown in the certificate below.
Stock certificate No. 23 indicates that Carl Miller was the owner of five shares of Capital Stock of the Farmers & Merchants Sate Bank of Chattanooga, Ohio, dated 7 May 1917. Shares were $100 each.
Below is a five month promissory note for $50, dated 1 March 1917, due 1 August 1917, at 6% interest. The note was signed by Clara Miller, Christina Miller, and Jakob Müller, R.R. 1, Willshire, Ohio. Jakob and Christina were Carl’s parents and Clara was Carl’s sister.
The stamp indicates the loan was paid off the end of July.
The bank at Chatt closed about 1930.