Ayers Bank Building
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Ayers Bank Building
The Ayers Bank Building is a historic bank building located at 200 West State Street in Jacksonville, Illinois, Jacksonville, Illinois. This site is believed to have been continuously associated with banking since 1832, longer than any other site in Illinois. History of Ayers Bank Building Banking operations at the building site began with David Ayers who operated a merchant bank out of his drug store in the 1830s, and the Ayers family continued banking at this site throughout the 19th century. In 1910, when Millard Fillmore Dunlap and Andrew Russel bought a controlling interest in the business, Ayers Bank was one of the state's leading financial institutions. Dunlap and Russel hired architect Jarvis Hunt of Chicago to build the Ayers Bank Building on the same site where David Ayers had begun his banking business. The bank continued to prosper until the 1930s, when Dunlap and Russel were convicted of illegal banking practices and went to prison. Depositors received 33 cents on the ...
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Jacksonville, Illinois
Jacksonville is a city in Morgan County, Illinois, Morgan County, Illinois, United States. The population was 19,446 at the 2010 census. It is the county seat of Morgan County. It is home to Illinois College, Illinois School for the Deaf, and the Illinois School for the Visually Impaired. Jacksonville is the principal city of the Jacksonville Jacksonville, Illinois micropolitan area, Micropolitan Statistical Area, which includes all of Morgan and Scott County, Illinois, Scott counties. History Jacksonville was established by European Americans on a 160-acre tract of land in the center of Morgan County in 1825, two years after the county was founded. The founders of Jacksonville, Illinois were settlers from New England. These people were "Yankee" settlers, that is to say they were descended from the English American, English Puritans who settled New England in the 1600s. They were part of a wave of New England farmers who headed west into what was then the wilds of the Northwest ...
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Jarvis Hunt
Jarvis Hunt (August 6, 1863 - June 15, 1941) was a Chicago architect who designed a wide array of buildings, including railroad stations, suburban estates, industrial buildings, clubhouses and other structures. Biography Hunt was born in Weathersfield, Vermont, and attended Harvard University and the Massachusetts Institute of Technology. He had a passion for golf and qualified for the 1904 Olympics Golf Team, but failed to make the cut. Hunt later designed the clubhouses of several clubs including the National Golf Links of America Golf Course, of which he was a founding member, and the Chicago Golf Club. Most of his projects are associated with the United States Midwest, including the Kansas City Union Station and the Joliet Union Station. Hunt based his architectural firm in Chicago's Monadnock Building. Hunt retired to his home in St. Petersburg, Florida in 1927. He died on June 15, 1941, in St. Petersburg. Family life Hunt was the son of attorney, farmer and photograph ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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Merchant Bank
A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope. In modern usage in the United States, the term additionally has taken on a more narrow meaning, and refers to a financial institution providing capital to companies in the form of share ownership instead of loans. A merchant bank also provides advice on corporate matters to the firms in which they invest. History Merchant banks were the first modern banks. They emerged in the Middle Ages from the Italian grain and cloth merchants community and started to develop in the 11th century during the large Eur ...
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Andrew Russel
Andrew Russel (June 17, 1856 – November 22, 1934) was a Republican politician and banker, who twice served as Illinois Treasurer (1909-1911 and 1915-1917) and later as Illinois Auditor of Public Accounts (1917-1925), before being convicted along with his partner of illegal banking practices in 1932 and dying in prison. Early and family life Born in Jacksonville, Illinois, the eldest son of merchant William Scott Russel (1824-1904), who had emigrated as a boy from Scotland in 1834 and his Illinois-born wife, the former Emily Kautz Gallaher (1834-1905), daughter of a Presbyterian minister. He was named for his by-then elderly grandfather Dr. Andrew Russel, who had become a leading member of the Jacksonville community and known for his anti-slavery stance and Underground Railroad activities before the American Civil War. Russel graduated from Illinois College in Jacksonville. In Cairo, Alexander County, Illinois on 18 Nov. 1891, he married Clara Elizabeth Robbins (1864-1948) ...
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Renaissance Revival Architecture
Renaissance Revival architecture (sometimes referred to as "Neo-Renaissance") is a group of 19th century architectural revival styles which were neither Greek Revival nor Gothic Revival but which instead drew inspiration from a wide range of classicizing Italian modes. Under the broad designation Renaissance architecture nineteenth-century architects and critics went beyond the architectural style which began in Florence and Central Italy in the early 15th century as an expression of Renaissance humanism; they also included styles that can be identified as Mannerist or Baroque. Self-applied style designations were rife in the mid- and later nineteenth century: "Neo-Renaissance" might be applied by contemporaries to structures that others called "Italianate", or when many French Baroque features are present (Second Empire). The divergent forms of Renaissance architecture in different parts of Europe, particularly in France and Italy, has added to the difficulty of defining an ...
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Brick
A brick is a type of block used to build walls, pavements and other elements in masonry construction. Properly, the term ''brick'' denotes a block composed of dried clay, but is now also used informally to denote other chemically cured construction blocks. Bricks can be joined using mortar, adhesives or by interlocking them. Bricks are usually produced at brickworks in numerous classes, types, materials, and sizes which vary with region and time period, and are produced in bulk quantities. ''Block'' is a similar term referring to a rectangular building unit composed of similar materials, but is usually larger than a brick. Lightweight bricks (also called lightweight blocks) are made from expanded clay aggregate. Fired bricks are one of the longest-lasting and strongest building materials, sometimes referred to as artificial stone, and have been used since circa 4000 BC. Air-dried bricks, also known as mud-bricks, have a history older than fired bricks, and have an additi ...
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Cut Stone
Ashlar () is finely dressed (cut, worked) stone, either an individual stone that has been worked until squared, or a structure built from such stones. Ashlar is the finest stone masonry unit, generally rectangular cuboid, mentioned by Vitruvius as opus isodomum, or less frequently trapezoidal. Precisely cut "on all faces adjacent to those of other stones", ashlar is capable of very thin joints between blocks, and the visible face of the stone may be quarry-faced or feature a variety of treatments: tooled, smoothly polished or rendered with another material for decorative effect. One such decorative treatment consists of small grooves achieved by the application of a metal comb. Generally used only on softer stone ashlar, this decoration is known as "mason's drag". Ashlar is in contrast to rubble masonry, which employs irregularly shaped stones, sometimes minimally worked or selected for similar size, or both. Ashlar is related but distinct from other stone masonry that is ...
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Terra Cotta
Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terracotta is the term normally used for sculpture made in earthenware and also for various practical uses, including vessels (notably flower pots), water and waste water pipes, roofing tiles, bricks, and surface embellishment in building construction. The term is also used to refer to the natural brownish orange color of most terracotta. In archaeology and art history, "terracotta" is often used to describe objects such as figurines not made on a potter's wheel. Vessels and other objects that are or might be made on a wheel from the same material are called earthenware pottery; the choice of term depends on the type of object rather than the material or firing technique. Unglazed pieces, and those made for building construction and industry, are ...
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Egg-and-dart
Egg-and-dart, also known as egg-and-tongue, egg-and-anchor, or egg-and-star, is an Ornament (architecture), ornamental device adorning the fundamental quarter-round, convex ovolo profile of molding (decorative), moulding, consisting of alternating details on the face of the ovolo—typically an egg-shaped object alternating with a V-shaped element (e.g., an arrow, anchor, or Dart (missile), dart). The device is carved or otherwise fashioned into ovolos composed of wood, stone, plaster, or other materials. Egg-and-dart enrichment of the ovolo molding of the Ionic order, Ionic capital was used by Ancient Greece, ancient Greek builders, so it is found in ancient Greek architecture (e.g., the Erechtheion at the Acropolis of Athens), was used later by the Romans and continues to adorn capitals of modern buildings built in Classical styles (e.g., the Ionic capitals of the Jefferson Memorial in Washington, D.C., or the ones of the Romanian Athenaeum from Bucharest). Its ovoid shape (the e ...
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Cornice
In architecture, a cornice (from the Italian ''cornice'' meaning "ledge") is generally any horizontal decorative moulding that crowns a building or furniture element—for example, the cornice over a door or window, around the top edge of a pedestal, or along the top of an interior wall. A simple cornice may be formed just with a crown, as in crown moulding atop an interior wall or above kitchen cabinets or a bookcase. A projecting cornice on a building has the function of throwing rainwater free of its walls. In residential building practice, this function is handled by projecting gable ends, roof eaves and gutters. However, house eaves may also be called "cornices" if they are finished with decorative moulding. In this sense, while most cornices are also eaves (overhanging the sides of the building), not all eaves are usually considered cornices. Eaves are primarily functional and not necessarily decorative, while cornices have a decorative aspect. A building's projecti ...
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Bank Buildings On The National Register Of Historic Places In Illinois
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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