Bank Of Wilmington And Brandywine
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Bank Of Wilmington And Brandywine
The Bank of Wilmington and Brandywine (after 1855, the National Bank of Wilmington and Brandywine) was a bank based in Wilmington, Delaware, that operated from 1810 to 1912, when it was absorbed into the Wilmington Trust. It was organized in April 1810 as the Bank of Wilmington and Brandywine, and operated under that name until May 1855, when it was renamed the National Bank of Wilmington and Brandywine. Among its directors were Mahlon Betts, James Canby, and John Wales John Wales (July 31, 1783 – December 3, 1863) was an American lawyer and politician from Wilmington, in New Castle County, Delaware. He was a member of the Whig Party who served as U.S. Senator from Delaware. Early life and family Wales was .... Its last president as an independent bank was George S. Capelle. On July 15, 1912, it was merged, along with First National Bank, into the Wilmington Trust, a merger that produced the largest bank on the East Coast. Notes {{reflist 1810 establishments in Dela ...
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Wilmington, Delaware
Wilmington ( Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one of the major cities in the Delaware Valley metropolitan area. Wilmington was named by Proprietor Thomas Penn after his friend Spencer Compton, Earl of Wilmington, who was prime minister during the reign of George II of Great Britain. At the 2020 census, the city's population was 70,898. The Wilmington Metropolitan Division, comprising New Castle County, Delaware, Cecil County, Maryland and Salem County, New Jersey, had an estimated 2016 population of 719,887. Wilmington is part of the Delaware Valley metropolitan statistical area, which also includes Philadelphia, Reading, Camden, and other urban are ...
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Wilmington Trust
Wilmington Trust is one of the top 10 largest American institutions by fiduciary assets. Wilmington Trust is currently a provider of international corporate and institutional services, investment management, and private banking. The firm was founded on July 8, 1903, as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont. In 2010, it became a subsidiary of M&T Bank. History Wilmington Trust was founded on July 8, 1903, by T. Coleman du Pont, then the president of DuPont, to manage the growing fortune of the duPont family.; first 100 words of article available without login. DuPont opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware, with a handful of investors and $500,000 in market capitalization. In 1907, the company moved to the DuPont Building at Tenth & Market Streets. It paid its first dividend (2.5%, $1.25 per share) on August 1, 1908. The company’s first merger occu ...
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Mahlon Betts
Mahlon Betts (1795–1867) was a carpenter, railroad car builder, shipwright, businessman, banker, and legislator who helped found three of Wilmington, Delaware's major manufacturing enterprises: the Harlan and Hollingsworth Company, the Pusey and Jones Company, and the Betts Machine Company. Born in Attleboro in Bucks County, Pennsylvania, on March 16, 1795, Betts came to Wilmington in 1812. On November 8, 1818, he married Mary R. Seal at the Wilmington Friends Meeting. In 1828 (or 1829),Betts' bio
in "1836. Semi-centennial Memoir of the Harlan & Hollingsworth Company"
he built a foundry at 8th and Orange Streets, which would operate as Betts & Seal until 1867. There he installed the state's first stat ...
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James Canby
James Canby (1781–1858) was an American businessman, banker and early railroad executive based in Wilmington, Delaware. He was the son of Samuel and Frances Lea Canby. Samuel Canby was originally trained as a carpenter and cabinet maker and became a miller when he opened a flour mill in 1770 in Brandywine village. James Canby expanded upon his father's businesses by opening several additional mills and became a prominent businessman.Colonial Families of Philadelphia
John W. Jordan, editor. Lewis Publishing Company, Chicago, Illinois, 1911.
Among other interests, he served as president of the Bank of Wilmington and Brandywine and i ...
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John Wales
John Wales (July 31, 1783 – December 3, 1863) was an American lawyer and politician from Wilmington, in New Castle County, Delaware. He was a member of the Whig Party who served as U.S. Senator from Delaware. Early life and family Wales was born in New Haven, Connecticut, and graduated from Yale University, Yale College in 1801. He was admitted to the Connecticut Bar in 1801 and began practicing law in New Haven, and later, Philadelphia, Pennsylvania. After two years in Baltimore, Maryland, he moved to Wilmington, Delaware, in 1815. Professional career In 1814, Wales became a secretary for the Society for the Promotion of American Manufacturers, which was designed to promote and encourage Delaware's manufacturing industry. Wales drafted the by-laws of the Savings Bank in 1832, then served as the president of the Bank of Wilmington and Brandywine from 1824 to 1829. Political career Wales served as the Secretary of State for Delaware from 1845 to 1849, and was elected as a Whi ...
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1810 Establishments In Delaware
Year 181 ( CLXXXI) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Aurelius and Burrus (or, less frequently, year 934 ''Ab urbe condita''). The denomination 181 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Imperator Lucius Aurelius Commodus and Lucius Antistius Burrus become Roman Consuls. * The Antonine Wall is overrun by the Picts in Britannia (approximate date). Oceania * The volcano associated with Lake Taupō in New Zealand erupts, one of the largest on Earth in the last 5,000 years. The effects of this eruption are seen as far away as Rome and China. Births * April 2 – Xian of Han, Chinese emperor (d. 234) * Zhuge Liang, Chinese chancellor and regent (d. 234) Deaths * Aelius Aristides, Greek ...
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Banks Based In Delaware
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 concept ...
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Banks Established In 1810
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 ...
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History Of Delaware
The history of Delaware as a political entity dates back to the early colonization of North America by European American settlers. It is made up of three counties established since 1638, before the time of William Penn. Each county has had its own settlement history. Their early inhabitants tended to identify more closely with their county, than Delaware as a whole. Large parts of southern and western Delaware were thought to have been in Maryland until 1767. All of the state has existed in the wide economic and political circle of Philadelphia. Native Americans Before Delaware was settled by Europeans, the area was home to the Lenni Lenape (also known as Delaware), Susquehanna, Nanticoke, and other Native American tribes. After the Swedish, Dutch colonists settled Delaware, with the native people trading with Delaware settlers for around a half-century. Dutch and Swedish colonies The Delaware watershed was claimed by the English based on the explorations of John Cabot in 1 ...
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Defunct Banks Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Defunct Companies Based In Delaware
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Banks Disestablished In 1912
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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