Dedham Bank
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Dedham Bank
The Dedham Bank was a bank in Dedham, Massachusetts. It was located on the corner of High and Pearl Streets. Those involved with the establishment of the bank in 1814 include Elijah Crane, Willard Gay, Samuel Haven, John Guild, Jabez Chickering, Horatio Townsend, Jeremiah Baker, and Martin Marsh. Early meetings of the bank were held at the Norfolk House. The founders asked Nathaniel Ames to be a director, but he declined, citing the large number of lawyers involved with its creation. Ten months after creation, however, the bank had 66 shareholders in Dedham, Boston, Bellingham, Medway, Dover, Walpole, Franklin, Needham, Woburn, Roxbury, Medfield, Sharon, Wrentham, Hopkington, Bridgewater, Canton, and Sherburne. Its first president was Willard Gay who lived and carried on the business of packing beef and pork at West Dedham. He resigned his office May 20, 1829 and was succeeded by John Worthington Ames. Upon the decease of Ames in 1833, Dr. Jeremy Stimson was elected on Febr ...
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Bank
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 a ...
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Jeremy Stimson
Jeremy may refer to: * Jeremy (given name), a given name * Jérémy, a French given name * ''Jeremy'' (film), a 1973 film * "Jeremy" (song), a song by Pearl Jam * Jeremy (snail), a left-coiled garden snail that died in 2017 * ''Jeremy'', a 1919 novel by Hugh Walpole See also * * * Jeremiah (other) * Jeremie (other) * Jerome (other) Jerome (c.347–420) was a priest, confessor, theologian and historian from Dalmatia. Jerome may also refer to: People Given name * Jerome (given name), a masculine name of Greek origin, with a list of people so named * Saint Jerome (disambiguat ... * Jeromy (other) {{disambiguation ...
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1814 Establishments In Massachusetts
Events January * January 1 – War of the Sixth Coalition – The Royal Prussian Army led by Gebhard Leberecht von Blücher crosses the Rhine. * January 3 ** War of the Sixth Coalition – Siege of Cattaro: French garrison surrenders to the British after ten days of bombardment. ** War of the Sixth Coalition – Siege of Metz: Allied armies lay siege to the French city and fortress of Metz. * January 5 – Mexican War of Independence – Battle of Puruarán: Spanish Royalists defeat Mexican Rebels. * January 11 – War of the Sixth Coalition – Battle of Hoogstraten: Prussian forces under Friedrich Wilhelm Freiherr von Bülow defeat the French. * January 14 ** Treaty of Kiel: Frederick VI of Denmark cedes the Kingdom of Norway into personal union with Sweden, in exchange for west Pomerania. This marks the end of the real union of Denmark-Norway. ** War of the Sixth Coalition – Siege of Antwerp: Allied forces besiege French A ...
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