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First National Bank Of Charlotte
First National Bank of Charlotte was a bank located in Charlotte, North Carolina from 1865 until 1930. Early history In 1853, John Wilkes, the son of Admiral Charles Wilkes, moved to Charlotte to supervise his family's mining and milling business. He served under the Confederacy during the Civil War, but he was pardoned by President Andrew Johnson and Secretary of State William Seward. Soon after the end of the war, Wilkes started the first national bank in the South after the war. By December 15, 1865, Wilkes had received $500,000 in U.S. bonds. The same year, First National Bank became the only North Carolina bank printing National Bank Notes. This bank played a major role in Charlotte's growth, as did the city's railroad access to other areas. Rufus Y. McAden, founder of the mills and mill village that became McAdenville, succeeded Wilkes as bank president in 1867. Robert M. Oates became president in 1891, and McAden's son Henry M. McAden served as president from 1907 until t ...
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Charlotte, North Carolina
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populous city in the U.S., the seventh most populous city in the South, and the second most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked 22nd in the U.S. Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550. Between 2004 and 2014, Charlotte was ranked as the country's fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referr ...
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Rufus Y
Rufus is a masculine given name, a surname, an Ancient Roman cognomen and a nickname (from Latin ''rufus'', "red"). Notable people with the name include: Given name Politicians * Rufus Ada George (born 1940), Nigerian politician * Rufus Aladesanmi III (born 1945), Yoruban king * Rufus Applegarth (1844–1921), American lawyer and politician * Rufus A. Ayers (1849–1926), American lawyer, businessman, and politician * Rufus Barringer (1821–1895), American lawyer, politician, and military general * Rufus Blodgett (1834–1910), American politician and railroad superintendent * Rufus Bousquet (born 1958), Saint Lucian politician * Rufus E. Brown (1854–1920), Vermont attorney, farmer, and politician * Rufus Bullock (1834–1907), American politician * Rufus Carter (1866–1932), Canadian farmer and political figure * Rufus Cheney Jr., member of the Wisconsin State Assembly during the 1850 session * Rufus W. Cobb (1829–1913), American politician * Rufus Curry (1859–193 ...
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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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Banks Based In North Carolina
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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Johnston Building (Charlotte, North Carolina)
The Johnston Building, also known as the Midtown Plaza, is a 17-story office high-rise in Charlotte, North Carolina with an approximate height of . Originally 15 stories when completed in 1924, it was the tallest building in Charlotte until 1926. History Located at 212 South Tryon Street, the lot was home to the Trust Building, which burned in 1922. Anchor Mills Company bought the site for $100 in 1923 from the Textile Office Building Company. William Lee Stoddart, a New York City architect known for large hotels, had designed the Hotel Charlotte, which was under construction and had Charles Worth Johnston as an investor. The builder was Hunkin-Conkey Construction, and the cost was reported to be $600,000. The Neo-classical steel frame building had limestone blocks for the facade, and buff-colored brick, but these were only for appearance and did not support the building. Rental agent Thomas Griffith said the Johnston Building had tenants booked even before completion. Office ...
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Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stabili ...
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The Charlotte News
''The Charlotte News'' was the afternoon newspaper in Charlotte, North Carolina. It was first published on December 8, 1888. The newspaper was eventually purchased on April 5, 1959 by Knight Newspapers, owner of its larger rival ''The Charlotte Observer''. All operations of the ''News'' and the ''Observer'' were merged except news and editorial content, which was merged in 1983. The ''News'' ceased publication on November 1, 1985. See also * ''The Charlotte Observer ''The Charlotte Observer'' is an American English-language newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. As of 2020, it has the second-largest circulation of any newspaper in the Carolinas. I ...'' References {{DEFAULTSORT:Charlotte News, The Newspapers published in North Carolina Mass media in Charlotte, North Carolina Defunct newspapers published in North Carolina ...
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112 Tryon Plaza
112 Tryon Plaza is a 22-story high-rise in Charlotte, North Carolina. It was the second tallest building in North Carolina when completed in 1927, and the tallest building in Charlotte for about 35 more years. It is currently the 21st tallest building in the city. Located on "The Square" at the corner of Trade St. and Tryon St. adjacent to a pocket park, this building has a premiere location in Uptown Charlotte, also known as Charlotte center city. In 2006 it was sold for $12 million to the Simpson Organization. History In 1925, First National Bank president Henry McAden hired prominent Charlotte architect Louis H. Asbury, who had designed a home for him in 1916 in Myers Park. Engineering firm Lockwood, Greene & Company worked with Asbury. The $1.8 million building opened September 9, 1927. Soon, the Charlotte branch of the Federal Reserve located on the nineteenth floor. First National Bank did not make enough of an effort to secure tenants, and the building was only 30 per ...
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Myers Park (Charlotte)
Myers Park is a neighborhood and historic district in Charlotte, North Carolina, United States. Neighborhoods that are near Myers Park include Dilworth and Sedgefield to the west, Eastover to the east, Uptown Charlotte to the north, and South Park and Foxcroft to the south. The Little Sugar Creek Greenway runs along the western edge of the neighborhood, adjacent to Freedom Park. Though its boundaries originally coincided with the boundaries of the John Spring Myers farm, the neighborhood, by 2008, comprised and had a population of 9,809. Myers Park is bounded by Queens Road to the north, Providence Road to the east, Sharon Road to the south, and Park Road to the west. Demographics Of the 9,809 people living in Myers Park in 2008, 2,249 were under 18 years of age; approx. 1,511 were over 64 years of age. There were 4,643 housing units in Myers Park. The median household income was $109,772. The average house value in Myers Park was $778,762. Culture Myers Park is home to the ...
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Architect
An architect is a person who plans, designs and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, the term architect derives from the Latin ''architectus'', which derives from the Greek (''arkhi-'', chief + ''tekton'', builder), i.e., chief builder. The professional requirements for architects vary from place to place. An architect's decisions affect public safety, and thus the architect must undergo specialized training consisting of advanced education and a ''practicum'' (or internship) for practical experience to earn a Occupational licensing, license to practice architecture. Practical, technical, and academic requirements for becoming an architect vary by jurisdiction, though the formal study of architecture in academic institutions has played a pivotal role in ...
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Louis Asbury
Louis H. Asbury (1877–1975) was an American architect, a leading architect of Charlotte, North Carolina. He is asserted to be the "first professionally trained, fulltime architect in North Carolina who was born and practiced in the state." A number of his works are listed on the U.S. National Register of Historic Places. Works *112 Tryon Plaza *First National Bank of Charlotte * Cedar Grove Lutheran Church, 1220 Cedar Grove Rd., Batesburg-Leesville, South Carolina (Asbury, Louis H.), NRHP-listed * Cliffside Public School, 1 N. Main St., Cliffside, North Carolina (Asbury, Louis Humbert Sr.), NRHP-listed * Commercial Building at 500 North Tryon Street, 500 N. Tryon St., Charlotte, North Carolina (Asbury, Louis), NRHP-listed *Cool Springs High School, 382 W. Main St., Forest City, North Carolina (Asbury, Louis Humbert), NRHP-listed *One or more works in Kenworth Historic District (Boundary Increase), roughly along Fifth St. SE, Fifth Ave. SE, third Avenue Dr. SE, and Seco ...
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McAdenville, North Carolina
McAdenville is a small town in Gaston County, North Carolina, United States. It is a suburb of Charlotte, North Carolina, Charlotte and located east of Gastonia, North Carolina, Gastonia. The population was 890 at the 2020 census. History McAdenville was incorporated in 1881. It was named after Rufus Yancey McAden, president of McAden Mills, the town's textile mill. McAden had served in the North Carolina House of Representatives, North Carolina House of Commons from 1862 to 1867, and was Speaker of the North Carolina House of Representatives, Speaker of the House in 1866. He came to Charlotte in 1867 to become president of the two-year-old First National Bank. Pharr Yarns, a yarn manufacturing company, was founded in McAdenville in 1939. It grew to become a major employer and sponsored various projects in the town during its existence. It was sold in 2019. A Christmas tradition in the town for many years has been the decorating of the entire town in Christmas lights. The even ...
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