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Farmington Bank
Farmington Bank was a full-service community bank in Connecticut and western Massachusetts headquartered in Farmington, Connecticut. History Early days The history of Farmington Bank dates back to May 1851 when a petition was presented to the Connecticut General Assembly. On August 12, 1851, the charter was issued and an organizational meeting was held on August 14, 1851 at the home of Samuel Cowles (27 Main Street, Farmington, Connecticut). The following officers and trustees were elected at the meeting; * Timothy Cowles (President) - ''Farmer'' * William L. Cowles (1st Vice President) - ''Merchant'' * Samuel S. Cowles (2nd Vice President) - ''Farmer / Printer / Publisher / Writer'' * Deacon Simeon Hart (Secretary & Treasurer) - ''Educator'' * William Gay (Trustee) - ''Merchant'' * Ira Hadsell (Trustee) - ''Farmer'' * Henry Mygatt (Trustee) - ''Farmer'' * Chauncey Rowe (Trustee) - ''Store Owner'' * Thomas Cowles (Trustee) - ''Farmer'' * E. W. Carrington (Trustee) - ''Physician' ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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2011 Initial Public Offerings
Eleven or 11 may refer to: *11 (number), the natural number following 10 and preceding 12 * one of the years 11 BC, AD 11, 1911, 2011, or any year ending in 11 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamonn ...
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Companies Formerly Listed On The Nasdaq
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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1851 Establishments In Connecticut
Events January–March * January 11 – Hong Xiuquan officially begins the Taiping Rebellion. * January 15 – Christian Female College, modern-day Columbia College, receives its charter from the Missouri General Assembly. * January 23 – The flip of a coin, subsequently named Portland Penny, determines whether a new city in the Oregon Territory is named after Boston, Massachusetts, or Portland, Maine, with Portland winning. * January 28 – Northwestern University is founded in Illinois. * February 1 – ''Brandtaucher'', the oldest surviving submersible craft, sinks during acceptance trials in the German port of Kiel, but the designer, Wilhelm Bauer, and the two crew escape successfully. * February 6 – Black Thursday in Australia: Bushfires sweep across the state of Victoria, burning about a quarter of its area. * February 12 – Edward Hargraves claims to have found gold in Australia. * February 15 – In Boston, Massachusetts, ...
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Companies Based In Hartford County, Connecticut
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Established In 1851
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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Banks Based In Connecticut
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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Hartford County
Hartford County is a county located in the north central part of the U.S. state of Connecticut. According to the 2020 census, the population was 899,498, making it the second-most populous county in Connecticut. Hartford County contains the city of Hartford, the state capital of Connecticut and the county's most populous city, with 121,054 residents at the 2020 census. Hartford County is included in the Hartford-East Hartford- Middletown metropolitan statistical area. History Hartford County was one of four original counties in Connecticut established on May 10, 1666, by an act of the Connecticut General Court. The act establishing the county states: :This Court orders that the Townes on the River from yee :north bounds of Windsor wth Farmington to ye south end of :ye bounds of Thirty Miles Island shalbe & remaine to be one :County wch shalbe called the County of Hartford. And it :is ordered that the County Court shalbe kept at Hartford on :the 1st Thursday in March and on t ...
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East Longmeadow, Massachusetts
East Longmeadow is a town in Hampden County, Massachusetts, United States situated in the Pioneer Valley region of Western Massachusetts. It had a population of 16,430 at the 2020 census. East Longmeadow is southeast of downtown Springfield, part of the Springfield Metropolitan Statistical Area. Additionally, the town is north of Hartford, southwest of Boston, and northeast of New York City. The development of East Longmeadow around the turn-of-the century was largely reliant on the brownstone quarrying industry. The industry brought many Swedish immigrants, formerly of Connecticut, along with large French and Italian populations to the area. These immigrants would typically labor in the quarries. East Longmeadow hosts an annual Fourth of July Parade, which is one of the largest Fourth of July parades in Western Massachusetts. East Longmeadow High School also serves as host to an annual Fourth of July fireworks display, traditionally held on July 3. History The town of Lo ...
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West Springfield, Massachusetts
West Springfield is a city in Hampden County, Massachusetts, United States. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. The population was 28,835 at the 2020 United States Census. The city is also known as "West Side", in reference to the fact that it is on the western side of the Connecticut River from Springfield, a fact which played a major part in the town's early history. History Early settlement In paraphrase, from the official town history book: The area that became known as West Springfield was settled in 1635. The settlers fled to higher ground on the east side of the river and founded Springfield in the aftermath of the great hurricane of 1635. West Springfield was good farm land, so some families did stay on the west side. Early transportation problems Other than the trade in beaver skins, economic activity in early colonial Springfield consisted largely of subsistence farming and animal husbandry, with barter being the preferred ...
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Farmington Valley
The Farmington Valley is located along the western boundary of Hartford County in Connecticut, bordering Litchfield County immediately to the west. It is defined by the Farmington River, which runs through it. Physiographically, the valley is lowlands and floodplain flanked by the Litchfield Hills on the west (which itself is the northern terminus of the larger Mid-Atlantic Highlands Region) and Talcott Mountain on the east (a section of the more extensive Metacomet Ridge). The term Farmington Valley, as used in the local vernacular, refers primarily to the towns of Farmington, Avon, Simsbury, Canton and Granby. However, when defined by the course of the Farmington River, or by its entire watershed, the term can refer to large areas of land across the north central portion of Connecticut and into southern Massachusetts. Education The Farmington Valley is home to five individual school districts, the Avon Public Schools, Canton Public Schools, Granby Public Schools, Farmingto ...
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