Information Sheet

 

 

R         Lawrence County Bank.

980                  Records, ca. 1880-1896.

                                    Two volumes and one folder.

 

OVERSIZE

 

 

These are records of the Lawrence County Bank in Pierce City, Missouri.  Included are an account book, ca. 1880-1896; an Exchange Register, 1891-1893; and a few miscellaneous papers, 1881.

 

Lawrence County Bank was formed in Pierce City in 1873.  The Allen and Forsythe fami­lies, and, later, the Rhea family, controlled the bank until its failure in 1924.  L. L. L. Allen and his son, L. L. Allen, largely managed bank operations until 1910.  The institution was generally suc­cessful, but failed in 1924.  Other records of the Lawrence County Bank have been previously mi­crofilmed as WHMC-Rolla Collection R543.  A more detailed history of the institution may be found in the Information Sheet for Collection R543.

 

Volume 1 is part of what appears to be an account book showing receipt and payment by the bank of commercial promissory notes.  The notes were generated by merchants and business people in Pierce City, Ritchie, Verona, and elsewhere, to firms such as the Singer Sewing Machine Company, the Moline Plow Company, the Linzee Implement Company, and other national and re­gional businesses.  The entries show the payee and recipient of the note, their locations, the origi­nal date of the note and its due date, the amount of interest charged, and the disposition of the note.  The arrangement is chronological, beginning on 16 January 1880 and continuing through 25 November 1883.  There is a hiatus in 1883, after which the records resume on 26 May 1892 and continue through 10 July 1896.

 

Volume 2 is an Exchange Register.  The entries begin on 21 August 1891 and continue through 25 March 1893.  Each entry shows the check number and date, the name of the person drawing the funds and the source from which they were drawn, the recipient of the check, the en­dorser, and the amount of the check.

 

Folder 1 contains two items of correspondence.  There are two letters, both dated 7 April 1881 and addressed to L. L. Allen at Pierce City, from the William Deering manufacturing com­pany of Chicago and Tolbert & Company of Cassville, Missouri, concerning routine banking matters.  There is also an undated memorandum on the letterhead of Allen & Sons Insurance Agency of Pierce City.

 

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