Hamlin C. Bailey

As printed in 1910

HAMLIN C. BAILEY.

The record of Hamlin C. Bailey, the well-known cashier of the Farmers’ Bank at Quitman, Nodaway county, is that of a man who, by practically unaided efforts, has worked his way from a comparatively modest beginning to a position of influence and comparative affluence in his community. His life has been one of unceasing industry and perseverance, and the systematic and honorable methods he has ever followed have won him the unbounded confidence of his fellow-citizens, having at all times, while advancing his own interests, labored to promote those of his county.

Mr. Bailey was born in Morgan county, Ohio, July 12, 1860, and is the son of John P. and Mary J. (Barr) Bailey, an old and highly esteemed family, who came to Grundy county, Missouri, when Hamlin C. was eight years old. They lived there about four years, then went to Henry county, Iowa, where they lived until their son was of legal age. He received a good common school education. His first start in life for himself was in a store in Wayland, Iowa, but in 1882 he went to Kansas City and spent five years in a furniture store, then was engaged as bookkeeper and salesman for Emmert & Neal at Tarkio for five years, then was with other firms for about eight years. In February, 1900, he came to Quitman and became cashier of the Farmers’ Bank of this place, and he has filled this position with ability and credit.

Mr. Bailey was married in 1887 to Edith M. Bailey, daughter of Eli and Mary (McCollister) Bailey, a full sketch of whom appears elsewhere in this work. Five children have been born to Mr. and Mrs. Hamlin C. Bailey, namely: Allison D., who is bookkeeper for a firm in St. Joseph; Halbert L., Harry A., Mary E. and John W., all at home with their parents.

Politically Mr. Bailey is a Republican, is influential in local party affairs, and for years he has been a member of the Republican county central committee and is treasurer of the same. Personally, he is a persistent worker, industrious, obliging and public spirited. He has always looked very carefully to details, has the foresight and discernment of the modern business man of affairs and exercises sound judgment in all his transactions and relations with the world.

The Farmers' Bank of Quitman, mentioned above, is controlled by John S., J. Edward and Russell 1. Bilby, bankers, and was organized in 1885 as a private bank, and it was maintained as such until 1897, when it was sold out to Dr. Rufus H. Smith, who ran it two years, and then sold it to the present owners, the Bilbvs. It has a capital stock of ten thousand dollars, with a surplus of two thousand and five hundred, and is regarded as a sound and safe institution. The following official statement, in part, issued January 31, 1910, is sufficient to show its solid condition: Loans and discounts, $22,521.71; loans, real estate, $1,150.00; overdrafts, $999.62; real estate (banking house), $1,500.00; furniture and fixtures, $750.00; due from other banks and bankers, subject to check, $22,178.76; cash items, $6.50; currency, $1,667.00; specie, $630.84; total, $51,727.67. Liabilities: Capital stock paid in, $10,000.00; surplus fund, $2,500.00: undivided profits, net, $2,573.00; deposits, $36,654.67; total, $51,727.67.

As printed in Past and present of Nodaway County, Missouri (1910). See the original pages. Wording is the original; obvious scanning errors have been corrected, and a few may remain.