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sident of Cambridge in accordance with a long-cherished plan. It was opened on May 30, 1874, in a house on Avon Place near Linnaean Street, which, with its furniture and what was expected to be an ample endowment, was transferred to the corporation of the Avon Place trustees in November of that year. The original board of trustees consisted of Mrs. Henry W. Paine, president; Rev. D. O. Mears, treasurer; Miss Irene F. Sanger, clerk; and Dr. Andrew P. Peabody, Mrs. Joseph Lovering, Mrs. W. T. Richardson, Mrs. Henry Thayer, Mrs. J. M. Tyler, and Mrs. B. F. Wyeth. Dr. Peabody succeeded Mrs. Paine as president, and at the time of his death in 1893 was the last one of the original trustees; Mr. William Taggard Piper was chosen to succeed Dr. Peabody. Mrs. John Bartlett and Miss Maria Murdock respectively followed Miss Sanger as clerk, and Mrs. J. M. Tyler and Miss Mary A. Ellis succeeded Mr. Mears as treasurer. Four trustees were added in November, 1875, and in January, 1886, the numbe
., Thomas Lee, Esq., Samuel Child, Jr., Charles Folsom, Esq., Hon. Joseph Story, Stephen Higginson, Esq., Dr. F. J. Higginson, Rev. Thomas W. Coit, Jonas Wyeth, Jr., John G. Palfrey, William Newell, Nehemiah Adams, R. H. Dana, Ebenezer Francis, Jr., Andrews Norton, Alexander H. Ramsay, Richard M. Hodges, William Saunders, J. B. Dana, C. C. Little, Simon Greenleaf, J. E. Worcester, John A. Albro, C. C. Felton, Charles Beck, Morrill Wyman, James Walker, E. S. Dixwell, Converse Francis, William T. Richardson, H. W. Longfellow, Edward Everett, Asa Gray, Francis Bowen, Joseph Lovering, John Ware, John Holmes, Estes Howe, William Greenough, Robert Carter, E. N. Horsford, Charles E. Norton. Dr. Holmes remained president until his death in 1837, when Joseph Story was put in his place, Dr. Ware still remaining vice-president. Levi Hedge (Ll. D.) was treasurer until 1831, when, on account of ill-health and expected absence from town, he asked to be relieved from the cares of office, and a
ed 1844, died in 1869; Samuel B. Rindge, elected 1869, died in 1883; David B. Flint, elected 1883, resigned in 1887; Charles E. Raymond, elected 1887, resigned 1889. Walter S. Swan, now its president, was elected in 1889. Mr. Dana, its first cashier, held the position until November 22, 1858, when he resigned, and Eben Snow was elected. Mr. Snow resigned January 1, 1890, and George H. Holmes, the present cashier, was elected. The board of directors is composed of Walter S. Swan, William T. Richardson (elected a director in 1845), James A. Wood, R. N. Toppan, and William B. Durant. The capital of the bank is $100,000, and it has a surplus and undivided profits of $61,471. The first National Bank The first National Bank.—In the autumn of 1860, during the period when civil war menaced the country, and filled the public mind with anxious thoughts, and at a time when the country was suffering a consequent financial depression, a few of the leading citizens of Cambridge conceive