Cashier, George T. Dunham Resigns to go to Scranton Bank
Replaced by Homer H. Higley
Utica Saturday Globe, February 3, 1906
George T. Dunham
Norwich [Chenango Co., NY]: Tuesday, at the regular weekly meeting of the directors of the Chenango National Bank, Cashier George T. Dunham tendered his resignation to take effect March 1, at which date he will become cashier of the People's Bank of Scranton. The resignation was reluctantly received, Mr. Dunham having been cashier since the death of his father, the late Henry T. Dunham, in 1892. The elder Mr. Dunham organized the bank which began business in 1883, and was the cashier up to the time of his death. Shortly thereafter the son, George T. Dunham, was made cashier and under his charge the bank has become the largest in the county. Mr. Dunham will be greatly missed not only from the business but the social life of Norwich, in both of which he has been a prominent factor.
The People's Bank of Scranton is among the youngest of that city's financial institutions, having been organized as a State bank in 1901 with a capital of $100,000. It will be reorganized at once as a national bank with a capital of $500,000 and a surplus of $125,000. It numbers among the directors some of Scranton's leading financial men and most progressive citizens. In addition to becoming cashier Mr. Dunham will be one of the directors. Mr. Dunham is a brother of Harry G. Dunahm, organizer and cashier of the Dime Savings Bank, of Scranton, and of James H. Dunham, auditor of the International Salt Company with offices in that city.
Homer H. Higley was chosen cashier of the Chenango National Bank to succeed Mr. Dunham and William Mason assistant cashier. Mr. Higley has been a director of the bank since the death of the late Cyrus B. Martin and Mr. Mason has been teller for the last 15 years. These selections insure continual public confidence and the future prosperity of the bank.
Homer H. Higley
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