Thursday, February 9, 2012
400 Main Street
Before we move on to other current stories here's something we've been meaning to do for a while now. We wanted to do more research on the Silver Bank but the files at the River Museum are skimpy at best. We got interested last spring when the ghost hunters started trying to tell us the Silver family were bad news. According to them their burial vault wasn't even allowed in the cemetery. What they failed to tell us was the fact that vault is actually in Springhill Cemetery, on the hillside next to the original entrance. It has been sadly neglected over the years and is now almost overgrown by weeds and trees.
From what we have learned so far is that the Silver family first came to Columbiana County in the early 1800s. After the death of his father Thomas H. Silver came to Wellsville to manage his father's business interests. They were varied and in 1884 he founded the Silver Bank, mainly to manage his father's estate. The bank was located at 400 Main Street, shown in the first picture.
The bank must have went bankrupt sometime in the early 1900s. There was a posting on Face Book about a 1911 newspaper article about a murder of an asset appraiser assigned to determine the value of the bank. When they found the bank vaults nearly empty many depositors were very upset.
That's where the story of the Silver Bank and why it closed comes to an end for the time being. Some day we'll see if the East Liverpool library has newspapers that go back that far. We have been told the bank building was torn down in the 1930s.
After that the next building was Miller Insurance, which is our earliest recollection of what was at that address. The business was owned and operated by the late Paul Miller. After that came Annie's Kitchen, the River Grill and today's Tonda's Place. Did we miss any?
The older pictures are copied from ones in the archives at the River Museum. The one of Miller Insurance is actually a post card.
Posted by ************* at 12:43 PM