274 



History of Hingham. 



House. Ebenezer Gay was chosen president, and John 0. Lov- 

 ett, cashier. The bank went into operation the same year, having 

 its olhce in the Derby Academy. 



March 31,1836, an increase of the capital to $150,000, in shares 

 of $100 each, and Feb. 19, 1844, a reduction to $105,000 by 

 changing the par value of the shares from $100 to $70, and re- 

 funding the difference to shareholders, were authorized by the 

 Legislature. 



May 2, 1849, the charter was renewed until Jan. 1, 1875, and 

 May 25, 1853, the Legislature authorized an addition to the capital 

 of $35,000, in shares of $70 each. The bank continued as a State 

 bank until 1865. 



The Act of Congress authorizing the establishment of national 

 banks was passed in 1864, and April 25, 1865, the " Hingham 

 National Bank" was chartered with a capital of $200,000 in 

 shares of $100 each. 



In October, 1873, the capital was reduced to $140,000 by chang- 

 ing the par value of the shares from $100 to $70. The charter 

 has been extended to April 24, 1905. 



P rest dcu Is. 



Daniel Bassett, pro tern. 

 Charles Siders . 

 Joseph Jacobs, Jr. 



Frank R. Hilliard . . 

 Bcnj. Arthur Robinson 



Robert T. P. Fiske . 

 Daniel Bassett . 

 Ebenezer Gay . 

 David Lincoln . 

 Jedediah Lincoln 

 Barnabas Lincoln 

 Rufus Lane, Jr. 

 Alfred Loring . 

 Crocker Wilder 

 Peter L. Whiton 

 Thomas F. Whiton 

 William Fearing, 2d . 

 E. Waters Burr 

 Ephraim Snow, Cohasset . 

 Enos Lorintr .... 

 William Whiton . . . 

 Atkinson Nye .... 

 Peter L. Whiton, re-elected 

 Charles Howard 



1876 

 1S76 



1885 



1S66 

 1S45 

 1S61 

 1867 

 1847 

 1S49 

 1S61 

 1875 

 1S75 

 1S70 

 1S6S 

 1872 

 1870 

 IS 73 

 1871 

 1875 

 1874 

 1874 

 1874 



Abraham II. Tower, Jr., Cohasset 

 Charles Siders .... 

 Joseph Jacobs, Jr. 

 Daniel Bassett .... 1890 

 Edmund Hersey, 2d . . 

 Atkinson Nve, re-elected 

 William C Wilder . . 1S91 



