UP TO DATE. 



533 



Photo, George Herbert Roberts. 



The Cohasset Savings Bank. 



The Cohasset Savings Bank was established Februaiy 28, 1845, when Paul Pratt, Henry 

 J. Turner, and John Bates, with their associates, were incorporated under the State law. 



The first meeting was held at Smith's Tavern, December i, 1845, when the business was 

 placed into the hands of the following trustees: — 



Paul Pratt, president. 

 Henry J. Turner. Lot Bates. James C. Doane. 



Daniel T. Lothrop. Zenas Stoddard. A. H. Tower. 



Job Gushing. Thomas Smith. Nichols Tower. 



Francis L. Bates. Levi N. Bates. Solomon J. Beal. 



The bank was kept by Levi N. Bates thirty-seven years in an upper room of his own 

 home, above his apothecary store, until his successor, the present treasurer, Caleb Lothrop, 

 was chosen; then it was moved downstairs, where it remained until the new bank building 

 was completed in 1898. 



The growth of the institution may be judged from the following statistics: — 



There were fifty-three depositors the first year, 1846 total $7,552.00 



At the end of the first ten years the total amount on deposit 74,763.5s 



In 1898 there are 1,480 depositors with a total amount 660,244.38 



The trustees of 1898 are as follows: — 



Abraham H. Tower, president. Charles F. Tilden. 



Louis N. Lincoln, vice-president. Morgan B. Stetson (deceased). 



Newcomb Bates, secretary. Caleb F. Nichols. 



Loring Bates. C. James Pratt. 



Philander Bates. Charles A. Gross. 



Newcomb B. Tower. Amos A. Lawrence. 



Charles H. Willard. George K. Nickerson. 



