Borough of Etna - Centennial Festivities Yearbook (Etna, PA)

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PEOPLES SAVINGS AND LOAN The Peoples Savings and Loan Assoc. of Etna was organized on July 25, 1087 under the name of the Peoples Building and Loan Assoc. of Etna and Sharpsburg and granted a charter by ,lames A. Beaver, governor of the Common- wealth of Pa. The following local men were the first subscribers of stock in the Associa- tion: Albert M. Challant, Ed M. Patterson, David A. Jones, Vilm. C. Jordan, Alexander Martin. J. L. Robertson, Wm. G. Smith, Samuel H. Yahres. The original charter was granted for a term of thirty years with capital stock of 553,000,000 The association was first located in the old LlSalt Yvorksw on Bridge Street. The Asso- ciation moved to 32 Bridge Street in 1910. At a special meeting of the stockholders held on April 28, 1917, the stockholders voted to renew the charter of the association. The association continued to grow and on Feb. 20, 191L3Qt applied for and received insurance accounts by the F.S.L.l.C. and these were insured for 55,000 ln lan. 1947 the association received per- mission, after filing with the state of Pa. to change the name of the association to 'gThe Peoples Savings and Loan Association of Etna, with unlimited capital stock. The association purchased the property at the corner of Butler and Walnut Streets and began construction of the present building in 1949. They moved from Bridge Street to their new quarters in June, 1950. The association was located at 32 Bridge Street where it went through the floods of 1936 and 19-10. Many people over the years have been associated with the association and all have contributed greatly to the success of it. The late Thomas H. Jeremiah was the first full time secretary and manager of the associa- tion. He served from 1932 until his death in 1959. The assets grew to over 39.000000 during his 25 years as secretary. The Savings and Loan presently has assets of over 515,000,000 and has a branch office in Hampton Township. This was opened in 196114. Presidents to date have been: John L. Rob- ertson, H. C. Semple. Albert W. Morton, Alex Andres, H. Albert Stoll. Daniel C. Lewis, Charles L. Kammer. and Albert S. Jones fthe present onel. Solicitors of the association have been: Judge Thomas Ford, John YV. Thomas, Addi- son Lyons, John D. Mclntyre. G. Richard Klare, James Bruggeman, Harry YV. Donaldson. New People Savings K Loan Assoc. of Etna, Built 1950.

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BANK HISTORY Etna found itself III lw- in need of a financial institution with the eslalilisliiiieiit of a steel mill known as Spangs'i in town. With the far reaching ideals of some residents. the charter for The First National Bank of Etna was approved by the U.S. Division of Banking in 1901 and was first located in what was known as the Hieber Building on Butler St. tadjoining the present Post Office buildingl. Dr. Kroesen was its first president: Chas. il. Stroll the Cashier with W. J, Porter an employee. Directors included: Henry Ochse. Alex Wfally. Macbeth Wally', Emil Waldfogle, john Metzger. lvm. H. Thomas. Victor Spaeti, Henry Bleil. J. TV. Smith, Henry Wittner, and George Haber- lein. A few years later having outgrown its small quarters. the building at 368 Butler Street was built tnow McNamee's Drug Storel. A. YV. King of Wildinsburg became Cashier, after the resignation of C. J. Stoll lA. W. Kraus and Louis P. Lehr were employeesl. The bank having grown with the community established a L'Eoreign Depart- menti' under Mr. Mark Vinski. to assist many immi- grants to the area. They found good jobs with the Spang Chalfant Steel mill and became permanent residents. Louis P. Lehr became Cashier upon the resignation of Mr. King and substitution andfor additions to the Board included such well-known names as l. W. Edgar, D. Edwin Austen. George Matheson, then President of the bank, considered building the structure at 435 Butler St. as a Spang Employees' Club and Recreation L I ........ ...-I II . Il Ir. ..II . II I... II... II .I.. II........ ... sI.....I...., I I.. . I... lil i I 1 II, Ir I I mi Is ..IIIIII-I. X IllI.I A I II I II... I-.I...I. t.I.I... .I'.I..... II x..vI.-.. IIIiII I IIIIII I IIIIIIII II.xI.ItI In It II II xI I I I I I I I I I I ll INII I'.IIt. ' L' tl tl L x I I I I I I I I I xl I I I IJ I II I I. I I I I I I Center with the street floor area to be the new banl quarters. .lohn YV. Hoffman, as Executive V.P. of the Bank guided the building of one of the most modem and beautiful banking quarters in the area. It was without a doubt a great asset to the Borough. John W. Patterson, Pres. of Enameled Metals Co., a new up and growing business in the borough. be- came Pres. of the Bank upon the death of Mr. Mathe- son. Cashier then was H. A. Beiswenger, formerly an employee of the Diamond National Bank of Pitts- burgh. The bank operated as The First National Bank of Etna in these quarters until Feb. l943 when it became a branch of Peoples Pittsburgh Bank 81 Trust Co., known now as Pittsburgh National Bank. Vilm. E. Teuteberg came to be Manager in charge, succeeded by Thos. Schofield and Mr. Robert lngram. In 1966 after the moving of Spang Chalfant mills to Ambridge, Enameled Metals Co. to Verona, and the U.S. Steel dissolving of the Etna Blast Furnaces, Pgh. National Bank elected to build a smaller and much more modern banking building at its present site at 380 Butler St. Wm. K. Denaro became its first Manager in Charge and was succeeded by Rich- ard Schreiner. lts present Board of Advisors are Jas. Mcllroy, R. J. Casey, Lee A. Donaldson, las. Brennan, S. J. Jackson. It has during the years continued to grow with, and service its customers, now being a full service bank catering to most any financial need. rv up with Miss Margaret Hartman, Senior Commercial wears of service with the bank and Mr. Gardner I I .I+Wi'9'f9p!'5'l' ll 1 ,..qj,..-- ---ggjjI- . A W I - .ga r . ff K NO - e I' -as '. l ,wr .PY N, w I - A H27 LJ , , 2-f 0 5ff11t'1'f'b I . 1 -U I .lt ff!!- ' QI? i fZf3'3g f,QM Z K ' ' .gy f. .' i 453' if 4 I fl i , I L rt 2211 N ,,,g ' 2 . ' 3 il' I L ,f'f :jMm'ilf . ILA ? ' 55 V U .. -gl, .-.t:.g-,?l:igy A- VE.-1 , . , 43, vi -my ,N 'Lu .Af ' ' Q ' Ir, sf' f i if :...nr.If' A-4 271 , ,, -fr- . i' ' ,L 'V , Xsinlgx:-.ff .II IIVIIIIIIIII III-Ii III thi' l'IllwluIIgglI X.I .if ' . - tIIIII.I IMIIIIX IIIIIII I-lII.I II-sul.-:Ile lI.uI Williilnl Denaro, Etna Branch Assistant Vice Presidon Charles Gardner. Assistant Secretary. Miss Hartman

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METZCER 8 COLLNIAN SHOE STORE METZCER'S SHOE STORE L. to R. Walt Collmun. Ray Metzger, Eugem- Marie Metzger r Hvlzyr-r. ,1 .QUAD a f V 4,.S. Y,...f- 1 4 , , -6' - Srkec-ic's Confeclionary at 37 Sycamore S14 shown here in back- ground. Notice that the row of 39-49 was then fa f- mt wfijfduzg . x 4 1 1 L 1 Q. N ,X., 'H ED AKSTEN. JR. 1969 .. 1 7 ,' W it ft ! 'AVQWX 4-.wx --. T iq 'q.,' .Vkl i 1 ft 1 1 , ' MF- ,S W I . X lg ali , kj' K X O i x 'l lhxsfgi W 1 :C V x 1 ,S 1, 1' . Q I Il f. I I F4415 A NK' lg gala! , ti 1t' 2 If , fl K 2, 1 3 A ' V A ' tp callli- ' A YVVS V Q 'Q A 1 .urn K Eifde-rl Stun- And Ynungl Drug 1 Store. Y0ung'S lutflr Lrfxinc-'5 Cro- from lutvr Store. I 1-vrx. rl f YO- , Nail? fi?-I n -J f V ,rf -V J tx Q 'Q4.ffE4.ff,, . All, 1 :I 'uw F, 1 ,- - .1 rw A A ---...,..,. F M' N K, f u ,., .,..., , ...t av. - , ', V-,754 ,U ' -H h f ,..,g....L.,,.,,-'AEQQ 1 1 1 1 Wqc ii Xlurgtlvy 9 .1 A lfl nun xxlwvf- lfqulw .lllll Nunn P .,,,-. ,- 1 L 1 . . . , , Pfaulfs uarly store, opprwite side of Street on the ground. Joe and Jack Vinski posing, fa2s'fZ?g's:5f',f-4 I ' 1 ' DR. EDWIN AUSTEN 1918 -L , 5, N Pfaulfs later :lun-. Was between and Win1'l1el's. ELECTRIC E' HFPLIHNCE CENTER I ullt R 1-In-1' hnmmix- llwatrv was Prcsvnl Pos! Offiue. I r xx I 1111 nt ' .ft ,,1i , ,MS , ., WW.,