2BeloitOctober 1875MonthThe Merchants & Mechanics' Savings Bank opened for business in Lappin's block; its first report ( December 7, 1875 ) showed capital paid in of $20,000, deposits of $47,000, and loans of $37,000.
2BeloitOctober 10, 1875A pattern-maker left the Merrill & Houston iron works and commenced business for himself.