1852
The Rock River Bank, the first bank in Beloit, was organized with a capital stock of $50,000 by Pittsburgh gentlemen.
BeloitGrade A · 1 independent source
The evidence
“Numerous and well organized attempts were made to keep those emblems of prosperity afloat, but, in the generality of cases, times proved too hard, and de|)Ositors or creditors too pressing, and ruin and disaster followed. The first of these attempts was made in the case of the Rock River Bank — the first in Beloit — which was organized with a capital stock of $50,000, by some Pittsburgh (Penn.) gentlemen in 1852. They soon after sold out to Messrs.”
1879-history-of-rock-county/15-rock-county-ch09-beloit.md, PDF p. 632
Butterfield, C. W., et al. The History of Rock County, Wisconsin: its early settlement, growth, development, resources, etc. Chicago: Western Historical Company, 1879. Cornell University Library via the Internet Archive, archive.org/details/cu31924028871585.
Grade A: Found on a page of one of our sources
On the printed page (PDF p. 632) · open the whole page
