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HISTORY OF ERIE COUNTY 279
Having lived to the end of its charter it became desirable to in a
measure effect a reorganization for a further continuance of business,
but that the full honor and credit of its most excellent standing might
be invardcd to those to Avhom it Avas due, a change in the corporate name
of the institution became necessary. To accomplish the end the First
National Bank, as a body corporate, liquidated its business and passed
out of existence, and on the 20th day of October, 1883, the Moss National
Bank of Sandusky, with a capital stock of $150,000, took its place. The
directors Avere Homer GoodAvin, James Woohvorth, John T. Johnson,
Augustus II. Moss and Jay O. Moss. Augustus II. Moss Avas elected
president and Jay 0. Moss vice president. Charles IT. Moss Avas appointed
cashier and Augustus C. Moss actuary.
The Second National Bankuvas incorporated November 1 24, 1863,
with an authorized capital stock of $100,000, in shares of $100 each.
This institution had its origin in the banking house of Barney, Hubbard
& Durbin, Avhich Avas iii turn succeeded by the firm of Hubbard & Company,
also private bankers, to Avhose business reference has been made.
The latter firm AVIIS in business from May, 1863, until January, 1864,
when the Second National Bank of Sandusky opened its doors for business.
The first board of directors Avas composed of the folloAving persons:
Rollin If JHubbard, Lester S. Hubbard, Watson Hubbard, William
T. West, Ilalsey C. Post, Lester II. Latham, James II. Stead, Chris.
C. Keech and William A. Simpson. The first officers were Lester S.
Hubbard, president, and Andrew W. Prout, cashier.
Lester S. Hubbard continued as president of the bank until the time
of his death, July 12, 1875, Avhen he Avas succeeded by Rollin B. Hubbard.
After the term of the bank's charter had expired it AA'as reneAved and
business continued' Avithout interruption and with little or no material
change in management.
The Third National Bank of Sandusky Avas an institution founded
and opened for the transaction of a general banking business on the
10th of October, 1872. It cannot be said to haA'e been the outgroAvth of
any former similar business, but rather an original enterprise, necessitated
by the growing manufacturing and mercantile business of the city
and vicinity.
The first board of directors comprised the following persons: Peter
Gilcher, Jacob Engles, Henry J. Donahoe, Philip Graefe, Christian F.
Sehoepfle, George J. Anderson and LaAvrence Cable. The last named,
Mr. Cable, 'Avas elected- president; Jacob Engles, vice president, and
George J: Anderson, cashier. The capital stock of t§fe bank Avas $100,000.
Upon one occasion during the pashiership of George J. Anderson this
bank AVIIS the victim of a forged draft to the extent of $2,500, but through
the prompt action of Mr. Cable, the president, the forger Avas overtaken
just as he Avas about to leave the city and compelled to deliver up his
ill-gotten gains. His story AVIIS so exceedingly plausible, and his protestations
of innocence so well feigned that the president did not seek to
arrest and detain him, but rather to recover the cash. Subsequent events,