Wednesday, December 27, 1911
James H. Bales, banker and prominent citizen, is dead at Eldora after a long illness. He was born in Jefferson County, Tennessee, in 1846 and came to Iowa in 1857. He served in the Thirty-third Iowa in the Civil war.
1917 Biography of Seth Hammer
by Thomas Jefferson Hammer
In 1871 J.H. Bales opened a grocery and dry goods store at Amboy, Jasper County. Disposing of the store, in which S.F. Hammer was a partner, to John Luna Bales, Mr. Bales moved to Hardin County, buying a farm in Grant Township. Later he opened a store in Idaho, in the same township. In 1877 he moved to Reasnor, Jasper County, where he engaged in general merchandising. Returning to Hardin County in 1882, he again opened a store, this time at Hubbard, carrying general merchandise.
Having received the appointment to a deputyship in the County Treasurer's office in 1884, he moved to Eldora, where he served four years as Deputy and four years as County Treasurer. In 1891 Mr. Bales opened the Bank of Hubbard, at Hubbard, of which he was elected president. In 1892 he purchased a block of stock in the City Bank of Eldora and was elected President of that institution. Later it was made a State bank, taking the name of the City State Bank of Eldora. In 1892-1893 the business of the bank had increased to such a magnitude that Mr. Bales and his associates decided to make it a national bank, so it became the First National Bank of Eldora. Subsequently the stockholders of the First National Bank organized the First Trust and Savings Bank of Eldora, Mr. Bales being the prime mover in the enterprise.
His widow, Mrs. Sadie E. Bales, while retaining her residence at Eldora, spends much of her time in California, James Gillespie Bales, her foster son, and family, occasionally accompanying her to the Golden State.
Wednesday, December 27, 1911
James H. Bales, banker and prominent citizen, is dead at Eldora after a long illness. He was born in Jefferson County, Tennessee, in 1846 and came to Iowa in 1857. He served in the Thirty-third Iowa in the Civil war.
1917 Biography of Seth Hammer
by Thomas Jefferson Hammer
In 1871 J.H. Bales opened a grocery and dry goods store at Amboy, Jasper County. Disposing of the store, in which S.F. Hammer was a partner, to John Luna Bales, Mr. Bales moved to Hardin County, buying a farm in Grant Township. Later he opened a store in Idaho, in the same township. In 1877 he moved to Reasnor, Jasper County, where he engaged in general merchandising. Returning to Hardin County in 1882, he again opened a store, this time at Hubbard, carrying general merchandise.
Having received the appointment to a deputyship in the County Treasurer's office in 1884, he moved to Eldora, where he served four years as Deputy and four years as County Treasurer. In 1891 Mr. Bales opened the Bank of Hubbard, at Hubbard, of which he was elected president. In 1892 he purchased a block of stock in the City Bank of Eldora and was elected President of that institution. Later it was made a State bank, taking the name of the City State Bank of Eldora. In 1892-1893 the business of the bank had increased to such a magnitude that Mr. Bales and his associates decided to make it a national bank, so it became the First National Bank of Eldora. Subsequently the stockholders of the First National Bank organized the First Trust and Savings Bank of Eldora, Mr. Bales being the prime mover in the enterprise.
His widow, Mrs. Sadie E. Bales, while retaining her residence at Eldora, spends much of her time in California, James Gillespie Bales, her foster son, and family, occasionally accompanying her to the Golden State.
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