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Rome Charles Stephenson

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Rome Charles Stephenson

Birth
Wabash, Wabash County, Indiana, USA
Death
4 Dec 1934 (aged 69–70)
South Bend, St. Joseph County, Indiana, USA
Burial
Upper Sandusky, Wyandot County, Ohio, USA Add to Map
Plot
Lot I, sect 3
Memorial ID
View Source
Published in The Rochester (IN) News-Sentinel Wednesday, December 5, 1934

South Bend, Dec. 5. (UP) -- Funeral services for the Honorable Rome C. STEPHENSON will be held Friday afternoon at his home. Burial will be made in a cemetery at Upper Sandusky, Ohio.
__________

Rochester citizens were shocked by the news of the sudden death of one of its former prominent citizens, which occurred at his home 201 West North Shore Drive, in South Bend, late Tuesday evening.
Although intimate friends in this city knew that Mr. Stephenson had been in failing health for ten weeks from heart trouble, his condition was not believed extremely critical. The former resident suffered a relapse last Saturday and from that time on he gradually grew weaker until the end.
Rome C. Stephenson came with his parents from Wabash, Indiana to Rochester in the early 1880's, his parents, Mr. and Mrs. Hugh M. STEPHENSON, residing in the residence located at 328 West 10th street this city, for a long number of years.
While still a young man Mr. Stephenson entered the abstracting business in partnership with his father. While thus employed, he studied law under the tutelage of Attorney George W. HOLMAN and a few years later became a co-partner in this professional field which later materialized into one of the outstanding law firms of northern Indiana.
During his association with the law firm of HOLMAN, STEPHENSON & BRYANT, Mr. Stephenson took a prominent part in commercial interests of the city. He was one of the organizers of the ROCHESTER TELEPHONE CO., President of the MUTUAL INVESTMENT and the ROCHESTER IMPROVEMENT CO. (these being real estate improvements projects in the north and northeastern section of Rochester), and a co-organizer in the first telephone plant on Mackinac Island.
In the year of 1906, Mr. Stephenson organized the ROCHESTER TRUST AND SAVINGS CO., which had its offices in the building now occupied by HOLMAN & BERNETHA law offices. In the operation of this financial institution Mr. Stephenson served in capacity of president. During his experiences in the city's commercial growth he was persuaded to enter the political field and was elected to the State Senate, representing Fulton and Wabash counties in a most efficient manner in the state legislature.
In the latter years of his residency in Rochester, Mr. Stephenson was leader in every worthwhile commercial and civic project. His dynamic personality and business sagacity in the financial fields brought him a call from the St. Joseph Loan & Trust Co., in the year of 1908 which he accepted. A short time later he was elected vice-President of the St. Joseph Trust & Savings Bank and in later years to the presidency.
In his business career in the up-state city, Mr. Stephenson's shrewd and broad understanding of state and national affairs brought him nation-wide recognition in financial circles, records of which are carried in the South Bend press report of his demise.
Throughout all of his years of residency in South Bend Mr. Stephenson kept in close touch with his friends and former business associates in this city, visiting Rochester several times each year. The following article from South Bend gives an interesting review of the colorful career of the former, highly esteemed Rochester citizen:
__________

South Bend, Dec. 5, -- Rome C. STEPHENSON, 69, former president of the American Bankers' Association and one of the city's foremost financial authorities for a quarter of a century, died late yesterday at his home.
Mr. Stephenson suffered a heart attack several months ago and had been confined to his bed most of the time since. Last week he was able to walk to the front porch. However, last Saturday he suffered another attack and sank slowly. The cause of his death was given as acute coronary thrombosis of the heart.
He retained consciousness to the end. At his bedside was Mrs. Mary STUART STEPHENSON, whom he married several years ago. His first wife, who was Miss Ella MAXWELL of Sandusky, O., died April 7, 1930.
One son, Joseph M. STEPHENSON, South Bend newspaper publisher, was enroute to California with the Notre Dame football team. He was notified of the death at Tucson, Ariz., last night and was returning to South Bend by airplane. Another son, Hugh R. STEPHENSON arrived last night from Chicago.
Funeral services will be held Friday. Burial is expected to be in Upper Sandusky. O.
Regarded as the dean of Indiana bankers, Mr. Stephenson was known by thousands of citizens of northern Indiana.
From the time he arrived in South Bend in 1908 from Rochester to assume the vice presidency of the St. Joseph County Savings Bank and of the St. Joseph Loan & Trust Company, he was a leading figure in the civic and industrial life of the city.
He continued in these positions until 1915, when he was elected president of the trust company. He also retained his official connection with the savings bank.
His rise in the banking profession is a record of steady, consistent acievement. After serving as president of the Indiana Bankers Association and on numerous committees of the American Bankers' Association, he was honord with the presidency of the latter organization in October, 1930.
Only Monday Mr. Stephenson had been named a member of the committee to protect the interests of common stockholders in the reorganization of the Studebaker Corporation. Other committee members were prominent metropolitan bankers.
Born in Wabash, Mr. Stephenson was educated in the public schools until he was 14. He then launched a program of self-education by the reading of books.
During this time he supported himself by a number of boyhood business ventures. These included the selling of water lilies from Lake Manitou, near Rochester, to florists in large cities, and the selling of a grease remover he prepared himself.
His aptitude of the law profession soon won him a place in the law office of George W. Holman at Rochester.
By close study he was able to appear before the bar by the time he was 21. His association with Mr. Holman was a prosperous one. The firm was regarded as one of the outstanding law partnerships in northern Indiana.
For twenty-one years Mr. Stephenson continued his law practice. He had become familiar with mortgage loans and in 1906 established the Rochester Trust & Savings Company. Two years later he came to South Bend.

SOURCE:
Fulton County Indiana Obituaries – 1934
By Jean C. and Wendell C. Tombaugh
Published in The Rochester (IN) News-Sentinel Wednesday, December 5, 1934

South Bend, Dec. 5. (UP) -- Funeral services for the Honorable Rome C. STEPHENSON will be held Friday afternoon at his home. Burial will be made in a cemetery at Upper Sandusky, Ohio.
__________

Rochester citizens were shocked by the news of the sudden death of one of its former prominent citizens, which occurred at his home 201 West North Shore Drive, in South Bend, late Tuesday evening.
Although intimate friends in this city knew that Mr. Stephenson had been in failing health for ten weeks from heart trouble, his condition was not believed extremely critical. The former resident suffered a relapse last Saturday and from that time on he gradually grew weaker until the end.
Rome C. Stephenson came with his parents from Wabash, Indiana to Rochester in the early 1880's, his parents, Mr. and Mrs. Hugh M. STEPHENSON, residing in the residence located at 328 West 10th street this city, for a long number of years.
While still a young man Mr. Stephenson entered the abstracting business in partnership with his father. While thus employed, he studied law under the tutelage of Attorney George W. HOLMAN and a few years later became a co-partner in this professional field which later materialized into one of the outstanding law firms of northern Indiana.
During his association with the law firm of HOLMAN, STEPHENSON & BRYANT, Mr. Stephenson took a prominent part in commercial interests of the city. He was one of the organizers of the ROCHESTER TELEPHONE CO., President of the MUTUAL INVESTMENT and the ROCHESTER IMPROVEMENT CO. (these being real estate improvements projects in the north and northeastern section of Rochester), and a co-organizer in the first telephone plant on Mackinac Island.
In the year of 1906, Mr. Stephenson organized the ROCHESTER TRUST AND SAVINGS CO., which had its offices in the building now occupied by HOLMAN & BERNETHA law offices. In the operation of this financial institution Mr. Stephenson served in capacity of president. During his experiences in the city's commercial growth he was persuaded to enter the political field and was elected to the State Senate, representing Fulton and Wabash counties in a most efficient manner in the state legislature.
In the latter years of his residency in Rochester, Mr. Stephenson was leader in every worthwhile commercial and civic project. His dynamic personality and business sagacity in the financial fields brought him a call from the St. Joseph Loan & Trust Co., in the year of 1908 which he accepted. A short time later he was elected vice-President of the St. Joseph Trust & Savings Bank and in later years to the presidency.
In his business career in the up-state city, Mr. Stephenson's shrewd and broad understanding of state and national affairs brought him nation-wide recognition in financial circles, records of which are carried in the South Bend press report of his demise.
Throughout all of his years of residency in South Bend Mr. Stephenson kept in close touch with his friends and former business associates in this city, visiting Rochester several times each year. The following article from South Bend gives an interesting review of the colorful career of the former, highly esteemed Rochester citizen:
__________

South Bend, Dec. 5, -- Rome C. STEPHENSON, 69, former president of the American Bankers' Association and one of the city's foremost financial authorities for a quarter of a century, died late yesterday at his home.
Mr. Stephenson suffered a heart attack several months ago and had been confined to his bed most of the time since. Last week he was able to walk to the front porch. However, last Saturday he suffered another attack and sank slowly. The cause of his death was given as acute coronary thrombosis of the heart.
He retained consciousness to the end. At his bedside was Mrs. Mary STUART STEPHENSON, whom he married several years ago. His first wife, who was Miss Ella MAXWELL of Sandusky, O., died April 7, 1930.
One son, Joseph M. STEPHENSON, South Bend newspaper publisher, was enroute to California with the Notre Dame football team. He was notified of the death at Tucson, Ariz., last night and was returning to South Bend by airplane. Another son, Hugh R. STEPHENSON arrived last night from Chicago.
Funeral services will be held Friday. Burial is expected to be in Upper Sandusky. O.
Regarded as the dean of Indiana bankers, Mr. Stephenson was known by thousands of citizens of northern Indiana.
From the time he arrived in South Bend in 1908 from Rochester to assume the vice presidency of the St. Joseph County Savings Bank and of the St. Joseph Loan & Trust Company, he was a leading figure in the civic and industrial life of the city.
He continued in these positions until 1915, when he was elected president of the trust company. He also retained his official connection with the savings bank.
His rise in the banking profession is a record of steady, consistent acievement. After serving as president of the Indiana Bankers Association and on numerous committees of the American Bankers' Association, he was honord with the presidency of the latter organization in October, 1930.
Only Monday Mr. Stephenson had been named a member of the committee to protect the interests of common stockholders in the reorganization of the Studebaker Corporation. Other committee members were prominent metropolitan bankers.
Born in Wabash, Mr. Stephenson was educated in the public schools until he was 14. He then launched a program of self-education by the reading of books.
During this time he supported himself by a number of boyhood business ventures. These included the selling of water lilies from Lake Manitou, near Rochester, to florists in large cities, and the selling of a grease remover he prepared himself.
His aptitude of the law profession soon won him a place in the law office of George W. Holman at Rochester.
By close study he was able to appear before the bar by the time he was 21. His association with Mr. Holman was a prosperous one. The firm was regarded as one of the outstanding law partnerships in northern Indiana.
For twenty-one years Mr. Stephenson continued his law practice. He had become familiar with mortgage loans and in 1906 established the Rochester Trust & Savings Company. Two years later he came to South Bend.

SOURCE:
Fulton County Indiana Obituaries – 1934
By Jean C. and Wendell C. Tombaugh

Gravesite Details

; part of one huge Maxwell plot



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