Biographical Sketch of Jesse R. Beggs

Jesse R. Beggs, president of the First National Bank of Arcola, doubtless enjoys the distinction of being the youngest national bank president in the state. He has occupied this important position since the death of his father, whom he succeeded in February, 1895. He was born in Arcola, August 19, 1868, and was educated in the public schools of the village. His father, James Beggs, was born in Clark County, near Charlestown, the old County seat. He came to Arcola in 1858, where he followed a most successful business career up to the time of his death. His wife was Amanda Brentlinger, who was also born in the same town. On the organization of the bank, in 1874, he was chosen its first president, though he had had banking experience since 1866. The present capital of the bank is fifty thousand dollars, with a surplus of ten thousand dollars, and one hundred and twenty thousand dollars average deposits. Under its present management it is doing a flourishing business, and is one of the most substantial banking houses in central Illinois.

In 1892 our subject was married to Miss Florence M. McMillan, of Arcola. Mr. Beggs has many substantial and devoted friends and no young man is more favorably known throughout the County than he.



MLA Source Citation:

Gresham, John M. Historical and Biographical Record of Douglas County, Illinois Logansport, Indiana: Press of Wilson, Humphreys & Co. 1900. AccessGenealogy.com. Web. 19 December 2014. http://www.accessgenealogy.com/illinois/biographical-sketch-of-jesse-r-beggs.htm - Last updated on Oct 23rd, 2012


Categories:
Topics:
Locations:
Surnames:

Contribute to the Conversation!

Our "rules" are simple. Keep the conversation on subject and mind your manners! If this is your first time posting, we do moderate comments before we let them appear... so give us a while to get to them. Once we get to know you here, we'll remove that requirement.

You must be logged in to post a comment.

Newsletter Signup

We currently provide two newsletters. Why not take both for a run?

Genealogy Update: We send out this newsletter whenever we feature a new, or significantly updated, collection or database on our website.

Circle of Nations: We send out this newsletter whenever we feature a new (or significantly updated) Native American collection or database on our website.

Once you've clicked on the Subscribe button above you'll receive an email from us requesting confirmation. You must confirm the email before you will be able to receive any newsletter.

Connect With Us!

Pin It on Pinterest

Shares
Share This

Share This

Share this post with your friends!