Charles Mcgill Lamberton Obit 1921

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Charles Mcgill Lamberton Obit 1921 - tlonal Bank and of the Citizens Bank-j Bank-j...
tlonal Bank and of the Citizens Bank-j Bank-j Bank-j lag Co, of this city and one of the best i known residents in this section of the ; state, died at midnight Monday ljrb.t I at his apartment in the Lamberton block, following a short Illness which had its inception in an injury sus-! sus-! sus-! tminod on May 7 when he fell while as-; as-; as-; ending the steps of the Venango Club, i where he 'was to have dinner with a 'party of friends. i Immediately after the accident Mr. Xamberton was taken to the Oil City ) Hospital ,where an X-ray X-ray X-ray examination j showed a fracture of the bone of his i right leg at the hip. On his request, following the examination, he was re- re- moved to hla own apartment, where he t had the best care that could be given ' Jjlm by trained nurses, local physlclons j and specialists. His condition from the first was considered grave and for the i past week it was known that, he could 1 aot get well. During his critical illness V'-l V'-l . O. X. IAMBERTON. .53-, .53-, 1 the general concern of people through-i through-i lout the city in all walks of life and ' their, frequent- frequent- inquiries as to. his con-' con-' J dition attested to the substantial hold ;he had in the affection and udmiration :of the people of this city. Charles McGill Lamberton was born 'r-i 'r-i February 16f 185t, In Franklin and was ' the son of the late James G. and Anna .'Whiting-Lamberton.. .'Whiting-Lamberton.. .'Whiting-Lamberton.. .'Tie attended the J public schools of Franklin and then Jtook a course in the Eastman Business j College in l'oughkeepsie, N. Y., from which institution he was graduated on " January 1, 1877. Two weeks later he entered the employ of what was' then the banking institution of Reynolds, sHukill & Co., which had developed ?from the banking firm of the Robert 4 Lamberton Co., founded In. 1861. " His first position was a clerical one, but because of his ability and unusual understanding of the business he was steadily promoted until 18S4, when he .purchased an interest in the hank becoming becoming equal partner with R. G. Lam-' Lam-' jberton and S. H. Lamberton and the title was changed to the Lamberton Bank of Oil City, with R. G. Lamber- Lamber- ton president, S. H. Lamberton cash- cash- ,.ier and Charles M. Lamberton assist-" assist-" ant cashier. He was Inter elevated to the position of cashier, an office he . held for many years. In 1000 the bank - was re-organized re-organized re-organized and became the Lam-.f Lam-.f - berton National Bank of Oil City. On May 24 permission was obtained from the Comptroller of Currency for a mer-v mer-v mer-v ger with the Oil City National Bank, the old Oil City National Bank mov-? mov-? ing into the Lamberton block and the Institution took the name of the latter bank. R. (?. Lamberton was elected presl- presl- dent of the bank and C. M. Lamberton became one of its vice presidents. On -August -August 5, 1910, on the retirement of R G. Lamberton as president of the 4 institution C. M. Lamberton was elected elected to that position. The deceased was philanthropic to - a wide degree and at no time was this shown more than after the failure of ' the Citizens Banking Co. on July 11, 1810. Mr. Lamberton used his own personal means and influence to having the bank reorganized and re-opened re-opened re-opened so that not a depositor In the bank suffered suffered the loss of a cent through the failure. When it was reopened on De- De- cember 15, 1919, on a more solid foun-i foun-i datlon than ever before C. M. Lamber- Lamber- ' ton was mades Us president as well as president of the Oil City National Bank. . . . One of the outstanding characteristics characteristics of the deceased was his liberal dealing with his patrons and although one or tne wirvuBi "l - cause of his shrewdness he helped many a patron through financial difficulties difficulties when their only collateral was 'his trust In them. He was especially democratic and formed his friendships thp character instend of social po rtion and he was steadfast in these .lonrtshlns. retaining tne anmiraura and respect of all who came In contact contact with him. He was genial and charitable to a marked degree and was alwavs readr to support any project for ?fie betterment of the business or social life of the city. At the time of his death he was a director In the Oil City Chamber of Commerce, one of the organizers of the Venango Club, of which he was president at the time of his death, one of the charter members of the Ivy dub. of which he was president for many years, a momher of thp Wa-n.nS, Wa-n.nS, Wa-n.nS, Country CluKthe Oil City Boat dub, charter member of the Oil City Lodge of Elk, and member of the Ro-tarr Ro-tarr Ro-tarr Club. Mr. Lamberton was not married. married. He leave one brother, nenry W. lamberton. Franklin, a niece. Mrs. Jerome O. Smith, nephew. Gera L. Craft, both, of Wanu The funeral services will beheld at 2 o'clock (standard time Thursday afternoon at the home of the brother, Henry W. lamberton,. Franklin. SPECIAL SALE Ladiea Bungalow Apron, f 1-50 1-50 1-50 values, dark or light patterns, all aires, sale price ....S9e KELLER'S DEPT. STORE --CaCttr.Pa.' --CaCttr.Pa.' --CaCttr.Pa.'

Clipped from
  1. The News-Herald,
  2. 07 Jun 1921, Tue,
  3. Page 13

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  • Charles Mcgill Lamberton Obit 1921

    mhlamberton – 12 Nov 2013

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