Commercial National Bank Records, 1874-1948
Scope and Contents
The Commercial National Bank was chartered on February 18, 1874. The bank merged with the American Commercial Bank on November 29, 1958. Two years later in the summer of 1960, this bank merged with the Security National Bank of Greensboro under the name of North Carolina National Bank. Since that time it has undergone two name changes, and is now know as the Bank of America, which is one of the largest banking institutions in the United States.
This collection contains documents associated with the establishment of the Commercial National Bank in Charlotte, NC. Examples include organization and Board of Directors certificates, business reports, by-laws, and other documents pertaining to the bank’s operation. Materials dated 1874-1948.
Dates
- 1874 - 1948
Conditions Governing Access
This collection is open to the public without restriction. The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material.
Conditions Governing Use
Permission to duplicate or publish material for any collection belonging to the Robinson-Spangler Carolina Room must be obtained by Library staff.
Biographical / Historical
The Commercial National Bank was chartered on February 18, 1874. Shareholders included two prominent textile owners from Alamance County, Edwin M. Holt and his son Lawrence Banks Holt. Other shareholders were William Johnston, who later became the Director of the Bank; Robert M. White, owner of White & Sims; Clement Dowd, a leading attorney who served as the banks first president; William J. Black, superintendent with WH Crimminger’s company; John L. Morehead, bank director; Robert Miller, of R.M. Miller & Sons and Joseph McLaughlin a retail grocer and cotton buyer.
Its location on the 200 block of South Tryon Street is where the Confederate president, Jefferson Davis, stayed from April 18 to the 25th. Davis actually learned of President Abraham Lincoln's assassination during his stay.
This bank merged with the American Commercial Bank on November 29, 1958. Two years later in the summer of 1960, the bank merged with the Security National Bank of Greensboro under the name of North Carolina National Bank. Since that time it has undergone two name changes, and is now know as the Bank of America, which is the second largest banking institution in the United States.
Extent
0.5 Linear Feet (1 document box, legal, full size)
0.5 Cubic Feet (1 document box, legal, full size)
Language of Materials
English
Abstract
The Commercial National Bank Records, 1874-1939 contains documents associated with the establishment of the Commercial National Bank in Charlotte, NC. Examples of materials include shareholder and Board of Directors certificates, condition reports, loan documentation, business reports, correspondence, meeting minutes, by-laws, and other documents pertaining to the bank’s operation. Materials dated 1874-1948.
Arrangement
This is a 1 box collection without any series.
Immediate Source of Acquisition
This collection was donated to the Robinson-Spangler Carolina Room by Mary Boyer in May 1981.
Condition Description
Materials are in good condition.
Processing Information
The processing, arrangement, and description of this collection was completed by Shelia Bumgarner in 2007.
- Bank of America
- Banks and banking Subject Source: Library of Congress Subject Headings
- Business Subject Source: Local sources
- Correspondence Subject Source: Library of Congress Subject Headings
- Title
- Commercial National Bank Records, 1874-1948
- Status
- Completed
- Author
- Shelia Bumgarner (2007) and Sydney Carroll (2019)
- Date
- 2019
- Language of description
- English
- Script of description
- Latin
- Edition statement
- Sydney Carroll re-processed the collection in December 2019.
Repository Details
Part of the Robinson-Spangler Carolina Room, Charlotte Mecklenburg Library Repository
Charlotte Mecklenburg Library-Main
310 N. Tryon Street
Charlotte NC 28202 USA
carolinaroom@cmlibrary.org