WHINERY, Henry M. (1851-1924)

WHINERY

Posted By: Karon Velau (email)
Date: 5/30/2021 at 21:02:50

Henry Moon Whinery
(June 7, 1851 – December 25, 1924)

H. M. Whinery—When the First National Bank of Ida Grove was organized, August 15, 1888, as a National Bank, it was the successor to the Ida County Bank, which was established by Mr. Noah Williams. In 1888, the National Bank was organized with the following officers: H. M. Whinery, as president; Alexander McHugh, as vice-president; M. Donaldson, as cashier; Edwin Coles, as assistant cashier; with the following directors: E. M. Donaldson, Joseph L. Hosmer, G. H. Stearns, F. C. Knepper, Alexander McHugh, A. L. Wilkinson, Andrew J. Santee, William M. Wilcox, William Pilcher, S. S. Dilenbeck and George L. Williams. Since July, 1890. the board has been changed as follows: E. M. Donaldson is president, William Pilcher is vice-president, H. M. Whinery is cashier and A. C. Johnson assistant cashier, and the cash capital is $150,000. The following was the business statement at the close of business June 30, 1892: Resources—Loans and discounts, $212,419.88; overdrafts, $129.72; United States bonds to secure circulation, $37,500; banking house, $20,000; real estate, furniture, etc., $15,141.09; cash and exchange, $58,872.14; redemption fund with United States loans, $1,687.50; total $240,750.33. Liabilities—Capital stock paid in, $150,000; surplus and profits, $15,303.35; deposits, $142,196.98; circulation, $33,250; total, $340,750.33 In 1888 this institution erected a fine building composed of Cleveland sandstone, 100 x 23, with two stories and a basement, the latter being now occupied by the Ida Watch, and the upper floor is divided into office rooms. This fine building was erected at a cost of $20,000, but in 1892 a still finer building was erected o f Vermont sandstone by the Ida Grove Building Company through the directors of the bank, which will be used for the business. The Ida Grove Building Company was incorporated in 1892, with the following officers: A board of six directors, to be elected annually, on the first Tuesday in May, also a president, vice-president, secretary, treasurer and superintendent of buildings, the latter to be chosen by the board. The highest amount of indebtedness which the corporation is allowed at any time is two-thirds of the capital stock paid in. The private property of the incorporators and stockholders is exempt from the corporate debts. The names of the present officers are: E. M. Donaldson, president; H. M. Whinery, secretary and treasurer; L. K. Page, superintendent; and the director are the following prominent men: William M. Wilcox, L. K. Page, William Pilcher, E. M. Donaldson, H. M. Whinery and F. D. Babcock.
H. M. Whinery, the cashier of the First National Bank of Ida Grove, was a native of Clinton County, Ohio, having been born June 7, 1851, in the city of Wilmington. He was the son of James and Mary (Moon) Whinery, natives of Ohio, who came from Irish parentage, but who had been born of American residents. The religious faith of the family was that of the Quakers or Society of Friends. Our subject was brought up in his native State and was educated in the public schools, finishing with a course at Richmond, Indiana. He was reared to farm life and in the fall of 1880 he went into the mercantile business at Waukee, Dallas county, Iowa, remaining at that point for two years, and then he came to Ida county, and here engaged in the grocery business until 1888, when he was employed at his present position. His life offers a good example of what a man can make of himself by the exercise of the proper amount of energy and application. He was but sixteen years of age when he left his Ohio home for Richmond, Indiana, where he spent five years and then went into Marshall county, Iowa, where he remained for three years.
The marriage of our subject took place in Marshall County, Iowa, October 22, 1874, to Miss Elda M. Kinzer, a native of Indiana, who moved into Marshall county when but two years of age, a daughter of John and Amy (George) Kinzer. After marriage our subject took his bride into Dallas county and there they resided until coming to Ida Grove. They are the parents of four children: Fred J., aged sixteen; James R., aged fourteen; Pauline, aged eleven, and Cuma, aged seven. The family attends the Friends’ meeting in Ida Grove, they being the first members, and in it Mr. Whinery is one of the Trustees and Superintendent of the Sunday-school. Politically, he is a Republican, and also a member of A. F. & A. M., Kane Lodge, No. 377, of the chapter at Sac City, Commandery, El Kair, of Cedar Rapids, Iowa, and is one of the most prominent men of the thriving little city.
Source: Biographical History of Crawford, Ida, and Sac Counties, Iowa, 1893, p.534