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This Association was incorporated December 22, 1873. Commenced business February 8, 1874, with a cash capital of $10,000.
Andrew E. Young was the first business manager.
Officers first year, H. W. Bailey, President; W. L. McCroskey, Secretary; Henry Walters, treasurer.
Second year, Henry Britcher, President; W. L. McCroskey, Secretary; M. Shaffer, Treasurer.
Third year, Henry Britcher, President; W. L. McCroskey, Secretary; M. Shaffer, Treasurer.
Fourth year, Henry Britcher, President; W. L. McCroskey, Secretary; M. Shaffer, Treasurer.
Fifth year, Henry Britcher, President; W. L. McCroskey, Secretary; H. Walters, Treasurer.
The Managers have been—first year, A. E. Young; second year, W. A. Young; third year, Samuel Wampler; fourth year, Samuel Wampler; fifth year, H. W. Bailey.
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The Executive Committee have been—first year, John Shultz, James Neiman, L. L. Sweet; second year, John Shultz, J. B. Ross, L. L. Sweet; third year, John Shultz, H. W. Bailey, L. L. Sweet; fourth year, James Newcom, H. W. Bailey, S. Monk; fifth year, James Neiman, J. S. Snyder, Ed. Reeve.
The association do a general mercantile business, carry a full line of dry goods, groceries, hardware, crockery, etc. The sales for the several years have been as follows; first year, $10,000; second year $25,000; third year, $40,000; fourth year, $45,000; with every indication that, with the succeeding years, the amount will be exceeded. The association occupy one of the best locations in Tipton, on the north side of the court square. They own the lot and building and are well patronized by the citizens of town and country.