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Special Home > Guide to the Salmon Falls Bank Account Books, 1851-1929

Guide to the Salmon Falls Bank Account Books, 1851-1929

Collection number: MC 192

Size: 4 boxes
(1.33 cu.ft.)

About William H. Morton and the Salmon Falls Bank

The Salmon Falls Bank of Rollinsford, New Hampshire was incorporated on July 3, 1851
with capital of $50,000. Mason & Lawrence Company of Boston, who had recently
acquired the Salmon Falls Manufacturing Company, directly influenced the bank’s
incorporation. They built housing and sponsored business in the area in order to
draw workers to the Salmon Falls Mills. On September 15, 1851 William H. Morton was
selected as the cashier for Salmon Falls Bank, a position he held until his death on
June 4, 1903. After Morton’s death in 1903, John Q. A. Wentworth became cashier and
served the Salmon Falls Bank until his death on January 30, 1929. In June 1964 the
bank merged with the Somersworth Bank and became the Somersworth-Rollinsford Savings
Bank.

William H. Morton was born on February 14, 1814 in Portsmouth, New Hampshire to
William and Sarah (Griffith) Morton. In 1823 the Mortons moved to Somersworth (now
Rollinsford), New Hampshire. William Morton, Sr. was a carpenter who built and
serviced several of the mills at Salmon Falls. At the age of 16 William H. Morton
was hired by the Salmon Falls Manufacturing Company to sort wool. He worked there
for 4 years. In 1834, after the mill had burned down, he moved to Grafton,
Massachusetts where he worked two years in another woolen mill. Then, in 1836, he
and a partner opened a general store. In 1841 Morton married Sarah Putnam Merriam of
Grafton and a daughter, Georgietta, was born in 1844. Morton moved the store from
Grafton to Blackstone, Massachusetts in 1842 before returning to Salmon Falls in
1845 where he ran the general store business from his new house. Tragedy struck the
family when Sarah died in 1849. After being appointed cashier of the Salmon Falls
Bank in 1851, William abandoned his general store business to devote his full
attention to the bank.

Morton was very active in politics. He served as a selectman of Somersworth for two
years before the incorporation of Rollinsford and then as a selectman of Rollinsford
from July 3, 1849-March 1, 1852. He also served as Rollinsford town clerk from
1849-1898, town treasurer from 1849 to February 1901 and as a Justice of the Peace.
William H. Morton was elected to the New Hampshire Senate and served for two years
as the Chairman of the Legislative Committee on Banking. Morton Park, a Civil War
memorial, in Rollinsford, New Hampshire, was built with funds from his estate in
1909.

About the Salmon Falls Bank Account Books

The collection consists of eight account books pertaining to the Salmon Falls Bank in
Rollinsford, New Hampshire. Included in the collection is William H. Morton’s
personal cash book (1852-1865). Morton recorded Rollinsford Town treasury
information in this book as well as his own personal income and expenditures. At one
time the pages that contained the town treasury information were glued together.
Also found in this book were nineteen pieces of paper: blotters, adding tables,
bills and a letter. William H. Morton, as cashier of the Salmon Falls Bank, kept six
of the other books in this collection, which were vital to the operation of the
Salmon Falls Bank: a discount book (October 16, 1851), two note books (1851-1864 and
1864-1894), two cash books (1868-1871 and 1881-1888), and a waste book (1875-1881).
The eighth book, a deposit book (1903-1929), was kept by John Q. A. Wentworth for
the Rollinsford Savings Bank. Found in this book were 45 pieces of correspondence
and other miscellaneous items dating from 1926 to 1929.


Administrative Information

Access Restrictions

This collection is open.

Copyright Notice

Contents of this collection are governed by U.S. copyright law. For questions
about publication or reproduction rights, contact Special Collections staff.

Preferred Citation

[Identification of item], Salmon Falls Bank Account Books, 1851-1929, MC 192, Milne
Special Collections and Archives, University of New Hampshire Library, Durham,
NH, USA.

Acquisitions Information

Purchase: Carmen Valentino, November 14, 2005 (Accession number: 2005-15)


Collection Contents


Series I: Account Books, 1851-1929

(4 boxes)

Box 1
Box 1, Item 1 October 16, 1851 – November 1,
1898. “Notes Discounted,” Salmon Falls Bank

This account book records the very beginnings of the Salmon Falls bank.
Early transactions involve relatively small amounts. However, on October
29, 1852, Samuel Lawrence, treasurer of the Bay State Mills, deposited a
5-month $10,000 note and the next day Morton began heading his pages
“Salmon Falls Bank”. Each entry records the date, name, investment, and
dividends. Please wear gloves when using this book.

Box 1, Item 2 December 1851 – August
1864. “Notes Discounted,” Salmon Falls Bank

This account book follows the due dates of the notes recorded in “Notes
Discounted” above. Entries include the Town of Rollinsford, Somersworth
Machine Company, Somersworth Savings Bank, Salmon Falls Manufacturing
Company, Bay State Mills, and Great Falls Manufacturing Company.

Box 2
Box 2, Item 1 April 1, 1852 – July 11,
1865. “Cash Book,” William H. Morton

In this account book William H. Morton details his personal income and
expenses. His income includes his salary as bank cashier and the fees he
collects as town clerk and treasurer. Household expenditures include
food items (“oranges,” “cider,” “eggs,” “Thompson for beef and tongue,”
“Ice cream and Berries”), services (“housekeeper,” “repairing gold pen,”
“Boys for bailing water”), church ( “pew rental, ” “church
subscription,” “Methodist subscription”), entertainment (” Uncle Tom’s
Cabin Play,” “panorama,” “exhibition and concert,” “library
subscription”), charity (“Indian,” “charity to freeman,” “man without
hands”), and his family (“2 kites,” “wife,” “Etta music lesson,” “toys,”
“candy,” “Seamen Society for daughter”). Also included in this account
book are ledgers regarding Rollinsford Town treasury. Town tax
collection is recorded in detail as well as town expenditures. Civil War
bounties and state aid are clearly recorded in some of the last pages.
The nineteen paper items found in this book are located in Box 4, Folder 1.

Box 2, Item 2 September 1864 – May 1894.
“Notes Book,” Salmon Falls Bank

This account book also follows the due dates of the notes recorded in the
“Notes Discounted” account book. Note holders include Bay City Bonds,
the Town of Somersworth, and Sedalia Planing Mill. The last pages of the
account book detail bonds and notes held by the bank on May 1, 1895 with
corresponding values. Examples of bonds include Burlington Electric
Railroad, Denver Consolidated Electric, and Bay City 8% Water Bonds.

Box 3
Box 3, Item 1 May 11, 1868 – April 15,
1871. “Cash Journal,” Salmon Falls Bank

Records the daily cash flow of the bank. The left page details cash
coming in and the right page details cash going out. Cash coming in
reflects cash deposits from customers and affiliated banks. Cash going
out reflects expenses, dividends, and bond coupons.

Box 3, Item 2 January 3, 1875 – May 7,
1881. “Waste Book,” Salmon Falls Bank

Waste books were used by bankers to track daily bank transactions. At the
end of the day this information would be organized into a different set
of books. For a waste book this account ledger is remarkably organized.
Each set of pages represents the business of the bank for one week and
at the end of the week debits and credits would be tabulated. Each debit
and credit expenditure is entered under a category. These categories
include: cash, deposits, Eliot National Bank, bills receivable, and
interest. (Please wear gloves when using this
book
.)

Box 4
Box 4, Item 1 May 16, 1881 – October 24,
1888. “Cash,” Salmon Falls Bank

Records the daily cash flow of the bank. Like the “Cash Journal” above
this book details bank debits on the left and bank credits on the right.
Bonds are recorded in detail, as well as customer transactions and bank
expenditures. These records also detail some Rollinsford Town
transactions.

Box 4, Item 2 May 10, 1904 – December 31,
1929. “Deposit Book,” Rollinsford Savings Bank.

This book was kept by John Q. A. Wentworth. Records account deposits.
Each entry includes the date, account number, name, amount deposited and
sometimes includes accrued interest. The forty-nine paper items found in
this book are in Box 4, f. 2-4.


Series II: Letters and Miscellaneous, 1851-1929

(1 box)


Subseries A: William H. Morton

Box 4, Folder 1 Loose Pages, 1850-1860:

Bill from Atwood and Bingham of Georgetown, Massachusetts. September
11, 1850.

Bill from Atwood and Bingham of Georgetown, Massachusetts. June 21,
1851.

Written note regarding payments. November 1856 – March 1857.

Categorized expenses for the year 1860.

Categorized expenses for the year 1861 with notes on 1860.

Categorized expenses for the year 1863.

Notes on copy of death certificate. April 16, 1864.

Letter. From Rollinsford Selectmen to W. H. Morton, Town Treasurer.
Details tax collection procedures. May 20, 1864.

Categorized expenses for the year 1864.

State of New Hampshire Certificate of Marriage, blank. Undated.

Written note regarding Mrs. Lodge of Lansing, Iowa. Undated.

Categorized expenses for the year undated.

Seven scraps of paper.


Subseries B: John Q. A. Wentworth

Box 4, Folder 2 Loose Pages, 1926:

Note from Hannah A. Nowell, North Berwick, Maine, regarding deposit.
January 2, 1926.

Note from Louise J. Haine, North Berwick, Maine, regarding account
interest. January 4, 1926.

Note from A. T. June, Somersworth, New Hampshire, regarding deposit
and account interest. January 5, 1926.

Note from Olivia A. Estabrook, Berwick, Maine, regarding deposit.
January 6, 1926.

Note from Mrs. Charles H. Joy, Lakewood, Ohio, regarding account
interest. January 11, 1926.

Note from Martha A. Kelley, Dover, New Hampshire, regarding account
interest. January 13, 1926.

Rough Draft of letter from John Q. A. Wentworth to Everett Stackpole,
Stoneham, Massachusetts. January 1926.

Note from Everett Stackpole, Stoneham, Massachusetts regarding
passbook. January 13, 1926.

Deposit slip. Louis Guyise. August 21, 1926.

Note from Susan E. Brown, Sanbornville, New Hampshire, regarding
deposit to account of Lillian May West. November 6, 1926.

Box 4, Folder 3 Loose Pages, 1927:

Note from Martha A. Kelley, Dover, New Hampshire, regarding account
dividends. January 5, 1927.

Note from Florence Kelley, Dover, New Hampshire, regarding account
dividends. January 5, 1927.

Note from Olivia A. Estabrook, Berwick, Maine, regarding deposit and
account interest. January 6, 1927.

Note from Sarah A. Rollins, Somersworth, New Hampshire, regarding
interest for the account of Darcus L. Towle. February 10, 1927.

Note from Teresa Harrity, Berwick, Maine, regarding account interest.
February 16, 1927.

Note from Rose T. Cheney, Somersworth, New Hampshire, regarding
account interest. February 17, 1927.

Note from Rosana Towle, Somersworth, New Hampshire, regarding account
interest. February 17, 1927.

Deposit slip. Estate of John Censor. April 13, 1927.

Note from Anna H. Heikis, Alburn, Maine, regarding account interest.
July 4, 1927.

Note from Guy Smart, Rochester, New Hampshire, regarding interest on
the estate of Charles L. Estes. July 5, 1927.

Note from Ora Ham, Somersworth, New Hampshire, regarding deposit.
November 30, 1927.

Note from Clara W. S. Sanderson, Charlotte, Vermont, regarding
deposit. December 3, 1927.

Note from Olivia A. Estabrook, Berwick, Maine, regarding deposit.
December 12. 1927.

Box 4, Folder 4 Loose Pages, 1928-1929:

Note from Florence S. Wentworth, South Berwick, Maine, regarding
account interest. January 1, 1928.

Note from Martha A. Kelley, Dover, New Hampshire, regarding account
interest. January 11, 1928.

Note from Ethel F. Abbott, Everett, Massachusetts, regarding deposit.
March 13, 1928.

Note from E. E. Bickford, Shapleigh, Maine, inquiry into bank
services. March 22, 1928.

Note from Maryanna Eastman, Exeter, New Hampshire, regarding account
dividends. March 30, 1928.

Damaged deposit slip. E. A. Stevens. April 4, 1928.

Note from Olivia A. Estabrook, Berwick, Maine, regarding deposit.
June 18, 1928.

Deposit slip. Charles Stuart Chase, Haverhill, Massachusetts.
December 10, 1928.

Deposit slip. Charles Stuart Chase, Haverhill, Massachusetts. March
14, 1929. Note from Olive A. Estabrook, Berwick, Maine, regarding
deposit. December 2, 1929.

Deposit Slip. Elbert Shurthuff. December 6, 1929.

Note from Olive D. Couture, Sanford, Massachusetts, notice of
withdrawal. December 16, 1929.

Christmas Club. December 1929.

Deposit Slip. Blank with adding tables.

Green paper with adding tables.

Scrap paper on offering sheet for Municipal and New York City
Bonds.

Scrap paper. Adding tables.