Search results
Guided by religious principles, George Dayton, president of the Bank of Worthington and founder of the Minnesota Loan and Investment Company, facilitated the commercial and cultural development of the community. His success and prominence allowed him to contribute meaningfully to the social, educational, and religious life of Worthington.
In 1883 he and his family moved to Worthington, Minnesota where he was able to build wealth in the growing economy. [4] He presided over the Bank of Worthington and founded the Minnesota Loan and Investment Company, advancing his social status and prosperity.
Aug 24, 2022 · Backed by eastern investors, the 26-year-old Dayton trekked to Worthington in 1883 to take control of the Worthington Bank. Days before he arrived, Dayton learned the banking business in a few nights’ coaching from George S. Price, later treasurer of the New York Central Railroad.
- The Globe
- dgnews@dglobe.com
Jul 10, 2024 · In an attempt to keep the bank afloat, Dayton was sent to Worthington to investigate with a pocket load of cash and ended up assuming 50% of the bank. As quoted in a document about The Dayton House, he “saw the potential for a good life in Worthington.”
- hmoural@dglobe.com
- Community Editor
The Historic Dayton House stands at 1311 Fourth Avenue as a visible representation of Worthington's early days and as a symbol of civic leadership and business success. It is unique both in the time of its grand appearance in a small prairie town in the late 1800s and in its ownership for well over a century.
Aug 19, 2014 · A hard-working and innovative businessman from his late teens, Dayton first traveled to the prairies of Worthington from Geneva, N.Y., at age 24 in an effort to protect the financial interests of Eastern land investors and to assume ownership of the Bank of Worthington.
People also ask
Who was George Dayton?
Who founded the Bank of Worthington?
Where did the Dayton Family Live?
Who was George Nelson Dayton?
In 1883 he and his family moved to Worthington, Minnesota, where he was able to build wealth in the growing economy. He presided over the Bank of Worthington and founded the Minnesota Loan and Investment Company, advancing his social status and prosperity.
