Buckeye S&L
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HUNTINGTON — In 1907, a small man with
a gray, cropped mustache,
wearing glasses and carrying a black bag, entered
a lawyer’s office in Huntington.
The man was John Parks, then the president of the
Buckeye Savings &
Loan Association of Bellaire, Ohio, who said he was interested
in opening a branch office in Huntington and would need
an attorney to represent his company.
The two men arrived at an understanding and Colonel
George S.
Wallace would go on to be the company’s Huntington legal
counsel for more than 50 years. During that 50 years,
the Buckeye S&L loaned an estimated $30 million
to help Huntingtonians build, remodel or
purchase their homes.
Parks said Buckeye’s mortgage loans were offered at
6%
and he authorized Wallace to offer a free suit of clothes
to any man who could show that the firm had made
a loan at any higher interest rate,
but no one ever did.
In 1924, the noted Huntington architectural firm of
Meanor and Handloser designed a handsome
three-story building for the Buckeye
S&L at 522 9th St.
When the Buckeye firm moved out of the 9th Street
building,
the Huntington Chamber of Commerce, with Don Baker as
executive vice president and Jane Aldridge as office
manager, moved in. (The Chamber would later
move twice, first to the former Huntington
Water Co. office on 4th Avenue and then
to the River Tower on 3rd Avenue,
where it’s now located.)
Later, the former S&L building would house an
A.G. Edwards brokerage office and still later
the Duffield, Lovejoy, Stemple & Boggs
law firm until it built a new building
on 16th Street Road.
The building is currently vacant.
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Note: This Article and picture appeared in the Herald-Dispatch Newspaper on July 28, 2020.
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