Friday, October 27, 2023
A 1936 Check from Marion Bank & Trust
Thursday, March 16, 2023
The Great Hartselle Bank Robbery of 1926
I've written about Hartselle in a previous post and covered a few of its historical highlights. Famed author William Bradford Huie was a native and is buried there. Other notable figures include John Sparkman, a U.S. congressman, senator and vice-presidential candidate in 1952, and Steve Woodward, who spent seven years as a Major League baseball pitcher.
Hartselle is also famous for an event that took place in the town on March 15, 1926--perhaps the most spectacular bank robbery in state history. Let's investigate.
Just after midnight on that Monday morning as many as eight men appeared in town and headed for the telephone exchange. There they cut three cables that tied Hartselle to the rest of the world via telephone and telegraph. Then they proceeded to the Bank of Hartselle. Along the way the gang kidnapped several locals who were awake at that hour and tied them up in the back of the bank. These men included J.B. Huie, the train station agent; Oscar Williams, who was waiting for a train; Les Williams, the police officer on duty, and Ernest Mittlwede, cashier of another bank heading home from a date.
The robbers used six sticks of dynamite to open the safe, and after four hours left town with more than $14,000 in cash, gold and silver. No one was ever arrested for the crime. In its article about the robbery, the Decatur Daily reported the presence of two "high-powered" cars in Hartselle on Saturday, one driven by a woman and the other containing two men. Around 6 a.m. Monday Birmingham police found an abandoned vehicle containing empty money bags and numerous checks. The car had been stolen Sunday night from a city resident.
Hartselle had a population of just over 2000 in 1926. Blogger Michele Jackson has written that authorities at the time in other small towns noted similarities between this robbery and one in Center, Alabama, on April 7 and another in Tennessee on April 10. Hartselle itself has kept memory of the crime alive; a reenactment took place in 2019. An historical marker can be seen at the end of this post; the building that housed the bank still stands and was a boutique called Bella Reese as of 2015.
The article below appeared in the Tuscaloosa News on March 15, 1926. A 2020 article by Jackson can be read here. See also an Associated Press story, "Shocking, unsolved 1926 bank robbery still provokes interest" that appeared in the Birmingham News on March 18, 2000.
According to the 1920 census via Ancestry.com, William Bradford Huie's father was John B. Huie. That census gives John's occupation as telephone operator for the railroad.
Source: Hartselle Enquirer
Friday, December 20, 2019
Exchange Bank Building in Five Points South Birmingham
After that trip down memory lane [I worked at UAB from 1983 through 2015] we headed to Makarios. I've seen that striking building directly across the street many times, but never really thought about it until this visit to the restaurant. As usual, the wonderful BhamWiki site has an entry for what is known as the Exchange Bank Building.
The Exchange Security Bank of Alabama was founded in 1928. The company opened this building in 1947; it was the first bank location in the state to have a drive-up window and a dedicated parking lot. In 1955 Exchange Bank had $200,000 in capitol, making it one of the smaller of the six city banks. William S. Edwards, Jr. was Chairman and President; H. G. Prickett was cashier. [Alabama Almanac and Book of Facts 1955-56, page 569]
On July 13, 1971, the bank merged with First National Banks in Huntsville and Montgomery to form First Alabama Bancshares. That company is now known as Regions Bank. At the time the merger creating Alabama's first multibank holding company was very controversial in the state, and followed a debate going on locally and around the country about banks branching beyond their county borders State law did not prevent creation of such a beast, however. Details of this major change can be found in Wayne C. Curtis' 2003 book, A Legacy of Distinguished Service: Reflections on Community Banking in Alabama in Three Centuries, pp. 171-181.
Thus this interesting little building played significant roles in state banking history.
Oh, that huge building under construction on the right in this photo? That's a 199-unit residential tower for UAB students. Completion is expected in the fall of 2020.
Be sure and check out Makarios if you get to Five Points and have never eaten there. You'll be glad you did.
Tuesday, January 30, 2018
SouthTrust Bank Calculator
South Trust Bank began life as the Birmingham Trust and Savings Company in December 1887. The bank's first building opened in 1902 and can be seen in the postcard below. A national charter was obtained in 1946, and the bank became the Birmingham Trust National Bank or BTNB. Branches began to appear in the late 1940's and 1950's. As the BhamWiki entry notes, "BTNB was the first financial institution in the nation to introduce what was termed at the time an 'automated central information system' in 1971."
After some regional acquisitions, the bank's holding company became South Trust Company in 1981. The bank and its branches were renamed South Trust Bank in 1982. The company began aggressive acquisitions in Florida, Georgia, Tennessee, the Carolinas and Texas. By 1990 South Trust was the largest bank in Alabama.
In 2004 the bank reached 712 branches and $53 billion in assets. Naturally bigger fish came calling, and the company was acquired by Wachovia on November 1 of that year. By October 2005 the South Trust name was gone from Birmingham and elsewhere in Alabama. In 2013 the name and trademarks were acquired by a Texas bank.