Biographies
History of Youngstown & The Mahoning Valley, Ohio
Vols. 1 & 2
By Jos. G. Butler, Jr. -Publ. American Historical Society -
Chicago & New York
1921
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Transcribed by Sharon Wick
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A. E. Adams |
ASAEL
E. ADAMS, president of the first National and Dollar Banks of
Youngstown, director in many industrial concerns, and among the most
active and influential figures in the business life of the Mahoning
Valley, is descended from the pioneers of this country. He was
born at Cleveland, Ohio, Oct. 25, 1867, his father being Comfort
A. Adams and his mother Catharine (Peticolos) Adams.
The father was born in Connecticut of pure Yankee stock dating back
to the first Colonial governor and a collateral relative of John
Quincy Adams. The mother was of French Huguenot stock.
They came to the Western Reserve early in life and resided at Warren
for a time, Comfort A. Adams having been during his residence
there one of the early editors of the Western Reserve Chronicle.
After the Civil war the family removed to Cleveland, where the
father was engaged in manufacturing until his death.
Asael E. Adams supplemented studies in the
common schools of Cleveland by a course in mechanical engineering at
the Case School of Applied Science. His first active work was
as a draftsman, and in 1893 he came to Youngstown in the capacity of
secretary of the Mahoning Abstract Company. His work in that
capacity led to his being elected secretary of the Dollar Savings &
Trust Company when the latter was organized in 1895. In 1898
he was elected treasurer of that institution, serving as secretary
at the same time. In 1902 he was chosen president of the
Dollar Savings & Trust Company, Five yeas later Mr. Adams was
elected president of the First National Bank, and he has filled the
dual position of president of these two great institutions since
that time.
Although disinclined to admit its possession, Asael
E. Adams has demonstrated a degree of financial ability and
foresight quite unusual. He is a deep student of economic and
financial questions, and his advice is much sought upon such
subjects. Few men are so well and widely informed along these
lines, and few men are at the same time so thoroughly conversant
with other domains of thought and action. AS might be
expected, Mr. Adams has been and is a leader in the
industrial activity of his city, as well as in all movements looking
toward its betterment from a physical, social or business point of
view. He is a director in the Youngstown Foundry & Machine
Company the Electric Alloy Steel Company, the Federal Holding
Company, and many other Youngstown concerns. He is a member of
the Ohio & Pennsylvania Canal Commission, one of the executive
committee of the Mahoning War Chest Council, and actively interested
in almost every public movement in the City of Youngstown. He
is a republican and attends the First Unitarian Church, is a member
of the Youngstown Club, the Youngstown Country Club, and the Elks
Club of Youngstown, also of the Union Club and the Mayfield Country
Club of Cleveland.
Mr. Adams was married in 1896 to Anna Julia
Shook, of Youngstown, and they have two children, Comfort
Avery and Asael Edward, Jr.
Source: History of Youngstown & The Mahoning Valley,
Ohio - Vol. II - Publ. American Historical Society - Chicago & New
York - 1921 - Page 1 |
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MYRON I. ARMS Source: History
of Youngstown & The Mahoning Valley, Ohio - Vol. II - Publ. American
Historical Society - Chicago & New York - 1921 - Page 1 |
| |
WILFORD P. ARMS Source:
History of Youngstown & The Mahoning Valley, Ohio - Vol. II - Publ.
American Historical Society - Chicago & New York - 1921 - Page 2 |
NOTES:
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