P. T. Barnum：Struggles and Triumphs, Additional Excerpt 391

In the spring of 1851 the Connecticut Legislature chartered the Pequonnock Bank of Bridgeport, with a capital of two hundred thousand dollars. I had no interest whatever in the charter, and did not even know that an application was to be made for it. More banking capital was needed in Bridgeport in consequence of the great increase of trade and manufactures in that growing and prosperous city, and this fact appearing in evidence, the charter was granted as a public benefit. The stock-books were opened under the direction of State Commissioners, according to the laws of the Commonwealth, and nearly double the amount of capital was subscribed on the first day. The stock was distributed by the Commissioners among several hundred applicants. Circumstances unexpectedly occurred which induced me to accept the presidency of the bank, in compliance with the unanimous vote of its directors. Feeling that I could not, from my many avocations, devote the requisite personal attention to the duties of the office, C. B. Hubbell, Esq., then Mayor of Bridgeport, was at my request appointed Vice-President of the institution.

Source： https://www.gutenberg.org/ebooks/50115
Locator：Additional excerpt 391 · Verified：2026-10-19 · Verification：Short excerpt

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