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“Bite-Size Bits of Local, National, and Global History”
Madison in Morgan County, Georgia — The American South (South Atlantic)
 

Banking Institutions

 
 
Banking Institutions Marker image. Click for full size.
By David Seibert, June 13, 2011
1. Banking Institutions Marker
Inscription. Prior to the development of the modern financial institutions, many enterprises and ventures were funded through the sale of subscriptions or shares (e.g. railroad, newspapers). Bank startups also followed this pattern and, by 1870, Madison had at least two local banks -- both on Main Street.

The 1890s signaled growth in terms of state-chartered banking institutions: Bank of Madison (1888), Jefferson Street Bank in (1891-1908), and Bank of Morgan County (1899-1922). By 1895, banking had moved to Washington Street, where two institutions occupied existing commercial buildings and extensively remodeled to create new downtown landmarks.

Banks of this era were not typical red brick storefronts, instead they used architecture to imply their institutions were prosperous, stable, and enduring (i.e., high grade materials and classical elements). Bank of Morgan County (c. 1908) used Classical Revival (ceramic brick, columns, and portico); whereas, Bank of Madison (c. 1919) used Renaissance Revival (yellow brick, terra cotta tiles, brackets) to define itself.
 
Erected 2011 by City of Madison, Madison BiCentennial Commission 1809-2009.
 
Location. 33° 35.717′ N, 83° 28.05′ W. Marker is in Madison
Banking Institutions Marker image. Click for full size.
By David Seibert, June 13, 2011
2. Banking Institutions Marker
, Georgia, in Morgan County. Marker is on East Washington Street 0 miles east of South Main Street (U.S. 129), on the right when traveling east. Click for map. Marker is at or near this postal address: 120 East Washington Street, Madison GA 30650, United States of America.
 
Other nearby markers. At least 8 other markers are within walking distance of this marker. The Town Square (within shouting distance of this marker); Madison (within shouting distance of this marker); Oliver Hardy, Genius of Comedy (within shouting distance of this marker); Civic Advancement (about 300 feet away, measured in a direct line); William Tappan Thompson (about 300 feet away); In Memory of the Boys from Morgan County, Georgia (about 300 feet away); Morgan County (about 400 feet away); Lodging Establishments (about 400 feet away). Click for a list of all markers in Madison.
 
Categories. Industry & Commerce
 
Banking Institutions Marker image. Click for full size.
By David Seibert, June 13, 2011
3. Banking Institutions Marker
The marker (left) stands at the former Bank of Morgan County, now the Madison Town Hall.
 
 
Credits. This page originally submitted on , by David Seibert of Sandy Springs, Georgia. This page has been viewed 289 times since then and 3 times this year. Photos:   1, 2, 3. submitted on , by David Seibert of Sandy Springs, Georgia. • Craig Swain was the editor who published this page. This page was last revised on June 16, 2016.
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