FIRST NATIONAL BANK
The hazards of living and working in the Michigan logging business, even for a white-collared owner and banker, are made clear by this story from the Fulton, Michigan Patriot. First National Bank President William Smith came to a rather gruesome end in 1889:
Fulton Patriot, Sep 26, 1889
Bank President Killed
Charlotte, Mich., Sept 25 - President William Smith of the First National Bank of this city, was killed at Wolverine by being thrown from a log carrier against a moving saw. Mr. Smith held vast lumber interests in Cheboygan county and went to that point to make general arrangements for the transfer of the property to a Chicago man, who was with Mr. Smith at the time of the accident. Besides controlling the stock of the First National bank he was rated as one of the richest men in the county.