The
Farmers and Mechanics National Bank of Mercer
has been in existence since May, 1875, when it was chartered. B.
Magoffin was president and active director of this important
institution from the time it opened for business until recently. Levi
Morrison was also identified with this bank for a number of years
as vice president. Its capital stock has always remained $80,000, and
its deposits are over a quarter of a million.
Twentieth
Century History of Mercer County,
1909, page 229
