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1897–1963 · THE BUSINESS RECORD, LIFTED TO PEOPLE SIZE
The business founders who built this town's second anchor house stood in Businesses at full size and in People not at all; here is their profile, at People size. The Brummitt brothers built two institutions out of one building: a hardware house, and inside it a bank. Their private bank was established in the spring of 1897 in the hardware building, A. R. Brummitt cashier, and ran until 1900, when it was incorporated as the First National Bank of New Carlisle — the town's only chartered institution, ever; in the 1916 directory it stands at a capital of $25,000, W. Hubbard president, A. R. Brummitt cashier. In 1903 the hardware firm took corporate form as the Brummitt Mercantile Company, Mark L. Brummitt president and treasurer, handling "coal, lumber, grain, farm implements" and more — hardware grown to a general trade, the town's second anchor house beside the Service store. The bank outlasted the house's own record: it survived the Depression licensed and was absorbed by a South Bend bank in December 1963, its office continuing as a branch, and the town has banked through other cities' institutions since — today through 1st Source Bank at 848 West Michigan Street. The business founders' home in People is this profile and the Services and Garoutte the people leg already carries whole; the cross-carry is now complete at the strength the record allows.
Sources:
- Businesses and Banks — the Brummitt chain whole: the 1897 private bank, the 1900 charter, the 1903 mercantile incorporation, the 1916 directory figures, the December 1963 absorption.
- Notable People — the Service and Garoutte profiles already at People size, cross-referenced here.
- this history (this section) — GAP-NC3-BIZ-1 and the elevator's founder gap, carried as the article's residue.