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Establishing a Historical Landmark - 911 South Michigan
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Establishing a Historical Landmark - 911 South Michigan
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Last modified
9/12/2012 8:44:49 AM
Creation date
4/7/2009 3:22:46 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
1/24/2000
Ord-Res Number
9079-00
Bill Number
1-00
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911 South Michigan <br />Historical Context <br />This property is located on the west side of South Michigan Street between West <br />Garst and West Sample Streets, in South Bend, Indiana. It is described as being <br />lot 2 and 3 of South Bend City Addition, of South Bend. <br />This two story stone bank building was built in 1919 and 1924 by the South <br />Bend State Bank who purchased the land from Joseph Williams in 1919. <br />The South Bend State Bank was organized in 1919 by its president, Dick <br />Johnson, vice president, F.W. Van Antwerp and numerous other officers. It <br />officially opened for business in January of 1920 for the purpose of serving the <br />south side's growing business section, including the large number of Studebaker <br />employees. Upon opening, the bank had a capitalization of $50,000 and <br />occupied a small floor space on its present site. Within four years the bank's <br />depositors had grown to such numbers that larger quarters became necessary. <br />To solve the need for more space the bank expanded the original building by <br />adding additions to both its left and right sides in 1924. By the banks 10th <br />birthday it showed undivided profits of $90,000.00 and total resources of nearly <br />$2,000,000.00. The bank continued to provide various services to the south <br />side of South Bend until 1931 when it closed its doors and turned over all <br />accounts and assets to the Union Trust Company as trustee. The Union Trust <br />continued to retain these assets until 1938 when it faltered causing the State <br />Department of Financial Institutions to step in and turn all accounts over to the <br />First National Bank and Trust. First National Bank continued to own and rent <br />this structure out until 1981 when it was sold to Leo and Mary Sparkia, owners <br />of Sparkia Projects, Inc. Mr. and Mrs. Sparkia also used the structure as a <br />rental, until 1999 when they sold it to the current owners, Jack Hartsell and E.R. <br />Hopson. <br />1 <br />
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