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A History of the County of Westchester, Vol. I — Passage 36 (part 4)

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[Robert Bolton, Jr. (1848)] The academy was built with a capital stock of $7000, divided into shares of five dollars each, and taken up principally by the inhabitants of the village. The principal, Mr. Albert Wells, is a very worthy, intelligent teacher. The present number of pupils is about sixty. Board is furnished in the same building to scholars whose parents do not reside in the vilhige.a Near the entrance of the village stands the Westchester Bank. This institution was first established in Peekskill in 1833, with a capital of $200,000, and General Pierre van Cortlandt elected President. It is at present in a flourishing condition, and like the hills of Westchester, has so far stood firm and unmoved amid troublesome times. The stock has sold at almost as orreat an advance as ever the United States Bank stock did. The Westchester Bank declared its first dividend six months after its establishment. The bills contain a beautiful vignette represent-ing the capture of Andre by the three farmers of Westchester County; besides a neat engraving of the Hon. Pierre van Cort-landt. There is also a bust of this individual in the bank, presented by his son, Gen. Pierre van Cortlandt. The present board of directors consist of : Pierre van Cortlandt, Joseph H. Anderson, James B. Travis, Ebenezer Foster, Philip Clapp, Isaac Seymour, Frederick W. Requa, Jasper S. Odell, Samuel Brewster, Charles A. G. Depew, Aaron Vark, John Williams, James Bailey.