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Newton |
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| Samuel L. Newton, of the banking house of Fairman & Newton, Big Rapids, and whose portrait was placed in this work, was born at Hagersville, Ont., Aug. 6, 1861, and is a son of Luther G. and Mary J. (Waters) Newton. In 1865 his parents went to buffalo, N.Y., where his father associated with his uncle J.S.Newton, embarked in the lumber trade and carried on an extensive business under the style of J.S.& L.G.Newton. Mr. Newton was a pupil at the school in Buffalo from four years of age until the second removal of his family to Adams, Jefferson Co., N.Y., where he was again placed at school, and remained a student until he was 17 years old. In 1877 he began a course of study at Hungerford Collegiate Institute, where he remained four years. At the expiration of that period he came to Big Rapids and engaged as bookkeeper in the banking house of Ferdinand Fairman, his guardian. In October,1881, Mrs. Newton purchased an interest in the bank with Mr. Fairman, which in turn her son bought from her on reaching his majority (Aug. 6, 1882), becoming owner of half its business relations. In every respect he seems fitted for the honorable and important profession, which he has chosen, possessing all the essential characteristics requite to the calling. The house of Fairman & Newton ranks among the most solid and reliable of the banking institutions of Northern Michigan. Its affairs are conducted with sagacity and business acumen which secures of the confidence of the public and amplifies its financial relations. The Fairman & Newton block ranking among the most substantial buildings in Big Rapids, is owned by the firm whose name it bears. The building on Michigan avenue, occupied by the Michigan Cigar Co., is the private property of Mr. Newton. |