Page 16 - The History of Watertown Savings Bank_Neat
P. 16

Early Influencers of WSB History












                                                           An early supporter of Watertown Savings Bank  Mr. Keep knew and trusted Roswell Flower to
                                                         was Roswell P. Flower, who served as governor of  look after his family’s interests. Managing the
                                                         New York State from 1892 to 1894. Mr. Flower    Keep’s estate required Mr. Flower to relocate to
                                                         started his rise to New York State Governor     New York City, where he later became a financial
         Roswell P. Flower                               from humble beginnings. His father died when    administrator and opened a successful banking
         Early Trustee of                                Roswell was 8 years old, forcing him to work to   investment firm, called R.P. Flower & Co.
                                                         help support the family, and attend school when
                                                                                                           Mr. Flower served in the United States House
         Watertown Savings Bank                          he could find the time.                         of Representatives before becoming New York

                                                           The Watertown native joined the WSB board of   State Governor.
                                                         trustees a few years after the bank opened, and upon   The savings passbook that belonged to the
                                                         his death in 1899, he was replaced on the bank’s   former governor, whose first deposit of $250 was
                                                         board of trustees by his brother, Anson Flower.  recorded on July 20, 1897, is still at the bank.
                                                           One of Mr. Flower’s first jobs in Watertown   He died of a heart attack on May 12, 1899 in
                                                         was Deputy Postmaster in 1853. He saved his     Eastport, N.Y.
                                                         money to later open a jewelry store, continuing
                                                         the business until 1869, when he was asked by   A WSB account established by Roswell Flower in 1897, set up
                                                         Henry Keep, a former president of the New York   to have interest paid in perpetuity to the superintendent of the
                                                                                                         Brookside Cemetery.  The funds were to be “expended in plantings”
                                                         Central Railroad, to manage his $4 million estate.  for the graves of his father and two children who predeceased him.
                                                           Mr. Keep was
                                                         dying, and wanted
                                                         to make sure that his
                                                         wife, Emma, would
                                                         be taken care of
                                                         financially after his
                                                         death. Because Emma
                                                         was a sister of Mr.
                                                         Flower’s wife, Sarah,


                                                                               14
   11   12   13   14   15   16   17   18   19   20   21