Portrait & Biographical Record of Montgomery, Parke & Fountain Counties, Indiana.
Chicago: Chapman Brothers, 1893, p 472. Sampson REED is the Cashier of the Citizens State
Bank, Covington Indiana, which is one of the most popular, strong and flourishing
financial institutions of the county. The bank was established under the name of J.G.
Hardy & Company with Mr. Reed as President but these gentlement ceased operation April
1886 and the bank became known as the Citizen's Bank with Mr. Reed as president. On
the 20th of May 1891, it was organized as the Citizens State Bank, with a paid-up capital
stuck of $40,000. Its directors are HH Dochterman, Samuel Clark, County Treasurer and Ora
clark. All the facilities consistent with sound and conservative banking are extended to
customers, and the institution is an appreciated factor of business life in Fountain
County. The bank has been doing business under the most favorable auspices, and has the
cordial indorsement of leading firms and corporations throughout this section who have
opened accounts with it. Active business men are pleased with the methods and policy of
the instituion, and under the sound and conservative management of Presidetn William H.
Young and associates, it is prepared to extend every facility consistent with legitimate
banking to its customers. The building in which the business is carried on was erected by
Mr. Reed in Sept. 1888. It is a model of convenience and good taste, is well appointed
throughout and is a credit to the town. Cashier Reed is a recognized authority in banking
and finance, a vigorous exponent of the soundest principles governing the same, and unde
rhis guidance the bank has had an ever widening career of usefulness and prosperity. His
judgment is exceptionally sound, and he is at all times true to his convictions, his
reasons for them being clear and well defined. In this institution the public has a most
valuable additon to its financial facilities, the bank filling al ong-felt want and
reflecting the highest credit upon the enterprise of its officers, directors and
stockholders. Sampson Reed was born in Fleming County KY Feb 5, 1826, a son of Stephen
and Elizabeth Castleman Reed, the former of whom was born in Loudoun Co VA and latte rin
Ky. The maternal grandfather was a native of Clark Co VA but in the fall of 1826 became a
resident of Fountain Co Ind and entered land in the vicinity of Veedersburg where he died
in 1866, his wife's death occured in 1842. Sampson Reed assisted his father on the
home farm until 23 then began the fight the battle of life for himself. On the 7th of May
1857 Mr. Reed was united in marriage to Elizabeth F. Brant of Wayentown, after which he
settled near Shawnee Mound in Tippecanoe County, where he continued to make his home until
1868, when he removed to Newtown. In the spring of 1870 Covington became the scene of his
operations. On first starting out for himself he worked by the month on a
threshing-machine and in a sawmill, after which he tilled the soil on his
mother'in-law's land until his removal to Tippecanoe County. From that time until
he engaged int he banking business, he not only tilled the soil but also handled stock and
farm property and in each of these occupations, showed the discriminating judgment and
sound good sense that have since characterized his business transactions. Mr. Reed has
always been a Democrat but has never asked for office at the hands of his party, for he
realize that to conduct his affairs as they should be conducted, required his undivided
attention and the result has shown the wisdom of his views. He is an old pro-slavery
Democrat of pronounced type. His wife is a membe rof the Methodist Episcopal church and
is well known for her earnest christian character, her generosity, and faithfulness to her
friends. Mr. and mrs. Reed have no children of their own but they have reared one child
from infancy, Mary Ralston, who is now the wif eof Lincoln Gardner of Covington.