The Improved Order of Red Men has Muchattoes Tribe No. 54, and Orange Council No. 50, Degree of Pocahontas.
Of temperance societies there are Orange Council No. 186, Royal Templars of Temperance, Prohibition Alliance; Junior Prohibition Club, St. George's Company No. 62, Knights of Temperance, St. Paul's Company No. 62. Mission Lodge No. 639 I. O. of G. T., Newburgh Lodge No. 282 I. O. of G. T., and Victory Lodge I. O. of G. T.
Among the many other societies are United Friends, Sons of St. George, Ancient Order of Hibernians, Royal Arcanum, Order of United American Mechanics, Sexennial League, Knights and Ladies of the Golden Star, Knights of Honor, Orange Men, several Catholic societies, labor and trade unions, Newburgh Bible Society, Historical Society of Newburgh Bay and the Highlands, Society for the Prevention of Cruelty to Animals, Society for Instruction in First Aid to the Injured, and Horse Thief Detecting Society.
FINANCIAL INSTITUTIONS.
Newburgh has solid financial institutions. Highland Bank was chartered April 26, 1834, with a capital of $200,000. In January, 1865, the capital was increased to $350,000, and the following April was reorganized as a National Bank with a capital of $450,000, which was reduced to $300,000 in 1888. The first president was Gilbert O. Fowler.
Quassaick National Bank was organized March 31, 1852, and began business with a capital of $130,000. The first president was E. W. Farrington, and the first cashier Jonathan N. Weed. In June of the year of organization the capital stock was increased to $200,000, and in June of 1853 to $300,000. In 1895 Mr. Weed was chosen president.
The National Bank of Newburgh is the successor of the Bank of Newburgh, incorporated March 22, 1811. The capital of the first bank was $120,000. The first president was Isaac Belknap, Jr., and the first cashier was John S. Hunn. In February, 1820, a branch bank was opened at Ithaca and continued till 1830, when its charter expired. The Bank of Newburgh was then reorganized under the Safety Fund law with a capital of $140,000. In 1851 it was again reorganized under the general banking law with a capital of $200,000, which was increased the next year to $300,000. July 3, 1864, the bank divided its capital and 60 per cent, profits among its stockholders, and closed business, and two days afterward the National Bank of Newburgh more than took its place in the business community, with the large capital of $800,000, the stock of which was promptly taken. June 3, 1890, the stockholders voted to reduce the capital to $400,000, and the additional $400,000 with 40 per cent profits was divided among them. The bank has continued to prosper.
The Newburgh Savings Hank was chartered April 13, 1852, and was opened January 1, 1853. Its present building was completed in 1868, and cost $115,527. It has been a helpful institution to the people of Newburgh and vicinity. Its first president was Robert L. Case. Joseph Chadwick is now its president.
The Columbus Trust Company began to do business March 1, 1893, at No. 82 Broadway, with a capital stock of $100,000 divided among 144 shareholders. Semi-annual dividends of 3 per cent, have been regularly paid since 1895. In 1901 the directors decided to purchase No. 78 Broadway for a banking house. The building was remodeled, and April 20, 1902, the company moved to its present quarters. This company has prospered beyond the reasonable expectations of its friends. The statement of December 31, 1893, showed $117,249.17 on deposit, and $20,238.36 surplus and undivided profits. June 29, 1907, deposits amounted to $2,941,587.13 and surplus and undivided profits to $121,527.26. The total number of accounts is 5,300. The present officers are: Joseph Van Cleft, president; David A. Morrison, first vice-president; Charles K. Bull, second vice-president; Henry M. Leonard, treasurer; Barclay Van Cleft, secretary; Walter C. Anthony, counsel.