Ohio County, West Virginia         Biography of Maxie C. MAGEE

This file was submitted by Valerie Crook,
E-mail address:  <vfcrook@trellis.net>

The submitter does not have a connection to subject of this sketch.

This file may be freely copied by individuals and non-profit
organizations for their private use. All other rights reserved.

Any other use, including publication, storage in a retrieval
system, or transmission by electronic, mechanical, or other
means requires the written approval of the file's author.

This file is part of the WVGenWeb Archives. If you arrived here inside
a frame or from a link from somewhere else, our front door is at

http://www.usgwarchives.net/wv/wvfiles.htm



***************
The History of West Virginia, Old and New
Published 1923, The American Historical Society, Inc.,
Chicago and New York, Volume III,
pg. 231-232
Ohio County

MAXIE C. MAGEE, vice president and cashier of the
Wheeling Bank & Trust Company, is one of the younger
men in the financial life of the Wheeling District, and
was called to his present post because of his undoubted
qualifications and wide experience and knowledge of bank-
ing affairs.

Mr. Magee was born at Brookhaven, Mississippi, March
15, 1885. His father was a Mississippi planter. He had
the best educational advantages afforded a son of well-to-
do parents.  He attended public schools and graduated
from the University of Mississippi, at Oxford, with the
class of 1909. He combined two years work in one while
at the university.  Following his university career Mr.
Magee became traveling auditor for a cotton exporting
firm, visiting various cotton centers in the South. This
was his work until 1915.

In that year he entered the service of the Federal Reserve
Bank at Cleveland. The Federal Reserve system was just
being organized, and the most important part of the task
yet remained to be accomplished, namely, to convince the
individual bank in each district as to the merits and ad-
vantages of membership in the Federal Reserve system.
Mr. Magee was selected as one of the publicity repre-
sentatives of the Federal Bank of Cleveland, and his work
corresponded with that of a traveling salesman without
anything to sell, engaged in an educational campaign to
make the merits of the Federal system thoroughly under-
stood and appreciated.  The district of the Cleveland
Federal Reserve Bank comprised all of Ohio, fifty-six
counties in Eastern Kentucky, six in West Virginia and
nineteen in Western Pennsylvania. During the next several
years Mr. Magee visited about two thousand banks in
this district, carrying on his organization and educational
campaign. One of his official visits brought him in touch
with the officers and directors of the Wheeling Bank &
Trust Company, and while he won them over to member-
ship in the Federal Reserve system, at the same time he
left impressions that resulted in their calling him to an
executive place in the bank, and in July, 1920, the day
after he resigned from the Federal Bank of Cleveland, he
accepted his post as vice president and cashier of the Wheel-
ing institution. The Wheeling Bank & Trust Company has
capital of $300,000.00, surplus and undivided profits of
$500,000.00, and its executive officers and directors comprise
the following well known citizens: Alexander Glass, chair-
man of the board; S. W. Harper, president; S. O. Laughlin,
vice president; M. C. Magee, vice president and cashier,
while the directors are W. H. Bachman, C. P. Billings, J. A.
Bloch, A. F. Brady, Jr., R. E. Breed, D. A. Burt, H. C.
Hazlett, W. B. Higgins, C. J. Kepner, Arthur Laughans,
S. P. Norton, A. B. Paxton, A. C. Stifel, C. A. Vaden,
A. C. Whitaker, W. P. Wilson and M. C. Magee.

Mr. Magee is a member of the Fort Henry Club and
Kiwanis Club, and the St. Andrew Society of the Episcopal
Church. In 1910 he married Miss Vera Roberts, of Union
City, Tennessee.

***************