Heart Attack Proves Fatal to Aged Banker
Father of Former Assistant Secretary of War is Fatally Seized in Mason City Office.
MASON CITY, Oct. 30. - (AP)-
Charles H. McNider, prominent local banker and cement manufacturer, died here at 11:30 o'clock this morning of heart disease. He was 68 years old.
Death came while Mr. McNider was alone in his office in the First National bank, of which he was president. Dr. W.G. Egloff, with whom he was talking over the telephone, said that Mr. McNider suddenly ceased to speak and that a noise was heard as if someone had fallen.
McNider's banking associate, W.G.C. Bagley, discovered the body, and when physicians arrived he was pronounced dead.
McNider was the father of Hanford MacNider, former national commander of the American Legion and former assistant secretary of war. He is survived by his widow, the son and three grandchildren.
Hanford MacNider, in Chicago this morning, started for home by airplane.
STARTED AT BOTTOM
C.H. McNider started at the bottom of the ladder that leads to success and by his own efforts achieved a position as one of the outstanding figures in Iowa financial and industrial circles.
The presidency of the First National bank of mason City, where he started to work as a boy of 15, was only one of the positions he acquired through a natural proclivity for banking and executive leadership.
When the cement industry was started in Mason City in 1907, McNider became interested in the enterprise and headed the larger of two factories established, the Northwestern States Portland Cement company. He also became a director of the Alpha Portland Cement company, and a number of other successful commercial institutions including the United Light and Power company, the Western Grocer company and the Milwaukee railroad.
Son of Bridge Contractor
Mr. McNider was born in Dubuque, Feb. 9, 1860, the son of a bridge contractor who came to mason City while working on the old Iowa Central railroad. When 15 years old, he started working for the Cerro Gordo State bank, later the First National. He slept in the bank to save money, and progressed so rapidly that when he was 21 and the bank was reorganized into a national institution he was made assistant cashier. Six years later he was cashier and in four more years president.
In 1884 he married Miss May Hanford. To them was born a son, Hanford MacNider, who rose to be a lieutenant colonel in the army during the World War and was afterward national commander of the American Legion and assistant secretary of war.
McNider took an active part in banking associations, and in his early thirties was president of the Iowa state organization. For six years he was a member of the executive council of the American Bankers' association. With the establishment of the federal reserve system he was chosen a director of the Federal Reserve banks of Chicago. In this position he was prominent in the fight in 1927 against efforts of the federal reserve board to dictate lower rediscount rates in Iowa, Illinois and other states.
Never Held Office
Although he never became a candidate for office, Mr. McNider was prominent in republican politics in Iowa and was twice a delegate to republican national conventions. For a number of years he was a trustee of Iowa State Teachers college.
During the war, he was made director for Iowa of the third and fourth Liberty and the Victory loans. In that work he won a national reputation by putting Iowa first "over the top."
An example of Mr. McNider's foresight and financial ability is shown by the manner in which he weathered the panic of 1907. Due to his efforts, his bank paid cash during the period, while no clearing house certificates, common in other cities, were used.
Mr. McNider was a thirty-third degree Mason and held prominent offices in the Knights Templar.
The Gazette
Cedar Rapids, Iowa - Tuesday, October 30, 1928
Father of Former Assistant Secretary of War is Fatally Seized in Mason City Office.
MASON CITY, Oct. 30. - (AP)-
Charles H. McNider, prominent local banker and cement manufacturer, died here at 11:30 o'clock this morning of heart disease. He was 68 years old.
Death came while Mr. McNider was alone in his office in the First National bank, of which he was president. Dr. W.G. Egloff, with whom he was talking over the telephone, said that Mr. McNider suddenly ceased to speak and that a noise was heard as if someone had fallen.
McNider's banking associate, W.G.C. Bagley, discovered the body, and when physicians arrived he was pronounced dead.
McNider was the father of Hanford MacNider, former national commander of the American Legion and former assistant secretary of war. He is survived by his widow, the son and three grandchildren.
Hanford MacNider, in Chicago this morning, started for home by airplane.
STARTED AT BOTTOM
C.H. McNider started at the bottom of the ladder that leads to success and by his own efforts achieved a position as one of the outstanding figures in Iowa financial and industrial circles.
The presidency of the First National bank of mason City, where he started to work as a boy of 15, was only one of the positions he acquired through a natural proclivity for banking and executive leadership.
When the cement industry was started in Mason City in 1907, McNider became interested in the enterprise and headed the larger of two factories established, the Northwestern States Portland Cement company. He also became a director of the Alpha Portland Cement company, and a number of other successful commercial institutions including the United Light and Power company, the Western Grocer company and the Milwaukee railroad.
Son of Bridge Contractor
Mr. McNider was born in Dubuque, Feb. 9, 1860, the son of a bridge contractor who came to mason City while working on the old Iowa Central railroad. When 15 years old, he started working for the Cerro Gordo State bank, later the First National. He slept in the bank to save money, and progressed so rapidly that when he was 21 and the bank was reorganized into a national institution he was made assistant cashier. Six years later he was cashier and in four more years president.
In 1884 he married Miss May Hanford. To them was born a son, Hanford MacNider, who rose to be a lieutenant colonel in the army during the World War and was afterward national commander of the American Legion and assistant secretary of war.
McNider took an active part in banking associations, and in his early thirties was president of the Iowa state organization. For six years he was a member of the executive council of the American Bankers' association. With the establishment of the federal reserve system he was chosen a director of the Federal Reserve banks of Chicago. In this position he was prominent in the fight in 1927 against efforts of the federal reserve board to dictate lower rediscount rates in Iowa, Illinois and other states.
Never Held Office
Although he never became a candidate for office, Mr. McNider was prominent in republican politics in Iowa and was twice a delegate to republican national conventions. For a number of years he was a trustee of Iowa State Teachers college.
During the war, he was made director for Iowa of the third and fourth Liberty and the Victory loans. In that work he won a national reputation by putting Iowa first "over the top."
An example of Mr. McNider's foresight and financial ability is shown by the manner in which he weathered the panic of 1907. Due to his efforts, his bank paid cash during the period, while no clearing house certificates, common in other cities, were used.
Mr. McNider was a thirty-third degree Mason and held prominent offices in the Knights Templar.
The Gazette
Cedar Rapids, Iowa - Tuesday, October 30, 1928
Heart Attack Proves Fatal to Aged Banker
Father of Former Assistant Secretary of War is Fatally Seized in Mason City Office.
MASON CITY, Oct. 30. - (AP)-
Charles H. McNider, prominent local banker and cement manufacturer, died here at 11:30 o'clock this morning of heart disease. He was 68 years old.
Death came while Mr. McNider was alone in his office in the First National bank, of which he was president. Dr. W.G. Egloff, with whom he was talking over the telephone, said that Mr. McNider suddenly ceased to speak and that a noise was heard as if someone had fallen.
McNider's banking associate, W.G.C. Bagley, discovered the body, and when physicians arrived he was pronounced dead.
McNider was the father of Hanford MacNider, former national commander of the American Legion and former assistant secretary of war. He is survived by his widow, the son and three grandchildren.
Hanford MacNider, in Chicago this morning, started for home by airplane.
STARTED AT BOTTOM
C.H. McNider started at the bottom of the ladder that leads to success and by his own efforts achieved a position as one of the outstanding figures in Iowa financial and industrial circles.
The presidency of the First National bank of mason City, where he started to work as a boy of 15, was only one of the positions he acquired through a natural proclivity for banking and executive leadership.
When the cement industry was started in Mason City in 1907, McNider became interested in the enterprise and headed the larger of two factories established, the Northwestern States Portland Cement company. He also became a director of the Alpha Portland Cement company, and a number of other successful commercial institutions including the United Light and Power company, the Western Grocer company and the Milwaukee railroad.
Son of Bridge Contractor
Mr. McNider was born in Dubuque, Feb. 9, 1860, the son of a bridge contractor who came to mason City while working on the old Iowa Central railroad. When 15 years old, he started working for the Cerro Gordo State bank, later the First National. He slept in the bank to save money, and progressed so rapidly that when he was 21 and the bank was reorganized into a national institution he was made assistant cashier. Six years later he was cashier and in four more years president.
In 1884 he married Miss May Hanford. To them was born a son, Hanford MacNider, who rose to be a lieutenant colonel in the army during the World War and was afterward national commander of the American Legion and assistant secretary of war.
McNider took an active part in banking associations, and in his early thirties was president of the Iowa state organization. For six years he was a member of the executive council of the American Bankers' association. With the establishment of the federal reserve system he was chosen a director of the Federal Reserve banks of Chicago. In this position he was prominent in the fight in 1927 against efforts of the federal reserve board to dictate lower rediscount rates in Iowa, Illinois and other states.
Never Held Office
Although he never became a candidate for office, Mr. McNider was prominent in republican politics in Iowa and was twice a delegate to republican national conventions. For a number of years he was a trustee of Iowa State Teachers college.
During the war, he was made director for Iowa of the third and fourth Liberty and the Victory loans. In that work he won a national reputation by putting Iowa first "over the top."
An example of Mr. McNider's foresight and financial ability is shown by the manner in which he weathered the panic of 1907. Due to his efforts, his bank paid cash during the period, while no clearing house certificates, common in other cities, were used.
Mr. McNider was a thirty-third degree Mason and held prominent offices in the Knights Templar.
The Gazette
Cedar Rapids, Iowa - Tuesday, October 30, 1928
Father of Former Assistant Secretary of War is Fatally Seized in Mason City Office.
MASON CITY, Oct. 30. - (AP)-
Charles H. McNider, prominent local banker and cement manufacturer, died here at 11:30 o'clock this morning of heart disease. He was 68 years old.
Death came while Mr. McNider was alone in his office in the First National bank, of which he was president. Dr. W.G. Egloff, with whom he was talking over the telephone, said that Mr. McNider suddenly ceased to speak and that a noise was heard as if someone had fallen.
McNider's banking associate, W.G.C. Bagley, discovered the body, and when physicians arrived he was pronounced dead.
McNider was the father of Hanford MacNider, former national commander of the American Legion and former assistant secretary of war. He is survived by his widow, the son and three grandchildren.
Hanford MacNider, in Chicago this morning, started for home by airplane.
STARTED AT BOTTOM
C.H. McNider started at the bottom of the ladder that leads to success and by his own efforts achieved a position as one of the outstanding figures in Iowa financial and industrial circles.
The presidency of the First National bank of mason City, where he started to work as a boy of 15, was only one of the positions he acquired through a natural proclivity for banking and executive leadership.
When the cement industry was started in Mason City in 1907, McNider became interested in the enterprise and headed the larger of two factories established, the Northwestern States Portland Cement company. He also became a director of the Alpha Portland Cement company, and a number of other successful commercial institutions including the United Light and Power company, the Western Grocer company and the Milwaukee railroad.
Son of Bridge Contractor
Mr. McNider was born in Dubuque, Feb. 9, 1860, the son of a bridge contractor who came to mason City while working on the old Iowa Central railroad. When 15 years old, he started working for the Cerro Gordo State bank, later the First National. He slept in the bank to save money, and progressed so rapidly that when he was 21 and the bank was reorganized into a national institution he was made assistant cashier. Six years later he was cashier and in four more years president.
In 1884 he married Miss May Hanford. To them was born a son, Hanford MacNider, who rose to be a lieutenant colonel in the army during the World War and was afterward national commander of the American Legion and assistant secretary of war.
McNider took an active part in banking associations, and in his early thirties was president of the Iowa state organization. For six years he was a member of the executive council of the American Bankers' association. With the establishment of the federal reserve system he was chosen a director of the Federal Reserve banks of Chicago. In this position he was prominent in the fight in 1927 against efforts of the federal reserve board to dictate lower rediscount rates in Iowa, Illinois and other states.
Never Held Office
Although he never became a candidate for office, Mr. McNider was prominent in republican politics in Iowa and was twice a delegate to republican national conventions. For a number of years he was a trustee of Iowa State Teachers college.
During the war, he was made director for Iowa of the third and fourth Liberty and the Victory loans. In that work he won a national reputation by putting Iowa first "over the top."
An example of Mr. McNider's foresight and financial ability is shown by the manner in which he weathered the panic of 1907. Due to his efforts, his bank paid cash during the period, while no clearing house certificates, common in other cities, were used.
Mr. McNider was a thirty-third degree Mason and held prominent offices in the Knights Templar.
The Gazette
Cedar Rapids, Iowa - Tuesday, October 30, 1928
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