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Once upon a time in Ada

Once upon a time in Ada

Things you didn’t know about your own hometown

By Lee Crouse

[email protected]

July 27, 1893 the Bank of Ada changed its name to The Citizens

Bank and went into assignment. This bank was owned by Peter

Ahlefeld and Albert B. Charles the cashier. That there was no need

for this bank to fail was demonstrated by the fact that during the

liquidation period all depositors received payment in full and six

percent interest. Mr. Ahlefeld was never accused of any sharp

practices in the accumulation of his wealth.

May 1905 there were no girls in the Ada High School graduating class.

May 1923 the first sectional elimination track meet of

northwestern Ohio high schools was held here. Twelve schools

were represented.

 

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