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For Immediate Release
Secretary of State Dan A. Gwadosky will honor the Bar Harbor Savings and Loan Association for 100 years of incorporation on Tuesday, October 15, 2002 at 3:30 p.m. at its offices on 103 Main Street in Bar Harbor. Bar Harbor Savings and Loan was incorporated in the State of Maine on October 15, 1902.
Fourteen corporations are celebrating their centennial anniversary this year. They include eight business corporations--Charles S. Chase Company; Perkins Machine Company; Almon H. Fogg Company; Nevada Nickel and Copper Company; Bar Harbor Savings and Loan Association; Brunswick Publishing Company; Cabco, Inc.; and Hannaford Bros. Co.;--and six non-profit corporations--Halcyon Grange No. 345 Patrons of Husbandry; Bauneg Beg Grange, P. of H. No. 382; Fidelity Chapter, NO. 32, Order of the Eastern Star; Grand Lake Grange No. 375, Patrons of Husbandry; The Trustees of the Charity Fund of Arion Lodge, No. 162, Free and Accepted Masons; and Good Samaritan Agency.
"This is an excellent opportunity to recognize Maine businesses and nonprofit organizations for their longevity," said Secretary Gwadosky. "It takes the efforts of many individuals to keep an organization or corporation active for 100 years. Given that my Department has over 50,000 active corporations on file, this a significant achievement."
The Bar Harbor Savings and Loan Association originated as the Bar Harbor Loan & Building Association. Its name was changed in 1974 to the current designation. The bank has retained almost the same location for its 100 years of existence, having started in the upstairs portion of the current Bar Harbor Banking and Trust building at 101 Main Street, and moving to the downstairs offices in 1956 and then moving again in 1976 to its present location at 103 Main Street. Its current directors are Henry W. Brown, Donald J. Cote, Richard R. Fox, James E. McFarland, Norman P. Shaw, Peter W. Smallidge, William R. Weir, Jr., and Lee S. Wilbur.