[General] A meeting of the Bank of Monroe Board of Directors was held in Monroe, MI. Joseph and Hyrum Smith attended, along with Oliver Cowdery. Following the Mormon buy-out of Monroe Mayor Harleston's controlling interest in the bank, Oliver Cowdery was made its Vice President. Bailey J. Hathaway, (a nephew of Mrs. Lemuel Durfee and Mrs. Joseph Comstock of Palmyra) was chosen to be the reorganized institution's non-Mormon cashier.
[Source: Broadhurst, Dale R., Mormon Chronology, http://olivercowdery.com/history/morchrn2.htm]
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