11-21 AroundKennesaw webfinal.pdf

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Bankruptcy, Embezzlement and Burglary, Oh My! BY ANDREW J. BRAMLETT

Stock certificate. Photo from Rick Kienel. 26

AROUND KENNESAW | November 2021

In 1908, Cobb County had five banks. There were two in Marietta, in addition to banks in Powder Springs, Roswell and Acworth. That year, on Sept. 10, it was announced in the Marietta Journal that a new bank had been established in Kennesaw. The bank officially was called the Bank of Kennesaw, and it was founded by some of Kennesaw’s most prominent citizens. The president was John W. Bennett, the vice president was J.G. Lewis, and B.H. Hill was secretary and treasurer. The bank had several directors, including W.P. Whitaker, who soon became the bank’s cashier. The capital of the bank, or total value of the stock, was $15,000, which is equivalent to around


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