Matt C. Ransom (whose name is not Matt at all, but Madison) was born at Mooers January 23, 1858, and located
at Fort Covingthn as a lawyer in 1883. Studious, industrious, self reliant and endowed with a good mind, he quickly
gained an enviable standing in his profession, and though the field was not one to afford many large opportunities
he nevertheless had a considerable number of important cases, and his work in them attracted favorable attention.
In those days he was active in politics, and a number of times was the Democratic candidate for county office.
In 1896, when the Farmers National Bank of Malone had deposits of only $395,000 and a surplus of only $10,000,
Mr. Ransom was offered the vice presidency and practically the general management of the institution. Accepting,
he came to Malone, and ever since has given his time and energies almost exclusively to the business of banking,
and with such success that the bank now has deposits of about $785,000 and a surplus of $225,000. It has the remarkable
record of never having passed a dividend in over fifty years. Mr. Ransom is one of the board of managers of the
St. Lawenee Hospital for the Insane, and a trustee of the Alice Hyde Memorial Hospital and of the Northern New
York Institution for Deaf Mutes. He is also a director of The Lawrence Webster Company.
Historical Sketches of Franklin County
and its several towns.
By: Frederick J. Seaver Malone, New York.
J. B. Lyon Company, Printers Albany, NY 1918.
Franklin County, NY
Names A to L
Names M to Z
For all your genealogy needs visit Linkpendium