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JOHN FRANCIS DALY.
As president of the Hibernia Commercial & Savings Bank of Portland John Francis Daly occupies a foremost position
in financial circles of the city, and actuated by a spirit of unfaltering enterprise and determination he has contributed
in large measure to the successful management of the undertaking, which is one of the large financial enterprises
of this section of the state. He has won success through honesty, integrity and strict application to business
and his activities have ever been of a constructive nature, contributing to public progress and prosperity as well
as to individual aggrandizement.
Mr. Daly is a native of Iowa. He was born in Cresco, November 7, 1879, a son of Mathew W. Daly and a grandson of
Maurice Daly, who was a native of Ireland and in the '30s emigrated to the United States. The father was born on
a farm in New York state in 1850 and in Decorah, Iowa, he married Mary Frances Fitzgerald, a native of Howard county,
that state. In 1880 they removed to Madison, South Dakota, and there the demise of Mathew W. Daly occurred on the
18th of January, 1898.
In the schools of Madison, South Dakota, John F. Daly pursued his early education, after which he attended the
State Normal SchooL He next became a student in Notre Dame University, but after reaching his sophomore year he
was called home by the death of his father. Being the eldest son he assumed charge of his father's interests, entering
the bank of Daly & Mackay at Madison, South Dakota, of which Mathew W. Daly was the president, and thus acquiring
his initial experience in the field of banking. There he received thorough instruction in matters of finance, retaining
his connection with the bank for several years. In September, 1904, he arrived in Portland and for seven months
was identified with the Portland Trust Company as manager of the real estate and investment department. In 1905
he purchased the business of the Security Abstract & Trust Company, of which he became president, so continuing
until 1908, in which year he organized the Title & Trust Company, which absorbed the business of the Security
Abstract & Trust Company, increasing its capital from fifty thousand to two hundred and fifty thousand dollars.
He was active in the management of this large enterprise until 1919, when he was elected to his present office
as president of the Hibernia Commercial & Savings Bank of Portland, which is regarded as one of the substantial
moneyed institutions of the city. Broad experience has given him comprehensive knowledge of the banking business
in principle and detail and he is able to speak with authority upon many questions relative to financial interests.
In the control of the affairs of the bank he displays marked ability and energy, regarding no detail as too unimportant
to receive his attention and at the same time controlling the larger factors in his interests with notable assurance
and power. He is actuated at all times by a spirit of firm determination that enables him to overcome all difficulties
and obstacles in his path and under his able direction the business of the bank has shown a steady increase. He
retains his interest in the Title & Trust Company, of which he is a director, and he is also on the directorate
of the Mortgage Guarantee Company, the Bankers Discount Corporation and the Western Wool Warehouse Company.
On the 2d of June, 1909, in Portland, Mr. Daly was united in marriage to Miss Marguerite Wiley, a daughter of the
late Joseph R. and Margaret Wiley. The four children of this marriage are: John Daly, Jr., Mary Margaret, James
Wiley and Catherine Clarissa.
In his political views Mr. Daly is a republican and his religious faith is indicated by his identification with
the Knights of Columbus, which draws its members from those of the Catholic faith. He possesses a delightful personality,
which has won for him many friends, and he is a popular member of the Arlington and Multnomah Amateur Athletic
Clubs. He is an earnest member of the Chamber of Commerce and is active in civic matters, supporting all plans
and projects which have for their object the welfare and advancement of his city. During the period of the World
war he aided in promoting all of the Liberty loan, Red Cross, Y. M. C. A. and Knights of Columbus drives, serving
as chairman of the latter campaign in Portland. He finds diversion in golf and is fond of good literature, devoting
much study to economic subjects, and in all matters of public moment he is deeply and helpfully interested. His
connection with any undertaking insures a prosperous outcome of the same, for it is his nature to carry forward
to successful completion whatever he undertakes. He has never sacrificed high standards to commercialism and his
record is proof of the fact that success and an honored name may be won simultaneously.
From:
History of Oregon Illistrated
Vol. 3
BY: Charles H. Carney
The Pioneer Historical Publishing Company
Chicago - Portland 1922
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