|
|
|
||||
|
Mile 0.0 Mile 4.6 Mile 4.8 Mile 9.9 Mile 10.2 Mile 10.8 Mile 10.9 Mile 11.0 Mile 11.2 Mile 12.3 Mile 13.6 Mile 13.8 Mile 13.9 Mile 14.7 Mile 16.1 |
 |
Mile 17.6 Mile 22.3 Mile 24.0 Mile 24.4 Mile 24.8 Mile 27.9 Mile 29.8 Mile 30.9 Mile 34.3 Mile 34.3a Mile 37.2 Mile 38.0 Mile 39.8 Mile 43.0 Mile 44.0 |
|
The Pax Bank opened in 1915 as a privately owned institution. Stockholders were typically long-time residents, local landowners and farmers. In 1920 Pax was incorporated as a town. Pax’s prosperity at the time was closely tied to and encouraged by the developing mining industry and transportation lines in the area. Pax was on the main line of the Virginian Railroad at the junction of the Kanawha Glen Jean and Eastern Railway. The Virginian Railway also established shops just above Pax. Spurring even greater confidence in the town was the move in 1923 to build a road from Mt. Hope to Pax to accommodate vehicular traffic. Pax was, therefore, made accessible both rail and automobile. Landowners in the area experienced a relative affluence, creating feelings of confidence which lead to the formation of the bank. Despite the high hopes for the community the Pax Bank did not survive the stock market crash of 1929. The building was constructed of native stone which was quarried locally. Currently the structure bears the sign “Hunter Furnished Apartments” bearing the name of one of Pax’s most influential citizens, Dr. Hunter. |