Charles H. Cole (banker)

Charles H. Cole (January 5, 1847 – August 14, 1906) was an American banker who served as president of the Globe National Bank of Boston from 1897 to 1899.

In 1862, Cole began his business career as an office boy in a private banking house.

In 1898 he purchased a large amount of stock in the American Lead and Zinc Company, which owned mines around Joplin, Missouri.

[3] The family lived in South Boston until 1890, when Cole moved to a modest home in Hingham, Massachusetts.

Cole reconstructed the interior of the house, purchased land surrounding the property, and built a conservatory and stable, where he kept six to eight horses and a number of fine carriages.

[2] In 1895, Boston Mayor Edwin Upton Curtis appointed Cole to a commission investigating municipal finances.

Comptroller of the Currency Charles G. Dawes threatened to shut down the bank unless something was done to remedy the situation.

Attorney General Philander C. Knox found the Cole's sentence was not excessive and advised president Theodore Roosevelt to the deny the application.

[10] On April 27, 1906, President Roosevelt signed into law an amendment that increased the amount of Good conduct time in federal cases.

[4] On August 14, 1906, Cole died in Boston from acute general tuberculosis he contracted while in prison.