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During the days of
the Delaware and Hudson Canal, a huge basin of water was located
in this area for the storage and repair of canal boats. A bridge
carried Main Street over the feeder from Patmor’s Basin to the
canal. Now the site is occupied by Honesdale Banks which have
interesting histories also. The Honesdale National Bank and Wayne
Bank and Trust occupied other locations prior to the close of the
canal when the basin was filled in.
The Honesdale National Bank began as the Honesdale Bank in 1836
and is the oldest bank in the county area. The present building
was erected in 1896 and was built of local Forest City stone and
trimmed in Indiana limestone. The Honesdale National Bank first occupied Dr.
D. C. Brady’s building near the corner of 10th and Main.
Afterward, a new building was built on the corner to house the
bank.
The Wayne Bank, first known as the Wayne County
Savings Bank, has occupied three buildings, the first of which was
located on the site of the present drive-in facility. The present
bank building was built in 1924 on the same location as its
predecessor which had been erected there in 1898.
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