Biography

Lee County Illinois

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IRA R. TITUS

Ira R. Titus, cashier of the First National Bank, of Steward, Illinois, was born in Richland county, Illinois, December 29, 1862, the third son of Abraham B. Titus and Elizabeth (Chancey) Titus. When one year old he was brought by his parents to Champaign county Illinois, where he grew up on a farm about ten miles north of Urbana. Remaining with his father until twenty-two years of age, he in the meantime received his education in the district schools and a business college at Champaign and then engaged in the mercantile business at Rantoul and continued in that business for six years.

Then having formed a partnership with his brother, Edgar L. Titus, in November, 1894, they purchased the elevator and agriculture implement business of Merritt Miller at Steward, Illinois, Lee county, which they carried on under the firm name of Titus Bros, later acquiring ownership of the Steward & Henning Elevator, purchased from the L.E. Birdsell Company, and for the next eighteen months carried on an extensive grain, coal and lumber business. In the fall of 1902 they sold out the Steward & Henning Elevator and their lumber business, but still retained the ownership of the elevator first purchased. On January 1, 1903, in connection with a number of the leading business men of Steward, the Titus brothers organized the First National Bank of Steward, with a capital stock of twenty-five thousand dollars, of which Ira R. Titus is at present (1914) the cashier, and his brother, Edgar L. Titus, the president--the Titus brothers being owners of the controlling interest.

On May 21, 1889, Mr. Titus was married at Rantoul, Illinois, to Lulu Coon, and three children have been born of this marriage: Lyle, born in 1892; Ray, born in 1899; and Harry, who was born in 1905, died on the same day.

Mr. Titus is a member of the Methodist Episcopal church and has held several offices of honor in both church and village.

Transcribed by Karen Holt - 1914 History of Lee County Illinois Vol 2 by Frank E. Stevens

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