Becoming a progressive community and the banking business

Moorefield Deposit Bank Directors, Herdy Myers, Minor Davis Judge, R.T. Kirkland, Harve Wilson, cashier, and Claude Whaley. The Moorefield Deposit Bank was organized in 1903 and discontinued business in 1953. The bank building was sold to Mr. and Mrs. J. Angus Jacobs.

One reason for the progress of the village of Moorefield has been its many successful businessmen who have invested capitol and time in various business enterprises. As early as 1825 Dunlap Howe and Jerry Hall established a general store in the village.

The business continued to be conducted by the Howe family for about a century, changing the type of merchandise handled from time to time.

In 1880 J.D. Davis and Sam Ratcliffe built a grain mill one mile east of Moorefield on the Upper Licks Road. Every Thursday the farmers would bring their grain to have ground.

Chester Craycraft Cole became the owner of a very successful dry goods store in 1887 and continued in operation until the building and the adjoining post office burned in 1917.

The building was erected in 1866 and stood between the First National Bank branch and the Moorefield Christian Church. Cole had moved to Carlisle in 1900 and established a store there.

In March 1892 a tobacco warehouse owned by G.W. Wilson and W. L. Linville burned to the ground with an estimated loss of about $2,500. No record is available of how old the warehouse was.

The Moorefield Mercantile Company with Hance Stephenson as manager was established in 1908 and operated successfully for several years. It was destroyed by fire in 1960.