On February 17, 1882, the executive committee met to sign the articles of association and on March 6, 1882, the new members gathered in the lady’s parlor of the ill-fated Newhall House Hotel for the first meeting. (In less than a year that hotel was to burn to the ground in a tragic fire) By then, 115 of the city’s “leading citizens” had subscribed. They elected Alexander Mitchell as their first president. Among the early membership, which amounted to a “who’s-who” in local banking, commercial, and industrial circles, were such staunch family names as Fitch, Layton, Plankinton, Allis, Uihlein, Bradley, James, Chapman, Fitzgerald, Van Dyke, Ilsley, Pfister, Wells, and Pabst.