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Isaac Compton Elston

banker

Isaac Compton Elston, American banker.

Background

Elston, Isaac Compton was born on February 5, 1836 in Crawfordsville, Indiana, United States. Son of Isaac Compton and Maria E. (Aiken) Elston.

Education

Student Wabash College, Crawfordsville, 1849-1853. University of Michigan, 1854-1855.

Career

Enlisted in 11th Indiana Regiment Vols., April, 1861, and elected Lieutenant Company I. Promoted captain; major, January, 1862. Appointed a.-d.-c. on staff of Major General Wool, with rank of lieutenant colonel, and chief of staff to General Lew Wallace, with rank of colonel.

Participated in capture of Fort Henry, siege of Fort Donelson, Battle of Shiloh, and other important engagements. Established 1st National Bank of Memphis (Tennessee), 1864. In brokerage business, Cincinnati, 1866.

With brothers-in-law, Henry S. Lane and General Lew Wallace, founded Elston & Company, bankers, Crawsfordsville, 1868. Manager same till 1905. Then president of its successor, the Elston National Bank.

Director Union Trust Company (Indianapolis).

Connections

Married Sarah S. Mills, August 7, 1862.

father:
Isaac Compton Elston

mother:
Maria E. (Aiken) Elston

spouse:
Sarah S. Mills