Waverley Cooperative Bank stock certificate 1954 (Massachusetts)

Belmont MA banking piece!  Unusual vignette of  photo image of a residential home with text above "The American home. The safeguard of American liberties.".  Issued and hole cancelled at the bottom. Dated 1954. Approximately 12 x 8 inches.

Incorporated in 1890, it was a community bank in what is now Boston, The bank specialized in home loan financing in Belmont Mass. Later became part of Reliance Cooperative Bank of Cambridge MA.

Belmont is a town in Middlesex County, Massachusetts, United States. It is a western suburb of Boston and is part of the Greater Boston metropolitan area.

Belmont was established on March 18, 1859, by former citizens of, and on land from the bordering towns of, Watertown, to the south; Waltham, to the west; and Arlington, then known as West Cambridge, to the north. The founders desired a dry township (alcohol is now legal to purchase in Belmont). The town was named after Bellmont, the 200-acre estate of the largest donor to its creation, John Perkins Cushing, after which Cushing Square is named. After Cushing's estate nearly burned to the ground, it was converted to a Belmont Public Library branch. The easternmost section of the town, including the western portion of Fresh Pond, was annexed by Cambridge in 1880. The annexation was the result of a dispute over a slaughterhouse licensed in 1878 and situated next to Fresh Pond; Cambridge wished to protect Fresh Pond by removing neighboring buildings.

Before its incorporation, Belmont was an agrarian town, with several large farms servicing Boston for produce and livestock. It remained largely agrarian until the turn of the 20th century, when trolley service was introduced and roads were improved, making it more attractive as a residential area, most notably for the building of large estates. Belmont's population grew by over 70 percent during the 1920s.

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