WILLIAM WALTER PRESSLEY
Born 1879 Dickenson County, VA
William Walter Pressley during the greater
part of his active business career has been identified with the Dickenson County
Bank at Clintwood, one of the largest and most prosperous banking institutions
in Southwest Virginia. This bank was established in 1900 as the Clintwood
Bank, and in 1905 it was reorganized and the name changed to the Dickenson
County Bank. Mr. Pressley entered the service soon after
reorganization. The capital stock is $100,000 surplus and profits,
$50,000, and deposits aggregate $1,200,000. The executive officers of this
prosperous institution are: John W. Flannagan, Jr., president; Dr.
E. L. Phipps, vice president; W.D. Tyler, vice president; W.W. Pressley,
cashier; and J.P. Fuller, assistant cashier.
Mr. Pressley is a native son of Dickenson County, and is himself well known in
the community and has been an important factor in the prosperity of the
bank. He was born at Birchleaf, December 13, 1879. His
grandfather, Ephraim Pressley, is a native Virginian, coming from the eastern
part of the state and settling on a farm in Dickenson County, where he spent the
rest of his life. The Pressleys are descended from a notable family of
England, but one branch has been in Virginia since Colonial days. Ephraim
Pressley married a Miss Colley. Their son, Joshua D. Pressley, was born in
Dickenson County, and spent his life in this section. He owned a large
farm and was one of the leading stock men for many years. He died at
Clintwood in 1888. In politics he was a democrat. His wife, Eliza
Jane Counts, was born in Dickenson County, and after her second marriage moved
out to Montana and died at Emigrant in that state March 23, 1918. Her
children by her first husband were: Eunice, wife of Clement V. Rasnick, a
dairy farmer living at Sheridan, Oregon; Henry Caudle, who is in the Government
service at Yellowstone Park and lives at Emigrant, Montana; Mrs. Clementine
Figgins, wife of a farmer at Emigrant; William Walter; Margaret Isabelle, wife
of Dr. J. Taze Wampler, a graduate in medicine and a farmer at Pray, Montana;
Joshua C., a farmer at Pray, Montana. The second husband of Mrs. Joshua
Pressley was James M. Colley. He was born in Dickenson County, is county
treasurer and for many years was engaged in farming there, but since 1900 has
lived on his ranch at Pray, Montana. By his marriage to Mrs. Pressley he
is the father of one son, Richard Counts Colley, a rancher living at Perma,
Montana.
William Walter Pressley was about nine years old when his father died. He was reared in the country, was educated in the public schools, and in 1901 graduated from the Wilbur R. Smith Business College, a branch of the University of Kentucky at Lexington. For a year and a half he was a stenographer with the Mahon Lumber Company of Charleston, West Virginia, and for three years was stenographer and identified with the real estate department of the Clinchfield Coal Corporation in Dickenson County. After that business experience he entered the Dickenson County Bank as cashier in 1906, and for seventeen years has faithfully performed his duties in that capacity.
Mr. Pressley owns a fine home in Clintwood, also farms lands in the country, and is one of the prosperous and influential citizens of his home locality. He is a democrat, is trustee of the church property of the Clintwood Missionary Baptist Church, and is affiliated with Clintwood Lodge No. 66, Ancient Free and Accepted Masons; Craig Chapter No. 30, Royal Arch Masons; Cyrene Commandery No. 21, Knights Templar, at Norton, Virginia; Kazim Temple of the Mystic Shrine at Roanoke, and Roanoke Consistory No. 4 of the Scottish Rite. He gave much of his time as a banker and also as a private citizen to promoting the success of the various drives in Clintwood and Dickenson County during the World war.
Mr. Pressley married at Clintwood, September 9, 1907, Miss. Julia Colley, daughter of Bart B. and Nannie E. (Neel) Colley, residents of Fremont, Virginia. Her father is a carpenter and builder. The four children born to Mr. and Mrs. Pressley are: Charles Burns, born August 15, 1909; Harry Lee, born January 15, 1911; William Walter, Jr., born February 1, 1919; and Julien Henry, born November 1, 1922.
Source: History of Virginia, Vol.
VI, Virginia Biography, page 595
Published by the American Historical Society, Chicago and New York, 1924