Years in parentheses are years of service as a Director of The Bank of Delaware County and/or The Delaware County National Bank

Jonathan Pennell (1815, '17, '21, '29), son of James Pennell was born in Middletown township, August 26, 1761. He was by trade a blacksmith. When free he decided to locate in Chester, and sought the advice of Henry Hale Graham as to the prospects of success for the project. Judge Graham replied that all blacksmiths theretofore in Chester had grown so desperately poor by crooking their little fingers that they could not keep iron cold. But Graham loaned the young man ₤250, conditioned that he could repay the money in sums of ₤10 at his convenience. So frequently were these payments made that the Judge said, "Good gracious, man, where do you get all this money?” “I hammer it out of cold iron,” was Pennell's answer. He became a man of large means for those times. He died September 9, 1834, aged 69 years.

[Obituary]