Eleven years ago when Samuel Monroe Dailey became connected with the
enterprise in Louisville which he has conducted with so much success since
its inception, he possessed as his sole asset his ten years of valuable
experience as a clerk in an establishment similar to the one which he
proposed to launch. To offset this asset he had a goodly handicap in the way
of borrowed capital. In spite of the meagreness of his resources as to
material wealth, his resources of shrewdness, far-sightedness and all around
business ability have been sufficient to win to him a degree of success far
in advance of that of his contemporaries, and he has from the first enjoyed
a prosperity and a generous trade almost in excess of his expectations.
Born in Perry county, Indiana, Samuel Monroe Dailey is- the son of T. J.
and Sarah Ellen (Whitmarsh) Dailey. The father was a native of Kentucky, and
as a young man he moved thence to Grantsburg, Crawford county, Indiana, and
began the practice of medicine, in which profession he had been trained in
his native state. He carried on a lucrative practice there from the year of
his advent into Indiana (1867) until the time of his death, which occurred
in 1893. He died in Poseyville, Indiana. He was a member of the Methodist
church all his life and was a Republican in his political faith. The
maternal grandfather of Samuel Monroe Dailey, was born in New York city. He
also was a member of the medical profession, and after his removal to
Indiana continued there in practice for the remainder of his life. Young
Dailey attended the public schools of Poseyville, and after his graduation
from the high school took a two years' course at the normal at Danville,
Illinois. He then taught school for a period of five years, after which he
took a position as clerk in a general store in Poseyville, where he remained
for ten years, and where he gained a generous fund of experience and a
working knowledge of the general run of such a business. Thus equipped, and
with practically no capital, Mr. Dailey determined to launch out into
business on his own responsibility. He accordingly chose Louisville for the
scene of his operations and in 1901 he located there, putting in a stock of
general merchandise and opening his doors to the public. From the first he
drew a large trade, and has continued to hold the best business in
Louisville. He has increased his lines from time to time, always keeping
well abreast of the popular demands, and his establishment has a reputation
for up-to-dateness that is one of its most valuable characteristics. His
complete interests are centered in his mercantile establishment and he has
made no other investments of any kind regarding one well-protected
investment as more profitable than a number of less safe ones. Mr. Dailey is
connected with the Masonic order, the Pythian Knights, the Elks and the Odd
Fellows.
In 1902 Mr Daily was united in marriage with Lena Davis,
the daughter of J. B. Davis, who was born, reared and still lives in
Poseyville, and where Mrs. Dailey also was born and reared. Mr. Davis is
postmaster in Poseyville, and he is a veteran of the Civil war, as was also
the father of Mr. Dailey. One child has been born to Mr. and Mrs. Dailey,
Alan Dailey.
Extracted 09 Nov 2018 by Norma Hass from History of Southern Illinois, by George W. Smith, published in 1912, volume 3, pages 1275-1276.
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