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Mayo formed a real estate company in 1888 that specialized in acquiring land and mineral rights in Eastern Kentucky and Southwestern Virginia. In 1889, the company became known as the Paintsville Coal and Mining Company. Within two years, the Paintsville Coal and Mining Company owned nearly all of the Elkhorn Creek Coalfield. [5]
Citizens National Bank is a bank headquartered in Paintsville, Kentucky and is the second largest independently owned bank in Kentucky, [3] with total assets of $599.5 million (as of June 30, 2010). [2] Citizens National Bank is a national bank, regulated by the Office of the Comptroller of the Currency, Department of the Treasury. [4]
The H.B. Rice Insurance Building is a historic building located in Paintsville, Kentucky, United States. [1] The building was constructed in 1890 by Harvey Burns Rice, who in 1908, opened an insurance company in the building. [2] It was added to the National Register of Historic Places on January 29, 1989. [1]
Due to Paintsville's undeveloped state at the time, there were many challenges during construction. Before the foundation could be built, the land had to drained and filled. Paintsville had not yet constructed a public water system so a private system was developed on the estate that pumped water from a well into a cistern. Rain water was also ...
Paintsville (locally / ˈ p eɪ n t s v əl /) [2] is a home rule-class city [5] along Paint Creek in Johnson County, Kentucky, in the United States. It is the seat of its county. The population was 3,459 during the 2010 U.S. Census .
The First National Bank Building, originally the Paintsville National Bank, is a historic structure located in Paintsville, Kentucky. The bank opened on May 5, 1902, and was added to the National Register of Historic Places on January 26, 1989.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Since 1979, after the death of May Stafford, the daughter of Francis M. Stafford, the house has remained vacant. In 2003, the state of Kentucky offered a $200,000 grant to the city of Paintsville in order to help with the purchase and restoration of the historic home. On July 12, 2003, the Paintsville City Council declined the grant. [3]
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