CUTHBERT BANKS
Born 1770 in Virginia, Died January 3, 1826 in Mt. Sterling, KY. In 1807 Cuthbert Banks purchased the
property known as Olympia Springs (Mud Lick) in what is now Bath County, but at the time Montgomery.
Olympia Springs was known as the Athens of the West and a favorite resort to many Kentuckians during
the hot summer months. Boasting a dining room that could accommodate 100 people and guest houses for
families who wanted to board, Olympia Springs was 47 miles east of Lexington. Banks purchased the
property from Colonel Thomas Hart father-in-law of Henry Clay. Having been the proprietor of Henry Clay's
Hotel in Lexington, Banks had a lot of experience. He set out to improve the already popular medical
springs. He built many new buildings on the best sites.
In about 1810 Cuthbert Banks also operated a tavern in Mt. Sterling, near the corner of Main and
Main Cross Streets.
Cuthbert Banks along with John "Jack" Jouette, Thomas Isles, William Oakley, Jacob Sorency, Peter
Davis, and Francis Hopkins were appointed to the first board of trustees for the town of Owingsville,
October 1811.
JAMES STRODE MAGOWAN
The son of James Magowan of Berkeley Co., West Virginia, James Strode Magowan was born in Virginia in 1774
and died in Montgomery Co. June 17, 1852. He was commissioned May 19, 1804 in the Corn Stalk Militia
as Captain for the Rifle Co., 30th Regiment. James Strode Magowan was a tanner and large land owner.
He operated a tanyard on the lot in Mt. Sterling where the railroad depot is. In 1808 James Strode Magowan
and William Hodges served as Representatives from Montgomery County. James Strode Magowan
was the father of James Platt Magowan.