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Affiliation | Republican |
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Name | William H. Malone |
Address | Park Ridge, Illinois , United States |
Email | None |
Website | None |
Born |
00, 1877
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Died | August 14, 1956
(79 years)
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Contributor | ev |
Last Modifed | ev Jun 29, 2016 09:13pm |
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Info | Park Ridge Mayor, 1911-1912
State Board of Equalization, 1912-1916
Chairman of the Illinois Tax Commission, 1927-1931
Convicted of tax evasion and defrauding Illinois taxpayers and sentenced to 2 years in the state prison.
William H. Malone resided for many years in Park Ridge, Illinois. He was active in civic and political affairs. He was a member and chairman of the Illinois State Tax Commission for years and an unsuccessful candidate for governor of Illinois in 1932. He participated in the formation of the Citizens State Bank of Park Ridge, opened in 1929, was its president until 1933 and a director and chairman of the board of directors from January, 1949, to January, 1955. During this period he presided at directors' meetings, participated in determining bank policies, and was consulted on bank loans and investments. He decided who was to be hired or fired. In November, 1947, he settled income tax deficiencies and penalties, which had been litigated in the Tax Court of the United States in 1945 and 1946.
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