Edwin J. Phelps (1845-1925) was born in Marshall, Michigan, and died in Kalamazoo, Michigan. He was a prominent banker who entered the profession at age 12 when he started work at the Taylor and Wood Bank. In 1884, he organized the Kalamazoo National Bank, serving as president for 39 years until he resigned in August 1923 to become chairman of the board of directors. In 1885, Richard Pengelly, a Methodist minister from Kalamazoo, wrote to Mary Baker Eddy and ordered Phelps a copy of Science and Health with Key to the Scriptures.

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