Theron E. Fell incorporated the Pendleton Wool Scouring & Packing Co. (Pendleton Woolen Mills, Inc.) in 1893 and was a legislator for Morrow County. Collection includes correspondence, 1894-1904, regarding wool business, shipping and the economy, with Cyrus A. Dolph, Charles Fell and Sarah Fell; financial records, 1895-1901.

Records include an account book, December 1888-January 1894, containing an alphabetical list of clients, correspondence, accounts, and real estate transactions; typescript and manuscript correspondence, 1893-1906, between Robert A. Booth, president of the bank, and William Cullum Alvord, Harry Winslow Corbett, C. A. Dolph and Henry Failing, concerning business matters.