Part 93 (2/2)

The State Bank of Central City was organized January 17, 1906, with P.

G. Henderson, president; E. K. Hatch, vice-president; Ed. Leclere, cas.h.i.+er; A. T. Minehart, a.s.sistant cas.h.i.+er, and P. G. Henderson, E. K.

Hatch, F. W. Blakely, O. R. Barber, Eugene Doe, H. L. Shakespeare, and E. E. Henderson, directors. Since that time there have been but few changes in the officers. At present the officers and directors are: P.

G. Henderson, president; Eugene Doe, vice-president; F. Leclere, cas.h.i.+er; H. F. Lockwood, a.s.sistant cas.h.i.+er; E. G. Henderson, Eugene Doe, O. R. Barber, H. L. Shakespeare, W. N. Goldsberry, Anton Falcon, and E. E. Henderson, directors. When the bank was organized it took over from the Bank of Central City deposits to the amount of $72,802.29. The bank has grown steadily, and the deposits are now over $350,000.00. Originally the capital stock was $25,000.00, which was increased to $35,000.00 in July, 1909. The stock is owned by forty-one farmers and is conducted princ.i.p.ally for the farmers. It opens at seven o'clock in the morning and does not close until six o'clock in the evening.

The Linn County Savings Bank, of Center Point, was organized April 23, 1906, with L. Gilchrist, president; W. Langsdale, vice-president; Homer Pitner, cas.h.i.+er, and J. F. Stauffer, a.s.sistant cas.h.i.+er. Owing to the resignation of the cas.h.i.+er, J. F. Stauffer was later made cas.h.i.+er, and E. E. Silver, a.s.sistant cas.h.i.+er. The capital stock is $20,000.00, and the bank has a surplus of $3,000.00.

[Ill.u.s.tration: THOS. J. McKEAN]

[Ill.u.s.tration: N. W. ISBELL]

[Ill.u.s.tration: WM. GREENE]

[Ill.u.s.tration: O. S. BOWLING An Old Cedar Rapids Settler]

The Fairfax Savings Bank was organized May 15, 1907, with a capital of $10,000.00 and with officers as follows: H. N. Woodward, president; Henry Lefebure, vice-president; Charles Young, cas.h.i.+er; Lewis Stallman, Joseph Vorel, J. F. Dvorak, William Park and D. J. Cahill, directors.

On August 1, 1908, G. W. Storey was chosen cas.h.i.+er in place of Charles Young, resigned. C. J. Knickerbocker was elected a.s.sistant cas.h.i.+er in September, 1908. The directors today are: James M. Rogers, E. J.

Cahill, J. F. Dvorak, Joseph Vorel, L. F. Lefebure, H. N. Woodward, and Henry Lefebure. The bank has grown steadily since its organization and now has deposits amounting to $100,000.00.

The private bank of Stuckslager & Auracher, of Lisbon, was founded in 1874 with Harrison Stuckslager as president, and Gotleib Auracher as cas.h.i.+er. The officers today are W. C. Stuckslager, president, and John Auracher, cas.h.i.+er. It has a capital of $100,000.00.

The Alburnette Savings Bank was organized in April, 1908, with E. M.

Lanning, president; Samuel Maier, vice-president, and Geo. F. Miller, cas.h.i.+er. There has been no change in officers except that W. F.

Stauffer was elected a.s.sistant cas.h.i.+er in August, 1909. The bank has a capital of $15,000.00, and a surplus of $1,500.00. It succeeded the Alburnette Bank, which was a private inst.i.tution, and has enjoyed a steady growth.

The Prairieburg Savings Bank was organized October 1, 1904, with C. L.

Niles, president; H. F. Came, vice-president, and F. J. Cunningham, cas.h.i.+er. There has been but one change of officers, C. E. Buckley being the present cas.h.i.+er. The bank has a capital stock and surplus of $14,600. Its growth has been steady and satisfactory.

The Bank of Troy Mills was organized in March, 1908, with Floyd J.

Ware, president, and Thomas A. Ware, cas.h.i.+er. These, with Marie R.

Ware, a.s.sistant cas.h.i.+er, are the present officers. The inst.i.tution has a capital stock of $20,000.00, and a surplus of $5,000.00.

The Coggon State Bank was organized in 1892 with Jacob Mangold, president; G. A. Schenkowitz, vice-president, and H. T. Brainerd, cas.h.i.+er. The present officers are S. N. Goodhue, president; J. H.

Ehlers, vice-president; D. D. Johnson, cas.h.i.+er, and Wallace S.

Hamilton, a.s.sistant cas.h.i.+er. The bank has a capital stock of $25,000.00, and a surplus of the same amount. It has deposits of nearly $300,000.00.

The Exchange Bank of Springville was established in 1878 by Joseph S.

Butler, with a capital of $25,000.00. The firm name of the owners is J.

S. Butler & Son, with C. F. Butler, president, and Sam James, Jr., cas.h.i.+er. It has a capital stock of $75,000.00 and resources of $400,000.00.

The Exchange State Bank of Walker was established in 1885 as a private bank by H. J. Nietert, and was organized as a State Bank March 1, 1907.

The present officers are H. J. Nietert, president; Martin Schneider, vice-president; Theo. W. Hawkinson, cas.h.i.+er; H. J. Nietert, Martin Schneider, Henry Fairchild, E. N. Beach, William Trevor, John B.

Michael, Theo. Hamblin, Chas. O. Barry, and Adam Zimpfer, directors. It has a capital stock of $50,000.00, a surplus of $5,000.00, and undivided profits of $10,000.00. It is worthy of note here that this was one of the few banks that met their payments in cash during the panic of 1907.

The Mount Vernon Bank was organized January 16, 1884, by William Smith, James Carson, and H. H. Rood, Mr. Carson being the president; Mr. Rood the vice-president, and Mr. Smith the cas.h.i.+er. The officers today are: W. C. Stuckslager, president; D. L. Boyd, vice-president, and Chas. M.

Hartung, cas.h.i.+er. The bank has a capital stock of $100,000.00.

<script>