Evening Republican, Volume 17, Number 36, Rensselaer, Jasper County, 11 February 1913 — PROCURED CHARTER FORM NEW BANK [ARTICLE]

PROCURED CHARTER FORM NEW BANK

J. D. Allman Returned From Indianapolis With It-J. N. Leatherman to Be Cashier.

Jesse D: Allman, former county treasurer and one of the organizers of the new bank, was; in Indiaiapolis Monday and there procured a charter for the bank, which will be named the Farmers’ State Bank, of Rensselaer, Indiana. It'was incorporated with a capitalization of $35,000. James N. Leatherman, former county auditor and since leaving that office An employee of the First National Bank, is to be the cashier of the new bank, and has tendered his resignation to the First Nation al, of which he was elected the cashier only a few weeks ago. Mr. Leath erman was not a stockholder in the First National, but will have considerable money invested in the new bank, it is understood. The other officers of the bank, it is reported, are to be R. A. Parkison, president, and J: D. Allman, assistant cashier. It was definitely decided some time ago to occupy the Harris •building, now occupied by Dr. J. Hansson, who will vacate it on or before March Ist. The furniture in the bank, which' was used in the Harris bank, will be used in the maim being revarnished and put in first-class condition. The bank organizers expect to be ready to be-' gin business by the middle of March. While Mr. Leatherman had notified the First National some time ago of his intention of going with the new bank, his successor has so far not been chosen and he is still at that bank. The Republican this afternoon was informed by F. L. Hollingsworth, president of the bank, that he had no information to give out for publication at this time " ■ - ““ - ‘