Evening Republican, Volume 18, Number 12, Rensselaer, Jasper County, 14 January 1914 — FIRST NATIONAL ELECTS DIRECTORS [ARTICLE]

FIRST NATIONAL ELECTS DIRECTORS

Number Increased From 7 to 9, the New Directors Being J. D. Allman and Fred Waymire.

The First National Bank held its annual stockholders’ meeting Tuesday evening and 562 of the 600 shares were represented. On motion the number of directors was increased from seven to nine and the election of directors resulted as follows: R. A. Parklson, J. N. Leatherman, A. E. Coen, Geo. E. Murray, D. S. Makeever, Edd J. Randle, E. P. Honan, J. D. Allman and Fred Waymire. Messrs. Allman and Waymire are the two new members of the board. It was decided to make application to become a federal reserve bank and a resolution to that effect was unanimously adopted. This is to comply with the new currency law. A report of the business of the year was made and the stockholders expressed themselves as being well pleased. After the adjournment of the stockholders’ meeting the directors were sworn in and they then proceeded to organize by electing R. A. Parkison, president; Geo. E. Murray, vice president; J. N. Leatherman, cashier, and J. D. Allman, assistant cashier.