Evening Republican, Volume 22, Number 161, Rensselaer, Jasper County, 10 July 1919 — NEW COUNTY DEPOSITORY [ARTICLE]

NEW COUNTY DEPOSITORY

FARMERS’ NATIONAL BANK AT REMINGTON DESIGNATED BY COMMISSIONERS. ! At their meeting Monday the t county commissioners granted the . petition of the Farmers’ Nations i Bank of Remington and that institution is now one of the authorized county ’ depositories and their bond in the sum of SIOO,OOO has been approved. • This makes the sixth bank in Jasper county which is authorized to receive county monies. The other banks are the Trust & Savings, the First National and State banks, of Rensselaer, the State Bank of Remington and the Bank of Wheatfield. The Farmers’ National bank of Remington was organized March 31, 1919. The capital stock is $30,000 and surplus $.3,000. The directors of the bank are W. C. Smalley, George L. Hascall, A. P.. Rainier, A. R. Sheets, W. A. Stitz, Elmer Johnson and Charles Watson. The officers are: W. C. Smalley, president;' George L. Hascall, vice-pres-ident, and Elmer Johnson, cashier. The bond filed as surety as county depository is signed by the above directors and Ira D. Forry, James H. Chapman and Charles H. Peck.

The bank is located in the .business room purchased of George Worden. The building has been and a fine stone front has been added. This makes two banks for Remington, the State .bank being the other financial institution. That this bank has been prosperous is assured by the fact that last year their dividends amounted to twenty-five per cent of the capital stock. Remington is a mighty good town. It is located in the heart of one of the very richest agricultural districts in the state. That the older institution will continue to prosper there can be no doubt and the personnel of the new institution assures its success.