Jasper County Democrat, Volume 9, Number 11, Rensselaer, Jasper County, 16 June 1906 — JASPER SAVING AND TRUST CO. [ARTICLE]

JASPER SAVING AND TRUST CO.

The Organization Hentloned By The Democrat Last Week Now An Established Fact. The organization of the above named institution under the State Law has just been completed and the cash capital stock of $25,000 00 in shares of SIOO each has all been subscribed. The object and purpose of the company will be to accept appointments as trustee, administrator of estates, executor of wills, guardianship of minors and all other trusts created by law or otherwise, to furnish bonds of public officers, to buy and sell real estate, receive money on deposit, in savings department and on time certificates of deposit, both interest bearing, to loan inoney, tp act as agent in the handling of estates, in the collection of rents and in general supervision. The province of the company will be largely confined to making home loans on mortgage security and to the execution of trusts, the stimulation of building by the making of loans and the promotion of the general interests of the city will be a part of the business of the Trust Company, and the men who have subscribed for the stock are of the kind to insure this purpose being carried out. There seems to be an excellent opening here for an institution of this character and The Democrat predicts its success from the start. Temporary quarters have been secured and the preliminary arrangments for opening on July 1, 1906, are being made. Among the subscribers to the stock are the following: John M. Wasson, Harry R. Kurrie, Arthur .H. Hopkins, Thomas M. Callahan, Abram F. Long, Louis H. Hamilton, John R. Phillips, Harry L. Brown, George E. Murray, James N. Leatherman, Addieon Parkinson, Edward C. English, Edward P. Honan, Horace Marble, Abraham Halleck, John O’Connor, C. C. Warner, David H. Yeoman, F. A. Turfler, John W. Tilton, Robert Paiker, Judson J. Hunt, Frank Foltz, Ira M. Washburn, Henry Grow, Charles G. Spitler, Ed. J. Randle, John Pinter, James T. Randle, Emmet L. Hollingsworth. The business of the company will be in the hands of a board of directors of competent and experienced men; which board will be selected from the above list of stockholders.