Jasper County Democrat, Volume 22, Number 34, Rensselaer, Jasper County, 26 July 1919 — $60,000 TO BE CAPITAL STOCK [ARTICLE]

$60,000 TO BE CAPITAL STOCK

Because of the large number of subscribers for stock in the new Farmers & Merchants’ National banlrand the desire to accdmmodate as many people as possible within reason, it has been decided, The Democrat is Informed, to increase the capital stock from $50,000 to $60,000, and a telegram was sent to Washington to amend the application for a charter to read $60,000.