People's Pilot, Volume 5, Number 27-25, Rensselaer, Jasper County, 2 January 1896 — Commercial State Bank. [ARTICLE+ILLUSTRATION]

Commercial State Bank.

Upon the announcement, in March, 1895, of the contemplated discontinuance of the Citizens’ State Bank, the only organized banking - institution in the county, the idea was conceived of forming a new bank under the very efficient banking law of Indiana. The promoters of this enterprise lost no time in securing their charter, which was granted Apr. '2, 1895, and the bank opened at 9 o'clock of the same day, duly equipped for business. At, the close of its. - trest three months’ business the Coihercial State Bank had deposits of over $70,000, and their business since then has shown asteady increase. The bank is situated on Washington street, fronting the court bouse park, and has most complete and commodious banking rooms, neatly and substantially furnished The fire proof vault is provided with a first class screw door burglar proof safe. Safe deposit boxes are provided for the accomodation of patrons who have deeds, notes, wills or other val uable papers to deposite for safe keeping. The bank does a general deposit, discount and exchange business, receiving deposits payable on demand, or on time, with Interest. Drafts on all the principal cities of America and Europe bought and sold. Special attention paid to the sale of Eng-

lish and German exchange. Money loaned and good notes bought at current rates. DIRECTORS. All of the directors and stockholders are prominent and substantial citizens of our own town, and are foremost in promoting its interests and welfare. They are all solid in a financial way, and noted for their conservative methods of business. Their connection with this, the only state bank in the county, gives it unqestioned strenght, and it will grow with the town, and merits the growing confidence of our people. Among the stockholders are the following: Addison ParkiSon, John M. Wasson, George K. Hollingsworth, James T. Randle, Emmet L. Hollingsworth, George E. Murray, Hon. Geo. H. Brown and Simon P. Thompson. The-stockholders at their first meeting elected the following directors: Addison Parkinson, president; George *K. Hollingsworth, vice president; John M. Wasson, vice president; Emmet L. Hollingsworth, cashier, and JamesT. Randle. About this time Emmet L. Hollingsworth severed his connection with the McCoy bank to take the management of the Commercial State Bank. # Mr. Hollingsworlh lias had twelve years experience in the banking business in this county, and now has the active assistance and counsel of a board of directors who are , known for their correct business methods, and ample means.

COMMERCIAL STATE BANK. RENSSELAER, IND.