Rensselaer Republican, Volume 27, Number 31, Rensselaer, Jasper County, 28 March 1895 — A NEW BANK ORGANIZED. [ARTICLE]

A NEW BANK ORGANIZED.

A new State Bank under the name of the Commercial State Bank is in process of organization at this place at the present time. It will be riady for business on April 2nd. The stock-holdere are as follows: Hon. E. P. Hammond, Addison Parkison, Hon. Simon P. Thompson, James T. Randle, George H. Brown, Sr., Hon. Marion L. Spitler, Emmet L. Hollingsworth, Capt. John M. Wasson, George E. Murray, and Geo. K. Hollingsworth. Addison Parkison will be President, Geo. K. Hollingsworth, Vice President, and E. L. Hollingsworth, Cashier. The directors are A. Parkison, G. K. Hollingsworth, J.T. Randle, E. L. Hollingsworth, J. M. Wasson. The responsibility of these stockholders will foot up at least one million dollars, and makes the new bank sound beyond question. It will for the present occupy the room of the Citizens’ State Bank, which is going out of business, but probably within a short time it will remove to a permanent location in the room now occupied by Porter 4 Yeoman’s dry goods store, which will be fitted up especially for its use. The new bank will assume, tbe deposits of the Citizens State Bank.