Rensselaer Semi-Weekly Republican, Volume 41, Number 8, Rensselaer, Jasper County, 6 October 1908 — Bank Deal Not Consummated. [ARTICLE]

Bank Deal Not Consummated.

The deal looking to the purchase of the Remington First National Bank by the organization that was starting a new state bank In that place, was not concluded Thursday and is now understood to be practically off. If it does not result the men who compose the .new bank stockholders will carry out the original plan of their organization, and start a new state bank, which will have a capital stock of $25,000, and of which Jas. H. Gilbert is to be president and S. G. Hand cashier. The new bank will have as stock-holders twenty-four of the most substantial businessmen and farmers in the neighborhood of Remington.