The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-01-13
BANK Ell EOTIONSo
The Old Boards Reelected In the EV-
ansVfIIe and First National.
A Sharp Contest in the Merchants,
and the Old Board Defeated.

FIRST NATIONAL. - The annual
election of Directors for this Bank,
as required by the act of Congress.
took place yesterday. There being
no opposition, the old Board was re
elected, with the exception of Gill;
son Maghee, removed from the city,
and Cyprian Preston, who declined
reelection. The gentlemen chosen
in their places were Thomas r. Gar
vim and s. e. Gilbert. The Board of
Directors as now constituted is as
follows: J ohm s. Hopkins, Robert
Barnes, Charles Viele, F. w. Sawyer,
NJ. J. Bray, Alvah johnson, John
Ingle, Jr., Thomas e. Garvin and s.
E. Gilbert. The new Board holds its
first meeting tomorrow night, and
will doubtless re-elect the present
officers, who have managed the affairs
of the Bank with so much prudence
and success the past year.
MERCHANTS NATIONAL. = There
have been indications for some time
past that the election Of Directors for
this Bank would occasion a warm
contest. A difference of opinion or
interest, existing among the stock
holders for two years past, eliminated
in the creation of two distinct parties,
which have been preparing quietly,
but vigorously. for a contest for the
control of its affairs at the annual
election. Owing to this influence the
stock of the Bank has been sold with
in the past two weeks at unprecedent-
ed, and, under other circumstances,
unwarranted prices, some of it hav-
ing passed hands at prices as high
as $50. From the intimations in
the Courier of yesterday, apparently
semi-ofical, it would naturally
have been inferred that the late
President and old Board had
conceded the success of the outs. .
and would make no contest. But this
morning the forces were compactly
marshalled on both sides, and there
was apparent disposition on the part
of the "ins . to maintain their as
cendancy, if possible. His Honor.
Mayor Walker, who has been GUS
toner in this bank during the past
few months to the extent of about
100000 discounts at a liberal bank
rate, led the fight for the old Board.
and voted nearly all the stock of the
ms" by proxies. G. r. Bement,
Esq, cast the greater portion of the
outs " in the same manner. The two
tickets were as follows: Richard Ra-
leigh, w. J. Dallam, Isaac Keen, E
p. Carson, John A. Reitz, j. FL. Nor
gan, TT. Hollingsworth. j. G.Venne
man and J. j. DeBruler, representing
the old Board; and opposing them
. G. r. Bement, Matt. Henning, John
j. Chandler, j. HI. Morgan, Peter
= Semonin, j Aug. Lemcke, A. Maroon
t nier, w. Ell. p. Stoddard. and VIM. G
Brown. The election resulted in the
defeat of the old Board, the average
vote being 1,575 against IT'S. John
! Ell. Morgan received the vote of al
q the stock voted, and Thomas j. Hol
! lingsworth was, by special arrange.
n mont, elected in place Of w. G
f Brown. Every stakeholder voted By
f proxy or in person, but one, and h
f declined to exercise his privilege.
e At a meeting of the new Board, las
: night, G. r. Bement, Esq, was electe
i President of the bank, aud the selec
n ton of the other officers was deferret
! till another meeting.
THE EVANSVILLE NATIONAL BANK
IS There was a unanimous vote for Di
: rectors in this bank, and the oil
J. Board was reelected, except that MI
n Dunkerson was chosen to fill va
h cancy. The Board is as follows
0. George w. Rathbone, Samuel BayarC
J. Samuel Orr, DavidslJ. Mackey. Mat
3 thew Dalzell, VIM. Heilman, Samut
: NJ. Archer, George R. Preston, an
TT Robert X. Dunkerson.
10 At an evening meeting of the BoarC
he the old officers were reelected: Ger
W. Rathbone. President Samut
lie Bayard, Vice President; John {
d Kennedy, Cashier.
err The bank enters upon the new yes
is in prosperous condition, and. unde
lie the management of these old and e1
perienced financiers, will doubles
prove profitable and satisfactory |
OF the stockholders.
70