, 1877-09-25

assklug fer It sln,nfo. In April, 1872, after the
m'w Constitution lad lcen adopted mil The
ErlntinG OF a,,cr1al charters WAS at m rn'l. ths
bcyanie desirable; anil Mr. lFainrs, who hahsoi.i
ont o! the @tAtc Savings, entered ints, ne9utfa-
tt,,s for tI,c parclH.sc of fhEa nnc. lie hhgitt
u atNtt the ith Of Anrti ri that year. AMI pLhl
[of Il snMc;ltiur like S!!,0J), although ,tnu per-
eOs's hnvc MI nprc.slon that he lnt perhaps
az much nh $i,NN.
ATp NOW fuN 4 mir or cswR,IrEN li1sr,Rr.
Afr. 1lafnes eoll ont Of the State s1yinrs In
JANUARY. lie hAl become fascinated with bank
!nH. l1nwcvcr. and wanted to continue, IN tho
pnsr o. The Tear to Sc L ns eonb p!sk uhs
fund out that iii, tialesI.rg o,.c was IN the
market, AMI that l!e co',ld ri It for reason-
nblc price. rnc difficulty with Il was. llovcvcr,
tlat tic Merchants, Farmess'. ~ Mechanics
Bunk Of f;alcsl'arg lIa.l Inosed up hero some
scnts previous, and was runhing. un,ter tho
ssI!ifuf management u Sydney alyera. Tito
| Fnr,ncrs' q Mechanics would be too cltac m
Imitation Of the title Of the existing bank, nnl
!mi'racttcatle alto to tsse this charter In Chicago
for another reason,-hcrausc the bank vii.
lot,,ted By !, charter u, Mt ualss'M,x.
ynrs, and 1t wa: pHtty eenernlly heidi tint.
whcrd special thartcr stated thh. the otllce NJ
bank nr other institution WIS to c Ut such and
surli place It would be unsafe tn have IT, nan
wna unable to make my use of thia charter unlll
th.
nroyha'ng n .,I "ior sl,anEing tas na"'cs, for
cr.:nssnc Or Decreasing the capital stocK,
fo. Increasing Or decreasing the number Of Dt
reftors a1.t tor ths so',sotI!latton Of inforrnn,;
he eafiy Dart Of isi M r Tic te te spot ;s uurps
ltwns thcn stnel II enahtu9 some ot illc wi.
nj! ngtnn Coal Companies ~ clanEu their names.
Ilc l,'ll sns un!Gr @ tt'e s'argu nt Daniels ot
tlo:lc business ut old will The State Savings In
stttuilu,r, AMI with whom ffufncs Wis a:1l,lnt-
Cd. lie fs believed to hare represented Ilancs'
Interest as well rs thoss u certain Wilmington
cor,orntlons. This till, which ha! been sior
inalt on Tie t1lcs III tho llouse Of Representa-
ttvcs from the sprlng of ls71 until tlIu fall of
that year, became Of spceIal Interest TO Me.
ifhincs. since, II plsscd, 1t would enable him 10
buy tho 1nleshnre el,artcr,. change tlle. bank's
natilr, more Il up here to Chicago, and thus nt
It H. his power to 70 Into the business VI ha,.s
linz I'll an Institution Of which lie WOULD have tho
suHrctno control, anIl wleru tl,tfo wtttltl bc
nnno Of ttose .lisagrconcnta whAeli hal u?cs,-
Savings.
| MS DHor1tER. 4. ~. naINks,
County. At thu t!ne uf the difficulty between
Cor Palmer a,,d the ChraEU authorities, grIw-
| ing oHt.o thu shooting OF C"t trosycnor and
tle use uf United States tsuups by lion. st,cri-
tan, Alr. llnEugs beuAine III carnGst and IN.
1linrhnE BNrp3rtrr ri Gov. palinrr's pulley. mud
stood by hu, without question to tic cn u tho
tuntrst. II waS mt tllch gcernlfy known that
tue rsaso Z; t, wi,y ne %as 80 earnest IN 'is aLyo-
c to niako sure of tho approval ot this b!ll for
changing tho natne* Of corpnratlons wl,on It Ind
succeeded In passlng both Houses. lIu knew as
he |ni!t.cncsd ii nppravtnsa law shcS hs b. BE-.
!i that bis friend. wsfu its sapporssss, S t 5at
hc dld know that, Il tbs tioyernor considered It
its pastago was ticsirc,i BY losc WHO hal sup. @
ported him might turn the scales. Tho hl was
passed, wit!1 tls emergency causc attached, ia
March. l5E4 As'd wont to tho Governor. llo
was q questionable ast,--not t!'at there was any
doubt as to its c0nstisionality, but that pos<i-
bly, It might be used for imprnncr PURPOSES.
Yrs strongly ID i.yor Of It, ani hat Mr. +: If.
lIalMcs Ind stroukly supported him, tlle tov-
crnor stEncd It, anl IL bcc:.nlc law. Ono OF
tho hrst to takc advantage Of It's provisions was
Nj. john &. tlatncs-
QuICK WORK.
The bll! passed. with tho emergency c1ausc
attuchcd. MARCH, 21, 1872, and on. this 4ln uf
.Auril. as state! above, Nj. llafnes concluded
tic pt1rchnso of tho dalesbnEg clnrtcf. This
W" III: " "ns na.ne. rid 1a hold 200 odd shares Of The
stock Of the State Savings. These i,e sold out
f. January; 1s7a, at sas1 M n sl'arr. lle had IN
put into thu new Institution. Tho capital pur-
porss at present to be 500, ,0tU, but no such
amo1nt 'fas ever paid H. Tho amount actually
and II 5p:Ssss{ ] t' + IT. ne stsfs Ssaysa SstTsf at s s
stock hell by Mc.srs. shufcldt, To-Day, Jared
Gage, snl Judge Williams was paid up ia full
any n,Dre than Nj. Haincs'.
TNa vonxAL PROCEEDINGS ron CHANGING THE
NAME
Of the corporation under tf.o now aw arc as fol.
lows, "a they appear On rccoru In the Recorders
0lllrc ln this county:
fa,nxrs' d 3ttehante.' Sartass Ba"k tKaoz
Tals I. 10 ccrtt, that It liz annual mc.t,nc ot
the stocSholda.. of ths inrmers', & Mechaf!eu'
tho':ai II the city q Chicago xpSjl 10. is7s III
tho ttnckhodsss 0olnx prcaens, 4 was unanimous
ssd = s IT, s s1s Ss {, ~ IT. ss yass y
Savings iiank and safe isapo'itory." AMI that by
that name and style, said corpofatlcn. should be
by On set oafled 10 to ess ssestSa rs
fafmers, 4 Mschnnles' Sayings I'ank of Knox
IN x}ncs. Mns:uaf H. eel.cats seucd by
tho rtcsidcn! Aad Cashier. and thy corpo.ato .sal
s. sot' 9s ss'sntG a.sd tht 1D.a
JAHkb ttAoa, Cashier.
TIC seals affixed nro "Tl,c Farmers T. Nc.
chan!cs' Savings Bank OF Knox County," and
Thy mop1ned hea', The ftdeittr, Savings Bank
.1oaa I. iIaiaes. ffa.iient OF ths Farmers l.
ed Ia aa changed to tho Fidelity savings b Safe
pepMltoty. being duly sworn. doth depose AMI my,
which IL #absesited BY him. pnd to which tho cor-
lurato seal Of satd corporation is al1e, IL trle -
thoEe5n statul. .lo!tS T.. lIA,xER.
Tho hank was now organized under liz new
uane, and ready for business. it ha1l Interested
IN 1t besides Mr. i1alnes, Jared n&gu, who had
bcen with him III tho Stata Savings. AMI whu
sold uut his stock In that institution tbout this
time; Judge E. 9. Williams, who II y aalltl
up tho bylaws Of tho Institution. whhl arc re-
uIarkablo for the nov efs which they confer upt1n
the Drsctos;. IL. u. Ahufei,lt, = prominent
dlshlleF: anil Mr.. robey, Ut tie furniture firm
OF fohey d Co. Tho bank hn1i good counao-
tiots, mud jumped quickly into au extensive
business, both coululat.tAl md .tsposEL