Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1889-05-24
FIRsT IL ATIoNAL BANK,
Al, Institution Greatly Credita-.
bic to Little Falls.

The First National Bank Of Little
Falls received its authority from the
Gomptrollerot the Currency at Wash
Eington and opened its doors for the
transaction Of business on Til esday
morning, May 81. They will for the
present occupysthe same banking rooms
formerly used by the Bank Of. Little
Falls, they being the successors Of that
Bank. Their capital stock is $50, 000.
which amount the stockholders are
ready to increase to any sum the busi-
ness may demand. Tho officers, A. D.;
Davidson. PRESIDENT: Mare Hubble rt,
vice president; and A. r.. Davidson;
| cashier, are all men Of several years
banking experience, and we bespeak
for the bank prosperous career. -
The directors are P. W. Blake. G. A.
Lindbesgh, Marc Hubert, A. K. David
son, M. NJ. Williams, Wan. Davidson,
c. Fl. Hubert, all of Little Falls; A. D.
Davidson, H. Thorson, NJ. E. sTrumer,
all of St. PAUL; Fl: c. Garvin Of Winona.
The Bank of Little Falls had been in
! business here little more than n year,
but by good management and popular
business methods it had attained pros
perity and standing seldom secured by
a business house in SO short Il time. BY
the steady increase i'll patronage by the
business men Of Little Falls and the
citizens of the county it enjoyed sea-
son OF prosperity very satisfactory to tho
proprietors, and III return for the con-
fdence placed in the institution, and in
response to the demand of the business
and the best interests of the city, it vas
determined to increase the capital
stock and create National Bank.
AS will be seen by the names OF the OIL
GERS and directors, many of the most
substantial business men of the city are
now interested in it, Under the strict
regulations of the laws governing Ma
tiou;l banks, they are Everywhere ac-
| corded Z reputation for safety aud reli-
ability that IS not possessed by private
banking houses, and it is for this reason
that the organization Of a national bank
| here should be appreciated by all our
people and be given hearty support.
School,, BONDS FoTEp.-A small num-
Der of citizans attended the special
school meeting on Monday evening,
which was called for the purpose Of de-
Gliding on the erection of an addition to
the present school house, and of voting
bonds to pay the eHprnse Of said
erection. After some discussion it was
voted to build the addition and it was
also voted 10 issue 5000 bonds to pay
for the same. When the question of
added school room first came up it was
thought that it would be advisable to
put in some other system of heating
| than stoves, and an examination of the
Ruttan hot air system convinced the
board that it WAS the best. A diagram
| Of the building was furnished the manu-
facturers, and it was then learned that
the apparatus supplied by the COM
pany would cost nearly 81 800, and that
an additional expense of 81 800 would
have TO be incurred to place the system
in the buildings. at such prospective
outlay the plan was Immediately aban-
doned, AMI the issuance Of s., 900 bonds
is all that will be needed to complete
and furnish the addition according to
the plans OF the board. Bids will be
advertised for as soon as the plans and
specifications are completed, and con-
tract let within a few weeks. The build
ing viii be entirely completed and fur
nished before the fall term Of school
opens.