St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-13

| EZZNSS7lSlllASHE4B9SGR ~ but it arose
S&&E&Y ~ the spirit of
MI Ec hearty congrat-
M ulation that
REyeR eeRKgM s Mas eVt tIose
who assembled to cast the ballots
The banks have had remark
ably ST &C s sful season. Their re-
serves are far in exc SIS of what many
had expected, and that which concerns
| them most at present. is: How to loan
the large amount of available funds TO
the best advantage. The further eXten-
| sions of business that must naturally
accompany the rood conditions of trade
that now prevail give abundant promise
OF additional activity in financial circles
IN the near future.
The most notable event in connection
with the elections was the acceptance of
Hon. Peter BerkeyS resignation from
the Pc sldency OF the st. Paul National
bank. This was. of course, voluntary
on the part OF Mr.. Berkey, who seeks a
period of retirement from the cares of
active business. Since his service in
the common council. from 1859 to 1871,
he has held many responsible positions,
including county commissioner, legiS-
latOr, president Of railroad, dIrec-
tor IN banks, insurance and trust
companies, Indian commissioners. The
Pennsylvania boy and once canal boat
captain now retireS from the presidency
OF the bank which he founded. 1t is
not SO surprising to those who knew of
his reSlgning from the treaSurership Of
the chamber of commerce and other or
CARNATIONS some time ago. The st.
Paul National was established eight
and one-half years ago. Mr.. Berkey's
resignation has been in the hands Of the
directors for twelve months, and in his
asst letter to the directors he says:
Having desire for quiet and retirement, l
would again respectfully tender my resigna-
ton as president and director of the St. Paul
National bank. The business of the bank
never was in more-prosperous condition
than now. The number of depositors is
larger than ever before. having largely in
creased within the last six months The ag-
gregate deposit is over % per cent higher
than year ago, and the bills receivable have
increased III a like ratio, while the earnings
have never before been as large as at pres
ent
1t is thought by many that f. W. An
derson, now vice president. will take
Mr. Berkey's chair in the st. Paul Ma
tional when the new board organizes
few days hence.
The names Of the directors elected
yesterday are given below, In some
cases where the directors organized and
selected officers, the names of the latter
are also given.
First National
Gilfllan t. B. Campbell, d. c. Shepard, A.
II. Wilder. Theodore l.. Schumacher, II. r..
Bigelow, F. B. Clarke. j. Ii: Sanders, II. E.
Thompson, G.. W; Griggs, W. w. Winter,
Greenleaf Clark, e. H. Bailey.
ofticers-President, Henry P. Upham: vice
PRESIDENT c. d. Gilfillan: cashier, E. II.
Bailey; assistant cashier. William A. Miller.
All reelected.
Second National.
Directors-E. S. Edgerton, A Cowlev. David
Day, Peter Berkey, George H. Ranney. I. P.
Wright, o. o. Cullen, William B. Dean, c. W.
Griggs, F. R. Smith, j. S. Robertson, D. A.
Monfort, Isaac Staples.
The board will organize and elect
officers this afternoon.
Merchants National.
Directors-W. K. Merriam. John L. Mer-
riam: A. H. Wilder, W. S. Culbertson c. II.
Auerbach, T.. B. Scott, E. f. Drake, Z. N
Saunders. A. B. Stickney. r. c. Jefferson, c.
E. Flandrau, F. A. Seymour.
Officers-PreSident, William r. Merriam;
Seymour; assistant cashier, G. c. Power; all
reelected.
National esernan-AUnerican
Directors Joseph Jockey, G.. Wfllius.
William LIndeke, T. Willius. John B. San
born. Z. Knauft, j. Fl. Weed. NJ. Holl, Chan
ming Seabury, W. S; CuIbertson, Fred Dris-
coll j. II. Allen, Alex NJ. Drake j. W. Lusk
John II. Hullsiek, Alex Sternberg f. Weyer-
haeuser, P. Fl. Kelly, I. c. Field.
Board will organize next Monday.
St Paul National.
Drectors-S. s. Eaton, Lucien Warner C.
". Hackett, j. D. Humphrey. +. w. Ander-
son, L. n. Dion. Philip Reilly Bernard
Michel. Ed E. Davidson, R. R. Dorr. j. G.
Quinby, j. A. Eldredge, A. c. Anderson, A,
Y. Eastman, W. a. Naylor.
Commercial Bank.
Directors-A. Scheffer, C. II. Lienau. j.
Middleton, II. Scheffer, r. b. Campbell, Will
lam Hamm, James II. Drake, William Fl.
Lightner, 3. Kuhl, E. A. Hendrickson, A.
Schoch, Il. A. Castle. D. B. Finch, Charles
Steele, D. Aberle.
VIII organize tomorrow.
Union Bank.
Observation-Disclosures Auerbach, Crawford
Livingston, Arnold kalman, James W. Lusk
Frederick Driscoll Robert r. Dunn, H. S.
Johnson.
Election of officers on the 10Th inst.
at 3 O'Clock p. m.
Peoples.
Directors-Ernst Albrecht Henry Habig-
horst SF., John Marty. j II. Schurmeier, c.
E. Rittenhouse, II. l.. Williams, William
ConStanS. George GOD ward.
Ohicers-Pres1dent, c. E RlttenhouSe, vice
president. William Constans; cashier, E. r.
Moore.
Seven Corners.
Directors-William Banholzer. NJ Defiel.
c. II. Bigelow, William r. Marshall, Daniel
Kelly, Henry Orme, g. S. Moore, John NJ
Carlson. B. Zimmerman, c. A. Hawks, W. B.
Evans. j. B. Chapman and z. ". Peet.
Board will organize and elect officers
during the week,
West Side.
Directors-D. d. Merrill, Joseph Minea S.
c. Staples, George Fl. Hosmer. H L. Moss,
a. NJ. Lawton, John Ickler, T. T. Smith, Z
Vanish.
Board will organize on Thursday.
Seandinayian-Aner
Directors-A. E. Johnson, F. S. Christen-
sen, o. .. Searle, Charles l.. johnson, :.
Bergman, Andrew E. Johnson. A. II. Lin
deke. Maurice Lyons j. G. Elmquist, A. L.
Alness, j. A; Swenson; all reelected.
Officers - President, A. L.. Alness; vice
president, A; E. Johnson; second vice presi-
| dent. j. G. Elmquist; cashier j. A Swenson;
assistant cashier. j. B. Jensen.
Savings Bank of st. Paul.
Officers-President. John S. Prince; vice
| president, Thomas A. Prendergast; cashier,
| Edward j. Meier
State Bank oS st. Paul.
| Directors-George Michel, Charles L. Haas,
| NJ. p. RYAN, Charles II. Houck. H. j. Free
! man, Fred Nenru, e l.. Lamprey John He'd
| man, Charles Joy, Lafayette Shaw, Joseph
| Matt.
Will organize in a few days.
Union SfociKyards.
Directors-Wiliam Dawson, Robert A.
Smith, Arnold Kalman, William Dawson DR.,