The Butler weekly times. (Butler, Mo.) 1881-1918, 1903-05-14
SEEKS BROADER FIELDS.
3. D. Kipp Resigned as Cashier Of the
Farmers Bank, to Accept Position
With Financial Institution

E. ID. Kipp rendered his resigns
ton as cashier of the Farmers Bani
to the directory OF that institution al
its meeting Saturday evening, &c
take effect June LIST, 1908.
Mr.. Kipp explained that business
reasons, personal to himself, prompt.
ed him to take that action.
1t is with great regret he relin-
pushes his actual control OF an In
stitution which he had assisted in or.
ganizing and which while under his
management has become one OF the
strongest institutions OF its kind in
this section OF the State.
The announcement OF Mr.. Kipp's
action was o great surprise to our
people and expressions OF regret were
heard on all sides and especially by
q number OF the business men, az he
is recognized as a strong factor in
the upbuilding Of our town and coun-
ty.
Mr.. Kipp has received several very
f1attering offers from large financial
institutions in the past year,
the details Of which viii be given
to the public later. Believing that
be had established the bank in
which his pride was conferred upon
a firm and INSTRUMENTATION his per-
sonal interests induced him to take
this step. He informs Us he will,
however, hold his stock in the Farm
ers Bank and continue to serve on
the board Of directors.
Mr.. Kipp came to Butler a poor
boy, and by his own indomitable
energy, perseverance and ability has
made a wonderful success and estab.
lished a reputation as a safe, conser-
vative and able banker. His stand
ing with the bankers OF the state is
attested by his having been elected
secretary OF the Missouri Bankers
Association at it's last annual meet
ing, which position he now holds.
He has reached the highest point in
masonry, both in the York and
Scottish rite and is a mem Der OF the
mystic shrine. He is a consistent
and working member of the NJ. E.
Church.
Mr.. Kipp is a man OF strong per
sonality, devoted to his friends, an
open and fearless fighter, possessed |
Of high character, with unlimited en-.
ergy and ability, We expect him to |
take his stand among the leading |
fnanciers oil our state and country. |
He leaves for a higher field OF labors
with the best wishes OF our enterpris
ing people, and none more sincerely
than the editor OF The TIMES.
The directors on receiving Mr..
Kipp's resignation passed theiollow-
ing resolutions:
MAY 9TH, 1908.
E. D. Kipp, Cashier, Butler, Mo.
DEAR SIR:-We hereby hand you a
copy OF resolution passed by the
Board OF Directors OF the Farmers
Bank OF Bates county and solicit
your serious consideration.
WHEREAS, We are mindful OF your
efficient and untiring efforts as cash.
Ter OF this Bank from it's organiza-
tion down to the present time cover
ing period of fifteen years; and
WHEREAS, You having increased
the assetsirom the organized amount
Of $4,000 to the magnificent sum
Of $455, 100000 in the face of unusu-
ally strong competition; and in view
Of the high personal regard in which
you are held by the members Of the
beard. Therefore be it
Resolved, 1t is our desire that you
reconsider your resignation rendered
he Board OF Directors as cashier of
ibis Bank. l.
Respectfully submitted,
II pENNurn