The daily sentinel., 1903-05-23
UNION TRUST
and BANKING
COMPANY.
is the name of Grand juno
CtiOn'S new financial in
sfifufiOn. win open for
business July ISf. Strong
and conservative director
ate.

and conservative director
ate.
The work of organization of the
new banking incorporation has ad-
vanced so far that its Incorporation
papers have been filed with the secre
tary of state, naming its board of di-
rectors, its incorporated title, and
capital stock.
The title of the new financial insti
tuition will be the Union Trust and
Banking company. The capital
stock has been placed at $50, 900. all of
which was readily subscribed. many
offers to take stock having of necessity
to be refused ON account of the readi-
ness with which the incorporated
capital was taken.
The new institution hopes to begin
business July 1st, or as soon there
after as the necessary arrangements
can be made. mhe new institution,
so far as is known at the present time,
will open its doors in the building
now occupied by the Red Cross Phar-
macy and the Thompson Jewelry and
Music company. The banking room
will be entirely refitted and will con-
tain all the modern furniture and
equipments required by such an in
stitution to do business.
The entire issue of the stock has
been subscribed by the citizens of
Grand Junction and Mesa county
which fulfills the desire of the organ
izers to become home institution.
owned and controlled entirely by
people resident of this community.
The board of directors has already
been chosen and consists of well
known and representative citizens en-
gagged in business i'll this city and
county. They are, G. Van Hoore-
beke, who recently moved to this city
from Carlisle, ILL.,, Mr.. Van Hoore-
beke is gentleman who has shown
his eaith in the city. although a resi-
dent but short time, by beginning
the construction of one of the hand-
soonest residences in the city While
Mr.. VanHoorebeke is practicing at
torney and at the present time mem
ber of the law firm of Carnahan &
Van Hooreb beke, he is not without a
large experience in connection with
financial institutions. In his expert
enec in the legal profession he was
for some years United States District
Attorney for the. southern district of
Illinois; attorney for the Baltimore,
Ohio S. w. railroad for the state of
Illinois, one of the great railway in
corporations of this country and in
which position he was thrown in the
way of financial transactions of large
moment: was director and attorney of
the First National bank. of Carlisle,
Illinois, where he resided for many
years and was also director and attor-
ney for the Union Trust and Savings
Hoorebeke is one of the heaviest stock
holders.
Another of the directors is ]. A.
Lyons, who since his becoming a citi
zen of the county has been foremost in
advancing the material interests of
tne Guy ana county, III erecting Dullu-
ings, and in otherwise showing his
abundant faith of the future of this
city. Mr.. Lyons was auditor of the
state of Iowa for term and had much
experience in financial and business
affairs.
W. E. Dudley is also included in
the board of directors Mr.. Dudley
came to this city from North Dakota,
where he was engaged SUCCESSFULLY in
the banking business. Since coming
here he has become heavily interested
of which large and growing institu-
tion he is the president.
OF those who reside out of town