The Oskaloosa herald., 1904-06-30
BUSINESS DEALS
OF IMPORTANCE
oSKALooSA SAVINGS BANK is
RE-oRGANlZED.
PROMOTIONS AT FRANKEL'S.
Harry Sewers Sells His oskalooss
Steam Laundry to Dick Penders
and II. c. France-DetaiIs of
the Changes. 49,,


Frankel State Bank and the Oska.
loosa Savings Bank, and change Of
ownership of the Oskaloosa Steam
Laundry. All are leading institu-
tons Of their kind and the changes
will be noted with interest by every
body in the community. ...
The Frankel State Bank.
Announcement was made today
that Mr.. A. e. Stocker, who has been
assistant cashier of the Oskaloosa
Savings Bank during the past five
years, has rendered his resignation,
to take effect at once, to accept the
offered position of cashier Of the
Frankel State Bank. Mr.. F. B.Snaf-
er, the former cashier through term
Of service of thirteen years, is to be
made vice president of this institu-
ton, with general supervision Of its
various interests. Both parties to
the change are well known to Oska-
loosa and Mahaska county people, and
their solid worth and proven business
sagacity will tend to make the Frank
ell State Bank even more popular than
it has been for the past twenty-five
years.
oskaIoosa Savings Bank.
At meeting of the directors and
stockholders of the Oskaloosa Say
ings bank held Friday evening a num-
Der of important changes were made
and new stockholders admitted. The
reorganization was made necessary
by the recent deaths of the founder
and cashier, Col. J. w. Hammond and
one Of the charter members and vice
president of the organization, Mr.. W.
B. Hadley. Mr.. B. G. Buxton remains
president of the bank, and DR.. S. w.
Clark was elected vice president
Marion ]. Cruzen, who was for q
number of years associated with Mr.
Hammond, but who for the past four
years has been assistant cashier Of
the Frankel State bank, returns to
the Savings bank, as a stakeholder
and cashier. 2.
w. H. Shaw, who resigned last jan
.uary, has returned as assistant cash
fer. r. r. McRae continues as assist
ant also.
Among the new stockholders are
DR.. S. w. Clark, r. R. Hammond, w.
A. Wells, J. E. Buxton, DR.. J. S. Hen
derson and Mr.. Cruzen.
The parties to the changes are all
well known and their financial stand
ing and business relations add
strength to this already strong and
growing institution. The bank will
be continued along the same enter
prising, but safe and conservative,
lines that has marked its successful
existence for the past fourteen years.
The personnel of the present Of
ficials, directors and stockholders is
as follows:
President-B. C. Buxton.
ice-President-Dr. s. w. Clark.
Characterization J. Cruzen.
Assistant Cashiers w. H. Shaw
and R. r. McRae.
Directors-B. G. Buxton, S. w.
Clark, NJ. j. Cruzen, w. w. Eby and
w. H. Shaw.
Stockholders-J. E. Buxton, S. w.
Clark, r r. McRae, NJ. J. Cruzen, r.
R. Hammond, E. M. Hammond, w. H.
Shaw, J. w. Hammond estate, w. B.
Hadley estate, W. A. Wells, w. w.
Eby, Mrs. B. G. Buxton, DR.. J. S. Hen
derson and B. c. Buxton.
nSL cEaasa \ -nnL.,, Cali
The Oskaloosa Steam Laundry on
North Market street, owned and op-
Grated by Mr. Harry Sewers, has been
transferred to the ownership of R. T.
Penders and H. G. France, who will
have full possession Monday morning.
The deal has been pending some time
and was finally consummated this
week.
Mr.. Penders is a former Iowa Cen
trail engineer VINO is we'll known and
popular in this city, where he has
made his headquarters and home
through number of years. H. c..
France has been on the road with o.
kaloosa as his headquarters and is
equally well known The new firm
will make a good team and will be
literally patronized by many friends
who will wish them abaundant sue
cess in their new venture.
The property will be turned over
to the new firm this evening and Sat
urday night and Sunday will witness
some busy scenes about the place.
Extensive repairs are to be made, new
floor are to be laid and other changes
made looking to the betterment of
the plant. A generous use of paint
will make some transformations and
a general renovation will be made.
Some new and modern machinery
for special work Is to be installed as
soon as possible for the accomplish
ing of the best work | N to the up
to-date laundry. Nd rts will be
spared to make the la under the
new management IA tie with the
customers of the city.
Mr.. Sewers, who has nducted the
business successfully ~ the past
eight years, has made other arrange.