Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-07-07
new OFFICIALS.
Hon. VIM. B. Shelton.
Lewiston, Bank Examiner.
Appointed by Governor Friday
to Succeed Mr.. TimberIake,
Uther Appointments, WIN. B. Patterson Of
Wlscasset, John 6ower Of Winthrop.

| was Hldue DIV (HnVpr.
nor Cobb Friday afternoon, of the an
pointment of Hon. William B. Skciton
VI Lewiston to the office of bark ex-
dmlner of the State of Maine, to sue
ceed Hon. Fremont E. Timberlake of
fhillips, whose resignation had ,nat
oay been accepted. Mr.. Undertakes
resignation was rendered to the Cover
nor June u, the text being as follows:
STATE OF MAINE.
Banking Department,
Augusta, June 81, 1906.
10 the Honorable William Il. Cobb.
Governor Of Maine.
Sir:
L have the honor to tender my res
1gnation as bank examiner of the Stat.
or Maine, the same to take effect i'm
iledlafely on the appointment and
qualification of my successor.
1t has been my constant desire, dur
ing the term of my office, to so conduct
the affairs of the department as to mer-
it the approval Of all Interested in the
welfare of the State banking institu-
tons and the prosperity of our State.
While have not accomplished all that
could be wished, the continued growth
and increasing financial strength of
these institutions. under the wise and
economical management of their Off
Gals, has been the source of great
satisfaction. The performance of tho
duties of this office has been a personal
pleasure. and l sever my connection
with the affairs of the State with feel
lnSs of regret. and do so only because
of personal business reasons which
must control.
Through You 1 wish at this time to
express my appreciation of the great
honor conferred upon my by the people
of the State, the uniform courtesy ana
consideration of the officials of the va
rious institutions under the supervision
of the department.. and the valuable
clerks.
Very respectfully yours.
FREMONT f. TIMRERLAKE.
Bank Examiner
In replying to the above Governor
Cobb'S note of acceptance was IS fol
lows:
State OF Maine.
Executive Department.
Augusta. July 6, 1906.
Hon. +. +. Tmberlakc.
Phillips. Maine
Ny dear Mr.. Timberlakc:-I beg to &C
knowledge the receipt Of your commune
cation of the 2lst of June in which you
resign the office of bank examiner of this
State. Several rwecis ago you made me
aware of your cont emplatcd purpose to
take this step, and as you already know,
| have used every argument at my dis
posal to induce you to change or postpone
that decision. Your views, all OF a per
sonal nature and affecting only your own
business welfare. were too strong to be
withstood. and it is with extreme rciuct-
ance that | accept your resignation here
with.
Your services to tho State have been
long and valuable. You have hrougnt
to the administration of an important OF
fice tho progressive methods which mod.
trn business demands. and have coupi''i
with il the wise conservatism upon winch
the banking interests and the public gen
orally are always entitled to insist. ron
b1yc every reason to be proud OF the higii
Standard of efficiency maintained ny TN,
YOU are about TO leitVe. anu
| am sure YOU will take with, You 70
nrivatc life the respect and good Wlshra
Of all those who are ;arnii.''r Win ~
,coro and effect Of YOUR WORK -, ~
want TO thank you personally loi
tho evidences of friendship received d.
vo,,r hands. and to express the nope th i.
Won may meet with deSerNch Su'0'9' -
yo,r new undertakings. rd
Pleas" accept nv ASSURANCES - 'S'
and esteem, and believe me.
Very truly yours; copp
(SgncG0 W.
Mr. Timlcrlake assumed duties "t o.
fee nf bank examiner sept ~ - ~
that time there were lo2 state nihk"lS ''i
c.itutiors. while now there are IN
November %. 1875. the total assets OF all