The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1907-11-21
GIVEN A
VACATION
II. II. Reeves viii Take a Years
Rest to RcCuperdte
G. F. KNAPPEN IS ELECTED
10 ACT as Cashier During Mr..
Reeves Absence

NtcNcc NDOOllJC
AS a matter of information of spe.
cial interest TO the public, the follow
ing statement is issued by the board
of directors of The Bank of Brookings
The friends of the Bank are gen
orally acquainted with the fact that
| i'll health of II. H. Reeves, cashier.
has been such the past year that an
extended furlough from business will
be necessary. At Il special meeting of
the directors of the bank held Novem-
Der ~, 1907, Mr.. Reeves asked for a
! leave of absence for one wear from
January |, 1908 1t was decided bv
the board that il would be best to re-
lease Mr.. Reeves and to elect a new
cashier for the year 1908. According
! ly, Mr.. Reeves resignation as cashier
was accepted.
After canvassmg the situation most
! thoroughly and on account of his spe.
cial fitness for the position, ii was
decided to elect Mr.. G.. +. Knappen as
cashier which was unanimously done.
Mr.. knappen needs no introduction
to the public generally, as two years
of acquaintanceship in the city and Vi
entity and especially with the banks
Of the state has been most favorable.
AS a matter of interest, it Is thought
best to give brief biography that
| cashier
Mr.. Knappen was born in Kalama-
200, Mich July s, 1867 and is the
| youngest son of five children of Rev.
A. A. and Jennie (Stafford) Knappen
of Albion, Mich. Mr.. Knappen's edu-
cation was secured in the public school
and Albion NJ. f.. college from which
institution he graduated in 1887 I'M
mediately after his graduation. he en-
tered the employ of the Sioux Falls
| Savings Bank Of Sioux Falls where he
remained until 1891. From there he
went to Three Rivers, Mich, where he
became assistant cashier of the First
! National Bank of that place I'm 1898,
he returned to Sioux Falls Savings
Bank and later became its cashier.
During this cashiership of several
years, 1896 to 1908, the deposits of the
Sioux Falls Savings Bank increased
from 100000 to over 81 ,000, 900 giving
evidence Of very successful manage
mcnt. In 1898, Mr.. Knappen was made
held examiner Of the loan department
Of the Union Central Life Insurance
Company of Cincinnati Ohio and i'm
1902 he became state manager of same.
AS evidence of his business qualifica-
tons, he has loaned during that time
about $2,OoO,OO0 on farm lands. In
this volume Of business there has
never been a foreclosure started on
any land inspected by him Besides
this, he has loaned considerable money
Tor private investors. In 1903, he Sc.
vered his connection with the Sioux
Falls SAVINGS Bank and moved to
| BrOOkingS, attracted here by the pub
lie school and college facilities and
favorable home life for his family.
Those acquainted with Mr. Knappen
in his business affairs, most heartily
endorse him for his new position and
no doubt better acquaintance be-
tween him and the public will add
strength to the bank
Mr. Knappen was married oct %.
! tn
| Circuit Judge Russell X. and Sarah
! Pealcr Of Three Rivers, Mich. Mrs.
Knappen was also educated at Albion
college.
| Mr. Reeves will continue as director
| Of the bank giving part of his time to
bank affairs.
The board Of directors wish to thank
the public for their past confidence
and patronage given to the bank and
to assure the public generally that the
same policy Of safety and accomodo-
ton that has characterized the bank
in the past will be continued in the fu-
ture.
II. II, Williams
John +. Diamond
A. w Hyde
Mrs. Anna b. Morehouse
II. II. Reeves
Board of Directors of The Bank of
| Brookings.
| T. q. LOveland returned last even
| ing from extended visit at different
| points in Ohio and Wisconsin.