The Butler weekly times. (Butler, Mo.) 1881-1918, 1908-01-16
TWO SOLID INSTITUTIONS.
Annual Election of Directors OF
the Missouri State Bank
and the Walton Trust
Company.

son. John Deerwester, c. II Drtcher,
]. r Jenkins, A, b. Owen, b 2.
Powell, c II Radiord, Vim. b. Tyler,
Frank NJ. Voris, Vim. E. Walton, j.
h. Walton
The business done by the Bank during the
year 1871 showed thus;
Gross earnings ....,,,........ SIt w
Expenses and taxes paid .........,...... v IS W
Ne, earnings ...............,.. s7.Ss,.as
The largest deposits were during Sep,
TENDER and averaged 90. EGG. ........ s3n ,V0u,OO
The lowest deposits were during De-
cemOer and average ........- szs' ,o".oo
For the entire year the deposits aver.
aged ......... ,. s-,,, so-s, WVW
The Bank was found to he in good
condition, doing safe business and
earning satisfactory dividends,
Mr.. jenkins, cashier, presented his
resignation declining u reelection,
viz:
MIR. Chairman and Board n Direc
tors AID Stockholders OF the Nissou-
-Ii-SlataL R.ak:-Asit Is my Intention
10 define u reelection to the petition
Of cashier OF your Bank to-day, | ieel
that It is right and proper that |
shouldexpress TO you my thanksand
gratitude for the many kindnesses
and iavors you have shown me IN the
twenty.one years | have served as
Cashier. All these years have most
earnestly endeavored TO be iaithful
TO the trust imposed In me have
given you my whole time and the
very best ability | had For my ser.
vices you have paid me a liberal
salary, the books showing that in
the twenty-oue years you have paid
me $50 300 90. This IA quite large
sum OF mony but twenty.one years
il about one-thlrd OF TIE. time and
am left an old man with only "a few
more years TO spend on this side,
Az to the future management OF
the Bank have no doubt that with
she able advice and counsel OF your
president, Mr.. Vim, f. Walton, the
two young men whom you will to-
day select Tor your officers will make
it more prosperous than it ever has
been.
Mr.. Brown Walton has shown much
ability as a financier Mr., Wesley
Denton Is well known to patrons OF
the bank, knows the business and Is
very popular with the people and to
my mir IL the most competent man
In all departments that the bank
ever had.
As an outsider will use all the In
fiuence have for the upbiildlng Of
the bank.
With my best wishes TO all and q
heart full Of gratitude | now turn
back TO you the office OF cashier o.
the Missouri State Bank.
DIRECTORS MEETING.
At the directors meeting the iol
lowing named parties were elected a.
officers and employees OF the bank
for the ensuing year:
VIM. +. Walton. President.
DR.. T. C. Boulwsre, Vice President
j. Brown Walton, Cashier. =
Wesley Denton, Assistant Cashier.
= Corbley Girsrd, Clerk an Book
keeper.
Out Of the net earnings OF she last
seven months six per cent casf
dividend was paid to the stockholi
ers making ten per cent dividend
having been paid them during thu
year 1907.
For the last eleven years the
Gross earning were ..............,.. sl6o, lolI
Expenses anu taxes paid 10, Az
dividends thus:
One year eight per cent.
, Four years nine per cent.
six years ten per cent. am
Besides placing in the surplus fund 81 ,ooo.o
Making she totsl net earnings for tn
entire IL years average eleven and {
quarter per cent year over all take
r and expenses.
The stockholders and director
we're we'll pleased with the bank
: management and It's good earnings
The following resolution was Offer
ed by VIM E. Walton and passed b
8 a unanimous vote:
0 Whereas, Our faithful and efficien
cashier, Mr.. J. r. Jenkins, after twer
/. ty-one years OF continuous service a
cashier OF the Missouri State Bank c
a Butler. Missouri, does now on a.
count OF age and long service desir
4 to retire to private life.
Il Therefore, be il resolved, by tn
. . board OF directors OF the Missoul
State Bank that MIR. jenkins has q
u ways been careful, conservative an
honorable In all his business relt
tions with this bank and its man
: customers, proving himself worthy
. our conhdence-that notwithstant
3 ing he had under his controlIon an a.
erage Of Three Hundred Thousan
9 Dollars, belonging to this institutio
b and It's depositors during the entil
term OF twenty.one years, he new
+ borrowed or used dollar oil 1t NJ
did he In single instance overdra
, his account with this bank-that '
= part with him with regret, tenderir
y him our sincere thanks and be-
l wishes for long life and happine'
= and that this resolution be spree
ON the records OF the Missouri Sta
, Bank as q mark Of our esteem 4