Coeur d'Alene evening press. (Coeur d'Alene, Idaho) 1907-1929, 1909-01-12
BANKS ELECT
DIRECTORS
n. D. Wright at Head or First
National and New Men on
Board OF Directors


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Three banking institutions 10 the
city held their annual meetings and
elected a board OF directors, and ONE
ers for the year today. They we're
the American Trust company, the Tx
change National Bank and the First
National Bank.
American Trust Company.
The old board OF directors was e.
ected by the American Trust. They
are. F. A. Blackwell, j. II. Harte, Ira
shallis, A. v, chamberlIn and Major
], ]. o'Brien, The same officers were
elected and are; +. A, Blackwell,
president; J, H. Harte. vice president;
A. v. Chamberlin. secretary and
treasurer, and Ira shallis. cashier.
The statement OF the bank shows
II to be in splendid condition, with
a capital stock OF $4,000. surplus
and undivided profits OF Ss,5OO.9g,
and deposits amounting to sI2O,1sa,-
SO. The board OF directors declared
a dividend Of per cent, making to-
tai OF 20 per cent disbursed for the
year.
First National Bank.
The board OF directors elected BY
the First National bank are aa fell
lows; M. d, Wright. Thos. II, Brewer,
5. G Sargent. y. w. Tinkle. J. T. Car
roll. J. T. Sullivan aud A. n. Dupllsea.
The officers elected are: N. D. Wright.
president; Thos. II. Brewer, who was
the last president and who retired
in favor Of local man. and was elect
ed vice president; g. q. Sargent was
elected vice president and manager
and +. W. Tinkle, cashier. ]. T. Car
roll, J. T, Sullivan and A. r. Dupllsea
are new members OF the board OF d.
rectors. All OF them are prominent
business men OF the city aud will add
greatly to the prestige and strength
OF the Institution. Mr.. Carroll Is the
manager Of the Occur d'Alene Lum-
Der company, and Mr.. Duplisea Il the
president OF the Lake City Hardwars
store, and is interested also In a num-
Der Of mining properties and business
concerns In Montana. Mr.. Sullivan IL
a well known business man and rail-
way contractor and IL also the owner
of considerable real estate in the
city. The annual report of the bank
was examined by the board and shows
the bank to be in an excellent condi-
ton. The directors were well pleased
with the report and expressed their
entire satisfaction with the manner
In which the business Is conducted,
which was shown by the reelection
Of s. O. Sargent as manager.
Mr.. Wright. the newly elected pres
ident, has many business interests in
and adjacent TO the city and bis
elevation TO the head OF the bank, to-
gether with the addition Of the
Messrs. Carroll. Duplisea aud suili-
van 20 the directorate gives added
strength and stability TO the instltu-
tion.
Exchange National Bank.
The board Of directors for the Ex-
change National bank Is as follows;
VIM Dollar. J. H. Harte. Thos. Null
Ian. r. A. Mccarty. John d. Taylor.
F. A. Blackwell. n. r. Blackwell. ].
C. White. and r. Il. WhItla. The one
ers are: VIM. Dollar. president: =. A.
Blackwell. hrst vice president: John
y. Taylor. second vice president. and
V. W Platt. cashier. The statement
Of the bank showed = surplus OF So
coo: undivided profits TO the amount
of $4,000. and a dividend Of IL per
cent was declared by the board on the
500 900 capital Of the Institution.