Ottumwa tri-weekly courier., 1910-02-08
LOCAL BANKER RESIGNS FROM
cAsHiERsHlP OF oTTuMwA MA.
TioNAL BANK TO GO HIeHsa
IN FINANCIAL FIELD.
HAS RISEN FROM
MESSENGER BOY
LOSS WILL BE kEENLY FELT I'M
COMMERCIAL AND SOCIAL CIR.
cLEs HERE--WILL MAKE a
CHANGE IN CENTURY BANK.

Inc presidency of the Century Say
lngs bank of Des Moines, has been ac.
cepted by Leo e. Stevens, who TODAY
rendered his resignation as cashier of
the Ottumwa National bank and the
! Wapello County Savings bank. Mr..
Stevens virtually took up the reins Of
his new position this afternoon al.
though his resignation from the Of
tumWa institutions becomes effective
February Is. This action on the narf
OF Mr.. Stevens Is prompted by the ad.
| dltlonal opportunities Des Moinas OF,
lers. he leaves this city with tho keen
| regret that one feels after years or
pleasant association with MANY friends
and acquaintances.
Assistant Cashier r. w Funk will
handle the duties of his own position
and assist in the cashiership until the
board OF the bank meets. +. III. Reno.
general manager of the Selma Savings
bank, VIII come to this city and assist
I Teller Fred Dimmitt in the duties of
the teller's department.
Mr.. Stevens has been for MANY
years one of 0ttumwa's most active
business men. Entering the First Ma
tional bank in September, 1887. az
messenger boy at $12 month. he
steadily advanced through the various
i positions to that of teller, which he
resigned in January, 1893 to become
assistant cashier of the Ottumwa Ma
I t1onal bank. On July 1, 1898, he was
promoted to the cashiership, and on
February l, 1900 was elected cashier
also OF the Wapello County Savings
]. bank, the savings department OF the
National bank. At the last annual
meeting of the stockholders of these
two banks, held last month. he was
elected director in both institutions.
He is also stockholder and director
IN several smaller outside banks as
sociated with the Ottumwa National
bank.
Heads State Bankers.
Mr.. Stevens Is one of the best
known bankers in Iowa, being now
vice president and acting president,
since the death Of President Easton, OF
the Iowa Bankers association. the
largest state bankers association in
the United States. In 1908 he was
Iowa vice president of the American
Bankers association, and has been on
many important committees of the
state association. Mr.. Stevens has re-
ceiyed many fattering offers of official
positions at large salary from banks
in Chicago and elsewhere during the
past few year,. but this Is the first one
to tempt him to leave Ottumwa.
Il sever my connection with the OF.
tumWa National bank and leave this
city with great regret" said Mr.
Stevens. During my twenty-five years
of banking, | have made many
acquaintances and friends and I very
much dislike to part with them. 1t ia
only the promise of greater oppor
, tunities that Des Moines affords that
influences me to make the change.
think that Ottumwa has just fairly
started to advance, and predict great
things for her, but / feel that I should
take advantage OF this excellent open.
ing, as it affords much for my future,
/ expect to spend most of my time
from now on in Des Moines, but my
family will not move there until later
in the year"
Departure VIII Be Felt.
The position Mr.. Stevens has oc,
cupied in the social and commercial
life of Ottumwa has been such that his
absence will be keenly felt. He served
: four years as city treasurer and four
,, years as treasurer of the Ottumwa
Commercial association, and In both
! capacities he brought to the offices
painstaking desire to accurately per.
form every duty. For many years he
has been active in the Wapello club,
Country club and Elks' club, and the
t loss of his influence and counsel by
; his departure will be noticeably felt.
i Particularly active has Mr.. Stevens
t been In the Commercial association
He has been live wire in this institu-
/ ton from its beginning.
: AS a banker, Mr.. Stevens has gained
2 a statewide reputation, and he will
take to the financial circles of Des
Moines a knowledge of the business
that is certain to make him val
liable addition to the Capital City
: banking fraternity. Associates of Mr..
Stevens state that during his connec-
! tion with the ottumwa National bank,
1