Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1910-03-09
JOHN G. kIRCHEN
NAMED PRESIDENT
OF NATIONAL BANK
MALCOLM l.. MACDONALD RE-
SIGNS FROM LOCAL BANK
ING INSTITUTION.

At the meeting of the directors
of the Nevada First National bank,
held yesterday, the resignation OF
Malcolm L. Macdonald was received
and accepted and John G. Kirchen
elected to fill the vacancy. Mr.
Macdonald's resignation was sub
mitted in the following letter which
also contains his reasons for desir-
ing to sever his connection with
the institution he has so long been
an officer and director:
To the board of directors of the
Nevada First National Bank of
Tonopah, Tonopah, Nevada.
Gentlemen: l find that my bust
ness arrangements are such that it
will be impossible for me to be in
Tonopah for the next year or So
except at intermittent periods. |
feel that the responsibility of the
position to which you so kindly
elected me demands the close per.
sonal attention of some one who
can be constantly on the ground.
I regret that my engagements are
such that l cannot give it this at,
tention, and l therefore feel it my
duty to place my resignation as
president and director in your
hands with the request that the
same be acted upon at your earliest
convenience
l have a just pride in the won
derful growth and splendid condi
ton of our bank, and I shall al
ways remember with sincerest pleas
ure the perfect harmony which ha
always existed among the Officers
and directors.
Very respectfully,
MALCOLM L. MACDONALD.
The following resolutions were in
troduced and adopted
Whereas, Mr.. Malcolm l.. Mac
donald, president of this bank, ha
found it necessary, on account o
enforced absence from Tonopah, t,
tender his resignation to this boar
of directors as president and as
director of the bank; and
Whereas, we fully realize tn
force of the reasons which have i'm
PEELED Mr.. Macdonald to tender sue
orr oh he
Resolved: First, that the resie
nation of Mr.. Malcolm l.. Macdor
aid as president and as directo
of this bank be and the same
hereby accepted
Second, that in accepting sue
resignation, we express our deep re
greet at the necessity of such a
act on his part and take this occa
sion to express our appreciation Q
the valuable services he has rend
cred the institution, both as presi
dent and as director, and to eX
tend to him our best wishes TO
his continued prosperity.
spread upon the minutes and
copy thereof transmitted to MI
Macdonald.
Mr.. Kirchen, the new presiden
has been connected with the ban
as a director for several years an
at the regular annual meeting
60 r. wiz
president. AT the present time h
also occupies the responsible pos
ton as general manager of tn
Tonopah Extension and Montgomer
.Shoshone mines as well as bein
consulting engineer to numerou
other properties. While perhaps tn
youngest member of the directorate
his ability to assume the respons
bilities of the new office, is I'll
questioned. He commands the r,
spect of his business associates
all dealings to such an extent tn;
he may be termed as sticker II
honesty and straight dealing. 1t
doubtful IL a more worthy SucceSS(
to Mr.. Macdonald could have bee
chosen.
R. T. Harris, cashier of the ban
was elected vice president to f
the vacancy, but will continue wit
the cashiers duties. The office
of the bank are as follows:
John G.. Kirchen, president; IL
Pittman, first vice president; X.
Harris, second vice president ar
cashier; w. A. Clark and j.
Monteath, directors.