The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1910-01-12
ELECT DIRECTORS
FOR YEAR
STOCKHOLDERS OF THE FIRST
NATIONAL BANK HOLD AN.
kUAL MEETING.

The stockholders Of the First Ma
ti0nal bank held their annual meeting
yesterday and chose a board Of direct
ors for the ensuing year. Owing to
the absence Of several Of the newly
elected directors the election of Of
ficers was postponed and will be held
this morning The meeting yesterday
resulted In the election Of the follow
ing board: A. b. Hammond. c. II.
Mcleod, a. II. wethey. II. +. Samuels.
Edward Donlan, II. s. Lusk and Edgar
a Newton.
The First National bank viii still
he bank for the people" said F. s.
Iusk. one OF the new directors Of tho
bank yesterday following the meeting.
The money which we have i'm the
bank belongs not to us. but to the
depositors and it will be used 50 far
as possible in way which will bene
fit the depositors and the community
The First National bank has always
been n strong booster for Missoula and
for Missonla people and the future will
see no change in this policy save for
the better"
Following the meeting yesterday ii
was formally announced that the sur
plus fund Of the bank had been in
creased from 100000 to s200.000. thus
making the combined capital and sur
plus 100000. The stockholders also
decided to increase their banking room
by taking in the storcroom now oc-
cupiea by J. W. Lister. making the
whole room a0x10 feet At least $780,
900 will be spent in remodeling the
bank and when the work is finished
the banking room will be one Of the
finest. safest and most modern of its
kind in the northwest.
The new list of directors contains
names which are familiar to Missoula
people. The men who compose the
board have all made for themselves
enviable regulations in the west and
In Missoula and their connection with
the bank Is surety of the policies of
the institution.
f. s. Lusk the heaviest stockhold-
er in the bank has lived in the west
since 1876. He has of late years been
prominent in railroad circles. The
firm of Streeter & Lusk built a large.
portion of the Puget Sounds road
through Montana and had other big
contracts throughout the west. Mr..
Lusk came here while the Puget Sound
was building its road and has made
his permanent home in Missoula. Al
ready he has distinguished himself as
a good citizen and a consistent booster.
A. b. Hammond has been at the
head of the bank. and of the Missoula
Mercantile company for a great many
years and has figured, perhaps. more
prominently than any other one man
in Missoula's development c. II. Nc
Leod is the present head of the Mis-
soula Mercantile company. and one of
the foresmost business men of the
city. A. ii. Wethey of Butte. as the
representative of w. A. Clark. has
many business interests in Missoula
and Is well known to Missoula people.
II. f. Samuels is a prominent mining
man of the Occur dAlenes and rs
president of the First National bank
of Wallac has had long banking eN-
perience. Senator Edward Donlan is
another business man of prominence
whose presence on the board is of
great importance. T.. A. Newton has
been cashier of the bank for nearly
three years and since making his home
here has earned an enviahle reputation
as a business man.
The board of directors as a whole
could not be made up of a more rep
resentative lot of business men. Every
member has associated himsely nromi-
nently with the development OF the
state and each of them Is admirably
fitted for the position he holds in the
First national bank. The election of
officers will probably take place this
morning.
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