Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-01-13
MOLINE

Bank Increases Stock-Kn increase
in capital stock from S150,O00 to $780,
coo was ordered Tuesday at the an
nual meeting Of the stockholders Of
the Moline Trust and Savings bank
following a year of most gratifying
business. The undivided profits &C
counts shows $4,000 and the deposits
for the year show an increase of s444,-
600 over those of last year, the total
deposits at this time being $1,S02, 900.
The stock is enjoying a per cent
semi-annuaI dividend. The old board
of directors was reelected.
o
Murphy Leaves New York Central
Joseph H. Murphy of this city has re-
signed his position as contracting
agent for the New York Central lines
with offices in Davenport His resig-
nation takes effect the coming Satur-
day. He has no definite plans as to
his future. He intimates that he IS
anxious to give up railroad work, but
admits that he has received a t1atter-
ing offer from another line. Mr.. Muir
ply has been following railroad work
for almost IL years. He was with the
Milwaukee six years and with the
Pennsylvania lines four years. 1t was
while in the employment of the latter
company that he went to the New
York Central lines. He has been with
this company not quite year, hav-
ing gone TO them Jan. q, 1909.
Club Debt CIeared.-The board OF
directors of the Moline club Tuesday
evening ordered the final payment Of
$500 which entirely wipes out the OBJ
legation of $4,000 which the club
shouldered when the present quarters
were taken possession of in 1906. The
debt was contracted for the new fur
nishings and cafe equipment purchased
when c. H. Deere extensively remod-
eled the second and third floors Of the
postoffice building. With this obliga-
ton wiped out the club is in position
to take up the consideration of new
plans toward developing the useful
ness of the organization and its quar-
tiers. The directors voted that a re-
ception be extended the Hon. S. r.
Van SAINT, national commander of the
G. A R., in connection with his visit
here as chief speaker at the ceremo-
MES in celebration of Memorial day in
May.
Record Year for Postoffice.-The re-
port of Myra F. Eastman, postmistress
of Moline, for the year 1908, shows
that last year was the heaviest in the
history of the local office, the receipts
a net gain of SIS, 9S0.45 over
the receipts for 1908. In addition. the
Nome Office sold $15,195.03 worth of
stamps to factories for use elsewhere,
which are not included in the net re
ceipts, making a total gain over the |
year of S34,175.4S. The |
total receipts during the year were 1
S117, 1918, while the net receipts were /
s1O2, 1921 The net gain to the gov |
over all local expenses was /
s75. 056.90. AS a result of the big in /
crease In business. it was necessary /
to secure additional help Inspectors /
we're sent by the postoffice department |
to look into the true situation and as
q result three new carriers, four sub
stitutes carriers and two new clerks
we're added to the force of employees.
o.
Trevor Heads Y. M. c. Adherence
Trevor was elected president of the
Young Mems Christian association 1t
The annual meeting Tuesday. Reports
showed that the year just closed had
been the most prosperous in the his
-ory of the association. All expenses