Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1912-09-26

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of our bank was presented by p A.
Orion of this city, having been duly as
signed to him
We do not know the price paid by
him, nor do we know any property
owned by her
Respectfully yours,
GEO f. WEST,
President
The First National BAN. of Darlington,
Darlington, Wis, Sept. II, 1912.
c. L. Williams,
Bluefeld. w. Va.
Dear Sir:-I have your letter of Sept.
9th. 1t is true that on the 30th day of
October, 1909, / bought from Mrs.
Parkinson fifteen shares of the capital
stock of the Citizens National Bank of
Darlington, paying her for it l25
The history of the transaction is this.
October 25th, 1909, Joseph M. Boyd,
president of the Bank of Wisconsin at
Madison, wrote our cashier the follow
ing letter:
Bank of Wisconsin.
Madison, Wis, Oct. Is, 1909.
M. H, Michaelson, Esq,
Cashier First National Bank.
Darlington, Wisconsin.
Dear Strive are asked by client
of this bank to secure for him an offer
upon some shares of stock in the Citi-
zens National Bank of your city. The
book value of the stock seems to be
better than $3.50. VIII you kindly let
us know If you can secure an offer for
ten or fifteen shares of this stock, and
oblge? Yours respectfully,
JOSEPH M. BOYD, President.
This letter came into the hands of
my son Robert h. orion, who is vice
president Of the First National Bank.
My son referred the matter to me and
| told him | would give l25 for the stock
and no more. So far as ] know this is
the highest price the Citizens stock had
been sold for at that time, although its
Goth of October, wrote Mr.. Boyd the
following letter:
October 26, 1909,
Joseph M. Boyd,
Pesident, Bank of Wisconsin,
Madison, Wis.
Dear Sir:-Your favor of the 25th
inst to our Mr. Michaelson has been
handed to me for answer
The highest price paid for stock of
the Citizens National Bank, so far as
the same has come to our knowledge,
is 1875. We believe that this is the top
price that the stock has ever brought.
If your client is interested in an offer
of l25 we believe we can sell 10 or Is
shares at that price. If interested
please take it up with us further
AS it is rather delicate matter to
pass on the value Of the stock of a
neighboring bank, we trust that you
will treat this letter as strictly conf
Dental, Awaiting your further favors,
Very truly yours,
r. e. ORION,
Vice-President. "
On the 9th Of October, Mr.. Boyd
replied to my sons letter inclosing the
certificate of stock assigned TO Mrs.
Parkinson and stating that she thought
she must have $500 for it. This de-
clined to give and my son called up Mr.
Boyd on the telephone and informed him
that he could get only 1875. Mr. Boyd
by telephone agreed to take l25 and
October Both, 1909, paid for the stock
and my son RENTED to Mr. Boyd 1875,
for the stock, enclosed in the following
letter:
Darlington, Wis, Oct. 30, 1909
Joseph Nj. Boyd,
Pres. Bank Of Wisconsin,
Madison, Wisconsin.
Dear Sir We have today sold the
stock of the Citizens National Bank at
| l25. After our conversation of yester-
day. we tried 10 get our customer to
give the $500, but he declined TO give
more than the l25 fat, and as he was
ready to take the stock up at once, we
| closed the deal.
We enclose herein our milwaukee,
draft for s1875 to cover this transaction.
Please acknowledge receipt and Obhge,
Very truly yours,
r. Il. ORION,
Vice-President.
November LIST, Mr.. Boyd acknowledge.
the receipt Of the remittance.
This closed the transaction. The taxei
for 1909 became due in January, 1910.
was not asked 10 pay them and Of
course was not liable to pay them. Per
sonal property taxes being assessed
against the Individual and not following
the individual ! suppose the tax va
returned as delinquent and the sheriff
under a warrant, called upon Mrs. Park
inson for payment. Her HUSBAND
thought ] should pay the tax, or at leas
part OF it and 50 wrote me ! de
cIined. however, 70 do it and suppose
, Mrs. Parkinson paid the tax
| never had any knowledge VII
s owned the stock offered by Mr.. Boy
until the certificate was received by m
Son as vice-president Of our bank and
never knew that Mrs Parkinson was
stockholder in the First National Ban
y Of Mineral Point until long after tina
D time.
/ am entirely free from any purpos
10 assist Mrs. Parkinson in dispOsing {