New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1912-02-21
State Bank of Sleepy Eye ReOr.
ganiZed.

state Bank of Sleepy Eye ReOr.
gained.
An important business change was
this week consummsted in Sleepy Eye
whereby 0. w. Hagen and Mrs. r. n.
Dyckman, the latter of Orange. N. ].
sold their interest 10 the State Bank
to . company of thirty one persons,
mostly business men and farmers.
Mr.. Mo, who has been president of
the bank for years remains with the
newly organized bank The new
stockholders are composed of we'll
known business men, farmers and
local citizens who will give financial
strength and prestige 10 any enter.
prise to which they lend their in.
flnence. The capital stock of the bank
remains the same 100000 and .
surplus of s5,0OOOO. Under the new
management, the bank will begin
business February 18th.
i Following is list of the gentlemen
who make up the stockho ders: George
j. Vollmer, John A.. Helget, Anton
Ruby. Arnold Hillersheim, Christ
Sellner, J. B. Sellner, Otto Meilke,
Fred Harmening, P. D. Raverty, VIM.
Lang, Frank Rombery, Il. F. Meyer,
George Berkner, John M. Remiger,
Henry Wjchstadt, August Kros;hel,
A. J. Stockstsad, Charles Schu-
macher, August Speckman, Joseph
Seifert, all we'll known and influential
farmers; c. L. Gent, q. }. Knudson,
John M. Schroepfer, Albert Hsuser,
Judge l. M. Olson, Hans Larson, Carl
Kleinschmidt, Robert Hose, John
Amann, Ed. F. Berkner and Hans
Mo, all we'll known citizens and
business men Of Sleepy Eye.
The State Bank was started in 1880
by F. 81. Dyckman, who afterwards
took in s. y. Seuddsr as partner. In
1883, o. w. Hagen and Hans Mo be.
came stockholders and took the active
management of the bank, Mr.. Dyck.
man moving back to the east In
1894 the bank was Incorporated as q
State Bank with s25, 900 capital with
the stockholders in the persons Of F.
b. Dyckmsn, o. W. Hagen and HAM
Mo. On the death of Mr.. Dyckman,
some ten years ago, his wife becsm.
one Of the officers Of the sank. After
twenty.six years o. cashier of the
bank. Mr.. Hagen disposes of his
interest and retires. 'f !
The stockholders will meet on Satur-
day and select the officers and
directors who will continue the bust
ness. ,..> .... .... .r e.. ~. .
Under the old management, for over
quarter of century the bank has
been conducted in . manner that
always commended it to the good will
and liberal patronage of the public
During the financial panic that
engulfed many banks in this country
in 1898, and later, it stood as rock,
and the storm that swept q fortune
from both Mr.. Mo and Mr.. Hagen in
in the Sleepy Eye -four mill failure,
the bank weathered the storm and kept
faith with every patron and the public.
Even the recent difficulty that overlook
the Golden bank, did not phase the
State Bank, all going to show that
the two gentlemen, who guided Its
destinies we're true to their friends and
never betrayed the confidence of any.
one. This is . gratifying business
career to look back to, and should be
. lasting monument to the honor and
business integrity of o. w. Hagen and
Hans Mo. ..-...s
With the array OF splendid gentlemen
who compose ito list of stockholders,
the bank will be stronger than ever
and continue to be one Of the popular
financial institutions of the city and
county. Sleepy Eye Herald Dispatch.