Devils Lake weekly world. (Devils Lake, N.D.) 1911-1914, 1912-01-05
TRANSACTION IS
NOW COMP }: PL[T[D
J. M. THOMPSON REMAINS AFF11-
lated AS CASHIER AND E. B.
PAGE RET1REs.
F 0URTEEA STOCKHOLDERS
MAJORITY OF STOCK REMAINS IN
DEVILS LAKE - o'coNNoR
BROS. INTERESTED.
FOURTEEN STOCKHOLDERS
Deal Was Completed Yesterday and
Business Will be Conducted Along
the Same Satisfactory Lines Which
Has Marked the Success of the In
stitution During Past Year.

With some changes in the Dew
lis Lake State Bank, the deal being
completed yesterday, the banking in
stitution of this city, which has grown
during the past year with wonderful
rapidity, is now assured greater sue
cess since the majority Of its new
stockholders in the continuation COM
pany and majority OF the stock re-
mains with Devils Lake, the bank thus
ceasing to be- foreign institution.
The change in The enterprise is well
coined among the list of home indus
tries and with the same courteous treat
ment to its patrons in tho future that
has marked the success of the insti-
tuition in the past there is no question
but what bright future is in store
for the Devils Lake State bank.
That its financial standing ranks
among the first is evident from the
fact that in addition to the Devils Lake
capital interested, the O'Connor Bros.,.
who are now interested in banks at
Belfeld, N. D., Sacred Heart, and
Renville, Mimi, are also interested in
the bank here. By the O'Connor bro
theirs is of course meant Edward, Will
liam and Timothy O'Connor, the men
who were responsible in turning over a
million dollars worth Of land in North
Dakota to the Holland Syndicate for
colonizing purposes, the news of which
was sent broadcast as being one of
the largest land deals that has ever
taken place in this state and eclipsed
the land transactions of many other
states.
The three O'Connor brothers are
most pleasing gentlemen to meet, and
the fact that they are now interested
with twelve Devils Lake men ic this
institution is encouraging and will prove
good news to the financial world.
J. M. Thompson, who has been iden
titled with the bank, will remain as
Cashier of the institution and William
Falger was elected assistant. Mr.
Page, who retires with the Gold-Sta
beck people, will probably remain ir
Devils Lake and look after other in
terests. Mr.. Page has many friend:
who will wish him success in any ven
ture he may undertake.
Mr.. J. NJ. Thompson has come to be
one of the staunch business men in Dew
lis Lake and the fact that he will re
main in charge Of the institution is ac
cepted with a good deal Of pride OF
the part of the people of Devils Lake
since his winning ways Of courteous
ness and promptness and the willin!
hand he lends as a builder of the city
and his five years residence here ha
given him faith enough in
the city to warrant his remaining here
i The directors and officers Of the re
organized home banking institution
will be made up as follows: President
Ed. O'Connor, Vice President. William
). O'Connor; Cashier, J. NJ. Thompson
the three directors in addition to tn
officers being II. l.. Schultz, Josepl
Wickert and DR.. c. J. McGurren.
AS will be, seen by the following lis
of stockholders Devils Lake is wei
: represented in the ranks of those N
, terestcd in the bank. The stockholder
J follow:
} Ed. O'Connor, William O'Connor
: Timothy o Connor, J. NJ. Thompson
! z. w. Gilbertson, John Moran, JOSEF
5 Wickert, H. P. Hansen, DR.. G. J. Nj
Gurren, Napoleon Lambert, $