Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1913-01-30
NEWLY ELECTED
BANK PRESIDENT
BANKS POLICY IS OUTLINED
he Encourages Dairying and Stock
Raising.

PIERRE, S. D.. Jan. N.-Presldent
of The First State Bank Of White Owl.
at Marcus, S. d., who was raised in the
dairy state of Wisconsin. in letter to
the cashier, encourages dairying in the
White Owl country. 1t is becoming the
general opinion that this advice could
be we'll applied to the entire western
portion of our state.
PIERRE. S. D., Jan. 26, 1910.
Mr.. F. w. PETRICK,
Cashier of First State Bank,
Marcus, S. D.
My DEAR SIR:
In assuming the responsibility as
president of the First State Bank Of
White Owl at Marcus, feel it my OBJ
legation to express the future policy of
our bank.
In the first place we must convey the
impression to our patrons, that in nov
ing to Marcus it was not our intention
to inconvenience the people or discrim-
mate against our former location. Cir
cumstances did not Justify the expense
of new building on temporary loca-
ton, and am sure the customers of
our bank will agree that it was our only
alternative under existing conditions.
Ienjoyed my trip very much, and came
away with favorable impression of
chat country, although the locality is at
a great disadvantage, owing to it's dis
lance from market and railroad accom-
modations. Ibelieve these difficulties can
be overcome by adopting a spirit of CO.
operation in extending telephone con-
nections, mail routes, and improving
the public highways. The greatest i'm
portance to the future of that country
depends largely on our ability to en-
courage individual resources. and rs the
distance to shipping points is too great
for profitable marketing of grain, it is
my judgment that dairying will bring
the best results.
The future policy of our bank must
concentrate its efforts in obtaining
supply of dairy stock, so distributed
among the members of the community.
and to make it easy for them to gain
ownership. 1t is my sincere advice
that you show every spirit of co-opera-
ton in establishing cream station and
in promoting this industry.
While many difficulties NAV cross the
trail of this advice, am satisfied the
proper methods, with little determine
alton, will bring good results.
There is another possibility of great
promise which have in mind, as soon
as the opportunity will permit. and that
is to attempt anartesian WELL, If found
and the water is desirable for irriga-
ton we can little realize the beneficial
results.
1t may also be possible to induce one of
the railroad companies to furnish five
or ten ton automobile truck for regular
tri-weekly freight service. Develop.
ment and success can be measured lust
to the extent people are willing to ap-
ply their good Judgment and co-opera-
ton.
More than all else, we need 4 railroad.
To hasten its coming we must show re-
suits. We must produce tonnage.
Until then. it is my kindly request that
the stockholders and officers Of the
First State Bank Of White Owl at Mar
Gus, extend every effort to boost for
the country, and its development, it's
needed railroad extension, and predict
the awakening is close at hand. We
will all share in the reward.
Yours respectfully.
F. F. REICH.