The Butler weekly times. (Butler, Mo.) 1881-1918, 1917-01-11

Freeman Walton, Miss Jessie Nix,
Mrs. Grace Walker, Earl Carson,
r. +. Mooney, G. S. Ewin, R. c..
Burris, Victor Burris, Ivan Ray
and c. A. Allen.
Strong Institutions.
The Missouri State Bank which
has the distinction of being the
oldest bank in Bates county is
one of the strongest in this Sec
ton Of the state. Since it's organ
ization thirty-six years ago it has
had a healthy, steady growth up
to the present time and the last
official statement of the bank
shows deposits of over four hun
drcd and thirty-ninc thousand
dollars and a surplus and profit
fund of forty thousand dollars.
The capital stock Of the bank is
$5O,O00.O0 The officers and en-
ployees of the bank are we'll
known to our people as honorable,
substantial citizens, all of whom
have held positions Of responsible
ity and trust ably and efficiently,
and who have contributed large
ly to the success Of the institution
by their unfailing courtesy, good
business Judgment and accomo-
dation.
The Walton Trust Co., which as
a financial institution, ranks in a
class by itself in rural Missouri,
was organized about twenty years
ago and is the outgrowth of the
abstract and loan business organ
lied by it's former president, VIM.
+. Walton forty years ago and
since it's organization although
millions of dollars Of loans have
been handled for investors, no
purchaser of any mortgage or
loan made by them has been al
lowed to lose one cent OF princl-
pal or interest. The capital, sur
plus and profits of The Walton
Trust Company now amount to
nearly half million of dollars and
there is now on the books of the
company loans aggrcgating over
ten million dollars.
New President A Young Man.
J. b. Walton, the newly elected
president Of the institution, al
though a Young man has, by his
aggressive ability, forced for him
self a recognition in financial cir
cles throughout the country as
one of the substantial financicrs
Of the middle west. Through
his intimate acquaintance with
eastern capital he has iden-
titled himself with the lead
ing financiers of the country
and has been elected member OF
the Board Of Governors for the
Farm Mortgage Association OF
America. For several years
he was an active member OF
the firm of Walton and Walton of
Hobart, Oklahoma, from which in
stitution he retired in 1908 when
he became actively identified
with the Missouri State Bank and
Walton Trust Company, at which
time the Hobart Daily Democrat
says in part:
"Since coming here, j. B. Wal
ton as young business man, has
reflected credit upon the business
circles of Hobart. No firm has
been more favorably known
throughout the Southwest than
Walton & Walton, and the reputa-
tion they have made as a mort
gage firm is second to none in Ok
lahoma. This has been due, how
ever, to the personality of the
Waltons, whose names have stood
for. the .cleancst of, methods in ev--
cry detail of business. 1t is with
exceeding regret that j. b. Wal
ton retires from the busines cir
cles of Hobart. The absence OF
such as he will be felt, but nova
days banking institutions are
looking for such men, and it is no
surprise that he goes to one OF
strongest banking in
as it's cashier. In the
of modern commerce
and industry the need for men
with sound business principles
and judgment are required, and
nothing but the best will do. 1t
is being constantly emphasized in
the active transaction Of daily
business, that the welfare of trade
in a large measure, upon