The interior journal. [volume] (Stanford, Ky.) 1912-1984, 1917-06-01
NEARLY $4,000 SUBSCRIBED

| IniS dlttTHOOH nedTly pID,OOV VI the
100000 of Liberty Loan Bonds, the
amount allotted to Lincoln county,
4 were subscribed and the eight banks
of the county obligated themselves
to take the rest. 1t was an enthusi-
astic and patriotic meeting, at which
many of our wealthiest and most in
fuential men were present. Mr.. ].
s. Hooker, president of the First Ma
tional Bank, Of this city, chairman of
the county committee for taking
care of the Liberty Loan Bonds, was
by virtue of his office, chairman of
the meeting, and he made an excel
lent talk, telling it's object and giving
in an interesting way the value of
the bonds that are to pay the way
of our war against the Kaiser. Mr..
w. M. Bright, cashier of the Lincoln
| National Bank. was made secretary.
Hon. W. H. Shanks, Mr.. Bright, DR..
Alcorn, H. G. Skies, p M. McRob-
erts and others spoke for the dispos-
al of the bonds and gave many good
reasons why they should all be SUBJ
scribed for. Mr.. Bright suggested
that his bank would buy bonds for
those who did not have all the money
at hand and would let them pay for
them on the installment plan. Mr..
Skies and others of the bankers said
they are perfectly willing to do the
same thing. The speakers all agreed
that if the war continues for several
years longer, the rate Of interest
would increase and that the bonds
would prove an excellent investment.
They bear 3 1-2 per cent. interest
now, are non-taxable and if other
bonds bear higher rate of interest,
these will automatically increase It
was suggested that each banker do
all in his power to float the bonds,
but that the territory of the other
bankers would not be infringed up
on. 1t was unanimously decided
that an advertisement be taken in
this paper to tell of the value and
advantage of the bonds as an invest
ment and the patriotic duty involved
by the people to buy them. A COM
mittee composed of the cashiers of
the various banks was selected to
prepare the advertisements. The
bankers agreed to keep in close
touch concerning the disposition of
the bonds and to help each other in
every way possible. Many of the
bankers think that far above the re-
quisite 100000 can be disposed of
and it was the earnest pledge of each
person present that every bond that
could be sold would be. 1t was
moved and carried that each bank
represented take a block of the
bonds and these banks responded as
follows: First National Bank of
Stanford, S20,50O; Lincoln County
National Bank, of Stanford, 100000;
Lincoln Trust Co., of Stanford,
$4,000; Crab Orchard Banking Co.,
$500; National Bank of Huston
vile, $1,000; Deposit Bank of
Moreland, $500; Peoples Bank of
Hustonville, $1,000. The Mckinney
Deposit Bank and the Waynesburg
Deposit Bank were the only institu-
lions of the county that were not
represented. 1t was moved and car
ried that meeting be held on coun-
ty court day, next, at IL 100 a. M,
for the purpose of disposing of the
bonds and a number of speakers will
address that meeting, including Mr..
j. S. Hooker, who has thoroughly
familiarized himself concerning the
bonds. 1t was the unanimous con-
sent of the bankers that they have
annual meetings in the future and
plans were laid for the next meet.
The bankers of Lincoln county are
all vieing with each other in every
thing that is helpful to the commu-
nifty and they are as one man in
their effort to place the Liberty Loan
Bonds, and that they will do so in a
strong and effectual way, is fore
gone conclusion.
Following is a list of those who
partook of an excellent dinner at the
Princess. They We're the guests of
the First National Bank and the Lin
coin County National Bank, of this
city: j. S. Hooker, w. M. Bright,
Charles Without, j. B. Paxton, M. s.
Baughman, j. C. Eubanks, w. n.
Varnon, B. B. King, j. H. Vowel, H.
C. Baughman, S. T. Harris, w. M.
Myers, j. w. Hoskins, j. H. Wright,
Walter w. Saunders, w. H. Shanks,
P. M. McRoberts, DR.. Edward AL
corn, j. H. Hooker, j. P. Bailey,
John B. Rife, W. A. Tribble, H. G.
George w. Carter, X. S. Alcorn, E.
H.