Daily capital journal. (Salem, Oregon) 1903-1919, 1918-09-04
.StaytOn Banks Unite
Making Strong Institution

(Capltal journal opccldl oeINlCC.J- l
Stayton, Or, Sept. Am event Of
considerable interest to the people of
this vicinity occurred Saturday, when
the Farmers and Merchants Bany and
the StaytOn Bank of this city. united
under the name of the former institu-
ton. The matter of consolidation has
been under discussion for several
months, and it has long been an open
secret that it would be only a question
of time before the deal would be con-
'summated that would give Stayton but
one bank. The stockholders will remain
the same, and they announce that the
consolidation will make possible more
efficient service. The capital stock is
also double that of either bank, $4,000,
The Stayton State is the Oldest %institu-
ton of the two, but the business will be
carried on in the building of the Far
mers and Merchants, which has the lar
ger room and most modern equipment.
The corporation ON the StaytOn State
bank has been dissolved and with the
| addition Of new directors, the officers
of the Farmers and Merchants will hold
till theneXt election.
G. F. Korinek came up from Portland
and spent Sunday and Monday in Stay
ton, returning home Monday evening,
accompanied by Mrs. Korinek, who has
been here the past three weeks. The
DR.. and DR.. Beauchamp captured a mum
Der of fine trout in the Santiam near
Niagara Sunday.
Mr.. and Mrs. L. d. Kelly Of Kelly's
Mills, and c. S. Olarkeof the Mail, made
a business trip to Salem Monday.
About twenty members of the Silver.
ton Guards arrived in town Monday ev-
ening to drill with the local company,
Some of the boys were late in coming,
having stopped on the way over to help
some of the farmers in the Waldo Hills
fight fire. After a couple of hours
drill, the men assembled at the opera
house, where ice cream, sweet cider and
cookies were served by the girls of the
honor guard. Short talks were made by
Capt. Smith, of Silverton and Lambert
Of Stayton, ands Rev. Warren. The
Stayton company carried their new flag,
drum and bugle. The occasion was ell
joyed by all present, and there was O
large attendance of visitors to watch
the boys work, which is improving'every
meeting.
Monday evening at about 1890 the
fire alarm was sounded. A blaze was
discovered in the shed at the rear of
the Elder building at the foot of Third
street. Prompt action on the part of
some of those living near soon had TIC
Tire out before the fire company conlj
get on the grounds. 1t is thought tia
boys playing around the building light
ed matches which set fire to some of the
rubbish IN the shed. The fire had gain.
I'd considerable Roadway before it wo.
Disco cred, II a few inmates Gclav
would have made quite a blaze, with
probable damage to surrounding pro.
perry.
@. E. Lampman left Monday for To.
ledc, where he has secured a good
position.
Norman Davie, Joe Spaniel, Volnc,
Gates ard others from Camp Lewis were
in town over Sunday.
Mr.. and Mrs. M. j. Crabtree and Mrs
Event Crabtrce spent Sunday visiting
relatives near Black Rock.
Mis-. w. d. Cornish and daughter Mrs
Cfabtree leave soon for a visit in south.
ern Aeson.
Roy Ferguson Of Monroe, visited
friends in town Sunday.
Byron Robertson and wife Of Detroit
spent Sunday with Stayton relatives.