The daily star-mirror. (Moscow, Idaho) 1911-1939, 1923-04-12
RENFREW HEADS
FIRST NATIONAL
SUCCEEDS J. X. MCORNACK-TIM
SULLIVAN BECOMES MEMBER
BOARD OF DIRECTORS.

At a meeting of the board or d1-
rectors of the First National bank,
Wednesday, a number of changes
were made in the official staff in the
way of promotions. Tim Sullivan.
local Ford dealer, was added to the
board of directors of the bank.
]. X Mccormack, who has held the
office of president and director, has
felt for some time that it would be
necessary for him to relinquish his
official connection with the bank and
have the officers and directors local
men. Mr.. Mccormack, as president
and general manager of the Union
Securities company of Spokane, has
supervision over rs banks in the In
land Empire, of which the First Ma
tional of this city, is one. 1t is the
policy of the Union Securities COM
pany to leave the management OF the
banks to the local officers and direc-
tors, but the company keeps In close
touch with the affairs OF the banks
through frequent audits and consulta-
ton A.,
Moscowss Future Secure
w. Claude Renfrew, who has served
in the capacity of vice-president Of
the bank, succeeds Mr.. Mccormack "a
pIcSAucut, Willie D. .. L1CCAotuOiAD Aok'
many years cashier of the bank, be-
comes vice-president and cashier.
In connection with the change, Mr..
made the following state
ment to The Star Mirror:
my services as an officer and d.
rector are perhaps less needed on the
board of the First National bank
than with the other institutions, so /
al hot xuifhnf
to it. / do this with re-
gret as 1 am proud of my connection
with the First NatioINl bank Of Mos
COW, which / class, after the most
careful study, among the strongest
Ind most evenly balanced institutions
n the Inland Empire.
Strong Reserves
"The bank has, and has had, strong
and secondary reserves, with
IN ability to care for all of its own
reeds and those of it's valuable and
eServing customers at all times.
Ioscow has been, and is destined to
emain, one of the strongest and most
olvent communities in the rich IN
and Empire Surrounded as it is by
r rich and safe section, with its uni -.
ersity and various other activities,
s future is assured, and with Mos
owls interests are tied up the IN
,rests of the First National bank,
-hich is not now and has not been
In as a money making machine, but
) an institution for the joint good
{ it's city and itself, and as an insti-
Ition of which Moscow has right
be proud.
8" am retaining the same interest
the First National bank and in
nd to use the same care in extend
g advice to it as heretofore, and
have no doubt whatever as to it's
ture welfare and care in the hands
Mr.. Renfrew and Mr.. Heckathorf1.
nese men need no introduction to
e people of Moscow at my hands,
hey have made good and their pro-
otion is we'll deserved and meets
th my entire approval. Mr.. SulI-
n is a valuable addition to the
ard. and I believe his business judg-
snt to be sound and conservative"
Retain Same Officers
The other officers of the bank will
main as in the past, the personnel
officers and directors being as fol-
VS..
Officers-W Claude Renfrew. presf-
Mt: J. S. Heckathorn, vice-presi-
Mt and cashier: A. H. Johnson, as
;tant cashier; Walter Johnson, as
tant cashier.
Claude Renfrew, G.
Orland, Tim Sullivan, J. S. Hecka-
)rn, Thomas F. Wren