The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1925-01-15
Three Kenosha Banking In
situations Hold Annual
Meetings Monday.
OTHER TWO TONIGHT
Stockholders Meetings of Other
Two Banking Firms VIII
Be Held This Evening.

Stockholders Of three Kenosha bank
ing institutions held their annual
meetings Monday afternoon and even
ing at their respective banking houses
to elect directors and officers and re-
ceive annual reports. These banks
were the First National Bank of Ke-
nosha, the United States National
Bank and the Citizens Loan and In
vestment company.
At the annual meeting of the stock
holders Of the First National bank Of
Kenosha held Monday afternoon in the
Offices of the bank, all officers of the
institution were reelected. The Off
GERS of the bank, all reelected, are:
Charles C. Brown, president; c. c, Al
len, vice-president; Joseph Funck,
vice-president; w. II. Purnell, vice
president; NJ. G. Boerner, cashier; j..
w. Blair and Bruce Eastman, assist
ant cashiers.
Formal announcement was made of
one change in the directorate of the
bank. Richard F, Howe, formerly of
Ienosha, but now in New York City,
who has Eeen a director of the bank
for many years, has retired disposing
Of his interest in the institution.
James T. Wilson of Kenosha was nam
ed to fill this vacancy on the direc-
torate. This appointment was made
during the year and was formally rati-
fed at the annual meeting Of the
stockholders.
The annual report Of the bank,
which has been previously published,
was presented and accepted, showing
the affairs of the bank to be in excel
lent condit on.
u. s. National Reflects.
The stockholders of the United
States National Bank met Monday af-
ternoon at the bank on Market Square
fer their annual meeting. The report
for the wear told of the merger of the
United States National Bank and the
Z Merchants and Savings Bank, showing
that they had been completed and had
worked out most satisfactorily. At
fairs of the bank were shown to be in
4 splendid condition.
Directors fthe bank were re-elect-
ed as follows: Frank j. Kraft, Rob-
ert S. Cooper, George S. Whyte, w. j.
Frost, N. j. Werner, T. ]. Dale, Axel
Landgren, Frank Nelson, George o.
Harbaugh, Dir. T. w. Ashley and E. T
0'Brien.
These directors will meet shortly
and elect officers for the ensuing year.
Citizens Loan Elects.
The Citizens Loan and Investment
company held its annual meeting of
stockholders Monday evening. Joseph
g. Rhode, named president and gen
eral manager several months ago, was
reelected as were other officers. The
other officers of this banking institu-
tion are: w. w. Vincent, first vice
PRESIDENT Clark S. Judd, second vice
presidents E. j. Gettman, treasurer;
II. C. Hagmann, secretary and assist
ant treasurer. The directors are: w
RI. Afford, H. E. Barden, DR.. C. H
Gephart, James German, Z. J. Geitt-
man, H. c, Hagmann, Clark Judd, Jo-
seph G. Rhode, Otto ], Stholer, w
w. Vincent, and w. S. Walker.
The annual report of the bank show.
ed the institution to be in splendid
financ al condition The total of loans
and discounts was $212,097.77, A
semi-annual dividend at the rate of s
per cent per annum was declared, this
being done after $4,000 reserve hat
been set aside for taxes and doubtful
accounts and $4,000 for the ammortiz.
alton of the system used,
Others Elect Tonight
The annual meetings of the remain.
ing Kenosha banks will be held this
evening. The Brown National Banl
annual meeting of stockholders will
he held this evening at its quarters OF
Elizabeth street.
The Commercial Exchange Banl
will also hold it's annual meeting this
evening at its banking house on MAR
street for>the purpose of receiving The
annual reports and the election of Of
ticers and directors for the ensuing
year