Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1936-07-23
BANK COMES
TO ASK0v
Security State Bank Will be
Name of New InStitu-
ton Here.
Had Operated at Sandstone
Village During the Past
Eight Years.

After a period OF three years DUR
ing which time the Askov community
has been without a bank, a banking
institution again opened its doors in
Askov Saturday morning. The new
bank will be known as the Security
State Bank of Askov and Frank E.
Hurley will be the cashier with James
Hurley, a pioneer resident of Pine
county who now resides at Pine City.
as president and the controlling
stOckholder.
The bank is not a new venture for
the Hurleys for they have been in
the banking business in Sandstone for
the past eight years, where they built
up a business founded upon a reputa-
tion of honesty and frugality. 1t was
after the closing of the bank here
that they began to consider this as
a location in view of the fact that
there was another banking institution
in Sandstone, and in view of the fact
that this community offered large
district from which to draw from.
Negotiations have been in process for
the past several months and last
week the final details were taken
care of to legally authorize the State
Banking Department to give its sane
tion to the move.
Buy Banking House.
One of the many details which were
incidental to the inception of the
new banking institution in this COM
munity was the purchase of the build
ing which housed the First State
Bank and which belonged to the as
sets. After the purchase of the build
ing then it was given complete re-
novation and made a welcome as well
as homelike appearance to the new
business.
Although the first few days have
been filled mostly with details in
getting the business through the open
ing stages, Mr.. Hurley has found time
to equip the front office with furnish
ings which make for a spirit of hos
pitality and invites to its comfort.
1t is a comfortable waiting and re-
ception room for customers and
friends.
President is Still Active.
The name Hurley is well known
throughout Pine county, not only be-
cause it is connected with the early
history, but because the family in
GLIDING Mr.. Hurley, senior, has been
active in the building up of the coun-
ty. NJ. B. Hurley, a son, is former
county attorney and the senior Hurley
was once register of deeds. He is still
active in his interest in affairs of the
county. state and nation, despite the
fact that he is in his S5th year of
life
He was born in the state of YER
mont on Feb. 10, 1852, and when but
q small lad came to this state to st.
Paul and to Anoka county. He came
to Pine county at the age of IS and
was occupied at various jobs until
1879 when he was elected register of
deeds which office he held for IA
years. During eight of the IA years
he also served as clerk of court.
For the past several years Mr.. Hur-
ley has been retired from active bus
mess, but has kept busy in the con-
troll of his real estate and other hold
ings in the county. The advent of
the business in which he and other
stable citizens are interested, is a
welcome addition to Askov and it is
expected that the territory will prove
to be a good field.
The board of directors of the new
Askov bank are, James Hurley, Pine
City, president; J. F. Hawley and
Harry Madison, Sandstone, vice pres
fdents; Ben Hurley, Pine City, and
Frank E. Hurley of Askov, cashier