USA > Nebraska > Dodge County > History of Dodge and Washington Counties, Nebraska, and their people, Volume I > Part 16
USA > Nebraska > Washington County > History of Dodge and Washington Counties, Nebraska, and their people, Volume I > Part 16
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THE SCRIBNER STATE BANK
The Scribner State Bank was organized December 24, 1883, on a $10,000 capital. Its first officers and founders were as follows: J. L. Baker, president; John Barker, cashier. Stockholders, J. B. Robinson, J. M. Diels, Gus A. Diels, H. Fuhrman, A. P. Hopkins.
The 1920 capital is $40,000, with a surplus of $30,000. Its recent deposits amounted to $800,000. Resources and liabilities, $900,000.
In 1894 a handsome brick bank building was erected at an expense of $6,000.
The present (1920) officers and directors of this banking house are as follows: Fred Volpp, president ; Henry Sievers, vice president ; P. L. Keller, cashier; Peter L. Bauer and W. E. Fahnestock, assistant cash- iers ; Kate Gordon bookkeeper. Directors, Fred Volpp, E. R. Gurney, P. L. Keller, Henry Sievers, George Foster, C. W. Marquardt and Peter Preiss.
During all the years of this bank's history it has stood for good busi- ness principles and has been able to satisfy the demands of the excellent agricultural community surrounding the Village of Scribner.
THE FIRST NATIONAL BANK-SCRIBNER
This bank was organized July 3, 1903, on a $25,000 capital. The first officers and founders were: F. McGiverin, president ; Claus Ehlers,
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vice president ; J. L. Reinard, cashier. The directors are, Louis Groetke, John Haun, Henry Spath, Henry Schnack, C. T. Horton.
The present capital is $25,000; surplus, $30,000; resources and lia- bilities, $596,000; recent deposits, $442,000.
A brick building was erected for this banking house in 1903 at a cost of $4,500.
The 1920 officers are as follows: Claus Ehlers, president ; A. E. Rom- berg, vice president ; Charles Arnot, cashier; Gesina Schurman, assistant cashier ; W. J. Ehlers, assistant cashier ; Fred H. Meyer, teller ; the direc- tors are, Claus Ehlers, A. E. Romberg. H. N. Spath, Louis Groetke, John Haun, Adolph Grosc, Charles Arnot.
This bank is a member of the Federal Reserve System. Its manage- ment has always been of the modern and most excellent business char- acter, and the community in which it is located has been highly favored by its presence.
THE FARMERS STATE BANK
This institution is one of the enterprising banks of the Town of Scribner, Dodge County. It was organized July 17, 1917, on a capital of $35,000. Its present capital is the same, but a surplus is now carried to the amount of $35,000. Its recent deposits were $305,000; resources and liabilities, $390,000.
The founders of this bank were: Arthur H. Shultz, president ; Henry Edelmaier, vice president ; Herman F. Meyer, cashier.
The officers of the present day (1920) are as follows: Arthur N. Shultz, president ; Henry Edelmaier, vice president ; Herman F. Meyer, cashier ; Edwin Schwein, assistant cashier. Directors, William Mohr, Christ Stuahmer, B. Havekost, Herman Stalling, Julius Kruse.
This bank has a building constructed of brick and Bedford stone and it is owned by the corporation.
With competent men in charge and an excellent farming community to draw from this bank, with others at Scribner, are highly successful in their operations as bankers.
FARMERS STATE BANK OF NICKERSON
This bank was established at the little Village of Nickerson in April, 1919, on a capital of $15,000, same as it has today. Its present surplus is $1,000; recent deposits, $100,000; resources and liabilities, $125,000. The bank is kept in a rented building.
The original officers connected with this bank were as follows: Otto Schurman, president ; Ed Clough, vice president. Directors, Otto Schur- man, Ed Clough, F. J. Diers, H. W. Moeller and Ed F. Langhorst.
The officers, etc., today are as follows: Otto Schurman, president; Ed Clough, vice president ; V. M. Huffman, cashier; Frank J. Diers, H. W. Moeller and Ed F. Langhorst.
THE FIRST BANK OF NICKERSON
This bank was established in 1902 with a capital of $5,000, by W. J. Courtwright, as president of the corporation, and H. J. Sidner, cashier. the 1920 capital is $25,000, with a $6,000 surplus. Its recent deposits amounted to $250,000; its resources and liabilities are $295,000. In 1916
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a good brick bank building was constructed for this institution; the same is valued at $8,000 and its fixtures and furniture at $4,000.
The 1920 officers are as follows: E. R. Gurney, president ; A. W. Sprick, vice president ; C. E. Negus, cashier ; W. A. Anderson, assistant cashier ; Frank Bullock, bookkeeper. The directors are: A. W. Sprick, E. R. Gurney, W. A. Anderson, C. E. Negus, Anna C. Brown, John Sidner and John Niebaum.
The banking interests of the small Village of Nickerson and its imme- diate surroundings are well cared for by this bank.
THE WINSLOW STATE BANK
This bank was established at Winslow, Dodge County, in December, 1905, and its incorporators were: G. W. Wolcott, Fred Wolf, John F. Haye, F. Hagerbaumer, Julius Beckman.
Officers elected August 11, 1906: H. P. Weitkamp, president ; G. W. Wolcott, vice president; William Kaufman, cashier, elected in Septem- ber, 1906. The bank received its charter January 4, 1907. It was char- tered for a capital of $50,000, but only $10,000 was paid up at first. Its present capital is $20,000; surplus, $10,000; deposits, $213,000. The bank's total resources is $247,000.
In 1906 a concrete bank building was constructed at a cost of $3,800. In December, 1916, this bank suffered a hold-up by bandits, an account of which will appear elsewhere in this work.
The present officers are : L. Bartling, president ; F. H. Hagerbaumer, vice president ; George Voll, cashier; John F. Haye, August Luther, M. C. Luther, Fred Wolf, and other directors.
THE FARMERS STATE BANK-WINSLOW
This bank was organized June 30, 1919, in the Village of Winslow, Dodge County, Nebraska, with a capital of $20,000. Its first officers and founders were: H. P. Weitkamp, president; Louis Bartling, first vice president ; Fred C. Panning, second vice president ; Roy W. Brown, cashier.
The present (1920) officers are: H. P. Weitkamp, president ; Louis Bartling, first vice president ; Fred C. Panning, second vice president ; Roy W. Brown, cashier. Directors, H. P. Weitkamp, Louis Bartling, Fred G. Panning, Roy W. Brown, H. H. Lueninghoener and Edward M. Warner.
The present capital is $20,000; recent deposits, $20,494.34. The resources and liabilities are $39,540.28. Loans and discounts in Novem- ber. 1919, amounted to $25,196.87. Undivided profits at that date were $2,075.82.
SNYDER STATE BANK
This bank was organized in 1892 by Conrad Schneider, John Bolte, Ernest Schurman, Herman Holsten, Joseph Winkamp, Conrad Nolte, Ferd Billerbeck, Karl Schwichler, John Hardes, Fred Molle, George Dietz, W. A. A. Hamann and Ferdinand Kounowsky. The amount of capital was $30,000. The first directors were as follows: E. Schurman, Herman Holsten, Conrad Schneider, John Bolte, Herman Wolsleger, Joseph Winkamp and John Looschen.
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DODGE AND WASHINGTON COUNTIES
Conrad Schneider was elected president; Herman Holsten, vice president ; John Looschen, cashier.
August 15, 1893, Conrad Schneider, John Bolte, W. A. A. Hamann, E. Schurman, Herman Wolsleger, Jo Winkamp and John Looschen were elected directors. The officers then elected were Conrad Schneider, president ; W. A. A. Hamann, vice president; John Looschen, cashier. They held office until August 6, 1904, when H. G. Meyer was appointed as assistant cashier, all other officers remaining the same.
At first only $9,000 of the capital stock was paid in, but on August 10, 1906, it was increased to $12,000 at the same time H. G. Meyer was elected cashier. All others remained as before except John Looschen, who resigned.
October 3, 1910, the capital stock was increased from $12,000 to $25,000; a new bank building was erected in 1910. In December, 1911, H. G. Meyer resigned as cashier and Robert Frahm was elected to the position. In March, 1919, Robert Frahm and Elliott Frahm purchased stock of Conrad Schneider, W. A. A. Hamann, John Bolte, Henry Schooner and others, making a controlling interest in the bank. Robert Frahm was elected president; Elliott Frahm was made cashier; Arthur Bleyhl, vice president. The 1920 board of directors is as follows: Rob- ert Frahm, Elliott Frahm, Peter T. Lennemann, Arthur Bleyhl and Otto Schurman. The present capital is $25,000; surplus $10,000; loans and discounts, $385,000; deposits, $400,000.
FARMERS AND MERCHANTS BANK-SNYDER
This bank was established at the Village of Snyder in 1907. Its first capital was $12,500. Its present (1920) capital is $20,000; surplus, $5,500; recent deposits, $170,000; resources and liabilities, $214,303.83.
The first officers of this institution were as follows: E. R. Gurney, H. Burger, J. J. Dickey, Herman Englebrecht and M. M. Wolslager.
The. officers today are: J. J. Dickey, president; Claudi Wendorp, vice president ; J. C. Dickey, cashier ; Florence Dickey, assistant cashier ; additional director is Herman Englebrecht.
A new modern building has just been completed to accommodate the increasing business.
Through the good management of the officers and stockholders the people have the utmost confidence in this banking house, for they believe the conservative manner practiced here makes it a safe, desirable place in which to deposit money and transact all banking business.
A recent statement shows as follows: Capital stock, $20,000; sur- plus, $5,500; undivided profits, $22,400; loans, $129,000.
THE FARMERS STATE BANK-DODGE
This bank was established in the Village of Dodge, in the north western corner of Dodge County, in March, 1889.
This institution in February, 1890, purchased the building and stock of the old Dodge State Bank. The first capital of the present institution was $10,000; two years later it was increased to $15,000 and February 8, 1894, to $30,000.
The present capital is $30,000; surplus $30,000; recent deposits $850,000.
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DODGE AND WASHINGTON COUNTIES
The first officers and founders of this bank were: C. George Bowlus, J. O. Milligan, E. Schurmann, Herman Holsten, C. W. Marquardt, D. Holsten, H. J. Smith, Charles Woodruff, Anton Bartosh.
The present officers are: Herman Holsten, president; James H. Hook, vice president ; Will R. Harbak, vice president; Richard H. Hol- sten, cashier ; Josephine Dostal, bookkeeper.
The first building occupied by this bank was a frame structure and it was destroyed in the great fire of 1895 when the Town of Dodge was wiped out, only two buildings being left in the business section. The same year the present stone-brick bank building was constructed.
This bank has the facilities and willingness to meet the requirements of the territory in which it operates.
FIRST NATIONAL BANK-DODGE
This bank was organized as the Dodge State Bank in 1900 and in March, 1903, was succeeded by the First National Bank. Its capital was at first $10,000. The first officers were: Ira E. Atkinson and A. J. Hasson. The present capital is $50,000; surplus, $25,000; recent depos- its, $650,000.
A bank building was erected from brick in 1903 and its cost was $5,000.
The 1920 officers and directors are as follows: A. J. Miller, presi- dent ; G. J. Borgmeyer, vice president ; I. E. Atkinson, vice president ; J. H. Miller, cashier ; J. H. Longacre, William Rettig, J. H. Montgomery, directors ; Clara Woerdeman, bookkeeper.
The December, 1919, statement shows resources and liabilities $710,- 102.19. The present condition of the bank's finances is excellent. Loans and discounts, $569,989.02; cash due and on hand, $98,463. Compara- tive statements-Deposits, September, 1900, $10,098; in 1919, $621,160.
FARMERS STATE BANK-UEHLING
This bank was established in the Village of Uehling, July 26, 1905, with a capital of $15,000. The founders and first officers were as fol- lows: Herman Meyer, president; Theodore Uehling, vice president ; Edward Uehling, cashier. Directors, T. Uehling, H. Meyer, H. Bus- selman, A. Linn, M. Stenvers, G. J. Bergquist and Edward Uehling.
The present (1920) capital is $15,000; surplus, $6,000; recent depos- its, $240,795 ; resources and liabilities, $280,962.
The corporation built their bank building of brick in 1907 and its value is $5,000.
The officers and others associated in this financial institution are : Herman Meyer, president ; Maurits Stenvers, vice president ; Edward Uehling, cashier, with P. A. Anderson, Henry Busselman, G. J. Berg- quist and E. A. Larson, directors.
THE LOGAN VALLEY BANK-UEHLING
One of the two banks at the Village of Uehling is the Logan Valley Bank, organized on a $10,000 capital February 26, 1906, by founders and first officers as follows: Charles Arnot, president ; A. M. Tillman, vice president ; J. D. G. Kuhlman, cashier; Charles Romberg, assistant cashier.
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DODGE AND WASHINGTON COUNTIES
This bank has a capital of $10,000; surplus of $10,000; recent depos- its, $250,000; resources and liabilities, $300,000. This bank occupies a frame building erected in the spring of 1906.
The present officers and directors are: Otto H. Schurman, presi- dent ; A. M. Tillman, vice president ; J. D. G. Kuhlman, cashier ; other directors are: Carl Heyne, Arnold Romberg, John G. Osterloh, John Henry Witte.
The success of this institution has been largely due to the fact that all patrons have been treated fairly and politely by the management of the bank.
FARMERS STATE BANK OF AMES
This bank is situated at the Village of Ames, Dodge County, and was organized August 20, 1914, with a capital of $15,000. Its first offi- cers were as follows: A. D. Graham, president; E. A. Gurney, vice president ; Jerome Wostrel, cashier. Others among the founders of this bank were: N. J. Johnson, F. B. Knapp, Henry Tank, F. A. Davis and O. H. Sink.
This bank's present capital is $15,000 with a surplus of $2,000; its recent deposits were $85,360; resources and liabilities are $103,640. Liabilities not including capital and surplus, $86,277.
The 1920 officers and directors are: E. R. Gurney, Ihno Harms, O. H. Sink, Robert C. C. O'Brien, Henry Tank, Louis Rebbe, S. S. Van Horn. The president is Ihno Harms; vice president, E. R. Gurney ; cashier, Jerome Wostrel.
A few years since the bank went through a fire in which damage was done. This bank has never been robbed or held up by bandits as has been the case in some small towns. While this is a small bank it serves well the demand of the community about Ames.
In 1914 a good brick banking house was erected at an expense of $4,500.
FIRST NATIONAL BANK-HOOPER
This financial institution was established in the Village of Hooper in 1885 as "Heimrich & Co." which in a few years was changed to the State Bank of Hooper and about 1900 was changed into the First National Bank. Its original capital was $15,000; its present capital is $25,000; surplus, $45,000; present deposits amount to $425,000; resources and liabilities, $577,000.
A gray pressed brick bank building was erected in 1914 and it is valued at $15,000.
It is indeed highly complementary to the management of this bank to note that it has earned a surplus of $45,000.
As to the first and present officers it may be stated that originally the men at the head were : John F. Heimrich, president ; Henry H. Looschen, vice president ; E. J. F. Burgh, cashier ; E. H. Airis and John Dern.
The present officers are as follows: A. M. Tillman, president ; Peter Parkert, vice president ; Norman E. Shaffer, cashier ; C. H. Dahl, assist- ant cashier. Directors, A. M. Tillman, Peter Parkert, John G. Osterloh, Will Rodgers, Edward Luther, John Havekost, Norman E. Shaffer.
December 31, 1919, their "statement" gave among other items: Lia- bilities and resources, $576,929.89; loans and discounts, $406,090; stock
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in Federal Reserve Bank, $1,950; cash in vault, $37,000; certificates of deposit (thirty day), $32,000; individual deposits subject to check, $164,455.49.
DODGE COUNTY BANK
The Dodge County Bank located at the Village of Hooper was organized in 1882 on a capital of $15,000, but it was increased to $20,000 January 1, 1889, and to $25,000 April 30, 1900.
The first officers and founders of this bank were: T. W. Lyman, L. D. Richards and E. H. Airis. The present capital is $25,000; surplus, $40,000; recent amount in deposits, $640,000; resources and liabilities, $750,000.
The bank building is owned by the bank and valued at $25,000.
The 1920 officers are: J. H. Windhausen, president ; William Meyer, vice president; R. L. Schwab, cashier; Charlotte Monnich and Walter Otteman, bookkeepers. The assistant cashier is George Looschen. Direc- tors, J. H. Windhausen, William Meyer, Casper Moeller, Casper Hoege- meyer, William Frock, W. G. J. Dau, George F. Otteman.
In its almost two score years of banking, this concern at Hooper has been very successful and stood high in the banking circles of Nebraska.
THE FIRST STATE BANK-NORTH BEND
This bank was organized April 19, 1882, and is located in the City of North Bend, Dodge County. Its first capital was $25,000, same as today, but it now has a surplus of $17,500. Its recent deposits were $518,692; resources and liabilities, $620,602.63. The founders of this bank were John T. Ritter, L. H. Rogers and C. L. Morse.
The 1920 officers are: Alex Thom, president ; T. J. Kastle, vice pres- ident; W. F. Ruzicka, cashier; W. C. Stayskal, assistant cashier, and John Kelly, assistant cashier.
The bank building is owned by the bank, newly rebuilt and refur- nished. It is a stone and brick structure and cost $27,000.
A good guarantee fund is carried for the protection of depositors. This bank is a member of the Federal Reserve.
THE FIRST NATIONAL BANK OF NORTH BEND
This bank was organized at North Bend September 8, 1883, with a $50,000 capital, same as carried today, but is now possessed of a surplus of $20,000. Its recent deposits amounted to $380,000; resources and liabilities, $680,000.
The first bank building was destroyed by fire in 1892. The present fine structure erected at a cost of $20,000 was constructed in 1917-18, of terra cotta and brick material, inside finish is mahogany and marble.
The original officers were Messrs. James Sloss, president ; H. W. Nei- man, vice president ; George Hichok, cashier. Directors, James Sloss, C. Cusack, H. W. Neiman, M. E. Fuller, J. Y. Smith, Chauncy Abbott.
The present (1920) officers and directors are as follows: Roy J. Cusack, president ; George Fisher, vice president; C. C. Sidner, cashier ; H. C. Cusack, assistant cashier. Directors, Roy J. Cusack, George Fisher, C. M. Black, F. B. Datel, Thomas H. Fowler.
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With the development of this county the two banks at North Bend, including this bank, have been of signal importance and advantage to the farmers and business factors of North Bend.
DODGE COUNTY BANK SUMMARY-1919-20
The following is a summary of the various banks in Dodge County, as shown by their statements, all of which were issued between Decem- ber, 1919, and July, 1920:
Name of Bank Estab.
Capital
Surplus
Recent Deposits $1,245,478
First National Bank, Fremont. .
.1872
$150,000
$ 25,000
Farmers and Merchants Nat'1.
.1882
100,000
60,000
571,483
Fremont Nat'l Bank, Fremont. . . 1883
150,000
150,000
650,000
Security Savings Bank, Fremont. . 1890
18,000
20,000
185,000
Commercial Nat'l Bank, Fremont. 1891
100,000
100,000
1,153,387
Home Savings Bank, Fremont. . . 1892
18,000
18,000
262,897
Fremont State Bank, Fremont. . . 1904
50,000
11,000
440,000
Scribner State Bank.
1883
40,000
30,000
800,000
First Nat'l Bank, Scribner.
1903
25,000
30,000
442,000
Farmers State Bank, Scribner.
.1917
35,000
35,000
305,000
Farmers State Bank, Nickerson. . 1919
15,000
1,000
100,000
First State Bank, Nickerson.
1902
25,000
6,000
250,000
Farmers State Bank, Winslow.
1919
20,000
20,494
Farmers and Merchants, Snyder. . 1907
20,000
5,500
170,000
First Nat'l Bank, Dodge.
1900
50,000
25,000
650,000
Farmers State Bank, Uehling
1905
15,000
6,000
240,795
Logan Valley Bank, Uehling.
1906
10,000
10,000
250,000
Farmers State Bank, Ames ..
1914
15,000
2,000
85,360
First Nat'l Bank, Hooper ..
1885
25,000
45,000
425,000
Dodge County Bank, Hooper.
. 1882
25,000
40,000
640,000
First State Bank, North Bend. .1882
25,000
17,500
518,692
First Nat'l Bank, North Bend. .
.1883
50,000
20,000
380,000
Totals
$1,056,000
$707,000 $11,248,568
OTHER FINANCIAL INSTITUTIONS OF DODGE COUNTY
Besides the numerous banks of Dodge County, the commercial and financial interests have been cared for by the subjoined companies and associations :
THE EQUITABLE BUILDING AND LOAN ASSOCIATION
This institution was organized April 6, 1886, with officers as follows : President, Arthur Truesdell; vice-president, C. H. May ; treasurer, C. B. Veazie ; secretary, Earl A. Pettibone.
The present officers and directors are as follows: President, Frank Hammond; vice president, Frank Fowler; secretary, J. A. Donahue ; assistant secretary, W. R. Rowe; treasurer, C. B. Veazie ; counsel, George L. Loomis. Directors, Frank Hammond, Frank Fowler, J. A. Donahue,
ยท Farmers State Bank, Dodge.
.1889
30,000
30,000
850,000
Winslow State Bank, Winslow. .. 1905
20,000
10,000
213,072
Snyder State Bank, Snyder. .
1892
25,000
10,000
400,000
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DODGE AND WASHINGTON COUNTIES
C. B. Veazie. George L. Loomis, Arthur Truesdell. Fred Bader. Fred H. Richards, Frank Hanlon.
Loans to members, $339,300.
Capital authorized, $1,000,000, of which $780,800 has been sub- scribed.
Dues, accrued earnings and reserve fund, $278,793.61.
Number of loans made, 942.
FRANK HAMMOND, FREMONT
Many a home-owner in the City of Fremont has been benefited by being a member of this institution.
FIDELITY TRUST COMPANY
This financial institution was established August 15, 1911, in the First National Bank Building, corner Fifth and Main streets, Fremont. Its first capital was $100,000, same as is carried today. The present sur- plus is $15,000; resources and liabilities, $556,401.07.
The original officers and founders of this institution were: R. B. Schneider, president ; F. B. Knapp, vice president ; James A. Donahue, secretary and treasurer ; E. R. Gurney, chairman of executive committee.
At the present time this concern is in a flourishing condition. Its officers and directors are as follows :
President, F. B. Knapp; vice president, Frank Koss; secretary and treasurer, James A. Donahue; chairman finance committee, E. R. Gur- ney. Directors, E. R. Gurney, T. L. Mathews, Henry Tiegeler, Frank Koss, H. J. Lee, F. E. Gibson, F. B. Knapp, S. S. Sidner, A. G. Christen- sen, Fred Bader, Joseph Roberts.
NEBRASKA STATE BUILDING AND LOAN ASSOCIATION
Among the most successful and flourishing institutions of its kind in the entire commonwealth is the association above headed. It was
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established in January, 1892. It had for its original officers and directors the following persons: E. H. Barnard, president; H. C. Mahanna, vice president ; J. T. May, treasurer ; T. L. Mathews, secretary. The directors were: E. H. Barnard, H. C. Mahanna, L. D. Richards, J. T. May, R. B. Schneider, T. L. Mathews, E. N. Morse, C. M. Williams.
As to the various changes in officers of this association let it be stated that :
In 1901 T. L. Mathews was elected president and C. M. Williams secretary.
In 1902 Paul Colson was elected secretary and acted as such until 1911.
In 1911 D. D. Rowe was elected assistant secretary and acted as such until 1912, when he was elected secretary.
In 1920 Mr. Rowe was elected vice president and at the same time G. A. Olmstead was elected secretary.
This institution is a state association. It has had a very successful career and is now doing business in more than 150 Nebraska towns and cities and stands very high as a financial institution, one that has done much towards the promotion and high development of the state and has helped many thousands of people to own their own homes, and by its system of saving has helped many other thousands to acquire a com- petency or a tidy sum for a "rainy day." The published statement of this association shows the condition of its affairs December 30, 1919, to have resources at something over $2,700,000.
Loans to members. $ 2,627,933.09
Capital and surplus-authorized. 10,000,000.00
Capital and surplus paid. . 2,800,000.00
Dues, accrued earnings and reserve fund.
Par value of stocks subscribed for. 6,000,000.00
Number of loans made. . .5,800
Present officers: President, T. L. Mathews; vice president, D. D. Rowe; secretary, G. A. Olmstead ; treasurer, J. T. May.
Present directors, T. L. Mathews, J. T. May, D. D. Rowe, W. J. Courtright, Dan V. Stevens, Paul Colson, C. H. Hawley, E. R. Gurney. The association owns the double front building where the home office is located and have under way improvements to cost $75,000.
In the twenty-eight years that this association has been doing busi- ness it has paid each year a substantial semi-annual dividend.
Mr. T. L. Mathews, president, and J. T. May, treasurer, have been actively connected with the association in an official capacity since its organization until this date.
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