Barton County KS Archives History - Books .....Peoples State Bank 1912 ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/ks/ksfiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Joy Fisher sdgenweb@gmail.com November 13, 2005, 1:05 pm Book Title: Biographical History Of Barton County PEOPLES STATE BANK, HOISINGTON The Peoples State Bank of Hoisington, Kansas, was organized May 25th, 1903, with E. R. Moses, president, O. P. Putman, vice-president, W. B. Lucas, cashier, and the following directors, Henry Wildgen, D. J. Lewis, T. C. Morrison, Robt. Merten, R. H. Moses, E. H. Heath, G. N. Moses and E. R. Moses. The bank opened for business June 15, 1903 in the back room of T. C. Morrison's Mercantile house. In a very short time it moved to its present quarters in the J. B. McCauley Opera House Building, which they purchased in May, 1904. They immediately enlarged the opera house to its present size and extended their banking rooms to its present dimensions, making one of the finest banking rooms in the State of Kansas, being finished with marble on the outside and marble and mahogony on the inside. With rooms for customers' use, directors' room, and private rooms for its officers including all the conveniences modern science can give, such as electric lights, hot water heat, lavatories, and rest rooms for its customers. The officers find it a pleasure to do business in its present quarters. Since the bank was organized Mr. O. P. Putnam, Henry Wildgen and G. N. Moses have passed away. E. R. Moses, Sr., has been president from its beginning. Mr. W. B. Lucas has been cashier from its beginning. Frank Soderstrom who was book-keeper is now assistant cashier and Miss Eva Goodwin has been book-keeper since July, 1910. The bank has had a regular semi-annual dividend since 1905 and has increased its surplus each year until January, 1911, the capital stock was increased from $10,000 to $25,000 with a surplus of $2,500. This increase was practically made from the earnings of the bank. The present directors are T. C. Burton, vice-president and director, M. H. Beckett, H. C. Wildgen, E. R. Moses, Jr., Robt Merten and E. R. Moses, Sr. The deposits of this bank are over $160,000 now and are constantly increasing. The loans and discounts are over $140,000. The success of this bank has been from its very beginning and one of its reasons for its success is the manner in which it treats its customers and people in general. Once a customer, always a customer. The deposits of this bank are guaranteed under the state law. The bank pays interest on all time and saving deposits. [photo of interior] Peoples State Bank, Hoisington Additional Comments: From: Biographical History Of Barton County Published by the Great Bend Tribune (1912) File at: http://files.usgwarchives.net/ks/barton/history/1912/biograph/peopless38gms.txt This file has been created by a form at http://www.genrecords.org/ksfiles/ File size: 3.1 Kb