Bemidji Daily Pioneer Newspaper, March 27, 1909, Page 54

| BEMIDJI, BELTRAMI COUNTY AND NORTHERN MINNESOTA. recognized standing in our community and their interests are identical with the de- velopment of Beltrami county.” And in this the First National Bank officials sounded the keynote of home patronage and success, inasmuch as its stockholders are made up of men whe have the true interests of this section at heart, and responsible men who have caused the city of Bemidji to expand and broaden to its present enviable limits. The officers of the First National Bank are: . P. Sheldon, president; A. G. Wedge, Jr., vice-president; R. H. Schu- maker, cashier.- These gentlemen, in con- junction with Messrs. P. J. Sheldon and W. A. Gould. constitute the board of di- rectors of the Tirst National, and their names alone are sufficient to inspire con- fidence! that the depositors’ interests will be safeguarded in every raspect. Atteftion is called to the last statement made in response to comptroller’s call on November 27, 1908: Report of the condition of the First Na- tional Bank. at Bemidji. in the State of Minnesota, at the close of business, Nov. 27, 1908. RESOURCES. Loansg and DISCOUNES. o0t $243.579.92 Overdrafts, secured and unsecured 739.67 17. S. Bonds to secure circulation.. 25.000.00 Bonds, securities, ete. . ... ity 55.953.37 Banking house, furniture and fix- FIAPOR ™ ovinss bt ss #1500 S s Syl 5 S 14,.000.00 Due from National Bank's (not r1eserve agents)....$6.370.38 Due from approved re- serve ‘agents ...ses s 99,559.34 ’xchanges for clearing HOMSE " & shlity siisei et stoite 740.89 Notes of other National BanKs: “q v iiaesoiete s esiter 545.00 Fractional paper curren- cy. nickels and cents.... 44.16 T.awful Money Reserve in Bank. viz: T.ecal-tender notes ...... 4.465.00 135,025.92 Redemption fund with U. S, Treas- urer (5 per cent of circulation) .......................... $475.548.88 LIABTLITIES, Capital stock.paid: Tn., . iilovsdon o § 50.000.00 SUEDIne TUNA L. s stanaians s s g 10.000.00 1.250.00 Total and taxes DaAldl .o ana it s 3.747.17 T'ndivided profits, less ex en=ses National Bank notes outstanding.. 25.000.00 Due to other National BanRe . . oiiiadsaeesn oy 8,007 81 Due to State Banks and BanKers. o4 s sisforse ste 11.150.27 Savings deposits ........ 7.077.90 Individual deposits sub- ject to cheek ..........222510.89 Demand certificates of Aeposlt. i dsavisnbvianns 11,487.77 Time certificates of de- POSIE iyt o ss s exsiseds 123.407.09 Certified checks ......... 710.00 Cashier’s checks outstand- INE G visieniers sivnd mpevatine e 1,849.98 386,801.71 TOLAT i oiosdn it inser s e s ains $475,548.88 STATE OF MINNESOTA, COUNTY OF BEL- trami.—ss. I, R. H. Schumaker, Cashier of the above- named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief, R. H SCHUMAKER, Cashier. Subseribed and 'sworn to before me this 2nd day of Dec. 1908. H. J. LOUD. (Seal) Notary Public, Beltrami Co.. Minn My commission expires Aug. 25, 191%. CORRECT—Attest: . P. SHELDON, W. A. GOULD, A G WEDGT. JR., Direetors. LUMBERMEN’S NATIONAL BANK. The Lumbermen’s National ranks among the soundest financial interests of the state. Founded on the solid basis of governmental strength and control, it is wholy immune from loss wor disaster, a fact which commends it to all who have any legitimate banking business to trans- act. Special attention is directed to the personnel of the officers in control of the Lumbermen’s National, as their high standing and sterling worth illustrate the bank’s reliability and capacity in all matters pertaining to mortgage loans, foreign and domestic exchange, and a general banking ‘business. From the day of its organization the Lumbermen’s National Bank has rapidly forged to the front rank among similar establishments. By dint of unquestion- able methods, unimpeachable transac- tions, and a sense of business born of true knowledge for banking, it has filled a niche which is highly convenient for our people and fully appreciated by them. The Lumbermen’s National Bank is one of the pre-eminent business houses of which Bemidji delights in exploiting, inasmuch as it advertises the city, con- tributes to the maintenance, growth and prosperity of the the wcity. Like all sound banks throughout the Northwest, the Lumberman’s National paid readily and without restriction during -the money flurry of a year ago, and every day adds to its strength and reputation. The Lumberman’s National is inordi- nately pushing and modern in its policy, it may be relind unon to pronerly and safely conserve all business and deposits entrusted to it, and The Pioneer, in its “Booster” edition, is gratified to allot this brief space to this worthy concern. The officers of the Lumbermen’s Na- tional Bank are: A. P. White, president; A. D. Stephens, vice president; W. L. Brooks, cashier; L. L. B2rwan, assistant cashier. The appended statement mutely at- tests the solidity of this bank, and we invite the readers to glance over it, as it affords much food for reflection. Report of the condition of the Lumber- men’s National Bank at Bemidji, in the state of Minnesota, at the close of business, Nov. 27, 1908: RESOURCES. Loans and Discounts.............. $117.849.55 Overdrafts, secured and uncecured 818.31 T7. S. boends to secure circulation.. 20.000.00 Premiums on U, S. bonds.......... 320.00 Bonds, Securiifes. ete. ............ 41,495.73 Banking House, Furn. and Fixtures 12,500.00 Due from National Banks (not re- serve . agents) . i ST 2,846.04 Due from State Banks and Bankers 1.457.85 Due from approved reserve agents 28.659.91 (‘hecks and other cash items...... 1,048.90 Exchanges for clearing house..... 259.62 Notes of other National banks.... 545.00 Fractional paper currency, nickels ANA L CONES: o iaiaidivie vioione sle sisie oo stoisrs 4 402.38 Lawful money reserve in bank. viz: Specien i tlo iar ey $11,076.40 Legzal tender notes....... 4.980.00 16,056.40 Redemption fund with U. S. treas- urer (5 per cent of circulation).. 1,000.00 TOLAY, aofesis s ool iedenetetelo aie Firotalelors $245,259.69 LIABILITIES. Capital stock pald In......co00vnee $ 25.000.00 Surrlus fund ......c.0c000. ceesenes 10,000.00 Undivided profits, less expenses and taxes pald ............. .0 2,280.91 National bank notes outstanding.. 20.000.00 Due to other National Banks...... 3,821.99 Due to State Banks and Bankers 2,123.73 Individual deposits subject to ChECK " vunl v e e iatohs et ol e 119.729.94 Demand certificates of devosit.... 3.824.00 Time certificates of deposit........ 53,968.06 Certified checks ....coiiiiiiiinnns 615.00 Cashier’s Checks outstanding...... 3,896.06 4 10) 1 ) B S e B e e i $245,259.69 STATE’ OF MINNESOTA, COUNTY OF BEL trami.—ss. I. W. L. Brooks, cashier of the above- named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. L. BROOKS, Cashier. Subscribed and sworn to before me this 1st day of Dec. 1908. (Seal.) GRAHAM M. TORRANCE, Notary Public, Beltrami Co.. Minn. Mv commission expires Sept. 10, 1910. CORRECT—Attest: A. P. WHITE. G. E. CARSON. A. R. BROOKS, Directors. WARFIELD ELECTRIC LIGHT CO. And Bemidji can justly boast of the light- ing facilities which are hers. In connec- tion with her up-to-date business houses and thoroughly equipped industrial estab- lishments, the Warfield Electric Light and Power company has provided every essen- tial for the perfect and complete lighting of the city, the home, and the business house, as well as supplying motors and power to all industries requiring it. Nowhere is there to be found a more thorough lighting or power system, and in no plant of this kind is there more adept and skilled men in charge of similar institutions. The result is obvious—Bemidji {s among the most gen- erally lighted cities in the country of her size, a fact which has called forth expres- sions of the highest commendation from all who have ever visited the city, either as a guest or transient. And it is easy to ac: count for tne metropolitan and ample ser- vice rendered the public by this lighting plant, in that the company is composed of home business men — responsible and in- fluential citizens who are personally inter- ested in the city’s growth and welfare. An- other impelling feature relative to the light- ing plant of Bemidji is to be found in the fact that the company is extremely gener ous and considerate in its transactions with the public. The jllumination they supply is furnished at rates way below the average cost, and the treatment accorded their pat- rons is of the most solicitous and liberal. They have equipped their lighting plant with the most costly and up-to-date machin- ery, and have spared neither pains nor ex- vense to bring the plant up to the most ap- proved standard. Tt is also important to note that the company carries, for the con- venience of its numerous patrons, every- thing in the way of electrical appliances for use in the home, chief of which may be mentioned electric flat irons, eletric heat- ing pads, elctric fans, elctric egg boilers, electric baby milk warmers and electric cof- fee percolators, conveniences which give birth to the ;trite phrase, ‘“No match, no scratch, no smudge, no smoke.” Taken all in all, Bemidji can unhesitating- ly invite an inspection of her excellent lighting plant—a feature of any city which is bound to attract attention to an inordin- ate degree of those who comtemplate a change of settlement. The officers and stockholders of the Warfield Electrical com- pany are universally known and esteemed as men of the highest inteerity and men who materially further every move which t?nds to advertise and build up their home city. Every innovation in the electrical world is immediately adopted by them, and The Pioneer enjoys a keen pleasure in bringing this company to the utmost limit of pub- licity, first, because of the personnel of the company, and secondly, because it has wrought so much benefit to the city and her people. The present management of the concern also comes in for credit for the good he has accomplished during his in- cumbency. The firm are alert to the needs of the people, they are expert in the busi- ness with which they have been entrusted, and co-operating as they do with those un- der their direction, they naturally secure the best results and willing efforts of the men who perform the manual labor for the company. In conclusion, let us say to the thousands of persons who will read this souv- enir number of The Pioneer that we know of no firm which we can more heartily or fittingly endorse. If you fail to toot your horn for your home city, you won’t find others losing thelr breath in doing so.