|
|
Portrait
and Biographical Record of Effingham, Jasper and Richland Counties Illinois,Containing Biographical Sketches of
Prominent and Representative Citizens, Governors of the State, and the Presidents of the United States.
(Chicago: Chapman Brothers, 1887), p. 195.
Transcribed by Judy Rosella Edwards.
|
|
|
|
THE FIRST
NATIONAL BANK of Effingham, Ill., was incorporated in March, 1890, and is an outgrowth of the private banking house
of Jo Partridge, which did a successful business in this city from 1885 until the time when it was merged into
the present national bank. The First National Bank was incorporated with a paid-up capital of $50,000. Jo Partridge
was elected President and Edward Austin
Vice-President; J. Partridge, Jr., was made Cashier; and C. L. Notte Assistant Cashier. The following named gentlemen
constitute its Board of Directors: Jo Partridge, Edward Austin, F. W. Hazelton, J. H. Ensign and J. P. Haselton.
The bank has
had a prosperous and profitable career from the start and enjoys the confidence and favor of its patrons in a marked
degree. At this writing it has been in business only about three years. During this time it has paid semiannual
dividends of three and a-half per cent., and has a surplus and undivided profit of $10,000. The business of the
bank has been conducted by its efficient and faithful young cashier, who assumed the responsible duties of his
position in his twenty-first year, and who for nearly four years prior to that time had been cashier in his father's
private bank and in sole charge of its practical operations. The First National Bank has not only been successful,
but has never lost a cent, and it takes foremost rank among the financial institutions of southeastern Illinois.
The well-known personal responsibility of its proprietors, and their well-established record as successful business
men of unquestioned integrity, is a sure guarantee for the future prosperity of the bank and of its hold on the
favor of its patrons.
Portrait and Biographical Record of Effingham, Jasper and
Richland Counties Illinois, Containing Biographical Sketches of Prominent and Representative Citizens, Governors
of the State, and the Presidents of the United States. (Chicago: Chapman Brothers, 1887), p. 398. Transcribed by
Judy Rosella Edwards.
|
|