History of Atchison County, KansasIngalls, Sheffield
History
History of Atchison County, Kansas
Ingalls, Sheffield
Atchison County (Kan.) -- Biography; Atchison County (Kan.) -- History
Following the retirement from the bank in 1891 of Judge Otis, Col.
William Osborn became president, serving until his death, when R. A.
Park succeeded to the office and served until his death in 1902. C. J.
Drury being elected his successor and giving the institution his
services for about a year, seconded by J. T. Hersey as vice-president,
but both these gentlemen then retired upon the acquisition of a majority
of the stock by Messrs. T. M. Walker, J. C. Fox and F. M. Baker. Of
later years the growth of the bank has been marked, the capital and
surplus having repeatedly been enlarged, and deposits and loans having
shown a corresponding increase. The late Theodore Bartholow added his
ripe experience as a successful banker to the board of directors, while
F. G. Crowell, Joseph W. Allen, William Carlisle, with Messrs. Walker,
Baker and Fox and others as stockholders and directors gave the
institution a State-wide prominence.
R. A. Park, the second, who resigned as vice-president in 1911 to engage
in business elsewhere, entered the bank in 1881; became cashier in 1892;
elected vice-president in 1910, being succeeded as cashier by F. M.
Woodford, who entered the bank’s employ in 1900 as bookkeeper.
C. W. Ferguson, formerly cashier of the Exchange National Bank, has
recently been elected a vice-president of the Savings Bank, and the
present officers and directors are as follows: T. M. Walker, president;
Joseph W. Allen, vice-president; C. W. Ferguson, vice-president; F. M.
Woodford, cashier; W. T. Fox, assistant cashier.
The German-American State Bank of Atchison was chartered May 15, 1912,
and began doing business June 21, 1912. Its original board of directors
was composed of Louis W. Voigt, Henry Klostermeier, William
Klostermeier, F. A. Manglesdorf, L. A. Libel, G. T. Bolman, and F. A.
Manglesdorf. Three months later the charter was amended and Charles
Haase and W. A. Dilgert were added to the board of directors. This bank
was organized with a capital stock of $50,000, and a surplus account of
$10,000. At the first meeting of the board of directors, the following
officers were elected: Louis W. Voigt, president; Henry Klostermeier,
vice-president; William Klostermeier, vice-president; F. A. Manglesdorf,
cashier.
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