1914
DELHI SAVINGS BANK
The Delhi Savings Bank in the fifteen years of its existence has proved a reliable
and progressive financial institution and has won the complete confidence of
the town and the surrounding country. It was organized in
1899 with a capital of ten thousand dollars and among those concerned in its
establishment were Thomas Simons, Sr., A. E. House, G. W. Klockentager,
William Lewis, C. D. Stone and E. R. Stone. The officers were: President, Thomas
Simons, Sr.; vice president, E. R. Stone; and cashier, G. W. Klockentager. After the first year A. E. House became
president and continued so until 1902, when E. R. Stone succeeded to that
office, which he has held ever since. The vice president at the present time is
J. W. Swinburne and the cashier is F. E. Stimson. Mr. Klockentager held
the office of cashier until 1901, when the present incumbent succeeded to the
office.
In 1909 the
capital was increased to twenty thousand dollars, which is its present figure.
The officers and directors of the institution are business men of wide
knowledge and sound judgment and under their careful management the bank not
only earns a good dividend for the stockholders but adequately safeguards the
funds of the depositors and promotes the growth of business in
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