Logan County, Illinois - Chapter 31: Commercial and Industrial, 1911

Chapter 31: Commercial and Industrial

The commercial and industrial progress of Logan County has kept pace to a considerable extent with its agricultural growth and development. While the county is pre-eminently an agricultural county and the agriculture feature has naturally predominated, still the fact that underneath all the broad and fertile acres which comprise her fields there lies untold tons of the black carbon which produces heat and light and power has also placed the county in the lists as one of the large bituminous coal producing counties of the state. Since the discovery of coal in Logan County in 1867, coal mining has been one of the distinctive industries of the county. Likewise a number of manufacturing establishments have located in the county. Being one of the richest agricultural counties in Illinois, in addition to its mineral wealth, naturally one also finds here banking institutions that for financial stability and extended resources are not surpassed in any portion of the United States. It is not intended to make of this chapter a commercial and industrial directory, but to note briefly from a historical standpoint, the progress of the county along these lines. ;

Probably the first bank organized in Logan County was the banking house of T. N. Gill & Co., of Atlanta, which was launched upon the financial seas shortly after the platting of that town in 1854. This firm was succeeded by David Kern & Co., who were in turn succeeded by Dills, Kern & Co., who conducted the business until 1866, when it passed into the hands of the Hoblit brothers. A close second to this banking institution was the banking firm of Brainerd & Dustin, organized in Lincoln in 1856. Prior to the organization of these banks, the banking business of the county had been transacted over the counters of the Springfield and Bloomington banking houses. The banking concern of Brainerd & Dustin was a firm composed of Benjamin H. Brainerd and William M. Dustin. They organized their bank in 1856 in a wooden building on Chicago street near where the Spellman & Spitly grain office is now located. They continued in business until 1860, when Mr. Brainerd sold his interest to George Musick and the firm of Dustin & Musick was formed. Sometime subsequent to 1866, Mr. Musick retired from the firm and it became known thereafter as Dustin & Co., its place of business being located on the corner of Kickapoo and Pulaski streets. This firm closed its doors in 1886. In 1866, Mr. Brainerd and J. F. D. Elliott opened a bank, with $50,000 capital in a building on the site of the present Commercial hotel.

LINCOLN NATIONAL BANK, Lincotn: 'The Lincoln National Bank can be said to have originated in the Mayfield bank of 1869. In that year Manning Mayfield became associated with his brother, Abram Mayfield, in the private banking business, under the firm name of Mayfield & Co. This concern was organized in a building on Kickapoo street on the present site of the Lincoln National Bank building. In 1873, Abram Mayfield retired and Thomas B. Youtsey, of Newport, Ky., became a partner, under the firm name of Mayfield & Youtsey, and in 1877 the bank was reorganized under a state charter as a savings bank. In July of 1877, the Lincoln Savings, Loan and Trust Company was formed with S. A. Foley as president, J. A. Hudson as cashier and the following additional stockholders: John Hepperly, Arthur Quisenberry, Mary White, F. S. Selley, S. E. Hudson, Ezra White, E. G. Hudson and G. B. Hudson. The authorized capital was $100,000, one half of which was paid up. The same year, the Mayfield bank was absorbed by the Lincoln Savings, Loan and Trust Company. The latter organization continued until July 1, 1885, when it was reorganized into the present Lincoln National Bank with S. A. Foley as president; J. A. Hudson, vice president; George I. Harry, cashier, and the following directors: S. A. Foley, J. A. Hudson, George I. Harry, J. M. Moloney, B. F. McCord, S. H. Fields and Frank C. Orton. The deposits of the bank the year of organization was $139,332. The bank has been conducted continuously at its place of business on Kickapoo street from that date to this. S. A. Foley has been the president from the organization to the present. F.C. Orton succeeded George I. Harry as cashier in 1886 and continued in that capacity until January of 1892 when he was succeeded by the present cashier, Philip E. Kuhl. Henry C. Quisenberry is vice president; Elmer H. Sanford, assistant cashier ; T. A. Cox, teller, and the following constitute the present directorate: S. A. Foley, P. E. Kuhl, H. B. Brown, H. C. Quisenberry, Joseph Hodnett, Frank Atlass and Isaac Stiefel. The bank is now located in temporary quarters pending the erection of a handsome new marble front building on the old site. The capital stock of the bank is $100,000 and the deposits amount to over a million dollars - in exact figures, $1,023,- 626.60. Since 1900, the bank has been on the "roll of honor" of the banks of the United States. The resources of the bank amount to $1,386,140.

First NATIONAL BANK, LiINcoLn: The First National Bank of Lincoln was organized, in August of 1873, with John D. Gillett as president, H. B. Schuler as cashier and the following directors: John D. Gil- lett, J. S. Randolph, D. G. Evans, S. A. Foley, William M. Galliard, H. B. Schuler and Uriah Warren. The capital stock was $50,000. The bank began business Oct. 29, 1873, in a building erected on Broadway by Mr. Gillett for a bank building: On March 1, 1882, Frank Hoblit bought out the interest of Mr. Shuler and became cashier. In 1902, the bank erected a modern two-story stone building on the corner of Broadway and Kickapoo streets, where the business of the concern is now conducted. At the death of John D. Gillett, Frank Frorer succeeded him as president. Mr. Frorer died in 1909 when he was succeeded by Walter Puterbaugh. In 1909, Frank Hoblit resigned as cashier and was succeeded by F. D. Hoblit. In 1910, F. D. Hoblit became president and was succeeded as cashier by F. W. Becker. Jacob Funk is vice president and the following persons comprise the directorate: Jessie D. Gillett, Patrick Bohan, Joseph W. | Hoblit, A. L. Hoblit, Joseph Landauer, Samuel Sparks and C. H. Turner. The capital stock of the bank is $100,000 and its deposits were given in 1910 as $407,890; loans, discounts, stocks and securities, $356,710; cash and exchange, $150,680; total resources, $565,336.

GERMAN-AMERICAN BANK, Lincotn: The German-American National Bank of Lincoln, was organized in 1886, with a capital stock of $50,000. Its first officers were as follows: President, Adolph Rimerman ; vice president, F. C. W. Keohnle; cashier, L. C. Schwerdtfeger ; directors, Adolph Rimerman, F. C. W. Keohnle, L. C. Schwerdtfeger, M. Rein- | hardt. Since then the bank has had a phenomenal growth. L. C. Schwerdtfeger served as cashier until 1907 when he became president and he was succeeded as cashier by Joseph A. Tabke, who had been assistant cashier of the bank for eighteen years previous. The bank occupies the building at the corner of Pulaski and Kickapoo streets. The present offcers are L. C. Schwerdtfeger, president; Robert Schuster, vice president ; Joseph A. Tabke, cashier; F. \W. Longan, assistant cashier; directors, L. C. Schwerdtfeger, P. M. Biwer, Adam Denger, T. A. Donald. The capital stock is $100,000; total resources, $1,089,760; deposits, $763,144; cash and exchange, $230,434.

LINCOLN STATE BANK, LincoLtn: The Lincoln State Bank was first opened for business Jan. 16, 1904, with George I. Harry as president; August Berger as vice president; James E. Hoblit as cashier; J. O. Fortman, assistant cashier and the following directorate: George I. Harry, I. Altman, Wm. J. Harry, James E. Hoblit, O. M. Kiest, John McMath and Paul S. Fuson. Its place of business is on the north side of Broadway, between Chicago and Kickapoo streets. Its capital stock is $50,000; surplus and profits, $6,927; deposits, $251,054; cash and exchange, $53,600. The present officers and directors are Oscar M. Kiest, president; John McMath, vice president; James E. Hoblit, cashier; J. O. Fortman, assistant cashier; Albert A. Ahrens, I. Altman, George I. Harry, Wm. J. Harry, J. E. Hoblit, Oscar M. Kiest, John McMath, directors. Total resources, $307,982.

ScroGGIn & Son Bank, Mr. Putasxi: The banking firm of Scroggin & Son is the oldest banking concern in Mt. Pulaski, having been organized in 1872. It was first established by Leonard K. Scroggin and W. P. Sawyer. Subsequently Mr. Sawyer retired and Thomas A. Scroggin, son of Leonard K. Scroggiu, became a member of the firm. In 1878, the latter erected a brick banking building on the corner of Cooke and Washington streets at the southwest corner of the public square and the banking house has occupied these quarters since that time. The junior partner, Thomas A. Scroggin, is cashier of the bank and G. A. Volle assistant.

First NATIONAL Bank, M1, Puvaski: The First National Bank of Mt. Pulaski was organized in 1887, with John Lincoln as president; D. Vanhise as vice president; C. W. Lincoln as cashier, and the following directorate: John Lincoln, D. Vanhise, John W. Mayer, John Lipp, John Buckles, C. K. Lucas, M. W. Barrett. It has a capital stock of $50,000. The present officers of the bank are Robert Aitchison, president; C. K. Lucas, vice president; George Rupp, cashier; R. D. Aitchison, assistant cashier; directors, C. K. Lucas, R. D. Clark, Elmer Turley, S. C. Dawson, Wm. Rupp, John W. Seyfer, Robert Aitchison. The deposits as reported in 1910 were $398,840; surplus and profits, $55,100; cash and exchange, $114,830. :

ATLANTA NaTIONAL BANK, ATLANTA: The Atlanta National Bank was organized in 1887, with Samuel H. Fields as president, Wm, S. Dunham as vice president, J. P. Hieronymous as cashier and the following directorate: Augustus Reise, Wm. S. Dunham, J. P. Hieronymous, A. P. West, Wm. Gambrel, H. C. Quisenberry. The bank purchased the postoffice building and opened for business on April 1st of that year. The capital stock is $50,000; surplus and profits, $32,000; deposits, $120,000; cash and exchange, $41,000. The present officers are H. C. Hawes, president; J. F. Adams and J. P. Hieronymous, vice presidents; M. E. Stroud, cashier; Neilie F. Hawes, assistant cashier.

FARMERS' STATE BANK, MippLETowN: The Farmers' Staie Bank of Middletown was organized May 22, 1905. The present officers are H. A. Binns, president; G. H. Warren, vice president; Victor J. Ryan, cashier. The capital stock is $35,000; surplus and profits, $7,200; deposits, $130,000; loans, discounts, stocks and securities, $144,000; cash and exchange, $28,000.

FARMERS' BANK, EMDEN: The Farmers' State Bank of Emden was organized in 1891. The present officers are F. A. McCormick, president and Wm. M. McCormick, cashier. This institution is a private bank; deposits, $150,000; loans, discounts and securities, $120,000.

Bank oF ELKHart, ELKHART: The Bank of Elkhart was first organized Jan. 14, 1890. It was reorganized in 1902, with a capital stock of $10,000. The present officers are J. F. Prather, president; L. W. Shafer, cashier and W. L. Perce, assistant cashier. It reports $23,000 surplus and profits; $195,000 deposits; $20,000 cash and exchange and $185,000 loans, discounts and securities.

BANK oF LatHam, LatHamM: The Bank of Latham was organized in 1891. Its officers are Oscar J. Lucas, president; S. W. Gasaway, vice president; N. B. Allison, cashier; G. M. Gasaway, assistant cashier. The capital stock is $10,000; surplus and profits, $1 5,000 ; deposits, $210,000.

BANK OF CHESTNUT: The Bank of Chestnut was organized in 1902. The officials are M. Leimbach, president ; J. T. Kretzinger, cashier; A. K. Leimbach, assistant cashier. The capital stock is $1 5,000; surplus and profits, $4,300; deposits, $125,000.

NEw Horianp State Bank, New Hoiianp: The New Holland State Bank was organized June 3, 1905, by L. Burchett, Oscar Burchett, D. H. Laforge, D. M. Burner and C. W. Binns. D. H. Laforge is president ; D. M. Burner, vice president and C. W. Binns, cashier. The capital stock is $25,000; surplus and profits, $14,000; deposits, $196,000: loans, discounts and securities $160,000; cash and exchange $75,000.

BANK OF Beason, BEAson: The Bank of Beason was organized in 1898, under the name of George A. Curry and Company, with a capital stock of $25,000. W. B. Curry is cashier.

Coal Mines

Lirncotn MINING Company: Coal was first discovered in Logan County by James Braucher, who began boring on his place, three miles south of Lincoln, in the early part of the year 1867. On Nov. 18, 1867, at a depth of 240 feet, he struck a vein of coal, seven feet in thickness. At that time coal had to be brought from long distances, and the news of the discovery of coal at home, caused considerable excitement in Logan County. A stock company was soon formed with a capital stock of $50,000, divided into 500 shares at $100 per share. The new company was duly incorporated Dec. 9, 1867, with the following incorporators: James Coddington, James Congdon, Samuel P. Hodgen, A. M. Miller, Frank Frorer, David T. Littler and Silas Beason. Mr. Congdon was a practical coal man. After the company was formed, a site was secured on the south side of a tract of land owned by W. P. Bates, adjoining the Chicago & Alton railroad right of way, where the same now crosses the Champaign and Havana branch of the Illinois Central. The amount of land secured was one and a half acres. Work was begun on New Year's day, 1868, under the superintendence of Mr. Congdon. At a depth of 52 feet, a bed of quicksand and water, 18 feet in depth, materially retarded progress. Other delays resulted and it was not until September of 1869 that a satisfactory vein, five feet in thickness, was reached at a depth of 271 feet. In sinking the shaft veins of coal were struck as follows: At a depth of 100 feet, a vein of 18 inches; at 150 feet, a vein of 30 inches; at 220 feet, a vein of 42 inches; at 271 feet, a vein of five feet. Preparations were at once made to put in hoisting machinery, but it was not until Dec. 15, 1869, that coal was brought to the surface for commercial purposes.

The original cost of the shaft was $70,000, or $30,000 more than the amount of the capital paid in. Bonds of the corporation were issued to the amount of $10,000 and a trust deed was executed on the property of the company as security. The bonds maturing in August of 1871 and the holders refusing to extend the time, the property was advertised and sold Dec. 23, 1871. Frank Frorer became purchaser for the amount of the indebtedness of the company, for the use of all the stockholders who would join in forming a new company and contribute thereto in proportion to the stock held by them in the old company. By this purchase a new company was formed and a capital of $80,000 contributed. In 1888, the stock passed into the hands of Frank Frorer and D. H. Harts and the mine was conducted under the firm name of Harts & Frorer. In 1905 it was reorganized as a corporation under the name of the Lincoin Mining Company, with Walter Puterbaugh, D. H. Harts and D. H. Harts, Jr., as directors, and in 1909, the capital stock was increased to $100,000. The shaft experienced damaging fires in 1885 and 1903. In the latter year, it was discovered on fire in the entries on Dec 18th and the fire was not extinguished until Dec. 29th. The following statistics of the mine are reported for 1908: Total annual output, 99,298 tons; value of annual product, $107,000; days in active operation, 171; average number of miners, 95; other employes, 44. Connected with the company is an extensive tile factory, which has been operated since 1878.

Citizens' MINING Company, LINCOLN: The Citizens' Coal Mining Company was incorporated Feb. 20, 1882, by A. Mayfield, Peter Obcamp, M. Hinrichsen, S. A. Foley, H. L. Pierce, N. E. Pegram, Henry Ahrens, John Tyler, W. H. Traner, Thomas Windle and others, with a capital stock of $30,000. H. L. Pierce was elected president; A. Mayfield, secretary; S. A. Foley, treasurer and the following were elected directors: A. Mayfield, M. Hinrichsen, Peter Obcamp, Henry Ahrens, S. A. Foley, H. L. Pierce, N. E. Pegram. Land was purchased of A. Mayfield near the junction of the present Peoria and Evansville and the Champaign and Havana branches of the Illinois Central railroad. Work was begun Aug. 14, 1882 and on July 2, 1883, a vein of coal five feet and four inches in thickness was struck at a depth of 266 feet. The annual output of the company is 120,000 tons; Miners employed, 104; other men employed, 84; total, 188; value of annual product, $102,000. Thomas Holmes is superintendent of the shaft.

LaTHAM CoaL Company, Lincotn: The Latham Coal Company at Lincoln was incorporated Sept. 25, 1900, by Henry C. Latham, P. F. Murphy and C. C. Brown, of Springfield, with a capital stock of $60,000. Henry C. Latham was elected president and Stuart Brown, secretary. Land was purchased near the junction of the Chicago and Alton railroad and the Peoria and Evansville branch of the Ilinois Central railroad and in March of 1901, the work of sinking the shaft began. Coal was struck at a depth of 276 feet, after going through one underground lake in the hoisting shaft and two underground lakes in the escapement shaft. Over $250,000 has been spent in the equipment of the shaft. The plant has a double shaker screen for the loading of cars and a conveyor and revolving screen for the separation of various grades of coal; also self operating dumping cars. For the year 1908, the report of the Bureau of Labor Statistics show the Latham mine as having the next to the largest output of any coal mine in the state; in fact substantially even with the Mt. Olive mine, which is reported as having the largest, as the Mt. Olive mine, in that year, produced 199,222 tons and the Latham mine at Lincoln 199,020 tons. The report shows the average number of employes during the year to be 406, of which 265 were miners. The aggregate value of the output was $224,449. The superintendent and general manager of the company is Michael Coogan.

Mr. Putaski Mininc Company: The Mt. Pulaski coal shaft originated at a meeting held at the old court house, in January 1882, called to consider the matter of sinking a shaft. John Meister, John Schick, W. C. Snyder, C. F. Schafer and Jacob Mayer were appointed to solicit subscriptions resulting in $1,500 being raised in two weeks. William Beard was contracted with to bore for coal and after a year's labor in May of 1883, struck a vein four and a half feet thick at a depth of 360 feet. The shaft passed into the hands of B. F. Fox in 1884, who sunk the shaft deeper, but with no more satisfactory results. The Mt. Pulaski Mining

Company was incorporated April 18, 1884, with a capital stock of $15,- 600, and the mine property went into the possession of the new company soon after. The incorporators were L. K. Scroggin, John Lincoln, David Vanhise, H. C. Suttle, C. F. Schaefer and George Vonderleith. John Lincoln was president; H. C. Suttle, secretary; L. K. Scroggin treasurer and David Vanhise, superintendent. Since then the mine has been in various hands, but is now owned by Edward Buckley and W. P. Walsh, of Springfield, who purchased it in 1909. The annual output of the mine is 12,452 tons; value of product, $16,188; men employed, 34, of which 25 are miners.

THE MiIppDLETOWN Coat Company: The Middletown coal shaft is located immediately across the Logan County line in Menard County, but is to all intents and purposes a Logan County enterprise. The company was incorporated Sept. 25, 1903, by J. T. Foster, Louis A. Buchner and James M. Graham, with a capital stock of $30,000. The directors selected were J. T. Foster, George W. Hatch, W. V. Guttery, Grant Heatherwick and Louis A. Buchner. Coal was struck at a depth of 210 feet, the vein being six feet thick. The annual output is 88,000 tons; number of men employed, 121, of whom 76 are miners.

Lincoln Business College

The Lincoln Business College is one of the substantial, progressive institutions of Logan County. It is more properly an educational institution but is noted under this head, in consequence of its close connection to the business and commercial life of the county. It was organized in 1881 by its present principal, W. R. Whetsler. It was incorporated Dec. 3, 1883, by W. R. Whetsler, W. N. Bock and Miles K. Young. Origially it occupied rooms on Broadway but was moved to the Universalist church building on Kickapoo street in 1887. In 1910, the management erected a commodious college building on Logan street, where the school is now conducted on up-to-date methods, having in the neighborhood of 100 students. During its existence over 2,500 students have attended ite sessions and over 250 have received diplomas of graduation.

Lincoln Sand And Gravel Company

Outside of the coal shafts, probably the most extensive industry in the county is the one conducted by the Lincoln Sand and Gravel Company, immediately south of Lincoln, near Salt creek. The company was organized in 1907, with W. C. Jones, of Cleveland, Ohio, as president and A. F. Green secretary. The present vice president and general manager is V. O. Johnston, of Lincoln. The company owns 300 acres of sand and gravel deposits and has installed the most improved machinery for handling its products. The gravel is carried by large revolving cranes and is washed and screened by powerful pumps and machinery and loaded into cars upon the side tracks of the company. The cars are moved to the Chicago & Alton tracks by the locomotives of the Sand & Gravel company. The concern has a daily capacity of 50 cars and employs about 50 hands.

Lincoln Cork-Faced Collar Company

The Lincoln Cork-Faced Collar Company was incorporated Oct. 28, 1890, for the purpose of manufacturing patent horse collars with improved cork facings. The citizens of Lincoln became interested in this factory through the efforts of W. H. Hagebusch, of Washington, Mo., from which point the factory subsequently erected was removed. The original incorporators were S. A. Foley, D. H. Harts, A. C. Boyd, J. T. Hoblit, Frank Hoblit, Frank Frorer and W. H. Hagebusch. The first directors were James I. Jones, Wm. G. Ruge, Oscar H. Gunther, J. T. Hoblit, A. B. Nicholson, Wm. Hungerford and W. H. Hagebusch, and the capital stock was $50,000. The present factory building was erected in 1891, and is 80 by 60 feet in dimensions and three stories high. The horse collars manufactured are faced with granulated cork, and are light, cool, elastic, durable and prevent irritation to the shoulders of animals. There is only one other similar factory in the United States. E. B. Maltby is the present superintendent of the company and Will W. Houser, secretary.

Lincoln Casket Company

One of the leading casket factories in the United States has its location also in the city of Lincoln. The Lincoln .Casket Company was first organized in 1895, under the management of Wm. H. Dowling, and operated a number of years in the furniture factory at the junction of the Chicago & Alton railroad and the Peoria and Evansville branch of the Tllinois Central. In 1898, a building site was selected on Third street, west of the gas office and here a two-story brick, with dry kilns, was erected. In 1899, the company was incorporated with a capital stock of $16,000, which was subsequently increased to $25,000. The building occupied by the company covers an area of 100 by 225 feet on each floor and the company operates its own planing mill. It employs about thirty-five workmen and its capacity is about thirty caskets per day, the product being sold to undertakers direct, three men being constantly engaged on the road as salesmen and the shipments covering an area of five states. The president and manager of the company is Wm. H. Dowling; T. F. Dowling is vice president.

Lincoln Mattress Factory

ing had been erected near the junction of the C. & A. railroad and the Peoria branch of the Illinois Central for a furniture factory, but the enterprise was unsuccessful. This building was purchased by the Mattress factory in 1899 and has since been utilized for the manufacture of mattresses. The building is 50 by 125 feet in dimensions and is three stories high. The mattress factory is now conducted by the Frorer estate and E. C. Fisher is the present manager.

' The Harts' Medicine Company was incorporated Nov. 27, 1900, by S. R. Moulden, R. B. Pegram, Wm. Foley, P. S. Fuson and O. L. Gambrel. On Feb. 3, 1902, the capital stock was increased to $25,000. Subsequently the company passed into other hands. It is engaged in the manufacture and sale of proprietary medicines, which have an extensive sale. The company owns its own factory on South Kickapoo street, occupying a two-story building with 6,500 square feet of space. The present offcers are D. H. Harts, president; W. R. Deverman, secretary; J. W. Kennedy, treasurer and manager.

Mt. Pulaski Windmill Company

The Mt. Pulaski Windmill Company was incorporated Sept. 23, 1902, by A. O. Vonderleith, George Rupp and F. W. Obermiller. The first directors were A. O. Vonderleith, George Rupp, W. C. McGavock, F. W. Obermiller, W. H. Bryson. The capital stock is $10,000 and the company are engaged at Mt. Pulaski in the manufacture of windmills, pumps, towers, etc. W.H. Bryson is the president of the company; F. W. Obermiller, vice president and A. O. Vonderleith, treasurer and manager.

The Logan County Farmers' Mutual Fire Insurance Company was organized Jan. 8, 1887. The first officers elected were as follows: President, Frederick Dittus; secretary, T. H. Stokes; directors, Frederick Dittus, William Rupp, Chris Lohrenz, John H. Kiest, Adolph Rimerman, Jacob M. Morris, August Berger, John M. Forbes. The company have 1,393 policies in force in the county at the present time, amounting to $2,826,227. Of this amount $578,590 is on farm property, $61,150 on live stock and $8,975 on rural churches and schools. The present directors are Adolph Rimerman, H. H. Dierker, George Wieber, David Herlihe, J. ©. Adams, Ferdinand Fulscher, Daniel Buehler, Wm. Baumann, John W. Kline, J. T. Gelsthorpe, Philander Simcoe, Nanke

Lincoln Gas, Light & Coke Co.; Feb. 16, 1865; W. D. Wyatt, A. M. Miller, A. Mayfield, N. Travis, N. E. Pegram, Lewis Rosenthal, John Wyatt, incorporators.

Lincoln Mutual Telephone Co.; Feb. 9, 1894; A. R. Crihfield, S. S. Hoblit, J. W. Collins, A. C. Boyd, T. A. Reynolds, E. Burton, E. F. L. Rautenberg, A. Denger, incorporators.

Peoples' Savings and Loan Association, Mt. Pulaski; July 15, 1904; C. F. Schafer, H. W. Schafer, W. B. Mitchell, A. O. Vonderleith, incorporators.