First National Bank Capital and Surplus Figures
The First National Bank shows capital of 50000 dollars and a surplus of 10000 dollars as listed in its financial registration. The figures indicate solid capitalization for the era.
31 Oct 1908
Page 1
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Newspaper
Colville Examiner
Location
Colville, Washington, United States of America
Date
Oct 31, 1908
Page
1
The First National Bank shows capital of 50000 dollars and a surplus of 10000 dollars as listed in its financial registration. The figures indicate solid capitalization for the era.
The article urges customers to value a bank that offers security and permanence in business. It emphasizes choosing a bank with lasting stability to ensure present and future welfare and mutual profitability in financial dealings.
A republican run county shows steep expense increases in auditor assessor and clerk offices far outpacing business growth. The sheriff and Daisy Harding's office rise modestly, while democratic gains cut costs, reduce net indebtedness, and push toward a business basis. Taxpayers face 9.3 percent personal tax rise and 6.93 mills state levy.
The county assessor is accused of skimming property from tax rolls to favor friends and party members. Read claims from Northport Kettle Falls Colville Springdale Newport and Stevens county as tax base declines or rises over two years. The piece argues a reform is needed to ensure fair valuation and broad tax burden.
The state board of equalization adds 20 percent to Stevens county 1906 personal property value for 1907 due to missing 1907 report. Actual natural increase was 10.7 percent, yet the county pays for a higher rise caused by official delay. Deputy auditor L. E. Josseph admits there was no hurry in filing.
The piece argues for reelection of W I Fountain to continue prudent leadership and urges voting to elect T R Major as auditor to curb the costly auditor’s office ring for taxpayers’ benefit.
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