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Graettinger Times in Graettinger, Iowa

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Newspaper

Graettinger Times

Location

Graettinger, Iowa, United States of America

Date

Mar 26, 1959

Page

4

Bank History Details Growth and Changes Over Years

The article recounts the founding of the Grachtinger State Bank with officers HE A Baumgartner president H A Jensen VP and H A Eisenbast cashier. It notes the first director meeting Feb 12 1934 and opening March 24 1934 in the current building later purchased in April 1994. It mentions 1943 charter amendments doubling capital stock from 12500 to 25000 and 1952 remodeling to add parking and more tellers with soundproof posting room and updated machinery. Dec 31 194 shows deposit growth indicators.

A. Baumgartner C. A. Jansen George Graethinger Albert Luke Mike Weinholzer HE. A. Baumgartner H. A. Jensen H. A. Eisenbast Found of Directors Grachtinger Lockers Incorpora Acro Grachtinger State Bank

Bank Account Changes From 1958 to 1959 Reported

Deposits rose from 1,608,009.21 to 1,762,286.05 while capital increased from 12,500 to 25,000. Surplus grew from 2,000 to 95,000 and undivided profits jumped from 565.53 to 86,108.61. The figures reflect the year end and January 1, 1959 comparison.

Anderson Rites Highlight Long Life and Family Ties

L O Wigdahl of Ruthven and transitions across several states mark the life of Anderson. He married Teela Nilson in 1908 and Sadie Huhn in 1935, residing in Spokane, Grac tinger, Ayrshire, and Emmetsburg. Survived by widow, four daughters, one son, stepdaughter, grandchildren, and siblings. predeceased by first wife and five brothers.

L. O. Wigdah Ruthven White Earth N. Dak Lewis Teela Nilson Spokane Wash Gracttinger Ayrshire Sadie Huhn Travers Emmetsburg R. FF Evelyn) Nodleren Salem Oregon Elsie May Helgeson Chicago Nona) Baldwin Mirs. M. FF Ruth) Ruppeck Des Plaines Dale L.anderson Ill Dale Phyllis) Sturm Elgin Mina Pete Diana) Duus Gractinger Otto Mabel

Graetlinger Chamber of Commerce formation plans discussed

At a Tuesday night meeting, speakers outlined chamber organization including officer elections, budgets, and work programs. Jim Iverson was named president with Alan Hersloff as vice president, and board members Del Baker Quinten Jensen Dr Danson Harold Elsbury and Earl Erickson named as directors.

McDonald Chamber of Commerce Beckley Graetlinger Chamber of Commerce Jim Iverson Alan Hersloff del Baker Quinten Jensen Dr. Danson Harold Elsbury Earl Erickson

Local Guests and Meetings Highlight Sunday Parenting

Grover hosts Mr and Mrs Ingvald Dalen for Sunday dinner. Afternoon calls include Elvin Rolf son Sharon and Sophia Rolfson Estherville. Margaret Johnson returns from Kansas City after a World Book Encyclopedia managers meeting. Gerald Stueve attends Lumbermen's convention in Des Moines. Nearby hosts Orville Barwart and Linda near Cylige.

Ingvald Dalen Grover Byron Rolfson Affternoon Elvin Rolfson Sharon Weat Bend Sophia Rolfson Estherville Margaret Johnson Kansas City Gates Gerald Stueve Des Moines Stueve Gracttinger Lumber Co Steve Lumbermen Ara Pelmor Cody Orville Barwart Linda Near Cylige

Joye Grathman Visits Grandson In Hospital And Local Notices

Mrs Joye Grathman visited her grandson Immy Heidecker nine at Holy Family hospital Monday. Timmy son of Mr and Mrs Rowanne Heidecker of Wallingford underwent surgery Monday morning. Mrs Marie Thompson and others of Emmetsboro attended Mrs Anderson's birthday dinner last Thursday. Robert Starkey had surgery Monday at Veterans hospital Des Moines to set a broken shoulder. John Carney returned from visits in California and Oregon with relatives including the Carney and Reeves families. Mrs Frank Weir and daughter Kathy observed a birthday. several Jensen and Frick family members traveled to Minneapolis. Memorials and local social notes blend with menu items for upcoming school lunch week and a tennis court benefit auction on Friday April 3.

Joye Grathman Immy Heidecker Holy Family Hospital Timmy Rowanne Heidecker Wallingford John Carney California Oregon Aith Russell Carney Carlsbad Carl Hart Carney Pittsburg Calif Russell Earl John iMye Joan Herberger Salem Ore Afrs Vangin Rueves Huntington Park Ben Reeves, Jr Downey Everett Bales San Gabriel Walter Kendall Mathilda Grimstead John Cook Long Beach John J. Sullivan Inglewood Frank Weir Minneapolis Francis Weir Francis Veterans Hospital Kathy C. A. Jensen Robert Jensen Jensens Hans Woiershaeuser George Frick Minnea

Also Mentioned on This Page

Pascal Celery Anderson C. of C Erickson Poultry Service Polis i Gratton Wis Woiershaeusers Frick Christine Woetershaeuser Otto Meyer Arthur Meyer Primghar L. Spies Charles J. Spies Norbert Joliyette Robert Wells Catherine Frick Elsbury Suzy Allis Chalmers New Idea Rinso Briardale Atra Fancy Washington Delicious & Winesap Florida Triumph
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