New Lenox State Bank
From: History of Will County, Illinois
By: August Maue
Historical Publishing Company
Topeka-Indianapolis 1928


New Lenox State Bank. - This bank was established Feb. 1, 1927, by a group of far sighted business men for the purpose of conducting a general banking business. The statement of Bank of Feb. 28, 1928, is as follows: Resources: Loans and discounts, $37,586.80; U. S. Government Investments, $6,700.00; Bonds, $11,900.00; Banking house furniture and fixtures, $15,361.34; Overdrafts, $11.63; Cash and due from banks, $18,976.91; Miscellaneous, $1,634.66. Total Resources, $92,171.34. Liabilities: Capital stock, $25,000.00; Surplus, $2,500.00; Deposits, $64,671.34. Total Liabilities, $92,171.34. The officers are: Fred A. Francis, president; Harry W. Storm, vice president; Ceward C. Batson, cashier; Henry J. Schluntz, secretary. The Directors are: Ceward W. Batson, son of Ceward C. Batson, Archibald Corp, Fred A. Francis, George J. Hacker, John Handorf, Jr., Ernest Oram, Hjalmar Rehn, Henry J. Schluntz, and Harry Storm.


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