Citizens National Bank - C'v - Montgomery InGenWeb Project

The Citizen’s National Bank has removed from its old quarters on south Washington street today and tomorrow morning will resume business in its elegant new room in Crawford block on Main Street. The work began last evening at 5 o’clock and the task of moving the safe was herculeans.  The immense affair was moved over a tramway through the streets and when work was closed for the night it stood in front of the new location. President Ramsey and one or two of the other bank officials staid with it all the night as guards and kept off burglars and troublesome spooks. There was quite a little stuff in that big safe which stood out in the cold all night shivering. There was the neat little sum of $80,000 in cold cash besides about $150,000 in county and other bonds. It was all there this morning as the romantic days of Jesse James have gone for ever and ever by. When the hour arrived for opening the bank the officials opened the safe and shoveled out a bushel basket full of “the stuff” which was carried back to the old room where business was trasacted today. The new room is one of the finest in the state, being elegantly furnished with all the latest conveniences and improvements. The floor is of beautiful tiling and furniture of finest mahogany with oxidized brass trimmings. The location is most convenient and desirable and will prove of no small benefit to the bank’s business. The Citizens’National Bank is the youngest of the Crawfordsville banksbut its career has been almost phenomenally successful. It has continued under its original officers to this day and has never once failed to declare a satisfactory dividend. The bank was organized in 1881 by AF Ramsey and Ben Wasson who remained still as president and cashier. Charles Goltra has been assistant cashier since the organization of the bank and there have been but few changes in the board of directors, which is now composed of the following substantial citizens of Montgomery County: AF Ramsey; Ben Wasson; Silas Peterson; M.D. Manson; John L. Davis; Ambrose Remley and PC Somerville. The bank was organized with a capital stock of $75,000 but after about four years was raised to $100,000 and besides this now has a surplus and undivided dividend of $50,00 more.  The Citizens’ Bank has been a most popular one and its change of location will make it even more so.