1921 Duluth & St Louis County MN, Van Brunt.pdf - Garon.us

DULUTH AND ST. LOUIS COUNTY 527
Bailey, J. C. McGilvery; Jas. A. Robb, and W. J. Smith, directors.
Its capital is still $25,000, but its development is indicated by its surplus,
which now is $36,000, there being also undivided profits amounting
to $3,620.66. The present directors and executives are : Chas.
B. Hoel, president; Jas. A. Robb and J. C. McGilvery, vice-presidents;
L. E. Johnson, cashier; J. C. Poole, Jas. A. Robb, J. C. iVIcGilvery,
Albert Roher, R. M. Heskett, L. E. Johnson, and C. B. Hocl,
directors. The Miners National Bank of Eveleth stands in good
place among national banks of ^linnesota, and gets its due proportion
of banking patronage in its sphere.
The Peoples State Bank of Eveleth was organized on July 2, 1918;
with capital of $25,000. The first officers were: J. S. Saari, president;
C. R. McCann, vice-president; Joseph A. Quinn. These three,
with Sam Seigel, Peter Peterson, J. J. Brince, and E. M. Moline,
RECREATION BUILDING, EVELETH. THE HOME OF CURLING AND INDOOR
ICE SPORTS
formed the original directorate. The only changes since 1918 are:
II. J. Coleman, cashier, in place of J. A. Quinn, taking that gentleman's
place on the directorate also; and Edward Smith, director, in
place of Peter Peterson. The capital is still the same, but there is
now a surplus of $12,000. The directors of the Peoples State Bank
of Eveleth have good reason to be pleased with the development of
the bank during tlie few years it has been in existence.
Public Library.—The Eveleth Public Library, one of the city's
most elevating influences, is also one of the citv's most artistic buildings.
It was built in 1913-14, at a cost of $30,000, half of which
amount was contributed by Andrew Carnegie, of worthy memory.
The library has already outgrown its quarters, and plans have been
passed for its enlargement. Tlie cost of maintenance in the first year
was about $8,500, and its circulation of books was about 45,000.
When opened, on July 1, 1914, the library h.'d 1.721 books, but in the
first year of service was increased to 4,387 volumes, "acfjuired by