18 



CLAY COUNTY ILLUSTRATED 





*U>- 





Mangel Wurzels on the E. C. Schroeder Farm 



The First State Bank of Moorhead 

 was established May 1, 1903, with 

 $25,000 capital stock, which was in- 

 creased in October, 1915, to $60,000. 

 On January 1, 1916, the banking cap- 

 ital was $79,883.15 and the deposits 

 $200,215.23. 



M. T. Weum, the president, was one 

 of the organizers of the bank and has 

 been the head of the institution from 

 its inception. He is an old resident of 



Clay County, having located at George- 

 town, where he engaged in the mercan- 

 tile business in which he is still inter- 

 ested, in 1883. He came to Moorhead 

 in 1892 and was engaged in business 

 here for ten years. From 1902 to 1907 

 he was in Minneapolis, still retaining 

 his interests here. While Mr. Weum 

 has always taken a prominent part in 

 local affairs, the only office he has ever 

 held has been that of a member of the 

 Board of Education. 



Filling One of the Big Silos on the Huntoon Farm 



