20 



CLAY COUNTY ILLDSTEATED 



Filling the Silo on the Emil Lambert Farm, Moorhead Township 



the pioneer business men of Hitterdal. 

 He is proprietor of the hardware store 

 and one of the owners of the Solum 

 elevator. Mr. Gunderson was brought 

 up in Clay county and for nine years 

 was clerk in a general store. Later he 

 was employed by the State Bank of 

 Hawley for four years, and two years 

 ago accepted his present position. 



The State Bank of Georgetown was 

 organized May 2, 1904, with $10,000 

 capital stock. On January 1, 1916, the 

 banking capital was $20,235.74 and the 

 deposits $93,413.25. A. M. Eckman is 



president and Theo. S. Nelson has been 

 cashier of the bank since its organiza- 

 tion. Prior to coming to Georgetown 

 he had been assistant cashier of a bank 

 at Hendrum. He was born in Fillmore 

 County and removed to Norman Coun- 

 ty with his parents when three years 



old. . 



The First State Bank of Felton be- 

 gan business August 16, 1904, with 

 $10,000 capital stock. On January 

 1, 1916, the banking capital was 

 $18,819.04 and the deposits $64,181.01. 

 C. J. Lofgren of Ada is president and 

 Aug. Stiening is cashier. 



Alfalfa and Clover Side by Side — Stack in Background 



