CLAY COUNTY ILLUSTRATED 



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Durum Wheat Field Near Ulen — J. T. Johnson Is the Man 



The State Bank of Hawley was the 

 fourth of the banks of Clay County, 

 being organized on August 1, 1892, 

 with $16,000.00 capital stock. There 

 was no increase in the banking capital 

 prior to January 1, 1896, and on that 

 date the deposits were $25,789.33. On 

 the first of this year the banking cap- 

 ital was $56,568.70 and the deposits 

 $316,251.97. 



L. Lamberson is president; H. P. 

 Gunderson, cashier; Hans Rushfeldt, 

 vice-president, is one of Hawley 's old- 

 est merchants and potato shippers. 



The First State Bank of Glyndon 

 was established in 1902 with $10,000 

 capital. On January 1, 1916, the cap- 

 ital amounted to $14,288.00 and the 

 deposits were $86,176.08. 



N. H. Stadum came to Barnesville 

 when only four years old. In 1890 he 

 started with the First National Bank 

 of that city as bookkeeper and con- 

 tinued with that bank until September, 

 1902. He then removed to Glyndon to 

 become cashier of the First State Bank 

 — and has continued to manage its bus- 

 iness since that date. 



E. F. Krabbenhoft's Fowls Are White — Even the Guineas and Pigeons 



