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national
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Bank Building Sold. The creditors of the First National Bank are indebted to Receiver W. H. Dent for the splendid sale of the bank building, which he made last Wednesday. The building was bargained for by Messrs. Thompson and Hjerlied, of Crescowhorepresenta Cresco syndicate The rumor is current that a new National Bank will be started, with a capital of $50,000. The sale was a good one, and creditors will realize all the property is worth from this transaction.
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THE FIRST NATIONAL BANK Receiver Dent Sells the Building for $14,000. Receiver Dent did a splendid day's work yesterday for the creditors of the First National Bank, by the sale of the building for the sum of $14,000. The buyers are Messrs. Thompson and Hjerleid, who, besides having capital of their own to invest, represent syndicate of Cresco capitalists. The price was a good one, much better than it was expected could be secured through a forced sale. But it was cheap enough, as part of the plans of these gentlemen, which are rumored to be the starting of a new National Bank with capital of $50,000. The sale is subject to the approval of Comptroller Eckles, but there can be no doubt on that score,-Decorah Republican. On calling upon Mr. Hjerlied we learn that the above is true that himself and E. R. Thompson are the persons mentioned in the above article. We also learn that much of the stock for re-organization of the bank has been subscribed in Cresco, but at present they do not wish to give names. This we can say without qualification, that the two names given, in fitness and integrity have no superiors anywhere.