Page:History of Goodhue County, Minnesota.djvu/682

 600 HISTOEY OF GOODHUE COUNTY E. D. Brooks, G. Lillyblad, C. J. Sargent, C. H. Boxrud. The capital is $150,000.00 ; surplus and profits, $110,000.00. The bank moved into its present building, costing $80,000, early in the year 1905. This building is one of the architectural beauties of Red AYing and aside from accommodating the Goodhue County National Bank and the Goodhue County Savings Bank, also has numerous professional and business offices, the headquarters of two telephone companies and the rooms of the Red Wing Com- mercial Club. The Goodhue County Savings Bank was organized September 30, 1874. by T. B. Sheldon, J. S. Hoard, W. AY. Brooks, C. Clausen, YVilliam Wichman, E. W. Hoyt, William Eeatherstone, who were the first board of trustees. The first meeting was held in the of- fice of E. S. Hoard, and the officers elected were: President, T. B. Sheldon; vice president, E. AY. Brooks: treasurer, J. S. Hoard. It was opened for business in the .Music Hall block, corner of Plum and Main streets. The present board of trustees are: J. H. Rich, C. E. Hjermstad, B. Gerlach, William Busch and C. J. Sar- gent. The present officers are: J. II. Rich, president; vice presi- dent. C F. Hjermstad; secretary and treasurer, C. J. Sargent. The bank occupies quarters in the Goodhue County National Bank building, BUSINESS AND PROFESSIONAL. Even before the arrival of Hie actual pioneer settlers in this part of the country came the stores — kept by men with licenses from the United Slates government to trade with the Indians, but also with a view to doing business with the lumbermen along the river. From the day of Snow, the first storekeeper in Red Wing, down to the present time, the retail dealers in Red AYing have enjoyed a prosperous trade. At the present time Red AYing has stores which would be a credit to cities of much larger size, and the business judgment and accommodating spirit of the merchants has kept the majority of Red Wing trade within the limits of this city, even though the large city stores of St. Paul and Alinneapolis are not far away. AYhile it is not the intention of the publishers of this work to include a directory in the covers of this book, it is nevertheless a matter of justice to the business and professional men of the present day that their names should be preserved for future generations. At the present time the retail interests in Red AYing are represented as follows : The leading dry goods stores are : Boxrud Bros., oldest dry goods store in Red AVing. 411-119 Alain ('Christian H. and Rich-