F. BIRD FRY

 

     As cashier of one of the foremost financial institutions of Corydon, F. Bird Fry occupies an important position.  Many are the duties of a bank cashier and the position is such as to demand many high qualities and a clear judgment in extending credit, making investments and generally managing the affairs of a financial institution.  Mr. Fry has occupied the position of cashier of the First National Bank since its organization in February, 1912, and was cashier of the Citizens State Bank, of which the First National is the successor, from March, 1909.

     Frantz Bird Fry was born in Wayne county, Iowa, on the 2d of March, 1875, and is a son of Francis R. and Carrie M. (Kellogg) Fry.  They were early Iowa settlers, to which state the father’s family came in 1857 and the mother’s in 1865.  Frantz Bird Fry was educated in the district schools and graduated from the Corydon high school with the class of 1895.  For two years thereafter he attended college at Grinnell, Iowa.  When the Spanish-American war broke out and a call was sent forth for volunteers he enlisted in the Fiftieth Iowa Infantry, April 29, 1898, and was mustered in on May 17th of the same year.  He remained with his regiment until November 30, 1898, when he was mustered out at Des Moines.  On January 1, 1899, Mr. Fry became connected with the banking business as assistant cashier of the Farmers & Merchants State Bank, of which he was made cashier on February 1, 1904, and served in that capacity until January 1, 1907.  In April of that year he was appointed receiver of the Farmers & Drovers State Bank of Seymour and discharged his arduous and important duties in that capacity with great circumspection and ability.  In March, 1909, he was called to the position of cashier of the Citizens State Bank of Corydon and on the organization of the First National Bank remained in the same capacity with this institution.  It can be truly said of him that his services has been of the utmost importance to the bank and that by his work the standing and resources of the institution have wonderfully increased.  His judgment in matters of finance is clear and he knows how and where to extend credit, where the most profitable investment can be secured, and is generally well versed in all matters pertaining to finance.  The First National Bank is the outcome of the Citizens State Bank, which was founded in 1882 with an authorized capital of sixty thousand dollars, which in January, 1894, was reduced to thirty thousand dollars.  On account of growing business the bank increased its stock again to sixty thousand dollars, full paid up, in 1900, as a surplus was added thereto from year to year the capital and surplus reached, in January, 1906, the formidable figure of one hundred thousand dollars.  The First National Bank was organized in 1912, after taking over the resources of the Citizens State Bank, with a fully paid in capital of seventy-five thousand dollars, and its officers consist of:  C. W. Steele, president; Lemuel Kimple, vice president; F. B. Fry, cashier; and J. T. Rodgers, assistance cashier.  The board of directors consist of C. W. Steele, Lemuel Kimple, F. B. Fry, Belle B. Sproatt, W. E. Miles, J. A. Hogue ad W. G. Walker.

     On June 28, 1899, Mr. Fry was united in marriage to Emma C. Stromsten, of Corydon, who is a daughter of G. A. and Sophia Stromsten, natives of Sweden.  Mr. and Mrs. Fry have one son, Lawrence L., born November 22, 1902.  Both are members of the Methodist church.  Mr. Fry is public-spirited and has not only in the course of his position as cashier indirectly benefited the community and contributed to its growth, but has found time to actively participate in the municipal government as member of the town council.  He has always interested himself in the matter of education and also served as a member of the school board for a time.  By industry and energy he has found substantial reward in his labors and has made a creditable business record, having made steady progress in his line of work by the utilization of every opportunity as it presented itself.  He is a man of strong character and recognized as a forceful element in the community, his sterling traits having won him the high regard and confidence of all with whom he has come into contact.

 

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