On This Date in Minnesota History: May 18

*May 18, 1914 – The Minneapolis district regional reserve bank became a reality today when representatives of five national banks in the district met at the Northwestern National Bank in Minneapolis and signed certificates of incorporation. Similar action was taken in the 11 other districts of the Federal Reserve System.

Immediately following the signing of the articles E. J. Decker, president of the Minneapolis Clearing House Association, wired M. C. Elliott, secretary of the organization committee at Washington, that the incorporation had been effected.

The signed articles of incorporation were mailed to Washington in the afternoon.

The incorporation was accomplished in record time. Promptly at 11 a. m.. the time for which the meeting was called, the incorporators met in the directors’ room of the bank.

No chairman was elected, and all formalities were sidetracked. Mr. Decker presented to the incorporators the certificate of incorporation. The 10 signatures were appended in five minutes and the incorporators went to lunch at the Minneapolis Club as the guests of the Clearing House Association.

The Minneapolis Morning Tribune; “Reserve Bank Is Reality It Takes Incorporators Just Five Minutes to Sign Articles.”; May 19, 1914; p. 9.

Federal Reserve Bank, Fifth and Marquette, Minneapolis

 http://www.cassgilbertsociety.org/works/mpls-fed-reserve/

               __________________________________________________________

If you are interested in finding out more about your family history in Minnesota, I specialize in researching  genealogical and historical records in Minn. and western Wis., including: census records,  birth records,  death certificates, obits, grave site photos, ship passenger lists, marriage records and declarations of intent/naturalization records.  I will visit locations to research local history and county records, as well as take photos. Quick turnaround on MNHS records. Both short searches and family history reports available.

                                                         

Discover your roots, and watch the branches of your family tree begin to grow.

Website:  TheMemoryQuilt.com > click on Family History

Contact me at: pjefamilyresearch@gmail.com