The Hancock-Henderson Quill, Inc.



Bank of Stronghurst Holds Annual Meeting

The Bank of Stronghurst held its Annual Stockholders meeting Tuesday, March 14, 2017, at St. Patrick Community Center, near Raritan, IL. Approximately 90 stockholders and guests attended the 12:30 P.M. luncheon buffet and meeting.

Stacie Newberry, President and C.E.O., led the stockholders and guests in the Pledge of Allegiance. The invocation was given by Joshua DeSotel.

At approximately 1:32 P.M. the meeting was opened by George Hennenfent, Chairman.

David Knutstrom and Jerame Cokel served as Judges. Brenda Brokaw was Secretary.

The Chairman called on Joshua DeSotel, Executive Vice President and Cashier for his financial report.

Chairman Hennenfent then called on Charlie Ford, Farm Loan Officer to report on the Bank's loan portfolio.

Each stockholder was given a copy of the minutes of last year's meeting. The Chairman asked for a motion to approve the minutes.

A motion was made by Jerame Cokel and seconded by Jim Blender to accept the 2016 stockholder minutes as presented. The motion unanimously carried.

Judges for the meeting, David Knutstrom and Jerame Cokel, reported 2258 shares of stock represented in person and 3065 shares represented by proxy, making a total of 5,323 shares represented.

Chairman Hennenfent then declared a quorum present for the transaction of business.

Chairman Hennenfent called for the Election of Directors for the coming year. A motion was made by David Vancil Sr. and seconded by Dessa Rodeffer, that the present Directors be nominated for the coming year, close the nominations and that a unanimous ballot be cast to elect the nominees.

The motion unanimously carried. Directors for the coming year will be:

George Hennenfent, Charles E. Neff, Jerry Keimig, Cheryl Waddill, Stacie Newberry, Rodney Brake, and Byron Burg.

 

2017 Directors at the Bank of Stronghurst are from left front:

Jerry Keimig, Stacie Newberry, and back left: Rodney Brake, Charles E. Neff, George Hennenfent, and Byron Burg. (Cheryl Waddill was absent).