Show CAS IllER DOOLY DOOL Y RESIGNS fr SUCCEEDED BY LIPMAN OF SAN FRANCISCO INSTITUTION r po W ells Man Retires From Local Bank and His HisS Successor S at Once Takes Charge of Management i J H- H HJohn John E. E Dooley has ha resigned ned rom his his position a as aM cashier o of ot Wells Wells- eUs- eUs f ff I f- f Fargo's bank and today tolay announced his successor F. F S. S Lipman assistant f ca catchIer cashier of ot the San Francisco bank f Mr Dooley has b been n awaiting the arrival of or his hs successor before beCore makIng makIng mak- mak 4 Ing Ins a public announcement of ot his resignation Mr fr Lipman came In from rom 4 San Francisco this morning several lays days g sooner than Mr 11 Dooley ex- ex f Mr lr said Mid to The Telegram today f to resign I would have haver that when I was ready 0 4 I told l you yesterday successor Here he ho is He came a little HUle sooner r ff 14 the pleasure of or naming my 4 than I expected but Is welcome just the same ame I handed my resignation he arrived Cd I I. I didn't watt walt for Cor anything Then on 4 to Mr Ir King King- Kingas as a soon as not been accepted I wrote to them had resignation 4 July when m my ny 4 demanding that It be accepted Immediately 44 4 4 Mr Dooly Dooh was very affable affable this morninG an and Jokingly told the reporters re- re 44 4 1 4 port porters rs that he did lid not wish to see them get scoop scooped pd When speaking 4 of or hl his post with the bank Mr 11 Dooly said with a a. great deal of pride that 44 4 4 he had been connected with the bank for Cor twenty-five twenty years and mentioned men- men 44 4 4 the amount of or profits to the bank In that time He said 4 4 t- I i 1 came hero May 15 15 1876 and have been at this desk e k ever since In 44 4 4 that time this bank has cleared in excess of ot I shall continue to 4 live in Salt Lake City and you will find nd m ma me at this desk k until Mr 11 Lipman 4 4 has been here lon long enough to become thoroughly acquainted with the thet 4 t business s here I have no further statement to make at this time There 4 4 is nothing more to be said Bald except as to the bank IL itself elt You may sa say 4 4 that the Fargo Far lIs-Far o banking company is capitalized for It 4 4 has paid semi-annual semi dividends of 3 per cent on January und July 4 4 with an extra 2 per cent dividend January and 1 per cent July 4 4 making making- a total of ot 0 9 per cent this year rear Tho The stock was quoted this 44 4 4 morning at 44 4 1 4 4 Mr Lipman said Bald that he came only as acting cashier in order to f 4 relieve Mr h Dool Dooly As to whether r he would remain here permanently 4 he said that he had not the tho remotest idea The annual election of or officers 4 4 for tor the Well Fargo Fargo company will be held August and he may know w 4 by the action taken at that time Mr lr Lipman has been with Wells Wells- 4 Fargo's bank at it San Francisco for twenty years ars and has been assistant 4 4 cashier for forten ten years cars In the latter position he hc has had placed had placed upon him 4 4 the active work ork of or cashier cashi r in the h home mp bank Mr Lipman is a man an of 4 hii L 4 1 middle lle ape age r i 4 that his resignation chairman chalman o of th the i Board o f of ot Pub Pub- 4 t 1 i I 4 lie lic Works was tendered Mayor Ia or Thompson at atthe the beginning of the Mayors Majors Ia ors 4 r 4 pr administration nt n as were verc those thos of or the other othel members of pr t the e board 44 4 4 No action has been taken b by Mr Thompson AIr Mr It Dooly declared it to be behia behl 4 4 his hia hl ambition to remain on the board until the paving of oC the streets to 4 the depots is completed f 4 4 4 44 4 4 4 |