Lynne Peter Atmar

(December 26, 1876 - August 12, 1946)

"Lynne P. Atmar was born at Pennington, Texas, December 26, 1878. The first eighteen years of his life were spent in his native village, and while there he attended the high school and coming to Groveton began his business career as a drug clerk for John R. Collins. During the three and a half years spent in the Collins store, he learned pharmacy and became a skilled prescription clerk. He gave up the drug business in 1901 to take the position of bookeeper with the Farmers & Merchants Bank, a private institution owned by Judge George W. Riddle of Dallas. Mr. Atmar soon proved his ability to Judge Riddle, was closely associated with that well known financier, and rapidly advanced from the position of a minor clerk to an executive official. The Farmers and Merchants Bank was nationalized as the First National Bank of Groveton on July 17, 1902, with a capital stock of twenty-five thousand dollars. The first officers were: Judge Riddle, president; A. B. Ives, vice president; L. R. Fife, cashier, and L. P. Atmar, assistant cashier. In September, 1903, Mr. Atmar was made cashier, and in 1906 became active vice president and cashier on the retirement of Mr. Ives. Mr. Atmar in 1908 was elected president, and the other officers were Hayne Nelms, vice president, and R. R. Robb, cashier. In 1908, after paying an annual dividend of ten per cent on the capital stock from the date of the charter, the surplus earnings were used to increase the capital to sixty five thousand dollars. Since 1908, under the continued efficient management of Mr. Atmar, the bank has paid a twelve per cent dividend on the increased capital. In 1901 the deposits aggregated thirteen thousand dollars; at the present time, twelve years later, the average deposits are three hundred and fifteen thousand dollars, while the bank has a surplus account of thirty-five thousand dollars and an undivided profit account of ten thousand dollars." (http://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=40301865)

In 1910,
Atmar is 32 years old, divorced, living as a boarder with a family and is the
President of the First National Bank of Groveton.

In 1920,
Atmar is 43 years old, married to 26 year-old Mabel, has a 4 year-old son, and is still the
President of the First National Bank of Groveton.

In 1940,
Atmar is 63 years old, still married to Mabel, & his son, now 23, is a clerk in the bank. Atmar continues as the
President of the First National Bank of Groveton making $3,000 annually.
The sequence of the census implies that his neighbors are W. L. Hutson, Assistant Cashier, and Rolland Smith, Cashier.

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