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| | HR0961 | | LRB097 21147 KXB 68654 r |
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1 | | HOUSE RESOLUTION
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2 | | WHEREAS, The concept of today's savings banks and savings |
3 | | and loan associations has been in effect in the State of |
4 | | Illinois since July 1, 1872, when the General Assembly passed |
5 | | an act to enable a group of individuals to raise funds for loan |
6 | | purposes among its members; and
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7 | | WHEREAS, Savings banks have grown and prospered over the |
8 | | years, becoming strong financial institutions that contribute |
9 | | to the betterment of their communities in the process; and
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10 | | WHEREAS, Hoyne Savings Bank of Chicago, chartered on |
11 | | January 1, 1887, is celebrating 125 years of continuous service |
12 | | to the community in 2012; and
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13 | | WHEREAS, Hoyne Savings Bank has served as a bulwark of |
14 | | confidence and strength for the entire Chicago community and |
15 | | has weathered depressions, financial crises, and other |
16 | | calamities that have plagued the nation throughout its 125 |
17 | | years of operation; therefore, be it
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18 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE |
19 | | NINETY-SEVENTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that |
20 | | we congratulate the board and employees of Hoyne Savings Bank |
21 | | on the occasion of the 125th anniversary of the institution and |