In 1904, a man by the name of Detroit Francisco and his son, San Francisco, started the Gray County State Bank with $10,000 in cash. Sixteen years later, the bank offered a job to a young farmer by the name of Ruel V. (R.V.) Butcher, and he started there on Jan. 1, 1920, with an annual salary of $1,200. R.V. had arrived in Gray County, Kansas, 19 years earlier with his parents on a train from West Virginia, homesteading on a ranch east of Cimarron, Kansas. He started out sweeping sidewalks and helping anywhere else he was needed, and he quickly began to work his way up at the bank. By April of that year, he was elected Assistant Cashier, and the Butcher legacy was born.