The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1819-09-22
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SAVINGS BANK,
~ or NEWPORT.

40: xt:o--
The Board of Directors of the Saw
ings Bank, have the satisfaction to an
Hounce to the public, that the institu
ton has commenced its operation with
very ilauering pressges Of its future USE
fitness. The Deposits already made at
the first opening Of the Bank (notwith-
standing the pressure of the times, and
the limited Information which has been
given Of the design have by far exceed
Cd their most sanguinc expectations, and
are such as to warrant them in the opin-
ion, that when the plan and object of the
Institution shall be fully understood, ard
the advantages resulting from it duly ap-
preciatetl, it will meet with that univer-
sal patronage which has sustained SINH
lar establishments in other places, and in
sure the complete success Of this.
Although the Institution bears the
local name of the f" Sasmgs Bank or
NcgvtOrf," it is not intended to con6ne
its benefits to The inhabitants Of this
town exclusively. Citizens of the neigh
shoring towns, aud Farmers, Manuiac-
fturcrs, Laborcrs &c. of this vicinity, are
Invited to avail themselves Of its advan-
tages. Here they will find secure and
profitable depository Tor their spare cash
srcturnable with interest when they stand
IN need Of it.
- The Institution furnishes, also, to
seaIacing men, the safes, and best means
of securing and increasing the fruits of
their industry. Some of this useful class
of our fellow citizens have already de-
fposited small sums, with determination
q to add to it from their future earnings.
, Ship owners and masters, would do well
cfj encourage and recommend similar
course to all in their employ.
10 To give every information necessary
ITO perfect understanding Of the subject,
J The Charter and BY. Laws, with list Of
J. the Directors and other officers of the
institution is now published, and it is
sincerely hoped, that all well informed
J, persons, favourable to the undertaking,
4 will use their best efforts to diiiuse the
necessary nlormation---explai the ob-
& iects of the institution---and recommend
Its advantages to that portion of the com.
munity whose interestit is specially in
u tspdcd to subservc.
II State of Rhode Island, and Providence
So Plantations.
In General hsscmb!y, June Session, II.
:, h,- u. 1919.
;:r5 ;;:<sr5 An act to incorporate the SAVINGS
4BANx Of Newport.
f<A.Szc. l. BE IL enacted BY the Cen
fssai AsScm6ly, and by the authority
ktisyeor it is enacted, That Robinson
Potter, Dutee J. Pearce, James Town
send, and others, be, and they hereby
are created and made corporation and
body polite, by the name, style, and
I title. of the SAVINGS BANK OF
';-NEWPORT; and that they, and such
ekhrrs as shall be duly elected member s.
Of thcsaid corporation as is liz this ac'
~psovidcd, shall be and remain bod,
politic and corporate, by the same name.
md style a title power. Provided, the
!. 80 corporation Shall always be coasid-
(>c1cd subject to any further act or acts o.
s{}Ia Legislature relating thereto, either IL
udment or repeal Of this act.
Sc. g. Ind he IL frfsrr crsesed
q tic said corporation shall be caps
otreceiving from any person or pc
dlsposed to obtain and cpjoy the ~
- = 'of said institution any deposi.
ixs o( money, and to usc and