Lincoln telegraph. [volume] (Bath, Me.) 1836-1846, 1840-02-27
BANK REPORT.

We copy the following, from the Report Of
Bank Commissioners, which will interest por-
ton of our readers. We are happy to perceive
that the Banks in this State, generally, sustain a
good character, especially those in this County.
In Bath are three banks, the CONNER
cial, Lincoln, and Sasadahock-aggrega ate
capital 2O0, 600 dollars.
The Commercial Bank, chartered Feb.
l6, lS32,-has Directors Jacob Robinson,
President, Gilbert Trufant, William ID.
Sewall, all of Bath, Thomas nj. Reed OF
Phipsburg and William Patten of Rich
Hlond and Thomas Agry, Cashier.
Trial Balance. Liabilities. Capital
Stock, 10000. Bills in circulation, 21 ,1l7.
Deposites, 2,349 90. Dividends unpaid
735 so. Profits on hand-74, 202 49,
Resources. Real Estate, $50 Dis
counted paper and Interest, SO, 1858 IA
Loan to the State, 6, 800. Due from other
banks, 4,765 o. Bills of other banks,
1871. Specie, 1897 s5-S74,9o2 10.
Liabilities Of three Directors, IA $50
dollars-of all l6, $50 dollars. Last years
dividend six and one-quarter per cent
Taxes paid to the State $3.50 dollars. Mum
Der Of Stockholders SO Of the discounted pa
per, the Cashier says, there are not exceed
ing 900 dollars considered doubtful
Books and bylaws very good. The Act
of Feb. 1888, to increase the Capital was
not accepted.
Lincoln Bank, chartered Feb. IL, 1882,
IA continuation olthe one incorporated in
1879 has Directors, George +. Patten,
President, Levi Houghton, Joshua Page,
William Richardson, Ammi R. Mitchell,
Samuel Gray, William M. Rogers and
Green Richardson, Cashier.
Trial Balance. Liabilities, Capital
Stock, 100, 900. Bills in circulation, So
.4O3. Deposites, 3O,655 81. Dividends
1900. Due to other banks. 1921 70. =
Profits on hand, 2,722 OF. $lS7,035 81.
Resources. Real Estate, 5000. Dis
counted paper. la, 026 81. Loan to the
State l2,272. Due from other banks,
4O,3O6 Bills of other banks, 4,639.-
Specie, 10, 79l 64-$187 ,O35 81.
Number ofStockholders 81. Last years
dividends eight per cent. Amount of bank
tax paid to the State, by the old bank 49,
900 dollars by the present 1000 dollars.
Discounted paper is in remarkably good
order, nearly every piece being secured
by three names. Not single NOTE DEEM
ed doubtful. Stock in this bank is said to
be five per cent above par. There is prob
ably no better bank in the State than
this.
Sagadshock Bank chartered April 1,
1896, has Directors, Joseph Sewall,
President, Thomas d. Robinson, John
Smith, William NJ. Reed and Thomas
20
Of Bawdoinham, and Moses Riggs of
Georgetown.-Daniel F. Baker, Cash
ler
Trial Balance. Liabilities. Capital
Stock $4,000. Bills in circulation, 3d.
COS. Deposites, 1881 45. Dividend
unpaid, gel. Due to other banks, 2l5
80. Profits on hand, 206 60. sos, 1929
49,
Resources. Discounted paper, GLOSS
O5. Loan to the State, $3.50. Due
from other banks, 81 $40 80. Bills of
other Banks, GAG. Specie 1905 l3.-
Other debts due, l3o-$99, 329 SO.
Liabilities of the Directors, 1874 dol
lars. Dividends of last year seven per cent.
Amount of taxes paid TO the State ,424
dollars 25 cents. Number of Stockhold-
,ers "a. OF the Discounted paper"
most of II secured by three names, and the
President thinks none is doubtful. Dis
counts are generally made for three. not
over four monlhs--,he securities are OF a
business form-a few Joint aud several
Stock in this bank IS said to be worth
three per cent above par. Zach OF Inc
banks in Bath have in the Suffolk n per-
amanent deposit of 1000 dollars; the re-
mainoer of sums due from other BANS
is deposited in the Globe Bank, Boston. at
four percent, on the lowest balance, due
from it each month.
At TorsHAM is only the Androscoggin
Bank, chartered Feb. /, 1884. Its Di-
rectors are Chas. Thompson, President,
Humphrey Purnton, John Barron, Da-
sid Scribner. Nahum Perkins. all of
Topsham; and John Coburn, Cashier.
Trial balance. Liabilities. Capital
Stock, $3.50, 900. Bills in circulation, 3d.
7l3. Deposits 1929. Dividends un-
paid, 70. Profits OH hand, 4429 o.
800. 449 o.
Resources. Real Estate S2.loo. Dis
counted paper, 66,365 so. Loan TO the
State, 6,l2O. Stock in the Brunswick
Manufacturing Company. 1853 90
Due from other banks, 20,139 10. Bills
of other banks, 1923 Al. Specie 2, l3l
40 S99, 449 OIL. .