Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1846-12-10
VERMONT PHOENIX.
Brattlcboro, Thursday, Dee. 10, 1916.
SAVINGS Bank in RrntlIehora.

Savings Bank in BrattlebOro.
In another part Of this days paper will he found the late
act Of Legislature Incorporating The Wndhlm Prov
ident Institution for Savings IAN Institution the want Of
which has been long felt amongst and the object Of
which il provide method Of enabling the industrious
and economical 10 invest such portion of their property
they conveniently spare, IN sueha will aod
beth security and profit is Importance to this commun
~ will be we'll illustrated by inserting here the las, annual
Report Of a similar Institution located at keene, n u
where many citizens Of our county have heretofore made
their deposits from Of such place Of deposit
home.
TniErrrSru AssuAL RrroRr or rHr CnrsnIRE Paov
IDFsr lNsftrUrfos SAvisos.-1be Trustees of the
"Cheshire Pnvdent Institution for Savings, by the I'M
dersgncd their COMMITTEE, appointed for the purpose, DO
in compliance with the directions Of the Bylaws, submit
10 th- Corpssslioa the following Report the STAIRS Of the
Institution, for the year ending the siti day OF January,
1896
The whole amount Of moneys deposited the Treasury Of
the Institution, sinee commenced busiress Sept 10th,
is33 Jan g. 1886, the same having been deposited by
25s7 different persons, 800, 80 w
dcads 55,i63 on
Add the amount Of 18th dividend due 7,h Jsuua.
~, 1876. a.dJO W
Add the amount Of surplus profits hand 3,955 10
Maxim, in all the sum total Of s95JOGo 70
The whole amount Withdrawn by depnsitors dur
lag in all 1870 payments. Is I62,595 II
leaving balance held in trust 23i ,O7i %
The funds Of the Institution situated as fJlows;
Loaned on mortesge and personal security LOCI 90
Interest due bot not rscriyed 2Gb ~
Cash on hand, 9th inst lI31<o VI
23l O7i %
During the past year SO deposits made5i7 old
and $40 aceounts-the whole amounting To the
sum Of " COS 20
during the same time. 25a depo.i,ors have with.
! drawn Of principal, the sum Of u Oos 81
|
Leaving the increase Of deposits or the year 1899 ~
OF the accounts with deposors the Treasurer reports
t2 have becn closed during the past year and that Of
! the SIC deposits u the year, ar2 were from females
The Of Cash above stated 10 be hand the 9th
instant the day for closing The accounts for the year. has
been rednesd BY payments and loans The notes and
srcufes have all ren carefully examined BY said Com
nl,ee and found to correspond with the record Of the
Treasurer and, their opinion the funds Of the nsu.
I ton well and safely invested
I ,o H I; ,o ELLIOT, Com. Of hoard
sAML WOODS } y i'A"''''
| Kecne, Jan lfih, 1916
On examining the foregoing Report the reader will be
struck with the Of deposits made up ast oI
small suns being than three auouni the
Capital stock Of the Bank Of Barboro and the proportion
Of Female drposors Add here excellence of ihesr
Savings Banks, furnishing they DO place where
industrious Femalcs-our Young Men and Boys-w he have
earned Few dollars which they would lay aside for time
Of need but who all unsked in the and mystery
money lending, deposit their earnings with safety,
where they will be We believe the direct in
huenee of these Institutions has been create habits
economy and industry sm9ngst young pers in placer
where they established who orn vie with each other
10 who shall get the largest deposit
The frs, meeting of the Corporaiors named in the
fore referred 10, holden this village "Wednesday
Of last week. when the following persons elecie,
members Of said Corporation
n. d. willrsion, Samuel Duiion, WIN II. Rockwell
IsFse Iswton John Rice. Barnard Lynde Rufus X Hen
~, Phineas Ms,her. Daniel Kellogg William Harris Ellie
~ Albee Russell yde, Abishai Sloddard Joseph Clark
code Of BY Laws then reported, discussed an,
adopted. and the following persons elected officers
I'll the first annual meesng, which will be holden th
first Wednesday Of January next
l.. c. Mead, President; Henry Smith, Vice Preside ut
Joseph CLARK Secretary II. s. Noyes, Treasurer.
Trustees @. G. Hail. Asa Reyes, Jos steen, Royal
Earle, s. +. Thompson, Ebenr Howe, IT, Israel LAwlon
7 John Rice Barnard lynde, Rufus X Henry, Phineha
Maiher, Daniel Kellogg, ~ d. wilIslon, Samuel Du,ion
WIN. II. Rockwell.
Each DepositoF will be furnished with Book, in whic
the Treasurer will the Of his her deposit
and which will contain abstract of the bylaws Step
have already been taken provide the necessary Books
Accounts and Records, and the Treasurer will be ready
receive deposits the I'd Tuesday If January asz fron
which time they will draw interest We hops the man
small of money! and not few large ones, sowe
away in old stockings aud cscW here Of the pos
the public, will be all brought forward tina
day, and deposited in ISsrrurlos SAytsss.