Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1874-01-21
S2,G8G.85
l,208.20

i
exertions Of Richard O. Conant, Esq, and
this Association hereby tenders to him its cor
dial thanks for the interest by him manifest
ed, and the time and energy by him given and
| displayed, and his untiring zeal rendered, by
which the first exhibition has come off "cock
| of the walk"
A vote of thanks was extended to the Of
fcers of the Association for their labors.
| The Association then proceeded to the
election of officers for the ensuing year. Mr..
r. O. Conant of Portland, was chosen COM
mittee to receive, sort and count votes for
President He made the following report:
| Whole number of votes, Is
| Niece ssary to a choice,
| Albert Noyes had 10
| X. O. Conant, )
| and Albert Noyes of Bangor was declared TO
be reelected President.
| Mr. Haskell was appointed committee to
| receive, sort and count votes for Secretary.
Subsequently he made the following report
| Whole number Of votes. 10
| Necessary to choice, d
Fred Fox had
| Geo. ID. Stockwell
and Fred Fox of Portland was declared to be
reelected Secretary.
| Fred f. Harris of Portland was nominated
by acclamation for Treasurer, and was unan-
| imously elected.
| Fred Atwood of Winterport was appointed
| to receive, sort and count votes for Vice
Presidents. The following were chosen:
VICE PREsIpENrs-Chas II. Haskell Port
land; +. Dana, Jr., Portland; w. z. Ather-
ton, llallowell; ii. Leavitt, Skowhegan; Ezra
| Manter, Winterport; 5. ID. Stockwell East
Eddington Seward Dill, Phillips S. 7. Hol-
brook, Oxtord j. A. Lord, kennebunk;
Frank Buck, Orland.
| q VI asken of Portland was aDDoiptc1
committee tc receive, sort and count votes for
| Directors. The following gentlemen were
| chosen:
| DlREtToKs- Fred Atwood Of Winterport;
Il. O. Conant of Portland; b. NJ. Hight of
Skowhegan; w. Z. Leighton Of Augusta B.
| II. Lewis OF Deerng; +. J.. O. Adams OF
Portland.
On motion Of Mr.. Conant, adjourned
The Maine Banks.
Hon. w. W. Bolster, The Bank Examiner
this State, will shortly issue his annual report
to the Governor and Council. From it We
learn that the present number of Banks Of
| Discount and Deposit now doing business in
the State, is three; the Savings Banks, fifty
six; all OF which have been carefully and
| thoroughly examined during the past year,
and an abstract o: the examinations of the
Savings Banks is given in the report, show
ing specifically and in detail the securities,
resources and condition of each bank as it ex-
listed on the day of its examination.
BANKS OF DIsCouSr AND DErosTr Two
| of the five banks of discount reported last
year have surrendered their charters, and or
ganized and commenced business as national
10 onI Y ina a.,l,
Bank, Rockland. The charters of the three
remaining State banks will expire in October,
| 1875, and probably a renewal of charter will
not be asked for. The outstanding circula-
tionsof these banks is S3,GS3. They have
redeemed the past year S5i
| The affairs of the American Bank of Halo
WELL which failed was placed in the hands OF
Receivers in September, 1865. The amount
collected by the Receivers from assets, assess
ments and costs paid in by stockholders, in
terest from deposits, &C., is 40,2503j, Paid
on liens, mortgages, &c., and 20 per cent. on
creditors claims, $40, 545.99 leaving bal
ance Of $50, 7043G The outstanding certifi-
Gates of claims proved against the bank
amount to $50, 09G2i. The amount on hand
would pay dividend of about &C cents on the
dollar. The holders of 81 shares have paid
| their assessments. Compromises have been
made with the holders of 10 shares. About
| 100 shares belong to estates which are nsol-
vent, or have been settled so as to bar the
| claims. About 800 shares belong to owners
who refuse or neglect to pay, of which quite
number are known to be responsible. The
| bill in equity which has been pending in the
Supreme Judicial Court against the stock
holders was argued on demurrer in May last;
the Court has not announced its decision. 1t
will, no doubt, be made known soon, SO that
the numerous creditors may receive the small
amount due them, and the affairs of the bank
| may be closed.
| SAVINGS BANKs.--Two of the ftty-six Saw
| ings Banks have been organized and COM
mcnceI business during the last year, namely:
| Hancock County Savings Bank, Ellsworth;
South Paris Savings Bank, South Paris. The
deposits and profits of the Savings banks on
the third day of November last were $29,-
500, 523.S4.
The assets, as compared with 1872, are as
| follows;
ASSETS. 1872. 1873.
| Invested IN United states
bonds, 9l26s, 7oi o. 1914 l0i Al
state of Maine
bonds, 3}i, 700 0o 37l933 %
other State,
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