The Hickman courier., 1877-06-01
Another Bank Meeting.

The citizens OF Fulton aud vicinity was
called together again May 26,h, 1871,
pursuant TO a call made by the Chairman
G. S. McFall, to further consider the
National Banking interest which has
heretofore been under consideration and
previous measures adopted. The Chair
man after calling the meeting to order
appointed committee, who submitted
the following preamble and resolutions ::
WHEREAS, The laws governing the or
gauiLatIOn of National Banks require a
capital Of not less than one hundred thous-
and dollars, be it
Resoired therefore. that we earnestly
solicit the cooperation of all the capi'at-
lists IN our vicinity for the establishment
of the above enterprise; aud
Whereas, John Wilson. of Hickman,
KY, has been recommended as the hrst
President, of said bank, and l.. ). Eddings,
first Cashier; and
Whereas, The said Wilson and Ediiugs
have been directed TO open books for the
subscription TO the capital stock OF said
bank; aud
Whereas, 1t is deemed advisable to Sc
lect a directory to be r.comm, n led TO sai
association for the permanent c. g mia
tion OF said bank; therefore be IL
ResoiUed first, that john A. Wilson, and
L. ;. Eddings be, and they are hereby ap
pointed Trustees for said association, and
they are hereby clothed with all Il g
powers and charged with all the duties
and liabilities of trustees for said Asso-
citation; and the stockholders thereof AMI
as such Trustees, they shall do ali things
that may be necessary, TO take suoscrtp
tiOns for said capital stock ami TO collect
from time TO time, such instalime ents on
said stock as they may be directed to col
lect, until the permanent organization Of
said bank.
ResoEred, 2nd That Geo. l. McFall. of
Obion County, Tenn; K ). Neviil, OF
Clinton, KY c. II. Hubbard, of Hickman,
ny; Z. VI. Usher, of Fulton, County, Ky;
Wood NJ Jones, of Moscow, KY; DR.. Chhs.
Miles, of Jordan Station, ky-; Vim. Hale,
Of Lynnville KY; John Freeman of Duke
dom, Tenn; L. B. EddiRgs, aud J. K.
Luton, of Fulton Ky, be, aud they are
/ hereby recommended 10 the Stockholders
/ as the frst Directors for said bank.
! Resolged, 3rd, That Geo. w Martin, of
Martin, Tenn, be, and he IL hereby re-
CONNIE nded as the first Vice PresideHt OF
/ the said bank.
/ ResotUed 4th, That the said Wilson and
/ EIdings, be, aud they are hereby direct ed
/ TO open the books for subscription for the
/ capital stock of said bank AT Fulton an i
! Hickman, KY, on the first Monday in
! June next, and keep said books open for
/ 80 days, or until the whole of SAID capt
I tai stock shall have been taken, and Il
! then said stock snail not have been all
/ taken within the time aforesaid, they are
directed TO proceed TO raise said stock al
! such other points as they may selec
and for this purpose they shall open said
/ books Gt such place or places as they may
select. The said subscription shall be on
( the following terms: The whole of said
stock shall be paid in as called for, on
not less than 80 days call after the whole
amount of said capital stock shall have
been subscribed : ProDidsd, That for the
purpose of organization, two and one
half per cent. On the capital stock, may
be called tor on ten days notice after the
whole amount has been subscribed.
ResoIved 5lh, That tue sad bank shall
be known as the FIRST NATIONAL Ban X
OF FULTON, KY.
GEO. l. MCCALL, Chm.
! n J. PAsCHALL, 5ec'y-
The above preamble and resolutions,
after having been submitted, was adopted,
A motion was then made and carried that
the Hickman COURIER and the Fulton
Times Observer, be requested to publish
the above proceedings,
A motion was then made TO adjourn the
m Getting until it was thought necessary
TO have another convention. The motion
prevailed n. }. PAschALL,
Secretary pro tenn.