St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1889-01-10
ANNUAL BANK MEETINGS.
First National Bank.

holders of the First National bank
was held Tuesday afternoon and of
fcers were elected as follows
Directors: Franklin Fairbanks,
Sumner s. Thompson, Charles w.
King. Angus II. Mcleod, Delazon d.
Wead, Jonathan Ross, Walter P.
Smith
The organization was completed as
follows
President, Franklin Fairbanks.
Vice President, S. S. Thompson.
Cashier, John c. Clark.
Teller, Harry Hibbard.
Book-keepers, George p. Ide, Miss
Agnes H. Hall.
Clerk, d. E. Puffer.
Horace Fairbanks and A. E. Ran
kin have died during the year and
their places on the board are taken
by Jonathan Ross and Walter p
Smith. The original board of di-
rectOrS, chosen when the bank grew
out of the old Passumpsic bank in
1865, consisted of Luke p. Poland,
Horace Fairbanks, Calvin Morrill,,
John Bacon, Charles S. Dana, Frank
lin Fairbanks and George A. Merrill.
Three ofthe original directors, Horace
Fairbanks, Charles S. Dana and Geo.
A. Merrill, have died during the year,
and the only remaining member of
the board is Franklin Fairbanks who
succeeded his brother as president of
the bank last April.
The Merchants NATIONAL
The annual meeting of the stock
holders of the Merchants bank was
held Tuesday afternoon when the
following officers were elected
Directors, W. f. Peck, H. E. Fol
som, George Ide, w. l.. Pearl, l. M
Smith, l.. ID. Hazen, II. II. Powers
The only change in the list of di-
rectors is the substitution of Judge
II. II. Powers of Morrisville in place
of William p Fairbanks The or
ganization was completed as follows:
President, W. E. Peck.
Vice President, II. f. Folsom
Cashier, H. w. Allen
Teller, c. w. Ruiter
The Passumpsic Savings Bank.
The annual meeting of the stock
holders of the Passumpsic savings
bank was held Wednesday when
these officers were elected
President, Emerson Hall
Vice President, T. NJ. Howard.
Secretary and Treasurer, Vim. S.
Boynton.
Book-keeper, Charles S. Adams
Trustees, Emerson Hall, Theron M,
Howard, Truman {. Fletcher, Ed
ward F. Brown, Walter P Smith,
VIM S. Boynton, Henry c. Ide, A.
Barber Noyes, Ezra A. Parks, Cloud
Harvey, John H. George.
Investing Committee, Emerson
Hall, E. F. Brown, II. c. Ide, w. S.
Boynton, E. y. Parks.
The Passumpsic savings bank
have carried So, 800 to their surplus
and declared a dividend of 9 per cent,
making the dividend for 1883 IA per
cent.
The Barlow assessment case has
been settled and paid during the past
six months and the trustees deem it
advisable to make temporarily a
slight reduction in the dividend and
thereby strengthen the guarantee
fund which now stands at $31 800
Lyndon Savings Bank.
At the annual meeting yesterday
the following officers were elected
President, |. w. SanbOrn.
Vice President, Vim. l.. Pearl.
Treasurer, Ida S. Pearl.
Trustees, l. w. Sanborn, l.. X.
Quimby,. j. w. Copeland, w. L. Pearl,
II. +. Pillsbury, c. d. Bigclow, w. A.
DcnSmOre
The savings bank corporators
elected J. F. Ruggles of West Burke
to be one of their number. 1t was
voted to make the full board of trus-
tees an investing committee.
The past year this bank has carried
as much to the surplus fund and has
paid as large dividends as the law
allows and still has handsome sum
to put into premiums of high priced
government bonds. The entire eX-
pense of operating the bank, includ-
ing state taxes, is less than one per
cent of the deposits
National Bank of Lyndon.
At the annual meeting of the stock
holders of this bank Tuesday the old
board of directors were chosen con-
sisting of d. n. Trull L. X Quimby,
Henry Chase, c. NJ. Chase and B. F.
Lincoln. Theelection ofofficers comes
next Saturday.
The bank has declared 4 semi-an-
nual dividend of 3 per cent 1t adds
212 per cent to undivided profits max
ing the surplus and undivided profits
$40, 900
LyndonviIIe National Bank
At the annual meeting of the stock
holders of this bank these officers
were elected
Directors, c. \. Harris, II. F. Pills
bury, {. d. BigelOw, ]. w. Copeland,
]. F. Ruggles.
Caledonia National Bank.
At the annual meeting of the stock
holders of the Danville bank Tuesday
these officers were elected
Directors, J. A. harrington, James
Crane, George B. Davis, H. S Toll