Alma record. (Alma, Mich.) 1878-1928, 1889-08-09
ALMA.
A BUSINESS REVIEW.
VS.. TURCK 4 CO.. BANKERS.

III Is 4 self evident 1act tnat BANK
ing houses sustain the most impor-
tant relations to the financial econo-
my of the country. They are the
agencies forthe transactions affecting
Governmental, corporate and indi-
vidual interests, and upon their integ-
rity, energy, and enterprise great
measure of the public and private
welfare depends. If history of the
prominent ones could be presented,
in detail, there would be revealed
figures, facts and incidents, of absorb
ing interest, as to the vastness of
operations, the immensely of trusts,
and the almost unexampled fidelity
of service that distinguish their
career. 1t is not an exaggeration
to say that in no department of bus
mess life is it necessary to maintain
higher standard of character, a
more thorough recitude and more
complete and systematic method
of transactions. Very much of the
capacity for progress that belongs to
any community rests on the nature
of its banking facilities. The sue
cess of a bank means in certain
sense the success of the commercial
circle and the general trade of the
city or town where it is located.
The soundness of the bank is the
best evidence of the thrift of place.
In this country we have private,
savings, State and National banks, al
doing their share to promote prosper
ity and trade and all having their
peculiar features of excellence.
Many people enormously think that
State and National banks furnish
greater security to the depositors
than private ones. Such is not the
fact, for while the holders Of the
bills issued by National banks are
protected by the deposit of Govern
ment bonds to secure their circula-
ton, depositors are protected only
to the amount of their stock, while
in private banking the individual
members of the firm are liable for
every dollar they are worth. The
bank Of w. 5. Turck e Co. is one of
exceptional strength, in all the
particulars that guarantee stability
and the growth that very naturally
responds to the well grounded public
confidence, strong and able in man
agement, strong and conservative in
its established policy, strong in the
moral security of a solid personnel in
its directory and ownership. The
firm consists of w. S. Turck, A. w.
Wright, G. 5. Ward, j. III. Seaver
and Chas. f. Webster as members
with q. 5. Ward as cashier. All the
mem bers are prudent, prosperous
business men, are stock holders in
the bank and own real estate. Mr.
Turck and Mr.. Wright represent
large wealth and the other members
are in good financial circumstances
and all well and favorably known in
this community. Mr.. Ward, the
cashier, has an extensive circle of
acquaintance and a large circle of
pers onal friends gained by his prac-
teal business methods and unim-
peachable character Mr.. Ward is
ably assisted by Ely Brewbaker
young man of exemplary character
and business talents. y general
banking business is conducted. De
posts received, discounts made, for
eign and American exchange bought
and sold, collections made, etc.
This bank is of much benefit
to Alma and surrounding country
and is appreciated as an important
factor in business transactions here.
1t conducts its business without any
pretension to show, but prefers to
conduct its affairs in modest way.
Its history is sufficient attestation
of the exemplary manner in which
It's business has been conducted. 1t
is indeed a worthy institution and
if all banking institutions were con-
Quoted on the same honorable prin-
ciplcs that govern this one, AL classes
would be more benefited and there
would be less bank failures.
IA MnMTInCL y m