The times. [volume] (Richmond, Va.) 1890-1903, 1893-04-01
NEW BANK'FOR NORFOLK
ORGANIZATION or THE INsTTTU-
TON TO BE EFFECTED SOON.
Capital Stock VIII be . Quarter OF Mill
lion Doliars--The Officers and the
Object--virginis News.

NORFOLK. VA, March 1.-speciai.-
Norfolk is TO have another bank. The
subscription committee is composed OF
Messrs. &. G. Ramsey. c. w. Granny
Colonel George Tate. T. r. Ballenune'
A. l.. Thorn. +. 5. Taylor. 5. Q. Collins
henry kim, w. W. wear and w H.
White. There are no better business men
in Norfolk than these. and they repre-
sent every department OF trade. Inc
subscriptions now foot up S1OOOVO' Out '"e
gentlemen interested have decided 10
make the capital stock $4,000. The char-
tered title OF the concern Is lhe MI
folk safe Deposit and Trust Company,
but the name under which the bank VIII
be operated will be THE Nortolk Balm
for Saving and Trust" The intention III
starting the new bank is stated 10 De
mainly as a bank for saving. II oelhB
the opinion OF the promoters that thtIV
IS now a good opening I'm NOTION nv
trust feature of the institution VIII oe
for the purpose OF accepting appointment
and discharge the duties or executor, au-
ministrator. curator, guardian, committee,
receiver, trustee or assignee 10 take anu
accept by grant, assignment TRANSFER
devise or Request and hold any real or
trusts as are allowed by the laws OF TINS
State in case OF a natural person. FOR
some time the construction of the build
ing for the new bank has been In pro-
gress. and will be completed by the iast
of MAY. IL Will be located just back or
the new public building on the corner
OF Plume and Atlantic streets. Inc
bank building is three stories hlgh, ana
shows a handsome pressed brick 'front.'.
IL is in the immediate rear OF the Nor
folk National Bank, with which the new
bank will work in harmony, but as
separate institution. The banking depart
ment proper of the new enterprise VIII
occupy that part or the building adJOin-
ing the Norfolk National Bank and VIII
have q Main-street entrance OF its own
The organization Of the new bank has
not vet been perfected, but II Is SAID II
Will be in safe and reliable hands ana
will be an important factor in Norfolk
business.
The position Of superintendent OF the
Hfe-saving stations along the virginia
and North Carolina coast is one OF the
best positions to be filled by the present
administration. The work is easy. re-
sponsiblity slight. and pay 5000 a year
There is only one applicant for the posi-
ton in Virginia. and that is Mr.. Walter
Cason. Of Princess Anne county.
Hon. Thomas r. Bor,and. United States
district attorney for the Eastern district
OF virginia, has rendered his resignation,
and has asked that it be accepted as
soon as possible. as his health does not
Kermit OF his continuing longer in office
without a sacrifice of the interests Of the
Government. His commission expires in
May AS yet he has heard nothing OF
the action OF the department nj Wash
ington upon his resignation, which was
sent in last Saturday.
II was rumored in this city to-day that
the fight for the dictatorship OF the port
Of Norfolk is getting so hot between
Mesrs. Mayo and Shields that Dr. John
w Lawson, Of Isle of Wight late MEM
Der OF Congress from this district, will
be brought forward as compromise man
for this plum.
The case OF John Welch. convicted Of
grand larceny in robbing the young man
FELTON, at the Variety Theatre and whose
punishment was fixed at seven years In
the penitentiary, came up in the cor
poration court again to-day on motion
for a new trial. The motion was argued
and overruled by the Court. and excep-
tons filed