St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1894-01-11
BANK MEETINGS.
First National Bank.


elected, S19 shares being voted up
on. The directors chosen were
Franklin Fairbanks, Angus H. Nc
Leod, Walter P. Smith, Delazon D.
Wead, Charles H. Stevens, John c.
Clark, Samuel N Brown. The di-
rectors organized by electing the fol-
lowing officers:
President, Franklin Fairbanks.
Vice-president, Angus H. Mcleod.
Cashier. Homer E. Smith.
The bank has had a good year.
paid 612 per cent in dividends and
carried $500 to its surplus. Its
deposits Dec. 80, 1898, were $685.,
579S2
Merchants Bank.
At the annual meeting here 1868
shares were voted on and the meet
ing was a very harmonious one.
These directed were elected: w. E.
Peck, L. D. Hazen, George Ide. w. L.
Pearl, H H. Powers, E T. Ide, l.. K.
Quimby, T. c. Fletcher and E. A.
Parks The two last gentlemen are
the additions to the old board. The
directors will organize next Monday
morning.
The net earnings Of the bank in
1893 were $4,000. This sum, to-
getber with the surplus of $4,000,
has been used to liquIdate some
$4,000 losses made in Minneapolis
and Deming, N. M. There is now
left surplus of $4,000. and $1,000
undivided profits, The bank passed
it's usual dividend in July. 1898,
and in January, 1894. The bank is
now in a strong condition, having
paid up all it's losses.
Caledonia National.
A meeting OF the stockholders of
the Caledonia National Bank at
Danville the following officers were
elected: H. S. Tolman, president;
Geo B. Davis, vice president; T. H.
Lance, F. B. Stocker, and Peter
Wesson, directors; c. H. Mattocks,
cashier Mr.. Wesson takes the place
OF James Crane, resigned. The fol-
lowing resolution was passed:
The directors of this bank desire in
some fitting manner to express their
feelings of affection and regard for the
late James B. Mattocks, who died Nov.
%, 1893. For nearly thirty years he
was the faithful and efficient cashier of
the bank. In him we found every manly
quality, honesty, capacity and unselhsh-
ness; in all things he served the interest
be represented, not himself.
We direct that this resolution be
spread in full upon the records of the
bank and copy furnished the family Of
The deceased"
Citizens Bank.
At the annual election Monday
these directors were chosen: c. M.
Chase, Lyndon; A. l.. Bailey, ] G.
Hovey, St. Johnsbury; George P.
Blair. West Barnet; James Richie,
St Johnsbury; D. R. D -nsmore, West
Burke {. E. Joslyn, Barton Landing.
!ohn T. Richie asked to be dropped
from the list as the board already
had his services and would lose
nothing by the change. James Richie
was elected in his place. The other
new ones on the board are Mr.. Dens-
more and Mr.. Joslyn. The directors
organized by eleeting these officers:
President, c. M. Chase.
ice-president, A. L. Bailey.
Treasurer, John T. Richie.
Teller, Gilbert E. Woods.
Mr. Chase requested to be released
rom the presidency, but the directors
reelected him to that office.
This bank has issued an attractive
statement with picture of their new
block on the last page. They
paid two four per cent dividends in
1898, have $31, 1852 in undivided
profits. business deposits amounting
10 $1O9, 514.57. and savings bank
deposits amounting to 1888, 1915.
Passumpsic Sayings Bank.
These directors were elected at the
Passumpsic Savings Bank yesterday :;
Emerson Hall, Theron NJ Howard
Edward F. Brown, Walter P. Smith,
Truman c. Fletcher, Vim. S. Bovn-
ton, A. Barber Moves, Ezra A. Parks,
John H. George. Hiram N. Turner
The directors organized by elect
ing Emerson Hall, president; T NJ .
Howard, vice president; and w. S.
BOvntOn, treasurer.
The bank has had a very salts
factory year. paid 4 per cent. free of
tax, in dividends, and increased their
Surplus and profits quite materially.