Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1895-01-29

best managed financial institutions IN
the county. Not outstanding the gen
srSl business depression this bank MAS
able 20 declare it, usual dividend.
The south Paris savings Bank has
DISPOSED of all it, affected bonds 20 good
advantage, and is on sound nnaneAl
basis. The regular dividends are assured
20 it, Gepositors in future
The Norway savings Bank has erected
a handsome brick block on the old site
since the ire, and now occupies model
banking rooms. Ia its new vault U has
plNced steel safety apartments which u
rents 20 individuals for the storage OF
valuable papers.
The Rumford Falls Trust Company,
which will do general banking ousl-
ness. will open February first. IL oe-
capies well fitted and convenient bank
ing rooms ia the shaw Block. under
Hotel Rumford. The Increasing tinan-
cial activity AZ RumfOrd Falls, together
with the prosperous territory surround
inc. seem 10 assure 70 this Institution Il
successful business from the start
Elisha Pratt, Esq, who has for the past
lew wears been the successful principal
% the Buckfield high school. l. treaSur-
gr and will undoubtedly prove an EN-
,ieut man in this place.
The annual meeting Of the stockhoid-
,-, II the Norway National Bank was
held Al their banking rooms recently
hu
holders. The business for the past year
i., been very satisfactory. Of course
some loss was OccasiOned BY the hre anu
.- has been very busy for some OF the
directors aud especially hard for the
cashier and assistants, vet business mas
gone on. and the interests OF the lns''tu-
tiou have been well cared for. HE hre
occurred Nav oh and they returned 10
their new quarters Dec. l'th.
The new banking rooms are nicely
and substantially lifted up in cherry ana
give A cheerful air 10 the surroundings
and 4 business-like look 20 the place
The decorating was done by Geo. a.
small with pleasing effect All the fur,
ai,hings Of the bank are modern ana
convenient. -.
The vault has been partially rebuilt
since the fire bV =. 4. stevens, which Is
sufficient guarantee that u il well done
Mr.. stevens built the old vault when
wlthstoOd the fire perfectly. but OWING
Co raising the floor Of the new BUILDING
che vault had 10 be built higher ana NJ
ted With new doors from Damon :, DOS
ton.
new and improved DiebOld burglar
III
matte bOlt-wOrk has been put Ia. t i
a. nice a safe as i made and l. uu4ues-
tiouably burglar proof.
the bank commenced business aPTn
Is. ls-2. with sumner Burnham a. pIesr
dent aud 4. T.. DenisOn, cashier, Win
capital stock Of 100000.
Ia January. 1873, II. ID. smith became
FL, cashier. which position he still holds
For several wears Mr.. Smith. ss cashier
did All the work alone. but as business
Increased a clerk Was added. Twenty
wears ago the loans and discounts
amounted 10 about $50. 600, aud the de
lo>its SIS. 900. For several years pas
The deposits have averaged slzo,Vv'
while the loans and discounts exeee'
100000. This gives good idea OF III
increased business in town line rate y
discount in the past twenty years ia
dropped about ? per cent. Inc BANK a.
present has a surplus Of s2O,Ooo ana |,
pays its stockholders 8 per cent amman
ly
The bank is conservstiyely manage.
anG j, a permanent and hourishing insc'
tuition. The cashier has had an eiiielen
assistant Ia Miss Stella Nj. Pike. IL
consequence of the increased bushes
from the fire. il has been necessary
have additional help the past season sn'
the cashiers son, NJ. Z. Smith, has aoi.
assisted.
There have been four presidents OF IN
Institution, Sumner Burnham, "m
Frost. %, ii. NJ. Bearce and =.
Tubbs. its present executive head.
The following directors were eieete'
for the present wear: c. \. Tuoos. Al
"a Shurtleff, :. |. Millett, W. H. whi!
comb aud c. Z. Holt. The board OF q,
Feetors organized by eleeting =. =
Tubbs president and Alya Shurtief VIC
president.