The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-08-04
Goldsboro Takes a New Step in
the March of Financial.
THE NEW NATIONAL BANK
A Brand New Popular and Sub
stantial Institution.
ITS OFFICERS AND DIRECTORS
Men of integrity of Public Spirit, OF
Social and Industrial Prominence.
at the Head of the
Enterprise.

GOldSbOro, y. g., Aug. l.-(otau cor
respondence)- spent u half an hour
to-day looking through Goldsboro's
new banking institution, the National
Bank of Goldsboro, | found the officers
of the new bank as busy as bees
surrounded by outgoing and incom-
ing checks, drafts, re-mittances, de-
posits, piles of bills, silver and other
kinds of American money. The Presi-
dent, of the new bank, MIR. &. A. Nor
wood was busily and pleasantly engag-
Ell in meeting and waiting on the pa
irons Of the new bank. The handsome
Young cashier MIR. l.. G. Switzerland,
was rs deft and alert in counting.
the depostirs' checks. drafts and cash
as though he had been ut the business
for wears, The book keeper, MIR. j. NJ.
Hollawell. had his studious face al
most buried between the lids of a pom
derouS ledger, The sprightlv young
collector, James ), Crawford had re
turned from his days rounds with a
glow of the heated sunshine on his
cheeks, and his book allied with collee-
tionS, There Was an air Of activity
permeating the new institution
There was a pleasant coming and GO
ING Of It's friends and patrons. The
bright new furniture, the big glass
windows ON each of which was printed
in big gilded letters, The National
Bank of Goldsboro," the newly painted
walls, the big NEW vault with its pom
derous door swung back revealing a
burgler proof fire proof Mosher safe,
and above it a large section of safe
deposit boxes. all together gave the
new bank a metropolitan appearance
and impressed me with the idea that its
founders had omitted nothing that was
necessary to give to the institution a
complete and perfect equipment.
The National Bank of Goldsboro was
organized early in the summer and
was opened for business on the 3rd of
July 1t has a paid up capital of $780,
900. and among its stockholders are a
considerable number of the leading
business and professional men, not
only of Goldsboro, but of the tributary
towns, among them are such well
known men as J. 7. Switzerland, J. III.
Loftin, Nathan O'Berry, J. B. Fanville,
w. B. Allen, w. T. Dortch, Jno. r. Nor
ris, III. B. Worth, Judge Robinson, of
Goldsboro; James III. Pou and Z. J.
Holt, of Smithfield; e. j. Martin and
Son, and r. j. Switzerland, of Mt
Olive, G.. +. Crabtree and Il. H. Holmes,
well known travelling men and num-
Der of others equally prominent. The
Board of Directors is composed of the
following gentlemen: &. A. Norwood,
Jr., NJ. j. Best, G.. C. Royal K. f. Biz
zell Thomas Edmonson and DIR. j. F.
Miller. of Goldsboro; +. j. Holt, of
Smithfield; II. i. Newberry, of Mag
nolia, and j. ". Norwood, of Whining
ton: Mr.. G. A. Norwood, Jr. The presi-
dent of the bank is a gentleman of
extended experience in business mat
tiers, he was formerly largely and sue
cessfully engaged in the cotton COM
mission business at Charleston, 5. e..
He is yet awhile young man, but has
ripe experience III business affairs, is
careful cautious and prudent, gen
tlelnan of most pleasant address, and
is already universally liked by his new
neighbors and business associates and
is regarded by the people of Goldsboro
as a valuable acquisition to the social
/ and business life of the town and COM
munity. He is the largest shareholder
in the enterprise, and proposes to give
his undivided attention to its manage
ment.
Mr.. Switzerland, the cashier is one
of the most capable and popular
young business men, of Goldsbor, of
sterling character and thorough bust
ness training.
Mr. Hollawell and Mr.. Crawford, the
other members of the force are popu-
lar and thoroughly competent.
Goldsboro is the centre of large and
very productive section and has large
number of enterprising towns that
naturally do their banking and much
of their other business here. 1t is a
good banking town and tits butnatural
| that this new banking institution, hav-
| ing so many prominent, and substan-
| tial business men, among its stock
holders, directors and officers, should
begin business under suspicious cir
cumstances and make most favora-
bic start on the road to progress.Golds-
boro as proud of it's new banking in
stitution, and the new bank officers
and managers are in love with their
town and its pleasant wholesome and
healthful surroundings.
r r. ARFNDET r.