The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-12
THREE hank ELECTIONS.
National Bank, Saving and Trust
and Merchants National.

quite the most interesting bank election
that has been had in Savannah in some
time was the double election yesterday of
directors both for the National Bank of
Savannah and of the Ogiethorpe Savings
and Trust Company. at their Offices on
Bryan street.
The same board Of directors for the
National Bank of Savannah was elected
throughout. Its members are Messrs.
Herman Myers. Joseph J. Dale, George J.
Baldwin VIM. w Williamson, Joseph
Rosenheim, Joseph W. Jackson. jacob S.
Collins, William Kehoe, Jacob Paulsen,
Sligo Myers and +. S. Ettenheimer. OF
the 300 shares of stock. 1904 were voted
for each Of the directors.
The National Bank of Savannah has a
remarkable record Of success. Since its
organization it has paid out more in divi-
dends than its whole capital stock
amounts 70. $2j0.0o0. has accumulated a
| surplus of S125.00) and undivided profits
Of $4,000, which are now on hand. The
successful record of the bank was re-
marked upon by many who were present
yesterday at the aftermath of the cleo
ton.
IL ttt1 AAitNtblS u lllt tE4clAlCl It gay
ings and Trust Company there was only
one change, Mr.. r. d. Guerard having
positively declined reelection. In his
| place Mr. Jacob Pau,sen was chosen,
and the board elected is as follows:
Messrs. j. j. Dale, Herman Myers, David
Wells. $. Meinhard, William Kehoe, C. c.
Schley r. ]. Num-. Emile Newman and
| Jacob Paulsen. In this election 99S out of
| l259 shares We're voted The OgiethOrpe
Savings and Trust Company has had
record Of success somewhat similar to
that Of the National Bank of Savannah.
1t has paid dividends since organization
amounting to 63 per cent. of its capital
stock, or dS,750. Ii has accumulated a
surplus account of $4,000 and has undi-
vided profits of Sl9 AS. This on a capital
Of $l25,COO is remarkably successful rec
ord
The directors of the National Bank of
Savannah will meet to-day to select Off
GERS of the bank for the ensuing year.
The present officers are: President, Her
man Myers; vice president, J. J. Dale, and
cashier f. D. BloOdworth. There is no
doubt that they will all be reelected. 1t
has not yet been decided when the Ogle-
thorpe Savings and Trust Company di-
rectors will hold their meeting, but there
is little doubt whenever it is, that the
same officers President j.. j. Dale Vice
PRESIDENT Herman Myers, and Cashier
John NJ. Bryan viii ali be reelected
Al the conclusion of the elections at
O'Clock the officers, stockholders. patrons
and friends of the two institutions gath
| cred around table upon which was
spread a most elaborate lunch. while
there was a table to one side holding
punch and cigars which was not neglect
ed. The lunch was delicate, bountiful
| and well served and heartily enioyed
by all who We're so fortunate as to par
| ucipate in 1t. The officers of the bank
said 1t had been some years since they
had mad an elaborate spread, but so proud
were they of the success achieved that
! they wanted their friends to join them in
the celebration of it. 1t was a celebration
too IN elegant and appropriate style
The annual election for directors of the
| Merchants National Bank of Savannah
was held at the bank. The election clos
ed at l O'clock, and the result was the
unanimous choice of the old board. as fol-
lows: Messrs Samuel p Hamilton. w
W. Gordon, S. Guckenheimer, Malcolm
Maclean, Samuel Herman, ]. A. G. Car
son and j. f. Minis
The directors viii hold a meeting TODAY
for the election of officers The present
officers President S. p Hamilton. Vice
! President w. w. Gordon and Cashier w
NJ. Davant They will no doubt all be re-
elected. The vote at the election was .7O6
out of 5000 shares The year with the
bank has been a progressive and success
full one.