Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1899-06-03
BANKING INTELLIdENLE.

The Bank Of Macon begins business
at Macon, Miss. with a capital Of $50
900. w W. Shannon was elected Pres
ident; w II Scales, Vice Pres n
Scales, Cashier Van c. Cayett, Assist
ant Cashier.
The numerous acCessiOns that are now
eng mule to th e ranks Of the banking
Institutions Of the country indicate az
plainly as anything can that the period
OF business depression 50 long and so
bitterly complained against has reached
an end. and that 4 forward movement
has begun in good earnest, Increasing
observation-disclosures ace demanding
a corresponding increase in financial
conyeniences, and now that business
men are seeing their way clear to launch
out afresh there cannot fail to be steady
progress along every line Of legitima e
enterprise. A great many " shaky
conCeln ms have been weeded out, and ey-
cry one who is wise must perceive that
he wedding ont process has really been
blessing in disguise, and that the prog
ress that will be made in time TO come
will be likely to be all the more solid
and substantial, owing to their disap-
pearance.
Among the new banking institutions
that may properly be referred to in this
place is the Bank Of Macon, of Macon,
NOxubee county, Miss, which begins
business with a capital of $50, 600 and
with the following gentlemen as officers;
Mr.. W. w. Shannon, President Mr..
W. H. Scales, Vice President Mr.. n.
Scales, Cashier and Mr.. Van G. Cavett,
Assistant Cashier President Shannon
is thoroughly cCnversant with every
thing pertaining to the financial lite of
this section, and his recognized sagaci-
tv and business ability give great weight
to every opinion that he advances. He
is man OF large personal means and
strong personal influence and is regard
ed as one of the best posted and most
reliable banking men Of this section Of
the country.
Capt, W. H Scales, vice president,
has the reputation of being one of the
best posted men in the county on fl nan
cial matters and in a thorough knowl.
edge of business forms, We believe
his advice Will always have weight in
the management of the bank
Mr.. Noah Scales, the cashier, will
devote his whole time and attention to
the performa' ce Of the duties of his
onerous position and no man is more
capable Of managing the necessary de.
tails and making capital executive Of
fcer
Mr., Van Cavett, the assistant cash
ier has all the liyeliness energy and
intelligence to give entire satisfaction to
| the patrons of the bank in the handling
of the funds. His position will bring
him directly in contact with those hay
ing small deposits to make or drafts to
cash etc. and all who know him think
he has peculiar fituess for the posi-
/ ton The directors will be recognized
throughout this section as among Nox
ubee's most substantial citizens and
their combined influence will naturally
bring a large amount of business to the
bank
We have seen the birth of this new in
stitution in our midst and all who have
a pride in the prosperity of the country
will watch with interest its growth and
development If well governed and di-
rected we will see an increase in the
general business of this section and the
development of enterprises that will
make our whole people more prospe1ou
New lands will be opened asdif he is {
benefactor of his race who makes two
blades of grass grow where one grew
before, the promoters of this enterprise
Cab see a fine field of usefulness befor,
them in helping to bnild up the country