The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1899-01-19
THE FIRST NATIONAL ,NK
One of Durham's FayOrite Insti-
tutiOns--Solid as the Blue Ridge
Mountains.

MOUNTAINS.
Durham Is to be congratulated upon
possessing, in her banks, financial sdgan
tages equal to oil legitimate demands
which the trade Of Durham 10 likely to
make upon them. The manufacturer,
merchant and other business men expe
rience no difficulty In obtaining financial
accommodation. at reasonable rates, on
acceptable commercial paper.
The First National Bank Of Durham
vas established In 1887. with a capital Of
100000. which was subsequently, in
creased to $4,000.
This Bank owns the capacious and
handsome building they occupy, which,
with the cost Of the lot, involved an exs
pendIiuTe Of $4,000. Itwas built for the
purpose Il Is used for, aud in It's construc
lion every modern cony.nien and
known insurance device against fire ap-
piled.
II has always paid 0 per cent dividends.
Since its organization II paid It's stock
holders Sgs, 200. and now has on band
s33 900 surplus and undivided profits.
The present President, ]. 5. Carr, has
held this position since his election, st
the organization Of the Bank The same
IL true Of iis present Cashier, Leo d.
Hearti, fitst and present cashier.
The Directors are:
is Carr.
J.. $ Manning,
J r. Mallory,
V : Bryan,
p W. Vaughan.
L A. Carr,
Hon. ]. A, Bryan, Newbern, N. @.
The work Of the officers and employee
has been faithfully snd efficiently per
formed. and the affairs Of the Bank are
10 excellent condition.
Il offers q safe and satisfactory invest.
ment for floating or unemployed capital
Among the banks Of the State none
stand higher 10 the public estimation
than the First National Bank Of Durham
Il Il this lhsi has secured for the bank 4
volume Of business almost princely In Il.
proportions
The business transacted embraces ever
branch Of legitimate banking. including
the Issuance Of foreign and domestic ex
change. and the careful, systematic max
ing Of collections, commercial and tray
eler's letters Of credit, buying and sellin,
Of bonds, stocks and bullion.
The correspondents Of the Bank 10
clude the best Known aud safest banks Il
every country.
Among the other officers and director
Of this bank are many Of the leading bu
siness men Of Durham, under whose Wis
guidance this bsnk has safely rode ever
fbancial storm aud held the coniideuc
Of the whole community. Il IL sironge
today than In any period Of ils histor,
That Il will prove worthy Of every irus
reposed IN Il, Il Is safe 10 say that Oh
honorable names Of its officers and dire,
tors Afford The strongest guarantee.
When any large commercial or tinar
cIai institution IL seen 10 stand firm an
mistaken through the crucial test Of al
normal depression Il exhibits the keenri
sagaclty o. those Who hold the gultiiu
hand A striking illustration Of N
/ proposition Is afforded by the FIrsl NJ
tional Bank Of Durham. This Ia one
the strongest an most popular banks
this whole section. During oil the pail
/, through Which the country has PAST
since the establishment 81 this bank
has stood unmosed ~ the rampaus
a the Blue Ridge Mountains Wise, car.f
a aud faithful 10 every degree has been Il
9 character 81 lie management from d.
~ last, and Il stands today deserved
higher 10 public condolences than ev
Y before.
z A general banking business Il tran
! Actsd, and customers are offered
. Experienced management and libel
!, treatment upon 9 sound basis.
" AL the gentlemen connected With q
n bank are able. clearheaded tlasnclel
z who bring 10 beat vas, practical en-
a rience and perfected methods Of condu
ing The vast volume ~ business Offer
u the First National Bank u Durhrm.
Y The ainmnInI TrinIir I,nllenn 4 Ia....