The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1900-07-18

New England and enjoys the confidence of
a clientage of people in a. coud ions of
life from the veal ny financier o he Ii lie
child who is taking in The first prncip e. OF
economy by dep 81 ug its mite now and
then.
Tbis bank was arlered by the SAFE in
1870 r. 2sd 10 1871, and began 10 o
bus nes August /, 1871 The first boar, Of
trustees cons. ,ted OF Homsr W. Hal 10,
Geo. &c W. Scot, James w, Brock, Albert
Johoonnot, Mahion Tsplin The fist board
Of offic se c1ns.siet Of Homer W. Hes on,
nresident; George W. Scott vce-president;
WhitloHu G Ferin, trsasn' er. AT The au-
nual IN cling in July, 1872 j. Warren
Bailey succ3cded Mr.. Scout 90 the boltd of
trusie r., and Mr.. Johonuott was elected
vic PRECEDENT In 1878 Mahlon Taplin re-
siTned trusi q, and YVES succse led by
W DItmau g. FERN. There were no fur Oher
changes un il 1871, when MI. Johonuott re-
signed = accent die ctoi ship in Tho Mont
pelier Nation Bauk. James W. Brock
was tlccted vlcs.nre ident, end L Bart
Gross a trustee. Ia July OF 1878, Albert W.
Ferrin was elected treasurer A vacancy in
the board OF trustees having been created by
the death Of j. Warren Bailey in April OF
I 1850, Dennis Lan5 WAS chosen Trustee, and
so cop'iru until his death in 1888 Mr.
! l. ne was suC1 .tdei by Albert W. Feiriu.
| Tue pl ssuJ boa Il of trusts y consists of
james W Brock l.. Barr Ctoss, Albert w.
Ferliu, Melville K. Smile and William w,
! Brock, aud tue officers ae: P.e-ideni,
/ James W. b. ok; We pr s'dent, i. Bart
/ Cross; urer, AID ~ W, Ferrin.
| The y. son, resou ces OF this bank, as
SHOWN ov its 6fy-s glrh semi.alDuai state
ment 0, July 2, 1860, are: Loans on first
mortcsg 1851 ,57SC}; loans on personal
| security, and pledge OF mortg and bank
81 ock as collateral, $215 1865; real estate
,7C9; U1ito S,a,,s and municipal bonds
owned lat par) 81 C06547 So; National bank
| ~ pls Al an on
hand and in banks, S171,2 SO; max ag q
total OF So, SAG 414.29
Too much credit caunot b. given to the
ability Of NJ. Hector, who was tho first
president Of the banl and continued in that
| capacity up o ne time OF his death, about
two years ago. He was careful and shrewd
yet honest ss the day was long. His excep
! tiops knowledge OF real estate law rendered
him invalu7D 10 al institution o. tins kind
in plsc ng its loans. At his death, Mr.. Brock
then vlce-presiC n. AID for 80 many years d
healv CO-lahOrer with Mr.. Hoaton N the
upbuiIi ng o. tbs institution, was elected
president and Mr.. Cross Weep es dent.
One enters the new home Of the bank
through handsome VI ltiDulo entrance al
The corner. The interior OF the fouI Toomi
are finished in rich mehogouy Of beautiful
design and the furniture is OF the same
wood. The floors are OF thing laid in mo
sale design in the part devoted to the pub
lie, while in the other comparl meDts the,
are OF polished qua ered oak.
The public compartment is serai ate'
from the general counting-room by massive
wainscotng, upon which appear carving
in relief, and is surmounted by pareling
OF heavy plate glsse. The wickets ant
other mlt'i trinwinss in this pannelng ar
of ant quo b. aud astheiic in design.
To the eAv.eme right OF the cOunt4nG-rooI
is cay Il . apartment, set ap-t Tor tn
use of lady Giants. AT the left OF tn
countipg-room is the tIeasurer's ofhce, III
windows OF which open on t. Sac stroet