Virginia citizen. (Irvington, Va.) 1891-1921, 1900-04-20
THE LANCASTER NATION
AL BANK.
tFrom Freeicrictso'trg Free Luncco

l.. IIOnlnenC citizens along the lower
Rappahannock feeling the great neces-
sity for banking facilities for that
most naturally favored section of the
State, have organized national bank
under the above title, and located at
Irvington, as being the most APP
proachable place by land or water.
The bank is permitted to employ
from $25, 900 to 100000 capital, as
may be deemed best by its share
holders, and four fifths of the stock
will be owned by prominent men
of the Northern Neck and Southside
from whom will be selected the
officers and directors. Hon. John G..
Ewell, judge of Lancaster and of
Northumberland, is named as Presi
dent, and, with his conservative
business judgment and personal
magnetism, will make popular any
institution with which he NAV be
connected. Mr.. Frank G.. Newbill.
prominent young lawyer and edu-
Gator of marked abilities, fills the
responsible position of cashier. The
board of directors will be designated
later, the names incorporated in the
organization papers being temporari-
ly chosen until the original plan Of
distributing the stock among repre-
sentative business men of the
Northern Neck and Rappahannock
Valley can be carried out to its full
est extent.
The Comptroller of the Currency
issued a charter upon April 18th
permitting the Lancaster National
Bank to commence business at once.
they having deposited the necessary
United States bonds and having
complied with all of the requirements
OF the National Bank Act.
Mr.. Edgar M. Young, Jr., who
has been prominent in our local
banking circles for the past four or
live years, and who is a young GEN
tleman of fine qualifications and
most Chesterfeldian address, left, in
company with Mr.. A. Randolph
Howard, upon yesterdays steamer to
take charge Of the new bank. which
will be open for business to morrow
"wednesday morning.
We most heartily congratulate
the above named section for
the spirit of progressiveness that
has developed in their midst, and
feel sure that they will lend their
earnest cooperation towards making
a success of an enterprise which will
greatly tend 10 the advancement of
that section of Virginia. A national
bank, chartered by and under the
inspection of the United States Gov
eminent, fills a place in the conf
dence of the people that small State
institutions and private banking con-
Germs can never hope to attain.
We note the name of Mr.. A.
Randolph Howard among the incor-
porators, and any Institution that has
the beLefit of his energetic counsel
and banking experience is assured of
a bright future and permanent
success.
lFrom the FrederickSburg Star.l
The people of the lower counties
OF the Rappahannock are to have a
much needed institution in the way
of National Bank established in
their midst. 1t will be known as
the Lancaster National Bank aud
will be located at Irvington. y r y
The bank is authorized to work
on capital of from $25, 900 to $780,
600 as the necessities of its business
demand. Four-fifths of the stock will
be owned by citizens of the North
ern Neck and Rappahannock Valley
and the board of directors will be
composed of representative men of
that section.
A handsome pressed brick bank
building will be erected at once and
htted out with the most un-to-date
Those who are organizing this in
stltutlon are men who know how to
via success, and the people of that
section are fortunate in having
established in their midst National |
Bank with all the safeguards that |
are thrown around Institutions of its
kind