The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1901-01-11

The stockholders of the Atlanti Ma
tionaI bank met in annual meeting In
the presidents office yesterday at IL
O'Clock. Mr.. P. L. B%ridgers was called
to the chair, and Mr.. Andrew Moreland
acted as secretary.
The committee on proxies reporter
that S68 shares were represented III pei
son and by proxies. This being a ma
1ority of the stock, the chairman de-
clared the meeting ready for business.
After reading the minutes of h pre-
yious meeting, the president made ms
report. showing that h net profits for
the mast rear amounted to $3O,of9.oi,
which is "a 40 per cent on the capital,
out of which two dividends OF 4 per
cent. each were declared to
ers, leaving 16 ITO per TO De al
ded to the surplus fund. The report
was received, and ordered spread upon
the minutes.
A general discussion ensued. In an
swer to questions from stockholders,
President Norwood and Vice PRESIDENT
Gore expressed the opinion that the as
sets of the bank were worth more tnan
the book value, and could easily be IL
%quidated, paying each stakeholder fuliy
$500 for each 500 invested less than
nine years ago.
On motion, the following board of d.
rectors was unanimously elected: +.
L. Bridgers, J. w. Norwood, d. l.. Gore,
G. A. Norwood, S. P. McNair, II. b.
Short, w. z. Springer, 4. j. overs, n.
L. Vollers, C. w. Worth, j.. l.. Coker.
There being no further business, the
meeting adjourned.
The directors met Immediately AFTER
the adjournment of the
meeting. MI. c. w. Worth acted as
chairman of the meeting, and Mr.. An
drew Moreland as secretary.
The following officers were elected:
PRESIDENT. W. Norwood.
Vice President-D. L. Gore.
Cashier-Andrew Moreland.
Assistant Cashier-F. j. Haywood,
There being no further business, the
board adjourned.
NATIONAL BANK OF WILMINGTON
The annual meeting the stockholders
of the National Bank of Wilmington
was held yesterday at the banking
house.
Mr.. Gabe Holmes was called to the
chair and Mr.. George r. French acted
as secretary.
Messrs. William Calder and j. G..
Gieschen were appointed a committee
on proxies, and they reported that "a
shares were represented in person an6
by proxies out a total of 1000 shares.
President Armstrong made his annua
report, making a fine hoW1n or INT
progress of the bank.
A dividend of 8 per cent. is now being
paid, making the tenth dividend since
the bank began business in May 1884
In that time dividends aggregat1ns
$50, 900 have been paid to stockholders.
The following board of directors was
elected for the ensuing year: William
49, y Worth GQOrOQ X
French, J. G.. L. GieSchen, Gabr1e
Holmes, James H. C~hadbourn, Jr.
Hugh MacRae, Junius Davis, c. w
Yates, and John S.. Armstrong.
After the stockholders meeting ad
journed, the board of directors met ant
elected the following officers:
President-John S. Armstrong.
Vice Presidents-William Calder anC
James H. C~hadbourn, Jr.
Cashier. w. Yates.
THE MURCHISON NATIONAL BANK
The second annual meeting of thu
stockholders of the Murchison Nationa
bank, was held yesterday at II o'cloci
a. m. at the bank.
Colonel Walker Taylor was called tt
the chair, and Mr.. ]. V. Granger acted
as secretary.
Messrs. John D. Bellamy, Jr., Bird, r
w. Wallace and NJ. j. Corbett were ap'
pointed a committee to ascertain the
number of shares represented. They
reported that $50 shares were represent
ed in person and 400 by proxies, making
1910 shares represented out of a total OF
1000 shares.
President Mcqueen read his second
annual report of the business of the
bank UP to December 81, 1900, showing
a phenomenal growth of the institution
Since it began business in March 1899
the net profits have been $4,000.
The following board of directors was
elected for the ensuing year: Messrs
K. NJ. Murchison, H. c.. Mcqueen, Ma
thaniel jacob, T. NJ. Emerson, A b.
Nichols, w. G. Whitehead, ]. G. Steven
son, w. B.. Cooper. NJ. j. Corbett, j. A
Springer. r. w. Wallace and j. v
Granger.
The directors met after the stock
holders adjourned and elected the fol-
lowing officers for the ensuing year:
Presidential. c. Mcqueen.
Cashier-J. ". Granger.
Found Dead Beside the Road
We regret to learn of the sad cir
cumstances Of the sudden death on