The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-01-09
THE RALEIGH BANKS
Meeting of Stockholders Was
Held Yesterday.
officers and Directors We're Elected For the En-
suing Year. Reports ShCw All to be
IN Excellent Condition.

The stockholders Of three OF Raleigh's
banks met here yesterday ana chose IL
rectors and officers for the next year.
The report of the banks showed them
a. to be in q lourisning 'ona:tion. and
that they wee enjoying tie patronage
arc highest confidence 81 the people of
-. State.
COMMERCIAL AND FARMERS.
The stockholders of the Commercial and
Farmers Bank of Raleigh, held their an
nual meeting in their Banking house yes
terday. The president and cashiers re-
port was most gratifying, showing the
continued growth of the bank-the usual
per cent. dividend was declared out of
the past six months earnings, besides
passing a good snug sum to the credit Of
surplus account and undivided profits. The
following directors were elected to serve
during the year 1901:
Hon. Fred Philips, II. A. London, Thos.
H. Briggs, R. B. Raney, Geo. w. Watts,
Ashley Horne, A. A. Thompson, James
f. Shepherd, Joshua B. Hill, John W.
Scott, E. N. Duke, Carey J. Hunter, d..
Y. Cooper A. E. Baker, ]. j. Thomas.
After the adjournment of stockholders
meeting, the directors met and elected
the following
l. /. Thomas, President.
A. A. Thompson, Vice President.
B. S. Jerman, Cashier.
H. w. Jackson, Assistant Cashier and
Teller.
E. B. Crow, Chief Book-keeper.
p Rauman Rook-keeper
c. Miller Hughes, Bookkeeper
Burke Little, Collector and Clerk.
CITIZENS NATIONAL BANK.
The stockholders of the Citizens Ma
tional Bank elected the following direc-
tors: Joseph G. Brown, A. B. Andrews,
R. H. Battle Dr. Richard H. Lewis. DR.
A. B. Hawkins. E. M Proctor, VIM. J..
Andrews, John c. Drewry.
The directors at a subsequent meet
ing elected the following officers:
Jos. G.. Brown, President.
A. B. Andrews. Vice President.
Henry E. Litchford, Cashier
F. P. Haywood Jr., Ind. Book keeper.
w. ". Robards, Teller.
Henry j. Young, General Bookkeeper.
Irwin r. Jones, General Book-keeper.
Richard H. Lewis, Jr.. Collector.
Miss Hattie Arlington, Stenographer
NATIONAL BANK OF RALEIGH.
The annual meeting of the stockholders
of this bank was held today. They elected
the gentlemen named below as direc-
tors for the ensuing year: W. w. Vass,
James A. Briggs, Jos. B. Bachelor, T. B..
Crowder, F.. o. Moring, Chas. H. Belvin,
C. NJ Busbee, Chas. E. Johnson, and
julius Lewis.
The directors qualified, held a meeting
and elected and continued all the present
officers Of the bank, to-wit;
Chas. II. Belvin, president
Chas. E. Johnson, vice president.
+. H. Briggs, cashier.
Julian Undertake, teller.
F. L. Mailer, J. W. Harden. Jr., and
C. H. Belvin, Jr. book keepers.
W. A. Wyatt, Jr.. clerk.
Paul f. Faison, collector.
MECHANICS DIME SAVINGS BANK.
Prof. w. F. Massey presided at the
meeting of the stockholders of the Me-
chanics Dime Savings Bank. held last
night, and Mr.. John Ward was secretary.
The following directors were elected
A. G. Atwood, D. M. King, Jno. Ward, j.
A. Mills. Carey ]. Hunter c. B. Parks,
C. p Wharton.
These directors then elected the fol-
lowing officers:
President-Chas. r. Johnson.
Vice President-C. B. Edwards
Cashier-Walter Durham.
Attorney-W. n. Jones.
Investing Committee-John Ward, d. Nj.
King and Cary ]. Hunter.
All these are old officers, except Mr..
Durham, who succeeds Mr.. Lacy. 1t is
4 deserved promotion. Mr.. Durham mas
been teller of the bank since it was or
ganized. and is young man of fine busi-
ness ability as we'll as the highest char
acter. In his report, Mr. Johnson gave
expression to confidence and esteem in
which Mr. Lacy is held by the stockhold-
ers, who congratulated the State upon his
elevation to the position of State Treasur-
er. The bank is in prosperous condi-
ton.