The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-08-18

houses, the one rounding it's third mile
post the other just launching, with bright
prospects on life's financial sea.
THE ELM CITY BANK
was orgaized September list. 1898, with a
capital stock of 100000 and has had a
most prosperous existence with deposits
increasing with the days as they glide
by, these being just 40 per cent larger
in 1901 than they were In the year now
past HOW could it be otherwise with
John L. Bailey as president, and T.. o.
MCGOWAN as cashier these efficient Off
GERS enjoying the confidence of the en-
tire public in a degree most fiattering.
The banking house is coy brick one,
2Ix56 feet, the interior being fitted up
in splendid taste and supplied with fire.
proof vault burglar-proof time lock,
safety boxes. etc.
THE TOISNOT BANKING COMPANY
is the institution referred to as just
launching upon the financial sea with such
bright prospects. This company begins
also with capital stock Of $4,000 and
will formally open for business about
main business thoroughfare, to the east
of the railroad, convenient alike to every
business interest and is Differed by none
ether than some of the best business men
within the town limits Its president is
r. S. Wells, a man identified with the
towns very life for the past twenty
years or more, being one of its most sue
cessful business men. It's cashier is p.
W. Simpson, the name suggestive OF eX-
pertness and affability.
Their new home just receiving the
artists finishing touch, is of brick, 2ox5o
feet, fitted with fre-proof vault, and
Herring burglar-proof safe.
AS A READING PUBLIC
Elm city is also no back number. Al
ready, almost the entire people are sub
scrihers to the News and Observer, the
tribune of the people, and on Friday OF
this week the Elm City Elevator, q
weekly paper, of splendid backing, will
make its entrance into the journalistic
field with Theo. B. Winstead, that prince
of clever fellows, as business manager,
| and W. M Beasley, the editorial quill
! driver.
! MORAL TONE, EDUCATIONAL INTER
| EST.
| The directory shows most excellent
| municipality: j. w. Peacock. mayor M
| L. Waters, j. l.. Farmer, o. j. Winstead
w. G. Sharp w. H. Prdgen, commission
| ers: w z. Butts treasurer; W. II. Prid-
| gen, clerk. and Jerome Bowen chief OF
! police.
| There are three churches c.
! l.. Read, pastor; Missionary Baptist, J.
| w. Rose pastor; Primitive Baptist, j. A
| Moore, pastor.
The fraternal orders of the town are
! limited to Centennial Lodge, No. SO, l.
| O. O. f., and Toisnot Lodge, No. 29S, A
| Il. and A. Nj.
| j. w. Hayes, an old subscriber to the
greatest educational newspaper in tbs
| State whose name is today a household
| word, is the efficient principal Of the
| splendid school here. This school is rur
| three months in the year, or so long as
| the funds last as public school, having
| an attendance OF more than 200, and as
| a private school the balance of the year
! with an enrolment of perhaps $50. The
| fall term opens September End.
With good water and salubrious
| climate, Elm City has fine health rec
| the laws of nature and such are well
| cared for by Doctors f. G.. Moore, r. d
| Whitley and Chairs.
| ONLY ONE MEMBER OF THE LEGAL
FRATERNITY HERE,
but a representative one in the person
| of our young friend, r. T. Barnhill who is
associated with the old legal firm of Day
| & Bell.
| A TINE REGULATOR AND WATCH RE.
PAIRER
! Elm City has in the person of 7. w
| Braswcll. Mr.. Braswell has a rare relic
| in the way of watch. The top plate
| which is of solid gold bears this in
| scrption, "Chas. Smith, Dublin, 1671.' Ii
! the early DAYS watches were not num-
! bered, the name. address of maker and
year made only being used. This watch
| ladies in size, the case OF which solo
| for $50 as Id gold, was purchased by Mr.
Braswell of an old English diver, who
/ found it in the hold of a ship in Liverpool
! harbor after some forty years spent in liz
| watery grave.
| RIVENBARK.
James White, Bryantsville, Ind, says