The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

cess.
THE BANKING FACILITIES.
There are two strong and progressive
| banks in Washington, both with much
capital available and both most accom-
modating.
| The Bank of Washington was organized
in 1898, chartered by the State Legisla-
| ture. Mr.. S. Bridgman is it's president
and Thos. j. Latham cashier. It's direc-
| tors are among the best known business
men of the section. It's capital is $4,000
| and the surplus and undivided profits
amount to nearly $4,000. Annual divi-
dends are regularly paid.
The First National Bank of Washing
ton has a capital of $4,000 and it was
opened on May 8, 1895. Mr.. J. L. Fowle
is the president and Mr.. A. M. Dumay
the cashier, it's directors being strong
business men, we'll known to the people.
1t has paid it's stockholders $22 900 and
is one of Washington's factors for sue
cess.
There is ample capital for any neces-
sary needs in Washington, and that the
people have money to their credit will
be seen when it is stated that the aver
age deposits of the banks amount to
about 100000.
THE GROWING DEMANDS.
Washington is growing, and with its
growth there are demands for homes
and stores. Many are being erected, but
more are constantly called for.
Real estate values have been Influenced
by this and are fifteen per cent higher
than they were a year ago with pros
meet of q constant advance.
A family can live as cheap in Wash
ington, and as comfortably too, for as
small an amount of money as in any
place in the State. Prices have adj
vanced of late. but the advance in costs
is not as lrge here as in other places in
the State. Homes can be rented at from
So to SIS per month.
THE ADVANCEMENT TODAY.
Right now things are busy in Wash
ington, and a personal inspection OK the
improvements being made shows the
following conditions, ample proof that
Washington is growing rapidly:
On East Main street Miss Sma'lwood
is erecting three dwellings, and on Cen
! ter Main street the Fulford Hardware
Company is erecting a large brick ware
house, to be followed by one Of the
largest stores in this part of North
Carolina NJ T. Archbell is pushing The
erection of his new hotel and two stores,
S. r. FoWle & Son are preparing the
foundation for. the new bank building and
several stores The Coast Line is get
ting ready to replace their depot that
was recently burned ]. K. Hoyt is hav-
ing the brick cleaned preparatory to re-
building on the Hoyt property. On West
Main street Mr.. A. NJ. Dumay is collect
ing the lumber and having the wharf re-
paired for the building of his new resi-
dence and just across the street Mr..
Leach will soon begin to turn the Ken
nedy residence into a modern nome.
Hon j. H. Small will erect a beautiful
home on his lot corner of Bridge and
Main streets. Mr.. E. B. Moore is having
the lumber hauled for his new residence
adjoining the Methodist parsonage, while
Mr.. Claude Farrows new residence on
West Third street is about completed.
The construction of five brick stores on
Market street for Messrs. Susman has
begun. The stock company for a $4,000
machine shop will soon erect a plant.
handsome hotel building will soon be
erected The fact is there are very few
of the hammer and the hum of the saw
cannot be heard and this is but a starter
for a new Washington.
A LAND FoP sPORTSMEN.
The splendid country and the magnifi-
cent climate are the means of making
this a e-eminently fit place for sports
men. The woods afford the best OF OPP
portunities to the man in search of the
best hunting, while the angler will find
in the rivers and streams of this section
as fine fishing as is to be had in the
South. A river half mile wide gives
full play for all water sports. The pres
ence of the Philadelphia baseball club,
now in Washington, shows that it is
place that athletes will find the very best
for training quarters.
SCHOOLS AND CHURCHES.
Washington offers to the people who
settle here splendid school facilities. 1t
has system of graded schools that is
doing a great educational work and that
fits for life or for entrance into the col
Ieges and universities.
There are abundant religious opportu
mites, for Washington has six denorni-
nations represented among the WHITES,
all having handsome churches.
SOCIAL LIFE.
The home and social life OF the place
is an added attraction True Southern
hospitality is to be found in the many
handsome homes, and there is welcome
extended to all corners. Washington is
cosmopolitan in this, and a fine example
is shown in the record of it's present
Mayor, Capt Geo. ]. Studdet.
He is a warm hearted Irishman, and
came from Tarboro some eight or ten
years ago. 1t was soon found that he
was of the class of men that Washington
needed and for some years he has beeu
the chief executive of the city. The peo-
PIE of the place do not wait for strangers
to grow grey before he is recognized as
a citizen and one of the people.
Social organizations flourish and all
the leading fraternal orders have strong
lodges and an enthusiastic membership in
Washington.
OPPORTUNITIES OFFERED.
The county of Beaufort and the city ot
Washington offer many oportuuiles'
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