The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1903-02-03
WERE II
THROWN OPEN
To the Public Monday Morning.
Kew Banking Firm Begins
Business.
CANTON SAVINGS and TRUST co.

usual banking hour, the doors of The |
Canton Savings & Trust Co., a new
banking institution. were thrown
oren with everything in readiness for
business.
This new addition to the financial
interests of the city, has been started
under most favorable auspices.
1t is located in the new Mckinley
hotel building, No. 300 South Market
street. where there are ample quarters,
that have been fitted up with every
facility for doing business.
The Canton Savings & Trust Co. was
incorporated August z. 1902, and was
organized Sept. "a. The officials, di-
rectors and stockholders are promi-
nept In business in this city and Stark
county and their standing is such f.
nancially as to insure the stability of
the bank from the start and gain the
confidence Of depositors. that its af-
fairs will be ably, conservatively and
zealously looked after.
The following were elected as the
board Of directors at the organization:
u. w. Davis, president Diamond Port
land Cement Co.; ]. II. Kenny. of Ken
ny Bros. dry goods; J. l.. Higley,
president Cleveland Brick and Clay
Co.; w. L. Stolzenbach, Gordon NJ.
Mather, secretary Cleveland Axle Mfg.
Co.; H. B. Stewart, attorney; u. A.
Langenbach, of the Berger Mfg. Co:
M. Moore, banker Bergholz, O.; Lewis
Gibbs, Of the Gibbs Mfg Co.; DR.. u.
P. Morrow, 8. Lowenstein, C. A. Gates.
Massillon, r. e. Myers. Canal Fulton,
and A. ]. Metzger. Louisville, O.
The following are the officers of the
bank elected by the board of directors:
u. w. Davis, pres, ]. H. Kenny, vice
pres, G. Fl. Schlabach, secy. and treas.
The president, z. w. Davis, is well
known as the president of the Dia-
mond Portland Cement Co., of Mid
dlebranch, o. J. H. Kenny, the vice
president, is member of Kenny Bros.
dry goods firm of this city. G. II.
Sohlabach, the secretary and treasurer.
for the past six years has been secre-
tary and treasurer of the Diebold Safe
and Lock Co., and three years prior
there to was secretary and treasurer
OF the Canton Steel Roofing Co. His
experience during the years he has
been SO prominently identified with the
manufacturing concerns referred to,
will be invaluable In the position he
will now occupy as secretary and treas
nrer of the new bank, to which he
will devote his entire attention.
Howard Schaffer. formerly with the
Farmers bank of Canton. has been Sc
leoted as teller. The other employees
as yet have not been appointed.
The Canton Savings G. Trust Co.
starts in with capital stock of $l0O,.
900. all paid in and the stock issued
is nearly all held by residents of Cam
ton and Stark county. In addition
to doing a general banking business,
there is savings department and
the usual rates of interest will be paid
that have been adopted by all the
banks of the city.
In the trust department, estates will
he cared for, receiverships and as
signments, and particular attention
| will be paid to acting, sc to speak, as
guardian for those whose estates have
to be carefully looked after. such as
of minors and incompeterts.
The vast commercial Importance of
Canton and Stark county in agricul-
ture and manufacturing and the ra-
pidity with which these interests are
growing as population increases. added
to the fact that residents of the city
and county own the largest majority of
stock In the bank. insures large bus
iness from the start and the consensus
of opinion is. that the new bank will
rapidly gain favor and depositors
The rooms the bank occupies have
been handsomely fitted up. The fixtures
are mahogany, the grill work being
brush brass finish. In the main room.
front, TO the right. private rooms have
heen fitted up for ladies and gentle
men, with especial windows communl-
eating with the banking department,
for transacting business privately II de-
sired. The general banking depart
ment is large and commodious and ar
ranged with every convenience for
transacting business. In the rear
is the treasurer's room and the
massive vaults, and back of these the
directors room. which has been fitted
up with furniture TO match the general
fixtures of the bank.
Monday was a busy day with the
new bank, for In addition to doing bus
mess from the start, 1t was. so to
speak. public reception day. and a
general invitation was extended to the
citizens of Canton and residents of the
county. 10 call and inspect the new
quarters.