Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1903-01-16
HANDSOMELY HOUSED.
The Vermont Savings Bank S New
Vault and Renovated Rooms.

The Vault Has Every Modern Factor
of Security and Convenence-Fit-
tipgs that Comport with the Banks
Age and Strength.
The Vermont Savings bank moved
back into its own building and reno
| waited banking rooms on Monday. and
the annual corporation meeting was
! held there on Wednesday, During
/ the five months which have passed
/ since the bank moved into temporary
/ quarters in Crosby block a complete
| transformation has been made in its
/ weil-known quarters sEverything is
/ absolutely new. a new steel vault
! of the most modern construction has
! replaced the old vault. and new finish.
/ furniture and decorations of the bank
/ ing rooms in front and the trustees
/ room in the rear have given place TO
/ the old. The new vault is of ample
/ size and as large as the space permit
! ted. 1t was built by the Mosler Safe
| company Of Hamilton. Ohio. the larg-
est makers in the world of this kind
/ of steel construction. The inside di-
mensiOns of the vault are: Width. Z
| IT. in; height. s IT, & in: depth. 10
! fl. The vault proper is of the most
| approved steel construction. with a
/ iireproof Jacket of cement six inches
/ in thickness. enclosed in an outer cas-
| ing of steel 1t has every modern
/ convenience in the way of shelving
! racks. file cases, etc. Inside the
/ vault is a steel securities safe. with
| time LOCK. The vault has double
/ doors. the outer one seven inches
/ thick and weighing four tons. II
has an automatic lock. which avoids
perforation of the outer plates. and
a three-movement time lock. In its
/ outer finish the vault has a cornice,
mouldngs and pilasters of oXydized
/ copper 1t is built on a solid founda-
/ tion of grouted masonry The vault
I Is of the same thickness and con
/ struction as that built by the same
company for the National Bank of Re
/ demption of Boston. in 1901 1t gives
/ TO the securities of the Vermont Saw
| ings bank protection which is at least
/ equal TO that of any bank in this part
/ of the country.
/ The arrangement of the banking
/ rooms remains practically the same as
| formerly. the only essential change be
! ing that the small room which was
| formerly between the front and rear
! rooms now gives place to the in
! creased size of the vault The new
! counters, desks chairs, and other
! furniture all are of solid oak, with pan
| eled wainscoting. In the banking
! rooms proper the finish is in light
| oak. in the trustees room il is in dark
! effect. The walls in front are cover
! ed with terra Gotta burlap, and in the
| trustees room with burlap painted to
! match the color of the woodwork The
| ceilings are of steel. and there are
| heavy cornices of solid oak through
/ out. The public space in front of the
/ counter has floor of marble mosaic.
/ The grill work over the counter and
/ the grill doors shutting off the public
! space and the banking room are finish
! ed in oXydized copper effect Com
! bnation electric and gas light fix
| lures harmonic with the general style
! Of the finish. The whole effect is
! handsome and substantial and com
! ports admirably with the solidity and
! dignity of this time-honored nstitu-
| ton
All of the woodwork finish, decora-
| tiors and furnture-everythn out
! side the vault. was done under con
tract by the Mellish & Byfeld com
! pany of Boston, specialists in this
| class of bank and public buildings
| work. The masonry of the vault was
built by F. T. Stewart, and the light
fixtures We're put in by the Vaughan
a. Sargent Electric company, under
the Mellish & Byfield contract.
At the annual meeting of the bank,
held on Wednesday, the report of the
treasurer showed the continued pros
perty of the institution. The depos-
its on January 1st were 1920, 5000.
against $3.lSS, ,72S.62. a year ago, and
there has been similar increase in
the banks resources. The old board
of officers was reelected, and the an
nual corporation dinner was eaten at
the Brooks House in the afternoon.
When all had been seated at the table,
and before the dinner was served, a
photograph was taken by Mr.. Wyatt
The officers are: President, Hon.
Frederick Holbrook; vice president,
William S. Newton. Esq; trustees,
| Frederick Holbrook, Addison Whit
he'd ID. ID. Dickinson, Francis Good
hue u. S. Pratt, George L. Greene
w. S. Newton. George A. Boyden,
Charles II. Pratt, James Conland and
Frank l.. Hunt; treasurer, Charles
ii. Pratt; assistant treasurer, II. A.
Webster; bookkeeper, Charles F.
Bingham; board of investment, Fred
erick Holbrook, ID. S. Pratt, F. l..
Hunt Francis Goodhue and c. II.
Pratt; auditors, d. d. Dickinson,
Francis Goodhue and George E.
| Greene.
1t is of interest to note in this con-
nection that the Vermont Savings
bank building was built in 1868, and
was occupied in the fall of that year
The construction and fittings at that
time were of the most approved type
for bank purposes, and remained in
use until the changes made this year
The present equipment affords a
good Illustration of the advance made
and the requirements to be met dur
ing the last 35 years. 1t is cause for
congratuation to the whole commun-
ity that the old bank thus finds itself
housed and equipped to meet every
demand of modern business and mod
ern convenience.