The Birmingham age-herald., 1903-01-14
STOCKHOLDERS IF
 THE BANKS MEET
Large Gains Were Shown for
 the Past Year
ALL DIRECTORS REELECTED
T. o. Smith New Vice President or Trust-First National Will Pay Quarterly Dividends at Rate
 of f2 Per Cent Per Annum.

All the banks of Birmingham with the exception of the Birmingham Savings bank, W. J. Dangaix, president, and the Steiner Brothers dncorporateD, held their annual meetings yesterday.
 The stockholders of the First National, the Alabama National and the Brming- ham Trust and Savings met at noon, and the Peoples Savings Bank and Trust com pany and the Jefferson County Savings met in the afternoon.
 The only bank that made any changes was the Birmingham Trust and Savings. where Col. T. o. Smith was promoted from the position of cashier to the office of vice president, ". H. Manley from the position of assistant cashier to that of cashier, and Benson Cain from the position of bookkeeper to that of assis- tant cashier.
 The Birmingham banks are all strong, and every year mark an increase in their deposits and surplus. Last year was nat .urally the most prosperous in their his- tory.
 1 First National.
 The stockholders of the First National bank reelected the old board of dlreo- tors as follows: T. T. Hillman N. E. Bar ker D. NJ Tutwiller w. S. Brown. B. F. Moore, William A. Walker, r. D. Nabers, 1 T. H. Motion. Robert Jemison, Erskine Ramsey, w II. Hassinger, Walker Percy, F. M. Jackson, J. H. Barr w. P. G. Hard- ] ing.
 The following officers were re-elected w. P. G. Harding, president; J. H. Wood ward, vice president; J. H. Barr vtce president; w. w. Crawford, cashier A. l R. Forsythe, assistant cashier.
 The First National paid per cent dividend last year 3 per cent for the first half and 6 per cent for the second half. It will pay quarterly dividends of per cent this year, making 12 per cent for the year. The bank is making great gains in it's deposits. February 5, 1901, its official statement showed that 1t had on deposit $2,79s,S77. On Monday last it's deposits amounted to a little over $4,561,OOO.
 Alabama National.
 The stockholders of the Alabama Ma tional bank reelected it's old directors and officers The directors are as fol- lows: B. F. Roden, c. S. Simmons, Lewis Minor, T. w. Pratt QIuntsville). J. H. Robinson, E. W. Fucker, H. H. May berry, W. A. Porter and J. B. Cobbs. The directors re-elected: J. B. Cobbs, president; H. H. Mayberry, vice-presi- dent w. A. Porter, cashier and c. M. Williamson, assistant cashier.
 The report of the officers shows a for Iae fha not earnings for the year were over $44,5O0 or 22 per cent net. The business in every department shows remarkable growth. Birmingham Trust.
 The following directors were elected by the Birmingham Trust and Savings com- J. M. Caldwell, S. l.. Earle, W. H. Kettig Alex T. London, R. s. Munger, w T. Northington James Spence R. A. Terril Tom o. Smith James T. Woodward These are the old directors with T. o. Smith added.
 The following officers were chosen by the directors: Arthur w Smith, presi- dent; Tom o. Smith, vice-presilent; W. H. Manly cashier, and Benson Cain, as- l sistant cashier.
 The Trust and Savings has made a gain in It's deposits of something like $,- 250,0OO within the past two years It's deposit account shows now about $2,750.- 900. This Is one of the most popular banking institutions in the south. It's management pursues a policy that is at once safe and liberal The PeopIes
 The stockholders of the Peoples Saw lngs Bank and Trust company reelected their old board-Louis Schillinger, w. M. Martin, George A. Blinn, Henry B. Gray and John D. Elliott. The directors re- elected the old officers. Henry B. Gray, president; George A. Blinn. vice presi- dent and J. D. Elliott, cashier.
 This bank was the pioneer in paying quarterly dividends. It pays at the rate of per cent a year. After paying it's dividends for the current quarter it had nearly s10,OO0 left for surplus and und- vided profits Its deposits amount to nearly $7O0. GOO.
 The stockholders of the Jefferson Coun- ty Savings bank reelected their old directors, and the directors in turn re- elected the old officers. Directors Chris 1 tian F. Enslen Charles E. Thomas, George w. Harris. James A. Downey, D. D. Jones, Samuel Rich, Eugene F. Enslen. The officers are Christian F. Enslen, president; Charles E. Thomas. vice president; Eugene F. Enslen, cash fer: E. K Campbell, attorney. | Officers of the Jefferson report the bus l mess of last year highly satisfactory.
 The Birmingham Savings bank will hold a stockholders meeting shortly. President Dangaix says it enters its sec ond year is in most prosperous condi- | ton.
 The stockholders of Steiner Bros.-there are only six of them-will hold their an- nual meeting in March.