The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-01-15
KNUAL MEETING OF BANKS.
Reports Show hat Banks of Raleigh are in
Prosperous Condition.

The stockholders of the Citizens Ma
tional Bank held their annual meeting
at noon and elected the following direc-
tors for the year: Messrs Jos. G. Brown,
r. H. Battle, A B. Hawkins, A. B. An
drews, r. H. Lewis, Jno. G. Drcwry, |.
M. Proctor, VIM. J. Andrews.
The election of officers by the directors
resulted as follows: President, JOS G..
Brown; Vice President, A. B. Andrews;
Cashier, Henry E. Litchford;; Individual
Book-keeper f. P. Haywood; Teller, w.
w. Robards; General Book keeper
Henry ]. Young Collector, David I. Fort
Jr.: Stenographer and Typewriter, Miss
Leila Dye.
The deposits in the bank today amount
to 100000. The past year has been very
prosperous and the banks business has
greatly increased.
At the meeting of the directors and
stockholders of the Citizens National
Bank, Mr. Irwin Jones rendered his resig-
nation as book-keeper, which was ac-
copied by the directors with reluctancy.
Mr. Jones has been connected with the
bank for over ten years and has been one
of the most faithful officers of that in
stitution. His successor was not named
become the manager of the department of
insurance in the office of Messrs. T. II.
Hay & 30.
+ COMMERCIAL AND FARMERS
The stockholders of the Commercial and
Farmers Bank held their annual meet
ing today at II o'clock. After the presi-
dent and cashier had made their reports
the following directors We're elected for
the year: Messrs. Fl. A. London, t. H
Briggs. 3. N Duke, Fred Phillips, r. b.
Raney, c. ]. Hunter Ashley Horne. A.
A. Thompson, J. B. Hill, ]. w. Scott j.
j. Thomas, ]. Z. Shepherd, ID. Y Cooper,
A. L. Baker and c. w. Watts.
The following officers were elected by
the directors: President, ]. j. Thomas;
Cashier B. S. Jerman; Assistant Cash
Ter, II. w. Jackson; Chief Book-keeper,
f.. B. Crow: Book -keepers, A. p. Bau
man and Miller Hughes; Collector and
Clerk, Burke Little.
The report of the president and cashier
showed a continued growth of the banks
business since its organization on Sep
TENDER both. 1891, and during the past
year the stockholders were highly
pleased with the banks results.
i.
The stockholders of the National Bank
of Raleigh held their annual meeting yes
terday. The following gentlemen were
elected directors for tn year Chas. H..
Belvin, F. o. Moring, ]. A. Briggs. G. M
Busbee, T. B. Crowder, Chas +. Johnson,
w. w. Vass, Julius Lewis.
The directors elected officers for the
year as follows: Chas. II. Belvin, Presi-
dent; Chas. L. Johnson, Vice President;
f. II. Briggs, Cashier; J. Il. rimberlake.
Jr., Teller; f. l.. Mailer, General Book
keeper; ]. W. Harden and c. Fl. Belvin,
Jr., Book keepers; j. b. Cheshire Jr.,
Collector and Clerk; G. M. Eusbee. At
torney.
The result of the banks BUSINESS was
satisfactory and the business Of the bank
showed yearly increase.
MECHANICS DIME SAVINGS BANK.
The annual meeting of the stockholders
of the Mechanics Dime Sarings Bank
was held in The rooms of tie bank last
NIGHT for the purpose of hearing the re-
norts of the officers and the dection of
directors for the ensuing year. Tie presi-
dents report showed grat''yng in
crease in the business of the baLs ana
showed the net profit to iAa tyckheutr.
for the past year to be 20 .c GER,
The election Of dregtirs resnted as fol
ros Messrs. c. T. Wha ION. d IA
King. c. 3. Park, Carg Hunter John
ward X. Z. P@sle, j., and John A.
Mlhs
Imr ately alter adjournment of
fack} ;ers the new directors met and
elected the following officers: Chas Il.
Johnson, President; G. Il. Edwards,
Vice President; W. N. Jones, Attorney;
Walters Durham, Cashier; Thos. W.
King, Teller.