davidaulloa/AmericanStories huggingface dataset:
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10
STOWE.

The graded school opened last Wednes-
day with 165 pupils and more expected.
THE staff of teachers Is composed of
Prof. c. II. browne Of Johnson, prinoi-
pail Miss Caroline Swift of MiddleseX,
assistant; Miss Dorothy NJ. Tate Of Wat
erbury. grammar grade; Miss Blanche NJ.
Ewins of North Troy, second interme-
date; Miss S. May Marsh Of Barton
Landing, first intermediate; Miss Susie
A. Bieelow of stowe primary. -Osman
Sanhorn. Orville Converse Albert Nor
rson Orrin Blanchard and Daniel Jones
of Waterbury were fined last week for
intoXication.-J l.. Tomlinson Of Essex
Junction and Mrs. Gracia Griffin of
Stowe were married in Waterbury by
the Rev. +. A. Smith, September 5-Mr.
and Mrs. Tomlnson visited friends in
Jonesville Saturday, returning to Stowe
Sunday. They are spending this week
with friends in Albany and vicinity
Mrs. Sarah r. Weeks and Miss Delta
Collins returned last week from a visit
to Montpelier and vicinity-Mr.
and Mrs. A. G. Sulham attended
the carnival in Burlington last week.
Mrs. l.. II. Par!in and son, Howard, re-
turned to their home in Littleton. y. H.,
last Wednesday.-C. 7. Shedd was in
Burlington last Wcdncsday.-M f. j.
Holden and two children. returned last
Friday from a visit Of several weeks to
Landgrove and vicinity.-Dr. and Mrs.
Bethel last week. returning to Stowe
Saturday-Iioy Smith and o. +. Luce
returned last Friday from MasSona
Springs, n. y, much beDeiited in health
by their sojourn there.-Miss Carrie
Brush returned to her duties in the post
office last Friday after r. two weeks
vacation.-Aliss Nette Brush was at
home from Montpelier over Sunday.-Ii.
L. Thomas, L. Mcmahon. J. j. Vearren.
II. +. Shaw. c. f. Eddy and Dow Smith
attnded the fish and game league meet
ing in Fort Frederic, n. " last Friday,
e. r. Bigclow principal of Phillips
grammar school of Salem, Mass. re-
turned to his work last sunday night. -
Walter Bell. vino has been the guest
of his grandmother, Mrs. r.. A Savage,
returned to his work in North Adams.
Mass, on Monday.-Mrs. r. a. Savage
is seriously ill.-The Rev. and Mrs.
Evans, who have been spending two
weeks vacation at the biblical institute
and campmeeting in Sheldon. returned
to Stowe last F'riday.-The ladies of
Trinity Church have changed the time
of their circle from the first to the sec
ond Thursday of each month.-A party
Of about . young people of Stowe spent
saturday night and Sunday at Lake
Manshel d.-About 80 relatives and friends
spent very enjoyable evening with
5. NJ. Brush and family last Saturday.
the entertainment taking the form of a
corn roast..-Mr and Mrs. h. +. Thayer
and son, Roy who have been spending a
month with Mr.. and Mrs. c. f. Eddy,
returned on Monday to Cambridge
Mass.-Miss Floy Eddy visited in Mont
pelier over Sundly.-Mrs. Aurora Adams,
who has been quite i'll from an injury
received several weeks ago, is improving.
--Bcnjamin Gibbs. who has been i'll is
much improved in health and is able
TO resume his work as stone mason.-A
l.. hi, !,
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10

two Oldest children, Helen, who Is to
enter the Vermont University and Har-
Ney, VINO VIII attend the Burlington
nigh school. Mrs. Allen will remain with
the children.
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10
MONTGOMERY CENTER.

Mrs. Harriet Martin, who has spent
the summer with hen son, G. l.. Martin
has returned to her home in Cornwall,
Ont.-Mrs Leonard Cotton Of pcdham,
Mass. is wishing her mother Mrs, Nina
Patenaude.-C. r., Hall has purchased
an automobile.-Miss Alma Dcsautels
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10
AFTER HAVING. PAINT

the barn. Red is attractive. and eConomi-
cal too Nothing but pure pigments and
pure lnseed oil in Indestructible Barn
Paint Hagar Bros, Burlington, VT.
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10
WEST ENOSBURGH.

Mrs. Eliza Hubbell, who has been Ill
for several months died Friday The
funeral was held from the house Sunday
at p. m, the Rev. G. w. Burke Off
ciatinG. Music was furnished by the
Methodist choir. The floral offerings
from loving friends We're many and
beautiful. Mrs. 1Iubbcll was about 40
years old and had been member of the
Methodist Church for many years. she
was sincere Christian. loved and res
rected by all During the last days OF
her life she was great sufforcr but
was patient through all. She leaves
brother, s. O. Maynard IF Enosburgh
Centre, and two sons. G. T.. Ilubbell of
Boston and NJ. l.. Iiubbcll of this place
with whom she made her home.-Miss
Lulu Page has been spending several
weeks at the home of her Cousin, Mrs.
Il. l.. Stanton, has returned to her home
in Gardner. Mass.-Mrs. Eva Huhhell has
returned home from York Beach. Me.
where she has been working in Il summer
hotel.-C. e. Hubbcll of Boston was III
town recently to attend the funeral oil
his mother, Mrs. Eliza llubbell
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10
BENSON.

Prof. j. Hawley Aiken of this town re-
Continued on seventh page)
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-09-10

Mrs. Henry VI. Stafford and daughter of
Burlington are visiting her parents, Mr..
and Mrs. Edgar Maynard
The Indianapolis journal., 1903-08-07
SECURITY TRUST COMPANY.

The Security Trust Company, which has
just passed it's second year of business, is
the first trust company to open safe de-
posit department north of Washington
street The company's purchase of hand
some five-story building at 142-14S East
Market street. with its vault costing $4,000.
enabled the Security 20 do this. The Be-
curity Trust boasts of it's large number of
women depositors, many of whom have the
little steel safes, of which the company
has put out several thousand in this city.
One out of every eighty people in Indian
apolis has one of these banks The COM
pany has over sixty bankers of Indiana
among its stockholders. Its assets are now
about one million dollars. The company is
one of the four trust companies in Indian
apolis which owns it's own home The Of
ficers are: Americus c. Daily, president,
who has been an Indiana banker for forty
years; William F. Churchman, vice presi-
dent, who is also cashier of the Capital
National Bank; George j. Marott, second
vice president, capitalist; Orlando Nj Pack
ard treasurer, is vice president Of the Cap
ital National Bank, and Gavin L. Payne is
secretary.
The Indianapolis journal., 1903-08-07
UNION NATIONAL BANK.

This Is the youngest of the national
banks, and opened its doors for business on
Dec. Is, last 1t has a capital stock of $780,
600 and deposits of more than half mill
lion. The last statement to the comptroller
and discounts, 1866, ,l7017; United States
bonds and premiums, $161, $780, due from
banks and bankers, s141, ,963.37, and cash
s102, ,S56.97. The total resources as shown in
this statement are $3.50, ,32S9 81. a bank with
only little more than six months in busi-
ness does not have much history, but the
Union National is rapidly making history
that will be a credit to Ii and TO its home
city The above record demonstrates that
its organizers have made no mistake to
the demand for additional banking facili-
ties here. The Union National has Initiated
liberal policy toward small depositors
while yielding nothing in facilities for the
accommodation of the largest customers
Maj. William j. Richards, who made his
money in indianapolis and has been inti-
mately identified with alp its interests for
quarter of a century, is the president
Robert L. Morrison, vice president ana
cashier, comes OF banking family. He
was messenger boy in his grandfather's 5
bank. and was associated with his father
in banking, and is therefore the third gen.
Grafton of the Morrison family to engage
in banking. Major Richards and Mr.. Nor
rison are also directors of the bank, and
have associated with them such wel-known
men as Charles T.. Coffin. president of the
Central Trust Company; John r. Welch and
George Wolf both real estate men; Ben
jamin Starr, piano manufacturer, Rich
mond. Ind; John ID. Colett capitalist;
Charles III. Smith, of Hollwcg, Hibbin &
Co.. and William c. Van Arsdel, superin-
tendent of agencies in Indiana for the New
York Life Insurance Company.
The Indianapolis journal., 1903-08-07
THE FLETCHER NATIONAL BANK.

This is the largest banking institution
in Indiana and has continued the longest
under one and the same name in the same
location. 1t was established in 1889 by
Mr.. StoughtOn A. Fletcher, father of
Stoughton ]. Fletcher. now president of the
bank. The third generation of the Fletcher
family is now represented in Stoughton A.
Fletcher, jr., who is its vice president. The
bank has capital of 100000 and surplus
s500,O00 Its total resources are $10O52,
4O4.25. In the first directory of the city of
Indianapolis the following bank names
were published: State Bank, corner of Illi-
nos street and Kentucky avenue: Farmers
and Mechanics Bank, Al West Washington
street: Central Bank. % West Washington
cation Bank of the Capital North Merid-
ian street; Harrison's Exchange Bank, 211z
East Washington street: Metropoiit an
Bank, corner of Washington street and
Kentucky avenue. All of the above banks
are out of business except the Fletcher Ma
tional. On March 2S, 1898. the Fletcher Bank
was changed into d national bank and now
leads the State with assets of more than
$10.O00OOo. The most rapid growth OF this
institution has been during the last five
years. 1t is one of three or four banks
in this State On the ro.: of honor, which
means to We surplus equal to or larger
than its ca yital. Mr.. Stoughton j. Fletcher
is president; S. A. Fletcher, jr., vice pres
ident and Charles Latham is cashier.
StoughtOn A Fletcher, the founder OF this
bank was one of the first bankers OF In
diana and was a stockholder in the Bank
of the State of Indiana.
The Indianapolis journal., 1903-08-07
MERCHANTS NATIONAL BANK.

This bank was organized March. 1861
Volney L. Malott and Henry Schnull were
active In its organization and for some
years held controlling interest i'm the
stock. Mr.. Malott served as cashier until
1870, when he resigned to enter railroad bus
iness and he held the office of president
from 1872 TO 1882. AT this time he sold his
stock and resigned when Mr.. John p. Fren-
Zel, who had served as cashier was elected
president. Mr.. Frenzel continued as presi-
dent until January, 1902. when his brother
-. n. FrenZel was chosen president and
John L. Frenzel became vice president O
Il. FrenZel, another brother is cashier of
the bank. This bank began business with
a capital stock of Sl0O, 900. which was a large
capital for that time and this city and this
was increased TO $500 900 January 1892.
then in November 1894. it was raised to
S.OOO0oO when the Merchants absorbed the
Meridian National The Merchants was the
first national bank in this city to go TO
sl,OpOOO capital and its great business has
been built up by the Messrs. Fren=el broth
ers. The bank has a surplus and undivided
profits of Si30. .4SS.l7. and has paid its stock
holders Sl.13l .72i.l3 in dividends, on an av-
erage capitalization of $325.OO0 This bank
has one popularity more marked than any
other bank of this city, viz, all OF the ex-
ecutlVe officers have worked their way up
from the bottom, and all have served as
messenger boys. John f. Frenzel has been
active In many other lines of business in
this cifv as well as in his bank. He was
for some years president of the Indianapo-
lis School Board. was the leader i'm the or
ganlzatlon OF the Indiana Trust Company.
IN TACT is the author or originator of the
law under which trust companies are or
ganized iE Indiana.
The Indianapolis journal., 1903-08-07
C. N. WILLIAMS G. co.

Among the successful private bankers in
the city are Messrs. c. n. Williams & Co.
who do very large business in mortgage
loans. real estate. insurance and rentals.
Their loans are made upon real estate, con-
sisting of farms and city property through
out the State of Indiana. and during their
experience in this line of work. covering
a period of over >twenty gears. they have
never lost a single dollar of inte. st or
principal, nor have any of their customers
ever been required to take any property on
foreclosure
This firm now has savings department
and pays interest on deposits. They began
business in 1879 in Charlottesville. Ind and
removed TO this city in 1897; their Eastern
connections are such that they are able TO
handle the large loans well as those for
smaller amounts
They are also general agents for the
Aetna Indemnity Company of Hartford,
Conn, for the State of Indiana, and issue
all kinds of surety and fidelity bonds. They
are conveniently located at No and 10
East Market street, The officers of the
concern are c. n. Williams. president and
@. l.. Brewer. cashier.
The Indianapolis journal., 1903-08-07
THE AMERICAN NATIONAL BANK

This institution has been record breaker
from the beginning. The bank opened its
doors for business with s25O.oO0 capital stock
on Feb. 4, 1901. The deposits on the second
day of business were $500, 6,3713S and before
the close of the year they had increased to
24l2,4l33 In February, 1902, one year
from the time of beginning business, the
deposits had reached s2,697301.7S, at the
close of the second year the deposits were
more than $5,000000, and the last statement
showed the banks deposits S5, 302 PIG 49,
Nothing of the kind was ever known in a
city OF 100000 inhabitants The capital
stock of the bank, which was at first $3.50
600. was increased to $35O,OOO in March. 1901.
and then to Sl,O00.0OO in August, 1907 OF this
one million dollars ss54,soo is held by the
Aactlve business men of our city. and sl45 100
is owned by nonresidents. The bank has one
OF the largest lists of correspondents and
is especially prepared to take care of all
complete satisfaction.
Ihose who have occasion to transact bus
mess with the American National will be
impressed with the courtesy and affabilty
or the officers and employees, and this is no
small FACTOR in winning success in any busi-
ness. Mr.. John Perrin, the president. served
long experience in the banking business i'm
i.aIayette before coming to Indianapolis II.
"A: Schlotzhauer, cashier, was for number
OF years connected with the Indiana Ma
tional of this city. Theo Stempfel, assist
a aiie eoShtSi, hau cdreIul training In large
bank In Germany. where he rose to official
position, and he had charge of the trust
department of the Indiana Trust Company
untll ne entered the American National.
AnureW smith, also assistant cashier. has
been in the banking business since a boy of
seventeen, and he was for more than twen-
ty-two years connected with the oldest
Dank IN the state, filling various important
positions. While the American National is
a new bank IL is officered by men of expert
ence and ability. The officers of the bank
nave the active support of the directors
ness men of the CITY ~
The Indianapolis journal., 1903-08-07

This is the next to the youngest of the
national banks. 1t opened its doors for
business June g. 1901, and removed to its
present quarters, built especially for 1T.
in January 1902. The bank has a capital OF
$500, 600, and does business in one of the
most complete banking buildings in this
city The last statement, June g. 1903,
showed a growing surplus and total re-
sources of s2229, ,5l1.63. The officers and di-
rectors are men who stand i'm the front
rank of financial. commercial and manufac-
turing circles in Indiana. Most OF them
are III positions of responsibility in connec-
ton with other banks and trust companies.
To repeat these names indicates their i'm
portanI and responsible business relations.
Mortimer Levering is president. A. A.
Barnes vice president. w. +. G. Colt cashier
and w. X. Sproue assistant cashier. The
directors are A, A. Barnes proprietor of
the Udell works; w. III. Coleman. capitalist;
A. c. Daily. president Security Trust Com
pany; Mortimer Levering: Louis II. Levey,
president Levey Brothers q Co.. II. w.
Miller, former treasurer of Marion county:
l.. p. Newly. president Citizens State
Bank, Knightstown; y. F. Ramsey, presi-
dent Citizens National Bank, Crawfords-
vile; Ernest II. Tripp. Union Storage and
Transfer Company Raymond p. Van Camp,
Van Camp Hardware and Iron Company,
and c. y. Williams, president G. n. Will
Jams * CO., bankers.
The Indianapolis journal., 1903-08-07

This bank was organized in 1865 as the
diana. George Tousey was the first presi-
dent and David f. Snyder was first cashier.
The excellent record which the Bank of
the State of Indiana and whose business
naturally came to the Indiana National
Bank made, has been we'll sustained and en-
larged. The high standard fixed by this bank
In keeping large -Feserve has made the
standard for other Indianapolis banks and
given this city high position in the finan-
do not wish TO keep so great a reserve
would be glad to see Indiana polls banks
reduce this high standard. The Indiana
National Bank stood about third in the
roll of honor which means to have
surplus equal to or larger than its capital,
until its capital was increased from $780,
600 to S1.000.0OO. When Mr.. Malott became
president of the Indiana National Bank it
had capital stock of 100000, surplus S70,-
900 and deposits $5500O0. At this time its
capital Is $1,O00.O00, surplus and undivided
profits 100000 and deposits about 5000. .000
No man i'm Indiana has done more to es-
tablish the high character of the banks in
this city than VoIney L. MalOtt: in fact his
Influence Is felt in financial circles through
out the State. and while he is one of the
present-day bankers he is really one of
the ''early bankers he officially
connected with the second bank established
in Indiana. The Indiana National Bank
has the largest individual deposits of any
bank in the State, and it's stock is quoted
higher than that of any other financial in
stitution in the capital city. The officers
L. Mckee, vice president, and E B. Porter,
cashier.
The Indianapolis journal., 1903-08-07

The Commercial Trust Company is the
latest Conner into Indianapolis financial
circles. 1t began business Feb. i, 1908, and.
judging from its last statement, the OFF,
GERS must have been on a hustle for busi-
ness every day from the first. The COM
pany has made a special drive for savings
deposits, and has been exceptionally sue
cessful. In the statement for March 81.
1903 which is about four months past, some
important figures given. On the side OF
assets il had: Collateral loans, 3d. go:
stocks and bonds. $S4.950: mortgage loans.
$1,000; cash and due from banks, $24,624-90;
with total assets. .26. The capital
stock paid in is $ll0, $3.50: deposits, S20.6S72.
Mr.. Z. G. Pierce, jr., who was secretary
when the company first organized. is now
vice president, and Mr.. j. NJ. Martens Is
treasurer and secretary. The location Of
the offices, No. East Market street, is ex-
cellent for business. At the rate the COM
pany has been growing IL will not be long
until il is one of the leading financial in
StitutiOnS of this city.
The Indianapolis journal., 1903-08-07
THE CENTRAL TRUST COMPANY.

This company began business Jan. 1,
1900. 1t succeeded to the long established
business of c. E. Coffin & Co., thus start
ing with highly profitable connections
already made. 1t has made an unusual
record in that it was able to pay per cent.
dividends during its first year, which have
been continued regularly since. 1t has
made continued growth and is already rec
ognized as one of the strong institutions Of
the city. In its financial department it has
been unusually successful, having placed
the preferred stock or j. T. Polk Company,
s75, 600; preferred stock of T. B. Laycock
Manufacturing Company, s1750O0, and the
first mortgage bonds of the INDIANAPOLIS
& Eastern Railway Company (the Green
field lne). $1,000 900. In it's trust depart
ment il has already handled some of the
large estates, among them that of the late
ID. p. Erwin, amounting to about 81 600 900
The semi-annual statement of June 90
The Indianapolis journal., 1903-08-07
THE MARION TRUST COMPANY.

This company, organized in December.
1895, began business the I'd day OF January.
1896. Frank Maus Fauvre served as presi-
dent one year and was succeeded by NJ.
O'Connor, who filled the position for two
years. Joseph T. Elliott, the present .exec-
utive head, was elected to the Office in jan
uary, 1899, and is now completing his fifth
year. AT tie same time that Mr. Elliott
became president Preston -. Kelsey was
elected second vice preside 1t and p. C..
Trusler was chosen secretary and treas
urer. The business has greatly prospered
during the last five years.
The capital stock is s3ooooo. one-half of
which has been paid in. The conservative
The Indianapolis journal., 1903-08-07

company to enter the field. He had en-
joyed a wide experience in banking and
other large financial enterprises and was,
therefore, well fitted to enter this new field.
From the beginning the Indiana Trust has
been remarkable in financing some of the
largest business enterprises of our State.
Only the most successful business would
enable it to attain to the large proportion
shown by the last statement of June 80,
1903, in which 1T has resources of $3.50, ,O72 1S.
In the same statement they have loans,
s., ,391, 80; bonds and stocks, 81, 166. $685.
cash and due from banks, $1.5S6, 795. 73- In
addition to the $l,00O,0O0 capital stock they
have surplus and undivided profits
amounting to $2OS, ,406 go Mr.. Frenzel has
been fortunate in gathering about him a
number of bright young men for officers,
John A. Butler Secretary-t
Frank Martin, treasurer; assistant secre-
taries Charles A. Adam and II. b. Halo
way. His board of directors is composed
of some of the most successful business
men of indianapolis. The company owns one
of the largest office buildings in the city
and occupies the entire ground floor for the
conduct of its large and growing business.
The Indianapolis journal., 1903-08-07

first mortgage loans its main business, and
three-fourths of their business is farm
loans, the remainder in cities and towns.
Mr.. Day is a pioneer in mortgage loans
to farmers, having begun making loans to
farmers in Indiana while in, business in
Chicago as early as 1872. He has, perhaps,
been the means of bringing more money
into Indiana than any other person for this
line Of investments. This firm has always
been prepared 10 carry its customers
through financial crises, and when strin-
gencies occur ii is their custom to grant
extensions TO those who desire to renew
their loans. The firm occupies fine suit
of offices, built for their business. on the
eighth floor of the Law building, and is not
only well toward the top in location but
at the head in the amount and manner of
doing business.
In addition to the business of mortgage
loans this firm conducts a general fire, ac-
cident and employers liability business be-
ing general agents of the State of Indiana
for the Accident and Employers Liability
Department of the Aetna Life Insurance
Company of Hartford. Conn. In this line
they are rapidly building up large busi-
ness in this State and this is not surprs-
ing from the fact that the firm is widely
known in Indiana, having long since estab-
lished reputation for integrity and fair
ness in the conduct of their business.
The Indianapolis journal., 1903-08-07
THE GROWTH AND PROSPERITY
or the Financial Institutions of In
diaaapOlis.

Show to a wide-awake business man the
character of the city's financial resources,
desirability of the place for business ven
lures. In the small village the medium
sized county town. with few local condi-
tions favorable for business and with
meager railroad facilities, there is no need
for large moneyed institutions, but the large
and growing city. with multitude of ac-
tive factories, must have extensive finan-
cial backing. Judged by the successful
financial enterprises this city has, it GER
tainly offers ample opportunities to the en-
terprising business man. 1t is doubtful If
any city in the country, of equal popula-
ton. can furnish a better class of bankers.
banks and trust companies.
The Journal has always delighted to pro-