The Birmingham age-herald., 1905-11-15
BESSEMER BANKS
 TO CONSOLIDATE AmaIgamation to Take Place
 Within Few Days
OFFICERS STATE M E N
Bessemer National and Bessemer Trust and Banking Go. Will Combine h. terests, Conducting Separate
 Departments.

Ressemer November 14.-(SpecialD D-Of- ficial announcement was made today that the Bessemer National bank and the Bes-
 semer Trust and Banking company would
 consolidate their interests in the near
 future Rumors of this consolidation ol
 interests have been rife for some time,
 but nothing definite was given out until this morning.
 It Is understood that the building now occupied by, the Bessemer Trust and
 Banking company will be used by both institutions. The Bessemer National bank will handle all the commercial business
 of both institutions, while the Bessemer
 Trust and Banking company will take
 charge of the savings departments of
 both concerns.
 The directors and stockholders of each institution will have equal interest In the consolidated concern, yet the two de- partments are to be conducted separate ly The arrangement is said to give Bes-
 semer a banking institution of unusual strength. with the best and strongest financial interests of the town behind It.. The following statement, which ex- DidlnS I0e DIOpoStb NoiiSpiiNN'%-' given out this morning;
 ",There has just been concluded be- tween the Bessemer National bank and the Bessemer Trust and Banking com pany an arrangement under which cer- tain of their separate interests will be- come joint at date in the near future' The arrangement contemplates the nan ding by the Bessemer National bank or the commercial business of the two instl- tutions and the turning over by 1t 10 the
 Bessemer Trust and Banking company of the savings department. which 1t has heretofore operated.
 'The Bessemer Trust and Banking com pany will then confine It's attention to real estate loans, investing it's savings deposits in first mortgages upon local real estate than which there can be no bet ter security for the funds of it's depos' itors.
 '"The directors of the two banks will
 be identical, and the stockholders of each will be interested in the other. The com bination will give Bessemer two strong institutions, owned and managed by Bes- semer men. and amply able to take care
 of the business interests of the city,
 Case Again Continued. The case against T. s. Jones, the old
 gentleman charged with appropriatng q
 horse and vehicle belonging to w L..
 Rush last Sunday morning, was again called in police court this morning and after the examination of few witnesses
 the case was again postponed to Thursday
 morning.
 From the evidence produced in the in-
 vestigation this morning it is very evi-
 dent that the old gentleman was suffering from temporary abstraction of mind and intended nothing criminal. To Give Rummage Sale. On account of the inability to secure | suitable quarters the ladies of the Presby- terian church have postponed their rum
 mage sale to Monday, November 20. 1 They have succeeded in securing the use l of a store room in the Steiner building | at Second avenue and Nlnteenth street 1 and will continue the sale all of next ! week
 1 The ladies request that all desiring to | donate articles to the cause send such articles to the Manse this week. Buildings Progress. The handsome brick business houses be- | ing built on Third avenue between Nine teenth and Twentieth streets in this city 1 by A. A. Randle and Bartin Bros. are l nearing completion and will be ready for
 occupancy within a short while. 1 When completed they will be among the | in the city.
 Notes and Personals. Bessemer chapter No. 110, Royal Arch
 Masons, met in regular convocation at