The Montgomery advertiser., 1905-01-11
BANKS MAKE | GOOD SHOWING
 Montgomery Institutions | Hold Annual Meetings.
 OFFICERS ARE ELECTED
 MT. Marks Retires from Active Duty. Fourth National Increases Capital Stock and Selects Mir. Jones as As- sistnnt Cashier-Three New Directors.
OFFICERS ARE ELECTED

1 Boards of directors and stockholders of the five Montgomery banks held their annual meetings yesterday and elected directors and officers. The reports of the presidents of all the institutions showed that the year 1904 had been a very prosperous one with the banks of Montgomery. In only a few instances were changes made in the directorates or lists of of- ficers of the banks. Most important was the acceptance of the resignation of S. B. Marks, Jr.. as vice-president of the Merchants and Planters Farley Ma | tional Bank, who quits an active par lticipation in the affairs of the institu- l ton on account of i'll health. The Fourth National Bank also made several changes in its management. The capital stock of this institution was in- creased from $200,O00 to $250,000, the Board of Directors was increased in membership from nine to twelve, B.. L. Holt, V. H. Hanson and G. D. Noble were elected to fill these positions. and | the office of Assistant Cashier was cre- ated to which A. J Jones was elected. The First National Bank made no changes in its list of officers or board of directors, but the report of A. M. Baldwin, President of the bank, showed the institution to be in very healthy condition.
 The officers of the First National Bank who were reelected yesterday
 
 ident; A. s. Woolfolk, Cashier; J. c. Stratford. Assistant Cashier. Directors. A M. Baldwin, w. A. Gayle, c. G. Abercrombie, J. S. Wilcox. A. s. Wool folk.
 | The stocpholders of the Union Bank and Trust Company made no changes in its Board of Directors, all of the old members. Joseph Norwood, J. $. Wilcox, J. C. Haas. Emanuel Lobman, F. s. Ball, Meyer l.. Griel. J. l.. Gas ton, Isidore Well, and Michael Cody, being reelected.
 The Board of Directors did not hold o'clock. as was scheduled, but will meet at an early date, at which time all old officers will be reelected.
 l The American National Bank made no changes in its Board of Directors or list of officers with the exception that the resignation of A. J. Jones as Assistant Cashier was accepted. This bank has just closed its first year of business and the condition Is said to be be very satisfactory to the stockhold- CTS.
 The directors reelected were as fol- lows: J. w. Black, J. w. Durr, Jr., William D. Jelks, F. B. Fisk. J. S. Pinckard, S. L. Tyson and William Der Iney. The officers elected were William Berney, President; J. w. Black, Vice President; S. l.. Tyson. Cashier The position made vacant by the resignation of MT Jones has not been filled. l
 National Bank was reported to be in q
 very satisfactory condition. The
 meeting of the stockholders was well
 attended and the old Board of Direc- | tors was reelected.
 At the meeting of the Board of Di- | rectors the resignation of s. D.
 Marks, Jr., Vice-President of the bank.
 was accepted and resolutions were adopted regretting that the health of | Mir. Marks was such that 1t would be unwise for him to continue to take an active part in the affairs of the bank. ' A handsome silver service was pre- scented MT. Marks by the Board Of Di- rectors as token of appreciation of his services.
 Mir. Marks was appointed Chairman | of the Finance Committee of the Board of Directors. a position of more or less | activity but which has none of the con- fining clements of his former place. No election was held to fill the va cancy caused by the resignation of Mir l Marks, the sentiment of the Board of | Directors being that the position should be held open until Mir. Marks again take an active part the af-
 reelected President. NJ. P. LeGrand, | Vice-President; Louis B. Farley. Cash | fer and Henry T. Bartlett. Assistant | Cashier.
 The following directorate was re-
 elected by the stockholders: H. M.
 S. Roman, John B. Nicrosi, Joseph L..
 Hall, M. P. LeGrand, Thomas David
 son., F.. c. Andrew N. J. Greil, S. B.
 Marks, Jr, c. L. Mathews, c. L.
 Ruth, Jacques Loeb, Louis B. Farley. | The stockholders of the Fourth Ma | tional Bank had busy session at its
 banking house. In addition to the in- l crease in the capital stock, the stock
 holders increased the membership of
 the Board of Directors to twelve, B. | l.. Holt, Victor H. Hanson and G. D. Noble being elected as the new mem- I hA~ <Nf f1.
 of the Board who were reelected arc: T. J. Reynolds. W. H. Moore. s. J.
 Winter, M Kahn A. J; k9qfman, F.
 The s5O,000 additional capital of the
 Fourth National Bank Is to be available February 1st
 When the stockholders adjourned the Board of Directors assembled imme- diately and reelected Thomas J. Key
 holds as President and w. H. Hubbard
 as Cashier.
 By resolution of the Board of Di-
 was created and A. J. Jones, al present
 Assistant Cashier of the American National Bank was elected to the posi-
 tion; He will assume his new duties
 The Board acceptGS the resignation of William D. Khon as general book
 keeper and Thomas J.H efin was elect
 ed as his successor. MT. Hefiin is at tional Bank of Birmingham. He will
 come to Montgomery on February 1st
 In accepting the presidency of the
 bank for another year MT. Reynolds
 made a brief but happy address in which he congratulated the stock
 holders of the bank on It's prosperous
 condition and its growth during the year that has just closed
 Mir Reynolds said that with the CO.,
 operation of the Board of Directors
 which he felt sure he would have he
 was confident that still greater pros