The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1906-01-22
ANNUAL MEETINGS
OF ETOWAH BANKS
Institutions Are All Making a
Good Showing
NEW AFTERNOON JOURNAL
oadsden Times-News viii Branch Out
in Near Future-other News
of Gadsden and
Vicinity.
NEW AFTERNOON JOURNAL

GadSden, January As-(Speclal. )-1hree
out of the four banks in Etowah county
have held their regular annual meetings
the past few days, and all of them show
great gains in all lines for 1906 over 1904.
Their deposits have grown wonderfully
and their earnings have also kept pace
with the other lines. The Bank of Alfalfa,
which was recently merged into a national
| bank, held its meeting and elected Of
fcers for this year as follows: L. NJ.
Dyke, president; A. Brown. vice presi-
dent; W. r. Lowly cashier Five hundred
dollars was passed to the surplus fund
and $1,000 to undivided profits.
The First National bank of Gadsden
stockholders elected as directors Charles
A Lyerly, T. S. Kyle. John r. Palmer.
R. V. Davidson and L. l.. Herzberg. A
regular semi-annual dividend was paid to
stockholders. The officers have not as
yet been selected for this year
The Merchants and Farmers bank of
Gadsden have selected as directors A. E
| Goodhue, W. f. Showers, ]. II. Wood, w.
| p Lay, j. S. Paden, S. Rosenbaum, j. H.
Lester, w. C. Bellenger, L. P. Levin, Otto
Agricola. Officers will be elected in a
| few days.
Pay Car Brings Joy.
The Louisville and Nashville pay train
passed through the city yesterday and
distributed a months salary to a large
number of employees In this city for the
Alabama Mineral division of the Louis
Vile and Nashville. Since the business OF
this road has increased so rapidly in this
| 10 -~;x-
regular employment.
Horse Runs Away.
| A horse belonging to Bud Salisbury ran
away yesterday and demolished the wager
| and skinned himself up considerably. The
horse ran from Chestnut street hitchine
| grounds down the street to Third, VI
| Third to Broad and down Broad to Fourth
and thence down Fifth to the creek, wher,
it was finally stopped. after cutting itseli
on the legs and body and completely de-
molishing the wagon.
New Company Incorporated.
The Gadsden Manufacturing compan,
has recently been Incorporated for thu
purpose of taking over the Adams knitting
mill in this city and operating it. Tn
| papers were filed in the probate offic
| Saturday. The new company is incorpor
ated at $4,000, and has at its head som,
| of, the best known people in this city. c
| H. Moody. who is connected with tn
| Dwight Manufacturing company, Is pres
ident, and DR.. C. b. Forman of Attall;
| is treasurer and r. l.. Adams is man
| ager. The company is Incorporated at $12,
600 with 100 shares of 800 par value each
The new company has ample capital t.
! keep the plant moving regularly. The out
| put of the plant is sold ahead and thu
l. fI,A ,aft ~
the plant. At present the capacity of thu
! plant Is 1000 dozen ladies undervests pei
| day.
New Afternoon Paper.
The announcement is made by the Gads
| den Times-News that an afternoon edition
| of the paper will be issued at an earl,
! date or just as soon as the necessary new
machinery can be installed. The pape
| has been Incorporated into a company
with a paid-up capital stock of $4,000
and the stockholders are among the lead
ing business and professional men of thu
city. The full Associated Press will be-
| taken, and afternoon paper In keepint
with the city will be published. NJ
change in the management of policy Of
the paper will be made, but it will bt
| conducted upon broad and liberal ideas
and will ever battle for the advancement
of Gadsden and Etowah county. The stool
| in the company was disposed of withou
any trouble. as the paper has always beer
a paying investment
Blacksmith Kicked by Mule.
vicious mule got in its work on Ton
Hill, a well known blacksmith In thi,
city, yesterday afternoon. breaking sew
eral ribs Mr.. Hill was standing by tn
side of the mule waiting for boy to lead
it up and hitch ii so he could put on tn,
| shoes. when the mule backed back ans
| suddenly let fly with its hind feet. strik
ing Mr.. Hill in the side and breaking sew
eral ribs He was knocked out for sew
eral hours, but soon rallied and Is toda!
able to be up.
JeIks' Body Inferred.
The remains of c. n. Jelks. who dice
Friday at the home of his daughter II
| Birmingham reached Gadsden Saturda,
and were taken to Oak Grove cemetery
| near Rock Springs. and inferred. Mr.
Jelks was an old and honored citizen o.
this county, where he lived for a mum
her of years Several months ago he wa
| taken i'll and went to the home of hi:
| daughter in Birmingham, where he coult
| receive better treatment, where the enc
came. He was 20 years of age and hi
death was caused by the infirmities of ole
| age
| Shoe Factory for Huntsville.