The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1906-12-07
THE FIRST NATIONAL BANK.

Security is the one great essential to
the success of every financial institu-
ton. This element of security is OBJ
tanned by ample capitalization, which is
strengthened by large surplus and undi-
vided profit accounts, by stockholders,
liability equaling capitalization, $I25,-
10000; by governmental supervision and
by periodical publication Of standing, by
officials under bond for the faithful dis.
charge of their obligations, by direc-
torate composed of men of established
integrity and standing, by the best equip
ment in safes and vaults, proof against
the attacks of burglars and the ravages
of fire, and by the constant presence OF
a night Waterman heavily armed, who IS,
on duty every hour of the night. This
bank was the first to introduce the addi
tional safeguard of an armed attendant.
All the advantages the First National
Bank of Westminster fully possess, SO
that a service is guaranteed that is en-
tirely satisfactory in all relations with
patrons. The First National Bank has
been an important and conspicuous fac
tor in the progress and development of
Westminster and Carroll county, since
its inception in 1866, and was the first
institution to offer to the inhabitants of
this section, banking advantages sur
rounded by governmental supervision
and safeguards. The following figures
taken from the sworn statement rendered
to the Comptroller of Currency, under
date of November II, 1906, prove con-
clusively the soundness and stability OF
this institution, and reveals conditions
that substantiates the First National
Banks strength and prosperity. These
figures emphasize the ability and excel
lent judgment of its executive officers
and directorate, and furnish the explana-
ton for the enviable reputation this insti-
tuition enjoys throughout this section:
Capital stock, paid in. $3.50. .$I25 10000
Surplus fund and net undivid-
ed profits ................. o2,5o2.5o
Total deposits ............. 328,7oI.32
Total resources ............ 607,763.25
The First National Bank covers effec-
lively all the departments of modern
banking. Money is received on deposit
in any amount and interest is allowed
on special deposits, money is loaned on
satisfactory signatures, approved paper
is discounted, foreign and domestic ex-
change bought and sold on all the lead
ing money centers. and collections are
made and promptly reported. The ac-
counts of individuals are invited, and
service guaranteed which is the charac-
teristic feature of this banks career, be-
ing noted for its promptness and fidel-
ity and for relations with patrons that
are ever courteous and confidential. The
officers of the First National Bank are,
Samuel Roop, president, and George R.
Gehr, cashier, and the directors are Sam
uel Roop, J. J. Weaver, Jr., David J.
Roop, Frederick Mehling, H. Writ Shri-
yer, Theo. T. Englar, Ferdinand D.
Shaeffer, Edward E. Reindollar and Geo.
R. Gehr. All the above mentioned indi
viduals are we'll known throughout Car
roll county, and each and every one of
them has by long association with its
people established their integrity and re-
liability and their ability and judgment in
financial affairs Possessing such quail
fications they will guard we'll the inter-
ests of patrons, following, in the di
rection of the banks affairs, a policy
which is happy blending of judicious
liberality with wise conservatism. This
policy fosters and promotes SECURITY
and SECURITY is the -honored
characteristic of the First National
Bank during every day of its enviable
career. The First National Bank has
the largest capitalization of any similar
institution in the county and always
maintains large cash reserve, thereby
possessing constantly the essentials for
an efficient, prompt and reliable service,