The Birmingham age-herald., 1906-01-10
BANKS HOLD THEIR
 ANNUAL MEETINGS
Additions Made to Some of the
 Boards
OLD OFFICERS REELECTED
Bank Reports Show Highly Gratifying CondItions-Large Increase In De- posits-offcer of American
 Trust compImented.

Several of the Birmingham banks held their annual stockholders meetings yes terday, and highly satisfactory conditions were reported at each meeting. Directors were elected for the ensuing twelve months
 The stockholders of the First National bank elected the following directors: W. s. Brown, T. H. Motion, F. D. Nabers, B. F. Moore, Robert Jemison, E. M. Tut wiler, Erslxine Ramsay, W. P. c. Hard ing, w. H. Hassinger, Walker Percy, J. H. Barr, J. H. Woodward, William M. Walker, John L. Raul. Culpepper Exum, W. H. Woodward and M. V. Jospeh.
 MT. Joseph was chosen in the place of Fred M. Jackson, who declined re-elec- ton. The directors met and reelected w. P. G. Harding president and all the other officers. The report of the president showed that the deposits of the First Ma tional had increased s1,0OO,OOO since the January, 1905 meeting.
 American Trust.
 At the meeting of the stockholders of the American Trust and Savings bank 1700 of the 2O00 shares were represented in person or by proxy. It was the most en- thusiastlc meeting in the history of the bank
 President W. w. Crawfords report showed that during the past year earrings of the institution had been on a basis of 20 per cent of the capital stock, after all fixed charges and expenses had been de- ducted. Dividends aggregating per cent, or s16,0O0, were paid, leaving net undivid- ed profits of s2s.5OO
 Deposits of the bank increased more than million dollars during the year. They are now sS.oO0,o0O.
 The stockholders adopted a resolution thanking President Crawford and the oth- CT officers for their able management of the institution. Directors were elected as follows: G. B. Mccormack, H. L. BadAam, J. W. Mcqueen, H. c. Abbott B F. Roden, T. G. Bush, Jones c. Moore, Louis V. Clark, P. G. Shook, James Bow ron, w. J. Dangaix J. c. Maben, Jr., Eu- gene Fies, Walter Moore, A. B. Loveman, Nose Levy. R. M. Goodall. J. D. Kirk patrick, H. E. Mccormack. w. A. Porter, w. H. Kettig, John L. Parker, W. w. Crawford.
 uo utW uiiCNlOAo aubNu eo ehS 'S1>A~ = were MT. Flies and MT Abbott.
 The board of directors will meet within a few days for the purpose of electing officers.
 Birmingham Trust.
 The stockholders of the Birmingham Trust and Savings company reelected all the old directors and added one director, F. II. Dathrop, president of the Lathrop Lumber company. The other directors are: Arthur w. Smith, Tom O. Smith, T. H. Benners, Lee c. Bradley, J. M. Caldwell F. D. Dimmick, s. L. Earle, w. E. Henley, R. S. Munger, w. T. North ington H. J. Porter, James Spence, R. A. Terrell, James T. Woodward. The old officers were reelected, as follows A. w Smith. president Tom O. Smith, vice president. w. H. Manly. cashier; Benson Cain, assistant cashier.
 Citizens Savings
 The stockholders of the Citizens Saw lngs bank added the names of A w. Nell son, Charles Stilman and w. L. Murdoch to the old board of directors, which was reelected as follows: J. B. Cobbs. II. H. Mayberry, B. F. Roden, c. O. Simpson, E. D. Smith, J. H. Robinson, c. B. Spen- cer. Louis Gelders, Moses Levy, Harry Jones, J. w. Donnelly, J. B. Adams, T. H. Aldrich, Jr., F. B. Yielding, Bertram Ja- cobs, J. G. Whitfield, H. c. Abbott, c. O. Burns. The old officers were also reelected as follows: J. B. Cobbs, president H. H. Mayberry, vice president; Charles M. Spencer, treasurer; C. c. Davidson, secre- tary and auditor; E. D. Smith, attorney.
 Peoples Savings.
 The stockholders of the Peoples Savings lowing directors: Henry B. Gray, R. H. Thach and w. T. Lathem. The board of directors elected as officers: President, Henry B. Gray; cashier, H. D. Lyman; assistant cashier. w. T. Lathem: attorney, R. H. Thach The report of the officers for the past year was very gratifying, as $1O,OO0 was added to the surplus account of the bank after paying the regular divi- dend.
 The Jefferson County Savings bank stockholders will not meet until the 16th. Steiner Brothers bank stockholders also will not hold their annual meeting until March l.
 The Traders National bank holds It's annual meeting in the spring.
 The Commercial State bank, a flourish ing young institution, is not yet a year old and therefore has not held its first an nual meeting.
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