The Democratic advocate., 1906-12-21
THE SYKESVILLE BANK.

Since upon banking facilities depend
largely the development of community
upon all lines, review of the monetary
advantages prevailing in Sykesville and
maintained constantly by the Sykesville
bank is an important feature, for to them
are traceable a great deal of the progress
which has characterized the recent his
tory of the community Through the In
ception of the Sykesville Bank, in 1901,
Sykesville became at once lndeps; t.seFf6f>
all other towns in the matter nt, etssF,ras1 =
facilities, and the promptness and tldellty
characteristic of the relations sustained
and service rendered have been the
means of building up an institution
whose popularity and stability are its
chief features-the features SO essential
to every successful banking enterprise.
That the foregoing statements are not
mere idle assertions is proved by the sue
cessful record achieved during its five
years career, as set forth in the follow
ing figures taken from its sworn state
ments under dates as herewith given.
These figures show the growth of the
bank in popularity by its constantly in
creasing deposits, the wisdom of its ex-
ecutive officers and directorate by its in
creased capitalization and growing sur
plus fund and undivided profit accounts,
and its Importance as banking institu-
ton as expressed in the total volume OF
resources:
January 2, 1902
Capital Stock Paid in. $4,000 90
Total Deposits. ..... 3I,2558o
Total Resources. ......... 49,Ioo 95 =,
November II, 1900 =
Capital Stock Paid in. -. $4,000 90,
Surplus Fund. ......... 10000 90
Net Undivided Profits. 1921 AZ
Total Deposits. .......... Io4,o25H
Total Resources .. 2I6,247 "a
These figures defines and emphasize
the prosperous career of the Sykesvllle
Bank, and present the unanswerable
arguments that entitle it to the great de-
gree of popular confidence and recog-
milton it today enjoys. The officers OF the
bank are: Wade H. D. Warheld, Presi-
dent; G. Harry Bevard, Vice-President,
and VIM NJ Chipley, Cashier; and the
directors are Johnnie E. Beasman, John
T. Ridgely. Charles F. Beck, Wilmer R.
McCardell, E. NJ Mellor, VIM. II. For
sythe, Jr., G. Harry Bevard, Samuel D.
Shipley, John W. Selby, Harry K. De
Vries, Wade H. D. Warheld, James B.
George, Albert A. Dorsey, VIM. M.
Chipley and A. F. Arlington. All the
above individuals are men of established
standing in the community, whose life
association with its people and admitted
integrity and reliability are the best
guarantee that the interests of patrons
will be carefully safeguarded. The
Sykesville Bank does general banking
business, allowing interest on time and
special deposits. The savings department
is a popular feature and provides facll-
tiles and safeguards that lead, through
the banking of small sums saved from
weekly earnings, to comfort and indie
pendence. The Sykesville Bank occupies
a modern banking room constructed ex-
pressly for the banking business. 1t has
marble tiled floor, ornamental metal cell
ing. oak fixtures and is lighted by acety-
lene gas and steam heated. The element
of SECURITY is maintained by mas
sive steel vault of the latest make and by
automatic time locks, thoroughly burglar
proof The Sykesville Bank enjoys the
distinction of being, not only next to the
Youngest banking institution, but the
ninth in the list of Carroll countys
monetary enterprises in standing, pop
ularity and the total volume of business
done.