The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-01-09

MH lit dIuINtil DltSLAllS VI q h''' -
the Richmond banks were held yesterday
and In every instance all the old officers
were reelected for the ensuing year. Some
few changes, made necessary by deaths or
removals were made in the directories.
In all cases the reports of the officers
were encouraging, showing q good years
business with increases along all lines.
The banks of Richmond We're never be-
fore in better shape than at the beginning
of the year 1907.
Bank of Richmond.
Probably the most interesting meeting
YVES that of the stockholders of the Bank
of Richmond, which was held in the az
ternoon in their new and splendid bank
building at Ninth and Main Streets. This
was a special, as we'll as an annual
meeting. the special business being a
consideration of the question of increasing
the capital stock Of the bank. The session
was called to order and presided over by
Mr.. Samuel Sinton. The reports OF the
officers were submitted in detail, and they
showed a splendid business done by the
bank during the year just closed.
BY unanimous vote of the more than
two-thirds of the stock represented, 1t
was decided to increase the capital stock
of the bank from $4,000 to 100000 The
present stockholders of record will have
IIlt IIlNlitEt.o VI lnIi 1'' -
in proportion to their present holdings
at $40 per share, and it is understood
that every dollar of it will be taken by
them.
Tns following directors We're elected:
e. r. Addison. Percy S. Bosher. E. l..
Bemiss. Lewis d. Crenshaw. Jr., S. Dab
ney Crenshaw. l.. Il. Erickson. Jr.,
Frank Jay Gould. George A. Gibson. T..
Francis Green, John j. Hickok. Eppn
Jr.-,a. -. . Tro.-a m NTorn- William
Middendorf, Beverly B. Munford, James
A. Moncure, William Northrop, Frederick
z. Noting. William II. Parrish, A Won
n. Rosenegk. Tucker X. Sands, William
II. Taylor, S. w. Travers. John SHELTON
Williams. ii T.. Wilson and Lang
bourne NJ. Williams.
There are four branches of this bank,
located as follows: Fifteenth and Main,
Sixth and Broad, Twenty-ffth and Ven
able, and in Fulton. The following di-
rectors of the branch banks We're also
elected: John w. Atkinson, George w.
Brown, w. A. Cheatwood, j. G. Corley,
". B. Frayser, G. B. Ford, R. n. Goode,
John f. Harding S. p. Jones, Charles
Kastelberg, John Rebman, w. e. Tan
ner. Jr,. and Louis Washer.
After the adjournment of the meeting
of the stocYal6lderH. the newly-elected d.
rectors ret land elected the following
officers for the ensuing year: President,
John Shelton Williams; First Vice-Prasi-
dent, Frederick e. Noting; Second Vice
President and Cashier. T. K. Sands: AS
sistant Cashier, Henry A. Williams;
Trust Officer. l.. D.. Crenshaw, Jr.
National Bank Of Virginia.
The meeting of the stockholders of the
National Bank of Virginia was held at
noon In the Office of President Habliston.
After the transaction of routine bust
ness. such as hearing the reports of the
officers and the board OF directors, all of
which showed the affairs OF the bank to
be In splendid condition. an election of
officers for the ensuing year was gone
into with the following result:
w. Nj. Hablistor. president; w. NJ.
Addison. cashier: o. s.. Morton, assistant
cashier.
Observation-Disclosures P. Alsop, George
L. Christian. T. A. Cary, George r. Cam
non. James III. Capers. t. H. Elicit. II.
Theodore Ellyson. w. NJ. Habliston. r.
II. Lindsey. j. W. Rothert. r. G. Rem
nolds. 2. Rand Wexford, #. d. Williams,
IT. c. Williams. Jr.. and Evan r. Will
Hams. who was the only new director
elected.
First National Bank.
The stockholders of the First National
Bank held their meeting during the af-
%terncon. The reports of the officers and
directors show that the bank has enjoyed
a most prosperous year.
The net earnings for the past year
were SLIT 1885. Out of this amount OF
profits the sum of $50, 600 was paid in
dividends, S26, 400 invested in United
States bonds and $95, 553,6S carried to
undivided profit account
The banks capital and surplus now
amounts to S1,677. 310.S6 and its total as
sets TO $3.50, 502.ss.
TIL stockholders reelected the follow
ing officers for the ensuing year:
John b.. Purcell. president; John NJ.
Miller, Jr., vice-president and cashier;
Charles r. Burnett. assistant asher: j.
G. Jopling. assistant cashier.
Directors-T. M. Darlington. S. Dabney
crenshaw, A. II, Christian. Jr, Charles
Davenport, D.. O. Davis, G. a. Daven&
port, John G. Easley. John M. Miller,
Jr,, j, Il. Moshy, John r. Purcell, T. M
Rutherford, r. A., Saunders, Jr., f. Sit
terding, l. slern, A. d Williams,
American National Bank.
The American National Bank heId lie
meeting in their building, Tenth and
Main Streets. All the reports OF the
officers were encouraging, showing the
business of the bank to have Increased
along all lines during the past year,
The following officers were eIec9F,
Oliver j. Sands. president. Charles D.
Ningo, vtce-president; o. y. Hin, cash
Ter: Waller Holiday, assistant cashier.
Andrew Moreland, assistant cashier,
William C.. Camp, vice-president and
manager OF the savings department.
Directors-William C. Camp, William
Payne. Oliver J. sanda Emmett Ssa,