Greene County herald. (Leakesville, Miss.) 1898-current, 1907-10-25
AN ARTICLE IN REVIEW OF
ONE OF OUR MOST POTENTIAL
FACTORS.
IN A BUSINESS WAY.

to give the Bank of Leakesville an
article in review of it's strides twixt
birthdays. Such an article is this
And the provocations for this epito
mize are stronger than at any past
presentation. This is the fourth
year of its existence and Comment
Fourthly in this line
So without further prefacing we
will proceed TO direct attention to
some phases of its growth worthy of
general consideration.
Considering its age and size of
town it's advances are unparelIed in
all the state. 1t stands today as one
of the strongest financial houses in
tits section of Mississippi, barring
the big city institutions, and with
them it is enjoying keen rivalry
for all business tributary TO its en-
viroments. Unquestionably h e
major part OF the banking of Greene
County is run through this money
office. This is not said in disparage-
ment of the other banks in or adiac
ent to the county, for they as are all
the banks of the South are doing a
good business. As has been before
stated in these columns, the marvel
expansion of this Bank has awakened
the admiration of oldtimers in the biz
over the state Its rapid success in
business getting has been due of
course TO its liberal policies and ag-
gresive methods Its well entitled
to the term of conservative but not
~ the foolish extremes of some.
In subStantiatlon of these state
ments let US here insert some figures.
They convey a direct meaning that
mere manipulation of cold words but
Iame!y express. The total resources
OF this bank are 1915, 600. 90. Its
Capital stock is $50, 1000, its surplus
~, 900. Over quar- jer million as
sets sounds pretty big for banking
house located in a town not having
hardly one soul for each thousand
dollars represented (275) In a coun
ty too that's sparsely populated.
young in development and conse-
quently not very wealthy. A county
that has two other banks in it, and
several close by doing some business
from within its boundaries. The Sc
curitieS as we'll as the books of this
Bank were carefully checked and
found satisfactory all through on the
First Tuesday III October this year,
when the stockholders meeting was
held. This checking was painstakin-
glY and critically done, SO we are in
formed by the then Directors. and
who can ind Il more honorable and
trustworthy group of men in Greene
County of that number?
Through good times and hard
times the business operations of this
bank moves slowly and easily along.
There has never been the least whis-
per of sEakiness connected with it,
and its our firm belief, if its career
is continued pitched on the same sure
foundations, will never be.
One thing that has contributed no
little to the enlargement of it's de-
positS during the last several months
is the moving off of considerable a.
mounts by its owners of down timber,
and its conversion into hard coin,
and the placement of this into this
bank S safe vaults.
A reflection of its progress is
shown in the demand for more roomy
quarters which is now being met by
the erection of IL SO, $40 modern two
story brick building, which will have
pressed brick and stone front, with
plate glass, and be equipped with
fire proof vault and burglar proof
safe as is the present equipment. All
officers are bonded and bank and it's
fixtures insured.
Long ere another Anniversary
shall have rolled round it will be
quartered in this nice structure and
eyendespite this expense showa splen-
did earning for the twelve months.
But why draw this article out into
undue lengths. Our readers, or
most of. them are personally acquaint-
ed With the Bank of Leakesvilie and
know what it's courteous dealings
and wonderful prosperity are, so we
will as the fellow said about his letter
Bring this to a close. But like
the long-winded preacher, must have
one more word before we stop, in
the face of the closing remark.
Condition have very much favored
the growth of this bank, but it's the
firm conviction of the writer, that no
better stroke for its developement
was ever made, than when the SER
vices of the present moving spirit
was secured, Nat Owen the Cashier.
To his astute management coupled
with the sagacious advice and coun-
settings of the Directorate has this
institution been so successfully bull
ded.
What we have said in this article
has been from disinterested stand
point. The writer does not own
dollar of stock in this bank SO could
have no direct interest. We merely
out of patriotic pride in showing up
to the world one of the laudable en-
terprises of our town. accede to yield
this space and time upon request and