The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-03

presidents, and w. H. Guerrant. seerc-
tary and treaHprer.
Other manufacturing establishments
that help to make Danville great arc
the BoatwrIght Furniture Company. thu
Noell Anderson Company. the Danyiils
Lumber Company, the N. A. & r. j.
Fitzgerald Brick and Tile Company,
and quite number OF other manufac-
turing establishments, Of greater or less
Importance.
NNholcsnling ana JobbinE.
In the meantime the whoiesaling and
jobbing houses have been doing a splen.
did share in helping Danville on to
greatness. The wholesale hardware
estab1ishment of the Piedmont Hard
ware Company covers large territory
with their travelling salesmen,, and since
the day OF the opening of their first
stock they have done a good business,
extending over several States. TfYey
have erected convenient to the depots,
where they enjoy splendid shipping fa-
cilities. q mammoth warehouse and
store. which Is one OF the handsomcst
business houses In tho city. The on
PRESIDENT; A. w. Traylor, vice-presi-
dent and Spencer James, secretary and
treasurer. 10y
The Wholesale grocers also travel
many men. The leader in this line Is
| Swanson Brothers s. Company. who
also operate the Swanson Supply COM
pany. the latter concern being extern
sive dealers in fertilizers. These firms
are large stockholders In the W. T..
| Clements Lumber Company. which haa
Immense mills at Cheraw. in South
Carolina. and have general offices in
/ Greensboro, N. c. Tho Danville Office
| is with Swanson Brothers & Company
This firm owns 50O,00O.o00 feet Of
| standing timber In the States OF vir-
ginia. North Carolina, South Carolina
and Georgia, and much OF the same Isl
| for sale.
Financially Dnnvillc Is Strong.
Thus 1t may be seen that Danvil1e
does not stand on one leg, and while
| tobacco Is It's first love, and while 1t is
| yet its greatest single industry, other
industries and enterprises have assem-
bled around the weed, and altogether
| they have made 1t one OF the livest
commercial cities in the South.
| It goes without saying that con-
siderable banking strength and force,
are required to handle all of this
varied business. Danville has them
Its seven prosperous banks are among
the strongest and best managed in
sets OF about s4oOo,ooo, and their
total capital stock is about 100000.
The Oldest financial, institution In
the city Is Johnston & Cheeks a pri-
vate bank. OF which Mr.. Charles Hol-
land is the president. This bank was
established as a national bank soon
after the War Between the States.s by
Johnston & Ficklen. They later made
| 1t private bank. and after the death
| of Mr.. Ficklen Mr.. w. f. Cheek bought
his interest. Messrs. Johnston &
Cheek have both passed over the river,
and they We're succeeded by Mr.. Hol-
land. who had been already admitted
| as 4 partner. It has always been con-
Iducted along. the conservative and safe
lines that were originally drawn by It's
founders, and there is probably no bank
In the State that has done more to
help the business interest Of It's town
along than this one.
Richmond Money Interested.
4 The First National Bank came into
existence in 1872 as the Planters Ma
ticnal Bank, and good deal of Rich.
mond money went into it's first capt.
talization at 100000. The late John
B. Davis, of Richmond, was its first
president. and his son. John c. Davis.
was the first cashier. Among the Rich
monders who We're large stockholders
1 were Walter K. Martin, E.. D. Chris
; tan and Mr.. Davis.
!. In 1899 the name was changed to