Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1908-12-01
Paris Trust Co. will Open Dec. lst.
THE NEW BANK TO BEGIN BUSINESS ON
TUESDAY OF THIS WEEK.

The Paris Trust Co. will open fol
business at South Paris on Tuesday,
Dec. 1st. The readers Of the Democrat
have been kept informed Of the progress
of this, the first commercial bank in the
town Of Paris, but general summary OF
the facts Is herewith given.
A specialize of the legislature of 1907
authorized the organization of the Paris
Trust Company, to do general banking
business, with capital Of $4,000. In
the spring of 1908 the securing of sub
scriptions to the stock of the company
was begun, and the full amount of stock
having been subscribed, the company
was organized on the goth Of July, 1908.
The officers are as follows:
President-Geo. r. Morton.
Vice President-John B. Robinson.
Treasurer-George c. Fernald.
Secretary-Alton G. Wheeler.
The board of directors of the bank Is
composed of the following men: Geo.
r. Morton, William j. Wheeler, George
NJ. Atwood, N. Dayton Bolster, Alton c..
Wheeler, Lewis c. Bates, Sumner E.
Newell, John B. Robinson, George w.
Cole, Jr., Frank A. Shurtleff, William
P. Potter, WinfieldS. Starbird, George
Burnham, Jr., Frederick A. Heidner.
The executive committee Is Geo. r.
Morton, William j. Wheeler, George N.
Atwood, N. Dayton Bolster, Alton c.
Wheeler, Frank A. Shurtleff, and Win
field S. Starbird. All but three of these
directors are we'll known business men
of Paris. John B. Robinson of Oxford,
head of the Robinson Manufacturing
Co., is almost as we'll known in Paris as
in Oxford, as is George Burnham, Jr.,
head of the Burnham & Morrill, Co.,
who, although he is reckoned as Of Port
land, has done business In Paris for
many years. William P. Potter is a JUS
tice of the Supreme Court of Pennsyl-
vania, and a summer resident of Paris
Hill.
George C. Fernald, the treasurer, is
young man who has had number OF
years. experience in banking business,
having been for some years before COM
ing here teller in the Mercantile Trust
Co. of Portland.
The bank has a frst-class equipment
for business. Early in the work of or
ganization lease of the room on the
east side of Pythian Block, which had
been occupied as store since the erec-
ton of the building, was secured, and
the concrete work of the vault was be-
gun Immediately after the actual organ
ization of the Trust Company. The
vault was built by the Mosler Safe Co.,
and is unquestionably fire-proof and
burglar-proof. 1t is between seven and
eight feet square in inside dimensions.
Inside its heavy double doors, the outer
one of which closes with time lock, the
space is divided by grated door into
two compartments, the inner one of
which is for the use of the bank. In
the other compartment are fifty safe
deposit boxes for rent. These are so
made that the customer carries one key
and the treasurer of the bank another,
and box can not be opened except by
the use of both keys.
In the basement below is fire-proof
vault of the same size for the preserva-
ton of books, papers, records, etc.
The public room and the treasurer's
quarters are in front of the vault. Along
side the vault are two booths for the
use of customers, and in the rear of the
vault is the directors room, supplied
with table and chairs.
The counters and all the furniture,
tables, desks and chairs, are of quartered
oak in antique finish, and the wainscot-
ing of the rooms is in the same wood and
finish. The walls above the wainscot-
ing are tinted green, and the steel cell
ing is white with tinted. border and
some of the figures picked out in gold.
State Bank Examiner William b.
Shelton of Lewiston was at South Paris
Wednesday and made a full examination
of the bank. He found everything salts
factory, and has duly certified the
bank, thus giving it full power to engage
in business.
As above stated, the bank will open
for business Tuesday, Dec. l. For the
present the banking hours will be 9 to
l2:l5. and / is to 8 o'clock.