The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1909-01-22
fine SENTIMENT,
GOOD BUSINESS
Is Found in j. T. Thomas
Splendid Report to Stock
holders Grenada Bank

earnings OF your bank for past year TO
be twenty and one half per cent, Ga
decrease as compared with last year.
OF one and one half per cent? out OF
which a S~emi-annual dividend OF six
per cent has been declared.
Your Cashier very aptly gives aD-
parent good reasons for decrease or
deficiency. by comparison, in your
earnings, by showing that, under the
wise and prudent direction OF your
able Executive Committee, your av-
erage loans decreased, in the parent
bank alone more than ninety th0uS-
and dollars. Again, your Cashier calls
attention to the enormous amount of
money now carried on deposit with US
at interest, whereas FIVE years back
no interest was paid. Your loans are
live, active and, in my opinion, per-
fectly solvent with but one exception.
The expense Of management keeps
apace with the times and seem to be
q constant menace To a material or
substantial increase in earnings yet
our business was never on a more SnD-
Stantial basis, SINCE people, in every
part Of our territory, ere beginning
to recognize and appreciate the facil'
tiles given, the extraordinary security
our large capital offers depoSitors as
we'll as our unlimited ability to extend
accommodations In the way Of loans.
Your deposits are larger today than
ever before, Since our last meeting
competitive banks have been put in
operation at Charleston, Eupora and
Alderman, and a third bank eStab-
liShed here. Notwithstanding this
our volume OF buyineSs holds we'll up
to if not better than in past years.
Our deposits at this bank showing an
increase of more than forty thousand
dollars as compared with same date
last year.
again call your attention to the
very great necessity of our stock
holders continuing in their efforts to
bring business to us and do insist that
greater support, in this direction, be
given our Managers at points OF COM
petition. [ beg to call your atten-
tiOn to the very superior advantages
Our banks offer to customers and
communities: all who have taken the
pains to compare Jul services and eff
cheney, with similar institutions,
must admit that u system is SUI
perlOr in every way. I therefore. feel
that we should receive your COM
plete and unqualified support and in
f1uence. | think that our ardent eff
forts, to give the best service to pat
rOnS. as well as the communities in
which we have banks located should
warrant the business of such good
citizens as can conveniently %patrOnize
us.
Our Bank has ever stood for prog
resS. the good Of state, the good of
community, the welfare Of individ-
ualS, FIRST, and earnings, which
means dividends to shareholders, last.
Our shareholders approve of this
course, in fact have set the pace, and
this in itself, should induce such pro
greSSive and up to date citizens who
can, to favor US with their patronage
and influence.
No we'll organized deserving bust
ness of today can afford to live to-
itself, or alone for the benefit of it's
share holderS-we who direct it's af-
fairs and continually strive to reach |
the goal of complete success, must
have regard for others, a desire to
benefit humanity as we'll as to thrive: |
nay, we are bound to realize, appre-
cIate and recognize the brotherhood !
of man, just as much SO as we observe
the correct principles Of business and
business system. Upon this princi-
pie have We endeavored to build and
maintain the greatest financial insti-
tuition OF our state, and l ask-have
we not succeeded?
Gentlemen:-I SO much wish that
you would catch the enthusiasm and
experience the feelings and desire
comes to me at this moment,
TO make this an institution for good
for the betterment of humanity, as
we'll as to earn dividends for share
holders. Let us strive to do both
which means a step forward in pro-
gress, in civilization, thereby blazing
a path in which others, who seeing
our good works, will be proud to fol-
low.
Friends. it is not all of life to make
money any more than it is "all of
death to die"-Seriously ponder the
question and learn that man shall
not live by bread alone'' and let our
great financial success lead us gently.
yet surely, to life's brightest hope
and mandoooS greatest ~realization:
and successful business
coupled with purest and truest love of
our fellOwman.
Grenada, Miss. Jan. IL. 1909.