Newark post., 1910-05-18
TRUST co. BULLETIN

he Newark Trust and Safe De-
post Company gave another proof
OF its progressiyeness this week
by the appearance OF neat four
page bulletin.
The paper is edited entirely by
the Trust Company management
and i'll the first number have given
to the community an idea of what
they are doing and trying to do.
The bulletin places Newark
again i'll the lead, this being the
first bank in the State to publish
its own organ, edited entirely by
the Bank staff.
Several interesting articles APP
pear in the different departments
and a short history of what the in
stituion has done for the town of
Newark. The whole paper shows
that spirit Of progressiveness
which has characterized the man
agement since the bank was
started.
The Directors Of the institution
are men long associated and ac-
quainted with the business world
and are men old enough to exer-
else that caution that is necessary
to the success of bank. vet in
spirit thev have shown themselves
to be men of the present and iu-
ture in their enthusiasm and ener-
gies toward making our town up
to date.
We clip the following from
Delaware's first-bank bulletin is
sued by Newark Trust Co.:
WHO WE ARE.
The Newark Trust and Safe
Deposit Company is one of New
arks most progressive financial
institutions.
1t was organized June 27, 1905,
and commenced business July y,
1905. Since commencing busi-
ness its success has been most
gratifying to its Board of Direc-
tors.
For some time previous to the
organization of the Company. the
need of another financial institu-
ton in Newark was felt by some
OF Our mos progressive and sue
cesstul business men, and this
growing need resulted in the for
milton OF this Company, with a
pald-in capital of S3o.ooo.oo. 1t
was resolved to make this Com
pany Modern Trust Company in
every respect, giving to the pub
lie the most up-to-date and eff
cient banking service possible. 1t
was felt that those who were to
become customers Should bec-esy;s... eyl..y
-.r9lts!. r9it,o 9 = in the profits OF TIE
Company, ans so it was decided
that illrt7est-skoud be paid on, al
deposits. EvefN one opening, an
account. however small. was to
receive interest on the money de-
posted.
10 date our surplus and undi-
vided profits earned amounts to
over SII,ooo. After having paid
back to depositors in interest over
$1,000. We can truthfully say
that we were the first bank in New
ark to pay interest to all deposi-
tors.
Newark is growing; it should
grow, and we are going to do all
we can to make it grow. The
needs of the town and communit,
are developing and its relations
are becoming complicated SO the
machinery of business must keer
pace with them if prosperity is to
exist.
1t has been and always will be
the policy of this company to give
TO the public the best service pos
sible in every way We are pro
gressive-we keep in touch witt
some OF the most progressive an(
successful bankers of this section
OF the country
We find out what they are do
ing, what methods they use for th'
Advancement of their business ant
to promote the best interests o
their patrons. We adopt thes
methods and if possible try to i'm
prove them. The Trust Conpan.
rs necessity to any community
1t is a more flexible institution
than bank. because it has agenc
and trustee powers which Ma
tional, State. and Savings Bank
lack. For this reason it's field c
operation is broader and it appeal
TO that large part OF the publ
whose needs are not met by olhe