The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-06-09
.NOLT|NG CHOSEN
v|CE-PRES|OENT
Bank Of Richmond Officer Goes
With First National Insti-
tuition.
PLACE CREATED FOR HIM
Election Result Of Merger Which
is to Become Effective
July /.
PLACE CREATED FOR HIN

Mr.. Fred r. Noting. vice-prcsidenf
OF the Bank Of Richmond, which is
10 be merged with the National Bank
of Virginia. has been elected second
vice. president of the First National
Bank and will enter upon his duties
IA officer of this bank on July !. the
date on which the consolidation oil
the National Bank of Virginia and the
Bank of Richmond In 10 become effec-
tice, according to plans mapped out
Mr., Noting. Il is stated. win be In no
wise connected with the merged In
stitution.
Mr. Noting met at noon Thursday
with a committee or the directorate
OF the Bank of Richmond and for
mally gave notice OF his election 10
the second presidency Of the First
National Bank. which occurred at !
meeting OF the bank wednesday.
New Hank Contemplated.
1t was Mr.. Noltings intention, 1t il
learned. to organize a new bank In
Richmond after the National Bank
Of Virginia. merger went into effect
The First National, however. learned
of these intentions on the part OF
MIR. Noting and induced him TO all.
himself with Ii instead OF branching
out with a new banking enterprise.
Officers of the First National bank
ara, Colonel. John b. Purceli.. presi-
dent. Mr.. John Nj. Miller. Jr.. vice.
president and cashier; MIR. Charles
r. Burnett. assistant cashier; MIR. j.
G. Joplin, assistant cashierffi Mr.. w
r. Shelton. assistant cashier; Mr.
Alexander F. Ryland. assistant
president was created 10 make place
for Mr. Melting
The Bank Of Richmond, 1t IL STAYED
will have about $4,000 assets Il
liquidate when II Is merged with the
National Bank of Virginia and II Is
understood that Mr.. Noting will take
q part OF these assets with him to the
First National.
Prominent in Bank Circles.
Mr.. Noting has been prominently
identified with the banking interest OF
Richmond for "A number OF years, be-
ipg closely associated with Mr.. John
shelton Williams. the present head OF
the Bank of Richmond, who is To be
one OF the two vice. presidents OF tho
National Bank of Virginia, after con-
so,idation goes into effect. The other
vice president of this bank is yet 10
be selected. according To Mr.. w. M
Habiiston, who win head the greater
institution.
III IL Sa1u tUut THe bITK or fSlCn-
mond has not yet determined as 10
what disposition will be made of the
three branch banks operated In Rich
mond under it's control. These banks
under federal banking laws. cannot
be included in the merger of the Bank
of Richmond with the National Bank
of Virginia. It Is thought likely. how
ever. that they will be operated indie
pendently
No Developments to Report.
When seen soon after his return
from business trip North Thursday
morning. President Habiiston of the
National Bank of Virginia. had no de-
velopments to report regarding the
approaching merger. Mr.. Habliston
was very busy and said he was not
altogether sure that he would attend
tho state Bankers Convention which
meets at Old Point Thursday even
ing.
Mr.. w. NJ. Addison. cashier of the
National Bank of Virginia, has al
ready left for Old Point and II Is ex-
pected that practically every bank In
Richmond win be represented at the
convention. MIR. Julien III. Hill, assist
ant cashier OF the State National Bank
has also left for Old Point Most OF
the Richmond delegation will go down
Thursday afternoon.