The Barre daily times. (Barre, Vt.) 1897-1959, 1910-09-12
NATIONAL BANK MOVES
INTO NEW QUARTERS
Bane's Oldest Financial Institution,
After 81 Years in One Place, Occupies
Handsome New Banking Rooms
in Rowland Block

in Rowland Block.
After being in the same quarters for
thirty-seyen years, the offices Of the Ma
tional Bank Of Barre were moved Satur-
day into new quarters in the south cor.
ner Of the Rowland Bros. q Cave block
on Main street and opened up for bust.
ness this morning in quarters which
equal, and IN some respects surpass, the
best banking ofieee in the state. The
National Bank Of Barre was the FIRST
financial institution established in Barre,
the date Of its charter being January II,
1913, and began doing business in July
q tnat year in the old brick building at
The corner Of North Main, Elm and
Washington streets, and il continued
there until its removal Saturday The
old building IN which It did business
fof 50 long was erected IN 1909. and is a
landmark Of Barre, soon 10 be razed TO
make way for a modern business block.
% be erected by the Aldrieh library
trustees
AT this time Il Il interesting to recall
something Of the early history and start
Of the old National j. w Bartnolo.
new Of Washington was large owner
cf the capital stock Of the Orange Coun-
" National hank Of Chelsea. and IN the
year Of 1872 he became desirOus Of OBJ.
tanning possession Of a majority Of the
stock. SO as 70 be able to get eon.
trolling interest. and worked with that
end ia view, for the purpose Of enabling
him TO close up the Affairs and move the
bank 20 Barre. Before ho had accom-
plished his purpose, he died. Tie work
did not cease here. a. DR.. Norman w
haley continued IN the same line and
succeeded in winding up the affairs Of
the Orange County National bank and
consolidating the same with the National
Bank Of Barre. Although the cnarter
of the National Bank OF Barre Is dated
January II, 1873, the new hank did not
begin doing business until July of that
year The first board OF directors was;
Dr.. \. W. Braiey president; l.. +. AL
drich. r. y. French, 4. M. Martin and
George w Tilden. William @. Austin
vas the Est cashier and at bis decease
was succeeded in 1874 by Charles A.
King, To-day there is no man more
prominently connected with the bank
than Frank e. Howland, rs president,
who has been associated with it for a
position as teller in the bank IN Feb
uary, 1885, and on January L, 1851, was
elected cashier % succeed G. NJ spencer,
resigned Mr. lIowland retained the of.
ice Of cashier until two years ago last
january. when lie was elected president (
The present officers and directors are:
IL G. Iiowland president: Ben A. East. |
man. vice president: Tpos. II CaVe. III. /
eashieri A. +. Abbott and N. Il. How
land.
The banl's new quartnrs IN the How
land block are equipped with every mod /
eIn convenience 10 Be found ii any up-
fo.date banking house. The rooms are /
finished IN natural oak The ceiling Is
relieved with hcam work built ia large I
squares. with electric lamps at the cor I
ners Of the squares. The floor is oi +
mosaics just inside tie entrance door
70 the right is a public consultation
room for che cashier. and back Of this
i the cashiers private Office, There ere
FIVE windows for the nse Of the public in
tie transaction Of business, aud two
desks IN the corridor for patrons use.
In the rear Is large directors room.
nicely furnished. At the left Of the
to the directors room ARE
booths TO beeused as coupon and payroll
rooms. The vault. tile most important
Of a hank, is without qtts-
tion unequalled in the state Il Is built
up from The basement, with a large
storage vault ft by IA ft IN the base
ment. Upstairs the vault is fl. square
the walls being is incncs thick. An
cutter wall - inches thick Of brick, then
4 dead-air space of two inches and then
NJ inner wall four inches thick Tile
huge steel door to the vault, including
The casing, weighs twelve and half
IONS. It is ten incnes thick. of solid
steel. and its lock is three-moyement
Yale time lock. which releases q bolts
inside tho vault X lined with steel
,lates one-half inch thick, and two ether !
ayers each half an inch III thickness. all
II different tempefs, precluding any pos-
ihility Of anything WITHIN the vault be-
ng damaged BY fire. As additional se-
nritY. there is a safe weighing seven ,
ons inside the vault, in which arc cash
md deposit boxes private telephone
ystem IS being installed in the bank
which excels anything il the city for i
and quick communication
The system is known as tne private
ranch exchange, and provides for three i
tations, which will be connected with I
NO trunk lines. Communication can
ie bad &c once by manipulation Of the H
witches with any Of the officers and -
Jerks in the bank, and does not inter- /
ere with long-distance and other calls {
While conversation IL being held. Z
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SET APART AS DEACONEsS,