Thibodaux commercial journal. (Thibodaux, Lafourche Parish, La.) 191?-1959, 1910-04-20

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New banking corporation organized fol
/ the purpose OF doing business 10 TN:
i town.
IAnother bank will not be too much, and
i there should be room for all to do gooe
I business. q
| Organization not entirely perfected but
stock subscribed and preliminaries be
/ ing attended to-charter being signed.
/ Thibodaux is to have another
banking institution to be known,
dame rumor says, as the Citizens
Bank. Who constitute the direc-
tors is not definitely known as yet,
all preliminaries having been atten-
ded to but no elections having been
held. The capital stock will be
forty thousand dollars and the in
stitution will in all probability have
new modern and commodious
home of it's own, which means an
other three story building for the
town.. Where twill be located has
not been given out.
A third s.banking institution
here will not be too much. While
Ga present institutions are
doing nicely. very much better
than the large majority of state
banks in Louisiana, the operation
of a third oank will not affect
their business to any great
extent. There is room for
another and there is no reason
that all three should not do splen-
didly, the fact is with all these
properly managed and run con-
! servatively the BUSINESS of the
two old institutions could be IN
creased and the new institution
could work up an independent
business of it's own. Towns.
much smaller than we are have
three banks and there is nc
reason that with one more here
that the field should by any
j means be anywhere near over
crowded.
/ As it is to day there are quite
mum Der of people who do their
banking in New Orleans, as
strange as it might seem and as
strong as our local institute ons
are, still it is a fact neverthcle SIS
A new bank will mean employ.
ment for more people in town.
will be another ornamental bull
ding for the town, a monument
of progress for 1910 and an incen
tive to encourage more progres
sive moves if not more banks,
We trust the new institution
will be able to secure some good
location and that it will erect for
itself a modern home, at least
three stories high, that will be a
credit and an orna ment to The
town, as we'll as a source O1
much profit to itself.
DiarrhOea sh ould be cured with
out loss of time and by a medicine
which like Chamberlain's Collie
Cholera and Diarrhoea Remedy
not only cures promptly but pro
duces no unpleasant after effects
1t never fails and is pleasant and
safe to take. Sold by all dealers
The Shriners Convention helC
| in NJ Orleans last week, it is
reforted, brought something
like forty thousand people tt
} that city. The strangers seem te
: have been elated over their re
! ception and New Orleans seems
to have benefited by their stay
The session lasted four days.
The Junior Dramatic Club, com
posed of local boys and girls, vii
represent "The Squires Daugh
) ter, at the Opera House on Sun
day, May 1st.
This drama has been rehearse'
very carefully, good show is 9.
3 pected.
Mr.. Paul p. Delaune, ,connecte,
e with the Lobdell Percy Co. Ltd
e will soon leave for Lockpor
where he will be installed a
y cashier of the new bank recentl.
| esta blished at that place and t.
begin operations there within tn
lnext sixty days. Mr.. Delaune i
: avoung man of sterling quail
el ties, popular among his numel
: Gus friends and highly thought
bv allin the community. Will
c we regret to see him leave u
r we trust his new home will b
t all that he Can desire.
: An initiation of the Knights
Columbus was held at Alexandri
last Sunday in which a class 0
!, something over thirty candidate
! were initiated into that council
, Judge L. P. Caillouet was in after
dance, as we'll as the Grand Knigl
2 of this council.
. DIR. Jas. p. Forte:
d znvr,on