Middlebury register. (Middlebury, Vt.) 1886-1937, 1911-10-27
What Constitutes A Sound, Safe,
Strong Savings Bank

list. The principles governing its man.
agement should all conform to the prin-
ciples governing the management of
successful banks.
end. The directors must direct.
3rd. They must have sufficient pecu-
mary interest in the institution to prompt
them to be careful and painstaking in
the examination of every loan offered.
4th. They must not be Indifferent,
inert or slothful. A good banker has
said that she would not give picayune
for bank treasurer who did not take
his bank to bed with him." In short,
not only the treasurer but every one in
any way connected with the conduct of
the bank must be tireess and sleepless
whenever its interests are in jeopardy.
5th. The managers of the Bank must
not be spectators. Many a fairly good
man with purposes pure and honest has
been tempted to take a flyer" in the
stock market and when he is "pinched,
to use Wall Street slang-in other words
when the market goes wrong and he is
called upon to "make good his margins
he steals the money from his bank.
He does not call it stealing" he simply
borrows it and is going to pay it back
tomorrow" but quite often "tomor-
row. never comes and the bank official
is disgraced and the bank ruined.
The careful man who thinks of making
a deposit naturally asks 'Are there any
banks which size up to the model above
outined:" We reply "Certainly: the
great majority of Vermont banks do. .
The Hyde Park Savings Bank fills the
! bill in every one of the above particu-
lars.
The person who contemplates placing
his or her hard earned savings in the
bank should adopt this motto: 1.-The
safest bank is none too safe and the best
bank is none too good for me-"
Acting upon this motto the first inquiry
is "How careful, how painstaking, how
conservative in making its investments
and loans has been the bank where | con-
template placing my funds:" for this is
the highest possible test to which a
banks management can be subjected.
Measured by this standard, the Hyde
Park Savings Bank stands at the head
and can truthfully say, what few banks
twenty-five years old anywhere can say,
namely, that during its entire existence
it has never lost dollar by poor note.
Results are what tell the story. "a
pound of fact is worth ton of theory"
The best evidence that bank will pur-
sue the safest possible course in banking
is the fact that it has done it.
That the deposting public have come
to have practically unlimited faith in the
safety of the Hyde Park Savings Bank is
shown by the fact that for the past four
years the deposits have averaged to ex-
coed the Withdrawals by more than 5000
for every business day. Its deposits ex-
ceeded its Withdrawals last month by
1874, 954.57.
1t pays per cent and compounds the
interest semiannually, pays all the taxes
and, best of all, it earnestly courts care.
full examination of its assets and business
management by every depositor-yes, by
everybody interested to personally know
the bottom facts.
De- posits made by mail are shown to be
perfectly safe by the fact that in its en-
tire existence not single dollar has ever
been lost in transmission to this bank
through the mails. The proper way is
to send by Registered Letter, Postal
Money Order, Express Money Order OF
by Check. Receipt will be returned the
day following its arrival at Bank.-News
and Citizen.