The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-29
VIRGINIA TRUST CO.
c HANGES HON {
Now on Ground Floor of Big
Skyscraper-Some Facts About
the Companys Business.

The Virginia Trust Company yester-
day went into their new quarters in
The Travellers Insurance Company
Building. on East Main Street, and
most magnificent and well equipped
quarters they are. Tho removal from
the old stand the company has held
tor very many years at the corner OF
Tenth and Main Streets. marks an
epoch in the history of the company.
The Virginia Trust Company liz
rather unique institution In a bank
iilS and security way. unique. certain
~ so far the territory of Vir-
sinia and North Carolina Is concern
ed, the territory which is covers and
10 Which II caters. The business of
the company is to receive and invest
deposits and savings OF the people and
OF see to II that the dcposltors get
good interest for the sums they de-
posit The company does not do and
does not attempt TO do a regular bank
ing business. receiving indiscriminate
accounts here. there and every
where. always subject to cash check.
nut II does seek FOR long time de-
osits. tof hduciIry funds and tor a.
kinds OF funds that are Liable 10 re-
main quiet for while. and during that
while the company pays per cent. in
terest on all deposits the same be-
ing payable quarterly or monthly or
In any way that depos!tors may de-
mand.
The trust company. which does a
general depository and savings bank
business. does not confine itself to Just
this way OF doing things. 1t makes
a speciality of caring for fduciary and
other trust funds, and liz always in
position TO care for such funds. and
at the same time to pay the aduciary
agent a handsome interest on the
FUNDS ne or she may leave In the
cornpanny's hands, or rather In the
banks OF deposit of the company.
Furthermore. the company with
ample security to offer for the safe
guarding of funds acts as Hduciary
agent, as executor, a guardian or as
trustee under Wills. Thus matters
pertaining to Wills and the distribu-
uon OF estates and funds under Wills
arc greatly sipplified and the cost re-
cuced. The company has made such :.
hne reputation along these lines that
people having something TO leave to
their heirs, and wishing the same 10
be properly handled. and yet having
put short while In which to make
Will nave left the whole matter In
the hands OF this unique agency on
snort notice, and in every case the fidu-
ciary fund thus irregulariy left has
panned out well.
hotlce. and as result the company
is now handling very large endow-
ment funds. among others several that
are Tor the benent OF the University OF
virginia and other State institutions.
Inc company pays per cent on
all personal and hduciary and trust
accounts, The growth OF the business
of me company within the past few
Vears have been wonderful In the
Two years past the deposits have
crown from Sl2300O to sl3O00OO
The officers OF the Virginia Trust
Z COMPANY are Herbert W. jackson
president: james y. Boyd, vice-presi
dent: John NJ Miller, Jr.. vice.presi.
uent: l. u. Aylett secretary; John II
HouthaH. treasurer.
Herbert W, jackson. the nras,a.
OF the company and the general maze
ger OF It's business yesterday und.r.
TOOK TO tell me much OF the de,ail ~
me business. but headed him off ON
stherhl propositions. In the first nlaca
the strength Of any banning or other
business institution is regulated BY tho
ihuiN'auai strength and the business
capacity OF the Individual units tbat
go 10 make up the company In ,h,s
, case the following list of fnanciers Is
sutilciGnt guarantee o! lie so,idt,y
OF the 'irsnia Trust Company:
T. B addison, vice president vIr-
Carolina Chemical Company al
rector National State and civ R,nt
director National Bank of Vircinia
lanes ~ Boyd. president Planters M
tional Bank president James \ Roro
20, Inc tobacco, vice president VII
sinia Trust Company; Jonathan Brva,
manager Joseph Bryan estate. d,rec'
ior Bank Commerce and TRUSTS rao,
estate J. Elwood Cox, High Poir,
- ptes'uehl commercial National
aHh' president Globe Home Furniture
or pahy' director Greensboro Loan
ana trust Company; w. S Forbes w
oroes d Co. meat packers. presi-
dent Edna Cotton Mills, director Rich.
mond Guano Company: Ashley uSrnat
clayton, N. c.. president Clayton Rank
ing Company, president Dixie Fire In
snrance Company. president Clavto,
cotton Mills; Herbert w. Jackson
president of the company; John NJ
Miller Jr, vice president and cashier
first National Bank, director sou,h
-ttianuc Life Insurance COMPANY. vic
president Virginia Trust Com,,,nv.
William A. Moncure. Smith. Moncure
Gordon, attorneys at law. director
Champer or Commerce; j. j. Montague
Vlce-president Planters National PAM
director Lyon Montague Co: r.
motifs, Freshman. Morris G. Co. whole
SAFE SHOES, president Savings Bank ne
Richmond, director Virginia State In
surance Company: Junius r. Moshy
president j. b. Mosby g. Co. Inc DIV
goods. director American Nat,ona1
Bank: Samuel T. Morgan, nresident
virginia Carolina Chemical COMPANY
director Merchants National Bank al
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