The Birmingham age-herald., 1911-01-11
AMERICAN TRUST BANK WILL
 BUILD ANOTHER SKYSCRAPER|
ANNUAL MEETINGS HELD
 BY BIRMINGHAM BANKS

Nearly all of the Birmingham banks held their annual meetings yesterday and directors and officers were chosen for the ensuring 12 months.
 The stockholders of the First National bank met at noon and reelected the en- tire board and the directors in turn re- elected all of the old officers and also an additional assistant cashier-J K Fleming, who, although a young man, has filled the position of discount clerk for several years. He is one of the best known and most highly esteemed bank men in the city. The officers and di- rectors are as follows:
 w. P. c. Harding. president; J. H. Woodward, vice president: J. H. Barr vice president; Thomas Hopkins, cash fer; F. S. Foster, assistant cashier Thomas Bowron. assistant cashier; J. K. Fleming, assistant cashier; J. E. Ozburn, secretary savings department; J. H. Wetmore, auditor. Directors w. s. Brown, B. F. Moore, Robert Jemi- son. E. M Tutwiler, Erskine Ramsay, w. P. G. Harding, W. M. Hassinger. Walker Percy, J. H. Barr, J. H. Woodward, Will Ham M Walker, John l.. Kaul, Cupep- per Exum, M. V. Joseph, George G. Crawford, A. H. Ford, Dr. George M Morrow, John E. Morriss, w M. Cosby, Robert Jemison, Jr., P. G. Shook, zack L. Nabers, E. l.. Brown.
 On January 8 the First National in- creased its capital stock to S1, 900 and it's surplus fund to $1, 400 GOO, making cap ital and surplus $29O0,o0O This banks deposits are above the $10, GOO, GOO line. Only two banks in the entire south carry such large deposits-the Hibernia and the Whitney National, both of New Orleans
 American Trust and Savings Bank
 At the annual meeting of the stock holders of the American Trust and Saw ings bank held yesterday afternoon in its banking rooms, the following stock holders were named as board of direc- tors for the year 1911: G. B. Mccormack, H. L. Badham, J. W. Mcqueen, w. H. Kettig, George Gordon Crawford, M. w. Bush, Jones G. Moore, Louis " Clark. P. G. Shook, James Bowron, w. J. Dan gaix, Eugene Flies, H. c. Abbott, Walter Moore, A. B. Loveman, J. H. Dean, R. M. Goodall, J. D. Kirkpatrick, H. E. Nc
 
 W. w. Crawford
 The only change in the board of di- rectors was the addition of J. H. Dean of the Birmingham Slag company.
 After the meeting of the stockholders the new board of directors met and elect ed the following officers for the ensuing year: G. B. Mccormack, chairman of the board; w. w. Crawford, president; H. L. Badham, vice president; c. M. William son. cashier E. B. Crawford, assistant cashier W. c. Hamilton, assistant cash fer.
 At the meeting of the board of di- rectors after the election of officers it was unanimously decided by the board of directors to recommend to the stock holders at special meeting to be called for March s that the capital stock be in creased from $2O0,O00 to S50O,0OO by the is surance of 5000 shares of new stock to be sold to stockholders at the price of $150 per share
 The idea of increasing the capital of the bank originated with the finance com mittee, composed of MT. Mccormack, MT. Kettig and MT. Bowron, and it was unan- imously agreed that the increase should be recommended.
 At the stockholders meeting 1882 shares of stock-all but IS shares of the total were represented. and the stockholders have signified their intention of sub scrbing for the new shares.
 The American Trust carries at this time over s, ,000,000 in deposits. The surplus and undivided profits amount now to upwards of s250000. Z that after the capital stock is increase there will be a combined cap ital and .rplus of over s750,00o.
 Preside Crawford was Congratulated on the eellent showing made of p per cent ns earnings the capital stock for tfY year 1910.
 The UAmerican Trust and Savings has enjoYd, it Is stated, the best year in its history and the American spirit and the American enthusiasm were in evidence at yesterdays meeting.
 President Crawford said Our institu- ton not only had in 1910 the best year in its history, but the outlook for this year is very bright indeed. Birmingham