Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1911-10-04
WHAT CONSTITUTES
A Sound, Safe, Strong
Savings Bank:

1St. Inc principles governing It's
management should all conform to
the principles governing the manage
ment of successful banks.
End. The directors must direct.
3rd They must have sufficient pc
cuniary interest in the institution to
prompt them to be careful and pains
taking in the examination of every
loan offered.
4th. They must not be Indifferent,
inert or slothful. A good banker has
said that che would not give picay.
une 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 tire
less and sleepless whenever its inter-
ests are In jeopardy.
5th. The managers of the Bank
must not be spectators. Many
fairly pood 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 mar
gins steals the money from his
bank. He does not call it 'stealing"
| he simply borrows it and is going to
pay it back tomorrow 80 but quite
often tomorrow 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 outlined?" We
reply, "Certainly the great majority
of Vermont banks do" The Hyde
! Park Savings Bank fills the bill in
every one Of the above particulars.
| The person who cOntemplates plac-
! ing his or her hard earned savings in
the bank should adopt this motto:
'Tha safest bank is none too safe and
! the h est bank is none too good for
me-"
Acting upon this motto the first
inquiry is "How careful, how pains
taxing, how conservative in making
it's investments and loans has been
the bank where | contemplate placing
my funds?" for this is the highest
possible test to which a banks man
agement can be subjected. Meas
ured 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 it's entire
existence it has never lost a dollar
by poor note.
Results are what tell the story.
"a pound of fact is worth a ton of
theory" The best evidence that a
hank will pursue the safest possible
course in banking is the fact that it
has done it.
That the dapositing 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 de-
posits have averaged to exceed the
Withdrawals by more than 5000 for
every business day. It's deposits ex-
ceeded it's Withdrawals last month by
$34, 954.57.
1t pays per cent and compounds
the interest semi-annually, pays al
the taxes, and, best of all, it earnest.
" courts careful examination of its
assets and business management by
every deposition by everybody
interested to personally know the
bottom facts.
Deposits made by mail are shown tC
be perfectly safe by the fact that in
it's entire existence not single dol.
lar has ever been lost in transmission
to this bank through the mails. The
proper way is to send by Registered
t Letter, Postal Money Order, Express
Money Order, or by Check. Receipt
will be returned the day following its
arrival at Bank. News and Citizen.