The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-12-01

naNent f1edQ OF the l0SeltutiCH-
With al stock allotted TO Richmond
fully subscribed. the Old Dominion
Trus; Company. the largest financial
organization Of its kind south Of Balu-
more, will shortly open It's doors. The
charter was issued yesterday, and an
nffcial announcement OF the plans au-
thorized By President William 81 Han
isston- There WILL be capital STOCK OF
100000. and a surplus OF si.eoo.oo0-
The formal organization VIII take
place at q meeting OF the STOCKHOLDERS
TO De held next ThGrsday- Tho Initial
ofhcers will be ". 81. Habllston. presi-
dent: NJ G. Branch. vice president. T.
A Saunders, Jr, treasurer. and iona
than Bryan, secretary. The new or
eanization has purchased the Hane-
vlnckel Building, now the temporary
home OF the First National Bank. and
will have It's ofices in the main bank
ing room when the First National
moves TO its new home in the sky
scraper II has erected on tho opposite
corner.
The Board of Directors.
The following viii compose the
board of directors OF the new Old
Dominion Trust Company:
A. Caperton Braxton. of the law
Arm OF Braxton & Eggieston. and
xeuera counsel for the r. F. and p.
AsiiroAd-
Jonathan Bryan. director Bank Of
Commerce aad Trusts, director The
Times Dispatch Company.
H. c. Branch Of Thomas Branch 81
Com pany. director Merchants National
Bank.
w. Meade Addison cashier first Ma
tlonal Bank, director Virginia state
Insurance Company. director Chamber
of Commerce
John Garland Pollard. attorney at
law.
Colonel John 3 Purcell. president
First National Bank.
w s. Phozds, vice-president Miller
4 Rhoads. ire, and the largest de-
pzrtneat store in the South
william 7. Reed. vice-presiden,
Chamber Of Commerce. president The
Larus & Bro. Company, tobacco maui
lecturers
John G. Walker, president Life In
surence Company of Virginia, vice
PRESIDENT Broad Street Bank
william Il White. president r., r.
A. p. Railroad, director Merchants Ma
tionaI Bank
Frank D. williams. o: 2. D Williams
4 Company. tobacco manufacturers
l. A Saunders, Jr., capitalist, presi-
Dent Z. A. Saunders Sons Company.
Henry r Carse. -ice-prssident Han
over National Bank. New York
f. b. Adams. member OF firm OF
Potter, Choate & Prentice. bankers and
brokers OF New York.
Richard L. Morris. member OF firm
oil kean. Taylor & Company. bankers
and brokers. New York.
Henry l. schmeItz preside Mt
schmeltx Bros, bankers. Newport News.
Va
L. T. Lamb. director Norfolk Ma
tionai Bank, manager for the receiv-
srs OF the A b. and ~ Railroad. At
i4nts-
james II. DooIey. capitalist. director
{. aud o. Railway Company
W. NJ Habliston. chairman board
FIRST National Bank.
Fergus Reid. capitalist. cotton
broker, director Atlantic Life Iusur-
ance Company. Seaboard Air Line Rail
way Company. Virginia Railway and
Power COMPANY
Experienced bankers.
All Of The officers and directors are
experienced banking men. and arc
connected with large financial .nsif-
tu;ions. The president OF the ness
trust company. NF- EIsbliston. was
president Of the National Bank Of Viz
Klnis I'D to the time % the cousoiida-
tsor Of that Institution with tho First
National Bank. and has since ths;
time been chairman Of the board II
directors OF the combined institutions
The ofdces OF vice president. secretary
aad treasurer have been accepted by
three Of the directors a. temporary
arrangement until permanent orgsni-
sstioa f. effected
President Hs5iistcn stated yeSterds '
that the preliminary plans for orgsui-
sar,on contemplated placing oue-hfth
of the stock IN Ne~ York City, which
qzota has been fully subscribed and
placed smons what are considered tho
strongest and most conservative In
tsrests in New York. The presidents
81 three Of the large financial iEsti-
buttons. each Of which represents as
sets OF more than tI0e.o00.C0e. are
personally Interested. besides other
very strorr banking Interests.
HfchmonS efock Over-Dhscrfscs-
Three-nfth Of the stock vss allotted
a. Richmond. and IL has not only ell
beer subscribed. bUt applications IN
excess Of the allotment amount % be
tween s<co.o and ss0e.o00 Part 81
the allotment 20 the south has been
placed. While applications fl hand
have been made for considerably more
Than the entire ss.6oo. 900 - capital
snd surpius with which 10 is proposed
20 begin busin~ss the management has
reserved tIoe.ecs % the capital stock