The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1912-01-31


those of moderate means,-the CAPT
talist and the farmer,-the admins
| traitor or executor of an estate,-or
the guardian of children. Every lit
tie while we read in a financial pub
/ LEGATION, or on the financial page of
our daily paper, of this or that propo-
/ sition which is considered by so
and-so" as a safe investment. Then
we catch glimpses Of advertisements
furthering this or that scheme which
/ is purported to be sound invest
ment. But when We simmer it all
down and consider the question from
/ all sides, we are forced to the con-
clusion that there is nothing safer
than our own state Savings Banks
for the average person when seeking
depository for his or her savings
Bank Inspector f. G. Williams, OF
Newport, in his report dated June 30,
/ 1911, says, Money is as safe today in
the Vermont state banks as il can be
in any known class of investment
and the net income to depositors is
more then they can receive upon any
class of investments where the secur-
ity is as good
But even in choosing a Savings
bank in which to leave our money
there should be the feeling that "The
best is none too good for me-" And
with this in mind, the old Marble
Savings bank OF Rutland commands
our attention This institution has
passed unscathed through the financi-
al panics OF the last quarter century,
and in all the years of its business
experience 1t has held a leading po-
sition in the ranks OF our strong state
savings institutions.
This may be attributed TO a num-
Der of causes First and above all
an institution with such record
must be backed by a strong manage
ment.-Judiclous men must be at the
helm directing its course.-Diligent
and pains taking care must be the
} underlying principle in every transac-
ton. This is true In the case OF this
savings bank Since its incorpora-
ton the trustees have held fast to the
, policy laid down by our State legis-
. lators.-namely that the safest asset
a savings bank can have is first
/ mortgage on a farm, or real estate.
The bulk OF the Marble Savings
p banks money is invested in just
such security and Il has proven the
} safety and practicablity OF the above
/ idea. In the more than quarter OF
, a century OF the banks existence II
I has never lost a dollar on a farm
' mortgage note.
j. Besides its conservative manage
s ment at the hands OF Directors who
b direct" The Marble Savings bank
r carries a reserve or surplus fund OF
Z over one hundred thousand dollars
q As the bank is a mutual organization
b this large sum In reality belongs 70
!. the depositors but is held as a fur
$ Their protection TO their interests II
a can be said. too. that the surplus has
not been paid in" but has been earn
r. ed. "a surplus earned Is evidence
p Of things accomplished, while a sur
Il plus paid in Is evidence OF things
n hoped for" Each year, after payinl
a current expenses, interest 10 deposi
g tors, and the state taxes certain
A. portion of the profits is carried e
the surplus fund For instance las
q year over six thousand dollars, from
h the banks net earnings was added
a- ,o this account And after this wa'
a. done there still remained net profits
s. of over ten thousand dollars TO b'
l. added to Profit and Loss TO be draw
y upon in payment OF expenses, taxes
etc, for the year 1912.
1t And, as a banks increase In dc
L. cad a.
m attic OF its soundness and strength
y the fact is significant that In the pas
r. four years this bank has gone iron
Ie the ninth position In size among th
m twenty.one savings banks of the stat
ID to the fifth. Its books show that 70
pr the week just ended. January =
Ut 1912, the deposits exceeded the viii
II drawals by over eleven thousand do
IN lars.
m Then. too. the confidence placed i
the institution Is more than stat
IN wide. 4 glance at COMMISSIONS
% Williams report will show that owe
is three hundred Of It's depositors ar
TO residents outside the state with Il
ne tai deposits OF over one hundre
thousand dollars
ny Surely these are strong facts an
ng are worth due consideration on I'll
ed part Of anyone with money to inye'
lt In safe investment
as The Marble Savings bank pays
es per cent interest, compounded
es January and July. All dividends M
he withdrawn go ON interest as a depo
ul' Il. Money received on or before u
as hfth OF February draw interest fro
de the FIRST. and deposits made att
Is that date 10 on interest the FIRST
VI March.
Is When mailed. deposits should
m. I'm the form OF personal check, bar
nd draft. postal or express money orde
Tic and the book will be returned imme
er' lately showing proper entry.
to II further information is desire
i'm a letter addressed to John n. Woo
fin. president. or TO fvor s. MacFe
lily lane. Treasurer. Rutland. Vernon
lrs will receive a prompt and oourteo
u reply.-Rutland Herald.