The leader-enterprise. [volume] (Fitzgerald, Ga.) 1912-1915, 1913-01-15
Extract from Minutes of Annual Meetingl

our perm1 on to assemble in another annua
meeting, and give this expression OF our
thankfulness and of our pleasure in greeting
you here.
We take it that, by your presence, you
are mani ting a lively interest," in the at
! fairs Of your inst tut on. We presume, also
that those few not present are willing to
abide the result Of your to-days de11bera-
t1ons, and that they have proVddential causes
for not joining in the same. XII az.
Last year We, the i've officers. i1fA
charge, fe11c1tated and congra tulat ed gu
selves upon being the servants Of such AIR.
array of strong business people as your
selves, and rel ced all along the the
strong financial backing you placed behind
u.s. and oversthe high public favor in which
lyou held among the patrons Of this in
st tut1o and the general public, showing
your willingness at all times to aid by
whatever cooperation lay within your power
Tt is the same to-day, because Of the good
fact that all Of our shar eholders appear to
have been perfectly satisfied with their
holdings in this institut on, and therefore,
have not parted with the same, giving US to-
day the strong line up Of shareholders
that joyed year ago. Therefore, there
lis an earne tness in appreciation Of all
Iof our business surroundings, and the uni
form friendship, which seems to 1nter-ltnk
our Shareholders, directors and Officers
together.
The year 1912 the most prosperous
land remunerat1ve in the history Of THE EX-
CHANGE NATIONAL BANK. It good fortune
to win new accounts until our volume Of de-
posits, at divers times, approached very
lclose1y the Half Million Dollar Mark. This
growth in patronage conv1nces the Officers
Inside that the strict superv1 81 on the
part Of your expert enced directors doing all
lw1 thin their good judgement that could wise
lly have been done to prove to the public
THAT there was we'll determined and in
1tors and that the policy Of this 1nstttu-
ton should be, not to pile up tremendous
profits, thereby imposing heavier rates upon
the public, but rather to be liberal with its
Iservfcee, giving patrons an opportunity
Ito profit by dealing with US, has caused many
people to prefer
Since last we met, Surplus (whi Oh is
but Voluntary prot ect1on fund for deposit
tors) has reached One Hundred Thousand Dol
lars, equal in amount to paid In Capital
Stock. This gave this Inst tuition in LAST
July the di st inc ion of ent er1ng upon what y
known throughout the Union National
Bank Honor Roll. There are but few Of these
HONOR ROLL BANKS in the State Of Georgia, and
fitzgerald is the youngest city to enlist.
We have pleasure in certifying to you that
we had very Strong co-cperat on and wise d.
rect1on from your directors in 1919, who, as
they become more experienced from year to
year in directing the affairs Of this 1ust1-
ut1on, show signs Of the application and
use Of that accumula ted experience, in that
they make their examina ions and supervi-
Isions more tohrough from time to time during
the term Of their service; SO that your inst1-
tuition now has its very mud sil1s and foun-
ldati on timbers firmly placed, and the insti-
TUT ion, we feel, is now one Of the most firm
|ly rooted and strongest banks to be found
IanyWhere.
With this preparation laid, we see no
treas on why THE EXCHANGE MATT ONAL should not
be alb
ling, to render you a report equally as good
las this, and if our wishes and our ambi t1on
laval the report will be better still.
respectfully,