The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-11-24
Announcement Made of De-
finite Date for the Re
sumption of Business.
AMOUNT OF
WORK TO BE DONE
To Accomplish This the
Clerical Force Will Work
Night and Day So as to
Have Everything in Shape
by Opening Date-W. Fl.
Milton Returns Today.

The American National bank will
open it's doors and resume business
next Monday. This was officially an
nounced at the conclusion of a meeting
of the new officers and directors held
last night when the matter was dis
cussed in detail and all preliminary
arrangements made for the resump-
ton Of business by the institution.
There is vast amount Of detail
work to be done and the committee
in selecting Monday as the opening day
named date far enough in advance
to insure the completion Of this work
so there would be no ,~,stpOnement or
disappointment. 1t is the first ofhcial
announcement that has come from the
committee in which a date for re-
opening was definitely named.
4 report has been in circulation for
the past several days that the insti-
tuition would be ready 10 resume busi-
ness tomorrow morning. How IL got
into circulation Is not known. as no
official statement had been issued, and
for fear that the public might expect
a reopening on that date the committee
decided last night to fix a definite date
for resuming business and publicly
announce it..
GREAT MASS OF WORK.
There Is a great mass or work to
be accomplished before the American
National can be turned over to the new
officers and directors, and the presence
of the receiver, w. II Milton, is nee
essary when this work Is done Mr..
Milton was called to Mariana as soon
as he returned to the city from New
York, and Is now III Mariana attend
ing the investigation in connection with
the state reform school fire. He Is
chairman Of the board OF trustees and
Is held there unavoIdably He probably
will return tonight and then the work
of getting the bank In shape to be
transferred to the new officers VIII
be taken up and pushed as rapidly
forward so that next Monday morning
| 1T will resume business.
Every piece of paf~r representing
assets Of the bank, must be receipted
for by the officers and turned over TO
the receiver. A description Of each
piece Of paper must be given, and when
| IL is considered the vast amount OF
| business that was done by the bank,
it can be realized what task Is be-
| fore the banks force. The latter will
, be worked night and day I'm order to
finish up this work ana last night the
entire clerical force was engaged until
! a late hour.
Besides this the time certificates Of
| deposit must be made out for every
! one Of the depositors and for each
| depositor there are four certificates.
These will be ready for delivery to tho
depositors on the morning tho bank
| opens.
FEW BANKS REOPEN.
J It was stated at the meeting last
night that the treasury department
statistics showed that Of the 554
national banks which had closed since
the enactment of the national bank
ing laws only 25 of them had reopened.
The American National will be the
twenty-sixth and those who have
worked unceasingly to bring about this
state of Affairs are naturally pleased
that their work is about to bear fruit,
or will on next Monday when the doors
will be opened and the bank again be-
come a scene OF business activits.