Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 191?-19??, 1914-12-10

with j.. X. Bell as its president, the
Fremont Oil Mills under the manage
ment of J.. T. Hooks, president and J.
B. Lane Secretary and Treasurer.
Goldsboro is developing, too, into a
tobacco market. There are gins and
of the best things about these SPLEEN
did enterprises we have, is that they
have been built and operated with
Wayne county money We made the
money and saved it and put it into
these industries that are giving en-
ployment to thousands of our citizens
and bringing wealth into the m
ity.
The men who have done these
things, I regard as constituting a roll
of honor, and as such they should oc-
cupy a place upon the records of the
county. w. F. Kornegay, W. H. I'm
derhill, Street & Hyman, Charles
Dewey, E. B. Borden, Henry We'll,
Solomon We'll, w. H. Smith, w. H.
Borden, F. K. Borden, John L. Borden,
Nathan O'Berry, Geo. G: Royal, M. E.
Robinson, Robert Kornegay, J.. S. Carr
e Sons, A. T. Griffin, A. H. Edgerton,
H. L. Grant, I. F. Ormond, Geo. A.
Norwood, Thomas H. Holmes, J. R.
Bell and J. T. Hooks.
You remember in the opening part
of my address I stated that only about
three hundred thousand feet of lumber
was manufactured in the early days
in all North Carolina. Statistics show
that now we are manufacturing over
a billion fee per year, and in recent
years the lumber companies are de-
vising ways to preserve the timber,
and every time they saw a thousand
feet they try to arrange that the lands's
young growth shall be left intact to
bear a thousand more.
Another class of institutions have
been of vast benefit to this county. I
refer to the banks, and first I mention
the Bank of Wayne. The last state
ment Of the Bank of Wayne, June 80,
1914, showed the bank had
of one million five hundred thousand
dollars; the statement of the National
Bank of Goldsboro, made at the same
time, showed that that bank had re-
sources of five hundred and seventy
five thousand dollars; b Savings
Bank had n hundred and fifty thous-
and; the. Peoples Bank had three hun
dred and fifteen thousand; total in
Go1dsboro two million five hundred and
forty thousand dollars, for
the development of our enterprises, the
cultivation of our fine farms and the
general business of the county. The
Bank of Mount Olive had resources of
two hundred and twenty-one thousand
eight hundred and three dollars. The
Citizens Bank of Mount Olive one
hundred twenty-eight thousand eight
hundred and ~sixty-eight dollars; the
Bank of Fremont two hundred eighty
six thousand one hundred and thirty
nine dollars, making the total banking
resources three million one hundred
seventy-six thousand dollars. These
institutions are managed by men of
character, excellent business qualifi-
cations and experience, and have the
confidence of all classes. The capital
and deposits are made up almost en-
tirely of local money, though some non
residents are stockholders and deposi-
tors.
Some things that have helped con-
ditions are the extension of the tele-
phone, and the rural delivery routes
and the circulation of newspapers,
and these useful agencies have served
to bring our people close together, to
harmonic and unite them.
I do not think | should close this
address without some reference, which
I hope will be ~pardoned, to a gentle
man born in WaynesbOrO, who came
early to G~oldsboro, where his whole
life has been spent, organized the first
banking institution in 1860, as an agency
Of the State Bank of North Carolina,
and who in 1873, calling to his assist
ance Capt. R. P. Howell as the cashier,
and Geo. W. Dewey as assistant cash
Ter, oragniZed the Ban of New Han
over, which was afterwards merged
into the Bank of Wayne. I refer to
i4o hororad nracilorf " D BParIon
who for fifty years has stood at the
head of this business community, and
who by his good life, high character,
clear intellect and fine business sense
has lone much to mold and shape the
business community, which is regard
ed by the entire State as m of it's
most steady and reliable communities.
1 think it but just to say in this con
nection what every citizen of Wayne
feels and knows.
In passing I should wish, if time
permitted, to refer to all the officials
of our we'll arranged and prosperous
financial and other Institutions. l
cannot go into particulars about these
! gentlemen, but recent vents in this
community compel me to make refer
epce to a gentleman, who is president
of one of the banks of this city. I
REFER to Geo.. A. president OF
the National Bank of Goldsboro, a man
of high character and fine intelligence
who has grown upon this community,
interested in it's development, and alive
with public spirit. 1t is a fortunate
thing for a County like ours that it's
manufactures, its trade and it's banks
and it's business are in the hands OF
men of character and men of intelli-
gence.
When 1 came to practice at this Bar
I was greatly Impressed with the sturdy
character of the citizens of this coun-
ty. In every township, there were
strong, vigorous men, men of charac-
ter I'M of rea power who had a lead
ership which they used wisely, and
we'll; they could be relied upon in any
contingency to take positions which
would do honor to the State. I have
known many Of them. l would like tc
name them all if 1 had time. Some
of them had gone through the War
Many participated in the bitterness
that existed before the war, passed
IthrOu0h that GREAT ordeal an1 coma nj