The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1916-01-14

The Grenada Bank celebrated Mon
day, Jan. 10, its 25th anniversary. The
banks history is one replete with sue.
cesses and surprises. Surprises that
an institution in so small a place as
Grenada could grow to the proportions
that it has. Its successes have beer
unbroken, they have been year in anc
year out. Today there is not only the
parent bank here but there are twelve
different branch banks located in az
many different places all in a most
prosperous condition. The statement
shows that deposits swing around the
1000, 900 mark. The stockholders and
directors were here Monday from
Eupora, Charleston, Oakland, Calhoun
City, Louisville, Ackerman, Belzoni,
Moorehead, Woodlawn, Noxapater, Nc
Cool and Vardaman. The business af-
fairs of the bank were brought under
the most critical review, as they al
ways are at these annual meetings, and
the management received perhaps the
most hearty commendation and endorse
ment it ever received from the stock
holders.
AS has been the custom of the bank
Tor number of years, a very delight
full and interesting program had been
arranged for the entertainment of all
present after the business matters for
which the meeting was primarily held
had been attended to. Accordingly
the directors rooms of the bank were
hlled at the appointed hour, 1890
O'Clock Monday morning, when the rem
dltion OF program was to begin
President }. 7. Thomas introduced Hon.
J. H. Caldwell of Charleston as master
OF ceremonies. DR.. J. R. Countiss,
president of Grenada College, invoked
the blessings of the deity after which
Mr.. Caldwell presented Judge A. T.
Roane who presented the speaker of
the occasion, Chancellor ]. N. Powers
OF the State University. Judge Roane
was indeed fulsome in what he said of
the great work Chancellor Powers had
done in the school work of the state
both as state superintendent of educa-
tion and as Chancellor of the Univer
sity; the Judge also recalled with pride
Mr.. Powers residence in Grenada when
ne was at the head of the city schools
in this town.
Chancellor Powers address was be-
fitting the occasion and was a verv
beautiful combination of the aesthetic
with the practical, of altruism with
good business.
ne made many pleasing and happy |
references to his associations with the |
president of the bank and of the work |
President Thomas had done in connec-
tion with popularizing the banks and
then proceeded to argue most convinc-
ingly that business men today. the far
seeing business men, should undertake
TO 90 beyond the lines of their respect
I'VE callings and assist others to apply
10 their affairs something of what they
had found brought them success and
prosperity. As man could not live to
himself, the Chancellor also held that
10 business could now long travel which
I'D not reach out and help its neighbors
md those less fortunate. In this con-
'ection Mr.. Powers stated that he was
'ery happy to announce to the public
omething that he felt sure the Presi.
lent would be disinclined to have men.
Toned were he consulted, and that is
nat the Grenada Bank made it possi- ,
lie by most liberal contribution for ,
I'm as state superintendent of educa- ,
ION to inaugurate the tomato club work !
Mississippi, and that in numerous =
ther instances he knew that the bank
ad literally aided farm work and other
nterprises that made for the perma-
ent building of the state. The fact is, s
,e Chancellor stated, that Mr.. Thomas f
ore more than half the cost of keep f
lg Miss Susie Powell in rural school 8
ork for more than year. Chancel- n
r Powers said that one of the grsatest Is
eeds of the present forward farm O.
ovement was that the farmers who a
versify should have a market for C
leir varied products. He insisted that fl
le legislature should make an appro- Il
ration to organize a farm marketing
,reau which bureau he said should C
I'VE an organization supported by the H
'siness men Of the several counties in n,
'ery county in the state. In this con- in
,ction he said: at
"A meeting should be called in Jack. ty