The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1916-01-15
ANNUAL MEETINGS OF BANKS.
STOCKHOLDERS GATHER TO
HEAR WHAT INSTITUTIONS
HAVE DONE DURING
YEAR.
Few Changes Made From Former
Years-Statements All Show Banks
to BE in Good COndition-List or
Officers and Directors Named.


to BE in Good Condition-List or
Officers and Directors Named.
Several of the banks Of Sumter
held their annual stockholders meet
ing Tuesday and the statements pre-
sented by the officers of the banks
was in every instance in every way
pleasing to the stockholders, as the
business of the institutions during the
past year has been very successful. In
most cases the former directors wer.
reelected and the old officers chosen.
| A few changes were made.
The First National Bank of Sumter
held its annual stockholders meeting
at noon Tuesday with a full attend
Iance of stockholders, who were much
pleased with the statement made for
the past year. The former directors
were reelected. as follows: Neill
lO'Donnell, r. D. Lee, H. b. Barnett.
e. p. Kicker, Archie China, Geo. F..
Epperson, Geo. D. Shore, w. B.
Upshur. H. N. Forester. The officers.
are President, Neill O'Donnell; Vice
President. r. D. Lee; Cashier, O.. l..
Yates. r
The City National Bank stockhold-
ers meeting was held at the bank. All
of the former directors were reelected
except Mr.. H. ]. Hardy. who declined
to serve. owing to his frequent absence
from the city. Mr.. A. c. Phelps was
elected director to fill the vacancy.
The banks showing for the past year
was much better than for the preced-
ing year and the prospects are exceed
ingly bright for business this year.
The directors Of the bank reelected
were: G. A. Lennon, Perry Moses,
Jr., Geo. L. Kicker, w. B. Wilson.
Geo. D. Levy. r. G. Williams, T. H.
Clarke, H. M. Stuckey, c. L. Stubbs,
I. c. Strauss. w. w. Sibert, C.. E..
Hurst. H. Hardy. E. L. Witherspoon
and A. c. Phelps. The officers of the
bank are: President, G. A. Lennon;
Vice President, I. c. Strauss: Cashier,
Geo. L. Kicker Assistant Cashier, J..
| g. r. Wilder, who were all reelected.
The National Bank of Sumter held
it's annual stockholders meeting at
one o'clock and elected directors. The
directors will hold their meeting to-
day to elect officers. The directors
Ichosen were the same as last year.
and are as follows: j. p. Booth, d. d.
Noise. J. A. Mood, W. s. Manning, c..
L Cuttino. d. r. McCallum, James
Reaves. A. D. Hardy. w. F. Shaw, H.
=. Moses. Richard I. Manning, H. J..
McLAurin, Jr.. r. B. Belser. B. W..
Segars, s. A. Harvin, Barlow Walsh.
O. H. Foley, H. c Haynsworth and
Bernard Manning. The statement of
the bank to the stockholders showed
that the bank had had very success
lful year. its profits being over $1S.-
600 during that time. An analysis of
the statement shows that the bank is
in exceptionally healthy condition to
start or the new year. The bank
started off 1915 owing 1851, 900 all of
which obligations were retired during
the fall Of the year.
The annual report of the PEOPLES
Bank at the annual meeting, of the
stockholders Tuesday showed the in
stitution to be in a splendid condition.
it's business during the year having
peen better than last year. In fact
so much pleased were the stockhold-
ers at the showing that they passed
a vote of thanks for the officers COM
plimenting them on their work during
the year. The former directors were
elyected. being Messrs. L. D. Jennings,
B. c. Wallace, F. X. Holman. p. r.
Harvin, c. c. Beck, J. w. Shaw. M.
Green. w. T. Brogdon, J. M. Proy-
don, c. P. Osteen, r. K. Wilder. F. d.
knight, Joel Davis. w. S. REYNOLDS
w. Percival Smith. Mr.. s. w. stubbs
resigned as vice president on account
Of frequent absence from the citv
The officers elected We're: President
l.. u. Jennings; First Vice President
b. c. Wallace; Second Vice President
r. Il. Wilder; Cashier, s. M. Mcleod:
Assistant Cashier. A. NJ Broughton:
Bookkeeper, B. c. Wallace, Jr.