The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1916-09-06
Big MERGER
OF the First National and Standard
Bank Of This City-Name to Be
The First.Standard Bank
Change WIN BE Made
Soon.

The business of the First National
and Standard Banks, of this city, will
be merged into one concern, and as
soon as the necessary legal steps car
be perfected, Maysville will have the
largest and most modern and up tC
date financial institution in North
eastern Kentucky. About thirty days
will be necessary to complete and per
feet the new organization. In the
meantime, each of said Banks will
continue their business as heretofore
A new corporation will be formed
under the laws of the State of Ken.
lucky.
1t will be a combined Bank and
Trust Company, with a capitol stock
of $175,O00.00. Name. First-Standard
Bank and Trust Company of Maysville
KY.
The business will be conducted in
the building now occupied by the First
National Bank, The Standard moving
thereto. Some changes will be made
in the new banking room, including a
new front and entrance to the Bank.
Twelve thousand dollars worth Of
the stock of the new Bank and Trust
Company will be sold to the public at
$210 per share and same has already
been over subscribed at that price,
which shows the degree of conf
dence and popularity with which the
new venture is meeting.
The combined assets of the con-
Germ will be about 81 800, 100000, its de-
posits will be over 81 ,OOO, 100000 and it
is the confident prediction OF its Of
ficers that within a short time Mays
vile will be enjoying, in this new
concern, a two million dollar Bank
and Trust Company.
1t will do a general banking and
trust business, which means that It
will be able to extend to its patrons
every facility and accommodation that
is or can be given by any financial
institution. The large amount of its
capital and surplus will enable It to
make larger loans and take care OF
and handle bigger financial projects
than any financial institution of this
city or section Of the state has ever
been able to do. 1t will put MaysviIle
on the financial map.
1t will pay per cent interest upon
savings accounts, and have a vacation,
Christmas and similar club depart
ment. 1t will give special attention
to commercial accounts, lend money
on personal notes and collaterals and
make a speciality of farm and real es-
tate loans. II will act as Executor,
Administrator, Guardian, Curator, AS
signee, Committee, Agent and in every
capacity in which a Trust Company
can serve the public. 1t will, in fact,
be so organized and equipped that an
account may be opened in it for a new
born babe, kept at interest until he or
she reaches the age of responsibility,
converted into a business account,
carried as such during the life Of the
individual and at his or her death en-
powered to administer upon his or her
estate If they so desire. In other
words, it will be an entirely complete
financial institution, right up to the
minute.
The officers will be Hon. ]. N. Ke-
hoe, President; Thos. A. Keith, s. p.
Browning, L. G. Maltby, Vice Presi-
dents; ]. b. Durrett. Cashier; James
e. Threlkeld. Assistant Cashier. The
Directory will be composed of fifteen
members and embrace the we'll known
gentlemen of the present Directories
OF the Standard and First National
Banks.
This leaves Maysville with only one
National Bank, the State National, and
gives 1t three strong State Banks-the
Farmers & Traders, the Bank of Mays
vile and the First-Standard with these
four powerful financial institutions
this city will be able to hold its high
standing in the financial world that it
has heretofore enjoyed.
The gentlemen who will be In
charge Of the bank are well-known TO
every resident in Maysville and Ma
son county and are liked because OF
their old-fashioned Kentucky courtesy
and Fnannaro ana -. khoG.