The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-12-14
j, SHERWOOD FEE TREASURER Of
C|TY'5 NEW BANKING INSTITUTION
PROMINENT BANKER CHOSEN IN
IMPORTANT POSITION OF
COMMUNITY LOAN CO.
loan Committee, Composed Of Presi'
don't Miller, r. 8. Naylor and
MIR. Fee Named.

Further plans we're completed yes
terday for the opening OF Wheelings
newest banking institution. the Com
munity Loan & Savings Association.
j. Sherwood Fee, one OF the most
widely known bank officials Of Wheel
ing. was elected treasurer Of the aSSo'
citation at Il meeting held yesterday ar
ternoon in the Offices OF Judge Ben ).
Eonecker. secretary OF the. association.
Nj. Fee Is one Of the citr's most prom
iuent business men. and has been aSso-
ciated with banking institutions OF
Wheeling for more than s. score OF
. years. He was for several years teller
Of the Germania Half Dollar Savings
Bank, and later entered the employ OF
the Citizens National Bank as cashier
Mr.. Fee was offered the position with
the Community institution seTeral
weeks ago, and accepted it yesterday.
There is no banker in this community
who is more respected than h". anu
none who is more competent to con-
duct active business affairs with the
public than Mr.. Fee.
Loan Committee Chosen.
Following the election Of Mr.. Fec.
the following officials and stockholders
were chosen as the committee on loans
who will pass upon al, paper pre-
scented to the institution y. Miller:
who was recently elected president OF
the bank. chairman of the committee:
J. Sherwood Fee and r. B. NaElor.
Mr.. Naylor was among the principal
factors in organizing the bank, and as
sisted in selling considerable stock.
which stock is owned by hundreds OF
Wheelings most prominent and pro
sressive professional and business
men.
Secretary Honecker said last nj ght
that plans were being made as rapidly
as possible 10 open the institution:
that a number of.mo desirable loca"
rions have been offered the officials,
bnt il had nor been decided upon
which shalt br leased. but decision
would likely be- reached within she
next few days
"The bank vii! hs located in tho hear;
of tho business u!S:-iC; III III jVfC" tt"tl'
ecker. and We ".iil urnv;'" every coy
renierc,. for "ur customers that IS ~
Keeping VIII: >,':ch institutions az -
day.
Loan Shark Elinatnator.
The Community t-"tn X savings TOM
uany here will % IN" sixth INSTITUTE MI
Of the ki,.ti To h.. organized in Yves; IL
Sinia during tho pas: few years. NJ! 1T
them arc doing an excellent business
and have proved u Messing - the wa-"
ea-ners and :, Curse Ia tho ::!"nny SHARKS
They arc institutions III which on" VIII"
works uv tn. day or Week may borrow
money Al the smallest rate Of interes;
in n tignitled manner and II" business
with business men Of Hrinclpl" and in
tAsritv Il will not b. upon the money
shark system. wtlcrr t!.r borrowers Chill
dren'S children pay back tbs loan unto
the third and fourth generation.
The only REQUEST III" 'n":nuni:! IL
stiluti6n asks from til" prospective har-
rover is thr"" Things: i;.p':sati"n. h"c'
"stv nd tx" inGor$cr.;. y loan nf ST.
costs. him less than $! Car.
The n;an?' St"cEhnlt"r.> ''l"cted a boar
Of directors az II. ~!uS:itution savera
weeks ago. and. they il: ;urn chose tho
officials. yesterday III. active pcrSonntI
OF th.. Institution who will come in cor
tact with the ii':ilic in their official "a
pacity wrr.. ..G'..l. The. u3lv :hing thu
now remains - hc dor' is III" leasing .!
a desirable sit" and th. opening If n,
Institution for business.