Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1919-06-20
CITIZENS BANK
AND TRUST COMPANY
A New Institution for Rosemary will
Open its Doors for Business July
/, 1919.
TO ERECT HANDSOME HOME

The Citizens Bank and Trust
Company, of Rosemary, received
its charter to conduct a general
banking, trust and insurance
business June 9th.
The incorporators number six
teen, and the new bank has an
authorized capital of $100,000.00
with $25, 100000 paid in.
On June 9Th, the stockholders
metand elected the following
nine men directors: Jno. L. Pat
terson, J. A. Moore, T. W. Mul-
len, Frank L. Nash, J. U. Lof-
tin, L. S. Cannon, R. w. Hamill
E. W. Lehman and T. M. Jen-
kins.
At a meeting of the Directors
Immediately after the stockhold-
ers' meeting the following Off
GERS were elected: Jno. L. Pat
terson, President; ]. A. Moore,
Vice-President; T. W. Mullen,
Vice-President; Frank L. Nash,
Cashier.
Mr., Nash is a native Of Lum-
berton, where he had many years
of banking experience prior to
his enlistment in the army and is
very highly recommended by
prominent bankers in his section
of the State. On January l,
Mr.. Nash was honorably dis
charged from the Army and ac-
cepted a position with the Union
National Bank at Charlotte,
which position he held until his
election as Cashier Of the Citi-
zens Bank and Trust Company.
Mr.. Nash will arrive to-day and
get in readiness for opening the
door of the new institution July
l, in their temporary quarters
next to the store of ]. ]. Wade
& Company.
The directors expect to conduct
a bank in accordance with the
most modern and best established
banking policies and intend to
serve the public in a most broad
minded and liberal manner con-
sistent with these recognized
equitable banking policies.
Plans for the banks perman-
ent home have already been re-
ceived and work on the building
will probably begin next week.
The building will be a three
story brick structure, which will
be located at the Southeast corner
of the intersection of Roanoke
Avenue and Eleventh Street.
This bnilding when completed
will, in addition to being the per-
manent home of the bank, con-
tain two store rooms on the first
floor; four suites of rooms on the
second floor, all equipped with
baths and two with kitchens.
On the third floor there will be
an assembly room and six Offices.
The roof of the building will be
thoroughly ventilated, thus in
suring the comfort of all rooms
on the third floor. 1t will be
steam heated and be provided
with hot and cold water on all
floors.
The building will be 30 feet
wide and 105 feet and 5 inches
long. The second and third
stories will be provided with ad-
equate fire escapes.
On the south side Of the main
building a one story building
2Ox50 feet will be erected. In
this building will be located a
, sanitary barber shop with four
; sanitary shower baths and a
' clothes cleaning and pressing
room. The roof of this building
4 will be used BY the occupants of
: the suites on the second floor of
the main building as open air
: porches. This building insures
0 for all time an adequate air and
light shaft for the occupants Of
e the second and third floors of
the main building.
The building will also be pro-
vided with its own private water
y system and a thoroughly modern
E sewerage disposal system.
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