East Mississippi times. (Starkville, Miss.) 19??-1926, 1919-11-21
PEOPLE SAVINGS BANK



this issue which will be read with
interest by our readers. From
this advertisement it will be seen
that this old and solid institution
is about to take on new life, en-
large Its scope of business and
keep pace with the progress of the
city and county.
In its re. organization, Hon, Nj ,
A. Saunders becomes President
w. h, Sudduth, Vice President,
and Mr.. A. U. Erwin, who has
been its cashier since the organs
zation of the Bank in 1889, thirt y
years ago will will continue as
cashier. He will have as his as
sistant cashiers, Mr.. W. o. Page
and Mr.. A, II. Ames, both men of
wide banking experience.
The new President, Vice presi-
dent and Directors are all busi
ness men who closely identified
with every interest of the town
county.
Ia this connection a reproduc-
tion historical review Of this
Bank published in the Times of
October / 1907 will be read with
interest:
People have been interested In banks
of one kind and another ever since the
establishment of the first banking con-
Germs, which is said to have be N start
ed ON the shores of the Mediterranean
Sea over two thousand years ago
Since that timo- all sorts of bunking
Schemes have been inaugurated We
have national and state banks, aud many
forms of currency. But it is acknow;-
edged that hbme men and home insti-
tutions are the best, safest and most re-
Liable after all.
This brings us to the consideration
ot the Peoples Savings Bank, lis many
advantages and the merits OF its mode
of doing business and the Efficiency and
integrity of its managers. 1t is the pub
lie judgement that it has at its head
officers whose names are linked with
financial and commercial interests, and
which Is a sufficient guarantee thar Il
safe, conservative and liberal, yet prul-
ent and wise ADMINISTRATORS OF the
interests and welfare Of Of the people
In the matter of banking will be carried
on In the fut ire as it has been In the
past, The Peoples SAVING Bank was
establi :hed in 1889 and at once entered
upon successful career. During the
lime when the First National Bank Of
this city failed aud after the bank went
to the wall the Peoples Savings B INK
was found to be upon firm foundation
and as safe as any institution In the
country, and it stands as safe and sound
today In every particular, still the
guardian Of the peoples interests. 1t
is capitalized at $4,000, and its cores
pondeuts are the Hanover National,
n. Y; Hibernia, New Orleans and the
First National, Memphis.
The officials at the head of the Peoples
Savings Bank are all successful business
men of the town, and have at heart the
furtherance Of all proper methods look :
ing to the Development of its many in+
dustries, enterprises aud various mere
antile interests.
OF tie President, Col. Ii, l. Muldrow,
II is Unnecessary here to speak IN exA
senso, as the reader will find 10 gnother
place In tbis issls an elegant Likeness OF
him, together with fui bful portrayal
which will give the reader a very fair
idea of the distinguished gentleman
whose executive ability and many talents
and long experience have been called
into requisilion In the manasemsnt VI
the banks affairs. lie Il ably seconded
by board of directors, composed OF
Capt. W. w. Scales, Mr.. NJ. f. Ames,
and Messrs. Simon Fried and X. Dough-
erty. Captain Scales is one Of the city's
Oldest and most successful merchants,
and also large cotton buyer, and With
all man Of highest integrity who ems
joys the esteem and confidence Of tho
whole community. Mr.. III. j. Ames is
one OF OAtibbeha' most prosperous and
largest land owners, and possesses valu-
able tracts Of land In this State and
Texas. Nj. Fried, Of the firm Of Blun~
erfeld 4 Fried, Is nerchant Of whom
any community might be proud, being