The Barre daily times. (Barre, Vt.) 1897-1959, 1920-06-08
Extensive Changes Planned
and the Work Will Be
Started at Once
ADDITION ON REAR,
FRONT REMODELED
Customers Lobby Will Be
Three Times Pres
ent Size

The Granite Savings Bank & Trust
company. the oldest banking institu
| tion in the city, has closed contracts
for the enlargement and remodeling OF
its present banking rooms. When the
present banking quarters were built in
1883, ii was considered that they were
modern and up-to-date, but owing to
the large growth OF the institution in
recent years, the present quarters are
much too small to accommodate its
depositors.
An addition 25 feet deep is to be
built in the rear, and complete new
steel lined vault, equipped with the
latest fire and burglar proof equipment,
will take the place of the present vault,
which is TO be torn down in order to
provide additional room for the bank
customers The directors rooms will
be on the second floor, leaving the en-
tire first floor, including the new addi-
tion, for banking quarters, This ar
rangement will provide three times the
present floor space for the customers
lobby. The entire front of the bank
building will be remodeled and new
entrance built
The customers room. or bank lobby,
will be finished in Tavernelle rose mar
BILE, imported from Italy. and the bal
ance of the interior trim and finish
will be in keeping with this treat
ment of the lobby.
The addition in the rear will extend
back to the street line made by the
changing OF the bed of the Stevens
branch. This addition will be one
story high and of heavy construction.
The front entrance viii be changed to
the north side of the present banking
quarters and the same entrance will be
used for the Offices in the upper floors
Of the building The entrance will be
by msrquise. The lobby
will be on the north side OF the bank,
instead OF on the south. as at present,
and there will be seven windows for
the transaction of business.
Hf MRih W III DS rlbfA
ID within few days and will be under
The supervision of Contractor A. b.
lane. A far as possible, the work will
be done locally and by local men. |
Henry A. Mears of the Office, Bank q |
library Co. of Boston is the supervis
ng architect.
For the present the bank win occupy |
Is old quarters, but early in July will
AXE temporary quarters in the store /
wo doors removed from the hank and /
n. the L. NJ. Averill building on the
iouth side.
II may be interesting to know that
he hank started in business in 1855,
n the little building on North Main
treet. owned by the late l.. c. Wheelock
nd now occupied by the Barre Electric
q. The directors of the bank at that
iiue showed sound Judgment and keen
oresight as TO the future OF Barre and
n 1855 erected. together with AFRO d.
forse. the granite block in which they
re now doing business. The bank owns
: own bank building and is thus in a
osition to remodel and enlarge and re
ain permanently its present location.
everal sites for new bank were con a,
idered, but il was thought that the !
resent location would best serve the '
eneral public. OF the original directors, :
nly one. the banks first president, '
ohm Trow, is now on the board. His
sithful interest in the bank and his
terling integrity, have been large
'ctor in the upbuiiding of the institu
on. The bank has enjoyed n steady
rowth and has the largest deposits of
nv bank in the city. its present de
nsits being considerably over two mile
ons Of dollars.
Officials of the bank stated to-day s
lat they have felt for several years {
tat its customers were entitled TO, {
I'd that the bank needed larger and q
orc commodions quarters, They are \
w pleased 10 announce that this need b
III soon be reality and that they v
n offer the public banking facilities ?
hich will be the equal Of any in this n
ction.