Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-01-14
BANK OFFICERS ARE CHOSEN.
ANNUAL MEETINGS HELD
HERE BY STOCKHOLDERS
Colonel william Palmer, Dean OF Finnn-
cini Fraternity of RlchmOnd,
lionOred with New Chair.

annual meetings OF their stockholders
sseS OF he eNard of for
for the coming year. Three OF these
banks. holding 1t necessary because OF
tho ".ncrensea demand for capital in
capital stock. and one bank Increased
its surplus and undivided profits.
Following the custom of many bank
ing institutions. tho directors of the
at'onal State and City Bank created
the new office Of chairman of the board
Colonel William II. Palmer. dean of the
banking fraternity here. was accorded
the honor OF being the first to fill the
rnnccd to the pre- idency OF the bank.
Colonel Palmer was president Of the
with the National state Bank. and had
been pres dent Of the former institu-
tion since 1883. Colonel Palmer was
banks after the merger He is prcsl-
dent Of the Virginia Fire and Marine
Insurance Company.
Vote Increase In Capital.
At the meeting OF the stockholders
OF the american National Bank ana the
American trust Company. Wn.ch is
branch of the same, the 1919 d,rector'
An increase OF 100000 was voted
in the capital stock of the American
Trust Company 1T the meeting, making
the capital stock total $l,CU0.oUO. The
increase was authorized TO becoin,
elective tenru.ry = ne .Fust com ..
quarters. which are now under con,
struction, within a few days. anu VIII
be among the largest ana best equipped
companies in the south. officials stated
oiicers for the two banks were not
elected yesterday. but VIII be elected
at a meeting OF the board OF directors
Thursday.
Deposits aggregat!ng :203.o42.ee. or
twice the amount OF the capital siock.
erai Tlust Company AZ the annual
meeting held last night The report
also showed a total OF 80 savings &C
lion club accounts.
Bank Youngest Here.
The bank is the youngest in the city,
having been In operation signify more
than three months. The showing MADE
~ regarded as exceptional oy stoch-
holders as wen ;Ls bankers.
= resolution adopted empowered the
i,al stock. now 100000, in event sucn
{. course IS deemed advisable.
These directors were elected: T. T.
AdaIne. iunsuon Cary. j. Nat Harrison
T.. Sheldon iiorsiey. j. Amber John-
gton. w Il. McEwen, Charles r. Nor
man. Edward iias!a John l.. Rat
cnnc W. T. Scluen. Thomas $. r. all.
stewart NJ. Woodward, EuSar J. haui-
man. Ralph a. Binswangvr, Ralph Z.
Harrison.
fouowing the meeting OF the stock
holders. these officers were elected: T.
+. Adams. PRESIDENT hunsdon Cary.
,,enciai counsel ana wee pTcSluenl,
Charles r. hayward, treasurer; James
j.. Catcher. secretary.
All Directors Kc-Electcd.
All OF the directors Oh tnc Merchants
National BANK were rc-e!ccted at the
stuCnnoIdcrs meeting yesterday. and
tuc report Tor me year "aS ratified.
Ine directors elected the same oIncers
49, last year 1T lpettlng afterwards.
Three new Uli>-CJOrs were added 10
the Doaru 81 the, irst National Bank
u the meeting .of tHe stockho!uers
yesterday ana -! OF the Odd directors
thursday and eject oulcers for the in
st!tuton Tor the coming. year.
At the meeting OF sue etock holders
OF the SANK oi Commerce and Trust
ihe capital stock OF the institution
was Increased py vote nirom a2vu.ooo
SIia,o.o. Increased To soooVvo. Some
Jew changes ala the officers were made
by the dIrec.ors after the meeting;
W. -. ROPER being maze vlce-prcsiucnt
and cashier. ana W. y. street assistant
cashier IL WAS further decided 10
.g.ct a building at Twelfth and Hun
OF the bank.
Al ,hc stockholders meeting of the
Planters National Eank all of the
former directors were reelected. and
John VI. Miller III. was promoted from
auditor TO assistant cashier.
AZ the Broadway National Bank the
ldent OF the Gordon Meta Company,
Was added TO the board OF directors.
There were no other changes in the
board except the retirement OF s. z.
Jsns, OF the jones brothers Furniture
Company. All OF the others were re-
elected.
Officers o, the bank Will be elected
THURSDAY At the meeting OF the di-
rectors.
81 the Church Hill Bank the stock
holders ,decl"crd the regular quarterly
dividend OF per cent. The officers
and directors OF the bank remain the
same. except for the promotion OF
ut biar
Of the main bank and of Percy l..
Aioore TO cashier OF the Fulton Branch.
Iarter Is. HARRISON was. made an as
sistant cashier OF the Fulton Branch.
~ the Union Bank OF Richmond the
Old oihcers and directors Viii continue
0F S an%IheF ge1T c AgthoT'z sr ton OF
$500. 900, To become effective in Feb
ruary, was voted.
Al. OF the officers OF the South
Richmond Bank were re-elected at the
meeting OF directors yesterday after
;he stock holders meeting.
pirec,ers and "ii,esrs q ii" Various banks
where ch"nses weFs male 1ye a. f2iSws
scSid. presiden T' p s Goodwin. vce "Taes
P' r1d eshr oiG S aE @a'sra 5
cashier Directors:
e 70! T. c affidfy r ". b : sy'e'
4 / lee Ds G@sawin !"% p. o + Ffhne''
Henry r. llaase l3r Grah Harinan
wy Schmidt 'Hth.sE \ Ii Sss!lhSwarzsehnd
y. G. Scot, George Sorg
Isaac Thalhincr George G. Howell.
National state and CITY BanH-wiilann II.
Palmer. chairman OF hoard: Julien II. I'm.
president: ! W. Sintom vice. president: Il.
Il: Cunningham. vice president: William ;.
lsyland. vice president and cashier: Jesse
T. wood. vicc-prcsdent; y Frank Dew.
cashier; l., ii. Cookie assistant cashier.
board OF directors:
b r. Addison G. X. LasSiter
James II. Anderson Edward c. Mayo
Hugh Antrim Edwin 4. Palmer
lanes ID. Crump WIN. III Palmer
II. w Elierson r. g. Sydnor
Horace s Halves Granville c. Valentine
:. II. Halves Stewart VI. Wood ward
julien III. Iiill
TANK OF Commerce and Trus;s--John T.
Nlianh president: II. NJ. Kent. Jr.. wee
p,sSf'ihrn' w a Roper. vicc-prcsident and
,.isiI.'r w Street. assistant cashier: