The independent. [volume] (Elizabeth City, N.C.) 1908-1936, 1920-10-08
CURRITUCK BANK
OPENS OCT. 18TH.
Newest Enterprise of Enterpris-
ing Currituck Community
BY RALPH POOL

named after it's home county the
Bank Of Currituck, will open for
business on Friday, October IS.
The new bank has a paid in cap
ital of $4,000, practically all of
which has been subscribed by cit
izens Of that county. No indi-
dual holds more than $500 worth
of stock in the institution, hence,
nobody has a controlling inter-
est in the financial affairs Of
the bank
The officers of the Bank of Currituck
are: w. w. Jarvis, president; r. o.
Bagley, vice-presiednt; and w. w.
Smith, cashier. Mr.. Jarvis is a thoroly
progressive farmer, and Mr.. Bagley is
one of the leading business men of
Moyock Mr. Smith, the cashier, has
been for the past four years cashier of
the Bank of Rappahannock, at Sharps,
Va. and comes to his new position
highly recommended
The Bank of Currituck is situated in
the heart of the village of Moyock, FAC
| ing the Norfolk Southern railway sta
ton, and on a site readily accessible
to its prospective clientele. The build
| ing itself is new and thoroly modern in
| construction and eqipment. 1t is an
attractive and valuable addition to the
progressive section which it is designat-
ed to serve The directors of the bank
are: W. W. Jarvis, r. Q. Bagley, J. w.
Poyner. D. A. Cox, DR.. S. NJ. Mann.
w. D Cox and D. w. Bagley,> all OF
Moyock. H w. Powers, Northwest. Va,
E. r. johnson, Currituck G. H., E. w.
Addison, Shawboro, and P. III. Flora, r.
F. D. 1. Moyock.
The special purpose of the Bank OF
Currituck is the development and flnan-
cling of the agricultural interests of
the county. and the encouragement OF
enterprise throughout the section which
the bank will serve A strong commu-
nity spirit has come into being at the
town of Moyock. and an active effort
will be made to bring manufacturing
enterprises there within the next year
by the offer of free factory sites ano
other inducements which the town car
offer. Moyock is located practically
halfway between Elizabeth City ant
Norfolk, and its progressive citizens be.
lieve that it is the logical location Tor al
industrial center, being on the main line
of the Norfolk Southern Railroad. ant
on Moyock creek, oni y twenty miles from
: the Inland Waterway. This creek flows
into the Northwest river, which in turf
empties into an estuary OF Currltuct
sound, and the channel of the creek ane
river can be deepened and Strengthened
so as to provide deep-water transporta
ton to Moyock as soon asjit seems just
ified at relatively low cost.
The first drainage district in Nortl
n Carolina was formed at Moyock in 1911
+ TT is private enterprise. under tn
+ title of the Carolina Land and Lumbe
. Corporation, and when the project 1
+ completed, it will add between 10000 an
y $4,000 acres of rich farming land to tina
n section of Currituck county. Owe
$4,000 has already been spent by tn
corporation, and the virgin reclalme
land is finding ready purchasers at $40
- an acre. The deep, black soil is spec
ially adapted to such crops as corn an
ii SOY beans.
Moyock has a live Boosters Clu
which is doing real work for the advance
ment of the community along industrl
n and educational lines. Sponsored {
NC tba Boosters a move is under way II
:, tbe erection of a bonded warehouse du
rv ing the coming year, for the storage
g cotton. corn and soy beans, and to e1
q able the farmers to hold their none
nj crons until the market justifles the
~, sale The Boosters put waterworks
the Moyock high school, and mempers
N. the club were largely instrumental
,is bringing about a consolidation of nearl
&c school districts which increased the t
he c1lty from three to five teachers, al
q tho enrolment to around 100 dal
e Two motor trucks are used to carry t
lis children from the outlying districts :
nv and from school, and the educational
ill eilities which the section can offer ha
rd neen proportionately increased. 1t
MANNED to erect a new school bulldl
ed at AIoyock within the next two years.
lid The upper and lower parts OF Cur
he tuck county have recently been adequa1
De- " connected by a good road, which I
Ire neople of Aoyock declare is passable
is all times. The Guinea Mill road, 10
es. tho dread of motorists, has been grea
ith ;mnroyed. and is now, they say one
tie tho hest segments of the Elizabeth y
na- to Norfolk road.