Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-04-05
FAIRFIELD
Fairfield Savings
and Trust CO. in It's
New Home Today

The Fairfield Savings q lrusl w. va
begin business in its new rooms at tie
corner of Main street and Lawrence
avenue this morning. 1t is oricA
building and has been remodeieo So .ha'
it is practically new building. lneie
are large limestone pillars on tue lfon'
of the building which make II LOOK very
attractive, Over these is a large vault
alarm. Steel wickets have been placed
at all the windows. The base boards are
of Tennessee marble and the moor 10 u
ceramic tiing. The ceiling is No's
tinted. The building will be heated py
yapor heating system and the = DupieN
light in used to light the rooms. Inc
Fink lighting system las been es'ap-
,isbed over the counters in the work
room The woodwork is all finished in
mahogany
The vault is by u feet and rests
on solid concrete base Inc vault
walls are of concrete reinforced by steel
rails and protected by the Bankers
Electric Protective Association. 1t has
steel lining. Safety deposit boxes Wi,
be at the convenience of the puoi'c'
The banking property will be kept IN
the back of the vault behind steel
grill.
| On entering the building one goes
| from the vestibule to the main room.
| Mr.. Merrill. the treasurer. has
| large room at the front of the build
ing for his personal work. The WORK
room is behind this. Large mahog-
any tables and chairs have been
placed in these rooms. y new Bull
roughs Posting machine will be used.
This saves much time i'll the posting
| of accounts. 1t is run by electric
power and may be attached at diff
ferent sections in the room. On the
floor under each window at the
counter is a burglar attachment con-
Meeting with the vault alarm on the
outside of the building. The direc-
; tors room has the table, desk and
, chairs of mahogany. The furnish
/ ing for all the rooms were purchased
through Lawry Bros.
Other rooms in the building are
coupon rooms, ladies room, and clerk
rooms. The Offices over the bank
! have been remodeled and will soon
be ready for the occupants.
! There is much more room in this
building and with new furnishing
and all conveniences the work NAV
ne accomplished in less time and will
be much more pleasant for all.
The First Fairfield Savings Bank
was opened March 3, 1871, in rooms
over the store now occupied by the
Jewell Shoe store. Calvin G. Tot
man was president and E. w. Nc
fadden was treasurer.
The First National was organized in
ls'2 by the business men of the town at
lhat time. They had capital Of $50 COO.
lheir rooms were in the building now
occupied by II. r. Varney. The Fair.
Held Savings Bank went down into that
building with them and since that time
| nave been conducted in one building.
E' u. Pratt was treasurer and Henry
heileyl president. Mr.. Pratt passed
away very suddenly and was succeeded
Tor a short time by Charles Rowell. II.
l.. Kelley was elected as treasurer in
lss2 and remained in that office until W.
W. Merrill succeeded him in 1895. Dur
| ing the last year of his being in the
bank his brother. Edbert Kelley, as
| sisted him with teh work
On March 1918. the business Of the
Fairfield National Bank and the Fair
| field Savings Bank was liquidated and
the Fairfield Savings a. Trust CO. was
, organized. combining the assets Of the
two institutions. On Aug 90, 1919, they
were authorized to do business.
They have a capital of $50. 600 a
surplus of $4,000 and resources TO
over a million. The present officials
are president, George G.. Weeks; vice
president, Hiram F. Burgess; treas
urer, William W. Merrill; Adelia A.
| Merrill, secretary: Edbert Kelley.
clerk Of the board of directors. The
directors are George G.. Weeks, Hi
ram f. Burgess, William Totman,
George L. Wilson. Edbert Kelley.
Ralph Jewell, John p. Lawry, Err
nest Luce, Abbott W. Nelson, Mer-
ton l.. Chase and William l.. Gousse.
The clerical board is composed of
Miss lnez Scott, Miss Eda Dinsmore
and Carleton \ Bunker. The build
ing committee was composed of Hi
ram +. Burgess, G. E. Wilson and
Ernest Luce. The contractor for the
building was d. r. Page Company Of
Boston and the sub contractors are
II. T. Burns. Bradbury &McClure of
the town and Day & Smiley Of Wa
terville.