The Birmingham age-herald., 1921-08-27
CHAIRMAN RAMSAY. TELLS OF THE S1OOO. SUBSCRIBE s
Bank of Ensley Makes Ready Response to Request of Chairman of Semi
 Centennial Committee

When ErslLne Ramsay chairman of the finance committee for the semi- centennial committee, decided to ap- proach the banks In regard to sub scriptions, it was natural that he should first so to the Bank of Ems ley. the institution which he and his partner. G. B. Mccormack. had found ed a little more than 20 years ago. While the firm of Ramsay & McCor- mack disposed of their holdings in the bank several months ago. they still continue their interest in tho in- stitution, and The support of MT sim- say and NlE Mccormack are altays at the disp4al of the present owners.
 When Mir. Ramsay proposed to Capt. R. E. Chadwick, president, and Sam c. King, vice president, that they subscribe $l.000 for the semi i-centen- nial fund. they readily agreed. Under the ownership of Ramsay X McCor- mack, the Bank of Ensley had estab- lished 8 reputation of being one Of the most progressive and public spirited institutions in the state, and under the new owners, it Is follow ing It's established course.
 The Bank of EnsleY, which was turned over 10 MT. Chadwick and MT. King, who were officer- under the formerI ownership, enjoSs high rank as strong institution. It was built up under the management of Mir Chadwick and MT. King, and recently the two owners announced that they these two young men might enjoy the fruits of their labors before they reached old age.
 A remarkable feature is the fact that the deposits of the bank are more than s3,5O0, 900, which Is over S5 times as much as the capital. An other Indication of the strength Of the bank is that it's capital and undi- vided profits are more than twice as great as the capital, totaling more than $200,000.
 Mir. Chadwick. who is now presi- dent. was for many years cashier and later vice president of the bank. He was associated with the institution for 20 years before becoming presi- dent. Sam C. King was a clerk, as- sistant cashier and later cashier, and was connected with the institution for nearly IS years before becoming one of the joint owners and first vice president.
 Chairman Ramsay urges everyone to send in their subscriptions prompt ly, so that there may be no hesitancy on the part of the packers of the cen tennial celebration in closing the con- tracts. He requests any who have been solicited for more than they feel able to subscribe to send in as much as they can, as the committees meret ly suggested certain sum which they thought reasonable. Should any have been solicited for less than they were able to subscribe, he requests that they send in as large an amount as they can afford
 The assurance of Chairman Ram say that all money over $30,000 Is to be returned pro-rata and his belief that all the subscriptions will be re- turned, has made this q very popular campaign, and 1t is expected that the amount will be greatly oversub- scribed. It is hoped that those who feel able to give only s25 or $100 will send in their checks promptly so that announcement can be made of their receipt as soon as the bal ance of the s1,00o subscriptions are in. Several other large amounts will doubtless come in during the next day or two and then the attention of the committee is to be turned to the smaller subscriptions.