Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1921-02-05
STATE BANK &
TRUST COMPANY
Progressive Institution Which is
! Aiding in the Upbuilding of
Madison County Along Many
Substantial Lines

A Comnnlnity's banks are the res
ervoirs Of its business power. The
success of the banks Of u community
is dependent absolutely upon the
prosperity and development Of the in
dividuals and firms doing business in
that community. In order to have an
ever widening scope of activity, there
must be in every district an accumu-
lation OF this reserved power stored in
the banks. And so the bankers pri-
mary interest is the prosperity of his
customers. Thus, instead of indulss
ing in the exploitation Of any class of
residents in his district, he is in
tensely interested, from purely sell
fish standpoint, in seeing all classes
prosper. 1t is through genuine CO.
operation between all the various
classes-including the banker, MGR
chant, manufacturers, farmer and all
the workers-that the greatest good
for the greatest number can be ac-
compliShed. The banker will always
be found more than willing to Coop
crate with any and all of the other
business groups, because he knows.
perhaps better htan the members of
any group, that his prosperity is en-
tirely dependent upon their proSperi-
ty.
One of the we'll known and success
full financial institutions of Madison
county and one whose record Is such
as to cause the most laudahle COM
ment among all who are familiar with
its operation. is the State Bank AMI
Trust Company, of Richmond. which.
had its inception 1875 under the
name of Irvine and Walker, Bankers.
This original firm existed for two
years and in 1877 was succeeded by
the Second National Bank. The en-
terprise was operated under this bus
mess title for 20 years or until 1891.
when the State Bank and TrIS' Com
pany was born.
The State Bank and Trust Company
is ore of the SoundeS. ard moss sub
stantial financial institutions of East
ern Kentucky. 1t was 4 roiui teer
member of the Federal Reserve SyS-
tenn. Has more than one million dol
lars resources and carries thousands
OF dollars on desposit year i'm and
year out, representing the earnings
and profits of firms, individuals and
corporations OF Richmond and this
section.
A general banking business is trans
acted by this institution and IL also
acts as executor, guardian, admin
istrator, assignee, agent, committee,
and in all capacitie, of trust. Loans
are made on approved security, do
mestic exchange is issued. interest
paid on savings and certificates Of
time deposits, and safety deposit box
es rented to patrons. The banks
has been marked by con-
yet not lacking in enter
prise and stands ready and williny to
extend needed assistance to desirable
public and private,
ciples.
The institutions facilities are of
the best, guaranteeing its customers
the most efficient and reliable service.
Modern fixtures and fire and burglar
proof safes and vaults are installed.
This most commendable enterprise is
directed and controlled by men whose
standing in the business world is of
the highest standing, and whose in
tegrity and ability is unquestioned
They are as follows:
Officers-H. B. Hanger, president;
T. J. Curtis, vice president; r. E.
Turley, cahier; Spears Turley, assist
ant cashier.
Directors-T. S. Hagan, w. D. Old
ham, E. Deatherage, H. B. Hanger, J.
A. Sullivan, T. j. Curtis, Marion Coy,
] Jefferson Cox, G. B. Turley, j. r. Nc
Harvey Chenault, H. B. Han
ger, Jr.