The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1921-01-14

managers of the Grenada Bank anc
| its CHAIN of branches and connecting
banks held their annual meeting
here Monday. Nineteen banks Were
represented from nearly as many
different counties ard when it is
stated that their institutions were
represented" the worl is properly
used, as there were officers and rep
resentative citizens from rho COM
munities where they are located.
These meetings have bec1S taking
Ll:ce about this time of year for a
Lumber Of years and the financial
conditions of the countrs- snd the
fact that SO many were asking
time" on their paper gave the pres
ent meetirgi the ear AMI atteftion of
the general public as perhaps never
before. Perhaps TO greater degree
than for years these was a sort of
whispered speculation about what the
bank will do at its annual meeting.
Trains began on Sunday to bring
in the interested ones from a dis
tance, in addition to those immedi-
ately interested in or connected with
the bank, President j. T. Thomas
had extended invitations to others.
who also came, and among them was
Rabbi Fineschreiber of Memhis, and
Felix Gunter, a former Mississippian,
who is now directing the destinies of
one OF the largest banks in New Or
leans. Mr.. Gunter started out in
life in the viciaity of Eupora. Later
he went to Jackson, where he was re-
garded as one of the leading banking
factors. From Jackson, about four
years ago, he went to New Orleans.
His address at the business meeting,
and that of Mr.. j. S. Love, of |
Greenwood, were regarded as among
he ablest delivered.
A few thought that in view of con-
litions possibly President Thomas
would call off this meeting, but what |
,ranspired at the open meeting show
I'd that he acte3 very wisely in not |
iolng this. There was 4 spirit of |
infused Monday that ev-
'ry one present will carry back home
md better enable the different COM
nunities touched by the Grenada
sank to meet the situation of the
resent hour.
The business meeting began early
n the morning and lasted the great
r part of the day. The presidents
eport showed how intimately he has
ept in touch with all the affairs of
he bank and how sacredly he has
uarded it's financial interests. The
ank declared altogether a 16 per
ent dividend for last year and pass
d a nice sum to the surplus account.
The managers of all connecting
anks made detailed reports as to
re affairs of their particular insti-
ltlons. In way, the meeting was
wen almost an itemized inventory
I all institutions, and the view point ;
the cltizelry of the different To- I
alltles was not overlooked. 1t was
he aim of the management, it ap-
cared, to get the angle of vision of
lose whom they were trying to serve {
lille at the same time giving theirs.
1t developed that the Grenada Bank l
doing all in its power to aid it's
lentele to weather the storm and ,
lat it is extending every considera-
on and courtesy possible to it's pa $
ons to bridge over the present dis t
lrbed period, which many assert {
lth much show of reason will last g
1ly very brief time. It
A business intermission was had
Id one and a half hours were de- t
'ted to programme to which the 9
eneral public was invited. The spa. f
Gus directors rooms were filled. DR.. y
X. Countiss, president of Grenada S
ollege, after two interesting musi- a
i numbers by students, Of Grenada il
ollege, introduced in p most pleas
6 manner Rabbi Fineschrieber, of @
emphis. The speaker performed a h
nilar duty at an annual meeting "
'out nine years ago, and those who a
ere present then were anxious to n
ar his message 1T this meeting. He Il
IS equal to the opportunity. While
did, not announce his theme, it b
ght properly be termed the Gath O
hood Of God and the Brotherhood n
Man." p
1t was a unique address for bust
IS meeting. DR.. Fineschrieber met d.