The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1922-01-13

when President j. T. Thc1..s and thu
dozens of others who control and di
rect the policy Of the Grenade Bank
and it numerous bra lches, came to-
lgether to talk over the, successes anC
mistakes of the past and to plan fol-
the future. 1t was a day when, al
the mariner ort at sea, they took
latitude and longitude. Fortunately
| the stockholders and directors of the
bank can truly say that they are sail
ing in placid waters ,and that they
have well in hand all the rigging and
machinery of the vessel and know
the port to which they are headed.
1t is indeed well for individuals to
know where they are, and whittier
bound. The trouble with the world
today is that there is no latitude and
longitude taking. Individuals too
often scout the idea of taking stock
of themselves; inventories Of what
they are thinking and of what they
are doing does not appeal to great
many. But no business has ever
moved successfully that did not take
stock; that did not ever and anon see
where it is at sea the course it is
travelling.
The Grenada Bank in the very first
days of it's history began taking lati-
tude and longitude; it began to see
whittier it was bound and to observe,
as the mariners do, the effect of the
winds on its course. The Banks
fixed and steady policy in this regard
has given its passengers, fguratively
speaking, confidence in it's captain
and other officers and has enabled
the Bank to steer clear of the rocks
and the reefs which have stranded
other similar institutions. Thus it is
today one of the banking giants of
the state; it is one of the largest and
most stalwart banking vessels afoat
on the economic and business sea.
The Grenada Bank set a precedent
in banking business. There is per-
haps not another such banking system
in the whole United States. 1t covers
a dozen counties; it serves a varied
interest, but while leaving nothing
undOne that would make the different
banks a success, it has properly re-
cOgniZed that the confidence and the
good will of the public is even more
important than the dollars of those
wao are usual4y. .%efiI.e.s leaders in
starting and operating banks. The
Bank has got the confidence and the
cooperative good will of the COM
munities being served by showing that
it is worthy of confidence and that it
has not expected, did not desire, to
prosper single-handed and alone. but
that it was ready and willing to take
of its funds to promote and foster
those things by which the general
public would be benefited and which
would tend to make a more enlighten-
ed, healthier, happier citizenship
which the Bank serves and which in
turn serves the Bank. This is very
nearly the Golden Rule in business.
1t is the live and let live policy.
President Thomas made the Grena-
da Bank the pioneer banking institu-
tion in promoting health work, gener-
al education, home science, better
cattle and hog breeding and diversi-
fled farming, things which are now
regarded as part of the fixed policy
not only of Mississippi but numerous
other states. Mr.. Thomas was far
seeing in these things. He is not sat
isfied to rest on what has been done |
but is still doing and it can safely be |
asserted that the Grenada Bank |
stands ready to promote anything |
that aids the general welfare of the /
public.
President Thomas report had a
most optimistic ring. 1t was clear |
and comprehensive review of the
Banks affairs for the year 1921. 1t
was message of good cheer and a
clarion call for his banking force to
buckle on the armor for bigger, great
,r and better things for the year 1922.
Y,1n hn 'c
Dfficiary to recognize the responsible
nunities and the sacred duties of
)ank leadership. 1t was a demand
'Or strict and exact accounting while
1t the same time emphasizing the
of man and the father
hood of God.
The assets of the Bank show near
v five and three quarter million dol
ars and the deposits over four and
million. The year 1921
vas up to the standard of the Banks
ecord in earnings.
Mr.. Ralph Parlette, of Chicago, ex-
man, lecturer and maga-
inc editor. was present by invitation
nd addressed the Banks officials and
he general public in the directors Z
OOuA VI IlC O01lh az Az sOV SAVNhS |
|. M. Mr.. Parlette was very happi- f,
Y and appropriately presented by
)r. Countiss of Grenada College. Just |:
receding Mr.. Parlette's address, two '
oung ladies of Grenada College fur i
ished some delightful vocal and in
trumental music.
Mr.. Parlette's subject was "a
lessage to bankers. He plead that
e had misunderstood what he was
expected to do. He said that he had
expected to talk to only few dozen +
usiness men and not to such a large i
nd intelligent body of men and wo- e
len. He expressed not surprise but Z
ratification at what he had heard 7
nd learned by hearing the Presidents
eport Of the Banks doings read, and
lated that he had been given a new :
lew of bankers and Of the banking &
usiness. =
Mr.. Parlette sought to emphasize =