The Marietta journal. (Marietta, Ga.) 1918-1944, 1924-07-24
BANK HAS CAPITAL
OF 100000 AND RE-
SOURCES 100000
Bank has Added Two Hundred
Thousand Dollars to its Re-
sources in Past Year

Thirteen years ago the Merchants
and Farmers Bank applied to the Leg
islature for charter, which was
granted on June fifteenth, 1911, and
the bank opened its doors to the pub
lie on June II, 1911.
Since the time it was organized to
the present day the banking house
has been the old building on the cor
ner of Lawrence and Cherokee SITS.
The first president to be elected
was B. F. Simpson, with E. C. Cur
ley cashier and R. A. Hill vice-presi-
dent. On the death of Mr.. Simpson
shortly afterwards, Mr.. Hill took his
place as president and John p. Che
ney was elected vice president to sue
coed Mr.. Hill. This staff of officers
carried the business on with such eff
ficiency and good management that
the bank made great strides. The
first directors of the bank were B. r.
Simpson, E. C. Gurley, r. A. Hill, j.
E. Motley, j. j. Hardage, Ase Darlez
and w. J. Phagan.
Mr.. r. A. Hill served as president
of the Merchants and Farmers bank
until he retired from active connec-
ton with the bank on January 1st.
1920. Mr.. R. E, Butler was elected
to succeed him and Mr.. Hill became
vice-president. Mr.. Butler served
for two years, being succeeded by E.
r. Hunt who is now president.
The cash capital of the bank is
fifty thousand dollars. The present
resources are five hundred thousand
dollars, two hundred thousand having
been added to the resources during
the past year.
The Merchants and Farmers bank
now has one of the best equipped
banking houses in this part of the
country and is better than ever pre-
pared to serve its patrons.
The present officers of the institu-
ton are as follows: E. r. Hunt,
president. He is not in active SER
vice with the bank, but is engaged
with Southern Mortgage Company.
Was elected president in 1922. Was
raised in Marietta.
j. d. Corn, active vice-president.
Mr.. Corn was born in Hiwassee conn
ty, Ga. Travelled out of st. Louis
and Cincinnati for fifteen years. Was
bank auditor for two years. Cashier
of Citizens National Bank, Marietta.
Was elected vice president of Mer-
chants and Farmers bank when the
two combined Jan. 1, 1924.
w. E. Schilling, cashier. Born
and raised in Marietta. Had posi-
lions with Marietta Trust and Bank
ing Co., Marietta, and Citizens and
Southern, Atlanta, leaving the latter
to become cashier of the Merchants
and Farmers bank in 1920.
K. A. Hill, vice president, not ac-
tive. Born in Powder Springs, later
moved TO Marietta. Tax receiver for
six years. First vice-president of
Merchants and Farmers bank, presi-
dent on death of Mr.. Simpson. Re
tired from active service in bank in
1920, made vice president.
The directors are as follows:
A. V. Cortelyou, vice president
Georgia Marble Co.
5. Grower, dentist in Marietta.
E. r. Hunt, president, not active,
Southern Mortgage Co.
R. A. Hill, vice president, not ac-
tive.
W. d. Manley, president Bankers
Trust Co., of Atlanta.
w. E. Schilling, cashier.
j. E. Dobbs, former grocer, former
clerk of court.
G. F. Hagood, doctor in Marietta.
M. D. Hodges, druggist.
A. A. Irwin, freight solicitor, B. &
o. r. r.
O. P. Reynolds, head of Golden
Rule Cash Stores.
II. S. Willingham, president Will
lingham Stone Co., of Atlanta.
Will Gable, contractor.