Putnam patriot., 1930-08-14

n,,n,iiss and packages while the GUS toner is busily engaged.
 Ofieers' Rooms
 To the right, as the lobby is en- tered. is an attractive and we'll ap- pointed ladies room. The furniture ,s upholstered in tapestry and velour. To the left is the presidents private ofFiee and conference room with fur niture upholstered in grain leather. Inst beyond, separated by a bronze rail and swinging door, are desks for inc treasurer and his secretary. These are not walled rooms but q mart of the main business section set od with rails and visible from the lobby. All of the swinging doors are made with Rexon hinges, preventing sagging. Tn the northeast corner is a smaller room which will be used for the present as a posting room. A large room on the second floor will eventually house this department.
 The security department is at the east end of the lobby. Here a 22- inch steel vault promises security. It ia 8 by IA feet and is one of the fin- est in New England. It affords the hank a Glass A rating, the highest possible rating against fire or burgla- rv. The vault is protected with the latest and most sensitive burglar alarm system known. There are ap- proximately 400 safe deposit boxes available to customers.
 Behind this vault is book vault; also three coupon booths and cou-l pom room, a mems lavatory, locker room and entrance to the basement.
 mexzanine Floor
 The mezzanine floor, west end, is used as a posting room. Keeping the light and airy and equipped with sub stantial furniture of a neat design. A hall. lavatory and toilet room oc- eupy the rest of the space. On the east end is a well appointed ladies' room, toilets, lavatory and also fire proof book vault for storing records. The largest room is to eventually be used as a posting room. Keping the records out of the basement of the building assures them being free from possible dampness causing must and mould.
 The lobby is fioored with Travert- inc, the vault with Tennessee marble while in the ladies' rooms, and the officers rooms the floors are of quar- tered oak. The toilets are floored with tile. All other floor space is covered with cemented lnoleum. The stairways are of iron and ce- ment, making them non-skid and fire proof Paneling and fixtures are in black walnut while gumwood figures prominently through the rest of the interior.
 The basement of the new building is foored with concrete. 1t contains a fire proof storage room and boiler room. An oil heating vapor system of modern type has been installed.
 Look 10 the Future
 A word description of the building is wholly inadequate. The modern istie style has been maintained with out and within. Those who see the interior, the decorative effect, the harmonizing color scheme the at tractive fixtures. the excellent light effect and the efficient arrangement for transacting the daily business of the bank will be impressed that the Cargill Trust Company has bank ing house that will serve it's growing needs for years to come. It was con strueted with the future Tn mind. Perhaps, eventually, there will be changes and improvements as new bank buildings are constructed but for many years the new bank build ing in Putnam will stand out among the finest in the country. While there are many larger banks there are nana Erar a,. hatfa. annotnfaa
 Bank Receives Charter
 November 9th. 1924, thirteen of the fourteen incorporators of the proposed Cargill Trust Company met the state bank commissioner in Hart ford to support their request for a charter, Following the hearing 1t was announced tat the charter would be granted. The incorporators were Byron D. Bugbee, L. M. Keith, George E. Dresser, Silas NJ. Vince lock, Louis E. Law, ]. F. Carpenter, George s. Bradley, Leon N. Walker, N. A. Ballard. all of Putnam, John F. Reardon. North Grogvenordale, Nathan D. Prince. Hartford. and pr. George E. Mcclellan, Woodstock.
 An organization was perfected " sNNfNAhtNt l2, 1924, the bank was opened for business on Union street in the for mer Thompson Savings Bank build ing with the following officers: By ron D. Bugbee, president; L. M. Keith, vice president; C. A. Boyce, who came to Putnam from Spring field. treasurer. It was announced at the close of the first business day that deposits of $200.000 had been received. The president extended best wishes to the Citizens National Bank saying that he believed the community large enough to support two commercial banks. Since this suspicious beginning the bank has continued to grow and expand.
 Evidence of Growth
 The bank was organizeo with paid in capital of sl00. 900 and sur plus of s50,000. At the end of the frst six months business it's earnings paid all expenses and were sufficient so that dividend at the rate of five per cent was declared to stockhold- CTS.
 The growth and development of the institution has been consistently steady. Its expansion in less than six years made q new banking house imperative to meet demands. It IS anticipated that the fine new bank l1. A