.... - 1 '
-vv 1 , - -
-THE CHARLOTTU EVEITHTG CIIuOlTICLU, .WEDNESDAY, APRIL 9, .113.
Chrnlru
f ; Subscription Price By, Mail.
PAYABLE
STRICTLY- CASH
'IN
v.-; One 'Tear.
.J J
;.; Three Months,,:
on
r w
.75
mnterea as secona-ciass matter as
r in oosiomce at narione,. v
& jr.- . . v - 5- '
TELEPHONES.
t,.'
rrcity Editor - .. 1....134
5 the horses by our carriers for 10 cents
Charlotte subscriber r'to "vThe
Chronicle who fall toN get the pa
per. are asked to 'phone 2831 and
a copy , will be sent them at once.'
WEDNESDAY, APRIL. 9,1913
T
Those testimonials from the corn
emission form cities are clinchers.
i Under the commission charter we
will have no more squabbles between
city boards.
;t
The "Three-King" bomb rebounded
and exploded in the ranks of its
throwers. -
The taxpayer and voter needn't ex
pect 'the politician to give up without
a bitter struggle. - .
The voters of Charlotte are, begin
ning to do a' little thinking on their
own acount and they are beginning
also to sit up and take notice.
Money that is wasted under the
present system of government will be
used to place permanent improve
ments in your section under the com
mission form of government.
None of the" active advocates of the
commission form contemplate running
for office. Can that be said of the
advocates of the new aldermanic char-
ter or of the present system?
The registration books close the
15th. It's mighty easy to put It off
and finally forget it, but don'tr It's
now or not .for years foT the commis
sion charter.
Most of our people are interested to
some extent in the tariff, but very
few are losing any sleep over the pros
pective" burden to be imposed by the
income tax.
government pay. for their permanent
improvements from current revenues.
The city- of Charlotte .under .the old
tiystem has never been able to pay cur
rent expenses with current revenues,
;as attest several hundred thousand
dollars of outstanding bonds for which
the city has nothing to show.
President Wilson is not only break
ing precedents, but he is establishing
some. Think of a President of the
United States, having a message to
Congress that can de delivered in eight
minutes! The chances are 10 to' 1
that that message wilt have more ef
fect than some of the Colonel's long
winded dissertations or President
Taft's equally voluminous commutfi-
r-f iTm:G-nor''AXD;coi:D.
'Some, of the opponents of the com
mission government are telling , the
voters of the city that the commission
charter1 to -be voted upon tot" Charlotte
is not a sure .enough.' true blue com
mission form charter; ; AwelP.knowri
lawyer,;. former, city, atto'rneyy in dis
cussing: the. matter with the. editor 6f
The Chronicle based his opposition up-'
on the fact -that the charter, is copied
from J other 'commission cities.'' - "We
should ;draw -our own charter to., suit
ourselves,"; he ' said. Here, you s are.1
Some' of the opponents of the 'charter
telling the voters , that the charter s
not similar to those which have'prev
en sd wonderfully' successful in.rother
cities and others kicking ;; because it
really Is simllaf. - . . s
As a matter of fact' the charter is
practlcally a duplicate ...of, - the J-.Des
Moines -charter, - which ha beenNcop--
ied ,bymore cities .than any other ;Va
riation of the original Galveston plan;
The plan provides1;, that all the com
mlssioners shall be fleeted at large
that is that every 'voter in' the t city
shall have a voice iin the selection of
every man. It provides that the- peo
ple themselves shall pass upon all
franchises and bond issues, thus very
materially restricting the power with
out lessenlng.the responsibilities of the
officials.. It 'provides for the recall so
that if the voters of the city' for ..any
reason decide that a commissioner is
not capable of reliable he can be tak
en out.- It distinctly specifies the du
ties, responsibilities and authority of
the commission and f each commissioner-
so that there can be . no dilly
dallying, delays and contusion regard
ig public affairs that demand imme
diate attention.
Under ttlH& .present system no official
of the city can clearly define- his du
ties and responsibilities. The form
is so cumbersome that a citizen with
a complaint or a suggestion, sometimes
.spends days and even weeks trying to
find out who is the right official or
board to take the matter up and often
she can find no one 'who will assume
the responsibility. Under the -present
form or the new aldermanic charter
an alderman is elected by a few voters
and he depends upon personal friend
ship and pull in his own little ward to
land him in office. He does not have
to go before the people of the city as
a whole and stand on his character
and ability. Under either of the 'alder
manic forms the people have no voice
in the giving or selling of franchises
and may have big debts contracted
without having the matter submitted
to them. ' -
The commission form as proposed
for Charlotte has never failed. in any
of the 243 cities that have tried it,
or they would have returned to the
old form. The aldermanic form has
liJ fli!E ffliJOlB CLOSGED iMlttS
v x ....
if
OPBW ID CATARR1 1 IWH
Stops 'Nasty discharge, Clears' Stuffed
riicad, lleais Inilamctl Air Passages
, and Ida j. Breathe .Freely. ; 4, ,V . t
Try . "Ely's Cream -Balm "--.v ' '
Get a small .bottle' 'a.nyway,ust 'to
try -It-rA'pply a little in : the "nostrils
and instantly your "clogged noseband
kstopped-up air passages of the v head
will; open; you .will breathe -.freely;
dullness - and headache disappear.
By .morping"!,the catarrh ."-Cold-in-head
or catarrhal sore throat" willC be
gone.. - i , ; ,v - ;:. "7.
,End such . misery ,now - - Get the
small bottle, of -"El-'s Cream Bairns
at .any drugi store. .Thls gweet, frsL
grant , balm .dissolves by trie,', heat of
the "nostrilsjienetrates and . heals- the
inflamed, swollen membrane-"' which
lines -the nbse,"- head , and ."throat;
clearg the 'air' passages!" stops ,1 pasty
discharges tand a, feeling of, cleansin
soothing ."rehe v,- cornea immediately.
' tRjn lafawake' tonight' struggling;
for breah,J with- head-stuffed; x nos
trils, closed, "hawking and blpwing.'
Catarrh; or la, cold,, with ' its' running
nose, f oui, nyicoUs dropping "into the
throat, apd'rawc' dryness distress-?
ln- but-tru'Iy neediess. r .
" Put your- - faith just- j'once-in
"Ely's ; Cream i-Balm"Nand .your C cold
or-.catarrh 7wili surely 'disappear. ,;., .
' ,-" ' ' ' v -" r-,! - ' , ' Advertisement
failed, in Charlotte and in , hundreds
, .7 A of other cities and is being abandoned
'ities under the commission form ofl; -', il ,7. " . c
. - . . . 1 bv ait cities that 'are not boss-ridden
-eminent, nav for their nrrranTt rif.- A M .... . v
'alfa rbn abeoluteiyby the poHtleians.
The politicians are against the com
mission form. as a matter of course.
The taxpayers- Of the city and -those
citizens" who- arc interested in the eco
nomical administration and develop
ment of the city a?e for it as a matter
of course.
cations.
Pittsburg, Detroit, Cincinnati and
other cities ha't have been graft-rrld-den
and disgraced by exposures t of
corrupt practices have been under
. the aldermanic form of government
with large boards of aldermen. It is
' easier to keep tab on a commission
of three than on 45 . members of sun
dry boards , and under the commis
sion charter, a man can be yanked out
of office by the recall if he shows
ether incompetence or any inclination
to abuse ' the power that is , centered
In him. - - '
-. One of the strong points of com
mission government In all the cities
that have tried it is that all the peo
. pie have a voice in 'the selection of
every commissioner. Under the al-
dermanic system each voter casts j and' playgrounds
oauoi ior one or two aldermen and
he is helpless so far as the other al
dermen are concerned. Candidates in
- other wards may be thieves and rob
bers but he can do nothing. Atid
l. then after the election he can look on
-and see the city "wrecked hut ho'
helpless. This Is not true under th Y Th6 mo8t vlolcnt and wtlv
PARK PLACES.
' As the city grows the subject of
parks and playgrounds for children,
and open air spaces for the whole
population becomes more -and more
Important, and more and more diffi
cult. It seems a pity that the city
should have lost tfie Opportunity to
get possession for park purposes of
that little triangle of land on East
avenue now occupied by the new Asso
ciate Reformed Presbyterian Church.
It certainly looks as thought the old
cemetery back of , the First Presbyte
rian "Church might be opene up or
namented and beautified and used as a
parkas well as a graveyard;
Over .n Seversville there is a little
triangle" at the junction of the Alexan
der home and the Seversville road that
certainly ought to be taken possession
of and parked. If left out it will be
nothing ut a dusty roadway, and
there is plenty of roadway , left If it
should .be taicen and parked.. Vance
Park and 'the balance 'of the govern
ment mint property might be parked
to great advantage; r , v
At other points jn the city there are
little spaces not now taken care of
that might well be dedicated to. parks
For "instance there
Is a part' of the waterworks yard.
There seems . no reason , why this
should not) be -fitted up and turned to
the use of , the people, except what is
necessary for .th waterworks.
MR. SCOTT A MEMBER
v ACCOUNTANT BOARD
Charlotte Man Honored By Ap
poiniment To Office wjiictf ;:
LeQislafore Created
The last Legislature enacted a lew
creating a State board of .accountancy,
to be composed of four members, ap
pointed . by the Governor," three of
which shall, be pubic accountants and
one an attorney. According to a Ral
eigh dispatch the Governor has ' ap
pointedas one of the members, Mr.
G. G. Scott of this city, who is a wide
ly known accountant of the State The
other members are Mr. Jf. D. High
tower of Greensboro, Mr. M. R. Lynch
of High Point and Mr.' David Stern
of Greensboro. ' '
The purpose of this commission . is
to examine applicants desiring the de
gree of. C. P. A. (certified public ac
countant) and - authorize such as may
be qualified to practice the .prof ession
in the State. The law is a. very im
portant one, and has the endorsement
of the American Association of Certi
fied Public Accountants, representing
about 2,000 members throughout the
country. ' -
The profession of a public account
ant is being recognized by the busi
ness world as one of our most import
ant professions.
There are very few business men
that do not'now require theU books to
be auditod and examined by a certified
public accountant, as well as munici
palities, counties and other public'In
stitutions. -.
ANNDAt INSPECTION S
- OF FIFTH COMPANY
Local Militia Visited Yesterday
Z By- Hifluerf bHlclal; 01
State. Guard :
Could Not Sleep on Account
nf Kitfnpv Traiiblft it
4, s
1 have been a resident of Couders
port for thirty years- My age':isi52,
and I wishtQ. testify to the wonder-;
ful results of the use of Dr. Kilmer's
Swamp-Root. v;'T' have used it off and
on in my family for the past twelve
years, and always with immediate
benefit. -
About - two years jagb my - husband
had a severe attack of kidney: trou
ble, was unable to sleep and suffered
great pain. Could 'eat no ;breakfasr
and became very ''thin in fieSh.:. After
he had taken half- a bottle pf Swamp-'
Root, he felt much better. The" pains
in his back left, him and his appetite
returned. I have - never doctored
with the' doctors because of my faith
in Swamp-Root.
I heartily recommend it to anyone
in. a run down condition from trouble
with the kidneys. ;
Yours very truly, '
MRS. JAMES MORAN,
Coudersport, : Pa.
On this 22nd day of May, 1912, be
fore me a Notary Public? In and for
the County of Potter, and State of
Pennsylvania, personally appeared
Mrs. James Moran, to, me well known
and in due . form of law, made: oath
that 'the above' and foregoing state
ment is correct and true.
Witness my hand and Notarial seal
Arthur D. Mann,
Notary. Public.
- CaptiyThomas Striijgfield, inspector
generai for the State, of ..North , Caro
lina. Capt. C, F.; Harris of the, ord
nance office -connected with the "Unit
ed States arsenal at Augusta, Ga., and
Capt. A. Gxxig, inspector-instructor for
the coast aritllery of orth Carolina,
with headquarters at Raleigh, spent
Tuesday in the city 'on the annual in
spection of the Fifth Company, Coast
Artillery Capt, W, M. Robey in 'com--mand.
r "v .
' During. the day the Various scientific
apparatus'; used in range-finding, fire
control, etc;, in the coast defense,was
carefuly inspected by the offieials and
last, night at 8 o'clock theofflcial in
spection of Captain yRobey's- company
there being a good attendance! of the
members of " Company 5,, Coast Artil
lery. ' .''f'
The inspection of the apparatus for
fire control was in charge of Captain
Harris of Augusta, whjle Captain
Grp.ir 'insnecteH the property, of the
company and at night the personnel I
Last Chance to See the. .Great 'Pic
. - iture ,J v. -'
4 From the Manger tofche
Cross" .
N In order to haver very one;, In the
city see it, the price for today will be
10 CENTS AT ' THE, PRINCESS
of this company; while Captain String
field appeared as the official, represen
tative ofthe Stae Of?North, Cjarq-f
Una.- . i- s." i , i - ." "
. -The Inspections are beingr-conducted
on a, very , rigid and thorough ba
sis each year and the men of the lo
cal coast, defense,, are .well satisfied
with the-manner in which they emerg
ed -from the 'rather gruelling tactics
and- the Inspection which, they under
went Tuesday night at' the armory in
the Mint, building on'. "West , Trade
street; v f , vft..--;; 1
ioiw aoi COTOSE r
V v NOW BEIlta BUILT
Work has "begun tonthe cohstrtiction
of;he ftw;.J8-hole' golf course at;the
Mecklenburg Country Cfuh. ,The first
work" isj?eing done on the present "nine;
holes which are being ; revised so ' as
to "ifit in harmoniously , with the , new
nine. upon- which- construction ..will
start as sooriVas this is completed. The
mapping out of the course was done,
by. Mr.'-Donald Ross of -Plnehurst,
"who Is regarded as one of .the most
expere golf course .builders in tne
country. - ,TSie Interests" controlled - by
Mr. Paul Chatham are having the, con
struction in charge andthe greeps
committee of, the cluh is also lending
supervision to the work which,,- is a
guarantee that'tne new course will be
one of the- handsomest . and, best "ar
ranged,. In the South, k - ' -V
3,430.54
32,750.00
REPOlCT OF" THE COXDITrpN pFTHB
American: Trust Coptpany
at CbarloTie. m the State of North Car-ollna;-at
the close 'of business.' April 4,
1S13. -- 1
'usisnnncEs; ' DOLLARS.
Loans and discounts.." .. :..V.166T,513.0
Overdrafts secured.. ,. ..
All '.. others stocks, bonds and
mortgage8i . .
Demand loans on cot- ''
ton.. ..j. .....;v ..$26,299.77
Due from banks aud , - ? J .
bankers '7 . ..121,238.37 A
Cash items., .... .27,315.34
Gold coin. 240.00 rx ' -
Silver coin; , Including
'7 all minor" coin- cur-. ' v, ' ' t 1
rencyi..--.. '. 8.374.K
National bank t notes . '
And other ,U. S.
' notes . ; : . ,44.916.00- 228,386.73
: l TO HOLD MELTTING ' TONIGHT
yr -, ' - --1 1 : -. , ; - .
:- The conmisslon; chdrter committees
will . hold" an ' important meeting to
night r in the . offices ; of . the Parlter
Gardner - Company on West Trade
street. number of "matters of .busi
ness interest are to. engage the atten
tion of the cbmmittees in going'' about
their respective duties and it is. urged
that, as many. as can "poiBlbly attend
be present for the: work of the even
ing, v The f act - thaOtKe campaign is
so short lived .the duties in which the
committeemen 'are ; involved demand
Instant.-consideration: - -v " ''
; -v Cough Medicine for Cildit. ?i
4 Too much care cannot be .used in selec
ting - a cough medicine .tor. children. ; It
should he pleasant to take,, contain -.no
harmful substance and be most effectual.
Chamberlain's cough Remedy meets these
requirements and is a, -favorite -with the
mothers of young children "everywhere.
For ,eale,, by all dealers.": : , j - .
REPORT OF THE CONDITION OF THE
;' 'Union National Bank, V
ai Cbarrottd 'in'the' Stat of North Car
- olina, at the close of business, April 4,
M913-' V
RESOURCES. . DOLLARS. -
Loans and dlscountSi ; . v.. 689,259.54
Overdrafts," secured and -unsecured..
",U. S, bonds-to secure circu-
lation.. s. .. ..
'; " V - Begt' f or . Sldn Diseases
Nearly every skm disease yields
ly rand permanently to 3ucWn' ArS
iHuve, , ana nowmg 4. u pener- for bunJ
or v. onuses. ; soomei ; ana heals. j0k; 1
LHrve. of (lowin. Mich.. Bff..
feting tWa . years with sku n"ttI'
and spending $400 in doctors bUls BuS
len's. Arnica, Salve cured him. It
neip, you. - omy Z5c. Recommended
Woodall Se Sheppard. !i
REPORT OF THECONDIT-Or OP Tw
tonuneraai neoonai bank
at Charlotte, In the State of North p..
1913. c v-;. , r -
64.29
100,000.00
6,0COCO
REPORT OF THE 'CONDITION 4OF THE
Southern loan & Savings Bank
at CharlottV'infthe tate at Jorth Car
Letter to
Dr. Kilmer & Co.,
Binghamton, N. Y.
commission charter.
fS' ' : . - 4
' , It's a pretty safe -proposition that
''.'iriltK.i.n. j. . .
s viv"nc i. iiui going to vote any
more bonds except for school , pur-
, poses, ai pas already been demon
strated that under the present system
j of government there is bo much waste
" that it is imnotsib1 n,miit.
Me . .... . - V . . . v
-i,nues. . On the other hand the cammfi.
sion ' cities have demon
?sniial forfift fhdf thov An.
,provements : from
, and reduce' the tax rate while doing
. r . . w nn . win . ine i vumm 11 nn. rnf
-"'.'The opponents' ot!; the "commission
" form v are ? tellittsr ' the votr -
:tain advocates of the commission' forni
- - " : m m m a. i r.t-. Ml. . - ' '
i wno nave, been menuonea have, stated
emphatically that they'wcruld not coh-
' slder, being candidates', The editor of
The' Chrdnicle 'has heard only ' two
' names mentioned- m aaamoft-to the
" IT' - . J .
?ibpve ,and4for-.Ub:Utf..oXihim; ;he
doesn't know" whether th&se two men
ft?e'for or. against 'the , s commission
I
nents of the commission form of gov
ernment for Charlotte are men who
are wanting an office under ihe pre.'
ent form or the new aldrman!c form,
Benjamin Franklin warned Ihe people
of thfs country scores 1 of yar td
beware , of :jthe.man with fkn td
grind.-f " i '
i i, The commission fOrm of g(rvtm
ment transfers' the rtp t goyttrn
ment from the pdliticians ta thQ peo
ple and '; Puts the responsibility and
power of administration on a pedes,
tal where'.lt can be watched by all,
-' Straight at it.
- There is no use of our. "beating around
the" bush." We might as well out with
it. first as last. ' ;We want you to try
Chamberlain's . Cbugh Remedy the next
time you have a cough or cold. There is
n reason so far as we can see whv vou
S should not flo so, This preparation by
Its remarkable cores "has gained a world
wide reputation, and- people everywhere
speak of it . in the. . highest terms of
praise.v.For sale'hy all dealers. . ..;
Last Chance
to See the Great Pic
ture
ITrom n the.JIaiiger to the
Cross" j
. . . , . . 1 i
-: In order ! to havei vcry bncj xini the
rftv it. the nrice for today w ill be
.t9czxTs at jam. rRixcF
Prove What Swamp-IWot Will Do
- For You.
Send to Dr. Kilmer & Co., Bing
hamton, N. Y for. a sample bottle.
It ; will convince; anyone; You i will
also receive . a booklet of valuable in
formation, telling "all about v the. kid
neys and bladder. When writing, be
sure and mention Thev Charlotte
Evening Chronicle,. Regular fifty
cent "and one-dollar size -bottles for
sale ,at all -drug stores. j
' . Advertisement.,
olina, at the cTose iefbslness April 4,
RESOTJRCES. ''v, "DOLLARS.
Txans and discounts 1. 345,827.15
All other stocks, bonds -. and
mortgages.. ... .4 .. .. ....
Banking houses. - furniture and
... fixtures 1 .:. v,
DHnandoahs.. . '.. i. ..'
Iue from banks and
bankers;. .. .35,225.47
Cash items'.. ." .. 5.31
Cold coin... .. 25.00
Silver coin, Including all
minor coin- currency . 9$i45 .
National bank notes and
other IX. S. notes..:... 450.00 35,801.23
Total.-, , ...,1,932,OS0.87
LIABILITIES. . ' DOLLARS.
'Capital stock paid in . ...v. . . . . . .$ 350,000,00
trndivided promts, less ' current j
expenses and ttxes paid...... 2ol,623.74
Dividends unpaid.';..... , . 37.34
Bills, payable..'. '. .-. .. ....... 50,000.00
Time certifleatea' of
-deposit.. r, ..$ 169,915,95
Deposits subject to ' "; . ,
- check. M... 1.067,104.21
Due to banks and , ' -
. bankers .1 .... 37,466.99
Cashier's ' checks
standing...;... 5,973.39
Certified checksii..;. 59.25 1,280,519.79
14,046.75
1,500.00
42,886.62
Total;.;; .... .... .... 440,061.75
LIABILITIES. DOLLARS.
Capital stock paid In .... . ..S 50,000.00
Surplus fund.. 30,000.00
Undivided profits, less current
expenses and taxes paid. - 21,739.94
Time certificates of. deposit.
Demand certificates
of deposit.. .. ..$ 40,955.82
Savings deposits; 245,039.47
Cashier's checks out- . r
standing.. 663.61
Accrued interest due depositors
50.000.00
286,658.90
1,662.91
- Total.. .. ,. .. .. ., 440,061.75
State of North Carolina, County of
Mecklenburg, . ss: -
I, W. L- genkins, Cashier of the above
named bank, do j solemnly - swear-, that
the! above'istatement is true to the best
of my knowledge and belief.
W, L. JENKINS,
... . Cashier.
Subscribed and ' sworn to before, me,
this Sth day of April," 1913.
THOS. C. HAYES,
, . Notary Public.
Correct Attest:
T. W. HAWKINS, . ,
W. S. ALEXANDER,
J. A. BELL, .
- Directors-
ma
How Much
Milk Do
: ". ai" : ; - '.if ::
Yotf Drinh?
, , .
And- where do you '.'buy your
milk? 1 1 f
Two vital N questiohs, as both
have to do with, your good; health.
The "solution . is drink at least
"A: Quart-a-Day".. arid buyjromta
modern, sanitary-, dairy.-
Any -honest doctor will toll vmi
A- Quart:a-Day" isn't too much
and any one of our ' Customers
will tell you of the purity of
Klrkwood Milk.
..We sell every drop of our mik
to . our ' ' - individual - customers.
None sold to other dairies, J
lllRliWOOD DAIRY
T
REPORT OF "THE CONDrnON OF THE
; Independence Trust; Xo. ,
at Charlotte, In, the State of North Car
olina; at the Close of business, , April 4,
"RESOURCES. DOLLARS.
Loans and .discounts'. . . ..j 801,876.36
Overdrafts secured,. ?447.21; un
f secured,. .. ;. .. .. .. ..
Banking housesrJ335P894.19; -fur
niture and, fixtures, ?9,303.i5o.
Air other real estate "owned:-. .
Due from banks "and
447.21
345,200.54
,. 1,000.00
bankers .'
Cash Items,. ....
Gold .coin..,,.:
Silver coin, includ- v
ing all minor coin
currency r. :i -
National bank notes ,
and other y. S.
$158,842.31
299.12
2,000.00
.5,592.52
12,06.0fr 179,639.95
.LS1,3S1,164.06
DOLLARS.
500,000.00
- Total . . ' ; ;" .. . . ,
LIABILITIES.
Capital' stock paid in. ..
Undivided fProfits; less curreit' 1
i expenses?" and taxes paid.... , .... 131.9S2.13
Banking'. Kouse honds,. ,.,,.,".''.125,000.00
Time-' certiflates of "
' deltosit ..v. ...'.$146,242,184 - "
Deposits- subject to - -
check;.'.. . . ... 353,404,60 '- . "
Due - to banks and - -
bankers.. A . ... " 74,303.60
Cashier's checks out- '-';'"
--standing..... ; ''171.55 574,181.93
, Total..-.. fc ... .. .. $1,932,080.87
state, of North . Carolina, County of
Mecklenburg: ss:
I, . W. HI Wood, Treasurer of the
above-named band, do solemnly swear
that the above -statement Jsf true to the
. W. H, WOOD,
v' 1 - . Treasurer.
' Subscribed and sworn to before me,
jthis 8th day of April 1913.
- ;. v.' .... 11. ixax X XI,
s, .;,-. j Notary Public,
Correct- Attest , r ; '
v'. O -W.. S.-LEE.
.4 A., J. DRAPER, ?.
; j. n: jtcausland, .
'f' '."""'" .'-n 1 " --Directors.
- TRUST DEPARTMENT.
Trust funds uninvested.. .. "..$; 2,2869
' .u ' ' - ' INVESTMENTS. .
Mortgage notes and bonds. $1,044.15630
Other securities.. '.. .138,747.32
Real -estate .". -228,537.50
Personal property.. .. .. f. i... L749.00
Total. i v,
.'. . '$1,413,190.12
1,000.00
. 3,500.00
22,40.12
1.337.U
REPORT OF THE CONDITION OF THE
Merchants & farmers National!
Bank
at Charlotte, in the State of North Car
olina, at the close of business, April 4,
1913.
RESOURCES. "DOLLARS.
Loans' and discounts.. ..' .. .r. $1,193,590.85
Overdrafts, secured and unse
cured.. ..." .. .. .. 125.70
"U. ' S; bonds to " secv-3 circu
lation., .. .. ...... 2oo,ooaoo
U. S. bonds to secure- u. S.
deposits
Bonds, securities, etc.. ,.( ...
Banking house, furniture and
flxturesj. v. .. . '.. T...
"Other real estate owned
Due from national ; v
banks (not reserve
agents. . . . . ... ., .$ 70.040.S3
Due 'from 'State and ,
.private banHs.and
.bankers, ' trust .
companies and sav- . 1
ings banka.,'.. ,. 44,881.22
Duo from approved -reserve
agents..,',...
Checks - and toiher
cash items., v, ",,.
Notes of other Na
tional banks". w
F r a c t i o nal . paper
currency, nickels
and cents-.. ..
Lawful money" . re-
f serve in bank,vis:
Specie.. .. .. .. .. ..
Legal-tender -notes Jr.'
R e d e m p tion- fund
with . U. 8. Treasy
(.urer (5 . per cent of '
", .circulation) . , . '. . .. .
98,858.18
10,019.19
r,550.00
" 237.07
39,911.00
5,000.00
r
Other; bonds to secure' postal
Due 'from National v- :
. banks (not reserve '
-agents).. ; ...$51,960,34
Due from State-and ,
private . banks ahd '
bankers, trust com-' v
panies. and . savings ,
banks 19,841.78
Due from approved
reserve agents.. "... 71,457.97 "
Checks and other
cash Items..' .. ... 3,587.88
Notes of other Na
tional banks .. ;. .. 1,700.00 -
Fractional paper cur-
rency, nickels : and .,
cents.. ... 137.25
Lawful money re
serve in bank, viz:
Specie.. .. ..$9,226.50 :
Legal-tep- - - .
dec notes.... 10,000.0019,226-50 132,911.72
R e d e m p tion " fund ,
with U. S. Treas
urer (5 per- cent
Of circulation)., ... - 5.000.00
otal. .. .. .;...$ 968,235.55
- LIABILITIES. . " DOLLARS.
Capital stock paftl in., i. $ 100,000.00
Undivided profits, less ex-'
penses and taxes paid 77,906.41
National' taok notes outstand
ing.. .. a,
Due to other Na
tional banks . . $ 1,24.
Due to State and pri
vate banks and
bankers.. .. 3,160.43
Individual deposits .
subject to check..... 433.36L65
TUne certificates of .
of deposit.. .... ....139.215.75
Cashier's checks out- -standing..
4.246.87
Postal savings " de-'
posits. . ., .
Bonds borrowed.- .- .. ..
Bills payable. ' including certifi
cates of deposit for money
borrowed.. :. .. .. ..
Liabilities other than tbooe
a-bove Stated, interest due m
..". 100,000.00
j, law. , v
. RESOURCES
Loans- and discounts;
Overdrafts,, secured . and unse-
' cured'.. .. .;
TJ. S. bonds to secure oircula-
. tion,.
U.- hS.' bonds.;, to ; secure U. S.
, deposits,. '
Premiums on "cU. S. bonds
Bonds, 'securities, : etc
Banking house, furniture and
, fixtures. .".
Due ;! 'from : - National
banks - (not ' reserve
agents) . . . . .$56,'S66.12
Due from " State and ..
private banks and
bankers, trust com-'
panies and savings .
banks.. .. . 68.941.69
Due ; from approved.
- reserve agents......'. 83,779.95
Checks and other casa
Items..... t. :. 14,659.93
Notes - of other Na- -
tional banks.. 10,000.00
Fractional paper cur-
rency, " nickels " -and -
cents' .. .". ..r 510.00
Lawful money reserve
in bank, vis: '"
Specie.-. .. 74,786.60
Legal-tender, notes .. 10,000.00
Redemption fund Hth
U. S. Treasurer (5 k
per cent of , circula-
Uon).. .v .. ... .. .. 26,000.00-
DOLLARg
96.j
5W.000.OJ
:;.'joo.w
300.81 j
S72.224.7,
.25,0
354,534.11
Total.'. : .$3.118,OOWJ
LIABILITIES. ' DOLLARS.
ex-
fioo.noo.oo
100,000.01)
30S.149.47
500,0M.
9.33 58238.12
, 009X0
Capital stock -.paid in .. .
Surplus fund...... .. .. ..
Undivided profits, less
- penses and taxes paid.. ..
National bank ' notes outstand
tog -v'
Due to - other Na
tional banks .. 15,696.91
Due . to. State and
private - banks and
bankers.. .. ... ... 44,320.31
Due to trust compa
nies., and savings '
banks.. .... ... ,.. - 567.99
Individual deposits
subject to check.... 804.32S.55
Kbemand certificates
of deposit.." .. 15,000.00
Time certificates of
deposit.. ., 1. . 427,623.27
Certified " checks . . -. ;, 1,087.6S
Cashier's checks "out
standing.. .. ;. . . .. 1,225.85
United States depos-
' Its.. .. .... 50,000.00 1,359,858.57
Notes and bills red is counted 150,000.00
Bills payable, including - certifi- "
- cates of deposit for money -
borrowed.. .. .. .,
Liabilities other than those
above stated.. .. .. ..
certificates.
" Total!? -lV"1-- "-- - S.2355
State ot-North Carolinai -Xounty ,ot
i Mecklenburg, ss; . ''
j; D.-P.TUlett, Cashier of the
above-named "bank; do solemnly swear
that' the above , statement is true to the
best of my .knowledge and belief.
- . " ,,. . - , D. P.'TFLLETT,
,'r ' . - Cashier.
Subscribed " and sworn - to before me."
this 8th day of April, 1913.- '
THOS. C. HATES,
Notary Public.
Correct Attest: t
T. W. WADE, . f- i
E. D. LATTA, JR., - .
H. M. VICTOR,
F. D. ALEXANDER
' . I Dbrectors.
50,000.00
150,000.00
REPORT OF THE CONDITION OF THE"
First- National Bank
at Charlotte, in the State of North Car
olina, at the close of business. April 4,
1913. - " -
RESOURCES.' DOLLARS.
Loans and discounts.. .. .. .. ..$1,571,009.84
Overdrafts, secured and vtinse-'
cured.. A .. ...... ........ 1,405.70
U. S. bonds to secure circu
lation.. ... ... . .. ... .. .. 300,000.00
Banking house, furniture and
fixtures.. .. ,. ..
Due from national
banks (not reserve
agents)... ...... .$ 19,362. 4
Due from State and
private banks and
bankers, trust
companies and sav
ings banks.. Z '. 45,125.79
Due . from approved
reserve agents . 56,973.95 ,
Checks and other .
cash items.. .. 9,558.45.
Notes of other ..Na
tional banks: . . . . 23.3S9.C0-
Fractto nal paper
50,000.00
Total., ,. .. .. ....$3,118,008.01
State of North Carolina- County of
Mecklenburg, ss: , j. "
. I. A T. Summey, Cashier of the abov
named bank, do solemnly swear that tht
above statement is true to the best of
my knowledge and belief.
; A. T. SUMMEY,
- "''? . 'r V ; 1 t -Cashier.
' Subscribed and! sworn "to before m,
this 8th day of April, 1913. 4 ' "
V THOS. C. HAYES.
- r-.y -Notary public.
Correct Attest i "" -
J. A. C WADSWORTH,
WILLIS BROWN, '
,L, W.,ANDERS ,
i 1 R. A. DUNN. ; .- "
; , lA. G. BRENIER
. i ' Directors.
9
...
1,685.50
224,000.00
i,ooaoo
1,619.08
16,000.00 275,497.49
Tptal.. ... v. .. ..
LTABIL3TD3S.
Capital, - stock paid in . ; . ,
Surplus, fund.".
Undivided profits, ? less
"penses -find taxes paid. .
TataX:.:? :: l,J .1 A. $1,381,164.06
State v" of iNorth Carolina, -' County of
Mecklenburg,1 ss:, " - - - , :
,'.L E. O.Anderson, Cashier of the' above
named, bank, do solemnly" swear that the
above statement is true toN the beat of my
knowledge, and belief... " i;1 -s .
National ' bank notes outstand-
Hss? 9:4 - tttp,j-.f if- 1
Due to other Na
tional banks., ....$ 142,266.83 '
Due to- - State .and
vprlvate banks andv,'
.bankers.,.:...... 79,735.24"
Individual deposits .
L- subject, to check . . 606,240.86
Demand certificates
of deposit.-... 268,734.24 v
Certified checks 543.33 .
5ashiers checks out- '
standing,. -':v .... . 701.70
United States' depos
its, .-. : . , " it . , , i.. . - J.000.00
Bills' payable, including cer- ,
tlflcates of deposit for money '
' borrowed,,
Reserved fo accrued Interest...
. 4l,697,458.27
DOLLARS.
., ..$ 200,000,00
.... 200,000.00
ex-
24,297.12
200,000.00
A
Cashier;
me,
Subscribed-, and '-sworn- before
mis 9m ua,y. or. April, ., i
, THUR4AN B." LONG, '
?-.,,( - 9JJotary; 'Public;
.Correct Attest;.
ifsit-, Jj v A-a.ABERNETHT,.;;, ' -,
999,222.20
70,000.00
3,938.95"
Total..-.; r.$1.697,45$.7
State of Northl Carolina, -County of
? Mecklenburg, ss: - -" .
I, W, c.i Wilkinson, f Cashier 'of the
i above-named - bank,' 'do solemnly swear
best of my knowledge-and' belief. .
, ,vv- C WILKINSON, .
. ' ,-. ' 3 ' Cashier.' :-
Subscribed and sworn to "before me,
this &th day, of April, 1913. - --
" V ".-BAXTER ROSS, ' '
i l . , -.Notary public.
Correct Attest; C ; , . v..-. ; k,t. -
.w. -p. nnwn. - v
currency, - - . nickels
and cents., ... ,. ...
Lawful money re
serve in bank; viz:
Specie.. . ,. ..
Legel-tender notes I.
R e d e m p tion fund
" wlthU. S. Treas
urer. (5 per cent of. r
431.35 -
f
a1.2db.00, -
5,000.00
A:
15,000.00 ' 206,041.03
- circulation
Total. J.. .. ..
LIABILITIES.
Capital stock paid in.;
surplus runa., . ..
Undivided : profits, ' less . ex
penses and taxes pald.;-r.. v4- 306,524.82
. ..$2,128,456.57
DOLLARS.' ' '
.,-..$'300,000.00
poo,ooo.oo
National' bank notes outstand
ing.. ..-... ; ..
Due to other Na- ; -tional
fcanks . , . . . .$ 32,267.20
Due to State .and ." ,
private -banks -Md ,l '
bankers..; ;. 1,630.40"
Dividends unpaid..'... 125.67
Individual' deposits - i, 'A
Subject to check. r-, 456,727.57 - .
Demand certificates -t
r of deposit...: ,..,v $.378.75
Time . certificates ' of v " - -f
deposits.. .. .. 418,486.16
Cashier's' 'checks out-' s- '
- standing 4,316.00-.
Bills payable, including frtlfi- "
cates of deposit -tor rootey -
300,000.00
f
borrowed
'
921.931.75
2o6,bo6.x)
4
j Total.. ,k .. .. $2,128,456.57
State of. North- Carolina,' County - of
..Mecklenburg; ss:'-
, L Henry M.-McAden, President- of the
above-named . bank, v do solemnly, swear
that the above statement Is true to the
best of my knbwledge and' belief. ; ' -
I HBRY M. M'ADENr Xl '
, -.f -ri v. , , - - PresidenC "
- Subscribed and - sworn..? to"" before me,
this, 8th day of April, 1913. f- ' ; -
- ' --r.i c; wallison, r
, .,(, Notary Public.-"
Correct-Lttest: ; . v j( 4 'y-.
C. A. WTT.T.TATtra -
REPORT OF THE CONDITION OF THE
Charlotte fiational Bank
at Xhatiotte," in .the State" of North Car-
'iolinav! at . the close of business, April i
" RESOnRCES. . V ' -' , DOLLARS
Loans and discounts, .. .. ..$1,52018.4
Overdrafts, secured and; unse-
.. cured-. .. -'i . -! '. '....
XJ. S. "i bonds to . secure i circu
lation.. .-N-. .... .." ..
U. S. bonds .to seeursVU. S.
deposits., . .. ,ijr;-...
Banking houses furniture and
fixtures..
Due '. -from National
banks (not' t reserve - i ; .
agents). v .,.$98,558,72
Due from State" and '
private ..banks and -
; bankers, trust com-
-panies 'and "savings -
banks. . ; ... v , . .V . , 73,156.70
Due - from ' approved
reserve agents .... 83,545.49
Checks , and " , other
.cash items.. 23.414.i9
Notes, of ; Other. Na-
tional banks.. ... ,10,66OO
Fractional paper cur- '
rencyj nickels . and
" cents. .. .. ...'. ' 327.t '
Lawful -. '.money v to-
serve in bank, viz: . ;
Specie.: ., .. ... 77.40o.00
Legal-tender rtbtes.. ; -20,000.00
Redemp tion fund s '
with U. S. Treas- - -,
urer . (5 i Pr. . cent . ' . .
Of circulation)..... 11,200.00
toui.. .. $2,146,895.11
'LIABILITIES. ' DOLLARS.
Capital-stock paid In;. .. ,,,....$ 25O.00OJ
Surplus fund.. .. li .. 100,OWW
Undivided profits, r, less ex-
' penses and taxes'paid.. : ; . .... 72,09-
National . bant note outstand
ing.. 224,000.0
Due to "other Na-
." tipnal , banks . 1 ..";.$ 13. 772.59
Due to State and prl- ;. 1 "
vate' ' banks v. ''and
- bankers;,.. ' 36,355.04
Due !(to. "approved re-"
serve- agents. ." . fc. 9,431.21
Individuals i; deposits '
subject to check.. ,..826,452.33
Demand - certificates
. of: deposits, : ..884,599.37
Certified checks........ 93.22
Cashier's checks ' out- . ' '
-, standing. . f V; . . . . .' ' 83a83
United States depos- V ' -
its.. -:-. 1,000.00- 1,274,834.9
bonds borrowed, .., 3O.000.W
Bills 'payable... including certifi-
cates of deposit for money
-borrowed " 185.M0-J
Reserved for interest ; accrued . . 10.967.W
..$2,146,895-11
01
County
State - of North , Carolina.
Mecklenburg; ss; , .
" L WH- Twitty, Cashier of the above
named v bank, do solemnly swear tnj
the, above statement Js; true to the besi
of my knowledge . and . belief.
.-.-"t ,f W,-H. TWITTY.
i. :r,,r , I Cashier.
Subscribed T arid sworn to before
this 8th day, of April, " 1913.
; . - ,L St-'-1" . ,THOS. C HAYES,
.Kl'-iZ:- Notary PubliCi
CorreatAttest :'','!., 4
W, H. BELK,
'W. jr. CHAMBERS.
GEO.. P. WADSWORTH
' 1 ' 1 - i--- - I L. SMITH.- 7 - x . A . ?-J -'V.,W, L. BRUNS. V r' i'I-.'GEO.'W. BRYAN . ''.xt !-,V-: o vat avr
K.: i
1st J-