Newspapers / The Charlotte Observer (Charlotte, … / Jan. 8, 1919, edition 1 / Page 16
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' : - " - l STORE ROOMS FOR RENT STATEMENT OF American Trust Comp any Member Federal Reserve System. Charlotte, North Carolina December 31, 1918. . . , . , .. . ' . . - (Condensed from Report 'to F 3deral Reserve Bank of Richmond and . North Carolina State Banking Commission.), ; RESOURCES: Loans and Discounts. . . . . . . . -$4,272,725.84 U. S. Liberty Bonds, U. S. Treasury certificates of Indebted ness and war savings stamps. ..... .... . . . . . 1,198,850.21 Stocks and Bonds ........ . . . . . . : . . . 71,746.00 Trust Investments . . ..... ........ 1,778,486.86 Cash in. vault and in Banks . . . . 989,397.98 $8,311,206.89 LIABILITIES: 525,000.00 375,000.00 73,662.06 Capital Stock . Surplus Fund. . Undivided Profits . ... . Bills Payable and Rediscounts (Secured by United States Treasury Certificates and Liberty Bonds ........ Bills Payable. ............ . . Trust Deposits.. . .......... .... .. .... ...... 1,778,486.86 Deposits. . . .. .. .. . .... ...... 4,723,257.97 510,800.00 325,000.00 8,311,206.89 Important, Please Read Attention is called to the certificate of Todd & McCullough, Certified Public Account ants, as the result of their annual audit of the Accounts of the Company at the close of bus iness November 30, 1918, viz: . . We have examined the Books and Accounts of the American Trust Company, of Char lotte, for the purpose of determining its condition at the close of business November 30,1918. We counted the cash on hand and verified the cash on deposit by confirmation obtained from depositaries; verified the time and demand loans; verified the bonds and stocks and miscellaneous securities owned, or obtained confirmation where held by depositaries; veri fied all individual accounts by checking statement mailed depositors on November 29, 1918; verified the certificates of deposit, the capital stock account, and other general accounts. We found all accounts and books of the bank in balance, and there was no evidence of any improper handling of the funds and books of the institution. We examined concurrently the securities held as trustees of estates and sinking funds, as administrator or executor and as agent, and we hereby certify that such securities were on hand and all property accounted for. A complete and detailed statement of the affairs of the bank was exhibited by us to the Finance Committee, and we gave them all the Information desired in connection with our examination.,. , , . TODD & McCOLLOUGH, . '. Certified Public Accountants. 1 - By John W. Todd, C. P. A., : . Member of the Firm- ' To the Stockholders As members of your Finance "Committee, we desire to report that on December 18, 1918, after Todd & McCollough had completed their annual examination of the American Trust Company, we met with Mr. John W. Todd, of Todd & McCollough, and examined thoroughly his report, and we went over the items with him in person. On the same day we person ally examined all the time and demand loans and securities therefor, and all stocks and bonds owned by the bank, and respectfully report: That all stocks and bonds held by the Company are of a good character and carried at a . conservative valuation. That the loans are well secured. That the examination and report made by Todd & McCollough, in our opinion, was a most . thorough and comprehensive one, and that the affairs of the Bank are in' satisfactory condi tion. ' ; " " -. - ' , " - - . That the stockholders are to be congratulated on the conditions of the Company 'In . every particular. . y . ., . I. C. LOWE, Chairman. Z. V. TAYLOR, W. L. SHERRILL. OFFICERS: President ..W. H. Wood Vice President ........George Stephens Vice President W. S. Lee Treasurer ................ J. E. Davis Secretary T.' E. Hemby - Assistant Secretary ....H. L. Davenport Trust Officer .P. C. Whitlock Managers Insurance Department. Walter Lambeth & Bro. Manager of Stock and Bond Department ..................... F. B. Greene EWE GharloiHte; N.C. We invite your business and assure you in advance of every courtesy, and accommodation consistent with safe banking.' Our business is .confined to that of Banking without any outside features whatever. Every, transaction treated confidentially. Meeting of Stockholders will be held in Banking room at 11 A. M. Tuesday, Jan. 14, 1919. H M. VICTOR, President. . ; 317 West Trade Street, 18x80 feet. Price at office 17 East Third Street, 30x90 feet, with basement Also space on second floor ; 60x90 feet, '' making total space of 10800 feet, $83.33 per month. Souliierri Real JEstate Loan ' Tirust Co. Watch the Little Things Character is made up ot L ITTLE THINGS, but character is :,o LITTLE THING. ' 1: ; . 4, , St you start in life with a determination to SAVE the EXTRA, bits of money you may happen to have, instead of SPENDING " them foolishly your reward will he a competence. Get a little metal bank, keep it in your bouse and drop into it all the stray pennies, nickl es, and dimes. When you have ac- . cumulated a few dollars, PUT. THEM IN THE SAVINGS BANIC You will be surprised at the results. SOUTHERN LOAN S SAVINGS BANK J no. M. Scott, President W, L. Jenkins, Cashier. W. ; S. Alexander, V.-Pres. A. M. MoDonald, V..Prii. 5 CVJ" jmfcw : u " - Become a Member of Our ; $9 - ; ' 1919 CHRISTMAS SAVINGS CLUB and accumulate a fund for Christmas giving by depositing small amounts weekly, which you can spare without inconvenience. 1-cent class pays $12.75, 2-cent class pays $25.50, 5-cent class pays $63.50. Other classes pay $12.50, $25.00, S50.00, $100.00 and up. . . . . -; . -c.v "y Iodl(podleo Coo Resources. . . . . . . . . .$2,800,000.00 OFFICERS . J. H. WEARN, Chm. of Board. W. A. WATSON, Vice-President W. M. LONG, Vice President. J. H. LITTLE. President. , E. O. ANDERSON. Cashier. E. E. JONES, Asst. Cashier, Have YOU answered the Red Cross Christmas . Roll Call? Join now. - v ' ?; BANK STRENGTH AND" v GOOD SERVICE . Our- management" mates th e v security of deposits a matter o first consideration and to this end the resourced of the Bank are guarded by prudence and con 3ervatism. . This fact makes a strong bank. Coupled with strength our Officers and Board of Directors make good service the backbone of our banking policy. .With am 'pie equipment and organization, this Bank is in a position to serve aU idividuals and firms requiring cafe banking and ood service. 4 Per Cent on Time Deposits if Left Three Months or Longer. 4 Per Cent Paid Per Annum on Savings, Compounded Quarterly. The and National' Bank- : Established in the Year 1371. - CHARLOTTE, N. C. GS COKE is being used extensively in Base Burners and giving good results. A number of customers claim they will never go back to the use of chest nut anthracite. ,' j Gas Coke now available in any quantity. Ton ratedelivered . (not stored) ..... $9.00 Standard Ice & Fuel Company ; ; Phones 19 and 72. ; WHY WORRY ABOUT THE FAMILY WASH We wash, starch and dry ready to iron all wearing apparel at 9 cents per. pound. Jlat . work at list prices. Minimum charges 50 cents per package. LEAVE YOUR WORRY TO US. PHONE 392 and S99. SANITARY STEAM LAUNDRY, Inc. The Last Call in '1918 on partly matured shares, and every early bird will save the en trance fee!, and all the profit thus far earned follows the shares without cost . to buyer. In other words the seller has carried these shares for you for ' the time stated. ' v ; FIGURE ON THESE 39 weeks old to Jan. 1st, 4, 12, 8, 10.. 5 and 20 shares at ..$9.75 per share. 26 weeks old to Jan. 1st, 6 and 10 shares at ...... . . . .$6.50 per share. - i f LET'S BEGIN RIGHT - : , and make 1919 bur best ever for -self-. betterment, spiritually, socially, -financially. These are the; elements of happiness, and that's all there is in -life. Happiness, my countrymen, is within the grasp of every soul, . but one must use the means. r The survival of the , fittest obtains, and you can elect to be FIT. . : IT'S AMUSING, MOLLIE, " : - ' . to hear Bill say, "Well, Keesler, yourBilly Malone is all right, but : you know I can't fool with little . things like pass books and weekly or month-,', ly payments. I deal with bigger things.'' Why I've saved $100.00 during the last 5 years and I've earned 4 per cent and It compounded." Now ; there's but One thing, wrong with Bill. He has wheels, where there should be brains. There's a cozy room for him in Morganton , provided by the ; state. No inquest is necessary, in his case. Just simple case of slow fuicide. iWe haye bootblacks who can give him a deck of aces and rob him while1 he's crossing the square in broad open ; daylight. He could have f gotten 6 1-2 per cent aere non-taxable, but' he neither reads our ' ads nnr through the MUTUAL. S unique system. . :. i - NEXT SATURDAY v . " is 1st payment on our 82nd serie3tv3000 shares, are booked for. Will you oin the happy family or will yol plod along . the same Weary - Willie ' you'je been all those years. , . v r- ' Saving Sense is likewise,; saving cents. V Careful - attention to the laying away of small sums, will bring rich reward as the years roll by. Uncle Sam has done his best to show you the value of saving, it re mains to be seen how you will profit by the lesson. Our SAVINGS DEPARTMENT offers un limited opportunity to those who Would put away for a rainy day. It pays 4 per cent compounded quarterly.- We solicit your account, no matter how small. V . ThiChariotte W ational Bank Unit ed States Depository. Assets : 4 Million Jno.' M. Scott, President. W. J. Chambers, .V.-Pre. , J. F. Robertson,.Vice-Pres. W. H. Twitty, Cashier. C: W. Butt, Asst. Cashier. W. B. McClintock, Teller. Real Est, Ipvestments We Offer For Sale: Three-story Brick Building; well located now unde lease for $2,700 per year. Two-story Brick Store and Apartment Builds now leased at minimum rates at $960 per year. East Trade street business site 20x8G. , West Trade business lot 90x176 with 15 foot pave( ,alley.-.:v: .P'-k' v I Tract of 25 acres with long frontage on well , Tract of 2Q acres S. A. L. Railroad near Chad Tract of 100 acres, all well within the city linnjf and already under development. . i Also homes and home sites in all the best location F. C-A E. L. KEESLER, Sec. & Treaa. ID) ID OTT Phone 344. s a. Tttou at
The Charlotte Observer (Charlotte, N.C.)
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Jan. 8, 1919, edition 1
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