Newspapers / The Pilot (Southern Pines, … / July 10, 1925, edition 1 / Page 5
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ly, July 10, 1925 Friday, July 10, 1925 XME PILtOT Page Five th Carolina imall scale ini |ral North Cai beginning’ d and financd •usiness affaii farming, on for money. T| It a financial ;n, and from a bank with some $15,000 capital has grown up a financial corporation with assets above five 'rom the traditional paths laid down for the country bank, and commenced to introduce new features into vhere were struck by a cyclone that never had an equal in world experience. The sound heads in control of new line to follow, and the company made an eifort to care for the needs of its community. It was on the )asis. igfement realized that a new condition had arisen in its field, and went out and hunted up money at a time when istrial revolution was sweeping civilization, and that in the Sandhills the influences were as in other places. The Page Tanpany with every new step found new calls for financial aid, and every day was a day of expansion in the |eluded in thely’s operations, then another one at Raeford, then at Carthage, and so they came along from time to time, and >anks were aJside of the Sandhills, the most important one nearby being at Sanford. , financial ii» which it had grown to be. Sanford was arranging for some town improvements, and was ready to begin ible delay mJw the investigation of legal conditions, the ordinary course of bond issuing, etc., and work seemed destined i‘t the work, le things moving, and square the account when the bonds were ready. The same thing happened at Southern provide bigLn a day’s notice, and allow town work to go ahead and give the town time to fix up its regular financial dicker. for big mone Lce where if b le big banks Trust Comp I’k, Boston amtnore. institution in community the big money could be provided. Instead of compelling a journey all around the neighborhood nts were needed they could be forthcoming by calling on a big institution with a good financial rating, for York, which is another story entirely. A little baby can call on New York for money and New York is not its money on a larger scale New York knows what the Page Trust Company is. It has grown to be one of the jLi. idhills must have an eye out for the welfare of the farm and the industries of the community. This was made 1^ attentive to g the farm and the expanding industry of every sort. The theme of the company has been tha^ every new jhe bank. Wi; end in view the Page Trust Company has gone out of its way to keep in touch with all forms of production, ill times to fu )usiness in Moore county. ks for it. Th loney put int Imoney for ms consideration of a bank must always be the safety of the money of the depositors, and the certainty that loans ^'bring a safe return and be for the good of the individual, or more particularly for the good of the conimunity jroject that otherwise would have been obliged to fall for want of capital, and the remarkable development >e backed as isly by the bigger and stronger Page Trust Company, for the company has arrived at a place where it can do been doing t ipany invites the deposits of the surplus money of the people, for it is always the people as a mass who make any , of money hei there in idleness, and putting them together in sums big enough to be helpful in business, and loaning out si^h r surplus mo i the bank, where it is always subject to check when wanted, but when not wanted for a short time is available people with i ’or the comm to stand by the company as the company has stood by the community every day since it was formed. Don t let in helping the development of industry in the Sandhills. md itu X COIVIF* AN Y of Middle North Carolina e, Iberdeen, N. C.
The Pilot (Southern Pines, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 10, 1925, edition 1
5
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