Newspapers / The Advance (Elizabeth City, … / June 25, 1915, edition 1 / Page 25
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r -r SECTION THREE OF THE RSITY EDITION DVANCE Elizabeth City's Only Semi-Weekly Paper. A Paper Alive to the Needs of Its People, $1.00 and Worth It f A- DIVE THE A 1 AM 1 ELIZABETH GITY BANKS HAVE DEPOSITS OF $1,200,000 AND RESOURCES OF $180,000. THREE PROGRESSIVE IN STITUTIONS. CLEARING HOUSES FOR "BUSY MONEY." The First National Bank A Lead ing Carolina Depositary Elizabeth City is fortunate in s having among its busy men a larger number of energetic, ca pable and successful workers than most towns. Such men, also possessed of judgement and splendid character without an (exception comprise the di rectorate of the First National Bank. It was' iu 1891 that a jhroup of representative and ? Ip progressive Pasquotank "county ' toga. brought together their money and with $50,000 organ ized this institution. In 1004 the capital was increased to one hundred thousand dollars. (Think of it! In thirteen years' time the 1110117 financing the First National was two and a half times as much as at the inception of the institution. Thid bank stands fortli promi nently with the leading deposi tories of 'North Carolina. Monv y is of value only when it is i)usy. This bank performs just 7 the offices that the modern monetary institution is intend ed for. It offers safe secur f ity for the money of indivi,- ' 'viduals and organizations, T pays interest on the deposits and Duts the cash to work. tdvant Ihe TnafnufacturcT and fthe working man every soul ; in the community. W (l C.iithor .1p iu thA .oiiliUp Tin has hwin in Ji uai capacity ior mnv yeurs, An rl for three and a half years f ... . . j it r lln la I'Aiinir man an1 a native of the soction, having been reared eighteen miles south of Elizabeth City. He is a man of sterling character. He is a man of the kind that always at trad s attention ;is a hustler. Tlie First National Hank The Citizens Bank of Elizabeth City Has Played Part in City's Advancement In telling the story of the present of any community it is essential that a mention be made of the banking inter ests, for the business of af fairs of every commmunitv are dependent to a great de gree upon its financial insti tutions . The Citizens Bank of Eliza beth City has been established since 1899. It began business with a capital of $25,000. In 1913 this was increased to $50 000. It is interesting to note that its first president, Dr. O. McMullan, and vice president Wi. C. Glover, two of the most prominent citizens of the Picture City, and M. R. Griffin, the first Cashier, still occupy those responsible post - tfcVtv 'and the cashier. V f a ..'"'4' . ' "r ' . 1 . " t V ' :. k ; that 5 most yiependV'as pays semi-annual dividends of six per cent. It lias paid in dividends to its stock hold' crs since its founding $:J0'5(H) a little nioiv than twice as much as its present capital. The surplus is GUOOO; deposits about 500,00).H. This bank is a meiuber of the Federal Reserve System. It is lo cated in a splendid modern banking house 011 the main street, convenient to the busi ness district. The building is a handsome three story structure, with the banking rooms on the ground floor and offices above. It was iiu p roved in 1910. About ten thousand dollars has been spent on improvements. The directors of the First National Batk are: '('has. II. Robinson, the president, an Elizabeth City progressive; li. S. Blades, the vice presi dent and known 1 every per son iii the town nearly; 1). B. Bradford, J. A. Kramer, P. 11. Willanis, 10. F. Aydlett, O. F. Gilbert. E. C. Blades, C. 0. Robinson, S. II. .lohn sou. and E. R. Daniels. Dr. L. S. Blades, the vice-president is President of the Norfolk and Carolina Telephone Company, which has its general headquar ters in Elizabeth City. Pres ident, Charles II. Robinson, the president, besides being presi dent tf a bjg wholesale dry goods store, is the president of the Elizalieth City Cotton Mill. Robinson. Blades and (Jaither are one of the strongest uorn binations. in Elizabeth ('ity. It would Im hard to get together a better qualified, more pop ular ami more energetic trio even in the Picture 'ilv of Northeastern North Carolina. regards the institution's pros perity. Alt of these gentle men are genuinely popular, of modern tendencies, and jMisted on all that is new in the monetary world. Mr. Coffin's name on the bank's stationary, his fellow towns men will tell vou, 'is all the assurance of sinicess and safe ty that the; men who have invested their money in and entrusted their money to this bank need. W. C. Glover, the vice president is a broad minded man, a believer in the progress of Elizabeth City and one of those most instrumental in the upbuilding of the town. The following well known men comprise the directorate: Dr. O. McMullan, W. C. Glo ver, Mt IN. , Sawyer,, F . M . GriceT, P. Nash, P. F. J3pen cer' El itV DeFord and: Noah Burfoot. The bank is a U: S. depository for Postal Sav ings. The Citizens Bank of Eliza beth City, it is state1, increased its capital from $25,000 to $50,000 out of the 19K? surplus. The bank has undivided pro tits to the sum of $12,000. It paid in dividends prior to the doubling of the capital 15 per cent; the dividends now average eight per cent jier an num. This institution occupies its own buildiug, a handsome struc ture at the corner of Poindex ter and Fearing Streets. The fixtures are handsome. It is known to all business iien of Elizabeth City that the Citi-1 Savings Bank and Trust Company One of The Livest in The State With during hi.-torv. a remarkablf growth ill the years of its with a record of be 111- indenitled ever with the progress and development of the low n and county and with the friendship of a large and con stantly growing list of patrons, the Savings Rank and Trust Co. of KlizabHh City has a bright future. Since its establish in ut in l'.MI.'!, the men behind this institution live, red-blood ed men whose ideas are worth while and whose ideals are worthily high have seen their efforts and clean methods pro duce wonderfully. The bank was organized, with a japitul of $25,000. This was increas ed to $40 000 when the Mercan lile bank merged with it on Fe' ruary 1 si 1915. I) has paid in dividends a total of 9.'! cent on lln- old capital. per The surplus and profits are aroflnd I .p.-i.OOO. Deposits total four humlrcil thousand dollars or more. W. T. Old, the first pr-sideiit, left the Savings Rank and Trust Company in lillL'. He is now President of the Seaboard National Bank of Norfolk, a very important in stitution of the Virginia City. .1. B. Flora, a prominent whole sale grocer, was the next head of the bank, serving until his death in June 1914. The present officer of the Savings Bank and Trust Compa ny are: President. P. IT. Wil liams; vice president, E. P. Ay ,dlett; Cashier. II. (i . Kramer, and assistant cashier1. W. Ilorney Jennings. Mr. Wii liams was chosen president at tin" death of Mr. Flora. He . . . A 1 lis a big business man in me local business world. Besides his connection with the Saving's Bank and Tnist Company and other enterprises, he is secre tary treasurer of the Elizabeth City Hosiery Company. Vice president Aydlett is an attorney with orte of the largest practices in the state who has been mentioned prominently in a number of past campaigns as a 'possible candidate '''for gov ernarv ; .'lie; las held 'office zen's bank has played a con siderable part in the advance ment of the community to its present point of prominence in the list of Eastrn Carolina cities. Prominent men man age the strong institution men of established integrity whose names constitute the strongest guarantee of the fact that the splendid record already achieved will be kept invio late in the future. In every instance when dealing with new patrons the heads of the Citizens Bank of Elizabeth City have remembered that the se curity of the depositor' should be paramount and that cour tesy should be their second thought. since the bank was established, (ieo. P. Pendleton was the first cashier. He served until Sep temher 1st. 1900, when Mr. Kra mer was elected to the place. Prior to then 'Cashier Kramer was with the First National Rank. He is what is regard ed as a "going'' man. He has already "conic" to the estate of big things, and has a still larger and more useful future. Assistant cashier Jennings was before coming to the Havings Rank and Trust Company, cash ier of the Merenntile Bank. The growth of the Savings Bank and Trust Company, has lieen as steady and as rapid, as that f the community in which it is so important an institution . It has helped Kliz abeth City, and the city has done the handsome thing by) it in reciprocatiiiL' The depos its iii 1900 were only one fourth of what they now are, a hundred thousand dollars against four hundred thous anil . The bank is installed in a Poindexter street building: not owned by it . Tin company hopes to own its own building before long, and when it builds will erect an architec tural building to itself. That is its way of doing business. There is nothing shoddy nor lacking in completion under taken by its directorate ever. The fixtures in the present quarters are ampjle and at- tractive, and the precautions for protection are thorough as any depositor could wish. Installed withiu the bank's vault is one of the largest safes in Eastern Carolina. It is of inofler type and is absolutely fire and burglar proof. This is a recent bank . addition bv the The dire tors are E. F. dlett. Ir. L. 8. Blades, J. Foreman. C. E. Kramer, J McCabe, C. O. Robinson, Sawyer, Or. J. II. White Ay, W. T. A. A. M. Willey, l H. Williams J. Q. A. Wood, and W. J: Wood Seventy-Five Thousand Overlands in One Year A Good Record in Cars and a Still Better One in its Percentage of Satisfied Owners Dr. M. M. Harris has agency for the Overland the auto mobile an automobile with a reputatiou. The local ageu cy embraces Currituck, , Cam den, Pas(iio1ank, and Perquim ans counties. Or. Harris has represented the popular car here two years. When he took the agency there were only two Overlands in the ter ritory second !,aud machines at that . In two years' time twenty touring cars ;done have teen sold. He maintains a garage aiyl repair shop to ac coinodate all patrons. Kverv machine sold .lurim- the imst ! past twenty lour months has given perfect satisfaction as every pmvhascr nearly has assured ti i 111 . The Overland is a standard car that is growing in popular ity. Seventy five thousand are to be made this year. The new Overlaid Six, a $1,475 machine, has a wheel base of l'J5 inches. Most other sixes, at u similar price, have a shorter wheelbase, meaning less comfort when driving. It comfortably seats seven pas sengers. Most other sixes at a similar price sejit but five. Those which do seat seven are cramped and uncomfortable. The forty five horse power motor is of the latest en bloc design Most other sixes at a similar pri-e. have a less powerful motor; also less flexibility and doubtful efficiency . It has high tension magneto ignition. The majority of other sizes at a similar price have only the ordinary not a certain battery system of ignition. It has unusuallv large tires -!55 inches by 4 1 " inches all arounds with noii kils on the rear. Most ! other si.ves h:ic sin:ii!"v tires. Also, non skids in the rear are rare. It has the very linest grade of bright French finish long grain, genuine hand buffed leather upholstery. "Order your Overland now", is the in junction of wise autoists to people in the market. This is the lest motoring season of the year, deliveries can be made promptly, anj there is no pleas anter way to send the summer vacation than by motoring. The Overland six of the latest model is electrically, started, electrically lighted, its color is royal blue with ivory white striping, it has a one man top. pockets in all doors, rain vision. vent ila ting-type windshield, built in: full float ing rear axle, demountable rims, one extra rim, a high grade magnetic speqd onieter and and a hundred other things. excellent Other models of the Over land sell at from $795 to. $1,000 all priicps t: o.b. Toledo : , ,f f . , , . ,. Vi; LIVE SUCCESSFUL RETAIL inUMTS The Rucker k Sheely Co, dealers in dry goods, furnish ings, mattings, trunks, bags, bats, caps, etc., have a good, big store and do a large busi ness in Elizabeth City. Their stock is unusually complete, and the firm is comprised by, people whom it is a pleasure to deal with. Their business was establish H'irlwu veurs ago by Messrs Rucker and Sheely. This thirteenth, year is one of their luckiest, too, since the enter prise is making greater gains now than ever, in the volume of business done as well as , in the publics favor. Five years ago the firm was incorHrated and moved the stock into a creditable new building, occupying two stores jointly. The members of the company on the directorate are Presi dent J. H. Sheely, Vice Pres ident. J. W. Leland, the sec retary, Miss Eflle Sawyer, and the treasurer, Miss Mary Saw yer . frhe Rucker and Sheely Go'a stock is such as appeals to all classes of trade. Many of the sHple who buy goods be tween seasons are regular pa trons. This is a modern. lOlizabeth City concern, and if you go into the store a rank stranger, look around a bit and start out without buying you will be told to eoaie again, and told in smJi a man ner that you will feel like vis iting the place again. There can't be found liner lines in the city than these people carry in stock. Usu ally before the magazines be gin to print advertisements with pictures of certain new brands' of standard wearing apparel, the patrons of this establish ment are posted. The win dows are always displaying something 'just out'. 1 DIVERSITY! The TOMATO UIKLH and BOYS' CORN CJLUBS ill make the State our pride, When they have shown what can be grown With crops 1)1 VER SI -FIED. I loo 00 ray! Hoo 00 ray! Will make the State our pride,' t. When they have shown what can be grown With CROPS SI FIED, DI VER
The Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 25, 1915, edition 1
25
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