Norwich Bulletin Newspaper, January 1, 1916, Page 10

in the Bradley building. The net result of the changes of the to the number of banks in Danielson is a reduction from year as four to three. ; g 5 ‘Through its absorption of the Windham County Savings bank, - company this after due authorization in compliance with all the required swing. It mu‘m oot i S Ry Jegal formalities, the Brooklyn Savings bank, has greatly in- mdm&mmsutcmmmm:m creased in importan Always a bank enjoying a splendid rep- i % utation through a long and unbroken period of successful “ the Brooklyn wh,x&fi.hm] increased its assets and position. merger was about on July 1st. At that time the assets of the. vings mmnMNwmemmnm 000. - B S Tapl Merger Generally Satisfactory. ik , December 81, 1914, within a 2 ‘ Mmmummw mmmumwm-mmmq T ; p depodtu Were' "close %o Savings bank, which was closed for fourteen months from Au- s Mflnmm&mmhmmmmzwk- able way, though never giving promise of in the near . 61 s permanent. home in the Bradley future a strong mlflmflon.mvnryhvwib ' the merger . . corners of Danielson. No pains wmna:‘am;tmmmtwflmb-w‘:m:: % and for the comfort of patrons. in competition with the Brooklyn Savings bank, which col Arthur Atwood, of ‘Wauregan, is president of the Daniel- from Brooklyn Center to the West Side of Danielson in October, son ‘m company, Frederick A. Jacobs, wice-president and 1913. That the merger was generally satisfactory to the de- Clifford H. Starkweather, treasurer, Mr. Starkweather has had positors of the Windham County Sevings was at once indicated many years of practical experience in the banking business and by the transferring of their accounts by the score to the Brook- has made an enviable record in the position he is now filling. lyn Savings bank. These accounts could have been withdrawn, E He has as wide an acquaintance as any banker in this section, @s some were, but it was surprising even to the members of the is inherently courteous and obliging. The trust company’s board Brooklyn bank that- the withdrawals for deposit ©of directors includes a number of the well-known manufacturers and business men of Danielson and other places in this vicinity. Through the merger the Brooklyn Savings bank came into The Danielson Trust company, as an incentive to saving and on of the Windham County Savings bank’s building, but as & method for releasing sums of money at Christmas or vaca- not occupied it, the building*being at present occupled by tion time, has as a feature of its comprehensive banking pro- stores and offices. gramme a Thrift club, which is all that the name implies. Its During 1915 the Brooklyn bank has had a splendid business. many members pay in small sums each week, are allowed In- It has made a steady gain in mumber of depositors and amount terest on their deposits and get their vacation time and Christmas deposited and has increased its surplus in a substantial way. It checks at periods of the year when a little income means happi- 1s now ome of the largest savings bank in this section of Bastern ness. The idea of the Thrift club is to teach the benefits of Connecticut, is prosperous and holds the absolute confidence of saving and wins depositors for the institution who eventually the public. J. Arthur Atwood is president of the bank and open permmanent accounts. Clatence A Eottar e sentetira su /i isemiren LOOKING FORWARD TO RE-OPENING Nathan D. Prince Goen to Hartford Position. The Windham County National bank has written a record of OF PIRTTAN: SAVINGE SAWK. prosperity during 1915. It-has shared liberally in the benefits ; i L imis Ak ot o g L L e et Better Conditions in Bond Market Bring the Day Nearer—First has rendered the most efficient -and courteous service to its National Bank Had Successful Year. . trons and the public in general. Its officials report a ver. e Settacesey vustieas: nnm& cuminiabtial Snterests Browths in The opening of 1916: brings very much nearer the day when general hereabouts. Its savings department has grown from the Putnam Savings bank Is expected to resume business. This month to month and is now an important department of the bank was closed on December 29, 1913, by order of the bank bank. commissioners, following the depreciation of the bank’s bond One change at this bank during 1915, was the resignation of holdings, which were very heavy In relation to the total of de- Nathan D. Prince as cashier to accept the very important posi- . PO:“: R’f::’"!' '-:“h‘”“fl '&‘o”‘:‘th" "‘“l; o mansh Sronxe tion in the banking life of Connecticut as a vice-president of the and in a statement lssued about two weeks ago the trustees of - Connecticut Trust and Safe Deposit company of Hartford. His the bank pointed out that the deficit represented by the ap- I-ETTEBS FROM TWO STATES selection for this position was taken as a great tribute to Mr. praisal of the bank's assets in July, 1974, has been wiped out. Priicas ability as . basikec i) Bl Tfan SRLIINGS Tha natontion e There is & suggestion that, if all continues favorable, this bank g ek the able manner in which he has met the greater propositions may-be able to resume business on April Ist next, but this has 5 ? B e ""I - PMI of a financial nature that daily come to him as a leading official not been definitely decided. New London Gounty o aaldisd tn & tri mek | M el ies Ko T h" of one of the state’s greatest banks. Mr. Prince, notwithstanding The income. of the bank has not been impaired diiring the F. H. Brown of Nerwich th : his Hartford connections, has retained the vice-presidency of the two years it has been closed and the institution has derived other B guest of his sister, Mrs. Adelaide gpans® coonel R. Champlin of M"" Windham County National bank and each week end is in Daniel- Tevenue from loans made to depositors with pass books as se- NIANTIC Spencer, here Sundsy. R e e s i - SaaCiecy son, and at other times as necessary, devoting time to the in- curity. The bank has deposits In excess of $2,700,000 and more Ry Captain and Mrs. N. W. Rogers re- Sl n. terests of the local institution. than 7,000 deposttors. Cottage Roof Blown OFf and Lodged in| turned Monday from & visit to thelr | chociar hass boens iy, AJcibert Win- A great feature, although in reality an incidental, to the The feeling always has been from the time the bank closed - Tron. daugkter in East Hartford. oy S business of the Windham County National bank during 1915, was that the institution would eventually re-open and resume busi- R. L. Manwaring is passing the holi- | ti it teionmicls & = e the paying out on December 15th of $10,000 to the depositors that ness, paying its depositors dollar for dollar. That the day when ikt lades No. 17, Independent | SRYSOWNE Conductor Sha Mis. W. J.1 Catiny | Lo iives sul frisidu tn Now made up its special Christmas club of several hundred members, this happy event will come about is not far distant is indicated Oder of Oaa Peiiows. Mot 8t &":‘;m;:’ Manwaring in New Haven. Much of this money was during the next ten days turned back by the condition of the bond market during December. rooms in Union hall, Wednesday evenc| James E. Hurle’passed the holldays | of mmmtunaniis pand s ooie, Suchalter into trade channels in Danielson by holidey shoppers and helped The bank has a very capable board of officials, every member ing and eleoted officers for the en-|With friends in New Haven. . pomir g S on o e B the merchants in transacting business up to a grand total seldom, of which is anxious to see the bank resume business in a normal suing term. Two candidates were ini- | F. B. Dart of Columbia university, | parents, Mr. and Mrs. Nathan it ever, reached during a Christmas shopping season in the town. way and they are striving to bring this about at the earliest ated. New York, is visiting his parents, Dr. | chalter. The present cashier of the bank as successorsto Mr. Prince possible moment. Morgls Howard retumed aanondaviand Mrs. F. H. Dart over the holl-| Mr. De Coursey, teacher in the Tenth is Francis S. Storer. Mr. Storer came to Danielson from the First National Had Splendid Year. R T o D . e district, Colchestér, gave a Christmas Natlonal Shawmut bank of Boston, one of the greatest of New The First National bank of Putnam has had a splendid year Middletown .and- has commenced work Mr. and Mrs. H. B. Hart of Hartford | party to the pupils and friends, De- England financial institutions. His duties here were taken up during 1915. This institution handles the accounts of the manu- on the Interior of Mrs. Weir's bunga- | o16,0CCUPYing the Manwaring cottage | cember 22. on April Sth. He is a young man of thorough preparation to fill facturing Interests of the city and surrounding towns and is one low. in Main street. Miss Ruby Fuller, (mhar in .the his present position, which he has done to the satisfaction of of the strongost banks in northeastern Conneeticut. Year after Mr. and Mrs. E. Louls Eager of New | W. E. Smith is taking down two of | Sixth district, who has been seriously everyone and during a résidence of elght months has acquired year its high-grade service has been one of the sources of satis- London and grandson, Gordon, of ,",‘;n““ Saple (roee on Flum avenue in LIIL at. the home o8 W..W. Hanney, i- as many close friends as some men are able to do in as many faction to those who have done business” there and to the com- Pittsfleld, Mass., are spending a week | front of the Bekl‘x“r::.bvrgefly walch | Ciein 25 Aee D - Hodsh Swiy years. He has kept the bank's service at a high peint of .effi- munity as = whole. It is ably managed, has a highly efcient at_shatescoptaky: (Rl Qv oy i s p kR e Clency and made the welcome of all- who came there a warm one. staff” and ‘méets obliging every legitimate commercial banking B oo o g - Mg ] R K IR g B - Timothy E. Hopkins continued as president of the Windham need of this city and the surrounding country. Charles H. Brown Grove. A roof onp-. cottage at Saund-|J. V. Luce estate at %n{- M County National bank during 1915. is treasurer of the bank and G, Harold Gilpatric, treasurer. er's Grove, belonging to Miss Terry | had a day off Wednesday. Whenever you go to buy a cigar and see either of the HIMES’ CIGARS in the case, and you'll find them everywhere in Eastern Gonnectlcut choose olther one of the - brands and you'll not be disappointed in having a good smoke. Nearly a million of the Himes’-Five Cigars have been smoked in Eastern connoctlcut during the last b year, - That's a good many cigars. The reason for this big sale is easily explained; years of persistent work in building up a trade on brands that havo never va- - - " ried in quality. Smokers recognized the superior quality of these cigars and have insisted upon getting them. 4 GET A BOX OR A FEW AND BECOME A REGULAR BUYER e msmcounons&sons Wholeulors,llww!ch Gyt ; oy A"mm“o“