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Vi
ITS BUILDERS AND SO
c reproduction on this page ot
ph ot the Davis-Exchange
ling conveys but a partial
the elegance and general up-
ncss of that Imposing edifice,
ndlng ns It does on the north
s' corner of the square formed by
s Intersection ot Broad and Wash-
streets, this building Is In the
of Albany’s business center,
he tyulk of the city’s traffle flows
h the two thoroughfares at Its
for Broad and Washington
Streets are the main arteries of Al-
y’s commercial,system.,
The structure presents a harmoni
ous front of white brick from a fa-
bus Virginia yard, Georgia granite,
hd'buft terra cotta. It rlsos to a
height pf . four Btorlos above the
pf . four
rment/ and Is tho handsomest
mi
ss block In Southwest • Georgia.
A Modern Office Building.
The ground floor of tho Davls-Ex-
ago Bank building contains stores
the handsjmo quarters of tho
xohnnge Bank, but the throe floors
are divided Into splendid of-
fleqs, arranged singly and In suites to
met the demands of a rapidly devol-
plng city. The bunk's quarters front
on Washington street, running back
i feet to Brood, fire building Is 106
by 117 feet, tho longost frontage bolng
i Washington street.
There are, In addition, throe spa
rs stores opening on Washington
one: on Broad, the main entrance
the elevator and general stairway
also on Washington,
Et&t: f
A Commendable Improvement.
The Davis-Exchange Bank Bulld
og Is owned jointly by the estate of
lie late Capt. John A. Davis and the
change Bank. Until cleared for
e‘ erection of the new structure, the
rite was occupied by a row ot strag-
rllr.g„ ram-slinokly, one-story build
ings thnt 'leaned against each other
as though they were drunk and con-
THE EXCHANGE BANK.
Remarkable' lnstltut|on—Will Have
Very Handsome Quarters.
It may be claimed ,’or the Exchange
Bank' of Albany on several grounds
that It is a remarkable Institution.
Since the day of Its organization
Its success has never for a moment
been a matter of doubt. Its opera
tions have been directed by men of
high standing In tho community and
of proven ability. Its doors were
opened for business on April 1, 1893,
and It has therefore been Identified
with the development of Albany dur
ing the years of the city’s best
achievement, It can but bo said In
Justice tliqt the Exchange Bank has
played Its full part In advancing the
community's Interests — placing the
financial sinews of war at the disposal
of the deserving, and pitching Its pol
icy on the most, liberal plane allowed
by tho rules of conservative banking.
A Remarkable Record.
That. Judicious, conservative minds
havo shaped tho policy of the Ex
change Bank is eloquently attested by
Its remarkably. record of never having
ence, as a mark of the confidence of
the Exchange Bank In Albany, will
elicit the responsive confidence o 1
Albany In the Exchange Bank.
By the first of February, or shortly
thereafter, the bank will occupy Its
elegant new quarters In the Davis-Ex
change Bank building—the handsom
est banking house In Southwest Geor
gia, equipped with safety deposit
vaults, burglar alarm system and elab
orate office fixtures.
THR C. O. BURNS CO.
Will Install Electric Burglar Alarm In
the Exchange Bank.
lost a dollar.
Think of what that statement
moans! Hero Is a bank operated un
der the identical conditions which
confront all flnnnclal institutions do
ing business In this section. It has
loaded, during the thirteen years of
Its existence, money to the aggregate
of millions of dollars, yet so wisely
has its collateral been gleaned from
tho mnss of good, bad and Indifferent
security tendered that not n single
dollar has ever been loBt to
tho protection afforded stockholders
nnd depositors.
There may be other banks In Geor
gia with records as clear, bnt the faot
Is not generally known.
The Exchange Bank has a paid-up
cash capital of $67,200, while Its sur
plus and undivided profits on Janu
ary 1 amounted to $35,000, During
So advanced are the methods em
ployed by the burglar of today that
there Is nothing that will prevent him
from going Into a vault or safe If he
uses the proper means—unless, how-
I
ever, the vault Is protected with a
complete electrical device such as Is
to bo installed In tho Exchange Bank.
It is an admitted fact thut no metal
can resist the electric current. A man
with a carbon point will go through
a vault lining of solid steel two and
a half Inches thick by merely draw
ing a circle on the -outside of the
lining with the point nnd kicking In
the circumscribed piece with his foot
The officers and directors of the
Exchange Bank made a thorough in
vestigation and found that although
all the banks In the large cities of
tho country had Invested fortunes in
steel vnults, still nearly every one of
them had In addition electric protec
tion. The system to be Installed by
t)io Exchange Bank and for which the
C. O. Burns Co., 322 Fifth avenue,
New York, are sales agents, Is recog
nized as the only complete system on
the market. In the first place, the en
tire vault Is lined with a lining con
sisting of two plates of three pass
cold rolled steel, Insulated with wood
pulp and coated with white enamel.
that the contract for this most Impor-
taut business building- ever planned
for Albany had been awarded to tho
W. T. Hadlow Company, of Jackson
ville and Albany.
It'hns been said that one can never
compute the good that a Splendid
piece of work will accomplish for the
party who executes It, and It seems
to be borne out In this case, for the
W. T. Hadlow Company was an un
known Arm In Albany until the erec
tion of the Dougherty county court
house by these contractors In 1903.
Tho work which ,\vas done on tills
public building has been so satis'ac-
tory jn every way that It stands to
day as a guaranty of both the ability
and the reliability of the W. T. Had
low Co.
So It was that when the general
contract for the Davis-Exchange Bank
Building was awarded to tho W. T.
Hadlow Company, almost everyone In
the community was possessed with a
feeling of satislactlon, for all felt
enough interest In this Important ad
dition to Albany's material develop
ed to wish the work well done and
quickly done.
The contract was awarded on May
6 and In less than a week the work
on the excavations was under head
way, twelve teams and more than
twenty-five men being engaged In the
work. Before a week had passed, or
ders for practically all the material
had been placed and most of the sub
contracts had been awarded. This
will give a fair Idea of- the prompt
ness with which these contractors get
to work, and though there have been
some exasperating delays in the com
pletion of this building, they were In
variably due to labor troubles over
which the contractors had no control
or to delays In the shipment of ma
terial for which orders had been
placed within a week after the con
tract had been awarded.
'3m
if:. ■<
Photo by Holt im*.
THE DAVIS-EXCHi
SoutVwcst Georgia's Handsjraest Otiice Building. Vv'ii.st:
to so competent a plasterer
Mr.
There has been no delay on the.W, R. Barnes,
building after the material was In
hand. The force of workmen em
ployed In the construction of this
building has varied from ten to sev-
tho thirteen years of Its existence it i switches. These will all be connected
Inside the vault is to bo a cabinet \ enty men, the work being pushed at
Id ij-hich Is a system of electric i all times as rapidly as it was possible
stltuted an eyesore for the removal ot
which the community had for years
been longing. When the purchnso by
the Exchange Bank ot a half Interest
has never failed to pay a semi-annual with storage batteries and with the
tn the property waB followed by the
announcement that a handsome build
ing would be eroded on the site, com
munity ‘ pride was gratified beyond
tho power of expression.
For, while this handsome pile a"
masonry Is a private property, It is
looked upon by the community ns
something In the nature of a public
Institution. It Is so far In advance ot
other business buildings which the
city boasts that Its erection marks a
new era In Albanys’ development, and
the pride which Its presence Inspires
Is bnt natural.
A Beautiful Structurf.
Tho Davis-Exchange Bank Build
ing rises 04 feet from the sidewalk
to parapet, Its construction through
out Is so substantial us to be consid
ered almost massive. The entire
ground floor front, is of plate glass,
and from cellar to parapet one sees
nothing which seems to have been
slighted by either architect or build
er. The ceilings are high, doors and
windows wide, nnd all apartments
spacious.
All Modern Conveniences.
The building Is steam heated
throughout, the furnace being In the
basement at the logical point ’“or uni
form heat distribution. All floors are
lighted by electricity, and the build
ing is' wired throughout tor tele-
phones, all wires being Invisible. Of
fices and other apartments have wa
ter connections and fixtures, and
there are handsomely fitted toilet
rooms on each floor.
The elevator sen-ice will be the
beqt, an electrically controlled and op.
rated outfit having been installed.
The finish on all the upper floors
i In-oak, Including wainscoting, doors
pd windows. The building runs
In two ells, an arrangement
ifch makes for perfect lighting and
dilation.
OffieVs for the Many,
are 69 offices on the second,
ard fourtli floors. Of these,
■ have already been leased, but a
iber of the most desirable may
; be procured. Diagrams may be
1 rates learned by parties, who
n Mr. W. C. Scovtll, cashier
Bank, or Mr. Jos. S.
First National
dividend of 6 per cent, to Its stoclc-
•hoh]ers.
Mr. fl. B. Brown was the Exchange
Bank's first prnsldent, and he has held
that position uninterruptedly up to the
prosent time. His familiarity with all
conditions In tho local field of finance
and trade and his long experience as
a man of widely varied business ac
tivity have been potential factors In
promoting the splendid success of the
Exchange Bank.
The other directors who assist him
In conducting the Institution, are A.
W. Muse, a prominent figure In the
local cotton world; J. A. Johnson,
planter and promoter of various sue;
cessful enterprises; C. M. ShackeR
ford, merchant and agriculturist; J.
R. Whitehead! vice-president and gen
eral manager o' the Georgia Cotton
Co., and L. J. Hofmayer, of the well-
known firm or Hofmayer, Jones &
Co.
A recent foreign recognition of the
bank’s standing was the selection of
Mr. A. P. Coles, Its cashier since Its
organization, for the eashlershlp of
the Central Banking and Trust Cor
poration, or Atlanta, which Is soon to
open Its doors with a larger paid-up
capital than any financial Institution
In Georgia ever possessed at the be
ginning of business. Mr, Coles was
not an applicant Tor the position, and
his selection was no less a recognition
of hls ability than o' tho high stand
ing of the Albany banks with which
ho was connected. Mr. Coles was suc
ceeded In the cashlershtp by Mr. W.
C. Scovlll.
A Wiss Investment.
In Investing a portion of Its surplus
in tho handsome Davls-Exchauge
Bnnk Building, the directors of the
bank have exercised that judicious
foresight which has served the insti
tution so well In the past.
As the result of no Imaginable com
bination o' circumstances Is it con
ceivable that an Investment so care
fully considered can fall to prove prof
itable. Located at the Intersection of
the city’s two busiest thoroughfares,
its value must inevitably Increase day
by day. Were the lot vacant today,
It would readily command a price 60
per cent, higher than was paid for it
a year ago.
This splendid property, besides con
stituting a profitable investment, at-
'ords an Immovable and Incorruptible
bulwark in the Interest of safety for
the bank’s stockholders and deposi
tors.. It will remain a visible, substan
tial, profit-earning asset, and Its pres-
lining of the vault, also with two large
fire alarm gongs on the outside of the
building. There will also be secret
connections In the city. The connec
tions are made just the reverse of the
general rule of electrical science, and
Instead of making a connection and
ringing the gongs with this system It
is a caBe of breaking the connection
and setting off the gongs; consequent*
ly the alarms are always In working
order, and If by any means a connec
tion Is broken or anything goes wrong
with the system there will be such a
clanging of bells that would, as the
old saying goes, “wnke tho dead."-
In order to get Into the vault dur
ing regular banking hours without the
alarm going off, a set of- automatic
electrical timers throws the current
off during what Is called the day
space. When the vault Is opened In
the morning a series of test bells ring,
signifying that the whole system is In
good order, the same being true when
the vault doors are closed fqr the
night.
Once the system is thrown on for
the night space, which Is done every
day In the year automatical}-, It is
Impossible for anyone to get Into the
vault, or to attempt to get in, without
turning in the entire sysem of alarms,
and it has-been demonstrated In other
states that it will carry sound in dry-
weather within a radius, of six miles
In circumference. At any rate, suf
ficient noise Is made to alarm the en
tire community.
THE W. T. HADLOW CO.
General Contractors for the Entire
Davis-Exchange Bank Building.
When It had been definitely an
nounced by the- owners of the prop;
erty on the corner ot Broad and
Washington streets, the principal cor
ner In the business section o! the
city, that plans for a fine office build
ing were In preparation by Messrs.
Lockwood Bros., architects, of Colum
bus, one ot the very first questions
that began to be generally asked
about the-streets was. ‘‘To whom will
be awarded the contract for this
building?” And it speaks strongly
for the confidence in which' tho gen
eral contractors oi the building are
held that there was a fine feeling of
satisfaction on the part of everybody
as soon as It had been announced
to have It done well.
Too much can not be said in praise
o-’ Mr. C. Wilcox, the foreman, who
has been in charge since the first
work was begun and who Is now
watching every piece of material and
every bit of work that is being put
into the finishing up of the big bitlld-
Ing. Mr. Wilcox Is one of the most
competent, men In the business, know
ing not only how to do a thing but
how to have It done, as well. He has
been most faithful to Ills employers
and to the owners of the building,
and everything in connection with the
building has been done exactly in the
way specified by the architects.
It Is not saying too much when It
is stated that- the Davis-Exchange
Bank Building will be regarded,by all
as a job In every way as creditable
to the contractors as Is the Dough
erty county court house, which has
been so o ten pointed out as about as
pet foci a piece of work, from start to
finish, as has ever been done in this
section of the state.
But these are not the only build
ings which have been erected here by
the W. T. Hadlow Company and
which can be cited as specimens of
their excellent workmanship. The
Carnegie Library, a beautiful little
building of brick, stone and terra
cotta, which is now nearing comple
tion, Is another of tills firm’s jobs,
as are the Woolfolk building, the re
modeled home of Mr. Joseph S. Davis,
and the residence of Mrs. S. D. Jones,
now In course o; construction on Pine
street.
The W. T. Hadlow Compay does
work all over the country, starting
out the new year with contracts in
three states.' Among the contracts
which they have for this year are the
University buildings at Gainesville,
Fla., to cost $90,000; the First State
Bank at Dawson, to cost $27,000; a
three-story business building at Jack
sonville, to cost $12,000; Lake Jack-
son Hotel at Florals, Ala., to cost
$21,000; and the opera house at Flor
als, Ala., to cost $12,000.
Mr. Barnes ha-i done al! :he plas
tering for the IV. T. Hadlov "ompany
for a number o’ years,- and Ms work
i
has always been of the most satisfac
tory nature. Plastering requires a
thorough knowledge which exee-ience |
alone can give, and Mr.
plumbing If that feature was to be in
accordance with the others o' this
magnificent structure.
This was no sooner realized than
the firm able to measure up to this
standard was decided upon. If the
best had to be done; If the work had
to-be done in the specified time; if
ft had to ,l;b done with all modern im-
Barnes has: provements and with the best ma-
had years of experience on soma of, 1 3:lyl: 1*’*! 1,3(1 10 t;e ll03e * Jjr exper1 '
tl-o -most exacting work ever done in j enoed anl skillful plumbers, a firm
hls country. j -« an established reputation and
Before coming South bo v-as en- j unsurpassed facilities must be se-
gaged In his business In New York,. lected.
where he has done work on many o' j Hence it.was that Mr. R. C. Eatman,
the handsomest buildings In that great j 11,3 proprietor o the large hardware
metropolis. He was the head man In'and plumbing establishment at 26
the Job of plastering in the beautiful j Washington street, secured the con-
Belmont hotel. 1 tract -
Mr. Barnes not only does plain plas- ®iat the men at the helm were
tering. but he does beautiful orna. vJsht in the selection of this well-es-
mental cemenr. stucco work. Orna- tabllsed and thoroughly reliable firm
mental plastering Is getting more pop-
to do the plumbing, there is no gain-
No one need take the word .
ular every year, and the demand for saying,
competent workmen in this line Is 31 anybody as to whether the work is
very great, the consequence being that S° 3(1 or bad. The work speaks for it-
Mr. Barnes has all the work he can self - and it says, Best,
possibly do, carrying hls force of ex-j From the water faucets to the fire
pert plasterers 'rom one city to an-, hydrants on every floor, the com
other with work always waiting for P l3 teness and the perfection o the
— j work are easily apparent.
! Every basin, every sink, every clos*
Among the buildings in Albauy
which he has plastered besides the et. bears the stamp of the peer of
Davis-Exchange Bank Building, are. Plumbers of Albany and Dougherty
the Dougherty County Court House, 1 COUIlt r. ani1 evidences the same la
the Carnegie Library, and several dubitable signs of reliability that
residences. He did the beautiful plas- hatch the eye and excite the adraira-
terlng in the Methodist church at «°» of 1113 observer o; the other large
Americas, one of tl>e handsomest j buildings of Albany, notably^*
houses of worship in the state, and
has just returned from Blakely, where
he did the' ornamental plastering in
Early County's magnificent new court
house for Contractor W. T. Jay.
One has but to enter one of the
buildings In which Mr. Barnes has
done the plastering to be impressed
with the fact that he is an expert in
his line, having no superiors and few
equals in the entire South.
THE PLUMBING CONTRACT
For
W. R. BARNES,
Expert Plasterer, Was Awarded . the
• Contract for Plastering.
No part of the Interior work of a
building is more Important than - the
plastering. The walls can either make
or mar the interior of any building,
and it was .gratifying to the general
contractors that they were able to let
the contract for this Important work
This Handsome Building
Awarded to R. C. Eatman.
Was
The determination to construct the
magnificent Davis - Exchange Bank
building had hardly been formed be
fore those captains of industry at the
helm of the movement began making
definite arrangements for-Its immedi
ate erection, along the lines of mod
ern endeavor, and with all the com
forts and conveniences that science
could provide.
The plans were drawn up. Then
the question of who should do the
work occupied, the minds of the men
In charge. In looking over the plans,
it was readily realized that it would
be nepessary to get the very best la
A
LOCKWUP
con
Architects for Dal
ALSO FOR,
DOUGHERTY COU# |
CHAUTAUQUA
CARNEGIE
ELKS’
RESIDENCE Cf •
RESIDENCE OF
RESIDENCE Of
RESIDENCE OF
RESIDENCE 3?
RESIDENCE OF 1
.
