The Albany daily herald. (Albany, Ga.) 1891-190?, January 20, 1906, Image 6

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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 .