The Covington news. (Covington, Ga.) 1908-current, October 20, 1909, Image 9
SIXTEEN PAGES VOL. 1. NO. 45 S. P.THOMPSON R. R. FOWLER 0. S. THOMPSON J. E. PHILLIPS President Vice-President Cashier Asst. Cashier BANK COVINGTON Covington, Georgia ft__ ‘ *.V V C. S. THOMPSON BUILDING (HOME OF THE BANK OF COVINGTON.) Capital increased January 1st 1908 with no undivided profits. $12,000 paid the stockholders in dividends since Capital was increased Resources ♦ * Loans and Discounts, $ 257 527 46 Overdrafts, secured by cotton, 30 342 71 Furniture and Fixtures, - 3 833 65 Cash on Hand and Due from Banks 107 878 83 TOTAL, - - - $ 399 582 65 The Remarkable Growth and Success of this Bank can be better appreciated by a careful study of the accompanying Statement. DIRECTORS N S Turner, Pres. Covington Cotton Mills *1 L Stephenson, of Stephenson & Callaway, Merchants s P Thompson, President K W Milner, Attorney at Law 1 A Sock well, with Newton County Oil Mill k R Fowler, of Fowler Bros. Merchants When it comes to the question of accommodations, this bank is always as liberal as conditions will warrant. Mews COVINGTON, GEORGIA, OCTOBER 20, J909. Liabilities ♦ • Capital Stock, - $ 100 000 00 Undivided Profits, net, 5 187 33 Dividends Unpaid, 48 00 Bills Payable- - 60 000 00 Deposits, - 234 347 32 TOTAL - - $ 399 582 65 R S Franklin, of F H and R S Franklin, Planters F E Heard, Heard, White & Co. Merchants O S Porter, Agent Bibb Manufacturing Co. Porterdale Dr J T Gibson, Physician P W Godfrey, Merchant Broker C S Thompson, Cashier SECOND SECTION $1. A Year In Advance.