The Covington news. (Covington, Ga.) 1908-current, October 20, 1909, Image 9

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    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.