Newspaper Page Text
JOHN '\i. KINARD, PRES
THE COMMERCIAL BANK
One oi the Best Managed and Most
Prosperous and Popular Banks
in the State.
The Commercial Bank was established
in 1896 with John M. Kinard,
up to that time clerk of court of Newberry
county, as president. Mr. Kinard
has been the head of the institution
ever since, and it has been an unusually
successful institution. The stock of
this banks is now worth more than
double its nominal value. It has paid
itAnrnlo^Ur npar flinpo its 1T1 sf ttll tlOn 3.
V ? V.*
semi-annual dividend, starting with
$1,500 semi-annually on a capital
of $50,000 and increasing year by year,
until it is now paying regularly
S3,000 each six months. The total
amount paid out in dividends is over
J. Y. McFALL,
Cashier Commercial Bank.
?78,000. The surplus and undivided
profits of the bank now amount to
$78,416.25. The loans and discounts
are $480,314.58; total assets $592,4.S7.61.
>ihe deposits according to a late statement
are $442,002.36. It is the proud
boast of this bank that it has never
lost a note, except a note for only $37, j
and ii has ne.er had to squeeze a cus- j
tomer. The bank's business is done in j
a busine;s like way, and its customers !
rocTipnt irti fipm^n ris Mr Kinard. the
president, is one of the most popular !
men in the state. He is a graduate !
of the State University, has been president
of tiie. ..Slate Bankers' Associa
tion and prominent m all moves for
the betterment of the banking business
of the state. He was for years clerk j
of court, and,, could have been clerk
until now if desired, re- !
gardless of ^the^;-j^lil|C)ns in politics, i
He is vice piresfeent> of the Oakland !
Cotton Mill and a director of that peer- I
h ss mill, the Newberry Cotton Mills, i
The casnier of the Commercial Bank i
- ? - - .. . . i
is- i.VJr. J. Y. McFail, one of tne oest |
bankers in the state, and one of the
most popular men in the city of Newberry.
He makes and holds "friends in
the bank and for the bank. He is one
of the men who has done much toward
building up Newberry, giving liberally
of his time and means to all public enterprises
and good work. He is a
member of the executive council of the ;
State Bankers' Association.
The teller is Mr. R. L. Tarrant; ?
bookkeeper Mr. R. Herman Wright;
collector Mr. Floyd Bradley, all of tnein
popular and courteous in their rela-,
t'ons with the people* of the com-:
The Commercial has taken an active
interest 5r. every matter tor the up-,
building of the town and the county,
; nd the friends and supporters of this
ns'itntion arc from fh counrry as
1 rgely as from the town. The assisti
ice of the officials of this bank can
always be had for worthy cause-, and
i o cause appeals to them more than
t e development of the agricultural in- .
t Tests of rhe community, though the,
< >mm'rcial and industrial interests of
the city owe a great deal to vke Com- '
, ' , - "
IDEXT CO MMERCIAL BANK.
1 P^^V fr\r- Uc q^ tr> ctmyyTSng
j UiCl tiai JL^CVXIXV A.WA AWO vv w00--?c
in order to show some appreciation
I to the customers of the bank as well
j as to our county at large, the bank
; has purchased a very handsome Red
' Poll bull to be used primarily in the
j interest of the customers of the bank
. and secondarily to the citizens generj
ally, in order to encourage stock rais|
ing. There can be no question that
'this is a large field of endea.or and
m^ans much for the financia' and ma-'
I toriol or/iwth i-kf rvnr rnimtv an/1 state.
j On account of climatic conditions we
| can grow grasses in this section that
j equal almost the blue grase of Keni
tucky, all of which will inure largely
| to the encouragement of stock raising
. in this county, to say nothing of
I the valuable increases that will follow
' and to say nothing further of the enor
j mous expense we are incurring in the
| p-urchase of fertilizer, a large portion
of which will be saved by following
the raising of cattle.
HOT, HtTST & HITTER,
Hunt, Hunt & Hunter is one of tie
well known firms of the Newberry bar;
the senior member having laid the
foundation of its success in his practice
two decades ago. Tne nrm is
-fltE ' . -/''V/ " ..." '
W. H. HUNT.
composed of W. H. Hunt. I. H. Hunt
and J. B. Hunter. They have been one
of the woremost law firms in Central
Carolina in the promotion of commercial
enterprises. They are attorneys
for the Commercial Bank, the Bank of
I. H. HUNT.
Prosperity, Mol'ohon Mills Oakland
Mills and other large concerns in the
community. Mr. W. H. Hunt is the
president of the Oakland Cotton Mills
ami lias lievn one of the foremost citizens
of Newberry in enterprises of a '
constructive nature. Mr. I. H. Hunt, is
an able attorney and counsellor and
o:i?: of tho s:;fc?t advisors at the bar.
H lire ben ] remittent in the important
affairs of the county in court and
matters outside of court. Mr. Hunter
r\ i _ j?.
Cash on h
Jno. M. Kii
n 1 *# .
is stored a
loan f reel]
time will I
Jno. M. .Kir
O- B. Maye
J. Y. McFa'
the other member of the firm, is a law- j
yer of ability and a first honor grad- '
uate of Newberry college. He prac-!
ticc-d a short while in Saluda county, j
THE 0 VKIjANI* COTTOX 3HLLS
Oli?> <>i 1 lit1 X'W i?J!lS I!1 FIIO MJIK- ?.1 !
Model in Equipment and
The Oakland Gotten Mills is one oi' j
the new mills in the .stave, started in a ;
brief perk):l of revival in mill building j
in South Carolina, when several anod- ;
- c onr! nripQdnvQn
land and in banks
i VJ ^
Individual - .
Z. F. Wright
dent Newberry Cotton Mills
L. W. Floyd
nag.r Newberry Cotton Oil Mills
J. H. Wesc
J. Y. McFall
IIT us to call your attention tc
0 condition and rapid growth c
le Hundred Thousand Dollars
ave loaned most liberally, and
it our Warehouses, at the rate
y on other Bankable paper,
o see us with any bankable pr
be glad for you to inspect the
ing machine recently installed
r Vice President
We Pay Interest in C
ry of the State of South Carolina,
The Bank That Alw<
ern plants were put into operation, j
i he Oakland Mill has been a success, j
even though it was organized ana put j
into operation just before the war de- j
nro^ei/M! und in the time of the highest
t r^c-wuT.?? ?w??? _
V' . V;; * '
I. H. HUNT. " v
jv for r> ? 3n. !t is located just j
< ?nd .1: incorporate limits of the.
of Xowberrv. a conspiccous pile!
] < !] buildings crowning a pretty;
greer, slope of the hi-If. which sur-!
round the city. The plant, buildings j
and machinery, were erected with a
view to economical .operation, labor I
and time saving and modern sanitation i
p.nd safety. In these respects, as in I
others, for that matter, the Oakland I
:rry, s. c.
*mber 10, 191E
O. B. Mayer. Vi
Geo. S. Mower
Counsellor at Law
W. H. Hunt
President Oakland Cotton
F. Z. Wilson
> the above excellent statemen
>f our Bank; our resources am
in excess of HALF A MILLI
we are still ready to loan, on c
of 6 per cent, per annum, am
oposition you may have, and al
worirings of our wonderful
R. L. Tarrant Assis
R. H. Wright Assis
)ur Savings Department
County of Newberry and City of I
ays Treats You Right
Mill is a model in the cotton belt.
This mill operates 20,160 spindles and
542 looms. Employment is given to
226 skilled operatives. These live in
a neat and attractive mill village where
mmr-v o^vontofra- nf mmmnnitv I if A is
t?ci J au.uui.u8v, J
given them. This mill makes wide;
sheetings and print cloths (When it !
first started operation, Mr. Hunt, the '
president, was told that he could not j
use native cotton, but has undertaken
to do it and has beon particularly sue- j
cessftil, and now uses no other kind 1
of cotton than that raised around New- J
berry. The mill consumes 4,000 bales
of cotton a year.. This successful undertaking
gives to the farmers of New
berry another and a considerable con- j
sumer of their product and reinforces i
the market to that extent. ,
The capital stock of the Oakland
Mills is $335,000. The officers are, W. j
H Hun... president and treasurer; J. !
M. KiiiarJ, vice president: J. X. Mc- j
Caughrln, secretary and assistant '
treasurer: T. J. Digby, superintend-'
c-nt.. The 'directors are all well known !
men of Newberry city and county, Dr. [
George Y. Hunter. W. H. Porcher.
.Tames A. Burton. G. S. Mower. F. N. ,
Martin. I H. Hunt, Z. F. Wright; .John
M. Kinard and W. H. Hunt. All of i
these gentlemen, excepr Mr. Porcher, !
who is a prominent citizpn of Char-1
lottp, X. C., are prominently identified j
with other industries and all good j
works in the county, and "have done |
their full share in th-^ development of!
the possibilities of the county for ;
5,232 57 * I
78,416.25 \ 1
\ I ; '
" 1 A
ON DOL- j
d will also i
t the same
itant Cashier if
.Bookkeeper . I
' ' ... ' I
I will be in New- - j
1 _ J' - *\ 1,
Derry mis wcc&
with the second car
load of the best
hogs that can be
found in East Ten- j
nesee. J. R. Green s
J. Lute Harrison j