LOCAL BANKS SAY 1925 WAS A GOOD YEAR
January 14-20, 1926
Rockingham County banks reported that 1925 was a very good year for them. Managers of First National Bank of Leaksville said the bank paid a 6 percent dividend, now has capital of $40,000 and surplus and undivided profits of more than $10,000. Dr. S.L. Martin was elected chairman of the bank, C.P. Wall and W.D. Carter, vice presidents, and A.E. Millner cashier and J.T. Mitchell, assistant cashier.
In Reidsville, Citizens Bank announced a 10 percent cash dividend. The bank began 1926 with paid-in capital of $75,000, surplus and undivided profits of $106,165, giving it working capital of $181,000, more than any other bank in the county. R.L. Watt was elected president, Eugene Irvin cashier and B.M. Balsley assistant cashier.
Meanwhile, directors of First National Bank of Reidsville declared a 6 percent dividend as management reported a surplus of $37,000. The managers said they felt the bank had had a good year, with its resources now exceeding $4.45 million despite an extreme drought that impacted its farm customers. R. S. Montgomery was elected president and Scott Fillman cashier. The committee in charge of the Anti-Tubercular Christmas Seal campaign in Reidsville raised $263.96 for the fight against tuberculosis, it was announced. ... Work is progressing rapidly on the new St. Luke's Episcopal Church in Spray, with the J.M. Hopper Construction Company rushing to get the building completed in time for a convocation Feb. 9-10. ... The powerful Leaksville High School basketball team defeated Oak Ridge Institute 33-23 and Mount Airy High 66-7 to remain undefeated.
After news stories about the problems of Frank Boyles, a crippled Rockingham County youth, enough contributions have come in from across the state to buy him a wheelchair. ... Superintendent O'Pry of the Danville and Western Railway said a new depot will be built in Leaksville on the opposite side of the tracks from where the present depot is. The location of the present depot is very inaccessible for automobiles and teams to approach for loading and unloading. ... Minnie, 4-year-old daughter of Mr. and Mrs. Anthony Stone of Spray, died of burns suffered when she tripped and fell into the fireplace at her home. Her mother was at work at the time and a servant who was supposed to be looking after her carelessly left the child alone for awhile. Children passing the house saw her aflame through a window and went to her rescue, but she was too terribly burned to survive.
On the radio: KDKA, Pittsburgh, Dinner concert by the KDKA Little Symphony Orchestra, 6;30 p.m.
For milady: Pure silk hose, $1.55.
For milord: Hart, Schaffner & Marx suit, $32.50.