University of South Carolina Libraries
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 K. 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 for years. 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-: nunity. 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- ' i 1 , ' , - " - .. J* '; ??Sg&3T^" ^ IDEXT CO MMERCIAL BANK. 1 P^^V fr\r- Uc q^ tr> ctmyyTSng j UiCl tiai JL^CVXIXV A.WA AWO vv w00--?c enterprises. , 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 I I > 1 -fltE ' . -/''V/ " ..." ' Ill 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. j _______________| 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 i t I i I . ! Th i I I I i ( I i Loans r\ i _ j?. uveraraii Real Est Cash on h Capital S Snrnlns a f Dividends Bills Pay? Deposits: Jno. M. Kii Pre-i n 1 *# . Lrenerai ivia PERN th. almost Or LARS. We h / is stored a loan f reel] Call t time will I bookkeep i I Jno. M. .Kir O- B. Maye J. Y. McFa' , Deposito i ???????? .. 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 RESIDENTS 0 THE 0 VKIjANI* COTTOX 3HLLS Oli?> <>i 1 lit1 X'W i?J!lS I!1 FIIO MJIK- ?.1 ! Model in Equipment and Operation. ! 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- ; f X leComm OF NEWBE Statement, Nov< RES 01 / - c onr! nripQdnvQn ate land and in banks LI ABU tock nd Profits > Unpaid i VJ ^ Individual - . Banks... DIREC iard President Z. F. Wright dent Newberry Cotton Mills L. W. Floyd nag.r Newberry Cotton Oil Mills J. H. Wesc West-Martin Co. 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 OF FJ iard President r Vice President 11 Cashier We Pay Interest in C ry of the State of South Carolina, The Bank That Alw< f ( f 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??? _ , i J V' . V;; * ' F I. H. HUNT. " v I | 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 i j ercial Ba :rry, s. c. *mber 10, 191E JRCES: , y. i $: LlllfcS: $437,963.50 4,038.86 4 $5' TORS: O. B. Mayer. Vi Geo. S. Mower Counsellor at Law W. H. Hunt President Oakland Cotton F. Z. Wilson Insurance Cashier > 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 [CERS: R. L. Tarrant Assis R. H. Wright Assis Floyd Bradley )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 ; business. I ? 1 i nk ' / > ^ 180,314.58 1 5,232 57 * I 16,072.25 90.868.21 I 592,487.61 50,000.00 m 78,416.25 \ 1 2,069.00 20,00000 \ I ; ' 142,002.36 92, 487.61 ce President i Mills " 1 A t showing ounting to ON DOL- j cotton that d will also i II t the same electrical i 1 >tant Cashier itant Cashier if .Bookkeeper . I dewberry ' ' ... ' I . ^ I I / ?mmm?I Hogs! 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 - Y stables. j J. Lute Harrison j