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nomination and their re-election carried, as follows, in alphabetical order:
J. A. Breath, justice of the peace,
R. de Montluzin, physician.
J. K. Edwards, mayor of city, and lumber manufacturer. w L, M. Gex, merchant and contractor, H. H. Gordon, president Hancock Naval Stores Co.
Chas. L. Hopkins, president Bedell Steel Stiuctural Wks,, and capitalist. Jos. O. Mauffray, merchant.
Chas. G. Moreau, newspaper pub-i lisher. y
i'' John Osoinach, merchant.
R. R. Perkins, president Imperial Naval Stores Co.	~	•	'	'
A. L. Stokoe, manufacturer.
This Board elected the following-!named officers:	Chas.	L.	Hopkins,
president; L. M. Gex, vice president; Dr. R. de Montluzin, rice president; Geo. R. Rea, cashier; Jno. B. Spotorno, assistant cashier.
That Bay St. Louis and its people 1 should point with pride to the Merchants Bank as one of its leading and : foremost business institutions and as a factor in the development and uplifting i of the city, is pardonable; for the show-l ing is as we have headed this article, namely: extraordinary. This success is due to the efforts of every one person connected with the bank; with every patron; with every outsider who loves his or her town and never allows an opportunity to go by without a goodjword. To Mr. G. R. Rea, the wide-awake cashier, is due directly much of the bank’s success. He is active and ever on the alert for business; prompt in its discharge, and courteous to one and all and ' no effort is ever spared towards the uplifting and business - building of the bank. His work is of the telling kind and is appreciated.	*
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i ‘ Last week’s “write-up” of the story
, of the success of the Merchants Bank’s ! %
} prosperity and its 28 per cent, net dividend brought forth many eomplimen-'tary r.emarks and comment on the success of this sterling young institution and, incidentally, of the finances of Bay St. Louis,^ and the solJ3ity of the city generally. The friends of'the bailk expressed much gratification at The Echo’s write-up,'to which ’we reply,'every line Was fully deserved. ~ ..	'1.
The Merchants’ Bank.
Tbe fourth annual stockholders: meeting of the Merchants’’ Bank, was held last Monday night, and; the progress made by that institu-I tion shows up splendidly, as judged j by tbe 28 per cent, dividend declared. An era of prosperity has been enjoyed by the banks of this State during the past few years, especially those of south Mississippi, and the Merchants’ Bank has come in for its shdre.	^
Within the past few months the bank has erected and mov-! ed into a building of its own, and it ; is conceded to be one of the hand- j someston the coast.
The officers elected for the ensuing year are: 0. L. Hopkins, [president; Dr. Roger de Montluzin, vice'president; L. M. Gex, ■ j vice president; Geo. R. Rea, cashier; John B. S|>ortono, assistant cashier. Tbe directors of the bank are: R. R. Perkins, C. L. Hopkins, A. L. Stockoe, J. A. Breath, John K. Edwards, C. G. Moreau, John Osoin- , ach, J. O. Mauffray, H. H. Gordon, f
L. M. Gex and Di*. Roger de Montluzin. These gentlemen are well-known throughout the cou-nty, the majority of whom are among the best business men of our city.
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The Merchants Bank has sent out notices to its stockholders announcing the regular annual meeting, to be held at its banking rooms on October 16, 1908. Considering the financial stringency of the past year and that the period in question has made times hard with the banks, the Merchants has ‘ done exceptionally well, and there will no doubt be a healthy dividend declared for those fortunate to hold stock in this thriving^young concern. The bank will close -its fifth year on the date of the meeting, and ever since its opening Mr. Geo.
R. Rea, assisted by Mr. John B. Spotorno, has been its cashier. No meade of praise too great can be said of Mr. Rea in behalf of his untiring efforts for- the bank’s success and in a measure largely due to his own it dividual attention can he attributed this success. Mr. Spotorno, too, has i given his undivided attention; his work has been unceasing and his duties ^t the bank are always of the very first consideration.
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BAY ST. LOUIS. Stockholders of Merchants’ Bank Hold Annual Meeting.
Special to The Tlines-Democrat.
Bay St. Louis, Oct. 17.—The fifth annual stockholders’ meeting of the Merchants* Bank was held last night A most creditable showing was made, evidencing a material increase of business since the bank’s organization. A dividend of 10 per cent was declared and a good amount added to the surplus account. All officers were re-elected as follows: R. R. Perkins, H. H. Gordon, A. L. Stokoe, Roger de Montlnzin, J. O. Mauffray, J. A. Breath, John Osoinach, L. M. Cox, Chas.' L. Hopkins, John K. Edwards and Chas. G. Moreau.	-	"	i
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At the recent fifth annual stockholders' meeting of
the Merchants Bank of Bay St. Louis, a most creditable
showing was made, evidencing a material increase business. A ten ~'
and
of
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business. A ten per cent, dividend was declared, * good sum placed to surplus. A vote of thanks was given to Cashier George R. Rhea for his efficient and successful management of the bank’s affairs.


Merchants Bank Document (010)
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