Sacred Heart Academy - Gradatim Yearbook (Belmont, NC)

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W ' SUlITHEllSTEllN EUNSTHUETIUN ' lJlllllPllNY 218 West Znd Street CHARLOTTE, NORTH CAROLINA llharlalla Hardware I Company C Telephone 3-1137 + 218 N. COLLEGE STREET CHARLOTTE, N. C. CHARLOTTE FISH 8x OYSTER COMPANY - Wholesale and Retail 300 EAST TRADE STREET CHARLOTTE, N, C. H-K CHEVROLET CO., Inc. I Sales Service I I BELMONT, N. C. I KRIMMINGER CANDY CO. I lfl'Imlv.mlv Cigars and Candies 1931 N. Allen St. Phone 5329 ' C'HARl.0TTE, N. C. 1 - - - J Y ' 'I ROBINSON'S DRUG STORE The Store of Personal Service BELMONT, N. C. Page Sixty-eight THE EllllllllTlM

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.1 1 1 1 l 1 1 i - Statement of Condition American Trust Company I MEMBER FEDERAL RESERVE SYSTEM CHARLOTTE, N. C. l DECEMBER 31, 1937 CCondensed from Reports to North Carolina Commissioner of Banks and to Federal Reserve Bank of Richmond, Virginiaj RESOURCES Cash in vault, on deposit in Federal Reserve Bank and due from banks ,,.,,,,,,,, E... .,,,,,,,, . ,,,,,,,,,,,, ,..,,,...,,,,, ,.,....,,,,,,,,, .,,., S 2 t 1.9-11,758.67 N V. S. Government obligations, direct andfor fully guaranteed . 1Z,577,935.0o Federal Land Bank, Federal Home Loan Bank and Listed Bonds ..,,,l,, ,.,...,,,,,,, . ... .. Y,,, ,,,,,, ,,YYo,,.. ..,,..,o,,. . . ..,,,,.,, ii,..,., 1 , 5 23,471.25 State of North Carolina and Stale of South Carolina bonds ,,,,.,Y,, 3,89o,91.I.64 Municipal bonds and notes . .,,, .. ,Y,. , ,.,,,,,, ,Y..,,,,,,,,,,,,,..,,,,......,....,.,,, 2 572,656.97 Loans eligible for rediscount by Federal Reserve Bank ,,,.., - ,,..Y, 4,980.825.26 Loans secured by listed stocks and bonds ,Y,,,...,, ,,,, ,.,,, ,.,, . . . 3.258,7.I8.54 Accrued interest on bonds ..,,,,,,,,, ,,,, ,,..,,,,,,, . ,..,, ,,,,,,,,,,,,, ,,,,, . 1 I 1 5,253.58 S-t9.922,552.97 I Other high grade. well secured loans .,,,...,..,.,,,.,,,..,,..,..,,,,,,,,,,,,,,,,,..,,,, 6.985,716.09 Cash surrender value life insurance policies carried on the Officers of the bank .. .. . cc.,,,,.,,,,,, c,...,,,,,,,,,,,,...,,.,.,,.,,,,.. ,,,.,..,, 3 9 ,302.50 Stock Federal Reserve Bank, Richmond, Va., and other I stocks and bonds ,,,,,,,,,,,,,. ,,,,,,,,,,, ,,,,,,..,.,,,,,,,,,,,,,,......,, 1 6 4,691.50 Customers' Liability On Acceptances .,,,,,,,,, .. ,,,,.,...,,,.,, 739,810.00 Banking House, Fourth Street property, and Furniture and Fixtures ,,..,.,,.,,.....,,,,..,,,,,,,,, ,c..,,..,.,,..,,...,,c..,,,,,,,,,, . .. 490,218.55 I Reserve for depreciation ...,...,,,,,..,,,,,,c,c,,.,,,,.....,,,,,c,c,c,..,,,,...,, ..c,,,c,c, 1 17,726.76 372,491.79 Other Real Estate CThe appraised value of which is 3189555.40 and the assessed value of which is SS1S8,007.50J ....... ......... ....... 7 7 .00 S58.224,641.85 I LIABILITIES Capital Stock ........... ......,...,,,..,,.........,,,,,,,,,.., ...,.. S 1 ,200,000.00 I Surplus .......... .............. .......,...... .................. ..,.... SS 1 , 2 00,000.00 Vndivided Proms .......... 687,899.19 I Reserves -Unallotted ......... - ..... ....... 3 00,000.00 2,l87,899.19 Reserve for unearned interest ............................... ....,..... 5 3,707.13 Reserve for Taxes and Contingencies ., ......,..............,............. ...... 4 4,396.69 I Reserve sufncient to Retire Premium on Bonds owned ..... .......... 5 40,104.70 638,208.52 Domestic and Foreign Aceeptances ................... .......... 7 39,810.00 I DEPOSITS , .................... L .... ..... S 3,458,724.14 S5X,224,641.85 ' OFFICERS W. H. WOOD F. W. DEARMON Prestdent Asst. Secretary-Treasn're'r T. E. HEMBY W. M. PORTER Executwe Vice-Preszdent Asst. Secretary-T1'easu'rer JOHN Fox J. P. ROBINSON Vice-President and Trust Officer Asst. S'ecretary-Treasurer R. E. KERR J. E. HENLEY Assistant Vice-President Asst. Secretary-Treasurer C. B. CAMPBELL J. CHADBOURN BOLLES Secretary and Treasurer , Assistant Trust Officer NINETEEN THlRl'Y-EIGHT Page Sixty-st'uc'r at I 7 F

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' I SMITH'S BOOK STORE 402 WEST TRADE STREET Phone 2-0070 CHARLOTTE, N. C. GENERAL FIRE EXTINGUISHER CO. I r0zIuvt.v Sold If.rc'lu.v1'1'z'Iy By GRINNELL COMPANY CHARLOTTE, N. C. CAROLINA ELECTRIC SUPPLY CO. Uistrilmturs ELECTRICAL MERCHANDISE 117 W. FIRST ST. CHARLOTTE, N. C. DAUGHTRY SHEET METAL COMPANY 1109 EAST TRADE STREET Phone 2-2195 CHARLOTTE, N. C. ,l1l7 SCOTT FEED COMPANY Purina, Chicken, Hog and Dairy Feeds-Garden and Field Seeds 610 S. COLLEGE STREET CHARLOTTE, N. C. I CHARLOTTE FEED 8: SEED COMPANY Feed, Flour, Fertilizer, Seeds J. I. Case Farm Implements 600 SOUTH COLLEGE STREET CHARLOTTE, N. C. ATRONIZE OUR - VERTISERS NINETEEN THIHTY-EIEHT Page Sixty-nine