Clipped From The Waco News-Tribune

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 - 'Ânour Playing a conspicuous and increasingly...
'Ânour Playing a conspicuous and increasingly important important part in the financial, development and forward-looking program of Waco and Central Texas, making new friends day by day, and rendering a great service to thousands of customers customers and many who are not directly connected connected with the institution, the Central National Bank of Waco has become a household word and one of the most popular business concerns here. This bank claims the largest number of depositors depositors of any bank in Central Texas, the number number running well into the thousands, proving the great popularity of the bank, its policies and its personnel of officers and employes. I he Central National Bank was organized as the Exchange National Bank, later the Central Central Texas National Bank was organized. These two were consolidated and became the Central Texas Exchange National Bank on July 5, 1912, going to its present strategic location at the northwest corner of Fourth and Austin avenues. The name was changed Jan. 31,1920, to the Central National Bank, which is its present name. The Exchange National Bank started with a capital stock of $200,000 and the Central Texas Texas National Bank organized with a capital of $300,000. The consolidation thus made a bank of $500,000 capital. The last statement of the Central National Bank to the comptroller of the currency on Dec. 31, 1923, showed a capital of $500,000, surplus of $100,000 and undivided profits of $41,000, with total resources of nearly $5,000 $5,000 , 000 . The Central National Bank has many accounts accounts in this trade territory, also having connections connections with northern and eastern banks to facilitate facilitate the handling of cotton, grain, etc., in season. season. It is a member of the Federal Reserve bank system, and a stockholder in the Federal International Banking corporation, formed to finance shipments of cotton to foreign ports. I he bank not only has a strategic location, but is run by men who are experienced in banking, banking, who are accommodating, courteous, progressive progressive and ready to render all assistance to customers that is consistent with good banking banking rules and safe business methods. As one little instance of the up-to-dateness and courtesy of the bank, it might be mentioned that the institution distributes monthly the pamphlet issued by Mr. Roberts, a foremost economist and financier of the world. This covers covers all business conditions, manufactures, trade, labor and finance, foreign and domestic. / ; * : . * The bank renders special service to those seeking investments. Officials of the bank have this information and it is at the disposal of clients. Officers of the bank are: W. H. McCullough, McCullough, president; R. B. Dupree, active vice president; J. P. Anderson, vice president; C. L. Johnson, vice president; E. R. Nash, vice president; president; Chas. F. Eubank, cashier, J. T. Willis, assistant cashier; R. W. Jablonowski Jr., assistant assistant cashier. Directors: J. P. Anderson, S. H. Clinton, R. B. Dupree, C. L. Johnson, S. Hirschberg, E. R. Nash, D. Pippin, Cal Shelton, Shelton, W. H. McCullough.

Clipped from The Waco News-Tribune17 Feb 1924, SunPage 19

The Waco News-Tribune (Waco, Texas)17 Feb 1924, SunPage 19
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