Picturesque New London and its environs, Groton, Mystic, Montville, Waterford, at the commencement of the twentieth century; notable features of interest .. . slow to change,proud of the citys jjast and of allthat has been good and creditable inher history, and yet alive to theopportunities of the present, and reach-ing out to get a share of the prosper-ity that has of late been coming toNew London in the rapid growth ofher popula-tion and theextension ofher Indus-tries. The Sav-ings BankOP New Lon-don was in-corporated inMay, 18 wereat this timebut threeSavingsBanks in theState of Co
Picturesque New London and its environs, Groton, Mystic, Montville, Waterford, at the commencement of the twentieth century; notable features of interest .. . slow to change,proud of the citys jjast and of allthat has been good and creditable inher history, and yet alive to theopportunities of the present, and reach-ing out to get a share of the prosper-ity that has of late been coming toNew London in the rapid growth ofher popula-tion and theextension ofher Indus-tries. The Sav-ings BankOP New Lon-don was in-corporated inMay, 18 wereat this timebut threeSavingsBanks in theState of Con-necticut :The Societyfor Savings,in Hartford:The Middle-town SavingsBank: and The Norwich SavingsSociety. The incorporators met inJune of that year, and EbenezerLearned was chosen President of theBank and Robert Coit business of the Bank was tran-sacted in the banking room of TheUnion Bank. In 1852. the Bank having outgrownthe limited aecouunodations whichcould be afforded by the Inion Bank,the Trustees Imilt on Main Street, onthe site now occupied by the new building proving inade(| 18!.> one addition was made and in. WILLIAM BELCHER,President New London City National Banli 1898 tlie capacity of the Bank wasdoubled by another addition. TheBanks growth has overtaken this in-creased capacity, and witliin a year ortwo another addition will be put on. Tiie financial growth of the SavingsBank of New London has l)een steadyand rapid. Its gain during the pastfiscal year was $445,954. Its deposit-ors niunlier aljout 98()5. Fr(jm the outset the Directors ofthe Bank have l)een citizens of NewLondon conspicuous for their business ability, andto that factmuch of thesuccess of theBank is Presi-dents of theBank havebeen Ezra( h a pp e ?. 11 e n e 7. e r1 - e a r n e d,Robert Coit,and the pres-ent incum-bent. WilliamH. Treas-urers havebeen Rol>ertCoit, JosephC. ,Joshua C. Learned, and the presentTreasur
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Keywords: ., bookcentury1900, bookdecade1900, bookidpicturesquen, bookyear1901
