Administrative Information

Access Restrictions

There are no restrictions.

Use Restrictions

There are no restrictions.

Preferred Citation

Savings Bank of Newport News Minute Book and Stock Book, 1901-1904. Local Government Records Collection, Newport News (City)/Warwick County Court Records. The Library of Virginia, Richmond, Virginia.

Acquisition Information

These items came to the Library of Virginia in a transfer of court records from Newport News (City) Circuit Court.

Historical Information

Chartered in 1901, the Savings Bank of Newport News did not open its doors until 1 March 1902. The bank operated in Newport News, Va., during the early twentieth century. Early officers of the bank included L. F. Barnes, president, and Carter Perkins, cashier and secretary.

Scope and Content

Savings Bank of Newport News Minute Book, 1901-1904, records the minutes for the meetings of the bank's board of directors and stockholders. In early meetings, the board of directors and stockholders discussed establishing the bank's charter, selecting board members, crafting a constitution, and adopting bylaws. Details concerning the acquirement of stockholders and the collection capital stock from subscribers were included in later meetings.

Savings Bank of Newport News Stock Book, 1903, includes duplicate stock certificates kept for the bank's records of capital stock shares sold. Each stock certificate includes a certificate number, date of purchase, name of buyer, and the number of shares purchased.

Index Terms

Corporate Names:

• Savings Bank of Newport News (Newport News, Va.).

Subjects:

• Banks and banking--Accounting.
• Banks and banking--History--20th century.
• Banks and banking--Virginia--Newport News.
• Stock companies--Virginia--Newport News.

Geographical Names:

• Newport News (Va.)--History--20th century.

Genre and Form Terms:

• Business records--Virginia--Newport News.
• Local government records--Virginia--Newport News.
• Minute books--Virginia--Newport News.
• Minutes--Virginia--Newport News.
• Stock certificates--Virginia--Newport News.