Download or read book A Standard History of Georgia and Georgians Volume 6 written by Lucian Lamar Knight and published by Theclassics.Us. This book was released on 2013-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... D. Stewart became a member of the firm, the style of which was then changed to J. H. Almand Son & Company. In a few years this enterprise had taken leading rank among the merchandise stores of Rockdale County. Mr. Almand was in active business as a merchant for more than twenty years. In September, 1892, he established the first bank at Conyers, a private institution, established more as a convenience to the customers and friends of Mr. Almand than with a view of profit. The bank continued in a flourishing condition, and in 1901 a state charter was taken out, and it has since been known as the Bank of Rockdale. Under the charter it started with a capital of $25,000, and in 1905 the capital stock was increased from the earnings of the bank to $50,000, besides a good surplus of undivided profits. The first president was John H. Almand. On the 11th of January, 1916, Mr. Almand retired from the banking business, after over twenty-three years spent in its service. Probably of still more importance than this bank has been Mr. Almand's enterprise in connection with the Millstead Manufacturing Company of Conyers. He was one of the organizers and is one of the largest stockholders and a director in this company, which was incorporated in 1908 with a capital stock of $250,000. The capital has since been increased with the rapid growth of the business. The facilities of the company are employed for the manufacture of heavy duck cloth. A splendid modern factory was erected at the outskirts of Conyers, and at the present time its equipment comprises 10,000 spindles and 104 duck looms. The product is heavy duck, in varying widths to six feet or more, and about 1,000 individuals find employment and depend upon this business for their livelihood. The...