Salisbury, June 27—The Salisbury Bank and Trust Company, one of the city’s largest banking institutions, is to be merged with the Wachovia Bank and Trust Company, which has a branch bank here, it was learned tonight when stockholders of the Salisbury Bank and Trust Company admitted they were signing over their stock to the Wachovia bank.
Formal statements were not made by officials of either bank. W.E. McWhirter, cashier of the Salisbury Bank and Trust Company, stated tonight that he would issue a statement Saturday.
From the front page of the Concord Daily Tribune, Saturday, June 28, 1924
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