Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-03-29
A NEW BANK.
Tho state Nations Bank Of Fort WORT 10
he Put Into speedy Operation. with
an Authorized Capital SOCK
Gxnp n a.

| SDUtiV We
some lime since the GAZETTE men
toned the Instability OF securing an
other hank and this grew first into
nrobabiljty and q few days ago lnl'
n certainty. The new bank VIII b'
known as the State National bank O
Fort Worth. The charter has ALREADY
been applied for. and the nece ssaiy
blanks received, filed and lcrwaIutn
The bank will start with . ihl1-iu
capital of 100000, already snbscripeo
and due June list, the authorized cap
itaI being $500 900. The lot ON the
southwest corner of Main ana fourtii
streets, which IS Just south o. IN,
Hotel Pickwlck, has been purchased
from Col. Smith and Mai. Jarvis, the
price paid being 5000 for twenty
! five-faot frontage. The plans are now
being made for n handsome ana suo-
stantlal brick structure OF probably
three stories, AS Col smith proposes ~
| once TO I'LL the rest OF that sue OF ,ne
block with buildings Of that height
The bank building will he crectt q ~ rap
idly us possible. IL Is expected 10 ilnNe
II ready for occupation by the middle
of July or the first OF August, II hoeal,
ller. The company will he orgahi|eu
on the first OF June. J..
Fort Worth Is indeed fortunate ~
securing this large addition 10
her capital, when other cl'ns
have sought the bank aud tired marc
to get IT, Col. w. NJ. Harrison, Ihe
largest stockholder aud Originator, De-
| fore settling upon point for the loca-
ton of the bank visited Dallas, fofl
Worth, san Antonio and houston lot
-
fered tile most favorable inducements
He found that of all the cities for'
Worth presented tie most euc>ur-
aging indications fr banking. lie
saw the spirit OF progress moved win
n liveIier speed here than elsewhere;
that there was no clashiBg OF selfish
and individual interests: that every
BODY in Fort Worth stood shoulder 70
shoulder to advance the common good;
that enterprise was characte l'tlc
of the city. The other banks even
said there was a plenty Of business
here, and that they would welcnhie
another bank. He knew that where
such progress was being made as here,
there must he an Increased banking
business, for more aud more capital
would be needed.
Fort Worth il glad TO receive the
new aid to her glorious future, aud
will right heartily welcome the gen
tlemcn and the institution they bring.
Half the stock is subscribed by Fort
Worth citizens, and the gentle
men who take the most
of the remaining stock will
make this their home. The addition
OF three cultured families will be made
to Fort Worth society.
The president of the new bank,
COZ. W. NJ. HARRISON,
il now president of the Ma
tional bank Of Henrietta
He was born in Bourbon county, Ken
trcky, In 1919 He raised to farm life
in Howard county, Missouri, from the
age of three or four years. At sixteen
he went to Washington, Arkansas,
where lac cleilled eighteen months in
his brothers. store. Then in 1886
he went TO Miller county, now
Red River county, where
lac commenced the mercantile business
on n capital of ! 800 aud credit for any
amount he wanted, which has never
been abused. In ISL he went TO
Clarksville, where lac mtrchaudsed
until the war. He purchased plan
tation in lsi1 and planted until the
surrender. He served IA quarlermas-
ter in the Confederate army eighteen
months, when he returned home and
was elected 10 the legislature, serving
one term. After the war he
sold his plantation for $4,000
! aud ~ IA member OF the hou-e
of Wright, Harrison & Company com
menced tie warehouse, wholesale
I a h. al. nj
Jefferson. borrowing $50, 900 To supple
ment the amount he had The
firms name was aiterward 10y
changes in its membership
J. W. & j. II. Russell d Co
This partnership WAS dissolved
by the death of ] w. Russell After
the firms dissolution Colonel Harrison
became one OF the original charter
members OF the national bunk of JEFF
frrsOn, aud was elected its president
continuing in that position
to this day. He ha
conducted a regular straightforward
legitimate banking business. Th'
profits have been enormous, owing I,
sound management. Col Harrison ha
been pr, sident from its organization
of the East Line ~ Red Rive
t railroad, which after languishing sew
eral years as n corporation in nam
only, was by him taken il
hand aud 10 his Industry an'
uniiring energy Is due tn
existence AS n fixed and paying fact 9
TINT welibuilt railroad. In CONNER
ciul circles he IL estimated NJ WORT
more than S250,0 900.
CAPT. UIEATr
who will be the vice president of th
bank, Is II native Kennckial
: He spent several wears In steamboat
, ing on the Ohio and Cumberland ril
crs. He went to New Orleans in LIST
aud from then until 1910 WAS engage
in .steamboatiug son the Red an
: Washita rivers, In 1873 L
became connected with the bank 4,
Jefferson and has been IA director mo-
OF the time since. lie has also ei
gagged In the cattle and stock business
The past two years lac has been in On
. ifornia for his wlfe's health. He Is
man that succeeds In everything |
o undertakes.
NH. A. u, SMITH,
Is the cashier of The Jefferson bauk, wi
probably be the cashier of the ne
y bank lie has an experience of twelN
s. years ia banking and is one of the be
business men in this or any 9th,
state. He Is pleasant, aifable al
Nj.