Wichita eagle., 1886-10-20

We announced in these columns some
weeks since that the stockholders OF the
Farmers Loan and Trust Co., at their annual
meeting, had voted to increase the capital
from one hundred thousand dollars to two
hundred and fifty thousand dollars. The new
stock. we are informed, has been placed in
New England, Pennsylvania and this state,
and the subscribers to it are now paying in
the par value of the shares, one hundred dol
lars each. BY the first of November this
company win have solid fullpaid capital
Of a quarter Of million dollars, making it
lone OF q the largest financial institutions in
the state, and one Of such magnitude as would
be credit to any Of the older states.
The business of this company is the nego-
tiations of loans on farms and city property
1t has had extraordinary success, which is to
be attributed to the well directed energy and
sterling integrity OF its officers west and east.
T. O. Moffet, the president, is a clear headed
business man, and is honest to the core He
is also the head of the Ashland bank. and he
has just completed, to the popular satisfac-
ton, two terms as treasurer OF Harper coun-
ty. John +. Reese, the yice-president, is one
of the wealthy citizens of Wichita, having
made his fortune here; and although but q
young man, has retired from active business
affairs In him are blended the conserva-
tivism Of the native Pennsylvanian, and the
broad views of the adopted Kansan. James
u. Bent, the secretary, OF Anthony, is widely
Known in southern Kansas, and is admirably
fitted for the performance of the intricate
details incident to the duties Of his position
He is a prominent Official in tho agricultural
society at Anthony, besides being interested
in other enterprises of public usefulness. /.
II. Stevens, the treasurer, is pioneer settler
Of Harper county, and has been commis-
sioner Of the county since its organization.
He is president Of the First National bank of
Anthony, and is also Interested in mercan-
tile pursuits there. Frank Evans. formerly
of Wellington, but nov O resident OF Wich-
ita, is tie general examiner of tbs lands
upon which the company loans money. He
is amply qualified, by long and successful
experience. for this important trust, and Is
recognized as q man OF clear 'ilscernment
and perfect honesty. Moreover he is univeI-
sally popular, enjoying the confidence and
esteem OF the thousands vino have had deal
ings with him either as borrowers or lend
ers, during the past fifteen years. In q
word. they are all men Of upimpecchablC
character, whose every interest Is interwoyeI
with this state who have 'grown UP with
| the country, and wilhout whose cooperation
| and support 10 movement, circle. social
| financial or beneYolent. Is inaugurateI iu tht
| ocalit:es where they are known.
The far-ssei.lg sasacity Of the solid men Of
| lie geas5 discernei twenty-five years agC
| he golden opportunities Of safe aud profit
| able investment by advancin. money secgrel
by the broad acres OF the west, and the state
| this side Of the Mississippi river rejoice to
| Jay in q prosperity largely due to streaii
of New Englans capital which flowed hitf
| arward.
! A. c. Co.'s. tle general manager OF TIE
| company has MS offic. at soston, which i
now the great market Tor iha disposition o
| wsstern securities. lie has the advantage @
ex 3er:euce in mercantile pursuits and a wide
acqyaintancc with the numerous savinei
| banks Of New Englani. Mr.. Goss' great SIC
cess the past year il marketing the secure
| ties negotiated by The Farmers Loan ans
Trust COMPANY, stamp him as eIninc1.ly TIA
| right man for this important place.
The varied resources of PenEsylvania-it
| agriculture. coal. IRON. petroleum, timber snt
natural gas, with the giant railroad an
! manufacturing Interests which have growi
| oue of the1n-hsve made Philadelphia
| a center FOR accumulation of capi
| tai. much Of it idle This i look
;nz westward for active employment an
ade1usts returns. Henry s. Dott.-sr is Ia
manager in the Queker City. Es long hex
= re,ronsii,le and confidential position viii
| the ss-rn OF Peter Wright & Son7, Of Filila
dc!ph:a aud View York, who, bssie.es COL
tuctiu- an extensive foreign banking am
| foreign commission business. eoatrol iaggsi
.u.rslss- OF t7as-s-Atlautic steamers than AM
| otk.r american ksslse. Ir. pottege. ha'
| also recently tocn manager of tie pool
| r.ow dlssc.scI q the manufacturers oi
| ,srouzl. i-oa pipe n the United States, VIII
ite- ,,sl...rters z: Se~ York City.
The organization. supported by large eapi
.aJ - Tie ra7--seTs' Ioau and Trust conpa1,
i AMI kindred concerns. t'riuzs TIE REDUNDANT
! -.salsh Of the eos. within the reach o tbs
! west. Il Is structure rs@t:ng apoa sab
s.snt.ai foundations ansI spanning t}se inter
vesinz es.AsTal, oycr ~ficai capital EAay w:tA
co-sisisE.ce ccuse - u. scs:ter its bse-Ssangys
ovsr ar fa--reacaing TradTie@. and IN dae
.,v,a r,.y---r, "a, i.s eyx-,a-- rrh!r freigh.<,i