Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1888-03-16

/ Morse, Cashier Directors: NJ. Spaulding. H. G.
/ Spaulding. Wm Bissell, Geo. W. Young, and 7
+ +, Morse In regard 10 the stockholders of this
! bank We viii state that, they are among the great
+ unaucIers of the east being interested not ONLY
in this institution but also heavy stockholders in
/ the American National Bank of Kansas CITY.
/ United States National Bank Of Kansas. Atchison
\ Kansas, and many others. which alone places the
/ Philips County Bank among the mouied insti-
buttons of the city. 1t was the first bank estab-
] ished here, with paid up capital of $4,000 and
/ outside farms, surplus and other property TO the
/ amount of $1,000.
Through the kindness of the genial cashier we
/ had occasion TO examine the vault of this noted
/ bank. The building is one of the finest in the
( city, built of brick and stone as the cut on the
/ first page Of this mammoth edition illustrates, it
/ is two stories, with basement-the bank oecupv-
ing the whole of the first floor. In the near fu-
ture an elevator viii connect the basement and
/ banking rooms which the corporation proposes
| to occupy as real estate and abstract office In
/ speaking of the vault Of this bank we win say,
that they have the finest time-lock system we
/ ever had the pleasure OF examining, with FIRE
/ proof vault with solid piece of masonry six
! feet below the foundation. They transact gen
eral banking business, and have every facility for
making home and foreign collections, and de-
vote to this branch of its business careful and
]
make mention Of the genial cashier, Mr. J. F.
Morse, and more accommodating and pleasant
gentleman would indeed be hard to find. He is a
native of Vermont and finished his education at
the Derby Academy. From there he moved to
Boston and after a thorough course in a CONNER
cial college, he was engaged as boO-keeper to diff
ferent parties until the fall Of $780, when he took
charge of set of bank books at OsceoIa, Iowa.
In the summer of 1881 we Lrd Mr.. Morse opening
the books of the Phillips County Bank Of which
he was shortly afterward elected cashier, and is
now one of the largest stockholders in the con
Germ, and in whom the management has placed
almost the entire control. This institution has
always conducted their business upon the same
honorable and reliable basis, and those entering
into commercial relations with them can rely mp
on securing advantages not surpassed elsewhere.
THE FIRST NATIONAL BANK,
South West Corner Square. Any attempt to por-
tray the manufacturing and commercial interests
of any business center there must be given pos
ition Of prominence to her banks and monied in
situations, as they hold the great medium of ex-
change between trade centers and occupy the po-
sitiOn as arbitratOrs between debtors and credi-
tors. The success and ability displayed in their
arrangements, form an important guage by
which to estimate the commercial standing of the
business community where their influence exists
and an inspection of their standing and resour-
ces gives a valued index to the condition of all
business interests
The First National Bank of Phillipsburg is not
excelled by any bank in the county. The incep-
ton of the business of this bank dates from IAN
uary 1st. 1887, when it succeeded the Citizens
Bank with a capital of 100000 and surplus of
$500. The stockholders Of this institution are
widely known as successful business men. The
management of this bank is in the hands of q
OF nd ba
aiming to give full accommodations 20 its patrons,
and to advance the interests of Phillipsburg and
Phillips county.
The substantial characters of the Stockholders
and directors is guarantee for all funds and bust
ness intrusted to this National Corporation They
are prepared to give liberal and unlimited accom-
mOdations on approved security. All who wish
to borrow, who have interest, taxes or other mat
tiers to remit funds to deposit collections 10
make or any banking business to do, are invited
to call upon or address the Cashier Frank Strain
The officers of the bank are as follows: H =.
Granger. President; R. Rogers Vice President;
Frank strain Cashier, and W. d. Granger Assis-
tant Cashier Directors: II. S. Granger, R.
rogers, John BisseH. Frank Strain. Geo. Veeh
C. H. LeffngweI and ". H. Pratt.
Such a representative institution as The First
National Bank of PhilIfpsburg deserves the hear
ty and unanimous support of the business men
in this part of the State. Frank Strain the Cash
Ter is one of our progressive men. He has ever
given a conscientious support to all measures best
calculated to promote the permanent welfare, and
benefit, of this grand institution He is native Of
Indiana, an honored member of the Masonic
Lodge and when the Phillipsburg Lodge No. 1s4,
was organized, served as W. H. for three sue
cessive terms. In the year 1861. Mr.. Strain be-
ing Of a patriotic nature enlisted in the 18th In
diana Regiment Company G., serving four
years. After the war he engaged in milling and
lumber, until 1872, when he came to this country
where he took homestead and farmed until 1873.
In the year 1873, was elected County Treasurer.
in which capacity he served two terms. When
the Citizens Bank was organized in 1885, he was
elected Cashier, and when the First National
Bank began business in 1887, he retained the
same offce. We find Mr.. Strain genial, cour-
teOus gentleman, honorable and fair in all trans
actions, and who achieved a wen merited success.
DONALD MCDONALD & CO.,
Real Estate, Loan, Collection aud Insurance,
South East Corner OF Public Square.
A square, hearty hug ye gave me wife,
You'er glad I'm back it seems,
An so am to, I've thought bout you
Been seem ye in my dreams.
I've got our land, though-haIf-a-section, wife,
Bought Of Donald Mcdonald & Co.,
An when we get there in a month from now,
Life won't be so uphill you know.
The late course Of events in the financial world
has fnly demonstrated that there is no form Of in
vestment so safe and with such sure returns in
the long run, as real estate. Especially Is this
the case with regard TO the realty Of this great
western country, the total value Of which has at
tanned large proportions. Prudent and judicious
investments in Phinipsburg realty are more than
ever popular at this time. and the property mar
ket presents strong contrast to that OF stocks.
In this boom addition Of the Herald It is the aim
and intention to make accurate reference to all