The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-08-24
THE AMERICAN NATIONAL.
The New Bank Will be Ready to
Commence Business To-
Morrow.
This Adds Another Solid Financial
Institution to Helena's List
Of Banks.
1t Starts With . Capital OF 5000, 900 and
Will Conduct . General Bank
ing Business.

Tomorrow morning the American Ma
tional bank of Helena, will open its doors
for business, thus adding another to the
solid financial institutions of the capital
city. The incorporators and officers OF the
new bank are all we'll known and success
full business men of Montana, and they take
into the business the experience gained in
many years of active life. T. G. Power
is the president, and his reputa-
ton as an enterprising and successful bust
ness man is we'll known throughout the en-
tire state. The president, A. j. Selig-
man, one of the firm of Bach, Cory o. Co.,
has not only large mercantile interests all
over Montana. but is likewise one of the
most successful mining men in the commu-
| nifty. Mr.. A. G. Johnson, the cashier, has for
many years been connected with the house
of L. G. Power d. Co., at Fort Benton, and
is especially fitted for the position he will
occupy in the institution. Mr.. g. F. Cope,
of Virginia City, who will be the assistant
cashier, has for twenty seven years been
resident of Madison county, where he has
engaged in recent years in the mining bust
ness. No man in southern Montana is
more widely or more favorably known than
Mr.. Cope, and a large portion of the Ameri-
cans outside business will undoubtedly
come from that section of the state.
The board of directors is composed of
Jockey and James Sullivan. For the pres
ent Mr.. Cope will act as teller, while John
II. Miller, until recently with Guthrie d Co.
is the bookkeeper.
The bank starts with a capital of $780,
600, and the design is to conduct a general
principal cities of this country and Europe,
rs well as dong general collection bust
ness. Interest will be allowed on time de-
pcsits. The correspondents of the bank, SO
far as selected. are the Western National, of
New York, Metropolitan National, of Chi
National Bank of Commerce, Minneapolis.
In the selection of a location and the fit
ting up and arrangement of the banking
house the new institution has been particu-
larly fortunate. Occupying as it does the
corner of the Power block. at Main and
| Sixth avenue, it places it right in the heart
of the business section. There are two en-
| frances, one on the corner, the main one,
| and the other on Sixth avenue. On first
entering the bank one is struck with its size
and perfect light, seven large windows
making it in the latter respect the best of
its kind in the city. To the left of he main
entrance is the cashiers private room, then
in regular succession the departments of
paying and receiving tellers, assistant cash
Ter and bookkeepers. In the rear of these
| departments are the directors rooms hand
! somely carpeted and furnished. just off the
directors roc LOS. to the rear, is the vault,
fitted with time locks and of the best man
ufacture. The bank has the latest thing in a
telephone-the instrument being placed in
a handsome box, in the rear Of the assistant
cashier, and the talker can shut the outside
world out while using the phone.
The lobby is very large, with a tiled floor,
while the partitions separating it are of
antique oak, surmounted by bronzed iron
work, fitted with plate and Clipped plate
glass, the whole resting on notified mar
bic base which extends quite around the en-
closure. For the use of customers there are
three standing desks, placed between win
doWs, each large enough to accommodate
two persons at the same time. Taken alto.
gether, the American has as handsome and
convenient banking house rs there is in
the northwest. and with the ample capital
and brains which will direct it's affairs
there is no doubt of it's successful career.