Wichita eagle., 1890-02-11

bank, which is the newest national bank
in the city. While waiting for the cash
ier to be at leisure in this bank we were
much impressed by a newsboy. appar.
emily about IA years, coming in and de.
posting some money. On inquiry we
learned that his name was Samuel KERN
that he had commenced on the 1st OF
July TO deposit his spare money, and that
he then had over s175 to his credit, He
who learns early in life to save, mas laid
cial success.
Another strong bank is the State Ma
| tional bank, formerly the Kansas State
bank, and re-established in July under a
| national bank charter. Its president is
| the well known Benjamin Lombard, Jr..
of Boston, Mass, and its cashier is l.
d. Skinner, formerly from Creston, Ia,
where he was connected with the Lom-
bard Investment company, now OF Kan
sas City, Mo.
The Wichita National bank, NJ. w.
Levy, president, and L. A. Walton,
cashier, was established in 1872,
and has capital of $3.50,
600, and the surplus of $4,000,
with deposits of over 100000; among
its directors being n. +. Neiderlander,
president of the well known Kansas
Loan and Investment company, MIR.
Levy being treasurer. and a. w. Oliver
being vice president of both of the above
mentioned Institutions.
The Oldest bank in this city is the old
private bank of w. c. Woodman, now
deceased, known as the First Arkansas
Valley bank, established in 1870, or 1871,
William S. Woodman, son of the foun-
der, being president, and U. G. Wood
man, cashier; its capital and surplus
December 26, 1886, was $40, ,629. SO, this
being the last statement we could get
access to.
The largest deposits of any bank in
this city are those OF the Citizens bank,
which has paid up capital of $500, 900,
and is oficered by j. 0. Davidson, of the
Davidson Investment company: c.. A.
Walker, vice-president and general
manager of the bank, and John G. Derst,
cashier. Mr., Walker who is the active
manager of the bank is a clear headed
business man with whom we spent a
very pleasant hour, and we acknowledge
ourselves indebted to him for much val
liable information concerning the past
and present of this interesting city. The
bank islocated on one of the best bu usiness
corners of the city, at the corner of Main
street and Douglas avenue, the two lead
ing business streets, and its Office is as
fine as any in the city.
A mention of the banks Of
Wichita without directing attention
to the Savings Bank of Wich-
ita, would be valueless. as well as
incomplete, for the reason that its pres
ident, William Matthewson, is one of the
most noted personages in the history of
Kansas and the great west, being none
other than the original Buffalo Bill, but
who firing of the notoriety given him by
his name and early exploits on the west
ern plains, allowed the present owner of
that cognoInen to appropriate it. Still,
at the same time, we do not blame MIR.
Matthewson, for secret pride in the fact
that he was so thoroughly self-made
man and pioneer that he should be thus
distinguished. This bank was organized
in 1887 and enjoys the confidence of the
community as strong and well man.
aged institution.
Other banks are the West Side
National, the Wichita Banking COM
pany, and American Banking and Trust
financial enterprises are the Kansas
Loan company, and the Davidson In
vesment company. In addition to these
we may mention the Lombard Mortgage
company, j. c. Cochran, secretary and
manager, the same being a branch of
the Lombard Investment company of
Kansas City. The S. Il. Davidson Mort
gage company, of which Allen S. Apgar,
cashier of the Merchants Exchange
National bank, of New York City, is
vice-president, and which is the oldest
loan company doing business in the
town and county, with record or never
having lost dollar by foreclosure during
the whole period. This company is one
of the few companies in this portion of
state has been thoroughly examined by
the bank examiner of an eastern state,
that duty being performed yearly by the
bank examiner of the state Of Connecti-
cut, each time with perfect satisfaction
to that official.
One of the strong loan and investment
companies that we had the pleasure of
was the Sedgwick Loan
and Investment Co., of which Randolph
Hatfield is president, and r. E. Law
renee is treasurer, both of whom we
met. Mr. Hatfield called our attention
to the fact that the clearings of the
banks of Wichita did not seem to indi-
cate the great dullness that was said by
rivals of Wichita to exist, those for that
week showing an increase of 6S.8 per
cent.
Thus briefly have we reviewed the
commercial and financial interests of
this brightest of the galaxy of fair Kan
sas stars, and we confidently predict that
her enemies will live to see the day when
she will outshine all of her envious but
not more brilliant sister cities, and will
take the place that is hers by reason of
her proud position as the chief CONNER
cial city of the Southwest.