The Helena independent., 1894-11-29

, Helena National bank. and Mr.. George
r.. Cope. the cashier of that institution
The bank win he oniccrcd by sx-
Gov $. r, lauser president; Z. D..
Edgcrton, vice president and manager;
and George p, Cope, cashier
This move secures 10 the First Nn-
tional banGand thereby directly 10 Hell
ena, the support and active cooperation
OF James Talbot, administrator OF the
Davis estate, which owns about 90 per
cent. OF the stock OF the old bank. and
win own about % per cent OF the capl.
tai stock in the new association; of the
influence OF the First National bank OF
Butte, and the personal care and at
tsntion. as well as the unbounded In
flucncc of Mr. Davis, who Is pros
pcctlvely the woalthiest man In the
state Of Montana and who has managed
with rare tact and ability the large
financial institution controlled and
owned by him and in itself worth two
millions
The contribution ~ new money by
the Davis estate and their friends will
amount to over one-quarter OF mill
lion dollars, This will give the new
institution cash balances Of over three
quarters OF a million dollars.
This, with the absolute certainty OF
the prosperous times to be anticipated
makes the new bank not only sound in
every respect. but gives It the largest
cash resources and the largest line OF
deposltors OF any financial institution in
Helena. The general balances OF the
two banks when consolidated Will be
little less than FIVE millions.
As the personnel OF the leading officers
we can only say that Ex-Gov. Hauser is
the best known man in the state OF
Montana and. has for years occupied
profVlnent HpositIon In its financial
interests; spd from the organization
of the First National bank to the pres
ent time he has occupied the position of
president. His retention as president
OF the enlarged and re-organlzed instl-
tuition is but another mark OF the high |
esteem in which he is held by his busi-
ness associates at home as well as
abroad
Mr.. Edgerton came here twelve years
ago from New York City and Is well
known in connection with the Second |
National bank, which he organized and
remained president Of from 1882 until its
consolidation with the Helena National
bank last year. The fact that he sue
ceeded in bringing both the Helena Ma
tlonal and the Second National banks
safely through the panic Of SO. that no
men were discharged nor wheels stopped
in all the business enterprises in which
he was engaged. and that all obliga-
tlons not only personal but OF his re-
spectlve banks, We're promptly met, and
the since rapid growth of the Helena
National bank, afford the best evidence
that can be adduced as to his ability to
safely and properly handle the large
affairs OF this new organization.
Mr.. Cope Is a man eminently fitted
and qualified In every respect to dis
charge the duties Of cashier Largely
to him may be attributed the success Of
the American National bank during the
trying times Of one year ago, and his
long connection with Montana interests
in the southeastern part OF the state. his
well-known integrity. business ability,
conservative methods and thorough ac-
qualntance with every detail Of the ar
rangements Of banking. especially quail
ify him for the trust and confidence
that is reposed by his selection for the
responsible position he is to occupy.
We feel this consolidation is a most
fortunate result for Helena. and is one
Of the most desirable things that could
possibly occur. The confidence Of our
own people in the future OF our city GER
tainly VIII be strengthened by the In
vestment Of such large sums of outside
money in our material interests.
The new bank will be one Of the larg-
est, most solid, and. under the present
management we believe the most con-
servative institution In the state Of
Montana. representing an aggregate Of
capital and deposits that cannot be
equalled by any financial institution be-
tween ST. Paul on the east. and san
Ernnclsrn On tho unsf