The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-07-03
SAVINGS BANK
FOR WICHITA
Strong institution VIII be
Opened Here August |.
NJ. w. LEVY PRESIDENT
Capital Stock to be $4,000
for Starter.
M. w. LEVY PRESIDENT

The State Savings Bank Of Wichita VIII
open for business August /. in the Wall
building on North Market street The
officers Of this new institution are n. ".
Levy president. T. B. Wan. yice-presi-
dent; h w Lewis. cashier and secre-
tary. The board of directors is com
posed OF the following gentlemen OF this
city: l. F West. Albert Hess. Kos
Harris and II Bloch. together with the
officers. The capital stock OF the bank
is 10 be $4,000 and viii be increased
from time 10 time as conditions warrant.
This hank. with its unusually strong
makeup promises to be a great blessing
to the people Of Wichita a distinct de-
parture in the usual functions Of such an
institution is The savings department.
There are only three of the kind in the
state Of Kansas today. There is one At
Leavenworth. Topeka and Kansas City.
Kan. They are indeed institutions organ
ized q make money. but the good that
a savings bank does a community cannot
be estimated in cold figures Deposits OF
any amount from s. up viii be accepted
and if deposited for stipulated time
VIII draw interest. Thus the institution
is conducive al a powerful economy,
which builds UP community with strong
timbers. the laboring people Many a s.
note is spent fer some little fancy Of
persons. simply because there is nothing
else 10 do with IT, 4 child may benefit
By It or a man well along in years, for
both are fortunate If they provide for
the future None are too rich or too
poor to reap q harvest of a savings ac-
count IL IS claimed that the
statistics of the School Savings
system in the United states show
that it is a great preventive Of crime.
bad habits and destiJuti0n.
The men connected with the bank need
no Introduction 10 wichita people They
all are known for careful. conservative
and successful business men. They are
men in whom every class Of people in this
city have confidence. They have grown
UP with Wichita and their interests are
her interests. Al have had honors con-
ferred upon them by Wichita and have
IN turn shed honor upon the city. help
build it mp and. best Of all. stood by her
IN her DAYS Of adversely.
The success of The bank IS without
doubt. Everything favors it and so it
cannot fail TO accomplish its purpose.
In the first and fundamental place II is
sound through and through, the kind
that alone survives q panic. Loans are
made on United States bonds. high-grade
collateral and on hrst-class improved
real estate on very conservative values.
The location Of the bank is a suitable
one for everyone because it is right IN
the heart OF the city. The building. situ-
ated but three doors north OF Douglas
avenue on Market street. is a fine brick
structure. three stories high. The new
bank wiz be located In the south half
OF the building. which is being fixed up
with one of the finest vaults In the state
and other convenieaces for this purpose.
The southwest corner is 10 be cut off.
causing the open door OF the bank to
face Douglas avenue. The inside is to
be remodeled and even. convenience for
q bank added 20 it,