davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19
THATCHER BROS. BANKING COMPANY.

deposits sGO9S2l. These two amounts
epltomige with peculiar emphasis, the
growth Of this bank.
II has been the policy to make many
small loans rather than fewer large
ones, and thus TO extend the aid and
influence Of the bank ns far MS possible.
At the present time II has outstand-
Ing fully 1000 loans, and depositors'
accounts number fully 1000. IL thus
has 5000 patrons on its books, covering
a geographical area which embraces
northern Utah. southern Idaho, and
portions Of Wyoming. This showing
IL exceeded only by the largest banks
In this state. As an indication of It's
accommodating character ana policy,
II has n rule under which II lends s25
for GO days for charge of 80 cents.
This makes It emphatically the poor
mans bank As n rule the minimum
charge by banks on the smallest loan
is one dollar.
This institution has always made a
practice Of loaning money on real
estate, yet In the twenty zone years OF
It's existence 1t has foreclosed only three
mortgages. IL has waited for, and
aided and accommodated borrowers
until they nave at length been able to
repay their loans The kindly dispo-
sition Of the institution. and its SYM
pathy for the poor man I'm distress. are
eloquently attested by it's record in
regard to foreclosing mortgages.
The policy of the bank has been, first
OF all, conservative. II has carefully
avoided every kind Of speculative In
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

On Jan. 3, 1889. twenty-one years ago,
a bank began business in Logan under
the name Of Thatcher Brothers 6 co,
1t was the pioneer bank between Og-
den and Boise. and it's paid up capt
tai was S50,5O0 The stockholders
were as follows Geo. w. Thatcher,
who was manager. Moses Thatcher,
VIM. d. Hendricks, H. u. Hatch. who
was cashier; w A. Rossiter, Maria Y.
Dougall and s. r. Josseyn The bank
was conducted as a partnership UNI
I'll Jan. 3, 1880, when Il was incorpor-
ated under the name of Thatcher
Brothers Banking CO.. with Geo W.
Thatcher president; l.. s. Hills vice
president, and II r.. Hatch, cashier.
The board Of directors numbered eleven.
and in addition TO the original partners
the following became stockholders
John sharp, George Romney, w. w.
Ritter, j. c. cutler, Henry Dinwoodey
ID II. Peery, X. j. Taylor, II. j. Grant
r. q. Weber. Francis Armstrong, j.
II Little, Frank w jennings, Joseph
Howell, and a number of prominent
citizens OF Cache county, A stronger
array could not easily have been or
ganized IN the then territory OF Utah
Hon. George w Thatcher, president
died Dec %, 1902, but nearly all Of the
other gentlemen named are still identl-
fed with the bank.
When the bank was incorporated, its
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19
g. LOGAN AN EDUCATIONAL CENTER -


eWN HE most noteworthy feature
n Of Logan is It's educational IN
N stitutions "rhe Athens Of the
Mountains Is title Il Is
n earning, and II is an undeni-
n able fact that It's young peo-
IA pie give evidence in manner
~ appearance and behavior, Of a
culture that puts them on a par with
the youth of any eastern city Else
where In this issue are spoken Of at
length the Brigham Young college and
the Agricultural college, the two insti-
tutions that have done so much TO con-
FER educational pre-emnencc on the
town but In this connection It's dis
trict schools ought not to be forgotten.
Logan has Il splendid system Of dis
trict schools The school buildings are
modern, handsome and commodious,
the teachers are capable the super
vision is admirable, and the work and
progress of the pupils highly satisfac-
tory.
1t might be thought out Of place to
HlthNi'H " lHcdNtl dS lhiA W NV W"
cationa system OF a town, but It is
nevertheless true that the Thatcher
Opera house has been a valuable adj
Junct to the schools and colleges Of
Logan, in educating, refining and teach
ing good manners to the youth Of the
town.
or the moral status OF Logan, 1t may
be said that 1t Is Of the highest. Prob
ably there is not a city of equal size
IN the whole world where so little vice
and immortality exist. The incoming
city administration has announced
resolute purpose to maintain this graft
flying status, and even to still further
curtail the liquor traffic. when, 1t Ia
admitted, has heretofore been kept
within narrow bounds.
But the public opinion of Logan de-
mands that It's streets shall be kept free
from such temptations and allurements
as would detract from Its character as
an ideal college town and such Will
be the policy OF the new city govern
ment.
During the decade from 1890 TO 1900
Logan did not grow nor change much
but the past three years has witnessed
surprising improvements. verltabe
building boom has been In progress,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19
FIRST NATIONAL BANK.

One OF the solid financial institutions
OF northern Utah Is the First National
Bank OF Logan. II was Incorporated
Dec. %, 1891, with capital stock Of
$4,000 and its oilccrs and directors
are as follows: w. S. Mccormick, presi .
dent James Quayle. vice president; a.
NJ Fleming, cashier; George A. PEREZ
val, assistant cashier. All except the
last named are directors, as also are
the following; Joseph f. Smith, Thorn
as Smart, Soren Hansen, John II. An
derson, John II, Davis and G. c. Good
win.
II Is unnecessary to inform any citi-
zen of this section that a bank which
has for its president W. S. Mccormick
and which embraces in it's directorate
Joseph +. Smith. Is a perfectly safe
concern While Hon, W. $. Mccormick
IL noted for his willingness to accom-
modate borrowers when he can do so
on business principles. he Is also noted
as one OF the ablest and Wealthest
hnanciers I'm the intermountain region,
Hon, James Quayle, the vice presi-
dent of the bank. has much to do with
rs policy ana affairs. He Is n pioneer
OF Cache county, and one Of It's staunch-
est citizens, and Is noted for sound
judgment and sagacious foresight in
financial matters.
Mr.. Fleming the cashier, Is a gentle
man widely known for his business
ability and affable manners, and In Mr..
Percival he has an able and popular
lieutenant.
This bank puts forth the strongest
claims to the implicit confidence Of
depositors. Its policy IL emlnently
conservative, yet II Is always willing
20 aid any enterprise OF merit, and TO
accommodate borrowers Its officers
and stockholders are identified or In
close sympathy with the commercial
life OF northern Utah, and win always
be found reliable. patriotic and public
spirited, Farmers. stock men and even
mechanics, residing In or within rea-
sonablc distance Of Logan, would do
well TO open accounts with this bank.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

and large number of fine business
buildings have been erected while new
residences dot all parts of the city, IN
the business district is seen today an
array of elegant show windows that
would do credit TO an eastern city sew
eral times as large as Logan, and the
paved sidewalks I'm this part of the city
add greatly TO its appearance, and the
comforts of pedestrians. Nearly two
miles of sidewalks have been paved
and the good work will be continued,
The town seems to have entered on
n period of prolonged and substantial
prosperity, as a great deal OF building
is being projected for the coming year
The question of a lighting plant for
the city has been one that has evoked
a great amount of discussion. a golu-
ton for It has been sought, and Is be-
lieVed To have been found. In the ac-
ton that has recently been taken ny
the city government I'm bonding the city
for SIS, COO for the purpose OF providing
an electric lighting system. During
the canvass that preceded the vote ON
the bond issue a public opinion was
sought to be created that would insure
O permanent non partisan admlnlstra-
ton of the lighting department ana
this at least partly accounts Tor me
ySopositon.
The city owns a splendid water power
IN Logan canyon, I'VE miles irom Town,
where the power house Is located, ana
most OF the poles on which to string
the wires are I'm place. The city joined
with the Rocky Mountain Bell Tele-
phone company I'm the matter Of poles
At the present time the city W. lBhl-
"a by private corporation, but when
the municipality's system is IN opera
ton It is believed the rates charged
citizens will be considerably reduced,
The capacity Of the plant at tho
power house can be doubled by COM
paratively small outlay and the cry
will be enabled TO realize substoh-
tlal revenue from the sale OF power
which Il viii be I'm a position TO iuI-
nish in excess of what its lighting
plant win require.
1t is evident that care, Skill good
Judgment and genuine patriotism nave
been and are stlll being exercised IN
the management OF the fiscal affairs
Of this thriving city.
~ one Of the questions now being agi-
among rs citizens Is that Of bet
a. IDS. An object lesson has been
~ to the local public this year, by
/cronstructlon of a boulevard from
Ibr Tabernacle square nearly 10 the
Horticultural college, which skirts the
J.. Drink OF the canyon, and makes one or
the most picturesque and impressive
drives on the continent The view from
this boulevard IL simply superb.
This splendid public Improvement IN
cludes a macadamized roadway p1ral-
leled by smooth walk which IL shad-
ed by three rows of trees. Pedestrians
going TO the Temple and students OF
the Agricultural college take delight
In threading this beautiful thorough
fare.
Logan has long been noted for the
manufacture Of -four and dairy prod
ucts, and within a few years It has
achieved fame for the knit goods It
turns out. The sugar factory adds
greatly to its prestige and prosperity
as a manufacturing center, but another
enterprise that will do great deal in
the same direction, should 1t material
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

Instruction Is given in the following
schools
School Of Arts.-This school offers n
course leading to the degree OF A. u.
students who have received this de-
gree In the past have been admitted
to graduate departments OF some OF
the best universities Of America.
School Of Engineering The degree OF
b. >, Is conferred on those complet-
ing the work outlined. The instruction
In this course Is thorough and is made
so practicable that student COM
pleting same will be fitted for actual
work IN tho field
Normal School.--The work done IN
this school is Of the very best. as is
demonstrated BY the fact that some
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

vestment, but has sought TO aid home
enterprises and business men. In 1884
when II was only year old, Il passed
through period of stringency,
amounting almost 10 a panic, and
everyone knows how the severe press
ure Of 1898 and succeeding years at
fected banks and general business in
terests in this region yet this bank
never knew 4 moment of financial
embarrassment
OF the late president OF the bank,
Hon. George W, Thatcher, who con-
trolled Ito policy until his death, a
wear ago, It may truthfully be said that
he was one of the ablest fnanciers in
the state, Always judicious, clear
headed and far-sghted, he was a safe
pilot even on the toughest financial
sea. To his rare qualities as a bust
ness man he added those Of patriotism,
public spirit and kindly sympathyand
few men have done more than he to
foster and build mp the region in which
ne operated. Under his management
this bank became remarkably strong,
solid and prosperous institution.
Since mis- death his brother, Hon.
Moses Thatcher vice president of the
Doseret National and Deseret Savings
banks, has been In control, and there
is every assurance that the safe, con-
sentative and benehcent policy that has
always been maintained heretofore,
will BE- perpetuated.
There il not bank In the state
whore borrowers viii meet with more
consderate treatment. or which lF bet
ter entitled to the implicit confidence
of depositors than Is the Thatcher
Brothers Banking Go, Of Logan,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

made in the factory. but with a great
variety Of lines that go 10 make up a
first class assortment of ladies' and
gents furnishing goods.
The management of the corporation
reposes in the hands OF Joseph r.. Car
don Esq, the secretary and treasurer.
and Melvin j. Ballard, Esq. the vice
president They are both young men,
natives of Logan,and comprise a strong
team That they possess unusual bus
mess ana executive ability is fully at
tested by the growth and prosperity OF
the corporation under their control,
Both the wholesale and retail trade OF
the states above named can obtain
from the Logan Knitting Factory, UNI
limited quantities OF goods in the lines
above described, and all patrons may
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

capital stock was Increased to 100000
and In july 1900, It was again increased
TO Sl50,0O0 fully paid up. At the time
of its incorporation an alliance was
entered into between IT, the Deseret
National Bank of Salt Lake city and
the First National bank OF ogden look
ing to mutual aid In case OF run. This
alliance greatly strengthened the Lo-
gan bank and it stll exists,
Business was begun in the Carbon q
Thatcher building on Main street but
about a year and a half later q re-
movAl was made 10 n small brick
building on Center street. In 1880 the
bank removed TO the handsome block
shown In lhe above engraving. The
following historical items are interest
Ing: The deposits on the first day
were Sl5661 20; second day, SS,696.60,
third day. i2.1S5l3. For several months
the deposits averaged about $500 per
day A number of persons had been
awaiting the opening Of the bank, which
accounts for the showing made the
first two days. serious obstacle to
the opening of bank account in those
days was the tax OF two cents each on
checks. A book containing 100 checks
cost deposition two dollars. But not
wlthstanding this drawback the number
of depOsitors steadily increased. The
first loan was made 10 the Logan Jour
nal Printing & Publishing co.. and
was $3.50.
The first statement OF the banks con-
clifton which ts records contain was
made after It's Incorporation, and is
dated June /, 1889, 1t shows deposits
subject TO check, s97196.lS, The last
statement, dated Nov, II, 1908, shows
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19
BRIGHAM YOUNG COLLEGE, LOGAN, UTAH

The Latter-day Saints scientific. nor
NAL, and Domestic Science School
POLICY.
II has been the aim Of the college TO
make OF It's students sincere Latter
day Saints, lt seeks also to promote
the higher educational interests Of the
people and aims TO provide liberal
and thorough education, embracing not
only mental discipline and physical
training. but also practical work in
domestic science for young ladies', car
pentry, agriculture, and other practical
subjects for the young men thus car
rying out, as ter as possible with the
means at the disposal OF the trustees.
the wishes Of its great founder Presi-
dent Brigham Young.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

Of tho ablest teachers in northern utan
or southern Idaho are counted amons 3
It's graduates. A training school u
maintained In order TO give advance
students practical experience pelo,o
the completion of their course rs a.,
indication OF the character OF wv,
school the principal annually mas =.
refuse large number OF apphcaH''
for seats,
Business School This school " ~
servedly very popular. II designs "
prepare students for commerclh ~
suits at the same time that II kt,,,s
such other subjects os ere rege'o ,h'
10 good general education ~
keeping and banking, stehos .",YcJial
telcgraphy, typewntIng, Gonna ''
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

certan Logan ought to have n street
railroad extending from the depot to
the Agricultural college and many
citizens are hoping 70 sec Il construct
cd
Real estate in Logan has been abb
normally low for years, but 1t has re-
Gently become hrmer, and late trans
fers show that prices are stiffenlng.
Next year win undoubtedly witness a
material advance IN prices.
OF Logan as whole. Il may be said
that It is a beautiful town physically,
that 1t is an ideal place for a home
that It has pleasant and sa;ubrlous
climate, a fine class OF citizens, a pure
and cultured social atmosphere, and
educational facilities Of the highest or
der. Its natural resources are rich
and abundant, It's present prosperity
highly satisfactory, and its future
bright ana roseate.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

ize, ia now being mooted. This Is noth-
ing more noe less than the establish
ment Of a large wooden factory
Negotiations are In progress between
prominent citizens Of Logan and east
ern parties looking TO the erection Of a
large wooden mill OF great capacity;
and II Is by no means Improbable that
this viii be done az an carly day To-
San IL an IDEAL site for large wooden
mill, and she has many progressive
citizens who realize what such an in
dustry would mean for the city.
There are rumors IN the air OF n street
railroad IN Logan. ana OF an electric
road sklrtlpg the south end OF the
Cache valley And there is even talk
Of an electric road from Logan to Brig
ham city. Discussion NJ better trans
poratlon facilities can 10 no harm. but
rather will likely pave the way for
their accomplishment. one thing Is
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-12-19

depend upon receiving fair treatment,
low prices, and goods that are just
what they are represented to be,
A site for new store and factory
has recently been purchased on Main
street a short distance north OF First
North street, and building 26xl00 feet
IN size Will be erected with all posi-
Die dispatch, for the accommodation
OF the factory and store. II IL an in
teresting fact that about $50 people are
given employment by this institution.
The Elk Mountain pilot., 1903-03-24

Denver. March 21.-The opinions of
the judges of the Supreme Court of the
state of Colorado in which the validity
of the Rush amendment was upheld
was handed down yesterday morning
at almost the same time that Judge
Marshall of the United States Circuit
Court. Judge Hallett concurring. decided
that the consolidation of the city and
county and the delivery of the assets
of the county to the city should not
be enjoined on the suit of Fred p.
Watts, former county commissioner.
The opinion of the court was writ
ten by Judge Steele, sustaining the
Rush bill, Judge Gabbert concurring.
and Chief Justice Campbell dissenting.
Judge Campbell dissents principally
upon the ground that there was irreg-
ularity in the passage of the bill and
that it constituted two amendments.
The opinions are very lengthy, cover
ing nearly three pages of seven-col-
umn paper in small type.
The attorneys will be given fifteen
days from the filing of the written opin-
ions in which to prepare their petit
tions for a rehearing. 1t is expected
that counsel for City Clerk Paul j.
sours will begin this work at once.
Then the court will require some time
In which to examine the authorities
The Elk Mountain pilot., 1903-03-24
SUPREME COURT ANNOUNCES
TEXT OF RUSH BILL DECISION

presented with view to shaking its
first opinion and it will probably be
about May l before a decision on the
petition for rehearing will be rem
dered.
Alter three and oIie-hah months of
uncertainty the provisions of the Rush
amendment. so far as the officers of
the old county of Arapahoe are con-
cerned. have been carried. The au-
thorities of the city of Denver are now
in complete control of the court house
of the county of Denver. Imediately
after the decision of the judges of the
United States District Court was handed
down yesterday morning, Chairman
Fred p Watts of the former Board of
Commissioners came TO the court house
and told his friends that 'it was all
over" and that the committee from the
City Council would be given charge of
the building as soon as they would
come for it, A telephone message was
sent to the committee. consisting Of
Presidents Hover and Tebbetts of the
two boards of the Council and to Audit
or Barton. At quarter after IL they
arrived at the court house and went at
once to the offices formerly occupied by
the commissioners. Gentlemen, you
are in charge here" was all that Mr.
Watts said.
The Elk Mountain pilot., 1903-03-24
UNITED STATES COURT DECIDES
IN FAVOR OF RUSH AMENDMENT

Denver March 21.-In handing down
his opinion sustaining the home rule
amendment yesterday Federal Judge
Marshall knocked the last prop from
under the opposition to the amendment
Sitting in the United States court with
Judge Hailett. he ruled that Fred P.
Watts, former county commissioner
had no case for an injunction against
Charles S. Elder. and denied the mo-
ton. thus sustaining the Rush bill.
The Federal court eliminated all
questions in the suit excepting the
claim of the plaintiff as a taxpayer in
the county of Arapahoe. involving the
application of funds of that county
The court held that it's jurisdiction was
very properly invoked. and, taking up
the merits of the controversy. Judge
Marshall said:
I'VE take these laws of the state,
including the constitution of the state.
as construed by its highest court. as a
rule of decision for this court"
Thus the Federal Court accepted the
ruling of the State Supreme Court on
the questions of the amendment con-
ficting with the constitution of the
state and ruled that the contention,
that it confiicted with the constitution
of the United States. in that it, in eff
feet, creates state within the bound
aries of another state, was not well
taken.
The Elk Mountain pilot., 1903-03-24
COLORADO GENERAL ASSEMBLY
AND DOINGS AT THE CAPITAL

EXtradition papers were granted on
the 18th inst by Governor Peabody for
w. e. Curry. travelling salesman of
Cleveland. Ohio. under arrest at Pueb-
10 on the charge of embezZlement. The
complainant. the Vincent-Barstow
Company of Cleveland, alleges that it
gave Curry mileage books to the value
of $50 and $25 in cash to go to Wheel
ing. West Virginia. but that he EN-
bezzled the goods" and came to Pu-
eblo.
The general appropriation bills. the
short and long ones, have been COM
pared by several of the members inter-
ested in figures, and the present bills
are found to appropriate $113.0S3.53
less than those of two years ago. The
short appropriation bill of the Thir-
teenth General Assembly disposed OF
$342 2.459.S4 including the S251,50 of
contingent fund that has disappeared,
and the long appropriation bill dis
posed of s5SS.Sl7.49. The short appro-
priation bill of the Fourteenth General
Assembly authorized the distribution
of s171 .973.SO. and the long appropria-
ton measure will disburse s646.200.
This amount. however. may be in
creased before the bill is passed.
IN tne House on Marcn lIth the COM
mittee on appropriations reported on
the following bills: III. b. No. 20. to ap-
propriate $3.50 for the School for the
Deaf and Blind; II. b. No. $50, to ap-
propriate 100000 for the Home for De-
pendent and Neglected Children; II. b.
No. 124. to appropriate $4,000 for the
Soldiers and Sailors Home; II. B. No.
332. to make an appropriation for the
penitentiary. cut from s250,000 to $780,
900; II. B. No. 55. to make an appro-
priation for the reformatory, cut from
$4,000 to s75.oO0; H. B. No. T. to
make an appropriation for the Boys
Industrial School. cut from 100000 to
S95 900; Fl. b. No. Sc. to make an ap-
propriation for improvements at the
reformatory, amended to come out of
the general fund. and cut from $50, 900
to $4,000. The committee also report
ed out the general appropriation bill
The latter is designed to make reduc-
tions in the force of the help employed
about the capitol. to limit the contin-
gent fund to S12l 900 and leaves the
State Board of Arbitration without any
fund for its maintenance. .