Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1906-07-03
NEW BANK AT TAOS.
Posey S. Wilson TO Be Assistant
Cashier Of Financial Institution
HIS Record.


posey S. Wilson, Of Denver, who has
taken position as assistant cashier
with the Taos branch Of the United
States Bank and Trust Company,
which will be opened this week, ar.
rived in Santa Fe Saturday for the
purpose of attending to business mat.
ters preparatory to assuming his new
duties.
Mr.. Wilson began his business life
In the old and reliable banking house
of Robert Aull and Company of Lex
ington, Missouri, of which his father
was the junior partner. After years
service as assistant bookkeeper there
he entered Bryant and Stratton's bus
mess college, receiving an account.
ants diploma and attending lectures
on law, commerce and finance.
Having completed his school work,
he went TO the Merchants National
Bank, ST Lonis. After spending a
spring and summer with a Nebraska
freighting outfit he entered the State
Bank of Iowa at Oskaloosa. After
year there. being taken again wi
the western fever, he went as cashier
to a Nebraska City bank. which had a
highly successful career while he was
with it. He then engaged with the
banking firm of J. A. Ware and Com
pany as partner In their Omaha and
Cheyenne banks.
In couple Of years he exchanged
his Omaha interests for his partners
Cheyenne interests and carried on a
private banking business in the latter
city. Being stockholder in the
First National Bank of Cheyenne,
whose first cashier was heavy de-
faulter, Mr. Wilson was elected cash
Ter to succeed him, and also entered
the private banking firm at the ter
minus of the Union Pacific Railroa|
as it moved, and furnished all the
currency which the road used in the
western half OF it's construction, from
Cheyenne, Wyoming, to Corinne,
Utah.
Three years after the completion
of the railway, Mr.. Wilson sold his
Utah business to the famous mining
banker Warren Hussey, and concen-
trated at Cheyenne, selling out his
stock in the First National Bank Of
Cheyenne and also in the First Ma
tional Bank Of Denver.
In 1876 he retired from banking
to engage III farming and stock rails
ing in northern Colorado. Upon
Clevelands Inauguration, Mr.. Wilson
was appointed superintendent of the
United States mint at Denver. which
position be filled acceptably, receiy-
ing an unsolicited testimonial from
the drecSOr Of the mint at Washing
ton, D. C
He then entered the Browne Ma
tlonal R ink OF Spokane. Washington,
and WIZ soon promoted to assistant
cashier of the Columbia Valley Ma
tional Bank at Wenatchee, which was
owned by the Spokane bank. There
lie was elected mayor Of the new town
and as treasurer of a line of steam
boats on the upper Columbia River,
partly owned by lin Hill of the Great
Northern.
The combined effects of the panic
of 1893 and the unprecedented Hood
Of 1894 in the Columbia depressed
affairs to such an extent that Mr.. VIII
son entered the government service
as internal revenue agent, serving in
the income-tax division in New York,
and later in the liquor and tobacco dl-
visions in Kentucky, Virginia, North
Carolina and South Carolina.
During the Spanish-American war
he was in the treasury department
under Secretary Gage, in the division
of loans and currency. Preferring
the quartermaster's department.. he
entered that, but resigned after the
evacuation of Cuba and returned to
his former home in Colorado.
AT one time Mr.. Wilson was Offer
ed the cashiers place in Kountze's
great bank in Denver, the Colorado
National, again the City National, ana
at an earlier time the charge OF the
Wells Fargo Bank at Salt Lake was
offered him.
Now that Mr.. Wilson has accepted
a position in Taos, he hopes TO make
that town his home for long Time
to come. The Taos branch will nave
all the strength and prestige OF the
main institution, in this city, and OF
its founders. 1t will be able to furnish
the capital, exchange and depositlns
facilities which the coming and grow
ing city of Taos and the rich region
adjacent are sure to require,