davidaulloa/AmericanStories huggingface dataset:
Arizona republican., 1906-03-16
PECKA BROS.

The real estate brokers of the city have responded literally to the call for cooperation in the work of this edition, and among the number none have evidenced a greater disposition to as sist than Pecka Brothers, a firm that has been established here for the past five years, during which time it has become one of the most active en- gagged in that line of business. The gentlemen composing the firm, by vir- tue of their many years experience in the business both here and in the east, are thoroughly informed on the minut- est details of all pertaining to this class of work.
 While the firm does a large amount of business in acreage property they also handle improved and unimprove1 city property. making a speciality of subdividing large tracts making all the improvements and selling the lots to prospective builders or home seeker IS on easy terms. This method of dis posing of property has met with great success in Los Angeles, many of the most progressive firms making all their sales in this manner. Messrs. Peckd Brothers are keen. shrewd and capa- ble business men who devote their best energies to the service of theic clients.
Arizona republican., 1906-03-16

acreage have placed their surplus holdings in the hands of wide-awake real estate men who daily set forth these property snaps" in the adver- Using columns of The Republican, or the owners themselves seek purchase CTS by the same far-reaching means. All tho public land within the confines of this Tonto project has been with drawn from entry for this reclama-
 tiOn work and there are no home steads available in connection with it.
 Hundreds of land owners will have to deal with the United States govern ment in arranging for repaying the cost of the TontO project and to eX- pedite these dealings the Salt River Valley Water Users Association was incorporated. This association is not land company and has nothing to do with the marketing of the land hold ings of its members. The plan of or
 ganiZation was thought SO good by government officials in connection with reclamation work that it has been adopted as a model for similar organ iZations where other irrigation pro-
Arizona republican., 1906-03-16
PHOENIX NATIONAL
 BANK.

Located in well appointed banking rooms in the Fleming building, the most imposing office building in the Southwest and one. too, that would do credit to a much older city than Phoe- nix. are the offices and counting rooms of the Phoenix National Bank which has been, since it's establishment, four teen years ago, an active factor in the p3 psperity and upbuilding of not only the city and valley, but the entire DOT ton of the territory tributary to Ari- zona's capital.
 Ii every town and city the bank is conceded to be an indispensable ad- junct to the convenient and safe ex- change of commodities and such in stitutiOns have proven to be of incaI- cuable good to their respective com munities. Phoenix may be said to be especially fortunate in the character and stability of her banking houses, and among the number the Phoenix National leads in public confidence, as evidenced by the largest deposits re- corded by any local banking house. No better evidence of the confidence in which the institution is held could be desired than by the preceding state nent. It has been the principle of the management, since the organization of the bank, 70 conduct the affairs of the bank upon the most liberal lines con- sistant with conservative methods, and it is but just to say that this spirit has done more for 9 upbuilding of the ,ity and valley than many agencies generally credited with greater in fiuence.
 The bank is provided with every safeguard in the way of fire and burglar-proOf vaults, known to the most thoroughly equipped metropolitan banking institution. and in point of fixtures and arrangements, is one of the best appointed banking rooms in Arizona.
 A general commercial banking busi- ness is carried on, and the banks de- posters register from all over the ter ritory. For correspondents, it has the strongest banks of the east and the west. Organized March F, 1892, the
Arizona republican., 1906-03-16
UNION BANK & TRUST
 COMPANY.

The Union Bank & Trust Company. organized in December, 1904 fills today an important part in the business life of Phoenix, occupying well appointed banking rooms in the Nicholson block on North Center street in tine very heart of the business district A gen eral banking and trust business Is transacted by the company. involving the receipt of deposits the payment of interest on term accounts, the loan ing of money on approved real estate, and all the usual features of enlight- ened banking. The company, aside from it's banking features, performs H service that previous to it's establish ment here was not to be secured in the valley. It acts as trustee for corpora tions and estates. The supreme ad- vantage of a strong and perpetual company over individuals as trustees is too apparent and too universally recognized by all intelligent persons to call for comment on the part of the Republican.
 The Union Bank & Trust Company is cautious in the conduct of it's busi- ness and in the investment of it's own and other peoples money, and has surrounded itself with every safeguard, all the employees being bonded, an l the directors meet daily at noon.
 The stockholders of this company embrace many of the most distinguish ed citizens of Phoenix. The personnel and directorate is exceptionally strong as will be seen by the following list of officers:
 w. F. Nichols, president, secretary of the territory and an old resident of Arizona; pr. J. M. Swetnam. vice pres ident, one of the prominent members of the medical profession: John T.. Mcdowell cashier for many years connected with Colorado banking houses. came to Phoenix some years ago from Globe where he had held responsible positions; F. L. Blumer secretary, manager of the Arizona Mutual Savings & Loan Assn, one of the most successful institutions in the Southwest; Geo. H. N. Luhrs, treas urer; D. Nicholson, auditor, the we'll known business man and merchant tailor; A. J. Edwards attorney and MT. L. J. Rice, manager of the trust department.
Arizona republican., 1906-03-16
HIRST & EGLY.

The real estate loan and insurance business owned and conducted by lh- above firm was established in 1s-s- Both members of the firm. however having been engaged iu the realty business for a number of years pre- viOus to the formation of the firm In real estate they handle CiIy and cuuu- try property both improved and uuim- proved. collect rents and look after t-le interests Of uou-resideurs and clients generally. The city property listed in- cIudes many desirable locations. and iu the country property both improved and wild lands are sold Some of th~ greatest deals the firm has made Lz this line are in the Buckeye vaIleE, lying about twenty-five miles south west of the city Here MT. e. IT. FIirrt owns 32O acres of most desirable land A large portion of which Is seeded sa alfalfa. In a recent interview sia- HirsJ stated that he had Tee-iR3 S1S.O0 an acre from the crop -oE s1-,E in addition 10 the fire pasJurase whicg il makes after the seed has been hlr- vested. Dairying in the Buckeye val ley is extremely profitable. and lands can be purchased ac prices that will not prevail lOnC- The wonderful pro ductiveness of the soil and the album dance Of water makes conditions here especially propitious for the raising of this great stock food. The ranchmeu
Arizona republican., 1906-03-16

gated in various parts of the valley
 One of the primary objects of the national irrigation act is to multiply homes. The farmer in an irrigated section needs only about one-quarter as much land from which to derive support for his family and besides lay by a competence, for with six or more crops in a year one acre will do the work of four in rain country. Here then is the opportunity for the home seeker. Land values in the Salt River valley ale already beginning to feel the impetus of strengthened conf dence, of assured prosperity in the future and the improved temper of those who have stood by their holdings through years of diversity and at least partial drought. Opportunities innumerable await the man with a lit tie capital and with health and energy to use it in building himself a home in the great Salt River valley.
 More farm homes mean more people to be housed. clothed. fed and supplied with the luXuries of life They mean increased business for the merchant. the banker and the professional man.
Arizona republican., 1906-03-16
OrtuRitieS Which Nay Be GraSped by Man With Lifte

resent the land owners, who are the water users, in their dealings with the government
 Included in the land to receive bene- fits of water stored in the Tonto reser- voir will be the 125,OOO acres now iI cultivation but which in recent years of shortage has lacked a small per centage of the needed yearly supply. Also will be acres of land once re- claimed but which for lack of storage has not been cultivated in recent years. One use of the power gener- ated in connection with the dam will be to operate pumping plants by means of which the large underground water supply may be drawn upon for irrigation purposes. By this means it is expected 10000 acres will be sup piled. which with the lS0,O acres to be supplied from the rivers flow. will make up the full 20O.000 acres in the project. Numerous private and cor porate pumping plants are already successfully drawing upon the under ground waters and by this means about 10000 acres are now being irri-
Arizona republican., 1906-03-16

The total estimated cost of the Tonto reservoir is $4,OOO,OOO of which amount about $2,5OO,OOO has already been expended or contracts entered into for it. The whole cost is to be proportionately divided among the owners of 100000 acres of land which will be benefited, and will be repaid by them in ten equal annual installments commencing after the dam is cOmplet- ed This $20 an acre will be in addi- tion to the individual cost of the land and there is a further yearly charge for carrying the water through the canals to the land of from 5 cents to S15O an acre. Under government con- trol. the latter charge will certainly De no more but will probably be less
 Practically all the land within the reservoir district is in private owner ship. although much is in large tracts and must be divided in order to re- ceive the benefits of stored water A provision of the national irrigation act restricts individual holdings to a quarter section. l60 acres, or less. and for that reason owners of a larger
Arizona republican., 1906-03-16
E. E. PASCOE.

F. F. Pascoe commenced business in Phoenix 13 years ago, and in that time has established the right of occupying q front rank of the realty brokers of the city. While MT. Pascoe makes d speciality of city real estate. having listed the choicest city business and residence property, improved and un- improved farm lands for sale on easy terms features of his business hard ly less important are the loan and in Surance departments For a number Of years after establishing himself in bus mess in this city. he confined his op- eratiOns almost exclusively to loaninE money on approved real estate. ana during that time had exceptional op- portunities for becoming informed on property values throughout the entire valley and the city in particular. Ia fire insurance he represents some of the strongest fire underwriters in the world prominent not only in the United States but in the foreign countries as well, among which may be mentioned the following: Queen Insurance Company, the Connecticut Fire Insurance Com pany. Mr. PascOe, in q recent inter view stated that, When the water question is finally and definitely seS- tied, the Salt River Valley will eX- perience a growth and development un- paralled in the history of the South west" His career in the realty mar ket of this city has been one of mark ed success, and it may be said to his credit that no firm in the city has done more to direct the attention of the outside world to this favored section.
Arizona republican., 1906-03-16

liberal lines consistent with conserva- tive methods and it is but just to say that this spirit has done more for the upbuilding of Phoenix and the Salt River Valley than many agencies gen orally credited with greater influence.
 The bank occupies the ground floor of the Gotten building, at the corner Of Center and Washington streets, in the heart of the city. It is provided with every safeguard, in the way of fire and burglar proof vaults, known to the most thoroughly equipped metropoli- tan banking institutions and in point of fixtures and arrangements is one of the best appointed banking rooms in Arizona. The immense vault is di- vided into two compartments, one of which is for the banks books and the other for cash.
 The National Bank of Arizona is the successor to the private bank of Kales & Lewis, established over a quarter of a century ago. by which token it is the oldest banking house in this DOT ton of Arizona. The founders of the bank were M. w. Kales and Sol Lewis gentlemen who organized the first bank in the territory, at Prescott. The bank was reOrganized and inCOrpOrat- ed as the National Bank of Arizona in 1887. since which time it was conduct ed under practically the same man agement until 1896, at which time MT Kales retired as president and in place of whom Emil Gang was elected presi- dent and s. Oberfelder cashier. in place of Geo. w. Hoadley. The off, cers and directors of the National Rank of Arizona are Emil Gang. presi- dent: Sol Lewis. a San Francisco capitalist, vice president; s. Ober- I ant cashier; Chas. Goldman, a promi- nent merchant; Ed Eisele, J. Thal- beimer. active merchants of Phoenix, and Jacob Miller, a retired cattleman. These gentlemen are too widely and favorabIy known throughout Arizona to require further introduction or commendation.
Arizona republican., 1906-03-16
H. I. LATHAM & co.

While the above company has been identified with the city and valley for the past eight years. the men compoS- ing its membership have been idsuti- fled with the channels of progress, tending to the upbuiIdins of Arizona since its very inception. and the f1rma- ton of the original company of Weir ick & Latham occurred in 1SyN- Since 1902 Mir Weirick has not been con necJed with the firm. and for two years Mir. Latham conducted the buS'Ur-S alone. admitting NIr. GarreJ Hulst ta partnership two years ago The bust ness of the firm includes the usual col lateral lines. such as loans and iusur- ance among which are uumbere many of the old reliable underwater 0f tl.- fire insurance world. In the real ss tate department both city and country property is handled. while one of tl- city's exclusive additions was placed on the market by MT Latham Par ticular attention is paid to the care of property for nou-resideuJS- Their long exoerieuce iu the business has made them accurate judges of prop erty values both ia the city and in the irrigated districts of the valley. and their representations are Of a mos conservative and reliable nature Mr- Latham has occupied a prominent po- sition on the Board of Trade for many years. Some years aso he organized the Phoenix Real Estate Board and was its first president The offices oe the company are handsomely appoint ed and occupy commodioUs quarters Cu North Center street -n the business center Of the city.
Arizona republican., 1906-03-16

A greater population in the tributary agricultural district means increase in all lines of business in the cities. whose merchants must handle the supplies coming in and the products going out from such community
 The soil is here. of proven richness: the sunshine is constant to induce prolific vegetable growth The water is assured with the backing of the United States government to guaran- tee its equitable conservation and dis uibutiOn; the only lack is enough men of energy and with a little capital to take advantage of the exceptional op- portunities offered and share in the unboUnded prosperity to follow.
 The great Salt River valley is tapped by three great trauscontineutaI railroad systems through two brancn lines running from north and south. From the main line of the santa Fe. at Ash Fork, 197 miles away. comes the :. F. P. & ?. railroad. running over mountain and through forest past mining camp and sneIter, grad ually descending and passing through hamlet and farm 10 reach Phoenix as
Arizona republican., 1906-03-16

it's objective point Two trains a day each way. in daylight and dark make adequate through line connections and give ample local service ro points along the road. Th-- branch line of the Southern Pacific and Rock Island sys- tems, the NJ S P S S- F. N- railway. runs northward thirty-live miles from Maricopa and also with Phae- nix as it's objective point X branch from this road runs from Tempe Go Mesa.
 Toward the east from Phoenix goes the Phoenix and Eastern. now iu nu- eratiou for over loo miles through a rich mining district This road Is planned as a link iu Iow-E-lda. through line for the great santa Fe system Another link is now building westward from a point above Wick enburg and has nearly reached thV Colorado river. after rravrrSlug a dis- trict where rich mineral finds are ar almost daily occurrence Connected through Phoenix by the S F. P. se I'.. these two links are expected Co put this city on the main line before many months have elapsed
Arizona republican., 1906-03-16
PHOENIX BUILDING &
 LOAN ASSN.

This institution was incorporated in 1889 by MT. R. H. Greene, who came to Phoenix in that year from his for mer home in Peoria, Illinois. where he had been identified for many years in a similar line of work. The capital stock now in force is 5000 shares of a par value of S10O. All the stock is earning a dividend and is not taxable Loans are advanced to members on the proper security for the purpose of building homes at rates of disburse- ment but little in advance of rent Since its organization the company has met with success. largely due to the presence of as able a body of men as is upon it's directorate, among them being c. F. Ainsworth. president: Wal ter Talbot, vice president; Harvey J. Lee, treasurer and R. H. Greene, sec retary.
Arizona republican., 1906-03-16

J. Ernest Walker. real estate broker
 land owner. successful irrigatiouist
 promoter and capitalist, was born in Virginia. in the year 1873. and was reared in the atmosphere of that de lightfully- aristocratic old southern state. A dcsceudcut of one of the old colonial families, he was educated and entered business in his native state
 where he remained until eleven years ago at which time owing to impaired health. he was forced. like so many other sresidents of this favored spoT, to seek the less rigorous cline of Ari- zona. Coming to Phoenix in 1895, at which time he was twenty-one years of age. he looked about him for a con- genial location for residence and busi- ness and decided to make his abode here. He is descended from that fa- nous old colonial stock, whose sturdy qualities of character have made their descendants prominent in the south, and these qualities were inherited bv young Walker in generous degree,
Arizona republican., 1906-03-16
ESTATE FIRMS OF PHOENIX

ley aside from his persolal holdings and has been especially active iu as- sistins in the development and pros- perity of that extremely ferSle and productive spot.
 But what Mr- Walker has done -ou a large scale personally and luiivid- ually. he has done in a far greater degree by directing the attention of outside capital to the exceptional ir- vestments offered by this section of Arizona and his books record uumer- ous deals of a magnitude Go visihi-- affect the progress and growth of the city He has established a reputation for being scrupuously exact iu his -ep- resentatiOns and the energetic cCC- sade he has prosecuted for Fho-uN and the Salt River Valley realty has
Arizona republican., 1906-03-16

are now peTfectins arrangements whereby they will take over the pres ent canal system and be in absolute control of the water The names of Hirst Gc Egly stand for business iuteE- rity. ability and enterprise and they are held in universal esteem
The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1906-08-24

coterie of financial sleight-of hand
artists. Mr.. Stubs proposes COM
pelling all corporations doing an IN
terstate business to take out federal
charter under a law rIgidly holding
them to such capitalization as they
actually pay in. A similar proposal
has been made by President Roose-
welt. elf the public wants a Square
Deal from the corporations" he
asks, "why not 60 to the very root
of the matter? Why not remove
the cause of practically all the evil
influences growing out of corporate
lifel Is it common sense or com.
mon honesty to give these CONNER
cial giants homeopathic doses and
absent treatment in federal legisla-
tion, when nothing short of COM
plete surgical operation can or will
be in any sense etfective?"
Shall the water be drained off
from all these public service corpor.
ations, or shall the line be drawn at
what wrong has already been ac-
complished, taxing the public per-
petually on this, but permitting no
further robbery of the same kind?
The argument against drastic ac-
ton is that innocent purchasers
would suffer. But the number of
innocent purchasers is hundreds of
thousands or millions, while the
public is tens of millions.
The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1906-08-24
Stubbs on Watered Stock


Mr.. Stubbs does not exaggerate
the situation when he says that the
formation of watered. stock corpora.
tion in the last few years has created
a permanent charge against the
public amounting to millions of dol
lars. The very statement of the
method by which such get.rich'
quick devices are formed condemns
their wickedness. 1t is scientific
method of stealing, and it accounts
for substantially all of the present.
day gigantic fortunes in the hands
of perhaps two or three hundred
men, wealth produced by others but
by financial legerdemaln transferred
to their pockets.
s"In most cases." "says Mr.. Stubbs,
this watered stock, representing no
value whatever, has been transferred
by the promoter to the innocent
purchaser and has become fixed
public charge which amounts to
billions of dollars, and every man,
woman and cnild in America is taxed
in proportion to the cost of has food,
clothing, the home ia which he lives
and the volume of his business tran
sactions to pay the several hundred
million dollars in annual dividends
on these enormous, 6ctltious, un-
earned fortunes.
Mr.. Stubbs cites the 500 million
dollars of stock which the promoters
of the steel trust issued to Them
selves as boaus for organizing the
trust. The fact that dividends were
declared the other day on steel
common means that the public has
bs.n taxed to pay these prom oters
interest on these $40 mllllon fake
dollars of certificates which they
issued to themselves, purporting to
be shares of stock representing
money invested 1t is idiotic to
suppose that the ihtelligent Ameri-
can public will go on taxing itself to
present fortunes year after year to
The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1906-08-24

Grimes books. The expert ac-
countants reported big shortage
under Kelly but when the whole
thing was sif'ed out in the courts
Kelly was found in the clear.
Grimes does not want to be SUBJ
jected to the unnecessary expense
of law suit but is willing to pay
without. 1t would not seem the
right thing to subject him to this
great expense, under the circum-
stances. There must be remark
ably slipshod method of bookkeeping
about the state house when q gang
of experts can't determine whether
an offer has robbed the state of a
hundred thousand dollars or the
state owes him. A little reform in
methods seems to be desirable.