Arizona republican., 1906-03-16
INSTITUTIONS AND REAL
THE VALLEY BANK.

Among the agencies which have very materially contributed to the
 growth of the citys prosperity in the past and among those which promise
 to do much for the future few have occupied a more commanding posi-
 tion than the above named financial
 institution, which during the quarter of a century of it's existence, has be-
 come a tower of financial strength. not only in the city and valley, but throughout the territory as well. The history of the Valley Bank,
 which was originally incorporated in 1SS2 as the First National Bank of Phoenix, and was one year later made a territorial institution under it's pres ent title, is so closely identified with the history. growth and development of this portion of Arizona that the two might read as one. Away back in 1883, when Phoenix was but little more than trading post and Prescott was the metropolis of Arizona, the bank was organized by such substantial citizens as F. J. Bennitt, Gen. Moses H.
 Sherman, Col. Wm. Christy, ". J. Murphy and Andrew Crawford. After the reorganization the following year the bank continued its successful ca reer, which mas continued minterrupt-
 edly until the present time.
 It has always been the principle of the management of the Valley Bank to
 maintain a policy as liberal and pro
 gressive as is consistent with conser- vative methods. It is but just to say
 that this spirit has done more for the upbuilding and development of the city and valley than is generally un- derstood.
 The Valley Bank has an extensive patronage throughout this section of the territory and does a general bank ing business, buying and selling ex- change, both foreign and domestic. on all the principal commercial centers, and sOlicits accounts with individuals,
 firms and corporations. It has for it's correspondents the strongest banks of the great cities of the east and west
 The bank has paid up capital of S1OO,OOO and a paid up surplus of $25,- 0OO. Its board of directors are among the representative men of the city and territory, men whose names are most intimately associated with the best in terests of this section of Arizona The personnel is as follows: Jas New lands. .Jr.. president, one of the great capitalists of San Francisco. is nephew of the distinguished Senator Newlands of Nevada and a grandson of the late Senator Sharon of Cali fornia one of the early California mil liOnaires
 MT. F. J. Bennitt, the first vice presi- dent, was one of the original found CTS of the bank. and IS a highly esteemed resident of Phoenix, at pres ent engaged in the real estate business in this city
 w. D. Fulwilef, the second vice president, was for many years identi- fled with tIe Arizona Improvement company. He has taken an active part in public affairs since his arrival in the valley and has served as presi- dent of the board of trade. as well as having occupied many other positions Of trust and responsibility, in which he has demonstrated his ability.
 MT Lloyd E. Christy. the cashier. is e' 'Si' VI N~CA- " ill oIilSlN- one or the organizers of the Valley Bank, and a gentleman with years of experience in the banking business both here and in the east These gentlemen together with the following compose the off cers and directors: Ezra w. Thayer. John WiX Thomas. J. c. Kirkpatrick and P. T. Hurley.
 The gentlemen composing this per sonnel in the business and financial realm of the city and territory require no introduction or commendation at the instance of The Republican.