Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1906-02-27
A SECOND BANK
IN CAPITAL CITY
$4,000 Subscrib-
ed Under Terri
torial Law.
DENVER FINANCIAL MEN
Heavily Interested--P President
and Cashier Chosen...
Local lncorporators.

The organization OF the United
States Bank and Trust Company in
this city yesterday means much for
the business interests of the Capital.
There is plenty of room for two banks
here.
The First National Bank, the sound
est and oldest financial institution in
the Southwest, has its own field, which
is constantly increasing and in which
it has been remarkably successful and
is so today. The new bank, under
Territorial charter, will have it's sep
arate field, which the New Mexican
believes will prove very profitable to
its stockholders and beneficial to this
city and county, as we'll as to other
parts of the Territory.
The New Mexican herewith gives
short biographical sketches of the in.
corpOrators, three of whom are, up to
date, non-residents of this city, and OF
three local men. Mr.. 1ngraham, the
cashier, will establish his permanent
home at an early date in this city.
Howard S. Reed, president of the
newly incorporated United States
Bank and Trust Company, which is to
occupy the first floor of the Laughlin
building being erected on Don Gaspar
Avenue and San Francisco Street. is
a fine type of the successful young
American business man.
Much Experience.
Although worth sol.ie $125,000 in his
own right, he is only 2S years old, Mr..
Reed was born in Los Angeles, Cali.
fornia, but was taken to Illinois by his
parents at an early age. He lived with
them in that state until the family re-
moved to Denver. There he resided
until he attained his majority, when
he went to Honduras. After resi-
dence of several years there, he again
visited the United States as commits.
sioner representing that Republic at
the Pan-American Exposition at Chi.
cago. While In that city he organized
company for the growing of bananas
in Honduras and became general man
ager Of the corporation, which position
he still holds.
Fie resided for some time in Hondu-
ras, but was later forced to return to
Denver by the death of his father and
brother which left him to care for an
aged mother Mr.. Reed owns consider
able real estate of value in Los An
geles, as we'll as large amount of
stock in the company he organized for
the production of bananas. This COM
pany now has about 2,10O acres under
cultivation. The banker will spend his
time in attending TO business affairs
in this city and Denver, residing part
OF the time in each city.
William A. Hampton, a large stock
holder in the new financial institu.
tion, and who will probably be it's vice
president, is S. years old and has spent
all OF his business life in banking. He
has been conducting bank at Ali.
ance, Nebraska, for the past ten years,
but recently sold his interests there
and removed with his family to Den.
yer. He is now completing hand.
some residence in that city on Capitol
Hill, where his family will reside and
where he will establish his headquar-
ters when not in this city. Mr.. Hamp-
ton Is reputed to be worth about $780,
900 and expects to start several
smaller private banks in New Mexico
towns as openings occur.
Prominent Banker.
Charles H. Ingraham, who will be
cashier of the bank, is So years of age
and has very good record in banking
circles, having held the position OF
cashier in the bank conducted by
Hungate, Ward & Company at La
Harpe, Illinois for twenty years. He
was born in New York City, but went
to Illinois with his parents when only
A years of age and resided in that
state until he came to Santa Fe a
few days ago. He has extensive real
estate interests in La Harpe and vi.
cinity and also expects to invest to
some extent in Santa Fe. He will
bring his family here early this spring
and expects to make the Capital City
his future home. Mr.. Ingraham is the
father of three daughters, one Of whom
Is now in school in Chicago and who
will not come to Santa Fe until after
finishing her work here, next year. He
expressed himself as delighted with
the climate of New Mexico and ex
poets to treat the members Of his fam
lily to pleasant surprise upon thell
arrival in the land of perpetual sun
i shine.
Mr.. Ingraham enjoys a very good
reputation for integrity and honesty
In his home at La Harpe and In I'LL