davidaulloa/AmericanStories huggingface dataset:
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
SOUTHWESTERN SAVINGS, LOAN
AND BUILDING ASSOCIATION.

Las Vegas has several financial In.
fstitutions that nre doing singly and
collectively much for the city's up.
building, but no institution In the city
Is doing more to push things along
here than is the Southwestern Saw.
ings, Loan and Building association,
which was Incorporated In May. 1899.
by Henry @, Coors, r. A. Manzanares,
Senator Jas. s. Duncan, Thos. Ross.
A, D. Higgins, A.. N Jordan and Fl. j..
Kendall. The authorized capital Is
s2.500,000, $4,000. 900 OF which "a sub
scribed ut this '..aS. The present
Officers are: Henry q. Coos presi.
dent; Jas. 8, Duncan. vice president;
Y. r. Perry. second vice president
and secretarytreasurcr: w. e.. Hay.
don. recorder and auditor.
The concern does n general savings
and loan business. The Objectionable
features OF the old building and loan
association ARE expurgated and the
business Ia transacted along safe and
conservative banking methnda. The
profits accruing being divided eauak
" among tho Investment stockholders
The concern has a bright future be-
fore u and II today Ia n snlendld IN.
stitutIon IN which 10 deposit small
savInws. Every family In Las Vegas
should have some shares In this wor.
thy enterprise.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

generally In city and ranch properly.
Real estate In Las Vegas has ever
been q good investment. There never
has been what might be called q
)oom Of inflated prices, consequent.
ly there never has been q time when
property could not DO turned and yield
q fair profit on the investment.
Under these circumstances the
business OF selling real estate
will call forth the energies Of
men OF the highest business calibre
and integrity. Therefore the city IL
to be congratulated on the formation
The Investment and Agency Cor
poration by such men, who will have
m important part to play In the set
element Of the great Las Vegas grant.
Mr.. Fleming, the secretary and
manager. has a most engaging person
Atty, and has an acquaintance with
that makes him exception
ally valuable to the corporation. He
$ up on every detail Of real estate
Investment and Is absolutely BON
sclcntlous In all OF his dealings with
he general public
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

coming development Of New Mexico.
Every town has these corporate bod
les and their influence for good Is
measured by the character Of the men
that compose and operate the corpor-
ate power. For many years the city
Of Las Vegas needed a corporation
to look after investments, organize
corporations and do q general agency
or trust business, but the movement
did not take definite shape until April,
1905, when Mr.. +. II. Pierce. Mr.. H.
W. Kelley. Mr.. A. A. Jones and Mr..
J. II. Stearns formed and incorporated
The Investment and Agency Corpora
ton, with an authorized capital Of
$4,000 Offices for the corporation
were opened on the corner OF Douglas
avenue and Sixth street, and the ser.
vices Of Mr.. Geo. A. Fleming, then
assistant secretary OF the territory Of
New Mexico, were secured as secre-
tary and manager. The officers OF
the corporation: F. H. Pierce. presi-
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
e%AcHARAcH BROS.


In the natural order OF things Las
Vegas would have become the distrib.
uting point for northern New Mexico,
II has and has had many natural ad.
vantages over other towns in the ter
ritory, but Its greatest advantage at
this time lies In the kind Of men that
are conducting the wholesale trade
In this city. There are several firms
all OF them composed Of active, earn.
est men, who are straining every
nerve and making use Of every natur.
al advantage that the city possessej ],
to build up the trade OF their houses
No firm In the city is composed Of
more active lmen or better merchants
than Is the firm OF Bacharach Bros I.
wholesale and retail dealers in gener.
al merchandise and buyers Of grain,
wool and pelts.
The BUSINESS was established in
1858 by Mr.. B. Lowenstein at Mora.
New Mexico. In 1887 there was 4
branch store opened here In Las We
gas under the firm name OF Lowen-
stein, Strousse & Co. The firm o
tinued to conduct the business until
1898 when the Bacharach's bought
into 1t and the business was conduct
ed under the firm name of Strousse
Y Bacharach until 1891, when the
B~acharach's bought the entire bust
ness and changed the firm name to
Bacharach Bros. Their building on
Railroad avenue is a fine two story
structure, 50x150 feet. and is fAled
with a large and well selected stock
OF general merchandise. Bacharach
Bros. and their house would be a
credit to any city.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

be the business centers to profit by
such a connection and give 1t their en-
tire and interested support, as the
cream Of the natural u of the
entire region lie almost entirely close
To the eastern base OF the mountains.
That portion Of the line which passes
through New Mexico will accommo-
date the business Of the country bet
ter than the Atchison, Topeka & San.
ia Fe, especially south of Las Vegas,
controlling also part OF Taos county
aid all Of Mora county north Of Las
Vegas. Z,
Both the Denver a Rio Grande and
the Santa Fe railways as at present
constructed are nearly two hundred
miles longer between Denver and il
Paso than the North and South line:
the reason being that they were con
structed with other objects in view.
The east and west lines form the
warp, and the north and south line the
woof OF what might be called our
railway fabric. At Denver and Ell
Paso there center such important east
and west lines as the Missouri Paci.
tic, the Union Pacific. the Burlington.
the Rock Island, the Texas and Paci.
TIC and Southern Pacific, as we'll as
the Santa Fe. Not one OF these lines is
90 constructed as to be able to cater
to the real locas business OF New Mex
too as the Denver 4 Rio Grande does
for Colorado, whereas a direct north
and south line might be made con.
tlnucus from Alaska to PATAGONIA, the
line Of the greatest possible length In
this continent, and be IN the heart OF
the real natural resources Of the
country throughout It's entire length,
vNenue OF the world, the road to
Such n connection between Dawson
Ind Tercio will furnish rhe most dir
sct and shortest route for the inter
at the smelfer OF the various
districts, as well as the most
transit line for travelling, ami
viii encourage the DEVELOPMENT OF
'verv industry possible along its D n
Ire length. The mining sections are
treat consumers OF agricultural pro-
although they produce nothing
" that kind, but there nre numerous
'laces a~longnthis route, such as the
Platte. .Arka S3Las Vegas and Pc.
>os valleys IfU4k -Saise LARGE q~nanti.
les OF agri} ultrraf aprnducts, which I
'uch route oAM Distribute.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
cooRs LUMBER co.
Dealer IN Coal Lumber, Builders
Hardware, Paints, Oils and Wall
Paper,

Commenced business here In 1879.
Mr.. II. q. Coors coming to Las Vegas
from r., Smith, Ark. Mr.. Coors was
postmaster for five years at Van Bur.
en-. Ark. His business here has
grown until now he occupies AZ entire
cifyplock. On the corner where Main
aveRue crosses Railroad avenue
sittlated his stare room. = splendi
Two story structure. 16xl1e
the yard are his lumber sheds xl4
bins which are all kept up in splendid
shape ana prove his claim OF being
one Or the largest dealers In his line
IN the territory. He operates three
saw mills in Mora county, the products
~ which are marketed through his
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

vate it. His first crop was harvested
last year and it was a good one; so
good tfiats all Of the beef and mutton
sold this year in hts splendid meat
market on Sixth street is fattefred IN
the grain raised on that farm. Mr..
Turner has been In Las Vegas fifteen
Years and for the past fo.r years has
been engaged in the butcher business.
He will construct his own slaughter
house next spring and expects In the
future to fatten and slaughter all of
his own meats. His shop is one of the
most popular In the city and this pop
ularity has been built up by giving
his patrons only the best Of every.
thing. Mr.. Turner said to an Optic
man: Il know that crops can be rails.
"a on the mesa and the development
of that great tract of land Is bound
to make Las Vegas grow"
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

known, and practically everything
t-~. - u. IL l.o4e.t Al from olue.
countries. That fact alone opens up
great commercial possibilities. when
one coLs.4e.s lac aggressive spiril
o. Cur country together with the large
and ever increasing mineral output Of
Mexico.
A merchant from Mexico visiting
Kansas City, st. Louis, Chicago, or
other eastern points, would find little
on sale In any OF them which his Gus
toners would need, whereas, II he
should visit Denver, Pueblo or Ell Paso
he would find every variety Of mining,
milling or smelling machinery, as well
as farming implements and appliances
Tor irrigation of the latest up-to-date
pattern. In other words, he would
find that Colorado, New Mexico and
Arizona are kindred with him In all
things. whereas the far east is out of
track with the country and has moth
Ing in common with his Interests.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

judlclous manner In which they have
conducted their large mining and
smelling operations, which became so
large they were compelled to pur-
chase their own coal fields and build
railroads through which to operate
them. The wisdom Of their past un-
dertakings has demonstrated how far
into the future they have looked, and,
when this new line of railway Is com
pleted 1t will not only furnish ample
transportation for the fuel supplies as
needed, but, without being depend
ent upon any n railway system,
they will have as tributaries some
thing like 10000 miles Of railways
which now enter Denver or El Paso,
that have no satisfactory arrange
ment for the interchange Of north and
south business such as the new line
Will furnish them.
Nothing can better describe the sit
uation than the words OF Hon. Wilbur
Z, Stone Of Denver. who epltomized
the situation by the statement: Geo
graphy indicates It; topography fa-
vors 1t and business demands It."
! sincerely trust that both these
new railway enterprises may be
speedily completed and in operation
as It will afford us at Las Vegas the
best railway facilities OF any town in
New Mexico for receiving ami distrib.
uting merchandise Of every class, and
also furnish an outlet for all our agri- |
cultural products and our fine build. |
ing stone OF every variety. So large |
are the possibilities Of this last in. |
iustry that II every city in the world
we're to burn In one night, we could |
the stone for rebuilding and
not miss It. The stone Industry OF
las Vegas, under proper management
railroad facilities would give EN-.
ployment to 1900 men continuously.
JEFFERSON RAYNOLDS.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

yards here. In the mills and up In
l.e lnoautains aud III the yards nere
lie gives employment to from sixty :,
seventy people.
Mr.. Coors is president Of the South
western Saving, Loan and Building
association, and has always been &C.
tive in the city's u%pbuilding. He Is
also president Of the Las Cruces Lum-
Der Co. Of Las Cruces, New Mexico.
A write up OF the industries Of Las
Vegas would be incomplete without
this mention Of Mr.. Coors, who is so
closely Identified with the city's
growth that the story Of the one is the
story Of the other.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
Finest Service of ANY
Town in the South
west
HUNDRED Mile EXTEN.
SION SOON TO Be BUILT
viii Tap Rich Farming and Mining
Country Of Mora County, AZ
Yet Untouched BY
Railroads.

The Las Vegas Railway & Power
Co. was incorporated in September,
1905. The original in%corporators were:
VIM. A. Buddecke, M~argarito Romero,
Aug. Barthels and Geo. e. Wells, and
these names should be engraved on
brass by the people of Las Vegas as
the names OF men who have builded
well for the towns greatness. MI.
Buddecke and Mr.. Romero are well
known residents Of Las Vegas and the
other gentlemen live in st. Louis. Mo.
The first electric street car company
or Las Vegas was the Las Vegas and
Hot Springs Electric Railway, Light
and Power Co., which was incorporat.
I'd in 1901, met with reverses and was
finally succeeded by the present com.
pany, which also took over the prom.
erty of the Las Vegas Light and Fuel
CO., consolidating these various inter.
ests into n company. After the
new company was organized and Sc
cared control Of the various properties
OF the old companies they began to
tear down and reconstruct along up-
to-date lines. A new. power house
was built, new wires were s.rpag and
better connections were M des ND the
lighting plant was made fjfstF lass in
every particular. Waste ind }eckless
management ceased and ffthe2consoli-
dated properties became alvfye END pro.
ducers from the start. 4 Tb same
spirit was exercised in the 4reet Car
Co., new and up-to-date Equipment
was bought, new electric machinery
was installed, the old betk abandon
ed. and everything yAs done that
could be done to put the (bst Of oper.
ating down to the last Jenny. The
company's franchise RIBS for fifty
years and is authorized by the coun-
fcils Of both towns aid the county
commissioners. VA
William A. Budf ecksF the president
and general mana ger the property,
came to Las vet d III 1905 from st.
Louis, where he had abr a number of
years g the manager Of the H.
w. Johns-Manville H., manufacture
ers Of asbestos products and electric
supplies. He came n New Mexico on
account Of the IllneSf Of his wife and
as soon as he landed in Las Vegas he
began doing things md in September
of 1905 had the con6pany organized to
take over the old erect car line and
the electric lghtiny plant. Mr.. Bud
decke, beside beilS president and &C.
tive manage OF thle Las Vegas Rail.
way & Pow 4 Co., is president of he
Point Mining and Willing Co. of Min
eral Point, Mo-. AID is president and
an active 'yorkef in the Commercial
club. N
The cor banyBh has now under con-
sideration the, construction Of a hum
dred mile; 5Sof 4ectric line up into the
farming y 4 d Mtmber country of Mora
county. His extension is made.
and 1t lN made II the proper
spirit n PnsAifested by the business
men Of ksfVegas, our town will take
IN new lin and will at once forge
ahead Ahe metropolis of the terri.
tory. hkh and cooperation will do
It and Inc do not succeed in getting
practN all the trade Of that vast
terrific NO the north Of us It Will be
our own Fault.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

dent; II. w. Kelly. vice president:
A. A. Jones, vice president and coun-
scildr; ]. IA. Stcarns, treasurer, are ell
men Of tho highest probity and the
advantage to the city Of having nj
II this character In an investment
corporation cannot be owe estimated.
The corporation has a real estate de-.
partment and It buys, sells and deals
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
w . sAvINcs BANK

its offices with the San Miguel
ppAl. II has q deposit which Ii
savings Of $l25,O0u. The bank
organized by the stockholders OF
pan Miguel National In 1890. It's
ent officers are: Henry Cooke.
kyident; II. w. Kelly. Vice presl.
xt and u. r. Hoskins, treasurer.
zoce II first opened Its doors It has
zen q popular and much favored saw.
= institution. Four per cent Is paid
savings deposits.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

speaks Kelt Ned for the city In
when kaSBd, az 1t does also for
the hiq "a IN which the officers
OF tn are held In the com
munit 14kor all Ia said and done
and Z \ property and resources
OF thl Ati0n have been listed and
madd ~ It's chief asset and the
one Ax1Akes the bank pay divi-
denf IN stockholders Ii one that
~ 8$<8 listed--pubiio confidence.
rhf name, the reputation for CON
sei1 ktia51, the knowledge that here
w Eatke square deal; these are the
IN Of any financial institution.
All ! In any community on earth
y lgher with Its cllentage than
San Miguel National bank
people Of Las Vegas.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13

The road as a whole would be al
most an air line and of easy grades
except between Dawson and Tercio.
IT remains, then, but to take the ne
cessary steps to close up this gap Of
about t~hirty-iive or forty miles.
Too much credit cannot be given to
Messrs. Phelps, Dodge & Co. for the
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
THE INVESTMENT AND AGENCY
CORPORATION.

There are many things In Las We
gas that make for Its greatness. az
~gregatIons OF capital and brains that
have made the city the first In the
territory and that promise 70 hold
the place they have made for 1t In the
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
7. 7. TuRNER n.

The proof Of the pudding is in the
eating thereof, and following this old
saw Mr.. T. T. Turner, when they be-
ban to talk dry farming on the mesa,
bought 160 acres and began to cult.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
4
Liabilities.
SAN MIGUEL nA1 BANK.

This financial inI was en-.
tablIshed In 1880. [la2 Resent Off.
GERS are j. M. Cunn} president;
Frank Springer. yesldent: ID.
7. Hoskins, cashiqe n. b. Janu.
AIRY, assistant cast HE directory
Is composed Of locke, A.. nj.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
0U1 FINANCIAL
INSTITUTIONS
Las Vegas Boasts oftwo
National and Two
Savings Banks
SPLENDID INVESTMENT
and LOAN ASSOCIATIONS
Prosperity Of Community ohown BY
it, Banking Facilities and Flour.
ishins Condition Of These
Corporations.
THE FIRST NATIONAL BANK.

A community, however large or
however small, is judged by Its bank
ing institutions. Inc Dank Ii 70 the
town what the heart Ii to the human
being. II the heart IL weak, the man
Ia Sick--if the banks arc weak, the
town is sick and the reverse Ia the
case where the banks are strong anu
flourishibg as they are in Las Vegas.
Inc First National bank, the subject
OF this sketch, was established In 1915
BY MIR. Jefferson Kaynolds and his
associates, and has been doing a
prosperous business ever since. No
man In New Mexico, or the southwest
for that matter, Is better known among
banks and bankers than ID Jefferson
Reynolds. Banking has been his life
work. He came to Las Vegas In 1879
and opened a private bank and has
for more than a third OF a century
been identified with this important
part Of the co%mmunity's development.
He is president OF the board OF trus.
tees which is administering the Las
Vegas land grant, and in this capac-
ity - doing all he can to promote the
settlement OF the great mesa lying
east and south OF the city. He is
president OF the First National and
has associated with him az cashier
MIR. u. ID. Reynolds and az assistant
cashier, Mr.. Hallet Reynolds. Both OF
these gentlemen are sons OF Jefferson
aud the best We can say Of them Is
that they are worthy OF their father.
An elder son. Mr.. j. w. Reynolds, Is
territorial secretary and Nv located at
Santa Fe. These men, father and
sons. have always been foremost In.
helping those things that have had
for their object the building Of Las
Vegas. The last statement OF the
First National showed esource and
liabilities as follows.
Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1907-03-13
PLAZA TRUST AND SAVINGS

which was established In lDQl
last statement showed resoul
Liabilities as follows:
Resources. IN
Loans and discounts ..,,SNi
stocks, securities. etc. -.
Furniture and fixtures ..
Cash and sight exchange.
Total ...............
Liabilities.
Sapitai -. $50. -. ..iM
deposits. -. 49,. ..E
Undivided profits :. II.
Both institutions occV
place In the confidence
and are deserving Of
which they are held.
sentative banking Ia al e
either OF the institution yIt
tir Ia glad TO pay thia h
Raynolds' and the bnl
which they preside.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-09-28
HARAHAN CLAIMS TO
HAVE BEATEN FISH
Hartman Faction in Illinois Central Has
More Than 50 Per Cent. of the
Proxies for the Coming
Election.

Chicago, ILL.,, Sept 2S. All doubt As
to the outcome Of the annual meeting
Of the Illinois Central stockholders Of
the war between the Hartman and Fish
factions was set at rest yesterday bv
statements to the effect TINT President
J. I Harahan and Vice President A. G..
Hackstah already have proxies for more
than a majority Of the entire outstand
ing issues of stock.
Mr. Harahan confirmed this statement
but refused to give the exact figures
When asked if the Hartman faction had
so per cent. of the stock in possession
and in proxies he replied:
"Oh, we already have more than that.
but shall not give you any figures on
the subject"
Those who are best acquainted with
the situation, however. do not hesitate
TO declare that the annual meeting will
witness dramatic fight and the election
OF Mr.. Fish from iho board of the com
pany Is expected, This will require more
than a majority Of the cumulative sys.
tenn Of voting pertains, and by concen.
trating all of his proxies, il is more than
likely that Mr. Fish will be able TO effect
at least one director
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-09-28
SOUTH MAIN 81. IMPROVEMENTS.
Correspondent Thinks They Are Not Of
Permanent Nature.

Editor Times.--Permit me, through
your columns to draw attention to the
lack Of tboronghness which characterizes
the road improvements now being car.
ried on at the extreme end Of South
Main street. While the work IA ad-
mittedly, an advance on the condition Of
the thoroughfare hitherto. vet it Is not
ot such character as TO warran belief
IN its permanency. Those in authority
have either been forgetful Of or IN.
different TO the fact that exceptionally
heavy -teaming passes over that
road and instead Of a mere top. dressing
Of road metal and dust Is would have
been more satisfactory had a foot or
two OF the road been dug up and filed
in with large size granite chips. 1t
may have been that the present method
has been adopted on the grounds of
economy but It is doubtful il after all
L will prove as profitable as intended.
The work Is too far advanced for any
suggestion to be considered now, but
should any undertaking of a similar
nature be in view it would be well TO
lend some degree Of permanence to the
work by first establishing q good sound
underbed before dealing with appear
lnces.
Argus.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-09-28
West-Bound Passenger Train
Crashes Into Freight
NEAR DUNCANNON, PENN.
Freight Stalled Behind Curve, rs Run
Into by Moving Passenger
Train--Nine Killed
Outright.

Harrisburg, Pa, Sept 2s.-A west,
bound local passenger express crashed
into freight near Duncannon, nineteen
miles from here, yesterday, and an ap-
pang list of dead and injured is re-
ported
3 Nine persons were killed outright and
fourteen others are so seriously injured
that many Of them cannot recover. A
relief train, loaded with physicians.
nurses and surgical and medical supplies
mas been dispatched to the scene Of the
wreck.
Only meagre information Is obtain
able as yet. All the wires are down be-
tween Harrisburg and Duncannon, owing
to recent heavy storms, and the railroad
operators here have little definite in.
formation.
According to the best reports obtain
able the freight train was stalled one
mile from Duncannon. The freight was
hidden by curve from sight Of the an.
preaching passenger train, which was
running at high speed.
The first news Of the wreck came IN
q telephone call for physicians and 1
vrecklng train. This was dispatched
from Harrisburg as soon as it could be
made up. The injured will be brought
back to Harrisburg.