The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1907-01-12

and r. A. Cowden.
The First National Bank of Cald
well, is one of the strongest in the
state In fact the financial respon
sibilities of the members of the boart
of directors is greater than that o.
any bank in the state, as they ex
coed $4,000. 100000. The bank un
der it's new management is carryins
out the former policy of the institu
ton, that is liberal treatment
prompt attention and absolute relia
bility. 1t solicits the business OF
large and small customers. The
Tribune commends the First Nationa
| Bank to it's readers.
Cold business, has its romances az
well as it's stern realities. Some OF
the successes attained by business
men go far toward proving the old
adage that truth is stranger than
fiction. Noticeable among these is
the financial history of A. K. Steun-
| enberg, president of the Caldwell
Banking & Trust Co. There is a
rumor, which has at least never been
| denied. that about twenty years ago
| a tramp printer dropped off the
brake beam of a freight train at
Caldwell, perhaps because he was too
hungry to go any farther He
marched over to the Office of the
Caldwell Tribune, then a struggling
sheet on its last legs, which was in
the hands of few business men who
did not know what to do with it,
and purchased it on the spot, giving
his note for it. How he, in cOnnec-
ton with his brother, Ex-Governor
Steunenberg, who came to Caldwell
the following year, made the Trib-
une one of Idaho's leading weekly
papers, is well within, the memory of
many of Caldwelrs older citizens.
Later the paper was sold to the late
r. H. Davis, and in 1898, Mr.. Steun-
enberg, with a few associates, start
ed the Commercial Bank with a cap
ital of $4,000. The venture was
successful from the first, and in a
few years the business outgrew the
little building first erected on Main
street, now occupied by The Fern.
The next move was the organization
of the Caldwell Banking & Trust Co.,
and the erection of one of the finest
banking rooms in the State. Cald-
wells marvellous growth of late
years can be traced to the erection
of this building. The new bank at
once took its place as one of Idaho's
leading financial institutions, and to-
day is the second largest State bank
in Idaho. 1t is well equipped with
progressive, but conservative brain,
in an able directory consisting of A.
X. Steunenberg, Jno. G. Rice, j. H.
Lowell, ]. 7. Hay, S. f. CLANCY and
others, and enjoys most excellent
of contented customers
While careful, its conservatism is
not of the ''cinch" nature, as the |
bank is always in the lead of any
thing that promises benefit to Cald-
well. The resources now approx
mate 100000, 1t Is equipped with |
a Trust Department, Savings De- |
partment. Real Estate Department,
a Bond Buying Department, a Legal |
Department, and SO well and thor
oughly organized that 1t is said a |
man can get anything at the Caldwell |
& Trust Co., and get 1t |
right. Mr.. Steunenberg Is builder
for his community and has caused
to be expended over 100000 In sub
stantial buildings in Caldwell.
Western National.
The Board of Directors of the
Western National bank, held a meet
Ing this week At this meeting the
directory was increased to nine men,
bers. The following is a list of the
officers and directors for the ensu-
Ing year. President D. D. Camp
bell, vice president, Jno. T. Norris
son, cashier. s. d. Simpson, assist
ant cashier, j. X. Roddy. Direc-
.ors: ]. w. Graf, Martin Jensen,
Hedden and VIM. Altman.
MIR. E. F. Kimbrough, of Bells, Tex
as, was appointed bookkeeper and
The directors are in
addition to those mentioned, j. C.
Nichols and w. X. Wilkerson. The
directors express themselves as we'll
pleased with the business of the
bank. The report shows sur
plus of $4,000. This Is very
good showing, because usually
bank does not expect to more than
pay expenses the first year. The
Western National has been in exis-
ence seven months. : Mr.. Campbell
will henceforth devote HIS entire time
Ind ate alton to the bank. The Trib-
Inc is pleased to state that the West
'rn National is rapidly becoming a
fronP inafifutian