The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-05-05

Apropos OF what was said In ta'
editorial columns OF this paper yes
teraay morning, anent the signifcan
interest OF Portland In the develop
ment In and about Astoria, the hlins
OF the articles OF incorporation OF the
Columbia Trust Company In strone
case In point and the initial one OF
vital moment. The house Is well con-
stituted. The men whose names
sponsor the enterprise are all young.
well known. responsible. energetic, and
possessed OF very wide and definite
knowledge OF the business they have
inaugurated. Mr., o. l.. Ferris has,
for some time past, been valued em-
ploye of the Title Guaranty & Trust
Company. OF Portland ,and has filed
a position In the trust department OF
that great establishment that equips
him with very broad and definite in
formation upon the property and
values governing In that market, as
well as OF those Of the state at large.
Mr.. John A. Lee Is a prominent at
torney OF the metropolis, with a large
ani growing practice, the interests Of
his clientele being close IN lines close
ly analogous to the purposes OF the
organization he and his colleagues
have launched. Mr., Frank n. Clark
of this city, is known here as one OF
Astorias most capable young citizens,
having. in the short year Of ala resi-
dence here, demonstrated specific
faculties for iespatching the elements
OF the new business that shall be as
signed to his particular charge.
The company intends to go before
the people Of the state, in pursuit Of
Its commercial ends. upon the best
possible hypothesis OF establishment
and guaranty and invites the widest
scrutiny and broadest possible lnvesti-
cation, In order that II may be free to,
at once. indulge the best OF Its plans
and ambitions and secure firm predi-
cate for all time In the handling OF
its interests. on or about the first Of
the coming month 1t will open its AS
toria Offices in the rear. ground floor
room OF the new Astoria Savings Bank
building, on Eleventh street. ani will
equip the quarters with every late and
reliable adjunct TO its business, which,
for the time being. will be confined to
the buying and selling Of realty, the
collection OF rents and the care Of
properties, all other elements being
added as time and growth shall war
rant or impel. These will include all
phases OF banking, trust and flJuclary
engagements and viii be prosecuted
upon the safest and most approved
basis, fortified by the most acceptable
guarantees Of law and affilIation.
The Portland establishment will be
set up in an elegant suite Of rooms on
the seventh floor Of the new and mag
nificent Couch building on Fourth
street between Washington and Stark
streets. the rooms being numbered
713, ia and IT'S and will be model and
complete in every detail attaching to
the interests they stand for. They will
be directed by Mr.. Ferris. the secre-
tary and treasurer OF the company,
and Mr.. Lee, the vice president, with
a capable corps Of clerks and expert
attaches; President Clark, of the. con-
cern, being at the head OF the main
Office In this city, from whence all
the affairs Of the company will take
their initiative.
The founding Of this establishment
here, along the lines of organic equip.
ment and direction, and under such
auspices, means great deal, its prim-
al promise being that It is going into
this field In large and wholesome
fashion, with firm confidence in the
immediate future Of this section and
purpose to contribute to the honest
and successful exploitation of that
field and future, as well as to share
In the good things created by lust
such exhibitions of goodwill and
courage as this. Astoria can we'll
afford to appreciate the reliance these
men have signified and testify At
by ready acknowledgment and such a
share of patronage as will justify the
earnest and ardent people who are