The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1907-01-12
CALDWELL'S BUSINESS FIRMS
ENJOYING GREAT PROSPERITY
THE CITY AS 1T IS UNDER THE PRESENT CONDITIONS
THE PROSPECTS ARE GOOD--.A WRlTE.UP OF
CALDWELL AND ITS INDUSTRIES

the largest dealers in hardware an,
groceries in the city. The firm wal
reorganized about six months ago
John G. Flynn and viii Maxey nov
having an interest with Mr.. Redway
The business of the firm has largel,
increased during the past year. l
Is a common saying that If 70,
want an article that the other firms
in town do not carry you can get il
at Redway's.
Forwarding Company.
The Caldwell Forwarding Co. is
one of the busy places of our city
The company has two large ware
houses and even then they are crowd
ed for room. The firm have just add.
ed a complete line of agricultural
implements, including some of the
best that are made, such as the Nc
| Cormick reapers and Schuttler wag-
ons. This concern handled over one
million pounds of wool on contracts
| besides over a million pounds for the
various woolgrowers in Canyon and
Owyhee counties. ]. B. Gowen is
the manager and is one of the hust-
lers of Caldwell.
Banking.
First National.
The First National Bank, of Cald-
we'll, now in the sixteenth year Of
Its existence under the National
banking system. and one of the
strongest and most conservative of
Idaho's banking institutions, was in
corporated in 1892 by the stockhold-
ers of the old Stock Growers & Trad
ers' Bank. The latter institution
was founded in April, 1887, by Mr..
Howard Sebree, and Hon. B. F.
White, then governor of Montana,
and now president of the First Ma
tional Bank of Dillon, and grew
steadily up to the time of its ma
tionalization.
Upon its naturalization Mr.. How
ard Sebree and Mr.. White remained
at the head of the business as Presi-
dent and Vice President respectively
and Mr.. w. r. Sebree, for some time
cashier of the old institution, con-
tinued in the same capacity.
During the stormy days of '92 and
'93, when the financial system of the
country was almost demoralized,
and the strongest banking institu-
tons were lighting for life, while
hundreds of the lesser concerns were
falling every day, the FIRST National
Bank of Caldwell continued on the
same liberal policy, and maintained
steady growth. 1t is in times like
this that the real strength of any
institution is tried.-during calm
financial weather many lesser ships
are launched but when the storms
come, and the depositor or merchant
is in need OF real help. II is only
the institutions of established
strength that can render the assis-
lance desired.
With the revival of business in
1856. the growth of the First Ma
tional Bank, of Caldwell. became
more rapid. and with the new CEN
fury the deposits aggregated the to-
tai of 100000, while the pub
lished statement showed a strength
and solidity scarcely exceled by any
bank In the entire west.
In 1899, to accommodate its in
creasing business, and to afford its |
patrons ampler facilities for carry
ing on their transactions, Its bank |
ing quarters were moved from the |
Odd Fellows building to the Masonic |
block, at the corner of Main and |
Canyon streets. where they are now
located.
In the early part of 1904, an i'm |
portant transaction was consummat- |
ed, whereby Mr.. r. A. Cowden. one |
of the most prominent Southern Ida
no business men, acquired an inter- |
est in the Bank, and succeeded Mr.. |
w. r. Sebree as cashier. Hon. B.
F. White, of Dillon, retired from an
active participation in the banks af-
fairs, and was succeeded In the vice
presidency by Mr.. w. R. sebree. Mr.. !
Howard Sebree. who since its for /
nation has directed the banks pol
Icy, retains an interest.
In 1906, Messrs. ]. e. Cosgriff. of
Ramline, Wyoming, ]. B. Cosgriff, of /
Salt Lake, G. D. Smell, of Salt Lake,
and Robert Noble of Boise. par-
chased the controlling interest In the
bank. Mr.. ]. Il, cosgrif was elected
president of the bank. Mr.. w. r. !