The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-09-23
PLAN A new BANK
F. p. Metzger Would Establish
One in Topeka.
Locate 1t in the Wholesale
District.
CURTIS IN THE DEAL.
Senator Will Have Block of the
Stock.
State Senator j. b. Belts Also
Interested.

| If the plans of F. P Metzger, cashier
of the Bank of Hardy, Hardy, Okla,
| who is also interested in a number Of
! other banks in Oklahoma, are fulfilled
the district between the river and
Sixth street will have a bank within
| the next few months. Mr.. MetZger has
been in Topeka for the past two weeks
| looking over the field and comforting
with a number of local capitalists who
are interested in the project.
There are six blocks of business
houses on Kansas avenue between the
river and Sixth avenue which are with
out a banking institution of any kind
and the location has been gone over
| number of times by parties with
view of establishing a bank This
section comprises the wholesale dis
! trict of the city and is really one of
| the money centers, yet all Of the bank
ing in the past has been done at the
uptown banks.
Besides the commission houses
nearly all of the factories this side Of
the river are in the section of the city
tributary to this district and several of
them will hold interests in the new
bank Some months ago similar in
stitution was planned by the commits
sion men and wholesalers of this sec
ton of the city, but the matter fell
! through, it is said, on account of the
opposition of the others bankers of
the city.
1t is said that Senator Charles Cur
tbs, Senator J. B. Belts, Oscar Kraus
mission men doing business on lowe,
Kansas avenue are Interested with
Mr.. Metzger in the new banking insti-
tuition. Besides the business institu-
lions tributary to the location of the
bank, which will be located between
Second and Third streets, a strong line
of deposits are expected from the
Santa shop district
The promoters of the affair have
maintained a deep silence as to their
intentions and are reticent about dis
cussing their plans, but admit their
purpose of establishing bank in this
have been looked over and it is likely
that the site will be on one of the COR
ners at either Second or Third street
If desirable arrangeme ntS can be made.
Yes, it is true that I have been look
ing over the situation with view of
establishing bank In Topeka said
Mr.. Metzger, that is if 1 can make
certain arrangements which 1 desire.
The location appears to me to be an ex-
eellent one and there are a number of
prominent men with whom / have dis
cussed the matter who agree with me
and will in all probabilities be associa-
tend in the venture.
THE business men of this part of the
city are too busy to come up town to
do their banking as it is almost half
a mile in some instances. Then there
is the shop district with a large list of
wage earners who would be greatly
benefited by bank located nearer to
their homes. 1 am not ready at this
time to say for sure that the venture
will be a go, but the prospects are most
fiattering and my guess is that there
will be a bank in this district very
shortly.
There are a number of commission
men and wholesalers who are clamor-
ing for it as we'll as. manufacturers who
would be greatly benefited by bank
Heated in their midst. All the backing
that is needed of a local nature can be
secured without the slightest trouble.
If there is any trouble experienced in
establishing a bank it will be on ac-
count of the fact that too many will
want stock in the institution. I am go
ing home today for a short business
trip but will be back soon and settle
definitely as far as l am concerned the
proposition of new bank in this dis
trict.''