The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1909-09-09
FIRST BANK
in PARKER
Northern Yuma COunty'S Coming
Metropolis Has a Bright
Future

Hdb III hSI, uLHd COuuUy,
Arizona, is going to make one of
the great commercial centers of
Arizona seems to be fact that
is becoming well known to even
tbe bankers Of Los Angeles
The FIRST bank has been fDcor-
poTated, to be known as the
Parker Bank and Trust Compa-
by, capitalized for S1o0, 900. The
cOrporators are W. FL. Holiday,
President Merchants National
Bank, Los Angeles; T. NJ Dren-
nan, President Colorado River
Supply Company of Parker, Ar
iona; G.. G. Dunno, former cash
Ter of the Eldorado National
Bank, Eldorado, Kansas, and re-
Gently with the Security Bauk of
Los Angeles; Carl F. Schader,
well-known mining and real es-
tate operator of Los Angeles;
B. l.. Vaughn, real estate oper-
ator of Needles, California,
Parker and Colorado River dis
trict.
These gentlemen are not only
the corporators but the first Off
GERS and directors of Parker's
first bank. Parker is in the
center Of the great agricultural
valley now known as the Parker
Indian reservation, containing a
total Of ESQ, coo acres Of as fine
agricultural land as tbeFe is IN
settled in the entire west. The
u. S. government has had it sur
veyed and plated and it will be
opened for selection and purch-
ase within the next sixty days,
the finest townsite that was ever
let out in Arizona, containing a
total area of 90Oacres, commenc-
ing at the Santa Fe million dol
lar bridge and running west
about two miles and lying along
the banks of the beautiful Colo.
RADIO river about two miles, set
ting at an elevation above the
river of from 30 to 80 feet and
having a full view Of the wind
ing course of this river for q dis
lance OF at least twenty miles.
This is the new TOWNSHIP loea.
ton and the town lots will be
opened for purchase by the pub
lie. Up to the present time the
only title that can be had is q
lease from the Indian agent, and
already some fine, substantial
buildings have been constructed.
Two large general merchandise
establishments carrying $50, 00t
to 100000 worth of goods each
are doing a good business. Sew
eral hundred people are on the
ground and have houses erected
on these leased lots because it is
generally understood that the
government Will appraise all oil
the lots and that every one who
has shown faith in Parker viii
be given the first opportunity te
purchase these lots at the APP
Epraised prices.
| In the near future, in fact it Is
understood within six months, the
( government will open the tirst
| 40, 600 acres of this land by put
fling in pumping plant at 6
fpoins four miles above Parker
known as Headgate Point. As
lsoon as the government cleans
Top the present work around La
tguna dam, which is just above
Yuma, and the Roosevelt dam
which is in the Tonic Basin
ithey will have on hand all of the
necessary machinery for power
pumping, etc, to install this
plant, and it will only require {
fsmall appropriation of $1O0, DOT
to $4,000 by the reclamation
iservice to install this first Park
er plant.
The Indians now occupying
the Parker Indian reservation
will be allotted small tracts O.
land, FIVE TO ten acres each, which