The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-12-24
CONSOLIDATED.
Two Big Banks Unite Their
Fortunes.
Union OF Capital National and
Central National.
ASSETS OVER $4,000, 900.
The Name of Older Institution
Retained.
Permanent Location at Central
National Headquarters.
ASSETS OVER $4,000 900.

The Central National bank and the
Capital National bank today consoll-
dated. with assets aggregating over
s2.OOO.OOO, making it one of the big
institutions of the state. and another
big bank for Topeka that will be a
credit to the capital city
1t is recognized as wise financial
proposition that the union of strong
financial interests adds strength and
prestige. and affords facilities to pa
irons that smaller banks can not offer
The business will be carried on un-
der the name of the Central National
bank. with a paid up capital of $2OO,-
600 and a surplus of $4,000
The board of directors will be made
up of those composing the present
boards of the two banks, and VIII be
a combination of strong. conservative
financiers and leading business men OF
the city whose names are a pledge
that the business of the consolidated
bank will be conducted along conserv-
ative but progressive lines. and for the
welfare of the large business needs of
this growing city and state.
The business of both banks has been
most satisfactory, the stock of each
bank being above par, and under able
management each has had a steady
and healthy growth.
This merger comes, perhaps. as
much of a surprise to the banks them
selves as to the public, but after care
full consideration it was deemed mu-
tUally advanta geous.
The consolidated bank will open for
business on Monday morning in the
rooms now occupied by the Capital
National bank, and this will be the
home of the big bank while its per-
manent home is being remodeled
into one of the finest banking rooms
in tha The fufIJra home of
the bank will be its own. where it
will know that it can stay, and will
be equipped for the convenience of
its customers and modern in every
particular: in fact, one of which it
will be proud, and where it can make
its friends and patrons feel at home.
The active officers of the bank will
be j. r. Burrow, president; Elmer
Il Ames. vice president. and George
Avs Guild, cashier, while F. c. Thomp
son and c. S. Bowman will be assist
ant cashiers. E. H. Crosby. P. I.
Bonebrake and S. S. OFT will be vice
presidents. Mr.. Ames is president of
the newly organized Bankers Deposit
Guaranty and Surety company, and
this will take most of his time and at
tention- 1t was only after the recent
decision of the supreme court that
this movement was started to unite
the interests of these two banks, the
office accepted by Mr.. Ames with the
surety company making it impossible
for him to assume the duties of both
positions.
The lease on the rooms occupied by
the Capital National bank would ex-
pire within the next year and the de-
STABILITY of being in a home of its
own was an important element to con-
slider. The mutually satisfactory al
lance of these two institutions ap-
pealed to the officers and directors as
most desirable and one that would
form strong bank that could offer
its services with the full assurance
that it would merit all patronage.
The officers of the bank, who will
manage it's affairs are all men of long
experience in the banking business. and
III which they have all achieved success
the institutions in which they have
been an important factor have all pros
pered and are among the leading banks
of the state 1t is needless to add that
this seems a most happy combination.
making bank that the people vii.
know is in strong hands, and that will
be directed in conservative yet pro-
gressive way, and a credit to the CITY
and to Kansas.
This move also evidently means tha
the National hotel will secure the bank
ing room to make for it a magnificent
office and lobby for the hotel