The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1911-08-05
HON. MONTA J. MOORE At HEAD
OF BIG FINANCIAL ORGAN
IZATiON.
LOCATES IN HOUSTON
Success So Pronounced That It Was
Decided to Make the Capital $1,000
600 Instead Of 100000 as
First Intended.
(The Houston Post.)

ganization Of the American Trust
Company the new concern has attract
ed a great deal of attention in finan-
cial circles. The officers Of the COM
| pany took possession Of their new
home on the first, where they will be
found to transact the business with
the subscribers of the company and
to see their patrons. The home of
this new institution is the place for
merly occupied by the Tinker Bank
and Trust Company and is one Of the
most convenient and valuable loca-
tons for financial institution in the
city.
This place was fitted up by the
American National Bank and the fix
lures are not excelled by the fixtures
of any similar institution probably
in the State. The new trust company
is an addition to the financial institu-
tons of the city of great value and
will be given a generous welcome by
our people. The board consists of
some of the very strongest men finan-
cially in this State and their names
give assurance that the institution will
be wisely, safely and conservatively
managed. The field for the new
trust company is an inviting one and
it comes into existence under happy
and suspicious circumstances. It is
matter of interest to the public to
know something of the principal Of
ficers of the company, the president,
secretary and treasurer.
President a Strong Man.
Monta J. Moore, formerly of Cam
eron, is president 1t is scarcely neces-
sary to mention who he is because he
is one Of the best known men of the
State and his splendid character and
great ability is thoroughly recognized.
Until he became a citizen of Houston
he was engaged in his home city and
generally throughout Central Texas in
the general practice of law and is
known to the bar and public generally
as one of Texas profoundest lawyers
and ablest advocates. In the courts
in which he practiced, and with the
pecial reputation as wise and safe
counselor in business affairs. His
manner and success in organizing the
American Trust Company has made
for him an enviable place in the finan-
cial circles. Indeed, it at once places
him along the side of men who do
things. So quietly and tactfully did
he plan and organize the company
that few men knew what was taking
place until the practical organization
of the company was announced to the
public. From the time the enterprise
was undertaken until the directors
met last Thursday, a period of just
three months and one day, Mr.. Moore
secured subscription to the stock
of the company, amounting to $4,000.
The readiness with which his friends
entered into the enterprise is indeed
tribute to Mr.. Moore Of which he
may well be pround.
Increased Stock to $1,000, 900.
When the directors met last Thurs
day they were so elated over the sue
cess of the enterprise that they unani-
mously resolved to increase the stock
Of the company to $1,000,0O0, and they
authorized the directors to at once
after organization place the additional
100000 stock upon the market at a
price Of not less than SIPS per share.
Mr.. Moore's success was interpreted
by the directors as a clear and un-
mistakable demand upon the part of
the public for such an institution and
with one accord they declared that
Mr.. Moore had fixed for himself in the
financial circles OF Texas an enviable
place and that he had demonstrated
the fact that he was capable of hand
ling undertakings of almost any size.
N. B. Sigh, the treasurer OF the
company. is an old Texan. His first
experience in the banking business
was in the city Of Galveston as cashier
of the Texas Bank and Insurance Com
pany, which is now the Galveston Ma
tional Bank. Afterwards he organ
lied the American National Bank of
Waco and was it's cashier. In 1890
he organized and was president of the
Southern National Bank in New Or
leans, which is today the Hibernia
Bank and Trust Company. After
wards he organized the Simmons Ma
tional Bank at Pine Bluff, Ark, and
held with it the position OF cashier
until 1905, when he organized the Citi-
zens National Bank of Hot Springs,
Ark, and filled the position with that
institution Of cashier. He was presi-
dent Of the Texas Bankers Association |
in 1887. and was first vice president |