El Paso herald. (El Paso, Tex.) 1901-1931, 1915-03-03
MORRIS & co. BUY
BANK IN Ell PASO
Continued from Page u


ton which they own and control El
Paso is indeed fortunate in having
them added to the list of boosters for
this city. To The Herald representa-
tive, Nelsin Morris said:
we have had our eyes on El PasO
for several years, believing that il was
destined to become a cattle market Of
I constantly increasing Importance. Sit
/ uated as it is at the gateway of Mex
leo which, together with western Texas
and the neighbOrinE section of Arizona
and New Mexico will undoubtedly be
1 United States, this city should before
! long become one Of the leading cattle
markets of this country. Its growth
already has been remarkable and we
expect to see this greatly accelerated
in the near future.
Live Local Spirit.
The thing that ms impressed us
the most when we have visited Ell PasO
has been the people and, after all, it is
the people that make any city. We
have never seen more energetic, capa-
bic and aggressive lot of business men
than you have here; in fact, they strike
us as about the greatest bunch of
boosters that we have had the pleasure
of meeting anywhere.
when L was here five years ago. FL
Paso was like many small western
towns. Now 1 find as fine a hotel as
there is in the country and a class Of
office and bank buildings equal to
those have seen anywhere in
your great smelling plant the
big Pearson mill and your up to
date cement plant is bound to be i'm
pressed with Ell Pasos possibilities al
an industrial center. With cheaper
power, following the completion Of
the Elephant Butte dam, Ell Paso should
make great strides industrially.
Tying Up to FL PasO.
"A good many months ago we de-
cided to erect stockyards here and seek
a connection with one Of your principal
banking institutions. After looking
the field over carefully and considering
several propositions, we decided we
could not do better than to take an
interest in the American Trust & Saw
ngs bank. We have agreed upon Mr..
Primm, who has so successfully filled
the position of cashier. and active man
ager for the presidency of the insti-
tuition Not only do we find him to be
most highly regarded here in FL Paso.
but he also enjoys a wide acquaintance
and popularity with the stoCkmen in
this entire section Mr.. Ravnolds.
though desiring to lay aside the re-
probabilities of the presidency. will
remain on the directorate of the bank
and We are glad to announce that Mr.
Primm will continue to have the bene-
mt OF his advice and assistance, as well
as that of Mr.. McNary, who will remain
vice president, and the other directors.
Mr.. Irving and Mr. Wyatt
The new stockholders in the in
sutution will include Nelson Morris,
Edward Morris, jr, Thomas E. Wilson,
president of Norris q Co, and c. NJ.
Macfarlane, treasurer, as well as sew
eral of their business associates.
Cattle Loan Company Organized,
in order to better take care of the
cattlemen's needs, we have Just or
ganized the FL Paso Cattle Loan Co.
with paid up capital of $50, 900. which
VIII begin business tomorrow. It will
have the same officers and directors
as the American Trust & Savings bank
and, While the bank will do a general (
business, including cattle loans, the
Loan company viii specialize entirely /
upon cattle loans
We expect thus to be able TO take
care of the cattlemen not only of !
Texas, but Of all your neighboring
states. This, we understand is El
Paso's pioneer Cattle Loan company
and we hope it will be of as much ad-
vantage to the stockmen Of the south /
west as we find cattle loan companies
nave been in other localities. The
Office of the FL PasO Cattle Loan com /
pany will be in the American Trust & :
savings banks office, and Mr.. Prinm /
the president viii also be the active /