The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-11-06
Security State Bank &
Trust Company

Within the pas, fifteen years. the South
Plains has undergone unprecedented ag-
ricultural development. Large ranges that
once were the home OF unnumbered cattle have
given place to smaller ranges stocked with
better herds Farming has begun to be look
ed upon as the one leading industry and the
South Plains section is promising to be the
leader OF West Texas
Seeing the opportunity offered in this sec
ton for banking; financing OF the new farmers
and the smaller stockmen. and interest in
developing this section which offers unlimited
opportunities the Security State Bank and
Trust Company was organized.
Probably no other man in West Texas has
better conception Of the needs of farmers
and stockrnen than the president and organ
izer of the Security State Bank and Trust Com
pany Mr.. Maedgen received agricultural
education at the A. & M College of Texas
and has had number of years of experience
in financing various lines of business and par
ticusrly the farmers and stockmen. The bank
friends of Mr. Maedgen. knowing his quail
ihcatons have seen proper to make him mem
Der of the Agricultural Committee of the Tex
Bankers Associations.
Mr. Maedgen has been in the banking bus
mess number of years; commencing as one
of the who do the work Here he learned
the fundamentals of the banking business
has had in the agricultural and stock lines
combines to make one of the most helpful
men in this section of the country
The Security State Bank and Trust Com
pany was organized by Mr.. Maedgen in 1917,
right in the middle of the worst drouth this
section ever recorded. The perfection of the
organization of this bank at the time has
been hailed blessing to the stockmen and
farmers of Lubbock County. Mr.. Maedgen
perfected this bank with the following officers
and directors with him: J. O. Jones' vicc-presi-
dent: l.. c. Ellis. cashier: Mr. Groce and Mr.
Jackson. assistant cashiers; w E. Bledsoe. E.
P. Esrhsrt and Chas. S. Middleton. Messrs
Jones' Bedsoe. Earhart. DIR. Ponton and Mid
dleton well known men Of the South Plains
who have the reputation Of being fair minded,
progressive citizens. l.. C. Ellis started with
the Security State Bank and Trust Company
assistant cashier and by steady application
to the banks interest promoted only a
few months ago to cashier Mr. Ellis friendly
greeting to all customers visitors has helped
great deal in giving to the Security State
Bank and Trust Company reputation of
dealing man-to-man with all Messrs.
Groce and Jackson. two young. promising
only entered this institution about four
months ago: both having served in the army
and come directly here to accept a position
with this bank. are pleasant personalities. that
100, N continuing 10 the good feeiing me
bank is creating and has created
Here the of the stock holders of
the Security State Bank and Trust Company;
they all men who helping in the deve-
opn.ent of this section. and men who are in
terested in the personal welfare of every cit-
zen of the South Plains: J. o. Jones. O. c.
Couch w Blcdsoe. w r. Flynn. S. d.
Stewart A. R. Ponton. D. Kan c. (. Maed-
gen. E. Barr L. c. Ellis. J. L. Jackson. ]. A.
Hodges. c. l.. CULLEN. w S. Wagner. J. H.
Lynn, W. J. SIT y rarha.t, C. r. Craw-
ford B. w Casey. J. n. Petit. w. r. Adams.
C. K Watkins, Chas. Middleton F c. Oliver
Frank Ross W. s. Brogdon. Mrs Maude
Wilmington. Mrs. p Rosenberg. r. L.
Johnson and W. C. Marin.
The Security State Bank is capitalized at
500. 900. 90 and has 900 satisfied customers
with approximately $500 10000 on deposit
This bank in its two years here has made near
ly three thousand loans to farmers. stockmen
and business men, Ii is a member of the Fed
era Reserve System and its deposits are pro-
tected by the State Guaranty Fund.
This bank invites the citizens of the South
Plains to visit them and investigate their
methods of dealing.