Tombstone epitaph., 1921-11-13
FIRST NATIONAL BANK OPENS TOMORROW.

Bowen. the announcement was defin- i,ely made this afternoon that the First National Bank will reopen il doors tomorrow morning for business
 Late this afternoon reorganization is being perfected and election of of ficers headed by Mrs. Costello. who is now principal owner of the bank. is being held. and the board of direc- tors selected. which will be announc- ed tomorrow.
 Announcemnt of policy to be adopt ed by the new institution will also be made. It will be in charge of J P. Connolly. well known Cochise county banker. who will take complete charge of the institution. Assisting him in the bank will be Miss Costello.
 Definite arrangements for the re- opening of the bank were reached yesterday in Los Angeles. following which Mrs Costello and her laughter and attorney left for Tombstone to complete the final details Tor the re- opening tomorrow
 When the bank reopens tomorrow it will offer to the public one of the strongest institutions in the country, starting in business with clean slate, win cash in the vaults and holding no questionable paper" said Mir Bowen. attorney for Mrs Costello. this af- ternoon. and we have reason to ex- peCt that il will continue as one of the strong banks of the United States We are assured that it will receive he unanimous support of the people of Tombstone and Cochise county and we feel cratified that matters nave terminated as they have and we are able 10 reopen the bank Mrs Costello intends to remain in person al touch with the bank and it's at- fairs. and through Mir Connolly. ex- perienced banker. who will be cash fer, we expect to offer the services of real bank 10 the people of G. chise county"
 With the reopening of the First Ma tional Bank. made possible by the ac- ton of Mrs. Costello in providing funds in lieu of all questionable paper, that caused the banks former insol- vency and subsequent closing of it's doors until the entire matter could be threshed out no little amount of cred it is due 10 everyone connected with the affair.
 Mrs. Costello in her loyalty and in terest in Tombstone, deserves of the highest commendation. Although in terested but slightly in the bank when it first closed it's doors, she has come to the rescue with funds run ming well into six figures. rather than allow the matter 10 go through the hands of receiver. Confidence in the people and future of the old Camp in spired her to back up the institution with the result that when it opens it { doors omorrow it will stand out as one of the strongest financial institutions in the United States
 William 4. Bowen of the firm c. Flint, Mckay and Bowen of Los An geles, attorneys for Mrs. Costello, ha. played a prominent part in the re opening of the institution. Taking tn. matter in hand when the doors were closed on August 18th. he and Mrs Costello went to Washington, wher, they spent two weeks in conferenc, with the comptroller of the currency returning to Los Angeles with a plal in view of reopening of the bank. MT Bowen then came to Tombstone where he met the depositors commit tee and submitted the plan whereby was assured the bank would reopel if matters were properly handled. Co operation of the depositors' committe and hard work on the part of all con Q cerned brought the desired results.
 Mir. Bowen also successfully har died the settlement with the bondin companes, securing public funds wit the result that the money was pail back 10 the county and state tw weeks ago and it was due to his att tude and work that the details hay finally been negotiated.
 Or the job every day following h. appointment by the Comptroller 0 Currency, 10 take charge of the close