Arizona republican., 1921-05-04

I am only one of 3700 depositors of the Central Bank. After study ing over the situation, giving 1t my honest and careful considera- tion, I believe there is only one way of getting together on this proposition. Every citizen and every depositor should extend a helping hand to MT. Fairfield, State Bank Examiner, and MT Banks. Let us all work together in this common cause and the re- suits will be good for everyone
 Personally. l have never met MT. F'airf cid or Mr. Bradford and would not know either of these gentlemen if I were to see them, but I wish to go on record in telling the people of this com munity that both of these men deserve the appreciation and grat- itude for their hard, persistent ef- forts in this big undertaking. They have been working night and day for the salvation of the 3700 depositors. It certainly would be a terrible crime if the citizens of this community. fail to give them every ounce of their CO., operation and help them to open up the Central Bank which means that every depositor will get back every dollar that he has on de- posit.
 In my previous letter I stated that this tremendous undertak- ing could not be accomplished without the help of every citizen as we'll as every depositor- The time is short and if this CO., | se eyfx all tho | previous work will be wasted and this entire community will suffer from short -sightedness on the part of a few. Standing back and | letting your neighbor do all of the l work is step backward in ! modern business methods. A com | munity in order to prosper and | go forward must have the get | together spirit of all of the citl- zens, and that is what is needed more than anything else to make the opening of the Central Bank l q success. Twentieth century af- | fairs require broad and modern | methods and in order to solve any difficulty, you must use diplo- macy and eliminate selfish mo- tives. If you get sore at your neighbor and hold a grievance against him you are deprlving yourself of a great deal of plea sure. It isn't the right policy to go up in the air and get down on the bank because it was forced to close it's doors because the condi- tions of the times in this valley were such that they were unable to do otherwise It seems to me | that now is the time to get in | and do everything in your power 1 to help them reopen. The bank l has helped in every respect to l weather the storm in helping the | farmer to raise his cotton and pay 1 his bills, and now that the bank l has had its reyerses we should dc | everything in our power to put il on it's feet. By signing up you are 1 In a position to get your money back in full after the time limit l is up. In the meantime the bapl will be doing business, making | money and be stronger than ever. | By giving them this opportunity of calling in their loans you vii prevent very serious situation il ease they are forced to close | which will be the quick collec- tions of outstanding obligation: which may force many of thei1
 customers out of business
 The best of business men hav' had their reverses and hard times
 and have gotten behind in thei
 obligations still business maj
 might be broke and remain gen
 tleman. This has happened to
 great many of us, and 1t may hap
 pen to more of us unless we d
 everything in our power to ope
 the bank. I may not be stat1n
 all of my reasons as clearly as 1 would like to, but in this artlci am talking to you in a heart [
 heart manner, and my only pie
 is that everybody sign up-every hodv work together, not only O
 this bank proposition but on ever
 other affair that comes up for tn
 good of Phoenix, the good Of tn
 Salt River Valley and the good c
 inc entire state of Arizona.
 My last word is, that when yo
 sign for the opening of the Cen
 trai Bank you have nothing to los
 snd everything to gain. By
 means avoid a receiyershlp.
 JOHN RYDER.