San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-10-04
BANK INVESTS
ST $4,000 IN
I STRUCTURE
Growth Causes Commercial
National to Seek
Larger Quarters.

Seeing the possibilities of San An
tonic, the Commercial National bank
is erecting a $4,000 bank building
:ss the corner of Travis and st. Mary's
streets. 1t will contain more room
than the present location of the bank
in the Gunter building.
This bank has shown a remarkable
growth. starting thirteen years ago IN
q small location and growing TO one
of the prominent banks of the city.
The Commercial National bank was
organized and granted a state charter
on January 2, 1913, with the follow
ing board of directors: S. Z. Skinner,
w. A. Wurzbach, Sidney Turner, Jo-
-seph Rosenfield, ]. J. Ford, c. S.
Green, William V. Dielmann, Charles
livingston and Jack W. Neal.
SMALL BEGINNING.
After a lapse of thirteen years only
two of the original directors are found
amoung the present directorate of the
hank, these having served continuous
ly during the entire life of the bank,
the same being William V. Dielmann
and Jack w. Neal. OF the remainder
Of the original directors, Charles Liy-
ingston is dead; Mr.. Ford, Mr.. Green
and Mr.. Turner have moved away
from San Antonio, and the other three
original directors continue to live here
and are prominently known.
The original capital stock of the
bank was 100000, and the minutes
of the board show that at its first
meeting the bank he'd loans of 1000
and deposits of S1S1 900.
The original quarters and bank was
a fifteen-foot space in the Gunter no.
rel, now occupied by the clothing store
OF John Williams. This space was
occupied for two years and in 1915.
due to the growth of the bank, the
quarters were expanded at the same
location, and the space occupied in
the Gunter hotel by the clothing store
known as the Mems Boot Shop were
occupied, ar these quarters were con-
finued until the spring of 1916, at
which time the bank moved into larger
quarters at III East Houston street,
in the Gunter office building, and on
March 16, 1916, due to the growth
of the banks business, the capital
stock of the bank was increased to
s150, 900.
RAPID GROWTH.
On January .. 1917, George E. Tai
iaferro, who had become a direc-or OF
the bank one year prior, vas elected
president of the bank 20 succeed Sena- |
toy s. +. Skinner, and at the same |
meeting 2. ID. Bonner was elected |
cashier.
Judge Taliaferro has continued pres
ident of the bank for the past nine !
years. In 1919. z. ID. Bonner was
elected vice president and II. NJ. Baetz |
was elected cashier, and the officers
Of the bank remained unchanged frora |
that time until 1925 when, upon the |
resignation of II. N. Baetz as cashier. |
f. A. Baetz was elected cashier and |
A. B. Crowther was elected assistant |
cashier.
At this time, the officers Of the
bank are: George Z. Taliaferro. |
president: Charles Baumberger, vice |
president; z. ID. Bonner. vice presi- I
dent: z. A. Bsetz, cashier; A. B. |
Crowther, assistant cashier.
The business of the bank has grown |
from time TO time and year to year. |
showing steady growth until in 1922, |
the directors decided to erect
permanent home for the bank, ade-
quate to efficiently care for its grow
ing business, and of a character 10 |
reflect its stability and dignity. The
corner Of st. Mary's and Travis streets
having a frontage of 81 feet on ST.
Mary's street and a depth of 16S feet
ON Travis street. was purchased. and |
there is upon that site now, nearing
completion, a very handsome bank |
ing house which it is believed will |
care for the growing business Of this |
bank for many years 10 come.
On April 4, 1922, the capital stock
of the bank was again increased, this |
time to 100000, and a National
Ranking Charter taken, under which
the business has continued to be con-
Quoted.
This move has proven very popular
and the business of the bank has
continued TO grow until its total
deposits now exceed s1,TOO.OoO and
ITS total resources exceed $4,000