The West Weekly News and Times. (West, Tex.), Vol. 34, No. 37, Ed. 1 Friday, July 13, 1923 Page: 3 of 8
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No. 1341
OFFICIAL STATEMENT OF THE FINANCIAL CONDITION OF
WEST STATE BANK
AT WEST
State of Texas, at the close of business on the 30th day of June
1923, published ip the West Weekly News, a newspaper printed and
published at West, State of Texas, on the 13th day of July, 1923.
EUBANKS GOES WITH
HUMPHREYS OIL COMPANY
RESOURCES.
Loans and Discounts, personal or collateral ............................$250,055.30
Loans, real estate ....................."...........................................—...... 777.11
Overdrafts ...................................................................................... 899.23
Bonds and stocks (war saving stamps)...’.........’v.'.r.T...?.:......... 395.60
Furniture and Fixtures .—........................-....-................-......... 5,550.00
Due from other Banks and Bankers, and cash on hand ........ 32,088.02
Interest in Depositors’ Guaranty Fund.................................... 2,151.22
Assessment Depositor’s Guaranty Fund ................................. 1,164.61
Acceptances and Bills of Exchange............................................ 59,334.78
Total ...............................-..............................$352,416.56
LIABILITIES
Capital Stock paid in ................................................................$ 50,000.00
Surplus Fund ...........................................................-..................... 5,000.00
Undivided profits, net .................................................................. 7,317.76
Individual Deposits, subject to check...........................-........... 208,643.80
Time Certificates of Deposit ................................................... 66,455.00
Bills Payable and Rediscounts .................................................- 15,000.00
Total ....... $352,416.56
STATE OF TEXAS, County of McLennan
We, Paul S. Skrabanek, as president, and Wm. R. Gerlich, as cashier
of said bank, each of us, do solemnly swear' that the above state-
ment is true to the best of our knowledge and belief.
PAUL S. SKRABANEK, President.
Wm. R. GERLICH, Cashier
Correct—Attest:
R. J. MARAK,
J. F. URBANOVSKY,
J. A. WEST, Directors. ; ^
Subscribed and sworn to before me this 6th day of July, A. D. 1923.
(Seal) J. M. DEVENY,
Notary Public McLennan, County, Texas.
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135 COUNTIES REPRESENTED IN
TEACHER’S COLLEGE ORGANI-
ZATION.
The 2000 students of the summer
session of the Southwest Texas
Teachers College at San Marcos have
organized themselves into their re-
spective county organizations for the
purpose of effecting a closer relation-
ship between themselves and between
the faculty and the student body, in
both a profssional and a social way.
The Teachers College recognizes
the value in keeping in close touch
with its students, and this is one of
the ways the College has of “feeling
the pulse” of its students during the
year when the greater per cent of
the teachers in school this summer
will be out in the public schools of
the State.
Already plans laid early in the term
are beginning to take form. Plans
for the next term and for the next
school year are already in the making.
The organizations number 135,
this being the number of counties
represented by the students in the
San Marcos Teachers College this
summer.
Hot weather is hard on teething ba-
bies. They suffer the combined mis-
ery of heat, pain and stomach disor-
der. McGee’s Baby Elivir helps the
little sufferer through te trying peri-
od by correcting the stomach and
bowels. Price, 35c and 60c. Sold by
Palace Drug Store.
The Quloine That Does Not Affect The Head
Because of its tonic and laxative effect, LAXA-
TIVE BROMO QUININE (Tablets) can be taken
nervousness or ringing
signature on box. 30c
by anyone without causing
in the head. E.W. GROVE S
itiittiiniiniiininnunntmi'iiiiiiiminftiimnmiiitiiA
No. 488
OFFICIAL STATEMENT OF FINANCIAL CONDITION OF
THE FIRST STATE BANK
AT WEST
State of Texas, at the close of business on the 30th day of June, 1923
published in The West Weekly News, a newspaper printed and pub-
lished at West, State of Texas, on the 13th day of July; A. D.1923.
RESOURCES
Loans and Discounts, Personal or collateral ........................$240,534.45
Loans, real estate .......................*................................................. 5,644.60
Overdrafts ...............................................................-....................... 204.01
Stock Federal Reserve Bank .....................................-............... 1,500.00
Real Estate (banking house) .................................................... 6,000.00
Furniture and Fixtures ................................................................ 2,930.20
Due from other Banks and Bankers, and cash on hand........ 24,241.57
Interest in Depositors’ Guaranty Fund ................................ 4,658.03
Assessment Depositor’s Guaranty Fund ............................ 3,272.32
T otal .......................................-......................-...........$288,985.21
LIABILITIES
Capital Stock paid in..................................................................$ 50,000.00
Surplus Fund .......................................................-....................... 2,500.00
Undivided Pfofits, net .............-................................................ 5,177.80
Individual Deposits, subject to check...........-.............-............ 131,985.83
Time Certificates of Deposit ...........................-........................... 57,045.04
Cashier’s Checks ...................-....................................................... 334.25
Bills Payable and Rediscounts .................................................... 41,942.29
Total
$288,985.21
STATE OF TEXAS, County of McLennan:
We, C. W. Holloway, as president, and W. W. Holloway as cashier
of said bank, each of us, do solemnly swear that the above statement
is true to the best of our knowledge and belief.
C. W. Holloway, President
W. W. Holloway, Cashier
CORRECT—ATTEST:
J. W. Boggess -
W. R. Denton
E. C. Adams, Directors.
Subscribed and sworn
(Seal)
to before me this 9th day j
E. H.*
Notary Public McLennan, County, Texas.
At the meeting of the board of
directors of the Humphreys Oil Com-
' pany held in Dallas Wednesday, A.
Hardy Eubanks, Active Vice Presi-
dent of the Farmers State Bank of
| this city, was unanimously elected to
the post of Secretary and Assistant
Treasurer of the Humphreys Oil
Company, made vacant by the resign-
ation of William Reed of New York.
The resignation of Mr. Reed as
Secretary and Assistant Treasurer
had been received several days prior
to the meeting in Dallas Wednesday.
It was known for sometime that the
action was being contemplated and
President Albert E. Humphreys and
other directors then begun to con-
sider his successor. Mr. Eubanks is
today receiving many congratulations
from friends who are pleased to know
that the big oil company did not have
to look further than Mexia to find a
man to take up the important posi-
tion of responsibility and honor left
by Mr. Reed.
In speaking of the action of the
board, one Mexia citizen today said,
“The Humphreys Oil Company has
paid Mexia and Texas a distinct
compliment in the selection of the
local citizen to this high honor. It ,s
one of the greatest tributes that has
ever been paid to a Texas banker,
and an honor which he will well
wear, as he is possessed of these
sterling qualifications that truly re-
flect the -Very best in manhood con-
nected with the great company.”
Mr Eubanks came to Mexia in
May, 1922, as active Vice President
BURNING TEXAS HOMES
Dwellings in State Valued at $13,-
043,160 Destroyed by Fire in Five
Years—Loss of Life Involved
New York, July 9.—In view of the
persistant shortage of housing fa-
cilties in Texas as in every other
state, it is not a little alarming to
learn from figures made public today
by the National Board of Fire Under-
writrs, through its Acturial Bureau,
that Texas burned, during the five-
year period of 1917-1921, dwelling
house property valued at $13,043,160.
This was only a portion of the total
fire destruction in Texas; it repre-
sents a per capita dwelling fire loss
for the state of $2.77. At $10,000
each, 1, 304 comfortable homes could
have been constructed with money
thus thrown away, and the scarcity
of suitable housing accomodations in
Texas materially relieved.
It appears further that the total
loss in dwellings for the entire
'country, during this term, exceeded
a quarter-billion dollars, standing at
$321, 453, 878. Chief among the orig-
inating causes cited by the Board as
responsible for this unexampled de-
struction were “Defective Chimneys
and Flues,” “Spark on Roofs” usually
wooden shingles, “Stoves, Furnaces,
Boilers and Their Pipes,” “Electric-
#ty”(misused), and “Matches-Smok-
ing.” H
“Significantly enough,” said W. E.
Mallalieu. general manager of the
National Board, in commenting upon
the losses, “four of these five causes
long since were pronounced by fire
I prevention engineers to be “Strictly
Contents loFluid Dr,
and Cashier of the Farmers State Preventable,” for sheer carelessness
Bank. Prior to that, he was for more
than two years connected with the
State Department of Insurance and
Banking.
He is 37 years of age and for the
past twelve years has passed through
a very extensive and successful bank-
ing experience and his dealings with
the oil sections of.Jthe state since
1920* has acquainted him with many
of the details that fit him eminent-
ly for the post to which he was elect-
ed Wednesday.
His relations with the Farmers
Stale Bank here have been highly
satisfactory assert other officials and
directors of the institution. Mr.
Eubanks states that he has tender-
ed hig resignation as Active. Vice-
President to the bank, which has
been accepted, but states that he will
retain his interest in the bank and
His relations as a member of the
Board of Dirctors. Several months
ago J. L. Hearn was elected cashier
of the bank. Mr. Eubanks then be-
ing given an opportunity to give
more time to the Vice Presidency.
His successor as Active Vice Pres-
ident will be announced with in the
next few days.
Mr. Eubanks moved with his wife
and four boys to Mexia immediately
following the establishment of his
connections with this local financial
institution, and since then he has
been recpgnized as one of Mexia’s
mos loyal and helpful citizens. His
boys are A. H., Jr., Leon Stewart, J.
W. (Billie, and the baby, Kenneth
Ray. These and Mrs. Eubanks are
now on a visit with her mother in
Collin County, where Mr. Eubanks
himself was bom.
His duties wfth the Humphreys
Oil Company will begin about the
first of August.—Mexia News.
in some form is, of course, at the
bottom of an over whelming majori-
ty of all blazes in dweelings as in
every other type of structure.”
“More appalling by far than even
the enormous financial loss, however,
is the record of the thousands of fa-
talities involved—an utterly purpose-
less waste of life from which Texas
unfortunately, was not by any means
free. Statistics are no avilble to
show what proportion of the 15,000
deaths from fire—Which in this
coutry is the average yearly toll—oc-
curred in residences, but a fair es-
timate would place it well above 50
per cent. That dwelling house fires
are so frequently attended by loss of
life—the victims usually being women
and children—points clearly to the
fact that fire prevention begins
rightly at home.
"It cannot begin to soon. Fires
are occuring in American homes at
the rate of 359 in each twenty-four
hour period—a fresh outbreak every
four minutes. If, as so often has been
stated,, the homq is the ultimate bul-
wark of American institutions, then
I there would seem to be a grave nat-
ional ifienance in this continuous as-
sault by fire. Yet it is a danger that
need not be suffered. It can be check-
ed by the exercise of carefulness, in-
dividual and public, for an average
of three out of every four fires re-
sult from negligent habits or from
ignorance of hazardous conditions.”
CASTORIA
For Infants and ChDdren.
Mothers Know Hot
Genuine Castoria
1 AlWctyS
jgsimilatin^theRodbjrKe^ttUn, J
!|itin^eS^g«gdBg^ gearS ^0
Si-
Infants Childbi^
Signature
of
Thereby Promoting DSestt*
Cheerfulness and RestCflOto®*
&£•“•
icJaeaSari
Facsimile S.jnat^0'
ill?
ill ’asrsg
Exact Copy of Wrapper.
mmmmmmsm
li
Use
For Over
Thirty Years
CASTORIA
THE CCRTHUR COMPANY, New YORK CITY.
Habitual Constipation Cured
In 14 to 21 Days
“LAX-FOS WITH PEPSIN" is a specially-
prepared Syrup Tonic-Laxative for Habitual
Constipation. It relieves promptly and
should be taken regularly for 14 to 21 days
to induce regular action. It Stimulates and
Regulates. Very Pleasant to Take.' 60c
per bottle.
Piles Cured in 6 to 14 Days
Druggists refund money if PAZO OINTMENT fails
to cure Itching. Blind, Bleeding or Protruding
Piles. Instantly relieves Itching Piles, and you
can get restful sleep after first application. GOc.
There is nothing in the whole list
of fleash-healing remedies that can ap-
proach Liquid Borozone in the rapid-
ity with which it heals cuts, wounds,
sores, burns or scalds. It is a mar-
velous discovery. Price, 30c, 60c and
$i.20. Sold by Palace Drug Store.
Colds Cause Grip and Influenza
LAXATIVE BROMO QUININE Tablets romovetke
coast. Tfccre is ocly one "Bromo Quuunr*'
E. W GROVE S sigoatsre on box. Stic.
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Charter No. 8239. Reserve District No. 11
REPORT OF THE CONDITION OF THE
ATTENDING BAYLOR COLLEGE
SUMMER SCHOOL
Belton, July 9.—Two West girls,
the Misses Clara Cook, and Mary
Kate Gafford are attending the sum-
mer term of Baylor College.
The enrollment for the summer
term has reached 801, the largest in
the history of the college, and one of
the largest schools in Teasx.
The College will conduct a special
five-week term which will open Aug-
ust 11 and close September 14. A
student may take one and a half ma-
jors of work, if she has made an
average of “B” for two terms prev-
ious to this, she may take two, majors.
Academy students may take one unit.
The enrollment fdr the session
1922-’23 was 1,820, making Baylor
College the third largest college for
women in the United States. Smith
College, Nerthhampton, Mass., is the
largest and Wellesley College, WeL
lesley, Mass., is the second. The
Baylor enrollment for the session
1929-*24 is estimated to reach the
2,000 mark, according to President J.
C. Hardy. There is already a 33 per
cent increase in paid up reservations
ov<w those made at thie time last
yea*.
I 'Sal'H
Jj Your
*1 service.
Your battery need* our kind Of
service. West Service Station. tf
UNITED STATES SENATOR MAY-
FIELD SECURED HIS BUSI-
NESS TRAINING IN TYLER
COMMERCIAL COLLEGE
NATIONAL BANK OF WEST
At West, in the State of Texas, at the close of business
on June 30, 1923.
Unitd States Senator, Earl B.
Mayfield has the following to say:
“The world today is calling for men
who arc prepared and can get re-
sults. The keynote of success is
“Efficiency.” Tyler Commercial Col-
lege offers such preparation and I un-
reservedly commend it to the young
men and women of Texas.
“I am proud of the diploma which l
hold from Tyler Commercial College'.'
The commercial training instij^e^. fpr.
to me, while I was a student in your
institution, has been of incalculable
benefit to me in dealing With the
problems arising even ftbfori the'(
Railroad Cwuroi*»ion of fjjr State”
In our hig illustrated (Catalogue are,
scores of othenlefcbers, from MW
graduates. YoirwHF Wad them inter-
esting. The catalogue .,** free. . Fill
in nampjw4 *o»e
to you by’return mail.' We prepare
-itil- ri ,,i f-Rier '■ ,«>n»
you tor positions as Bookkeeper, Ac-
count!,. Stenographer, .Private. Sec-
retary, Station Agent, Telegraph
Operator, Cotton Claeaer, and Wire-
less Operator. We alio teach by
mail. ' Positions secured. Address
Tyler Commercial College, Tyler,
Texas.
Name .............
Address _________
Name of paper
RESOURCES
Loans and discounts, including rediscounts, ac-
ceptances of other banks, and foreign bills of
exchange or drafts sold with indorsement of
this bank (except those shown in b and c)........$147,002.55
Total ................................................................................$147,002.55
Overdrafts, unsecured ........................................................... 95.40
U. S. Government Securities Owned:
Deposited to secure circulation (U.S. bonds par
value .......................................................................... 50,000.00 >i
All other United States Government securities
(including premiums, if any)................................ 5,678.79
Total......................................... 55,678.79
Other bonds, stocks, securities, etc.:.................................1,800.00
Banking House, $24,303.41; Furniture, Fixtures, $2,265.57;.,. 26,568.98 i
Lawful reserve with Federal Reserve Bank........._,Yrr..9J37.65
Cash in vault and amount due from national banks,.,„TTrr,n,39j689l,44,
Checks on other banks in the same city or; „ ,, ni..ij
town as reporting bank (other than ltegl 12).v..w.n-,Jorr n, ..--150.98 •.
Total of Items 9, 10, 11, 12,
Miscellaneous cash items..
46VU
“iNVTtffPW'RIWH”-"T*" IT!—.
Redemption fund with U. S. Treasurer and due (
from U. S. Treasurer ...................................!................ 2,?00J)p;,
Other assets, if any ............-.....................—....... 25.52
i
TOTAL
'TyTII'Uf* *1!
i/
tor ifii‘ >•
* <,*i,'* ..................................
.........................$283,112165
;
• ifi
LIABILITIES
Capital Stock paid ia — ........;—IL...::......
Surplus fund ...............................——
1 Undivided profits
6,581.37
$ 50(000.00
- 10,000.00
PMm Cwr*tf ta 6 to 14 Day*
Less currant expenses, interest,, and taxes paid . 5,581.37 5,5814V ‘
- Circulating notes outstanding;-................_......-...................... 48,800.00
Cashier’s checks outstanding ......—j 214.00
Total of Items 21, 22, 23, 24, and 26...............214.00 rr
Individual deposits subject to check—................•.....—.;.... 94.249.95
; Total of demand deposits (other thsn bank ■ ■• .kc: k bod
depoaita). subject to Reserve, Items 26, 27, 28, - -s ■ - t
29, 30, and 31....... .....................***«>.............. 84449,95
Other time deposits —»....,.i—,-............. 88,041.07
1 Postal savings deposits .......................615,96
Total of time deposits subject to Reterve, (
Items 32, 33, 34, end 35-.—,------------ ---------- 69,567.03 . v
'' Liabilities other than those above stated:
'i Interest not earned ..........4,71940
■c
TOTAL.
. ..................
$283,112.65
STATE OF TEXAS, County of McLennan, ss:
I, W. P. Cook, Cashier of the above-named bank do solemnly swear
that the above statement is true to the best of my knowledge and be-
lief. W. P. Cook, Cashier.
CORRECT--ATTEST: ,mmH
J. M. Park,
W. T. Harris,
- ?* U. E. Biggs, Director. -
Subscribed and sworn to before me this 9th day of July, 1988.
(Beal) •»“> ' «*r vise. * -ta- “ -E. H Bresler, Notary
,»>.> ei •*■»£ »e»W y ijiY.fi:
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Hudson, Estelle. The West Weekly News and Times. (West, Tex.), Vol. 34, No. 37, Ed. 1 Friday, July 13, 1923, newspaper, July 13, 1923; (https://texashistory.unt.edu/ark:/67531/metapth588085/m1/3/: accessed June 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting West Public Library.