Memorial and Biographical History of Dallas County, Texas. Page: 305 of 1,110
vii, 9-1011 p. incl. ill., ports. : ports. ; 28 cm.View a full description of this book.
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HISTORY_ OFDLASCUTY 0
LIABILITIES.
Capital stock paid in............................. $150,000 00
Surplus fund.................................... 10,000 00
Undivided profits.................................. 3,242 61
National bank notes outstanding ............. 33,750 00
Individual deposits subject to check...... 125,588 77
Demand certificates of deposit ............... 70 00
Certified checks .............................. . 500 00
Due to other national banks.................... 21,866 09
Due to State banks and bankers ............ 16,586 86
Notes and bills re-discounted.................. 9,000 00
Total ............................................ $370,604 33
The Mercantile National Bank of Dallas,
successor to the Savings National Bank, was
organized March 15, 1892, with J. Huey,
president; A.V. Lane, vice-president; Paul
Furst, cashier. Capital $150,000. Directors:
J. Huey, president; A. B. Taber, manager
Mansur D.
H. Morrow, attorney at law and capitalist;
H. A. Kahler, manager Graves A. V. Lane, vice president; S.
Philp, wholesale hardware; Edward Gray,
attorney at law; J. W. Straus, merchant;
Paul Furst, cashier.
CONDITION JULY 12, 1892.
RESOTRCES.
Loans and discounts..............................$12q,648 17
Overdrafts, secured and unsecured........ 3,723 04
United States bonds to secure circulation... 37500 OQ
Stocks, securities, etc ............................... 14,400 00
Due from approved reserve agents.... .. 12,406 16
Due from other national bans ................. 13,148 32
Due from state bans aid bankers........... 9371 67
Furniture and 4xtures...................... 15,427 35
Current expenses riqd taxes paid............... 3,122 38
Premiums on United States bonds...... . 6,187 50
bonds.... 6,187 50
Checks and Qther cash items..................... 418 80
Exchanges for clearing-houses.................. 776 63
Bills of other banks............405 00
Fractional paper currency, nickels and cents 7 07
Specie.. ............................... ... 8,752 45
Legal tender notes...........11277 00
21 ...... ........ ........Redemption Fund with U. S treasurer (5
per cent of circulation)......................... 1,687 50
Total................................................$265,259 04
LIABILITIES.
Capital stock paid in...............................$128,600 00
Undivided profits................................... 3,616 68
National bank notes outstanding................ 33,750 00
Individual deposits subject to check.......... 87,583 67
Demand certificates of deposit .................. 8,462 11
Cashier's checks outstanding..................... 25 00
Due to other national banks..................... 3,221 58
Total ......... ........................... .... .. $265, 259 04
RECAPITULATION.
RESOURCES.
Loans, etc........ ........................................$14 ,771 21
U. S. bonds and premium ........................ 43,687 50
Furniture and fixtures .............................. 15,427 35
Expenses paid......................................... 3,122 38
Five per cent redemption fund .................. 1,687 50
Cash...................................... 21,636 95
Exchange............................... 34,926 15
56,563 10
Total ....... ... . . . ............................... 265,259 04
LIABILITIES.
Capital paid in......................... ............. $128,600 00
Undivided profits .................................... 3,616 68
Circulation ........................ ...... ........... . 33,750 00
Deposits. ........... .......... ................... 99,292 36
Total............... $.... 265,259 04
The Bankers C. W Gano, first vice president;
Noa Spears, second vice-president; E.
W. Taylor, third vice president; A. Hausl,
cashier.
In 1891 a general election was held by the
stockholders, and the present officers were
elected, viz. W. J. Keller, president; C. W.
Gano, vice president; Noa Spears, cashier; E.
A. Stuart, assistant cashier. The present-
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Lewis Publishing Company. Memorial and Biographical History of Dallas County, Texas., book, 1892; Chicago, Illinois. (https://texashistory.unt.edu/ark:/67531/metapth20932/m1/305/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Dallas Public Library.