A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912 Page: 104
184 p. : illus. ; 23 cm.View a full description of this book.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
104 A THUM-NAIL 'HIvroIY OF
The officers are: OQ L. Cochran, president; R.
E. Painej vice president; P. B. Timpson, vice president;
W. S. Patton, secretary and treasurer; 0. R.
Weyrich, assistant secretary.
The Southern Trust Company was organized in
1909 and began business in January, 1910. Its capital
stock was $500,000, but this was almost immediately
increased to $800,000. The success of this
company has been phenomenal. It is only a little
over two years old and yet it has earned over half a
million dollars and has paid large dividends since
its organization. Following is the statement of this
company at the close of business April 18, 1912:
Capital stock paid in ..............$ 800,000.00
Surplus fund .................... 400,000.00
Undivided profits, net ......... 168,278.21
Trust funds ..................... 6,466.10
Reserved for taxes, 1912 .......... 4,500.00
Bills payable and re-discounts ...... 140,000.00
Certificates of deposit ............ 177,800.00
Accounts payable .........2...... 2,488.28
$1,698,982.59
The officers of the Southern Trust Company
are: James L. Autry, president; Travis Holland,
vice president; J. W. Powers, Jr., secretary; Beverly
W. Ward, assistant secretary; Ernest Carroll,
treasurer.
The Texas Trust Company was organized in
1909 with a capital stock of $500,000. It at once
established for itself a reputation for soundness
and conservatism, which made at once towards its
Upcoming Pages
Here’s what’s next.
Search Inside
This book can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Book.
Young, Samuel Oliver. A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912, book, 1912; Houston, Texas. (https://texashistory.unt.edu/ark:/67531/metapth24649/m1/118/: accessed April 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Special Collections.