The Weekly Democrat-Gazette (McKinney, Tex.), Vol. 23, No. 46, Ed. 1 Thursday, December 20, 1906 Page: 1 of 30
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TWENTY EIGHT PAQE8 THIS WEEK. SPECIAL. CHRISTMAS EDITION
•1.00 PER YEAR.
McKINNEY, COLLIN CXJITNTY TEXAS, THURSDAY, DECEMBER UO, KM Ml.
VOL. £1, NO. 4A.
City of McKinney
In many particulars McKinney eu
Joys advantages that are possessed
by no other town In Texas. Situat-
ed In the center and the captltul or
the richest agricultural Country l
the United States., the population 1*
composed of a substantial and weal-
thy people, who should breathe u
continual thanksgiving that their
lots have fallen In such pleasant
The growth of this city has been
gradual, Indicating stability, and
every enterprise now In operation la
coming up to the anticipations of its
promoters. The town has mills of
every description and some factories
As a commercial ceuter, McKinney
, Is without a parallel In North Texas.
A large amount of cotton marketed
here each season, and wheat, oats,
corn and other farm products In
equal proportion. The best prices
are paid t.r those articles and here
the larmer can obtain every article
needed In his business at the low-
est prices and from the most accom-
modating merchants under the sun.
Too much praise cannot be given Mc
Kinney's pushing and practical mer-
chants. They advertise their goods
at bargains anil always sell as they
McKinney has three of the lead-
ing banking institutions of the state
all doing a good business. Their
combined business aggregates some-
thing like $5,000,000 annually.
Ranks are operated by accommodat-
ing people whose interests are iden-
tical with their customers and who
always look to the best interests or
each and every individual doing bu-
siness with them.
McKinney's schools and churches
are her pride. All the leading de-
nominations are represented, includ
ing the Methodist, Baptist, Chrlst-
tlan, Presbyterian, Cumberland,
Episcopal, Catholic and First
Church of Christ, each of which
have a place of worship, some of
which are magnificent In design and
Architecture. The public schools
of the city are composed of the cen-
tral school, with an attendance ot
about 700 and three ward schools,
each with an attendance of about
125, making a total ucolaatlc enroll-
ment of something over 1000. These
schools are under the management
of an efficient corps of experlenceu
educators, whose eyes and hearts
are ever open to the best Interests of
those Intrusted to their care.
Among the enterprises soon to be
realized might be mentioned the
dtieroian-Dallas Interurbau, which
tins been graded a part of the dis-
tance and over whose lines the trol-
ley carB will soon be running
through our city. That also meant
that a street car system lor the city
is to follow with little delay, giving
us a uietropo.itau appearance as wel
as substantial service In the way oi
From the standpoint of society
McKinney has reached the Climax of
her superiority. The young people
of the city, being highly educated,
with unsurrpassed resources lor In-
tellectual advancement, are prepar-
ed to move In the soc.al circles ot
the best cities of the country. Th«
Elks, the leading social tlub of the
city, has a membership of something
over one hundred and the other
clubs are equally as important In
their respective departments
As yet we are somjwhai deficient
in manufacturing Industries, but
the3e will tome in duu time, as the
field is too inviting to remain much
longer unoccupied. In this c'lnnec-
tlon it might be stated that capit.ii
could find no safer investment than
j right here In McKIn y, nnd no clly
In the state can offer ssufer ret'i'iis.
Also to the men who are seeking an
Ideal home to educate their children
where their associations and sur-
roundings will be the, best.
The Courier-Gazette says come to
McKinney and you will make no
mistake. Our peope are essentially
home-loving, and well they may be,
for their homes are to be found lr.
one of the best cities or Its size In
the United States.
As to railroads, we now have the
Houston and Texas Central and the
Missouri. Kansas and Texas, this
city being the terminus of the Mln
eola branch of the latter road. The
Texas, New Mexico and Pacific
which has been surveyed a consider-
able distance west, will be construc-
ted In the near future, notwith-
standing the obstacles that hav«j
been encountered by the projectors
of the enterprise.
McKinney has no superiors and
few equals In or out of Texas, and
the Dally Courler-Oazette and The
Democrat-Gazette counts It a dis-
tinction to be numbered among its
I Most Have That Chewing Gum.
England's sun was slowly setting
On the egg of morrow's dawn,
As a vassar girl strayed pigeon-
Adown th^ narrow lawn;
Knd the bright red rays in glory
Wreathed the head of one who
in a dark and gloomy corner.
Filled with anger and dismay.
"She may cry and- squeal and kick
But ahe would not do my sum,
And I'll never, never, never
Let her chew my chewing gum."
Bessie's white lips fal-
As ahe pointed to the maid,
'Do you know that horrid creature
Do you know what ahe has said?
In her dark and gloomy pocket
She Is carrying In her loose
Boarding school companion
Much aa twenty sticks of spruce.
"And ahe says that I shall have
I, her only friend, her chum."
And she spoke In husky whispers,
"I must have that chewing gum!"
"Bessie," calmly spoke the teacher—•
Every word froze In her ear— I
"For years I've taught at Vassar I
And I will not interfere.
I have done my duty ever;
I've been cool, discreet nnd mum,
But I can't make Bertha Under-
Give you her chewing gum."
\Vild the girl's eyes, pale h<?r feat-
An she totters up the stair,
And the dew falls in soft pity
As the stars aee her In despair.
Not a moment stops the maiden
Till she gains the upper flight,
And atande out In the darkenss
Like an angel carved In night.
Far out, the distant city
Seems a tiny, sparkling speck
Where she well remembers often
Buying apruce gum by the peck.
Above, to* throbbing heavens.
Seeemlngly reflect her soul
Wherein the mighty music
Of a mighty vengeance roll.
Shall she stop their diapason
Shall she smite their anthems
She crushes swift the feeling:
"I must have that chewing gum!"
Quick she enters Bertha's bedroom
Quick she wraps her In a sheet,
And the garment winding tenderly,
Clothes her well from head to
Then, In a darkened corner,
Like some member of the host
Who sometimes wander back to
Shes tands a rigid ghost!
And, standing so, she listens
'Till she hears the fairy drum
Of Bertha'a airy footsteps
Bringing up that chewing gum.
Such a yell! A quivering figure
Lies prostrate on the floor,
While the very winds stop sighing
As they shrink back from the
The pale, soft moon rose slowly,
Each bright star bent her head,
As the patron star of Vassar
Shed Its rays around the d< ad.
And like another moon,
The teacher climbed the winding
To find fair Bertha robed In death
And Bessie kneeling there.
With no remorse on her pale face,
She whispered softy, "Come!
The angels have got Bertha,
But I've got her chewing gum."
Special Price on Heating Stove*.
Inch air tight heating stovti
Inch air tight heating stor*
13 Canon coal stove $3.90.
14 Canon coal stove 94.60.
KS0 Parlor coal stove $4.90.
6(0 Parlor coal stove $8 90.
R. W. DAVENPORT.
^ 1 1 1 ! 1 I 1 I I 1 1 11 I 1 I ! I I 11 M l 1 1 M"H 1 I I I 11 I 1 1 1 i'll'H l l t I I I H'l 'l 111111! iH-l l I MM I I I I 1 I 1 I I I | r ;
Continental Bank & Trust Company
One « f Collin County's 'Host Prosperous Institutions
Ji'111H11111iiiH'111hw11111111111111111iii r! 1111111111; 11111 i ti i 1111M, 111 Mii11ii>;;
Pour Hanks In Collin County.
The Continental Bank aud TruBt
Company owning anl operating
banks at Anna, Blue Ridge, Prosper
and McKinney, in Colllu county, lb
one of the leading financial lustitu
Hons not only of this county, but
of the entire state. It is fast gain
lug the confidence ot the people and
it the steady growth It has made
slnce its organization continues it
will soon rank with the strongest
banks or this great Southwest.
• • • • •
Cause and Effect.
When men see an effect they In-
stinctively look for a cause. In
searching for the explanation as to
how this bank has—within three
and one-half years grown from de-
posits of nothing at all to deposits
on the 30th of November 19C0
amounting to one million nine hun-
dred aud forty two thousand dollars,
one has not far to go. It lies In the
fact that it is founded upon correct
and proven principles and Its man-
agement Is In the hauds of experi-
enced men. men who have given the
best years of their business lives to
a study of the great principles un-
derlying the Bclence of banking ana
who out of their ripe experience
prises this bank has always been
abundantly able to meet the needs
of its customers. It recognizes thai
It is a servant ot the public, that I:
owes a duty to the community In
which It operates and upon which Ti
depends ror success and that b>.
conserving Its funds mid distribut-
ing them as the various ueeds of the
community may require It is best
meeting Its obligations. It does
not believe that its every operation
should be for the benefit or Its offi-
cers and stockholders. It cordially
acknowledges that It owes tnucu
more to the community than the
community owes to it.
• • • • •
Encourages Thrift and Having.
It is an old saying—but none the
less true, that he who causes two
blades of grass to grow where only
one had grown before is a public
beneractor. It can not be less true
that the man or institution that en-
courages thrift and economy among
tho people is a benefactor aa well.
Texas people are proverbially waste-
ful. The people of the black wax^
belt—the writer is a native—wast*
mote than many people of the sunt-.-
number occupying the same terri-
tory make each year. This bank
ence growing out of a system In
use for more than 400 years by
which to be guided the managers of
The Continental Hank found no se-
rious difficulty in surrounding the
Institution with every safeguard
known to the banking fraternity.
• • • • •
Its Crimination System llest.
One of the most important oi
these is believed to be Its system ot
examination by Its own uudltoi
whose salary and traveling expenses
are paid for by the bank and who Is
himself a stockholder in the Institu-
tion. Mr. William R Rldgeley, the
present head of the National bank-
ing system, in a recent report to 1 aplte the past two hard years lt*>
Congress in which he sought to deposits were largely in excess oi
point out some of the defects of the what they have ever before been. If
system and to sugges t remedies any reader of this article does not
therefor, called especial attention to thoroughly understand every Item
the weakness ot their system of ex- of the above statement he is cont-
aminations. He attributed by fai ally invited to take it to any bank
the greater part of this weakness to man In Collin county and ask for an
the fact that National bank examtn- explanation.
ly represent weakness as
strength. They know that the test
of strength is In the value of assets
as related to liabilities; that tU->
ability of a bank to "pay" is shown
by the relation of the item of "casli
on hand" to "deposits." Attention
is especially Invited to these two
items in the above statement. The*
understand that "money borrowed
must be deducted trom "cash on
hand." A critical inspection and
analasys or the above statement Is
invited. It will reveal the tact that
this bank had on hand in cash 70
per cent or its deposits; that it
owed no borrowed money: that de-
have been able to surround this • endeavors to encourage its custom-
bank with every saTeguard known to a 0f saving.
modern bank men. « • •
The Continental Rank and Trust
Co. stands for the principles thai
the past experiences ot banks ev-
tendtng over a period of hundreds ot
years have proven to be sound ana
true. It does not claim tor Itselt
tho sole possession of all or one of
these virtues. It recognizes and
cordially acknowledges that besides
itself there are in Collin county a
number or banks that In principle
and In policy are as strong as the
wisdom ot men can make them. On
the other hand It Insists that no
bank that is not based upon correct
principles and has not a well defin-
ed and strictly adhered to policy has
n light to expect or can long retain
the confidence of an Intelligent peo
« • • • •
No Loans to Officers.
The management of the Conti-
nental Rank believe that bank offi-
cers are the custodians only of the I demonstrate the fact that It was
people's funds. They do not believe I equally as well suited for this as fo,
that any officer of any bank has the J H'1
right, either moral or legal, to use 1 ' e wor
the funds of his Institution for hla
own private gain. They know fror.?
the past experiences of banks, not
of this country only but of the entire
world, that possibly nineteen of e\-
Small Patrons Appreciated.
It welcomes the amall customer a*
well as the large one and it believes
that in so doing, in providing «
place where the small man may
safely deposit his savings until sucii
time as he may be able to find a sat-
isfactory investment It Ik conferring
a benefit upon such person. Tht>
man who finds It necessary to bor-
row a few dollars only is as justly
entitled to consideration as is the
man or corporation that borrows In
large amounts. One man may neeu
$6.00 to pay "boot" In a horse trade
just as much as another may need
$5,000 to buy cotton. The Conti-
nental welcomes the small borrowei
as well as the small depositor.
• • • • •
First in Texan.
Branch banking was. until the or
ganization of this bank, an unknown
thing in Texas. It remained tor The
Continental Bank to take this Bys
tem—the oldest in the world—and
era are paid tor their services by a
fee collected from the bank exam-
ined. The more banks examined
the more fees they get. He said that
no man could ',o e-tpected to .-.^ond
two days on the examination o' nt>
bank nnd receive one fee only when
• • • • •
Some bankers in looking over this
statement have said "The Conti-
nental has too much money on
hand." The management have re.
plied that while It Is true that earn-
by examining two banks in two Jays |ngB could have been made by lend-
he receives two fees. A National |nR n considerable portion of their
bank examiner receives the same fee available cash they preferred to al-
for the examination ot a bank ways maintain a strong position and
whether the work be done in one dar to be in condition to easily meet
or five. Mr. Rldgeley recommended any demands that could lie made
to Congress that the ree system ot even though by doing so they re-
payment or National bank examiners ducod the earnings ot their stock-
be abolished and that they be paid holders.
a salary and expenses Just as Is done
by The Continental Rank. Ho gave
it as his opinion that in that way on-
ly could satisfactory examinations
or National banks be secured. Spac*.
forbids further elaboration on this
phase of our subject hut an Intelli-
gent reader will experience no diffi-
culty In deciding for hlmseir by
which system—ours or that of the
National banks—the best exam-
inations may be expected. " Es-
pecially so when his attention is In-
vited to the fact that National banks
are examined only twice each year
while every branch of this bank Is
examined four times yearly.
• * • • •
In that Its earnings are distrib-
uted among more McKinney and
Collin county people than any oth-
• • • • •
| nil the other leading countries in er ')ank 'n county it feels that it
'Is more Justly than any other enti-
tled to be known as a "home Insti-
tution." It Is not n "family bank
but has more stockholders In C'ot-
lln county than any other bank lit
ery twenty bank failures have been
directly traceable to the practice oi
bank officers loaning money to them-
selves. Therefore to relieve their
bank of any possible entanglement
at this point and their customers ot
any possible danger of loss tron.
this cause It has been made one oj
the by-laws of this Association that
no officer or employe may directly
or Indirectly borrow from the bank.
This may sometimes work a hard-
* • • • •
own country there Is no other. It.
Is the National banking system of
ship upon some officer or employe , 0Tery iPatnng nation of the world
except the United States. It is the
but the rule is rigidly enforced.
Some good banks are not so strict
upon this point but the management
of the Continental Rank believe that
If they err at all It is best that It
should be on the side of safety. The
country has too often been witness
of the evil effects upon otherwlai-
aound Institutions of "loans to offi-
• • • • •
Ran on Himnlation.
The management of the Continent-
al Rank do not believe In specuh..
National Hank System.
The National banking system or
the United States dates back to 1861
only. and. as Is well known, was in-
augurated then chiefly to create a
market for theb onds of the govern- Statement of Condition Condensed,
ment which was then In sore flnau- ■ Continental Rank At Trust
cial straits. Co. at Close of Husi-
• • * • * news November
IIranch Ranking Oldest. :<0, 10OU,
The branch banking system—the RESOURCES—
system employed by The Continental Loans and discounts . . $943,358.2o
Rank—Is as old as the business of j Real Estate. Furniture and
banking. It's history Is the hlstor. i F'lxtures .•••• 85,167.-i
Of modern banking. Outside our (Stocks and bonds . . .. 27.538.0o
Cash and due from
Due on cotton 287,392.15
• • • • • mi
Never Borrowed a Dollar.
The Continental Rank has never
borrowed a dollar nor re-discounted
a note. It points to this fact not fo<-
the purpose or criticising those good
banks that have round It necessary
to do so but to evidence the conserv-
ative manner In which its affairs
have been conducted.
C. A. SANFORD.
National banking system of Canada,
of England, of Scotland, of France,
of Germany. The Hank of Englana,
the strongest financial institution In
the world, has numerous branches.
The Bank of France, possibly the
second strongest in the world, haa
377 branches. In Canada there are
more than 1200 banka and only 36
separate organizations. The branch
banking system has possibly reached
Its highest development In Scotland
where there are 1115 banks all bu-
tton either by banks, bank officers ! (nR branches of 11 separate instltu-
or bank cuatomers. Feeling stron,
ly upon this subject the bank Insists
that no officer ol this bank engage
Hons. These nations have been us-
ing this system for hundreds or yenrs
nnd have proven Its fitness by see-
In speculation of any character and I ing it stand the test of numerous
tnht It will not lend money to others 1 financial storms. Had It not been
upon which to speculate. The at-| one of the beat systeni8 that men
counts of persons engaged In specu-icould devise some of these nations
latlon or In hazardous enterprises would have discarded It. They have
or whatsoever character are neither not done so.
rollclted nor nccepted. They must • • • • •
seek accommodation elsewhere. Hrancli Ranking Preferred.
***** The present managers of the Contl-
Hunking Exclusively. netal Rank knowing the excellence
This bank does not believe that It
Capital stock $346,300.00
Profits (net! 86,509.0s
I solemnly swear that the above
statement Is correct to the best ot
my knowledge and belief.
REN W. FOUTS,
State of Texas, County of Tarrant.
Sworn to and subscribed before
me this the 5th day of December, A.
(Seal) M. G. DENISON,
Notary Public In and
H. A. L. GREENWOOD,
Maker of Photographs in
all the latest Styles
It's the best ot Xmas wishes we
would send to each one of our many
friends and would invite one and all
who read this to visit our studio at.
No. 20 Srvjth Tennessee street. You
all know me, have done work for
most of you, as you will see by some
of our mailing points, which are a
Montana, Kansas. Indian Territo-
ry. Oklahoma, and nearer home at
Allen, Copeville, Valdasta, Altoga,
Clear Lake, Frisco, Anna, Rock
Hill. Melissa. Ardath, Chambers-
vl lie, Lucas, Princeton, Rrltton,
Dallas, Princeton. Rlue Ridge, Fui-
ton, Aquilla, Prosper, Riggers, Fa>-
mersville. These are only some of
the points we mail to. We are al-
waya trying to attain the very best
In photos and will try to give satis-
faction to each one. Re sure ana
call, our prices you will find will
suit all pockets. We make a spe-
cialty of kodak work and enlarglnga
in all styles, also handle frames.
Thus every day we groan and tire,
We toll and labor and perspire
And oft of night^Mth broken
Some light, >me hard
And everything but human ease;
Until we banish sleep as vain
And wake with Photos on the brain.
Deposits December 31,
! Deposits December 31,
, of this pyatem and being so fortu- 1 1904
Is within the province or any bank nate ns to obtain a charter In this Deposits November
to finance Individual enterprises. It , state determined to make use of the j 19«5
believes It the duty or every bank to j branch banking s>Btem rather than Deposits November
Why all this weary toil and strife.
This rush, this maddening strain on
! In accents low and answer comes,
for Tarrant To please our friends, both old, and
April 2<>, That all the country, round may
That the best, neatest, place to go,
$330,000.Oo jls the Rlue Gallery for Photos fine,
The very best of every line.
foster, encourage and render nec- j of the National banking system or
easary assistance to each worthy en- this country which they might hnvt,
terprlae of the community In which , jttHt as easily used but which they
It operates, but it does not believe | did not for the very good reason that
In the right of any bank to engage they knew they had something bet-
In any bualneaa other than ter. How well the bank has sue-
that of banking nor In the right of reeded and the hold It has galnen
bank officers to uae the funds of the | upon the confidence of the people la
bank for operating their own prt- , heat shown by Ita atatement of con-
vate business. It belleven that the dltlon below given.
beat bank Is that bank which renders | e e e e •
satisfactory service to tfce moat peo- Krery Safeguard Known.
pie. By fostering M special enter- Having the benefit of the expert
• • • • •
IVIilc In Above Statement.
The management point—they be
lieve with pardonable pride to the
above statement of Its condition as
shown by the books of the bank on
Nov. 30, 1906, The people of Col-
lin county have reached that degree
of Intelligence when they may eaal-
ly discriminate between a good an I
a bad bank' statement. They recog-
nise that large totals may as eaal
So join our friends and come alonn
You'll mingle with a gladsome
Our work's the best—our prices
We'll strive to please with all our
You won't regret the step you tak%
When you get the Photos that we
Remember Greenwood 8tudlo. We
are always at your aervlce. Wlah
one and all a happy Christmas ann
bright New Yesr.—Greenwood. Pho-
togrspher. The oldeat gallery 1u
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Perkins, Tom W. & Wilson, Walter B. The Weekly Democrat-Gazette (McKinney, Tex.), Vol. 23, No. 46, Ed. 1 Thursday, December 20, 1906, newspaper, December 20, 1906; McKinney, Texas. (texashistory.unt.edu/ark:/67531/metapth291822/m1/1/: accessed May 23, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Collin County Genealogical Society.