The Bank of Bisbee

Who's Who in Arizona, Vol. 1. 1913 page 206 by Jo Conners

Transcribed by Jean Walker, July 2024.

Circa 1907 postcard of Bisbee Main Street with The Bank of Bisbee on the right. Owned by Jean Walker

The Bank of Bisbee, one of the largest banks in the state, and the first one established in Cochise county, was organized in January, 1900, and authorized under the Territorial Bank Act to commence business. For some years prior to its organization the Copper Queen Store acted as depository, as a matter of accommodation, and in various capacities assumed responsibilities ordinarily assumed by banking houses only, until this became too heavy a tax upon their time and force. Then, recognizing the necessity of a safe depository for funds of corporations and individuals, the following gentlemen organized The Bank of Bisbee, which commenced business on February 19, 1900: W. H. Brophy, J. S. Douglas, Ben Williams, J. B. Angius, and M. J. Cunningham. The capital stock of $50,000 was all paid in before the bank was opened for business. Its success was immediate, as each member of the board of directors was well known in the community, and the confidence then displayed in their integrity and executive ability has been more forcibly shown with each succeeding year. The Bank of Bisbee is safe, conservatively managed, meets the wants of its patrons as liberally as good banking customs will permit, and stands for all that is reliable and trustworthy. It has its own building designed expressly for banking purposes, in which are incorporated safety deposit vaults, and which is amply protected by all the safeguards necessary in banking houses. The officials and directors stand foremost among the eminent and substantial men of Cochise County. Mr. Cunningham, who has been cashier since the opening of the bank, is one of the ablest men in banking circles in Arizona, and a man whose executive ability has manifested itself in many ways in his present position. Mr. W. H. Brophy is president and also general manager of the Phelps Dodge Mercantile Company. Mr. J. S. Douglas is vice president, and a son of Doctor James Douglas, president of Phelps Dodge & Co., and one of the big mining men of the state. The directors are: Ben Williams, J. S. Douglas, L. D. Ricketts, W. H. Brophy and M. J. Cunningham.

USGENWEB NOTICE: These electronic pages may NOT be reproduced in any format for profit or presentation by any other organization or persons. Persons or organizations desiring to use this material must obtain written consent of the archivist or submitter.

---