Montana, its story and biography; a history of aboriginal and territorial Montana and three decades of statehood, under the editorial supervision of Tom Stout ... . hen handled the real es-tate and stock end of the business, and finally be-came a partner with John Murphy and a brother-in-law in the real estate business. .After disposing of his interests Patrick Mur-phy came to Montana, and in February. 1914, locatedat Scobey, which was just beginning its career asa new town. He opened a loan and real estate officewith the intention of establishing a bank later. Thisplan he achieved when the Me
Montana, its story and biography; a history of aboriginal and territorial Montana and three decades of statehood, under the editorial supervision of Tom Stout ... . hen handled the real es-tate and stock end of the business, and finally be-came a partner with John Murphy and a brother-in-law in the real estate business. .After disposing of his interests Patrick Mur-phy came to Montana, and in February. 1914, locatedat Scobey, which was just beginning its career asa new town. He opened a loan and real estate officewith the intention of establishing a bank later. Thisplan he achieved when the Merchants National Bankwas chartered, November 16, 1917. with capital of$25,000. His chief associates were his brother J. , of New England; Thomas F. Clifford, ofScobey, who became vice president; C. L. Merrick,of Minneapolis, also a vice president; and PatrickB. Murphy, cashier. Besides these officers, otherdirectors are H. E. South and H. J. Hellekson. ofScobey, and the oflScers and directors remain thesame as at organization. .At the close of 1919 thebank statement showed capitalization of $25,000, sur-plus of $5,000 and deposits of $150,000. It was. ^^^^^^-^—^t.^^ ^ , O^^L-Z^ i HISTORY OF MONTANA 1070 largely due to the influence of Patrick B. Murphythat the home of the Merchants National Bank waserected on lot 5, block 6. This institution has been Mr. Murphys chief in-terest at Scobey, though during the war he wasactively associated with other citizens in promotingpatriotic work and was chairman of one of theLiberty Loan drives. Politically he has been ademocrat, casting his first vote for Mr. Bryan in 1908. He was once chosen alderman of Scobey butrefused to qualify. He was reared a Catholic, is amember of that church, and is affiliated with tneKnights of Columbus, the Foresters and ModernWoodmen of America. June 4, 1913, at Phillips, Wisconsin, Mr. Murphymarried Miss Magdalene Laux, who was born July22, 1889, daughter of John and Margaret Laux. Herfather w
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Keywords: ., bookcentury1900, bookdecade1920, booksubjectmontana, bookyear1921
