Word: bankes
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Dates: during 1920-1929
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...proposed merging of the First Federal Foreign Banking Association with the Bank of the Manhattan Co., will, if ratified by stockholders of the first-named, unite one of the oldest with one of the newest American banks. The First Federal Foreign Banking Association was created under the Edge Act to specialize in foreign banking, and opened June...
...Bank of the Manhattan Co. was chartered in 1799 through the efforts of Aaron Burr. Previous to that date, the N. Y. State Assembly had allowed only one bank to be created-the Bank of New York, sponsored by Alexander Hamilton. Burr wished to create a rival bank, but owing to political conditions he knew he could not get a charter directly. He accordingly organized the Manhattan Co., ostensibly to engage in supplying fresh water to New Yorkers. A "joker" in the company's charter, overlooked by the Assembly, permitted it to enter the banking business as a sideline...
...country was treated to something of a shock recently, when it was announced that the Brotherhood of Locomotive Engineers Coöperative National Bank of Cleveland had joined with the National City Company in a public offering of $3,000,000 International Great Northern Railway Company 6% first mortgage bonds. Never before has a Labor bank gone directly into the investment banking field. Moreover, it was regarded as significant that the first appearance of the Brotherhood. Bank should be made jointly with the National City Company, the investment subsidiary of the largest bank in this country. The Labor bank...
...Brotherhood bank, in addition to receiving subscriptions from investors in the usual way, circularized the members of the union, in an especial effort to "put away" its share of the bonds...
Twenty minutes from the St. Lazare Station is the Parisian suburb of Colombes. There, France has erected a stadium seating 30,000, and a vast playing field for the 1924 Olympics. Within the ground will be a bank, barbershop, postoffice, cafes, bars and many other trappings of civilization. It was semi-officially opened last week by a rugby match wherein Wales defeated France 10 to 6. Because it rained and because most of the French team were from southern France, the Frenchmen suffered a chill, so they said...