Word: centralized
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Dates: during 1920-1929
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...Eastview off the map of New York, by outright purchase of that once flourishing Colonial hamlet on the outskirts of Tarrytown. Mr. Rockefeller paid more than $700,000 for the privilege of ousting 46 families, so that the new main line of the Putnam division of the New York Central R.R. may run along what was once Eastview's main street, instead of through the Rockefeller estate, "Pocantico Hills." At the same time he rid his vicinity of a mushroom congerie of dance halls, picnic groves, gas stations. The village, including houses built when Peter Stuyvesant peg-legged...
...Central...
...Central figures in the merger are Amadeo Peter Giannini (who last year secured control of Bank of America and made his brother Attilio Giannini chairman of its board) and Elisha Walker, leader of Blair & Co. With the acquisition of Blair & Co., Mr. Giannini has given his Bank of America a potent investment banking organization that will secure him an entrance into many an investment syndicate that Bancamerica does not reach. Sensational has been Blair & Co.'s success in recent years, its oil operations having culminated in the organization of the recently formed Petroleum Corp., $100,000,000 oil investment...
Another example of two birds of different banking feather flocking together was furnished by last week's merging of Central Union Trust and Hanover National. Central Union handles more than a billion dollars in its' personal trust department, aside from its corporate trusts. Hanover National has been known as a "bankers' bank," being depository and correspondent for many an out-of-town institution. President of the merged institution (which will probably be called Central-Hanover) will be George Willets Davison,† Central Union president. Chairman of the Board will be William Woodward, Hanover president. Central-Hanover will...
...Center, Long Island, in 1872, graduated from Wesleyan (Phi' Beta Kappa) in 1892, received New York University LL. B. in 1894. In 1899 he was Queens County District Attorney; in 1900 served as secretary of a committee formed to revise the charter of Greater New York. He became Central Union's vice president at the time of the 1918 merger and in 1919 succeeded to the presidency upon the death of James N. Wallace...