Word: chathams
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Dates: during 1920-1929
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Editor of The Churchman and last week's Hays-baiter is Guy Emery Shipler who on weekdays tends to the publication of his magazine, on Sundays preaches to the congregation of St. Paul's Episcopal Church, Chatham, N. J. of which he is rector. Editor Shipler, native of Warsaw, N. Y., studied at Hobart College from 1902 to 1905, then turned to reporting for the Boston Traveler. He went to The Churchman in 1917, became its editor five years ago. Other Shipler crusades have been: Attacks on censorship of any sort; pleas for the liberation of Mooney & Billings, California...
...Giannini resources with Blair & Co. personnel. When, last month (TIME, June 3), Banker Giannini announced that his 60th birthday (1870-1930) would mark his retirement, evident became Elisha Walker's position as Heir Apparent. Thus last week's amalgamation of Bank of America, N. A., with Chatham and Phenix National Bank and Trust Co. might well have been regarded as First Result of Blair & Co. influence in Giannini projects...
Potent was the bank of America-Chatham-Phenix consolidation. It created Fourth Largest Manhattan Bank (after National City, Guaranty Trust, Chase-National Park). Combined capital of the two banks is $38,500,000; combined surplus and undivided profits are $53,082,662 ; combined total resources...
...Streets site, though its present building was erected in 1926. Amadeo Peter Giannini acquired control (from Ralph Jonas and Associates in Financial & Industrial Securities Corp.) in 1928, added to it two smaller Giannini banks and the N. A. (National Association) portion of its name. The Phenix Bank merged with Chatham National (founded 1850) in 1911, added other banks...
...merged Bank of America and Chatham-Phenix institution will be presided over by President Louis G. Kaufman of Chatham-Phenix. Amadeo Peter Giannini will probably become Board Chairman. Elisha Walker will head the investment affiliate. It is expected that two Brooklyn banks-Traders' National and Nassau National will soon join the Bank of America family. Because news of the merger leaked out prematurely, and because merged banks are hard to christen, no name for the new institution had been chosen last week...