Word: chathams
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...Washington dog licenses Nos. i and 2 were ceremoniously carried to the White House by Collector of Taxes Chatham Moore Towers, handed to the President. He put No.1 on Pat, his German shepherd. No. 2 on Weegee, his Norwegian elkhound...
Louis Graveraet Kaufman, 59, resigned as chairman of the executive committee of Manhattan's Manufacturers Trust Co. (with which his Chatham Phenix National Bank & Trust Co. was merged in February). While president of the Michigan Bankers' Association he discovered that national banks might branch with the Comptroller of the Currency's permission. He kept mum, went to New York to purchase the old Phenix Bank. After merging the Chatham Bank, he acquired several others which he operated as branches. Bets as high as $5,000 were made that he would be stopped. Permission was granted...
Much puzzled by proceedings which occurred last week in Manhattan's Hotel Chatham, small Bruce ("Jump-Bid") Culbertson and small Joyce ("Fifi") Culbertson conferred together in their bedroom. Presently, dressed in blue satin bathrobes, they rushed into the drawing room of the Culbertson apartment, amused themselves and startled a large gathering of formally dressed adults by screeching a ridiculous question: "Where's Santa Claus...
While Manufacturers was waxing fat under its new regime, another prominent Manhattan bank was growing lean. Last Jan. 3 the deposits of Chatham Phenix National Bank were $17,000,000 greater than those of Manufacturers; on Nov. 28 they were $94,000,000 less. The loss had been 31% and accompanying it were many rumors, one of which caused the bank to order the arrest of a customer's man (TIME, Sept. 7). The case was not pressed, but loose talk continued. Widely expected was a merger involving Chatham Phenix and another large bank, two or three being mentioned...
Last fortnight Banker Gibson returned from a Thanksgiving Day spent in the country and began to figure and plan. Last week his directorate and the Chatham Phenix directorate had a session, voted unanimously to merge the two banks. The deal, to be completed in February in all likelihood, will consist of an exchange of stock. The Gibsonized banks will have total resources of about $550,000,000, deposits in excess of $400,000,000, creating the seventh biggest Manhattan bank.* No name had been chosen last week but it was announced that Banker Gibson will be chairman of the board...