Word: elisha
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Resigned. Amadeo Peter Giannini, founder of Bank of Italy; from the presidency and chairmanship of Transamerica Corp. Elisha Walker will succeed him as chairman; his son, Lawrence Mario Giannini, as president...
Captain MacMillan has accomplished much in the Arctic: he found the caplining of Elisha Kent Kane, left at his "Farthest point north", in 1853; and he discovered the record of the British expedition of 1875 written by Captain Nares and left at Cape Sabine. He is the first to have reached Finlay Land, and the Northern, Eastern, and Southern sides of North Cornwall, as well as the first to have traveled along the Eastern shore of Ellesmere land from Cape Sabine to Clarence Head...
When, last March, Elisha Walker's Blair & Co. merged with Amadeo Peter Giannini's Bank of America, N. A. (TIME, April 1), the union was generally interpreted as a combination of 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...
...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...
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...