Word: graveraet
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...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...
...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 and president. Louis Graveraet Kaufman, president of Chatham, was to be made chairman of the executive committee. General Samuel McRoberts, Chatham chairman, will resign from active banking, remain a director...
Married. Joan Kaufman, daughter of Louis Graveraet Kaufman, President of Chatham Phenix National Bank, Manhattan; to George Drexel Biddle, son of Craig Biddle (finance), of Philadelphia; in Manhattan. Flower girls wore frocks copied from Lawrence's portrait of "Pinkie" (TIME...
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