Word: trusts
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Dates: during 1920-1929
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When emotional religion is carried to so great an extent, it Borders dangerously upon the fanatical. Manifestations of Providence can too easily be misinterpreted in the light of human pleasure to be at all times a trust-worthy guide. To a college student, moreover, whose experiences are more or less apt to be limited, the camouflaged nature of the revival meetings present an attractive outlook; when, however, all his thoughts become interpretations of divine will, his mind can scarcely be receptive to the more tangible facts of education...
Manufacturers' Trust was formed in 1905 as Citizens' Trust Co. of Brooklyn (capital $500,000). Under the leadership of Founder Nathan S. Jonas, and with the assistance of his brother, Ralph Jonas, head of Financial and Securities Industrial Corp., the bank's expansion was rapid. Many a small bank was acquired by the Financial Corp., then transferred to the family bank. After the acquisition of the Manufacturers' National Bank, Citizens' Trust became (1916) Manufacturers' Trust...
Early in 1928, Manufacturers' Trust, which had gained control of the 116-year-old Bank of America, sold control to the A. P. Giannini interests, giving A. P. Giannini a Wall Street foothold. On Oct. 1, 1928, Manufacturers' Trust had resources of $356,000,000; deposits...
...Manufacturers' Trust merger was announced the day following the Bank of the Manhattan Co. International Acceptance merger...
When, in April of 1927 (TIME, April 11, 1927), the Adair Realty & Trust Co. of Atlanta went into bankruptcy for $38,000,000, great was the shock to Atlantans, to Georgians, to Southerners. It was an Adair who was the conductor of the first railroad train that ever entered Atlanta (1845). It was an Adair who was prominent in the rebuilding of Atlanta after Union troops burned the city during the Civil War. Forrest Adair Sr., present head of Adair family, is a Past Illustrious...