Word: trusts
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Dates: during 1920-1929
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Yesterday afternoon at the hearing of the Beck Hall Trust before the Board of Appeals, E. S. Emery '87, Assistant Comptroller of the University, field a formal objection to the erection of the projected ten story apartment building planned by the Trust. This opposition from Harvard puts an entirely new aspect upon the proposed improvement of the Beck Hall property...
Tucked away in the alphabetical list of directors in agate type was the name, John D. Rockefeller III. Ignorant of one of the pet Rockefeller philanthropies, a superficial observer might wonder why a Rockefeller, a Herbert Lee Pratt (Standard Oil), a Henry Elliott Cooper (Equitable Trust Co.). should be interested in a comparatively puny bank whose capital was announced as $500,000, whose declared purpose was to serve Harlem's Negroes...
President of the Dunbar National Bank is Joseph D. Higgins, 36 years a banker, onetime (1914-23) Federal Reservist, former vice president of the American Exchange-Irving Trust Co. There is one Negro on the directorate. He is Harvard-graduated Roscoe Conkling Bruce, son of the late Roscoe Conkling Bruce, onetime U. S. Senator from Louisiana...
Steel. Neat ingot after neat ingot will have come out of the U. S. steel mills. 48,000,000 times before the year has ended, predicted J. R. Nutt, president of the Union Trust Company of Cleveland, last week, in Trade Winds, his bank's magazine. Automobiles, building and railroad equipment and petroleum industry doings will cause the mills to produce 1,000,000 more ingots than were pressed in 1926, the record year...
Mergers. Memorable was the formation of the Continental Illinois Bank & Trust Co. in Chicago by the Continental National Bank & Trust Co. and the Illinois Merchants Trust Co. (see p. 38); the Commercial Investment Trust Corps' purchase of Peierls, Buhler & Co. (see p. 43), and the consolidation of two rough rolled glass makers-Highland Glass Co. at Washington, Pa., and the Western Glass Co. at Streator, Ill., Shirley, Ind., and Fullerton, Calif.-as the Highland-Western Glass Co., with $5,000,000 capital. The men who control both the United Light and Power Co. and the American Light and Traction...