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5 ' r I IRVING NATIONAL BANK ft "Chairman of the Board LEWIS E. PIERSON Vice-Chairmen ALEXANDER GILBERT FREDERIC G. LEE ROLLIN P. GRANT JOHN H. LOVE President HARRY E. WARD Growth of American Business THE. SUN , AND NEW YORK HERALD, MONDAY, APRIL 1, 1820. Matchmq the ' : r IXTY-NINE YEARS AGO a group of merchants on the west side oflower New York organized a commercial bank and presented it to the business neighborhood in which they operated. The Irving of then, with its resources of $300,000, was a modest institution, built upon the simple lines of the time, democratic, independent, based upon a definite intention of service. This morning the same institution, now with resources of nearly $300,000,000, again presents itself to the business world, still democratic, still inde pendent, still with a mission of service, still retaining intimate and friendly contact with its customers, still expressing the spirit of the times. But times have changed. The commercial spirit ofNew York and America today differs greatly from that of the days when those west-side merchants firt recognized the need of a bank for their neighborhood. Then the service of the institution meant only a small section oflower New York, now it means, the world. The Irving of 1 85 1 could mark the limits of its activities within a few blocks of the establishment in which its operations were housed. The Irving of 1 9 2 o, through its long arms of service, reaches our, to every corner of the earth into which the currents of commerce flow. The Irving of that day possessed only the facilities required by the needs of a simple neighborhood business. The Irving of today includes within its equipment every detail of a highly specialized and world-wide banking service. But the strength of this bank as it stands today has other roots than the single purpose of its founders. Its development was paralleled by the development of ten other banking institutions similarly founded, similarly inspired, working along similar lines until, with the constant expansion of their activities, a union of forces became the obvious thing. In this way and at different times the New York National Exchange Bank, the Mercantile National Bank, the National Nassau Bank, and now finally the Irving Trust Company have joined the Irving National the more effectively to carry out their common purpose. For over twelveyearsa close working arrangementhas existed between the twolrvings the Bank and the Trust Company. One has developed along the lines prescribed for national banks. The other, with wider powers under the state law, developed in addition personal and corporate trust functions, and added to its operations through successive mergers the Flatbush Trust Company, the Aetna National Bank, the C ommercial National Bank of Long Island City, the Market and Fulton National Bank, the Sherman National Bank and the National City Bank of Brooklyn, each of these retaining its own organiza tion and location for district office operations. And now the years of planning and effort bring the Trust Company into the enlarged institution of today, which, under present Federal law, is able to exercise for the greater benefit of its customers all of the former facilities of both bank and trust company. Thus the Irving's development as a clearing house of commerce is further advanced. During this period of nearly three-quarters of a century, development within the finan cial institutions which constitute the new Irving has fully kept pace with the development of the business they have served. Step by stepside by side business and banking growth in the one paralleled by corresponding growth in the other until now commerce, world size and complex as it has become, finds itself supplemented and served at every point at home and abroad by the banking facilities which business judgment has provided. fc.-.. IRVING ' : NATIONAL BANK rWoolworth Ttuildin itfT-' New York- ,f: i - ft if; :' JSC'S ?- - ( , ' dfji-f 1:- M.M B ELDING EUGENE S. BENJAMIN WILLIAM C BR EED F. A. M. BURRLLL EVERSLEY CHILDS WILLIAM CHILDS JAMES CLARKE WARREN CRUIKSHANK WILLIAM K. DICK JOHN H. FLAGLER AUSTIN B. FLETCHER EMANUEL GERU ALEXANDER GILBERT Nra York City Division WILUS G. NASH . Vice-President BENJAMIN F.WERNER Vice-President EMIL KLEIN Vice-President WILLIAM T.CONRAD Vloe-Praidrat JOHN WILLIAMS Vice-President GEORGE F.GENTES Vice-President GEORGE W. BERRY WILMER P. HARRIMAN Assistant Vice-Presidema WILLIAM GRAFE ROBERT L. SMITH C E. Da FRESNE Assistant Cashiers Ost-of-Tomt Dimsitm J. A. LEWIS Vice-President WM.ROBT. WILSON Vice-President RICHARD J. FAUST, Jr. Vice-President KELLET GRAHAM Vice-President M.H. CAHTLL Assistant Cashisr Trust Division HERMAN W. WILLIS Assistant Trust Officer Directors ROLLIN P. GRANT J. AMORY HASKELL HAROLD A. HATCH THOMAS B. KENT LEEKOHNS FREDERIC G, LEE JOHNH LOVE ADAM K. LUKE JOHN G.LUKE GEORGE C MEYER ARTHUR W.MILBURN SIDNEY Z. MITCHELL , DANIEL P. MORSB CHARLES E PERKINS WOOLWORTH OFFICE Ferefpi Division JAMES HECKS CHER "Vice-President H A. MATHEWS .Vice-President A. E. VAN DOREN Vice-President WILLIAM N. ENSTROM Vice-President GEORGE D. GRAVES Vice-President G.N.JACOBS Manager CLIFFORD 0. CORWIN Assistant Cashier NORTHROP HOLBROpK Assistant Cashier R.W.KUEBL J.CBRADSHAW GEORGE HELFERICH F.HARTMAN ALFRED BENJAMIN Assistant Managers Fcrtipt RtprtstrJatitti JOHN H. NEEDHAM London, England JEANVELAY Paris France A.ELINDHJEM Copenhagen, Denmark Audlihtx Division CLAUDE V. ALLNDTT Auditor LEWIS E. PIERSON . JOHN J. PULLEYN HARRY H. RAYMOND 'j. L REISS J. H. SCHOONMAKER WILLIAM SKINNER WILLIAM A. TILDEN GUSTAV VINTSCHGER HARRY E. WARD HENRY M. WELLS THEO.F.WHITMARSH DANIEL W.WHITMORE HARRY M. WILLIAMS Operating Ditbht J.F.BOUKER Vice-President CLARENCE C HOWARD Vice-President EUGENE D. JUNIOR Vke-President PHILIP F.GRAY . Cashier WILLIAM R. WILSON SAMUEL RED FERN NEWTON D.ALLING WILLIAM H. PANGBURN PERCY W.HULSE HORACE A. MARSLAND FRED'K J. GRIESMER JOHN EGOLF Assistant Cashtea StacrisUs Division HOWARD S. MOTT Vice-President P.H.CLARKS0H Vice-President HAYWARD S, KTRBT DOUGLAS T. JOHNSTON Aisktantfashitra Divisions v ' G. A. O'REILLY Vice-President DANIEL V. CASEY Adrertmng Manager R.M.FALKENAU For. Tr. Rcprescntailfu ) . 1 MARKET AND FULTON OFFICE, 81-83 Fulton Street, NEW YORK WM.M.ROSENDALE ' ALBERT D. BERRY WILLIAM H. MILLIKEN Vice-President Assistant Cashier Assistant Cuhkr ALEXANDER GILBERT AARON J. BACH P. A. M. BURRELL JOHN J. CARLE W.IRVING CLARK AvriSOK? BOARD WM.CDEMOREST AUSTIN B. FLETCHER WM. B, FRANKLIN ROLLIN P. GRANT FRANK C JENNINGS THOMAS B. KENT; FREDERIC GL LEX JOHNH. LOVE CHAS.F. NOTES LEOPOLD STERN ALEXANDER J. WRAY SHERMAN OFFICE, Fifth Avenue and 32nd Street, NEW YORK MAXRADT CHARLES W.HODSON WILLIAM L. CLOW Vicc-Presideot Assistant Cashier Assistant Cashfar M. NL B ELDING JOSEPH KAUFMAN WILLIAM M. KENNARD FREDERIC G.LEE ADVISORY" BOARD JOHNH. LOVE ADAM K. LUKE HENRY C MARTIN MAXRADT CHARLES D. PARKS WILLIAM SKINNER C. W. WALWORTH HARRY E.WARD EIGHTH STREET OFFICE, Broadway and Eighth Street. NEW YORK LOUIS S.QUIMBY Yicc-rrcjiucut O.J.AHLSTROM hL hL BELDING EUGENE S. BENJAMIN JOSEPH-FRANK I I. HOPKINS Assistant Cashier ADFISORT BOARD WILLIAM GOLDMAN H.A.GUINZBURG A. HOWARD HOPPING FRANK De K.HUYLER WILLIAM FEICK Assistant Cuhkr FREDERIC GLEE JOHNH. LOVE J. L. REISS HARRY E. WARD AETNA OFFICE, 92 West Broadway, NEW YORK WILLIAM GAMBLE, Vice-President ARTHUR P. SMITH, Assistant Casliar. ADVISORY BOARb HARRY BALFE WALTER R. COMFORT HENRY DUNKAK HERMAN ELFERS WILLIAM GAMBLE ROLLIN P. GRANT HORACE B. HANSON FRANK A.HORNE CARL W.KIMBALL LEEKOHNS FREDERIC G, LEE DANIEL P. MORSE R. A. POWERS E. J. VINTSCHGER THEO. F. WHITMAR5H THOMAS J, WOOD BROOKLYN OFFICE, 350 Fulton Street, BROOKLYN HENRY M. WELLS D. IRVING MEAD RALPHiR. WARDELL JOHN STEWART Vke-President Vice-President Assataat Cashier AsststaatGttUar EUGENE F.BARNES JACOB BRENNER F.A.M BUR?XL PHHJPH.GILL.Jr. SEYMOUR L HUSTED, Jr. ADVISORY BOARD FREDERIC G.LEE JOHNH. LOVE D. IRVING MEAD. LEWIS E. PIERSON WALTER W. SPADON1 HENRY M. WELLS WALTER F.WELLS LUTHER M. WERNER C T.YOUNG, Jr. FLATBUSH OFFICE, 839 Flatbush Avenue, BROOKLYN ALEXANDER C SNYDER FRANKLIN SCHENCK LEONARD F. MAYR, . Vkt-Preaident Assstant Cashier . Aasktaat Csshhsr F. A. M. BURRELL ISAAC E. CHAPMAN WARREN CRUIKSHANK ADVISORY BOARD WALTER M. GLADDING WILLIAM O. JONES FREDERIC G.LEE HENRY D.LOTT LEWIS E.PIER3CK A. W. SCHMIDT ALEX. C SNYDER NEW UTRECHT OFFICE, New Utrecht Ave. and 54th fit, BROOKLYN J. W. WALLER, Maatfer ARNOLD REINCKEN, Assktaat Maaagv LONG ISLAND CITY OFFICE, Bridge Plaza, LONG ISLAND CITY EDWARD E MeMAHON, Jr, Manager THEODORE W. EGLY, Assistant Manager. '( -It ill I 1 if lllll 111 J i