New York Trust Company
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New York Trust Company was a large trust and wholesale-banking business that specialized in servicing large industrial accounts. It merged with the Chemical Corn Exchange Bank and eventually the merged entity became Chemical Bank.[1]
[edit] History
In 1921 the United States Supreme Court heard arguments in New York Trust Co. v. Eisner. In 1959 it merged with the Chemical Corn Exchange Bank.[1][2]
[edit] Personnel
- James G. Blaine was Vice President of the New York Trust Company and became President of the Fidelity Trust Company in 1926.[3]
- Joseph A. Bower, Vice President of the New York Trust Company.[4]
[edit] References
- ^ a b Helm at the Helm, Time magazine, June 15, 1959, retrieved 2012-08-12, "Banker Harold Holmes Helm, 58, expansion-minded chairman of Manhattan's Chemical Corn Exchange Bank, long had his "loving eye" on the New York Trust Co. ... Last week Helm proposed a merger, swapping 1¾ shares of Chemical Corn stock for one share of New ..."
- ^ "Chemical Corn Exchange Bank And New York Trust Set Merger". New York Times. June 3, 1959. Retrieved 2012-08-12. "A proposal to merge the New York Trust Company and the Chemical Corn Exchange Bank has been approved by directors of both institutions, it was announced last night."
- ^ "James G. Blaine To Move. Will Leave New York Trust to Become President of Fidelity Trust". New York Times. DEcember 7, 1926. Retrieved 2012-08-12. "James G. Blaine, Vice President of the New York Trust Company, will become President of the Fidelity Trust Company next month, it was announced yesterday. ..."
- ^ "Kidnaps Little Girl In Montclair After Killing Auto Driver". New York Times. September 5, 1925. Retrieved 2012-08-12. "Mary Daly, 6 years old, daughter of a well-to-do resident of Montclair, N.J., was kidnapped at 1 o'clock yesterday afternoon in front of the Montclair home of Joseph A. Bower, Vice President of the New York Trust Company."