St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-06
BANK OF MINNESOTA,
A Directorate Embracing Typical
Mercantile and Professional
Men.

Men.
The Bank Of Minnesota, which stands
as a model for state banks, and which
sets worthy example in its building as
in its business, is the outgrowth of
small private concern of the early days,
in which William Dawson and Rob-
ert A. Smith were the moving spirits.
From the small house on Third street
the business grew to the proportions of
the stone palace on Sixth and Jackson.
and to-day the Bank of Minnesota re-
jOices in a business not only as large as
its directors care to make il. but a model
of its class. Its directorate is thor
oughly representative, as its business is
widespread and diversified. Nearly
every mercantile and professional class
is represented on its board. which works,
so bank officials say, like piece of har-
moni0us machinery, A glance at some
of the leading members Will verify this.
Take Cashier William Dawson Jr. for
example. Young in years he is old in
business, and there is no detail of the
complicated enginery of bank that he
has not at his fingers ends. He Occu-
pied successfully every position of trust
and responsibility in the bank. and
stepped into the important post of cash
Ter thoroughly equipped 1ol its trying
demands. Beyond the bank, he has en-
gagged in several ventures, sits in more
than one board of directors, and has
the reputation of making successful
whatever he undertakes. His pleasant
personality has much to do with his
success. He has wonderful memory
for men and faces and pleasant bust
ness-like way of greeting that makes
pleasing impression. Mr.. Dawson is
rising man, and will take his place in
the galaxy OF st. PauPs leading clti-
Zens.
Hon. William Dawson, the head of
the Bank of Minnesota, aud to whose
wise management its eminent success
is in large measure due, has been as
cOnspicuOusly identified with the pOlit-
ical history of St. Paul as with its conf
mercial and material welfare. He was
born in County Cayan, Ireland, in 1925,
and received the admirable education
for which the schools of Ireland are
famous. He was intended for a civil
engineer, but upon the completion of
his education he found no field i'll Ire
land end came to America. The town
of Cavan, in Canada. was his first OBJ
jective point, and, after short career
in store, he secured place as teach
er, in which occupation he continued
until 1919, when he determined TO go
South. Finally he reached Laurel Hill,
La, where he taught for three years,
laying up enough money to open small
general store. The business proSpered
and Mr.. Dawson built up a reputation
for honor and ability that spread be-
yond his immediate neighborhOod. Sew
eral tempting offers were made him to
form cOpartneTShipS promising large
profits, but involving the handling of
slaves: but he did not believe in the
latter, and Shrewdly fOresaw that the
days Of slavery were nearing an end.
Twice between 1857 and 1859, seeing
that the South was doomed, he came to
the Northwest Oh observation tours,
and the second time bought property in
st. Paul, and determind to make it his
future home. In 1861 he disposed of
his Southern holdings, removed to st.
Paul, and began the private banking
business of which the Minnesota bank
is the outgrowth. His administration
of his own affairs was DO less successful
than of his bank, and he prOSpered until
to-day he stands near the head of the list
OF St. Paul'S wealthy men. From 1865 to
1868, and from 1915 to 1873 he repre-
scented his ward in council, and from
1878 to 1881 he was the mayor of ST.
Paul. He held various other important
offices of trust and only retired from
public service when his vast interests
could no longer spare his attention. In
his personal characteristics, Mr.. Daw-
son is affable and courteous, decided
but agreeable. He had the precious
faculty of being able to say "no." In
public esteem no man stands higher
l.. 70 fhnr 1c ant n
single stain.
Arnold Kalman, one of the wealthy
Young men of st. Paul. enjoys the dis
tinction of having made every cent of
his wealth himself. He brought to st.
Paul nothing but his own indomitable
energy and ambition, with which he
carved out a handsome fortune. The
Kansas City railroad, the South st. Paul
stockyards, the Metropolitan opera
house and the Pioneer Press building
are notable examples of his enterprise
and advanced ideas. There has been
no forward movement of St.Paul for the
past ten years in which he has not had
a leading hand. While others have
been wondering and some few planning,
lie has been executing. Mr.. Kalman is
in his own person, very atfable, genial
gentleman, of ready address, easily ap-
proachable and yet thoroughly business
in everything.
Emerson w. Peet, known as one of
the ablest financierS of st. Paul and the
Northwest, is another prominent MEM
Der of the board. He is director and
resident manager of the New York
Mutual Insurance company, holds high
and honorable positions in other mer-
camille concerns, and is recognized
authority on all matters pertaining to
finance. Socially and personally he IS a
typical New England gentleman, with
Northwestern push and progreSSiveness.
He has been in st. Paul long enough to
have become entirely embued with ST.
Paul ideas and identified with st. Paul
enterprise. In years he has reached
that time when a man feels he has
earned rest, and no man can more thor
onghly enjoy life, after business cares,
than he. A bland, polished gentleman,
of literary inclination, he is an acqui-.
sition to both the business and social
circles of st. Paul.
Emil Manufacturer is one of the trinity
of the great dry goods house of Mann
heimer Bros, known over the North
west wherever a lady lives well and
dresses elegantly. He has lived so long
in st. Paul that his prosperity and
steady advance to affluence are parts of
the history of the city. Besides the eff
feet of his example on the mercantile
interests. Mr.. Manufacturer has contrib
uted to the city's welfare in many ways,
and notably through his love of art, his
collections of paintings having fire.
duently and generously been given to
advance the public love of the beautiful.
Mr.. Mannheimer came to st. Paul with
little but his enterprise and determine
ton to succeed. Ee forced success to
attend him and whatever he touched.
Besides his immense dry goods business
he is interested in various other con-
Germs. and has considerable holdings in
real estate.
Thomas Grace is another evidence of
the fact that fortune waits on those who
seek her. More years ago than the aver
age man lives to see, Mr.. Grace came to
ST Paul poor Irish boy: today he is
retired from active business with a COM
petence. He had the energy to make
and the industry to retain money. and
when the opportunity offered. he de-