St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-06
A MODEL SAVINGS BANK.
That of St. PauI--An Interesting
Directive Group.

The Savings Bank of st. Paul is an
institution resulting from the CONSOLE
datiOn of various lesser banking con-
Germs. 1t began its existence with the
hOnored name of Gen. II. ii. Sibley at
its head as president. 1t has never
lowered the standard of excellence
raised by its first president. The bank
not only does the general banking bust
ness of a savings bank. but is agent for
several European steamship lines.
Hon. John 5. Prince is the present
president. He entered tie service of
the bank as its cashier when it was first
established, but has been president for
fifteen years. Mr.. Prince is one of the
Minnesota pioneers. He first came to
st. Paul in the early fifties as an agent
of the American fur company, and has
remained a St. Paul man, heart and
soul, ever since. Mr.. Prince was one of
the incorporates Of the St. Paul Fire
and Marine Insurance company and
of the St. Paul q Sioux City
railroad. His name will 90 down
to posterity as one of the
members of the constitutional cOnven-
ton of Minnesota. A firm and ardent
Democrat in politics, Mr.. Prince has
held numerous offices under the munich
pal government. He has been preSi-
dent of the assessment commission and
of the board of public works and has
been on numerous special committees
for receiving noted visitors, for arrang
ing public displays of various kinds,
and has always acquitted himself credit
ably. lie was mayor OF st. Paul for
six years, and is still interested in all
that pertains to the best interests Of the
city.
Thomas A. Prendergast, the vice
president. is better known as the swift
est, most correct and Obliging city clerk
in fOTty-four states, rather than as an
Official of one of our Soundest financial
institutions. Mr.. Prendergast was ed
ucated in st. Paul. and after leaving
school entered the service of Mr..
Prince in an humble capacity. His
natural ability soon marked him
as a valuable emplOye, and in conse-
quence he was rapidly promoted. In
every position he was called upon to ill
he proved himself worthy of all trust
and confidence, and able to cope with
any and all questions that might arise.
Though Mr.. Prendergast might have
aspired to a very high position in the
banking world. it was q great piece Of
good fortune for the city when he was
induced, on the retirement of Capt. NJ.
j. OCOnnOr, to accept the Office
of city clerk many years ago. He has
grown up in this important position as
the city has progressed, until to-day he
has at instant command a store of
knowledge and information regarding
city affairs which proves invaluable not
only to himself, but to every citizen and
official who may consult him. With
Tom PrendergaSt the humbleSt man in
our city is of as much Importance as the
greatest when it comes to accommodation
and that is one of his strongest points.
The genial city clerk shines brightest,
however. as the master of ceremonies in
the assembly and council, which would
often be compelled to sit from dark to
daylight were it not for his inimitable
knack of expediting matters. Mr..
PrendergaSt is one of the busiest men
IN the city, being interested in many in
situations of different kinds. in all of
which his advice is listened to with re-
speet and attention.
john Caulfield is the always-smiling
and able secretary of the water board,
which position he has held for SO long
that the water board with him left out
would seem like a strange Institution to
the ratepayers. Mr.. Caulfield is one of
the directors of the Savings bank, and
takes great interest in its welfare and