The herald., 1895-02-02
MONEY STOCKS AND BONDS.
State Loan and Trnst Com
pany Reorganized.
H. j. WoellacOtt Elected President
OF the Institution.
Closing Prices of the leading stocks
and Bonds -Foreign and DO.
nestle Exchange.

Los ANGELES Feb. l.
The annual meeting of the stockholders of
the State Loan aud Trust com pany. resulted in
the election OF the following board of directors:
Geo. H. Bonebrske, P. NJ Grseu, B. F. Ball, W.
P. Gardiner, r. q. Howell, f. G. Howss, J. #.
Towel. B. T. Porter, H, ]. woollacott, J. W. A.
Of, Warren Gilelen. Messrs. Howell, Howes.
Porter and Gillslen are new members, Vice W..
G. Cochran, o. T. Johnson, A. a, Hubbard and
f. U. Johnsoa, retired.
The directors orgsnizsd by electing the fol-
lowing o1tcars Presidsut. H. ]. Woollacott;
first ice-preaident J. f. lowell; second vice
president, Warren Gillelen; cashier, j. W, A,
Off assistant cashier, NJ. B. Lewis
The new president, Mr. woollacott, who sue
ceeds Dr.. Cochran in the office. is considered q
very strong man for the p!aca. In the capa-
city Of Independent of ths company the past
two years, he took very active part in direct
ing the policy of the bank as is, therefore,
thoroughly familiar with its affairA and in
every way qualids d to take the management in
his own hands.
Mr.. Woollaeott has long bsen known as one
OF the most successful financiers In Los An
geles, Beginning busnegs IN a humble way.
he has in comparatively short time, through
industry and good Judgment amassed COM
ortabie fortune. His investm ents have all
been most judicious, and his advice in business
matters is as eagerly sought after as of any I'm
ancieI in the city. A president with Bnoh a
secord is snrs to prove a tower OF strength to
the bank.
In Mr.. Towel as vice-president Mr.. Woolla-
colt Will have sn able second. Mr.. Towel is
secretary OF the clearing house association and
a tinancier of recognized ability.
Mr.. Gillelen, the second vice-presldent is
president of the Broadway bank and a director
of the Los Angeles National bank. Mr.. Gille-
len, 1t will be remembered, recently became a
heavy stakeholder in the Loau and Trust COM
pany by purchasing the stock OF the Messrs.
Johnson, Potter and Cochran.
Mr.. OFF, the efficient cashier of the bauk has
bsen reelected aud will be ably assisted by Mr..
Lewis.
The directory contains the names OF num-
Der of very substa atial capitalists and citizens,
among them that veteran banker, Major Bone
brake, president of the Los Angeles National
bank; P. NJ. Green, president OF the First Ma
tional bank of Pasadena; W. z. Gardiner, ex-
superior judge, attorney and capitalist; H. H.
Howell, retired merchant aud CAPITALIST; +. U.
Howes, cashier OF the Los Angeles National
DARK ana COuueoleu WIFI Huucruuo obHcl LII
ane:al institutions; B. +. Porter, raHcher an d
capitalist, and B. F. Ball, one OF Pasadeaa's
most prom nent real estate OWN ers and capital
lists.
The deposits Of the STATE Loan and Trust
company are larger at present tn an st any pre-
vious time in its history, and its business in
every department is rapidly growing. 1t will
be the policy of the new management to con-
duct the bank on the sa me lin - that placed it
in its present prosperous condition.
CLEARING HOUSE STATEMENT.