New-York tribune., 1901-01-09
ELECTIONS IN THE BANKS.
CHANGES IN THE BOARDS
OF SOME OF THE INSTITUTIONS.

The annual meetings of the National banks and
several Of the State banks in this city were held
yesterday, ana important changes vTere made in
the boards of directors of several Of these nstttu-
tions. The recent transfer of control of the CO.
lumbia Bank Fifth-ave., and Forty-second-st., to
National City Bank interests was reflected in yes
terday's changes in the Board. James Stillman
president of the National City and Second National
banks; Jacob H Schiff William Rockefeller and
Cleveland II. Dodge being elected directors.
OF the old Board of the Ninth National Bank
only Jordan j. Rollins. a. c. Hall, y. s. w. Wander
hoef and Augustus f. Libby reelected The
new directors are Alexander Kng, vice-presideAt
of the American Thread Company, business as
sociate OF Andrew Carnegie; Warner Van Norden
president OF the National Bank of North America
Carl [. Spllker president OF the Union National
Bank OF Muncie. Ind; James B. Dill, the corpora
tion lawyer; Charles T. Root. of the Textile Pub
fishing Company. A,yah Trowbridge. the
president Of the bank Samuel Eseman, of Samuel
Eiseman Co; Guy c. Major, president Of the
American Linseed Company; William W Peabody
jr., capitalist; George F. Randolph transportation
and c Lambert, of Dexter, Lambert & Co. 1t is
understood that the changes in this Board repre-
sent the acquisition OF control OF the Ninth Ma
ional by North American Trust Company interests
More than half OF last years directors of the
Bank Of New-Amsterdan. Broadway and Thirty
nnthst.. retired from the directorate OF that in
stitutoa yesterday with the advent OF c. w. Morse
president Of the Ice Trust. Those who retired were
El!hu Root Richard A McCurdy Robert NJ Gal
laway. \. D. Juliard. s D. Babcc~k. Frederick n
Tappen. John s. Barnes, Thomas Denny. John l.
Riker. J. Edward Simmons and John s. Terry The
following directors were elected: c. W. Morse
who wields large interest in the Garfield Ma
;ional Bank: Charles T. Barney of the Produce
Exchange Trust Company: Frederick Il. Sturgis.
of Strong. Sturgis Co: r r. Moore, and II. F.
Morse. brother OF c. W. Morse. At the organ
izatlon meeting OF the directors tomorrow II is eX
pected that { w. Morse will succeed Frank Tiford
as president Mr. Tford who sold the greater
part OF his stock In the Bank of New-Amsterdam
to Mr.. Morse. remains director. Mr. Tuford last
night. when asked II there was anything particu-
larry significant in the withdrawal of so many
prominent men from the directorate OF the bank,
said;
No II simply means that the stock OF the bank
has largely changed ownership OF late The old
Board was an unusually large one"
Radical changes were effected In the Board Of
the New-York Produce Exchange Bank In addi-
ton 70 the adoption OF an amendment TO establish
branch institutions. Two directors were elected
to the Board-Charles W. Morse and y. II Alden.
There unconhrmed reports that the bank was
NEGOTIATING for the control Of the Mutual Bank, at
Thirty-th.ri-s; and Broadway.
No change was made in the directorate OF the
National City Bank but Gibson ;. Whitson. the
cashier and William A. Smonson. OF the as
sistant cashiers. were elected presidents. and
H. NJ. Kilhorn advanced from assistant cash
Ter TO the post OF cashier. The bank row has four
vice-presidents, Samuel Sloan. =. c. Loomis and
Messrs. Whlison and Smonson.
Samuel Rea, fourth vice-president OF the Penn
sylvania Railroad Company. was elected a director
OF the American Exchange National Bank sue
ceeiing General c. T, Christensen OF Brooklyn,
who has gone abroad extended visit. Otto
H Kahn, OF the banking house or Kuhn Loeb &
Co. added the Boar1 os the Western Ma
tioral Bank, and H. NJ. Alexander and John F.
Dryden who resigned directors within the last
year, were again elected.
William 3. Reed resigned cashier OF the
First National Bank 10 become president OF the
as cashier. George II Macy was elected a director
OF the Natio.al Bank OF the Republic. in the same
holders OF the New-York National Exchange Bank
elected Daniel w Whtmore. OF .. W. Whitmore
& CO.. director to succeed the late Daniel b Hal
Daniel a Davis OF Deering Milliken & Co.,
chosen director of the Bank of New-York. y. B.
a, In place OF the late President EbeneZer s.
Mason. AT the Mechanics and Traders National
Bank Eugene Gaiand. Aaron J. Bach and Aaron
Hecht were elected directors.
Alexander Mcdonald, of Cleveland succeeds Lo-
renZo Semple in the Board of the Seventh National
National Broadway Bank.
Edward King, president OF the Union Trust Com
pany. elected 10 the Board OF the Hanover
National Bark. Richard Fellows succeeded Max
Danziger director OF the National Butchers
and Drovers Bank, and w. c. Demorest was elected
At the New-York County National Bank w. Car
sof second vcepresident, and c. d Dale was chosen
cashier succeed F. NJ Breere. who retires because
Of III health Thomas ] Stevens. cashier OF the
Market and Fulton National Bank was elected a
director in place of b. H. Howell At the annual
meeting of the stockholders of the Manhattan
Trust Company James j. Hin. of st. Paul: Oliver
Board.