New-York tribune., 1902-07-03
NEW INTERESTS IN BANK.
w. L. MOYER SUCCEEDS J. NJ. CRANE AS
PRESIDENT OF NATIONAL SHOE
AND LEATHER
AND LEATHER.

Following the recent offer to the stockholders OF
the National Shoe and Leather Bank for the pur-
chase by certain undseosed interests of the whole
of 81 per cent of their respective holdings, and
presumably indicating the acceptance of the offer
10 extent sufficient pass control reorgan-
izaton Of the executive staff Of the institution was
announced yesterday. involving also changes in the
list Of officers of the Western National Bank. The
changes at the Shoe and Leather Bank indi-
| Gated in the following statement. issued by Vice
President Hiltner:
l. Meyer has resigned his position as vice vice
the position of president of the Nationa! Shoe and
Leather Bank Of New-York City. Previous to his
gong TO the Western National ne was associated
Nth the late Ma Marcus @ Bay as mhagg dT9r at m
Butte Mont For nine years from lSSo 10 13gs N; ne
was assistant CASHIER and Srector IN the AMER
Mover is forty.ive years Of age has been in the the
sdered strong energetic and conservative banker.
John NJ Crane has resigned The PRESIDENCY OF n the
elected first vice-president OF the said bank and
ton ths adopied n the fooWing mnae
. In accepting with regret the resignation OF
appreciation Of his faithful services to the bank
for half & cMentury M since May @ bS %Hen T
through many vicisstudes. but in every position
TO sketch his career would be to write the history
Sena iaf end S the
servator of their interests: to the directors wise
kindly officer I who while protecting the interests
0 f 9ank has b6af besP OF R I'M
irmities with the deepest sympathy and regret,
and hopes that relief from and direct re-
sponsbflity in his position first vice-presi-
dent may bring about complete restoration to
health Meanwhile il must be matter of great
pride to him that he lays down his office at a time
when the bank is doing the largest business in It's
history, and that he has taken active part in
bringing TO its support such additional large in
terests and such access of capital and business
the Shoe and Leather Bank enduring monument
10 his probitv and industry and fidelity"
Mr.. Crane has been connected with the National
Shoe and Leather Bank since May l. 1853, nearly
fifty years ago and ii has been source of great
regret TO his friends and the friends of the bank
that during the last two years his health has been
seriously impaired that he has not been able TO
give very close attention to or to be in regular at
tendance at the bank.
Mr. Cole, the cashier, has resigned: with this
ceptfon all the directors and all of the officers
their hearty and undivided support. 1t is under
stood that an interest IN the bank has been ac
qured by some people who will be useful in
bringing business to it. It is officially stated that
the Western National Bank is not interested in
the deal.
Henry A. Smith, cashier of the Western National
Bank has been elected vice president in place Of
Mr.. Meyer and Charles L. Robinson, assistant
cashier. has been advanced the post of cashier,
in place of Mr. Smith
1t is understood that several changes will soon
be made in the board of directors of the National
Shoe and Leather Bank AMI that the capital now
81 900 00o, and the surplus CT about s250000 TO
be increased.