The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1902-01-17
BANKS ELECT
DIRECTORS
A. Il. Vernam, Pres, First Ma.
tiOnaI, R. II. KisseI. Yice-Pres.

Many Millions Brains, Ability and
Influence Represented in Manage
ment of Town Banks - New Direc-
/ tors Present Local Banking Capital
/ 5000, 900 January lst Deposits Ag-
/. gregated $S,ol5, 900 Surplus and
4 Undivided Profits ST. .o75 900 All
/ in FIourishing Condition.
This is the season when the. banks,
trust companies and most financial
institutions elect their directors and
managers. The list of officers of our
various banking institutions given
below is a very striking one. In no
town of its size in all the world is
so much wealth represented by bank
ing directors as in Morristown. And
not only so but the greater proper
tion of these men have made their
money themselves by their energy and
ability. Banks managed by such
men are worthy Of the confidence of
the public and are fitting subjects
for local pride
THE NATIONAL IRON BANK.
This is the Oldest bank in Morris
County and the former board was re-
elected on Tuesday ais follows H g.
Pitney, R. D. Foote, Philander B.
Pierson, B. T. Stickle, @. ID. Smith,
j. B. Vreeland, Fl. W. Miller, M. B.
Strait, r. B. McEwan.
At a subsequent meeting of the di-
rectors the old officers were reelected
namely: Il. @. Pitney, President;
Robert d. Foote, vice president;
Philander B. Pierson, second vice.
president; Lewis D. Kay, cashier.
FIRST NATIONAL BANK.
This bank organized in 1867
has made some changes in its direct
ors and officers, owing to the death
of the Late Theodore Little, who had
been it's president from the beginning
until the time Of his death. The new
members of the directorate are Fl.
Ward Ford, Robert Fl. McCnrdy and
George B. Wilson. The last is
resident of Philadelphia and has large
financial interests in that city, also
in New York. The other directors
are. Phanett @, Barker, William ".
Cook, Melvin S. Condit, Charles wv.
Ennis, Theo. f. King, Rudolph Fl.
Kissel, Guy Minton. Frank Turnbull,
Joseph H. VanDoren, Albert H.
Vernam.
Mr.. Vernam, the newly elected presi-
dent, has been a prominent resident
of Morristown for number of years.
He has been engaged in the banking
and brokerage business in New York
for 3S years gand is member Of the
New York EStock Exchange, he has
been the head of the we'll known
banking house of Albert H. vernam &
Co. for long time Mr.. Vernam is
man who has long had the reputation
Of being conservative as we'll as enter
prising, Aand extended experience has
made him thoroughly familiar with
every department of banking. Ru-
dolph H. Kissel is also man of wide
experience in banking His home is
in Morristown.
THE MORRISTOWN TRUST 90.
This institution, while one of the
youngest trust companies in the state,
has met with phenomenal success.
Louis A. Thebaud and Thomas W.
Cauldwell were elected on Tuesday to
take the places made vacant by the
deaths of General Sewell and Paul
Revere Both of these gentlemen are
we'll known in Morristown and will
make valuable addition to the di-
reetorate The other members are !:
Charles f. Cutler, Willard W. Cutler,
Frederic Cromwell, Samuel Freeman,
Patrick Farrelly, Aurelius b. Hull,
Gustav E. Kissel, Luther Konntz,
Richard A. McCurdy, H. NICK.
| Twombly, James A. Webb, G. G.
Frelinghuysen. Walter G. Oakman,
d. Willis James, George G. Haven,
Henry f. Taylor, William B. Skid
more, 0. H. Kahn, The new Board
will meet for organization tomorrow.
MORRIS COUNTY WINGS BANK
The managers Of the Morris County
Savings Bank are not elected annual
ly. The vacancy in the Board caused
by the death of Paul Revere has been
filled by the election of Frederick Fl.
Beach, one of the most prominent and
influential residents of Dover, and
who has an extensive law practice in
this city
Its officers and managers are H. W.
Miller, president; Aurelius B, Hull,
vice president; H. T. Hull, secretary
and treasurer; H. W. Miller, H. @.
Pitney, A. B. Hull, p H. Hoffman,
Guy Minton, Eugene s. Burke, Phil
ander B. Pierson, Francis S. Hoyt,
Fred. H. Beach.
New State GeoIogist KummeI.
y, ~ u -.