The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-02-28
PROVIDE PLACE FOR KEEPING
MONEY ON FAIR GROUNDS.
Large Financial Institutions of 81.
Louis Organize National bank and
SAT- Deposit Company.

To facilitate the handling of large sum
of money during the Exposition perio,
seventeen of the largest banks and trtls
companies of st. Louis have organized IN
Bankers Worlds Fair National Bank
chartered by the Federal Government an,
capitalized at $40. 900.
The specific purpose of the bank is I,
have a convenient depository for the Gov
eminent funds, the gate receipts OF tn.
Worlds Fair and the concessionaires. an,
Tor al those that wish TO deposit theil
money for safe keeping. The bank viii
cease to exist with the close of the EXPO,
sitiCn.
The stock in the bank is divided prc
rata among the seventeen banks and truSI
companies, comprising the largest financial,
institutions in ST. Louis. thar have Joined
IN orGanizing it. The institution VII b,
under the general supervision of a board
OF directors, each bank and trust com
pany being represented by one of Its off
Gers or directccs.
The directors are: R. R.. Hutchinson,
Bank. George A. Held. cashier of the In.
ternational Bank of st. Louis: n. A. Nc
MILAN MILAN vice president of the St, Louis
president of the Franklin Bank: G.. H.
Huttig. president of the Third National
sank: William II. Thompson. president OF
the National Bank of Commerce.; II.
Unicke. assistant cashier of the German
Savings Institution: Tom Randolph. pres
ident OF the c~ommonwealth Trust Com
pany: Wake HiIl, president of the
Thomson. cashier of the Boatmen's Bank:
II ]. DrCmmond. director Of the Mer-
chants-Laclede National Bank: August
Gehner. president of the German Bank
Charles Hamilton. secretary of the Lin
coin Trust Company: George w. Wilson,
treasurer of the Mercantile Trust Com
pany: August SChiafy. president of the
Missouri Trust t'nmnlnIr 1niIflI - Walsh
president of the Mississippi Valley Trust
Company. and II. y. Forman, president Of
the Fourth National Bank.
The folio Wing-nanrei officers were elect
ed at Il meeting In the directors room in
the National Link of Commerce Friday:
II. A. Forman. president: c. H. Hn5tis.
II. THOMPSON and r. r. Hutchinson. vice
presidents. The actl-a officers. the cashier
and assistant cashier will be chosen at a
future meeting. The bank will be n de-
p~ository only. No loans will be made.
The money deposited will he distributed
pro rata among the banks and trust COM
panicS.
As n convenience for the general public.
the Worlds Fair and the co~ncessionaires.
the bunk will be kent open until midnight.
The clerical force will work in two shifts.
part of the force having sleeping quarters
on the second floor of the bank building.
which will be located in the closure near
the main entrance. the STRUCTURE facing
by Director of Works Taylor. William II.
Thompson. II. A. Forman and G. W. Car
rels will nave charge of the construction.
The bank will be used for business n
month before the Worlds Fair Is Opened.
In connection with the bank there will
be a safe deposit company organized un-
at slOH.CJD. This ompany will AVE the
same board of directors as the bank, but
will be under a different organization: II
will have a large fireproof vault and $50
derosit boxes: will he open day and night.
ard viii be in charge of a manager, who
is to b selected. The officers OF the com
pany are: G.. W. Garrels, president: II. |.
Drummond. Walker Hill. George W. Will
son. FL. Unicke and Julius S. Walsh. vice
presidents.
The officers of the companies believe
the bank and safe deDosit boxes VIII be
Il great convenience to the thousands or
Worlds Fair visitors. who will stay at
hotels near the Exposition rounds. This
is the first instance where a national bank
has been organized 10 do business on the
ground during an exposition.