The Birmingham age-herald., 1905-02-09
CRAWFORD WITH
 AMERICAN TRUST Mccormack is Made Chairman and Crawford President OTHER OFFICERS THE SAME Expansion of American Trusts Bus mess Results in the Creation of
 Office of Chairman of Board.
 Banks Strong Record.
OTHER OFFICERS THE SAME

IT. ID. hNSOIiiietGh ID liOW OL the board of directors of the American Trust and Savings bank and ". W. Craw- ford Is president of the institution. These changes were made at a meeting of the directors yesterday afternoon. The other officers of the bank remain as before.
 MT. Mccormack, one of the founders of the American Trust and it's popular and able president from the start. will, as chairman continue to be as closely iden- tihed with the operations of the institu- ton as formerly.
 Expanding Business.
 Ever since the American Trust ac- quired by purchase early in the year the business of the Alabama National, there by doubling it's already large deposit line, rumors were current in Birmingham banking circles that MT. Crawford had been offered the presidency at hand some salary; but his purpose regarding the matter was not known by many until last night.
 Yesterday morning MT. Crawford re- signed the cashiership of the First National bank, which he had held IOT SOIle lllIt. IlG ulu liliS PSAANAh0 his election to the presidency of the American Trust, which was set for the in order that he might be ready to enter without delay upon the discharge of his new duties.
 The following statement was given out at the American Trust soon after the adjournment of the board of directors vesterdav evening.
 Creation of Chairmanshp.
 'The continued growth of the business of the American Trust & Savings bank, in it's various departments, has necessi- tated an enlargement of its official list and the creation of a new office, that of chairman of the board of directors.
 At meeting of the directors of that institution held this afternoon, the by laws of the bank were amended, and MT G. B. Mccormack was elected chairman, with full authority and control of the executive business. The vacancy in the office of president caused by this promo tion, was filled by the election of MT. W.. W. Crawford, formerly cashier of the First National bank of this city, who was also elected a member of the board of directors. There will be no change in the policy of the bank or the personnel of the officers. Mir Crawford being an additional executive officer added to the force to take care of the larger business of the bank, in commercial and trust bu- siness.
 follows:
 "C. B. Mccormack, chairman.
 "w. w. Crawford, president
 w A Porter, vice-presdent
 "H. l.. Badham, vice-president.
 I'll. B. Urquhart, cashier.
 "C. M. Williamson, assistant cashier"
 Brief History of Bank.
 The American Trust and Savings bank opened for business April 1, 1903, with deposit of $S9, ,45492. The institution made an immediate hit and it's business in- creased rapidly MT. Mccormack ana the officers under him gave the bank their best efforts and every published statement showed a great gain. Just De- fore the Alabama National business was merged into the American Trust the lat ter carried deposits amounting to nearly one million dollars The American Trust and Savings bank has now in round figures two million dollars in deposits. The officers and friends of the institution point naturally with pride to the phe- nomenal record it has made. It is said that no bank in any city of Birmingham's s  such rapid expansion.
 On February 15 the capital stock of the American Trust will be increased by $100 O00, making a capital of $200,0OO, with a surplus of s75.0O0.
 Knowledge of the District.
 Chairman Mccormack as the largest individual coal operator in Alabama and a man who is thoroughly familiar with the iron business as well as the banking business, is exceptionally equipped for handling propositions where large collat- eral is concerned.
 President Crawford has been connected with banking for twenty years. He was with the Berney bank in 1884. In 1890 he was with the Birmingham National and remained with that bank until it was &C., uuired by the Alabama National in 1892. Later he was cashier of the Berney and remained with that institution until it's business was acquired by the First Ma tional. MT. Crawford enjoys great per- sonal popularity and his personal &C., quaintance ranges from one end of Ala bama to the other.
 
 SALVATION ARMY