New-York tribune., 1910-01-31
VAN NORDENS OUT
OWNERSHIP OF TRUST
COMPANY SOLD.
Carueg1e Trust Interests For
maHy Take Control of
Institution.

Though the annual meeting OF the Van
No-den Trust Company was held last
-nesdav, announcement OF the with
drawal Of Warner Van Norden. as d.
rector. and his son. Warner NJ. Van Nor
aen. as director and president. was not
made until yesterday.
Through an official statement given out
Yesterday il was learned that the resig-
nations Of the Van Nordens followed the
disposal Of all their stock holdings in the
van Norden Trust Company.
The new president of the Van Norden
Trust Company is Charles A. Moore. sr-.
who is also chairman Of the board of di-
rectors. The other officers are Watkins
Crockett, vice president; Bradley Mar
TN. 5r vice-president and treasurer; W.
" Robinson. secretary; Charles a. Fish
er assistant secretary and assistant
treasurer; George W. Bartholmei. trust
officer. and Tompkins McIlvaine, general
counsel.
The directors are Henry F. Shoera ker,
Martin J. Condor, Irving E. Raymond,
Samuel H. Kress. Joseph B. 3eichmann.
Gustave Baumann. Charles A. Moore.
5r.. Edward R. Finch, William j Cum
Minis. Charles A Moore. ST.. Bradley
Martin. If, Watkins Crockett and Tornp-
ki1s McIlvaine.
Nearly all these officers and directors
gre connected with the Carnegie Trust
Company. Joseph B. Reichmann was
recently elected president of the COM
pany, 70 succeed Charles c Dickinson.
T1o vas badly hurt last October while
riding in Central Park.
The retirement OF the Van Nordens
from the trust company which bears
their name strengthened the frequent
rur1or Of the merger OF the Van Norden
Trust Company. the Twelfth Ward Bank
and the Nineteenth Ward Bank with the
Carnegie Trust Company. For nearly
year there have been reports that these
Institutions would merge. Late last
spring control Of the Van Norden Trust
Company and the two banks passed TO
syndicate, Of which Charles c. Dickin-
son. al that time president of the Car
reg1e Trust Company, was z member
This syndicate obtained 20 per cent Of
The stock holdings in the Van Norden
Trust Company.
merger would be effected as soon as
those interested in the deal were ready
~ that tine William J. Curuu1ins and
Charles a Moore. sr-, directors Of the
Carnegie Trust Company. were elected
= the directorate Of the Van Norden
Trust Company.
Charles A Moore, sr. the new pr-si
dent Of the Van Norden Trust Com
pany, said last night al his home in
Greenwich. Conn:
The control OF the Van Norden Trust
Company changed hands some time ago.
The election OF the officers of this com
pany had 70 be deferred until last week
when The annual meeting was held. The
celay in the election Of officers was sim
Ply because il was not convenient TO
make the change earlier"
Bradley Martin, jr.. one of the diree
tors Of the Van Norden Trust COMPANY
said yesterday:
The directors Of the Carnegie Trust
Company bought control OF the Van
Eorden Trust Company last year. Some
ot them have now been elected officers
Of The Van Norden Trust COMPANY. and
they individually hold control of The
company. The directors Of the Carnegie
Trust Company bought in the Van Nor
oen holdings as individuals and not as
company
The ruraor that the Van Norden Trust
Company IS 70 merge with the Carnegie
Trust Company at once is not true. II
acton Of this kind is taken il may come
some time il the spring It is too early
70 make definite announcement Of such
z plan"
Warner Van Norden said last night:
Ny son and have sold all our hold
rgs IN the trust com pany The an
nelncen1ent made to-day is simply Of
fc-al confirmation Of the transa elton "a ST
year. when We disposed Of a seven
l@nt1s interest in the company"
1r Fan Norden added that his retire.
T1Ent vas due 10 desire 10 relea Sc hirn-
seit IS much as possible from business
cares