Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-04-23
SAVINGS
BANK HEAD DROPS
DEAD ON TRAIN
Horace 7. Brumley Had Been
Connected With Institution
for F0rty=f0ur Years.

Horace i. Brululey, president of the
old Howard Savings Institution, died
suddenly last night on the Montreal
express of the New York Central rail-
! road. after the train left Utica, while
on the WY from Lake Placid where
he had been three weeks. to his
home at Troy Hills, this State. He had
been ill since March l. the trouble be-
ing kidney disease. But his friends
did not think his condition was critical
and they We're shocked this morning
when they heard of his death.
Mr.. Brumley is survived by his wife
and three daughters. The latter are:
Mrs, Arthur Paulmier. of Troy Hills,
Mrs Warren Baldwin. of Boonton, and
Mrs. w Q. Cooper. of East Orange.
There is a young grandson. Horace
Brumley Paulmier
Mr. Brumley was q director of the
National Newark Banking Company.
the American Insurance Company and
the Proyident Lean Association. He
was a trustee in the Presbyterian
Church at Parsippany. He was vice
president of the Morristown and Erie
Railroad Company. which has lines eX-
tending from Essex Fells TO Norris
town.
The body of Mr. Brumley was re-
moved from the train To a mortuary
chapel in New York city. A Newark
undertaken will take it to Troy Hills
tonight
Horace T. Brumley was born in Con-
necticut about sixty years ago, went to
4 'deestriet school, for few years
came to Newark when he was 16 years
young. and in 1866. when he was 16 years
old. was a messenger boy. He made
fires and swept the floors of the rooms.
He became a clerk in the bank, was
promoted to higher positions for merit,
and in 1878 was elected secretary of the
institution. In 1885 he was elected
treasurer also. November 16, 1908, he
was elected president to succeed the
late Eugene Vanderpcol, son of the first
president of the bank, which was incor-
porated March. 1851
At the time Mr.. Brunley entered the
bank as messenger It's deposits
amounted to only $s00,00o and the de-
positors numbered nearly 5000. When
Mr.. Rrumley was elected president in
1903 the deposits had increased to SlS,-
600 900 and the number of depositors to
over 3,000 During the seven years
Mr. Brumley was president there was
very large increase in deposits and in
the numper of depositors. He was in the
bank when the old Newark Savings In
stitution failed the first time in 1877.
when the Howard kept its doors open
and paid every depostor who called for
his or her deposits. The Howard did
the same at the second and final fail
ures of the old bank and repeated it in
the panic of 1898.
Mr.. Brumley lived in Roseville until
he built a country home at Troy Hills,
near Whippany. more than a dozen
years ago. He was at his desk in the
bank every week day from the opening
hour in the morning until after it closed
in the afternoon. His intimate friends
often said he gave too close attention
to the bank and took too little recrea-
ton. He was a quiet man who did not
care for society. He was family man.
He was very able bank manager
The Howard Bank has had five presi-
ents since it began business fifty-three
wears ago. They were Beach Wander
pool, who died in 1884; Joseph N Tuttle,
who died in 1887; Frederick Freling-
huysen. who resigned in 1900 to be
president of the Mutual Benefit Life
Insurance Company; Eugene Wander
pool, who died in 1908, and Horace T.
Brumley, who was connected with the
bank forty-four years