New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-03
rINANCIERS RESIGN
MORGAN and RYAN GO
Sons Succeed Them :3 BGnk: OF
C0h mcrce Board.

:. Pie-rU-lt Morgan. Thomas 2 Ryan and
Henry c. 5ern:E- yeS,c-6a- resigned IS
directors % The National Isan.z Of Com
u1e-ce. and :. Pierro1V E5orEaa. y. Allan
a Ryan. Mr.. Ryan's oldest son and Henry
2. Davlsor. OF J =. Morgan < CO, were
elected to the bosrl 10 fill the -c5-octi-e
vacancies new committee of the board
known as the finance committee. was ere
atel. with ihs following members: Presi-
de1- Valentine 2 SNYDER Nj Dawson.
Woodbury. Langdon, :. Pierpcnt Morgan.
j.. Paul Morton. Charles a Peabody and
Jacob Il Scl.iG-
n Morgan. although stilI a director II
many corporations has within the last few
c-e1rS been gradually retiring from active
bus ross fie has long beeu connected with
mo National Bank Of Commerce o. which
h was vioe-nrosident for number Of
years. retiring from that office II JaEua-y-.
.aas
j. PierponJ Morgan. 5r-. w-o takes his
f.-ber's rlaco in the directorate for years
took an Important part in -ho direction Of
IT, business of T : Morgan < Co. the
London house OF the EorEans, making mis-
home s. the English capital. bUt for ire
.aSt TWO or three years re has sJveu prac-
ciCaNE al - his attention - she affairs o.
tD1 New York house II =. 2 Morgan { Co.
lie RS e.eCted q director % the United
States : ae3 Cor1orat.on a fe~- n7onfh rs ago
as spcoss>or 90 the late II. Il. Rogers. and
also director Of The Intentional Nercan-
-ile Marine Company and of tse Eor;heru
Pacific Railway COMPANY.
Thomas T. Ryan has beor 2 director ard
E,ca-pres5ac-t 81 the National Bank %
Commerce since October, 5e53 when tha
Western National EaEE o the United
Of II 81
cent pas merged into the Bark OF Com
--ercz. IN November. 1876, n. Ryan an
rolnced that Re had retired from the Girec-
-ordteS of d large numbe~ of railroad and
Cthe- corporations. and tWo years later lie
said that an The advice @: his physicians
- had retired from ali except the Morton
Trust COMPANY ard the National Bank Of
Commerce Of bo-h Of which Institutions
IL was z ricc-presideut and the American
Tobacco COMPANY, or which nc was dlrec-
--~ 80 is stIu member Of the tobacco
cerrHauvs board ard j. also 2ne Of the
directors cE jhe Guaranty Trust Company,
7ystl which the Morton Trust company was
merged several weeks ago. Allan A Ryan,
VINO - head Of the Stock Exchange firm
- Allan =. Ryan & Bro, has taken his
fathers place on various boards.
Henry c Deming. who retires with
lIessrs Morgan and RYAN from the board
81 the National Bank Of Commerce. vas
president of the Mercantile Trust Com
ran- for about I'VE years. succeeding The
ate General LcuIs Fitzgerald IN that office.
and resigned IN April. 1907. on account Of
II health. His successor on the board Of
-le Bank Of Commerce. Henry P Dawson,
las been partner Ia :. p Morgan a Co
p z little more than q year Prior 10
thar time he had been for five or SIX wears
Z vice-president o. the First National Bank
10 which Office he had come from the pTesi-
de1cv Of the Liberty National Bank lie
las been for several years chairman Of the
executive committee IF the Liberty Ma
9tena1 Bank the Bankers Trust Company
and the Astor Trust Company. and dlrec-
Tor of the First National Bank and ne
FIRST Security COMPANY Last DecenaoeI
NJ Dawson became director OF the
american Telephone ana Telegraph Com
many and the Western Union Telegraph
,-arnuanv and acted as purchase Of the
control Of the Guaranty Trust Compants
-r+ negotiations on the part of The company
81 tire subsequent merger being conducted
r- him. Ar Dawson l. q director ana
voting trustee OF the Guaranty Trust COM
rarv and gae also elected III January 3
director Of III. Chemical National Bank