New-York tribune., 1912-01-17

1899. was included in the arrangement the
three institutions being merged as the
| Trust Company of America, with MI
| Thorne as its president.
The Oldest OF the three companies was
the North American Trust Company, Which
was formed in 1893. taking over the assets
OF the Jarvis-C Conkling Mortgage Company
In May, 1892 the late Colonel w. L. Tren-
holm was succeeded as president by the
| late Alvah Trowbridge, who for many
years had been vice-president of the Ma
tional Bank OF North America. The In
ternatlonal Banking and Trust Company
which had been organized in the summer
of 1889, with Stewart Browne as its presl-
dent. was merged with the North Ameri-
can Trust Company In April. 1900. and
few months later. Oakleigh Thorne. who
had taken Mr.. Brownies place as head OF
the international a little before the merA
ger, succeeded Mr. Trowbridge as presi-
dent Of the enlarged North American Trust
Company.
The Trust Company Of New York, which
had been organized in November 1899. and
of which Willis s. Paine was president, was
amalgamated with the North American
Trust Company in February, 1901, and at
about the same time the latter took over
the Holland and Century trust companies
in liquidation
Since the merger OF the North American
Trust Company, City Trust Company and
Trust Company of America, under the
style Of the latter. only one institution has
been absorbed, the Colonial Trust Company,
organized about 1900 by the late ex-Gov-
ernor Flower and his friends. which was
taken over in April. 1907, becoming the
Colonial branch OF the Trust Company OF
America.
History Of the Equitable.
The Equitable Trust Company which
until recently was controlled by the Equi-
table Life Assurance Society, was formed
in 1902. and Mr.. Krech has been its presi-
dent since June 8. 1893 Plans for its mer-
ger with the Mercantile Trust Company
were made in the early part of 1907, but
We're long delayed by litigation, and finally
were dropped The Equitable Trust in
March. 1909, took over the Bowling Green
Trust Company, which had begun opera
tions in the late '90s as the Produce Ex-
change Trust Company, and had changed
its name in 1900, after having been obliged
10 close lJS pOOIS LOT lt" NSVhS' ~
May Of last year the Madison Trust Com
pany. formerly known as the Van Norden
Trust Company, was absorbed by the EQui-
table Trust.
The officers Of the Equitable Trust Com
pany are Alvin W. Krech, president, Fred
erick w. Fulle. vice-president; Lyman
Rhoades, secretary. and II. Mercer Walker,
treasurer. The trustees include the officers.
except Mr. Walker, and Charles b. Alex
ander. Thomas De Witt Cuyler, Otto II.
Kahn Urban II. Broughton, William A.
Day, Harry Bronner. l.. +. Loree. Henry r.
Carse. Robert Goelet, George w. Murray,
Robert c. Clowry, Edwin Gould, Ralph
Peters, Herman J. Cook, Edwin Hawley,
Winslow s. Pierce Henry r. Cooper, Thomas
II. Hubbard, Frederic r. Coudert, Richard
r. Hunter. William II. Taylor Paul ID.
Cravath. f. T. Jeffery, Henry r. Winthrop,
William r. CroCker and Bradsh johnson.
Omcers of the Trust Company Of Amer
lea are Oakegh Thorne. president; Heman
Dowd and William .. Low. jr., vce-presi-
dents: II. b. Fonda, treasurer. and Edmund
l.. Judson. secretary. The board Of di-
rectors is composed Of Albert p. Boardman,
William H. Chesebrough, Ashbel Z. Fitch.
Charles d. Freeman, II. B. Holins, Frank
r. Lawrence, Charles G. Meyer, Seth NJ.
Miliken. Morgan j. OBrien, Joseph j.
O'Donohue jr, Lowell NJ. Palmer, stephen
Pea body. +. clifford Potter William +.
Sheehan. George r. Sheldon, Henry F. Shoe
maker. Oakleigh Thorne and W. X. Wander
bilt jr