Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1914-01-14
HARRISBURG BANKS
DECIDE TO ACCEPT
TContinued From First Page]
of Philadelphia as regional reserve
city.
Trust Companies Wait

of philadelphia as a regional reserve
city.
Trust Companies Wait
None of the banking institutions of
the other than national banks have
decided to apply for stock in a re-
gional bank under the new federal
currency law. The feeling expressed
by officials of the dozen trust COM
panies of the city when asked to-day
is that they want to wait until they
see how the new plan works out
Philadelphia is the. choice OF most
of the local bankerSsfor the regional
reserve center, although some would
like to see both New York and Phila-
delphia. if possible. Philadelphia
would be more convenient. Among
the trust companies of the city favor
ing Philadelphia are the Dauphin De-
posit Commercial Trust, Allison Hill
Trust Company, Citizens, Mechanics
Bank, Sixth Street Bank and the Sc
curity Trust Company.
Four local banks elected directors
yesterday to serve for the ensuing
year. They are: First National Bank,
Harrisburg National Bank, Merchants
National Bank and the Security Trust
Company.
Those elected at the First National
Bank are C. II. Backenstoe, James
Brady, John Fox Weiss, w. T. Hill
drup, Jr William jennings, A. c..
otamm and j. M. Small.
Those of the Harrisburg National
are Edward Bailey, j. G. NJ. Bay. Ross
A. Hickok, II. A. Kelker, Jr., w. l..
Gorgas, A. S. McCreath, G. W. Reilly
and L. T. Weirman.
Those at the Merchants National
are Louis Dellone. William Donaldson,
S. NJ. Rheeme, William Whitman, Lewis
Balsley, John s. Dapp, d. e. Tracy
and P. Fl. Vaughn.
Those at the Security Trust are:
President, George A. Gorgas; vice
and treasurer, o. S. Poorman; di-
rectors. ]. e. Garner, A. b. Gardner,
Joseph Davis, Augustus II. Kreidler,
Samuel Gardner, Henry G. Claster,
Ohm K. Bowman, Harvey b. Bear and
w. F. Reed of Dauphin.
At the annual meeting of the
Pennsylvania Surety Company held
to-day, the following were elected di-
rectors: E. Bailey, A. Fortenbaugh,
E. j. Stackpole, e. S. Herman, G. w.
Reilly These officers were elected:
President, E. Bailey; vice-presidents,
G.. W. Reilly, A. Fortenbaugh; secre-
tary and treasurer, r. G. Cox; assist
ant secretary, j. r. Henry.
Halifax Bank Elects
At the annual meeting of the stock
holders of the Halifax National Bank
the following directors were elected:
G. n. D. Enders, Edward Bailey, A.
Fortenbaugh, A. U. Smith, L. w.
Ryan, John E. Mace and James NJ.
Hoffman. At the organization of the
board the following officers were
elected. FortenballRh president.
G. w. d. Enders, yice-president; j. e.
Mace, secretary; A. U. Smith, L. w.
Ryan and James M. Hoffman, ex-
ecutive comittee; Percival s. Hill,
cashier, and Reed NJ. Lands, assist
ant. Four per cent. dividend was paid
out of the earnings of the last six
months and $1,000 added to the sink
ing fund. 1t was unanimously de-
cided to accept the provisions Of the
late federal currency act and become
member bank under the same.
The Peoples National Bank of
Duncannon, Pa, held its annual meet
ing yesterday, and after receiving a
very excellent report of the years.
business from their officers, elected
the following directors for the ensu-
ing year: Emanuel Jenkyn, s. s. Shell
Ter, c. l.. Harling, Charles Boutwell,,
Enos Smith, DR.. B. Beale, DIR. III. Nc
Kenzie, c. C. Raub, A. r. Thompson,
H. H. Hemperly, A. D. Michener and
Miss A. Shiller, of Duncannon, Pa,
and Charles s. Boil and Charles a.
Disbrow of Harrisburg, Pa. After the
above meeting the board of directors
met for organization and elected the
following officers: Emanuel Jenkyn,
president; S. S. Shelter. vice-presi-
dent; Charles Boutwell,, cashier; Edna
B. Jenkyn. teller