Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-10-01

'N4WS happy FACULTY, not
- new TO the sons of
ROLAND L. TAYLOR the Quaker City, of
combining so-called "old- fashioned" cour-
tesy with the adroit directness essential to
success in the modern financial field. He is
not so picturesque some of the steel
barons with whom he has been active in the
last few weeks. Until few years ago. in
fact, he was looked upon by those outside
his own circle as a type of the steady plod-
der rather than of the quick thinker. His
part In the sale Of the Baldwin Locomotive
Works changed this view four years ago.
Always a Philadelphian
outwardly, Mr. Taylor is plain, ordinary
business man. Inwardly, his accomplish
ments would indicate he is something OF a
financial genius. He is native Philadel-
phian, the son OF l. J. and Anne Elizabeth
Atkins Taylor. Both his parents are OF old
English stock. His father, who was born
in the West Indies now lives with Mr. Tay-
lor In Germantown. The son studied in the
public schools and in the Central High
School. After graduating. he entered the
office Of Barker Brothers & Co., bankers, in
a clerical capacity. This was in 1887.
-Four years later Mr. Taylor entered as a
clerk the trust department of the Real Es-
in that company. When he left It, in 1906,
before the crash, he was assistant secretary
in his department. The old and wealthy
Philadelphia Trust, Safe Deposit and Insur-
ance Company then offered him the position
OF vice president. This was in June, 1906,
exactly nine years after the start OF his
business career. He also became a director
of the company at that time, and four years
later was elected president.
The sale of the Baldwin Works to a cor
poration, which was chartered as the
philadelphia Locomotive Works." and
which changed its name q few weeks later
to Baldwin Locomotive Works." under
which II is still doing business, is history.
Few OF the intimate details OF how the
works sold and reorganized were ever
made public, but IT is common knowledge
that Mr.. Taylor played an influential part in
It, The stock OF the company was increased
to s4o,oOoO0O. 1t was then that the plans
were made for the great new plant at
Eddystone, and land also was acquired near
Chicago for another plant.
Financial records are replete with In
stances of how the money kings OF New York
came to this city for help, not only in cash.
but In brains. New York was quick to rec
ognize the genius displayed by Mr.. Taylor In
the Baldwin deal. He became identified with
William A. Read g. Co. Since that time his
interests with that firm have been so ex-
acting that he resigned from the Baldwin
directorate, and also from the presidency of
the Philadelphia Trust. His principal inter-
ests now outside the firm OF which he is
member are as director OF Young. smyth,
Field Company and the Edward G. Budd
Metals Company.
Mr.. Taylor is a member Of the Executive
Committee OF the Trust Company Section Of
the American Bankers Association ana a
close personal friend of William A. Law, for
mer president OF that organization. Mr.. Tay-
lor also is a member of the Executive Com
mittee of the Pennsylvania Bankers Assocl-
alton. He is actively interested in the
affairs Of both organizations. The Trust
Company Section OF the American Bankers
Association has become one of the most i'm
portant in that body. due in no small part
TO his efforts
Out of Business Hours
- k,.at m